Global Commercial Seaweeds Market Overview:
Commercial seaweed is a kind of macroalgae and it is found in arctic, tropical and cold water bodies. Seaweed is the common name for countless species of marine plants and algae. Seaweeds live suspended in the water column and provide the base of most marine food chains. Seaweed is full of vitamins, minerals and fiber. Many seaweeds contain anti-inflammatory and anti-microbial agents. Due to the health benefits of the seaweeds, their cultivation is increasing worldwide. Commercial seaweeds can be used as human foods, cosmetics, fertilizers and extraction of industrial gums and chemicals.
- Health Benefits of the Seaweeds
- Increased Awareness about Seaweed Applications
- Rising Demand for Seaweed Products from Food Industry
- Trend of Consuming Seaweeds as a Vegetable
- Fluctuating Prices of the Seaweeds Which Is Used As Raw Material for Seaweed Products
- Growing Use of Commercial Seaweed in the Pharmaceutical Industry
- Occurrence of Natural Disasters Affecting the Growth of the Seaweeds
- Excessive Use of Seaweeds
Some of the key players profiled in the report are Cargill (United States), Roullier Group (France), COMPO EXPERT (Germany), Chase Organics GB Ltd. (United Kingdom), CP Kelco (United States), Acadian Seaplants Limited (Canada), Gelymar (Chile), CEAMSA (Spain), Seasol (Australia) and Mara Seaweed (United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like Pacific Harvest Seafood Inc. (United States) and Algaia (France). Analyst at AdvanceMarketAnalytics see United States Manufacturers to retain maximum share of Global Commercial Seaweeds market by 2024. Considering Market by Form, the sub-segment i.e. Liquid will boost the Commercial Seaweeds market. Considering Market by Harvesting Method, the sub-segment i.e. Aquaculture will boost the Commercial Seaweeds market.
On 6th February 2019, Cargill has launched the Red Seaweed Promise. The program is specifically designed to address key sustainability challenges for the harvesting and cultivation of red seaweed, while enhancing producer livelihoods, supporting local communities and conserving the marine environment.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Commercial Seaweeds market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Commercial Seaweeds market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Commercial Seaweed Products Manufacturers, Raw Material Suppliers, Distributors, Government Body & Associations and End-user.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.