Market Research Future (Food and Beverages) Global Seaweed Market Research Report- Forecast | Page 3

Seaweed Market Research, Size, Growth, Global Industry Analysis, 2023
2 Market Overview
Global Seaweed Market is projected to grow at the CAGR of 7.5% during the period 2017-2023. Seaweed are used
widely to extract hydrocolloids including carrageenan, alginate, agar and others which have potential application in
various industries. Seaweeds are found to possess anti-cancerous properties due to its rich anti-oxidant content
which makes it more popular amongst the consumers. They are used as a gelling agent and hence find wide
application in the food industries. Rise in demand for natural food supplements is anticipated to further influence the
positive growth of seaweed across the globe.
Growing economy and shift in consumer’s consumption preferences has influenced the positive growth of seaweed
market. Increased application of seaweed extracts such as alginate, agar, and carrageenan across food and other
industries is expected to spur its market growth over the given forecast period. Adoption of healthy lifestyle in the
developed countries is supporting seaweed market. Key Players are following strategies of merger and acquisition
of small players due to high demand of the product. Product innovation is considered to be the major focus for the
seaweed manufacturers. China and Japan are amongst the major key players exporting seaweed to various
countries in Asia-Pacific and other regions.
Study Objectives of Seaweed Market:
Detail analysis of the market’s segments and sub-segments
To estimate and forecast market size by Type, Form, End-Use and region
To analyze key driving forces which are influencing the market
Region level market analysis and market estimation of North America, Europe, Asia, and rest of the world (ROW)
and their countries
Value chain analysis & supply chain analysis of Seaweed
Company profiling of major players in the market
Competitive strategy analysis and mapping key stakeholders in the market
Analysis of historical market trends and technologies along with current government regulatory requirements
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