[Latest] Global Seaweed Extracts Market Size/Share Worth

Austin, TX, USA, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Seaweed Extracts Market Size, Trends and Insights By Type (Red, Brown, Green), By Form (Liquid, Powder, Flakes), By Application (Food & Beverage, Agriculture, Pharmaceuticals, Nutraceuticals), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” in its research database.

“According to the latest research study, the demand of global Seaweed Extracts Market size & share was valued at approximately USD 1.9 Billion in 2022 and is expected to reach USD 2.1 Billion in 2023 and is expected to reach a value of around USD 2.9 Billion by 2032, at a compound annual growth rate (CAGR) of about 6% during the forecast period 2023 to 2032.”

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Seaweed Extracts Market: Growth Factors and Dynamics

Demand Growth: The market for seaweed extracts is experiencing steady growth due to increasing consumer awareness about their health benefits and the rising demand for natural and sustainable ingredients.

Applications Expansion: Seaweed extracts are finding new applications in various industries, including food and beverages, cosmetics, pharmaceuticals, and agriculture, thus expanding their market reach.

Regional Variations: Different regions are witnessing varying rates of adoption, influenced by factors like cultural preferences, economic conditions, and regulatory landscapes.

Competitive Landscape: The market is becoming increasingly competitive with both established and new players vying for market share, driving innovation and product development.

Technological Advancements: Ongoing research and development efforts are leading to improved extraction methods and the discovery of novel applications for seaweed extracts.

Regulatory Factors: Stringent regulations and labeling requirements, especially in the food and cosmetic industries, are influencing product formulations and market access.

Consumer Trends: Evolving consumer preferences, such as the demand for clean-label products and plant-based alternatives, are shaping the market and driving product innovation.

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Report Scope

Feature of the Report	Details
Market Size in 2023	USD 2.1 Billion
Projected Market Size in 2032	USD 2.9 Billion
Market Size in 2022	USD 1.9 Billion
CAGR Growth Rate	6% CAGR
Base Year	2022
Forecast Period	2023-2032
Key Segment	By Type, Form, Application and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options	Request tailored purchasing options to fulfill your requirements for research.

(A free sample of the Seaweed Extracts report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
About 220+ Pages Research Report (Including Recent Research)
Provide detailed chapter-by-chapter guidance on the Request.
Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2023
Includes Tables and figures have been updated.
The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
Custom Market Insights (CMI) research methodology

(Please note that the sample of the Seaweed Extracts report has been modified to include the COVID-19 impact study prior to delivery.)

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Seaweed Extracts Market: COVID-19 Analysis

Supply Chain Disruptions: The global seaweed extracts market faced disruptions in supply chains, particularly in regions heavily affected by the pandemic. This led to delays in the sourcing of raw materials and manufacturing processes.

Fluctuating Demand: Consumer buying patterns shifted during the pandemic, with a focus on essential goods. This affected the demand for seaweed extracts in non-essential industries like cosmetics and some segments of the food industry.

E-commerce Surge: The growth of e-commerce during lockdowns provided a platform for the sale of seaweed extract products. Many consumers turned to online shopping for health and dietary products, which boosted sales.

Health and Wellness Trends: The pandemic heightened the awareness of health and wellness, leading to increased interest in functional foods and supplements, including those containing seaweed extracts, known for their health benefits.

Food Industry Adaptation: The food industry adapted to changing consumer preferences by incorporating seaweed extracts into various products, especially those associated with health and immunity.

Cosmetics and Skincare: The skincare and cosmetic industry, which initially saw a decline, rebounded with a focus on natural and sustainable ingredients, benefiting seaweed-based products.

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Key questions answered in this report:

What is the size of the Seaweed Extracts market and what is its expected growth rate?
What are the primary driving factors that push the Seaweed Extracts market forward?
What are the Seaweed Extracts Industry's top companies?
What are the different categories that the Seaweed Extracts Market caters to?
What will be the fastest-growing segment or region?
In the value chain, what role do essential players play?
What is the procedure for getting a free copy of the Seaweed Extracts market sample report and company profiles?

Key Offerings:

Market Share, Size & Forecast by Revenue | 2023−2032
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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List of the prominent players in the Seaweed Extracts Market:

Grow More Inc.
Chase Organics and Ocean Harvest Technology
Alga-Net and AlgAran Seaweed Products Ireland
Kelpak
Algea the Arctic Company
Shigawake Organics Ltd.
Unilever
Ocean organics
Suboneyo Chemicals Pharmaceuticals Limited
INDIGROW LTD.
Saosis Biotech Private Limited
AJ Products Pty Ltd
Mycsa AG
North American Kelp
Yash Chemicals Ltd.
Technaflora Plant Products Ltd.
Aveeno Active Naturals
Arihant Bio Fertichem Pvt. Ltd.
Others

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Seaweed Extracts Market – Regional Analysis

Asia Pacific:

Asia Pacific takes the lead in significant market growth during the projected period, primarily driven by its substantial use in agriculture, including horticulture, herbicides, and fertilizers. Agriculture represents a substantial portion of the overall demand for these products in the region.

Moreover, the consumption of seaweed extracts in food applications, notably snacks, is notably high. These extracts serve as crucial thickening and gelling agents within the food industry, enhancing their commercial appeal. Beyond this, they have gained recognition as potent dietary supplements, known for their potential to support weight management, enhance digestion, and reduce cholesterol levels.

Furthermore, the utilization of these products is on the rise in countries with strong agricultural economies, such as India. They play a pivotal role in bolstering crop yields, particularly for fruits, vegetables, and flowers. Additionally, these extracts contribute to fortifying plants’ natural defenses against pests.

In summary, the Asia Pacific region stands at the forefront of market growth, fueled by their diverse applications in agriculture and food industries, and their positive impact on crop production and plant protection in agricultural economies like India.

North America:

North America, spearheaded by the United States, is poised to be the second-fastest-growing region during the forecasted period. This region commands a significant market share in the realm of seaweed extracts, primarily attributable to ongoing endeavours in research and development within the organic and herbal product sectors.

Additionally, the utilization of seaweed extracts in the food industry has contributed to the region’s robust market presence. Furthermore, the demand for these extracts has surged notably, owing to their incorporation into cosmetic products such as shower gels and tubs. This diversification of applications further bolsters North America’s position in the global seaweed extracts market.

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The Seaweed Extracts Market is segmented as follows:

By Type

Red
Brown
Green

By Form

Liquid
Powder
Flakes

By Application

Food & Beverage
Agriculture
Pharmaceuticals
Nutraceuticals

Click Here to Get a Free Sample Report of the Global Seaweed Extracts Market @ https://www.custommarketinsights.com/report/seaweed-extracts-market/

Regional Coverage:

North America

U.S.
Canada
Mexico
Rest of North America

Europe

Germany
France
U.K.
Italy
Spain
Rest of Europe

Asia Pacific

China
Japan
India
New Zealand
Australia
South Korea
Rest of Asia Pacific

The Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa

Latin America

Brazil
Argentina
Rest of Latin America

This Seaweed Extracts Market Research/Analysis Report Contains Answers to the following Questions.

Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Seaweed Extracts Market? What are Their Company Profile, Product Information, and Contact Information?
What Was the Global Market Status of the Seaweed Extracts Market? What Was the Capacity, Production Value, Cost and PROFIT of the Seaweed Extracts Market?
What Is the Current Market Status of the Seaweed Extracts Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Seaweed Extracts Market by Considering Applications and Types?
What Are Projections of the Global Seaweed Extracts Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
What Is Seaweed Extracts Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is the Economic Impact On Seaweed Extracts Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are Market Dynamics of Seaweed Extracts Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Seaweed Extracts Industry?

Click Here to Access a Free Sample Report of the Global Seaweed Extracts Market @ https://www.custommarketinsights.com/report/seaweed-extracts-market/

Reasons to Purchase Seaweed Extracts Market Report

Seaweed Extracts Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
Seaweed Extracts Market report outlines market value (USD) data for each segment and sub-segment.
This report indicates the region and segment expected to witness the fastest growth and dominate the market.
Seaweed Extracts Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
Seaweed Extracts Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

The study provides a thorough overview of the global Seaweed Extracts market. Compare your performance to that of the market as a whole.

Aim to maintain competitiveness while innovations from established key players fuel market growth.

Buy this Premium Seaweed Extracts Research Report | Fast Delivery Available - [220+ Pages] @ https://www.custommarketinsights.com/report/seaweed-extracts-market/

What does the report include?

Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Seaweed Extracts market analysis.

The competitive environment of current and potential participants in the Seaweed Extracts market is covered in the report, as well as those companies' strategic product development ambitions.

According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

Participants and stakeholders worldwide Seaweed Extracts market should find this report useful. The research will be useful to all market participants in the Seaweed Extracts industry.
Managers in the Seaweed Extracts sector are interested in publishing up-to-date and projected data about the worldwide Seaweed Extracts market.
Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Seaweed Extracts products' market trends.
Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

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