Seaweed Derivatives Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Seaweed Derivatives Market was valued at US$ 2,210.35 Mn in 2018 and is projected to reach US$ 3,903.91 Mn by 2027; it is expected to grow at a CAGR of 6% from 2021 to 2027.

Seaweeds are basically red, brown and green marine microalgae, and their extracts are used in horticultural crops for their plant growth promoting effect. Chemical derivatives of seaweed include fatty acids and vitamins, mineral nutrients, plant ham, and complex polysaccharides. The major derivatives of seaweed include alginate, carrageenan and agar. Alginate is mainly derived from brown algae while carrageenan and agar are mainly derived from red algae. Alginate, carrageenan and agar are increasingly used in the food and beverage, animal feed and agricultural industries.

Market Segments

Global Seaweed DerivativesMarket – By Source

• Red Seaweed
• Brown Seaweed
• Green Seaweed

Global Seaweed DerivativesMarket – By Form

• Liquid
• Powder
• Flakes

Global SEAWEED DERIVATIVES Market – By End-Use

• Food and Beverages
• Agricultural Products
• Animal Feed Additives
• Pharmaceuticals
• Other End Use

Key Players

W Hydrocolloids, Inc., KIMICA Corporation, DuPont de Nemours, Inc., Gelymar S.A., CP Kelco, ALGAIA, CompañíaEspañola de Algas Marinas, S.A., Cargill, Incorporated, ARTHUR BRANWELL & CO, and AGARMEX, S.A. DE C.V. are among the major players present in the global seaweed derivatives market.

Scope of the Report

The research study analyzes the global Seaweed Derivatives industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Seaweed Derivatives Market Report

1. What was the Seaweed Derivatives Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Seaweed Derivatives Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Seaweed Derivatives Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.