Global Commercial Seaweeds Market by type, application, form, by Region and Segment, Forecasts 2020–2026

Global Commercial Seaweeds Market is valued to reach USD 24.2 Billion by 2025, growing at CAGR of 8.6% over the forecast period 2020–2026. Key factors augmenting the market are rising awareness of medicinal uses of seaweeds, growing demand for seaweed-derived foods and snacks coupled with usage of seaweed as hydrocolloid and a gelling agent.

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Rising health awareness among consumers is one of the major factors driving the growth of the market. Some of the key attributes of commercial sea vegetables are that they are one of the major sources of minerals and vitamins in the human body, once consumed. In addition, seaweeds regulate the estradiol and estrogen levels in the body.

Brown seaweeds are one of the major sources of iodine, which is rare in other food items or ingredients. In addition, it is highly important to regulate the estradiol and estrogen levels in the human body. Use of seaweed and its isolates enhances satiety further reducing the postprandial absorption rates of glucose and lipids for human feeding studies that helps in development of anti-obesity foods. Seaweed also forms an important ingredient for development of new food products.

The huge volume of cultivation associated with sea vegetables along with low cost of production is a major factor driving the commercial seaweeds market. Low costs and commercial viability is allowing farmers to opt for seaweed production, thereby driving the market.

Mercury is one of the most common minerals found in oceans and in ocean fishes. It is present in high quantities in sea vegetables as compared to the amount of mercury consumed by humans in their regular diets. It can result in numerous health issues including anxiety, muscle weakness, skin rashes, numbness in the hands and feet, memory problems, trouble in speaking, hearing, or seeing which is expected to restrain market growth.