Commercial Seaweed Market to Expand at 10.8 % CAGR over the Forecast Period, from 2017 to 2025
Seaweed farming refers to the practice of harvesting and cultivating seaweed.
are very rich in minerals and vitamins. These vitamins and minerals are copiously used in a wide array of healthcare, personal care products, and foods. Seaweeds are kind of edible algae that come with extensive use across the food industry. The global commercial seaweed market is likely to witness sluggish growth over the timeframe of the forecast, from 2017 to 2025. Augmented demand for seaweed-based food items is forecasted to propel the growth of the global commercial seaweed market
DuPont de Nemours, Inc, CP Kelco, Cargill, Incorporated, Seasol international, Seawin Biotech Group Co., Ltd, and Acadian Seaplants Ltd. are some of the prominent companies found in the global commercial seaweed market.
Analysts at Transparency Market Research have prepared an all-inclusive report on the global commercial seaweed market for the period of 2017 to 2025. Utilizing extensive methods of research, experts at TMR have prophesized that the global commercial seaweed market is likely to witness moderate growth rate.
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Popularity of Seaweeds to Fuel Growth in Asia Pacific
Based on the regional segmentation, the utilization of seaweed as a delicious food item has a strong footprint in Asian countries like South Korea, Japan, and China. The demand for seaweed has also spread into the regions of Europe, Latin America, and North America. These days, however, seaweed is cultivated in almost all of the continents. Canada, Mexico, and the US are likely to witness considerable growth over the tenure of assessment, from 2017 to 2025.
It is prophesized that Asia Pacific commercial seaweed market will rise at a sound rate of growth of the period of assessment. Such growth of the market is owing to its extensive cultivation of commercial seaweeds.