Seaweed market is driven by increasing use of seaweed into various herbal products and raising awareness of the use of multiple species of seaweed into food and feed applications. Also, high volume of seaweed consumption into hydrocolloid production coupled with upsurge demand from European countries further propel the growth of the seaweed market. However, excessive consumption of seaweed may lead to health issues is anticipated to be a major restraining factor for the seaweed market. Moreover, increasing use of seaweed in biofuel may create a new market opportunity for the market player over the projected period.
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Seaweed is called macrophytic algae or microalgae that is grown in the shallow waters. It is used as a natural alternative owing to its antioxidant, antimicrobial, and anti-inflammatory properties. These properties of seaweed also help to control blood pressure and blood cholesterol level. Seaweed is available in various forms, and the extracts are widely used across the food, feed and fertilizers industries. Seaweed is rich in omega-3 fatty acids, dietary fiber, necessary amino acids, and vitamins A, B, C, and E. It also provides health benefits by improving digestion and weight management. Furthermore, they consist of various essential minerals such as calcium, iodine, iron, copper, selenium, magnesium, manganese, and zinc. Seaweed is rich in phytonutrients, including sulfated polysaccharides that have anti-inflammatory, and antiviral.
Top Companies Research
Annie Chun’s, Inc., Cargill, Incorporated, Chase Organics, CJ FOODS. INC., E. I. du Pont de Nemours and Company,, gimMe Health Foods Inc., Irish Seaweeds, Maine Coast Sea Vegetables, Inc., Mara Seaweed, Qingdao Gather Great Ocean Algae Industry Group
Source: The Insight Partners
Aquaculture 