Seaweed Derivatives Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Source; Form; End-Use

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 6.5% from 2019 to 2027.

Seaweeds are basically red, brown and green marine microalgae, whose extracts are used in the horticultural crops for its plant growth promoting effects. The chemical derivatives of seaweed include fatty acids and vitamins, mineral nutrients, phytoharmones, and complex polysaccharides, among others. Major derivatives of seaweed include alginates, carrageenans, and agars. Alginates are largely extracted from brown seaweeds, while carrageenans and agars are largely extracted from red seaweeds. Alginates, carrageenans, and agars are increasingly used in food and beverage, animal feed, and agriculture industry among others. The market is majorly driven by the wider application of seaweed derivatives in food and beverage industry. It is increasingly being used in fertilizers which improves crop yield and increases the crop’s strength, which helps in pest resistance. Rising consumer awareness regarding health benefits of seaweed derivatives is majorly boosting the global market. Also, rising demand of organic food products fuel the growth of global seaweed derivatives market. Less awareness among the farmers regarding the extraction of seaweed is resisting the growth of seaweed derivatives market.

Based on end-use, the seaweed derivatives market, is segmented into food and beverages, agricultural products, animal feed additives, pharmaceuticals, and other end use. The food and beverages segment accounted for the largest share of the global seaweed derivatives market; however, animal feed additives segment is expected to grow at a higher CAGR during the forecast period. Agar is a seaweed derivative that is used as a gelling and stabilizer agent in water gels, bakery products, confectionery, dairy products, canned meat and fish products, soups and sauces, and beverages. It can also be used as a thickening agent, coagulator, emulsifier, and stabilizer in the production of confectionaries like gums, caramels, marshmallows, etc. Agar is used in dairy and dairy products such as ice-creams, mousses, yogurts, chocolate milk, custard tarts, custards, etc. It is used as a cost-effective stabilizer for dairy products where water retention is of key importance. Agar can also be mixed with other colloids to improve their final texture. It is used as a thickening agent in low-calorie marmalades, processed meat products, jams, icings, prepared soups, bakery fillings, ice-creams, etc.

Geographically, the seaweed derivatives market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East &Africa. Asia Pacific held the largest share of the global seaweed derivatives market, followed by Europe. The growth of the seaweed derivatives market in this region is primarily attributed to rapid growth in the food and beverage industry. China, Japan, South Korea are the main countries contributing towards the growth of seaweed derivatives market in Asia Pacific region. The Asia Pacific region is the global leader in terms of seaweed cultivation, wherein it is considered as a staple food in China, Japan, and South Korea. Rising industrialization along with environment supportive regulations, are expected to drive the seaweed derivatives market.

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.

Overall size of the global seaweed derivatives market has been derived using primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the global seaweed derivatives market. Also, multiple primary interviews were conducted with industry participants and commentators to validate and analyze the data. The participants who take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the seaweed derivatives market.

Reasons to Buy:

Highlights key business priorities to assist companies realign their business strategies.
Features key findings and crucial progressive industry trends in the global seaweed derivatives market, thereby allowing players to develop effective long-term strategies.
Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
Scrutinizes in-depth market trends as well as key market drivers and restraints.
Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

1. Introduction

1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:

4. Seaweed Derivatives Market Landscape

4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East and Africa
4.2.5 South America
4.3 Expert Opinions

5. Seaweed Derivatives Market - Key Market Dynamics

5.1 Market Drivers
5.1.1 Rising Demand form Food and Beverage Industry
5.1.2 Health Benefits Offered By Seaweed and Seaweed Derivatives
5.2 Market Restraints
5.2.1 Lack of Consumer Awareness Related to Seaweed Derivatives
5.3 Market Opportunities
5.3.1 Surging Demand for Seaweed Derivatives in Cosmetic Industry
5.4 Future Trends
5.4.1 Emerging Applications of Seaweed derivative in Dentistry
5.5 Impact Analysis Of Drivers And Restraints

6. Seaweed Derivatives - Global Market Analysis

6.1 Seaweed Derivatives Market Overview
6.2 Seaweed Derivatives Market -Revenue and Forecast to 2027 (US$ Mn)
6.3 Market Positioning - Key Market Players

7. Global Seaweed Derivatives Market Analysis - By Source

7.1 Overview
7.2 Global Seaweed Derivatives Market Breakdown, By Source, 2018 & 2027
7.3 Red Seaweed
7.3.1 Overview
7.3.2 Global Red Seaweed Market Revenue Forecasts to 2027 (US$ Mn)
7.4 Brown Seaweed
7.4.1 Overview
7.4.2 Global Brown Seaweed Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Green Seaweed
7.5.1 Overview
7.5.2 Global Green Seaweed Market Revenue Forecasts to 2027 (US$ Mn)

8. Global Seaweed Derivatives Market Analysis - By Form

8.1 Overview
8.2 Global Seaweed Derivatives Market Breakdown, By Form, 2018 & 2027
8.3 Liquid
8.3.1 Overview
8.3.2 Global Seaweed Derivatives: Liquid Market Revenue Forecasts to 2027 (US$ Mn)
8.4 Powder
8.4.1 Overview
8.4.2 Global Seaweed Derivatives: Powder Market Revenue Forecasts to 2027 (US$ Mn)
8.5 Flakes
8.5.1 Overview
8.5.2 Seaweed Derivatives: Flakes Market, Revenue Forecast to 2027 (US$ Mn)

9. Seaweed Derivatives Market Analysis - By End Use

9.1 Overview
9.2 Seaweed Derivatives Market, by End Use, (2018 & 2027)
9.3 Food and Beverages
9.3.1 Overview
9.3.2 Food and Beverages in Seaweed Derivatives Market, Revenue Forecast to 2027 (US$ Mn)
9.4 Agricultural Products
9.4.1 Overview
9.4.2 Agricultural Products in Seaweed Derivatives Market, Revenue and Forecast to 2027 (US$ Mn)
9.5 Animal Feed Additives
9.5.1 Overview
9.5.2 Animal Feed Additives in Seaweed Derivatives Market, Revenue and Forecast to 2027 (US$ Mn)
9.6 Pharmaceuticals
9.6.1 Overview
9.6.2 Pharmaceuticals in Seaweed Derivatives Market, Revenue and Forecast to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others in Seaweed Derivatives Market, Revenue and Forecast to 2027 (US$ Mn)

10. Seaweed Derivatives Market - Geographic Analysis

10.1 Overview
10.2 North America: Seaweed Derivatives Market
10.2.1 North America: Seaweed derivatives Market - Revenue and Forecast to 2027(US$ Mn)
10.2.2 North America: Seaweed derivatives Market, by Source
10.2.3 North America: Seaweed derivatives Market, by Form
10.2.4 North America: Seaweed derivatives Market, by End-Use
10.2.5 North America: Seaweed derivatives Market, by Key Country
10.2.5.1 US: Seaweed derivatives Market- Revenue and Forecast to 2027 (US$ Mn)
10.2.5.1.1 US: Seaweed derivatives Market, by Source
10.2.5.1.2 US: Seaweed derivatives Market, by Form
10.2.5.1.3 US: Seaweed derivatives Market, by End-Use
10.2.5.2 Canada: Seaweed derivatives Market- Revenue and Forecast to 2027 (US$ Mn)
10.2.5.2.1 Canada: Seaweed derivatives Market, by Source
10.2.5.2.2 Canada: Seaweed derivatives Market, by Form
10.2.5.2.3 Canada: Seaweed derivatives Market, by End-Use
10.2.5.3 Mexico: Seaweed derivatives Market- Revenue and Forecast to 2027 (US$ Mn)
10.2.5.3.1 Mexico: Seaweed derivatives Market, by Source
10.2.5.3.2 Mexico: Seaweed derivatives Market, by Form
10.2.5.3.3 Mexico: Seaweed derivatives Market, by End-Use
10.3 Europe: Seaweed derivatives Market
10.3.1 Europe: Seaweed derivatives Market - Revenue and Forecast to 2027(US$ Mn)
10.3.2 Europe: Seaweed derivatives Market, by Source
10.3.3 Europe: Seaweed derivatives Market, by Form
10.3.4 Europe: Seaweed derivatives Market, by End-Use
10.3.5 Europe: Seaweed derivatives Market, by Key Country
10.3.5.1 Germany: Seaweed derivatives Market - Revenue and Forecast to 2027 (US$ Mn)
10.3.5.1.1 Germany: Seaweed derivatives Market, by Source
10.3.5.1.2 Germany: Seaweed derivatives Market, by Form
10.3.5.1.3 Germany: Seaweed derivatives Market, by End-Use
10.3.5.2 France: Seaweed derivatives Market - Revenue and Forecast to 2027(US$ Mn)
10.3.5.2.1 France: Seaweed derivatives Market, by Source
10.3.5.2.2 France: Seaweed derivatives Market, by Form
10.3.5.2.3 France: Seaweed derivatives Market, by End-Use
10.3.5.3 Italy: Seaweed derivatives Market - Revenue and Forecast to 2027 (US$ Mn)
10.3.5.3.1 Italy: Seaweed derivatives Market, by Source
10.3.5.3.2 Italy: Seaweed derivatives Market, by Form
10.3.5.3.3 Italy: Seaweed derivatives Market, by End-Use
10.3.5.4 UK: Seaweed Derivatives Market - Revenue and Forecast to 2027 (US$ Mn)
10.3.5.4.1 UK: Seaweed Derivatives Market, by Source
10.3.5.4.2 UK: Seaweed Derivatives Market, by Form
10.3.5.4.3 UK: Seaweed Derivatives Market, by End-Use
10.3.5.5 Rest of Europe: Seaweed Derivatives Market - Revenue and Forecast to 2027 (US$ Mn)
10.3.5.5.1 Rest of Europe: Seaweed Derivatives Market, by Source
10.3.5.5.2 Rest of Europe: Seaweed Derivatives Market, by Form
10.3.5.5.3 Rest of Europe: Seaweed Derivatives Market, by End-Use
10.4 APAC: Seaweed Derivatives Market
10.4.1 APAC: Seaweed Derivatives Market - Revenue and Forecast to 2027(US$ Mn)
10.4.2 APAC: Seaweed Derivatives Market, by Source
10.4.3 APAC: Seaweed Derivatives Market, by Form
10.4.4 APAC: Seaweed Derivatives Market, by End-Use
10.4.5 APAC: Seaweed Derivatives Market, by Key Country
10.4.5.1 China: Seaweed Derivatives Market -Revenue and Forecast to 2027 (US$ Mn)
10.4.5.1.1 China: Seaweed Derivatives Market, by Source
10.4.5.1.2 China: Seaweed Derivatives Market, by Form
10.4.5.1.3 China: Seaweed Derivatives Market, by End-Use
10.4.5.2 India: Seaweed Derivatives Market -Revenue and Forecast to 2027 (US$ Mn)
10.4.5.2.1 India: Seaweed Derivatives Market, by Source
10.4.5.2.2 India: Seaweed Derivatives Market, by Form
10.4.5.2.3 India: Seaweed Derivatives Market, by End-Use
10.4.5.3 Japan: Seaweed Derivatives Market -Revenue and Forecast to 2027 (US$ Mn)
10.4.5.3.1 Japan: Seaweed Derivatives Market, by Source
10.4.5.3.2 Japan: Seaweed Derivatives Market, by Form
10.4.5.3.3 Japan: Seaweed Derivatives Market, by End-Use
10.4.5.4 South Korea: Seaweed Derivatives Market -Revenue and Forecast to 2027 (US$ Mn)
10.4.5.4.1 South Korea: Seaweed Derivatives Market, by Source
10.4.5.4.2 South Korea: Seaweed Derivatives Market, by Form
10.4.5.4.3 South Korea: Seaweed Derivatives Market, by End-Use
10.4.5.5 Rest of APAC: Seaweed Derivatives Market -Revenue and Forecast to 2027 (US$ Mn)
10.4.5.5.1 Rest of APAC: Seaweed Derivatives Market, by Source
10.4.5.5.2 Rest of APAC: Seaweed Derivatives Market, by Form
10.4.5.5.3 Rest of APAC: Seaweed Derivatives Market, by End-Use
10.5 MEA: Seaweed Derivatives Market
10.5.1 MEA: Seaweed Derivatives Market - Revenue and Forecast to 2027(US$ Mn)
10.5.2 MEA: Seaweed Derivatives Market, by Source
10.5.3 MEA: Seaweed Derivatives Market, by Form
10.5.4 MEA: Seaweed Derivatives Market, by End-Use
10.5.5 MEA: Seaweed Derivatives Market, by Key Country
10.5.5.1 South Africa: Seaweed Derivatives Market -Revenue and Forecast to 2027 (US$ Mn)
10.5.5.1.1 South Africa: Seaweed Derivatives Market, by Source
10.5.5.1.2 South Africa: Seaweed Derivatives Market, by Form
10.5.5.1.3 South Africa: Seaweed Derivatives Market, by End-Use
10.5.5.2 Saudi Arabia: Seaweed Derivatives Market -Revenue and Forecast to 2027 (US$ Mn)
10.5.5.2.1 Saudi Arabia: Seaweed Derivatives Market, by Source
10.5.5.2.2 Saudi Arabia: Seaweed Derivatives Market, by Form
10.5.5.2.3 Saudi Arabia: Seaweed Derivatives Market, by End-Use
10.5.5.3 UAE: Seaweed Derivatives Market -Revenue and Forecast to 2027 (US$ Mn)
10.5.5.3.1 UAE: Seaweed Derivatives Market, by Source
10.5.5.3.2 UAE: Seaweed Derivatives Market, by Form
10.5.5.3.3 UAE: Seaweed Derivatives Market, by End-Use
10.5.5.4 Rest of MEA: Seaweed Derivatives Market -Revenue and Forecast to 2027 (US$ Mn)
10.5.5.4.1 Rest of MEA: Seaweed Derivatives Market, by Source
10.5.5.4.2 Rest of MEA: Seaweed Derivatives Market, by Form
10.5.5.4.3 Rest of MEA: Seaweed Derivatives Market, by End-Use
10.6 SAM: Seaweed Derivatives Market
10.6.1 SAM: Seaweed Derivatives Market - Revenue and Forecast to 2027 (US$ Mn)
10.6.2 SAM: Seaweed derivatives Market, by Source
10.6.3 SAM: Seaweed derivatives Market, by Form
10.6.4 SAM: Seaweed Derivatives Market, by End-Use
10.6.5 SAM: Seaweed derivatives Market, by Key Country
10.6.5.1 Brazil: Seaweed Derivatives Market - Revenue and Forecast to 2027 (US$ Mn)
10.6.5.1.1 Brazil: Seaweed derivatives Market, by Source
10.6.5.1.2 Brazil: Seaweed derivatives Market, by Form
10.6.5.1.3 Brazil: Seaweed derivatives Market, by End-Use
10.6.5.2 Chile: Seaweed derivatives Market - Revenue and Forecast to 2027 (US$ Mn)
10.6.5.2.1 Chile: Seaweed derivatives Market, by Source
10.6.5.2.2 Chile: Seaweed derivatives Market, by Form
10.6.5.2.3 Chile: Seaweed derivatives Market, by End-Use
10.6.5.3 Rest of SAM: Seaweed derivatives Market - Revenue and Forecast to 2027 (US$ Mn)
10.6.5.3.1 Rest of SAM: Seaweed derivatives Market, by Source
10.6.5.3.2 Rest of SAM: Seaweed derivatives Market, by Form
10.6.5.3.2.1 Rest of SAM: Seaweed derivatives Market, by End-Use

11. Impact of COVID-19 Pandemic on Global Seaweed Derivatives Market

11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact assessment of COVID-19 Pandemic
11.4 Asia-Pacific: Impact assessment of COVID-19 Pandemic
11.5 Middle East and Africa: Impact assessment of COVID-19 Pandemic
11.6 South America: Impact assessment of COVID-19 Pandemic

12. Industry landscape

12.1 Merger and Acquisition
12.2 Strategy and Business Planning
12.3 Company News
12.4 Product Launch

13. Company Profiles

13.1 W Hydrocolloids, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 KIMICA Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 DuPont de Nemours, Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Gelymar S.A.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products And Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 CP Kelco
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Algaia
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Compañía Española de Algas Marinas, S.A.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Cargill, Incorporated
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Arthur Branwell & Co.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Agarmex, S.A. DE C.V.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments

14. Appendix

14.1 About the Publisher
14.2 Glossary

Companies Mentioned

A selection of companies mentioned in this report includes:

W Hydrocolloids, Inc.
KIMICA Corporation
DuPont de Nemours, Inc.
Gelymar S.A.
CP Kelco
Algaia
Compañía Española de Algas Marinas, S.A.
Cargill, Incorporated
Arthur Branwell & Co
Agarmex, S.A. DE C.V

Table of Contents

Companies Mentioned

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