Due to the rising demand of nutritional foods and alginates in food products, the seaweed market is growing at an incremental pace of development on the global stage. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Agriculture sector among others, recently forecasted in its report on Global Seaweed Market Research Report- Forecast to 2022 that the market will demonstrate an exceptional CAGR % while achieving million dollar growth readily in the forecast period.

Latest Industry Updates

January 2017, New Frontier Foods, manufacturer of Ocean's Halo seaweed products, plans to expand its product line and manufacturing capabilities.

January 2017, Austin-based Seaweed Bath Co. has launched facial skin care products based on seaweed ingredients

March 2016, The National University of Singapore's (NUS) Science faculty and the YGC Group Singapore collaborated and signed an agreement to launch a new drink made with Eucheuma, a type of seaweed found commonly in South-east Asian seafloors

February 2012, Seakura Ltd. launched a new line of organic seaweed products majorly targeting European consumers.

Global Seaweed Market - Competitive Analysis

Seaweed market offers huge growth opportunities for the industrial players. The market is fragmented and marked by the presence of several large- and small-scale vendors. Market players are pouring in million dollars for product innovation. There has been rising product launches including snack products with seaweed flavor. With growing inclination of the end-users towards various seaweed meals and use of seaweed as paleo diet has offered potential growth opportunities for the seaweed manufacturers. Industry players in the Seaweed segment are well aware of the consumer product preferences and have been responding to it through various dimensions including introduction of flavor blends, brand extension to include more sophisticated flavors, specialty products for health conscious consumers and offering various snack option. Most of the industrial players are diversifying and augmenting their capacities based on strategic product positioning and target audience.

Complete Report Details @ https://www.marketresearchfuture.com/reports/seaweed-market-2935

Global Seaweed Market – Segments

The global Seaweed market has been divided into shape, type, distribution channel, and region.

On The Basis Of Type: Brown Seaweed, Green Seaweed, Red Seaweed

On The Basis Of Form: Powder, Liquid, Flakes, Others

On The Basis of End Use: Textile Industry, Food, Paper and Pulp, Welding Rods, Pharmaceuticals, Personal Care products, and Others

On The Basis Of Region: North America, Europe, Asia Pacific and ROW.

Global Seaweed Market - Regional Analysis

The global Seaweed market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global Seaweed market is highly dominated by Asia-Pacific followed by North America. China, Indonesia, the Philippines, South Korea and Japan are the leading markets in the Seaweed industry. Owing to increasing disposable income, changing lifestyle, evolving dietary pattern and growing demand of natural & healthy products, there has been surge in demand of seaweed in developing economies. Thailand, Japan, China, Australia and U.S. are the major importers of seaweed. European seaweed market is projected to grow at a high CAGR during the forecast period.