Charting the Course for Success in Commercial Seaweed Market Worth US$ 22.82 Bn: Fact.MR Report
Thickening Agent in Food Products is Raising Consumption of Commercial Seaweed in the Food Industry: Fact.MR Research
Rockville Pike, Oct. 01, 2024 (GLOBE NEWSWIRE) — As stated in the updated report by Fact.MR, a market research and competitive intelligence provider, the
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the commercial seaweed market for 2019 to 2023 and forecast statistics for 2024 to 2034.
The study divulges essential insights into the market based on source (red seaweed, brown seaweed, green seaweed), and form (powder, liquid, flakes), across seven major regions of the world (North America, Latin America, Eastern Europe, Western Europe, East Asia, South Asia & Pacific, and MEA).
Discover Additional Market Insights from Fact.MR Research:
The global seaweed algae sales are estimated to expand from US$ 15,000.0 million in 2023 to US$ 20,345.0 million by 2033.
Global seaweed derivative market is calculated at US$ 1.84 billion for 2024 and is forecast to increase at a steady CAGR of 4% to reach US$ 2.72 billion by 2034.
According to the Fact.MR analysis, global marine seaweed sales grew at a CAGR of 2.2% from 2018 to 2022. The global market for marine seaweed is projected to grow at a compound annual growth rate (CAGR) of 5.8% over the next ten years.
Fact.MR projects the red seaweed extract market to witness exhibiting growth at 4.6% CAGR during 2022-2032 in comparison to a CAGR of 3.1% with which it grew from 2017 and 2021.
The seaweed biomass waste market size is anticipated to grow from US$ 14,837.8 million in 2023 to US$ 38,918.1 million in 2033.
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