DUBLIN--(BUSINESS WIRE)--The "Commercial Seaweeds - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Commercial Seaweeds Market to Reach $34.8 Billion by 2030
The global market for Commercial Seaweeds estimated at US$17.8 Billion in the year 2022, is projected to reach a revised size of US$34.8 Billion by 2030, growing at a CAGR of 8.7% over the analysis period 2022-2030.
Red, one of the segments analyzed in the report, is projected to record a 8.6% CAGR and reach US$18 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Brown segment is readjusted to a revised 9.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $4.9 Billion, While China is Forecast to Grow at 12.3% CAGR
The Commercial Seaweeds market in the U.S. is estimated at US$4.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.6 Billion by the year 2030 trailing a CAGR of 12.3% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5 Billion by the year 2030.
Looking Ahead to 2023
Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth.
Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession.
Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
1. MARKET OVERVIEW
- Influencer Market Insights
- Impact of Covid-19 and a Looming Global Recession
- Commercial Seaweed Market in Middle East and Africa
- Commercial Seaweed Market in Asia Pacific
- Commercial Seaweed Market in Europe
- Commercial Seaweed Market in North America
- A Prelude to Commercial Seaweeds
- Commercial Seaweeds: An Introduction
- Commercial Seaweeds - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS (Total 44 Featured)
- Acadian Seaplants Limited
- Algaia
- Biostadt India Limited
- Brandt
- Cargill, Inc.
- Chase Organics (GB) Ltd.
- Compo GmbH
- CP Kelco
- Dow, Inc.
- DuPont de Nemours, Inc.
- Gelymar
- Indigrow Ltd.
- Leili Agrochemistry Co., Ltd.
- Qingdao Seawin Biotech Group Co., Ltd.
- Roullier Group
- Seasol International Pty. Ltd.
- The Cornish Seaweed Company Ltd
- West Coast Marine Bio-Processing, Corp.
3. MARKET TRENDS & DRIVERS
- Asia Pacific Projecting Highest Market Share
- Commercial Seaweed Size and Share
- Brown Seaweed Type Market Growth
4. GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/utzczf
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
