Pune, India -- (SBWIRE) -- 06/11/2019 -- With excellent supply-demand management and efficient seaweed farming setups, Cargill, Inc. and CP Kelco have emerged as the leading companies in the global commercial seaweeds market. Together, Cargill and CP Kelco accounted for more than half of the global market share in 2017. High investment in research and development of commercial seaweeds has proven fruitful and these companies have successfully launched new products to meet growing consumer requirements.
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In July 2018, Cargill Inc. launched Satiagel Seabrid, a new variety of carrageenan extract that is based on 100% cultivated seaweed. This product innovation has remarkably helped dairy manufacturing, enabling it to achieve desired consistency in related dairy products. Recent innovations in individual as well as combined use of seaweeds, and a subsequent rise in demand are strong indications of growth in commercial seaweeds market in the period of 2018-2025.
Food and Beverage (F&B) to Emerge as The Leading End-use Segment
Among all end use segments, food and beverage single handedly accounted for more than 50% of the global Commercial Seaweeds Marke t. Having said that, the cosmetics and personal care segment is expected to exhibit high growth due to recent demand and rising popularity among end users. The antioxidants properties of commercial seaweeds allow their use in various cosmetic products such as body lotions, moisturizing soaps, and creams, hair creams, and shampoos. Moreover, derivatives or extracts of seaweeds function as cell stimulators act as moisturizing agents. A host of product applications in cosmetics and personal care indicate that this segment will witness the highest growth during the period of 2018-2025.
According to Fortune Business Insights, a strong growth trajectory has been observed in the launch of seaweed-flavored food and beverage products across developed regions, especially in Europe. The increasing demand for commercial seaweeds have led to rising emphasis on research and development (R&D) activities towards cultivation techniques of seaweeds.
Major TOC:
Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
Executive Summary
Market Dynamics
3.1. Market Drivers
3.2.Market Restraints
3.3. Market Opportunities
Key Insights
4.1. Overviewof the Parent/Related Markets
4.2.Supply Chain Analysis
4.3. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
4.4. Commercial Seaweed Trade Analysis
Global Commercial Seaweed MarketAnalysis, Insights and Forecast, 2014-2025
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Type
5.2.1.Red Seaweed
5.2.2.Green Seaweed
TOC Continued…!
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