Seaweed Extracts Market
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<strong>Seaweed</strong> <strong>Extracts</strong> <strong>Market</strong>: Global Industry Analysis and<br />
Opportunity Assessment 2016-2026<br />
January 2017<br />
Report Id : REP-GB-2512<br />
Status : Ongoing<br />
Category : Food and Beverages<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved
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<strong>Seaweed</strong> <strong>Extracts</strong> <strong>Market</strong><br />
<strong>Seaweed</strong> are marine algae that are simple plants which dwells in saltwater including red, brown and green<br />
algae. <strong>Seaweed</strong> extracts is the collection of essential mixtures which is extracted from different types of<br />
algae such as red algae, brown algae and green algae. <strong>Seaweed</strong> extracts are the substances containing<br />
desirable properties that is extracted from various types of seaweeds that is used in various industries<br />
such as agriculture, horticulture, pharmaceuticals, cosmetics and others. <strong>Seaweed</strong> extracts are also used in<br />
diet pills. Alginate, agar, carrageenan and gelatinous substances are some of the products which are<br />
obtained from seaweed extracts. <strong>Seaweed</strong> extracts are type of products which are mostly used in plant<br />
cultivation. <strong>Seaweed</strong> extracts have attained broader uses than seaweed and seaweed meal. <strong>Seaweed</strong><br />
extracts are obtained by alkaline extraction of seaweed and substances such as fine particles that are not<br />
dissolved are removed by filtration. <strong>Seaweed</strong> extracts acts as bio-stimulants as a result of presence of<br />
plant hormones.<br />
Global <strong>Seaweed</strong> <strong>Extracts</strong>: <strong>Market</strong> Segmentation<br />
The global seaweed extracts market is segmented on the basis of form type, type, application and region.<br />
The seaweed extracts market is segmented on the basis of form type mainly into liquid, powder and flakes.<br />
The seaweed extracts is also segmented into type such as brown, green and red seaweed extract.<br />
The seaweed extracts market is segmented on the basis of application type in which seaweed extracts is<br />
used in applications such as agriculture which is sub-segmented into pesticides, fertilizers and others,<br />
animal feed, thickening agents, cosmetics and pharmaceuticals. Hence, the global seaweed extracts<br />
market is expected to significantly increase the revenue contribution over the forecast period.<br />
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<strong>Seaweed</strong> <strong>Extracts</strong> <strong>Market</strong><br />
Global <strong>Seaweed</strong> <strong>Extracts</strong> <strong>Market</strong>: Regional Outlook<br />
Geographically, the global seaweed extracts industry can be divided by major regions which include North<br />
America, Latin America, Europe, Asia Pacific, Middle East and Africa. Globally, among all regions, North<br />
America has developed as the most dominant region in global seaweed extracts market. Increasing usage of<br />
seaweed extracts in agriculture and horticulture industries in the form of liquid seaweed extracts,<br />
application of seaweed liquid extracts on fruits, vegetables and flower crops has increased higher yield and<br />
resistance to pests are some factors that has strengthened the growth of global seaweed extracts market<br />
and hence is projected to significantly expand the revenue contribution of the market over the forecast<br />
period.<br />
Global <strong>Seaweed</strong> <strong>Extracts</strong> <strong>Market</strong>: Growth Drivers<br />
The global seaweed extracts market driving factors are increasing demand for seaweed extracts in<br />
agriculture industries which helps in improving seed germination, resistance to pests such as aphids and red<br />
spider mite, coupled with high resistance to frost. <strong>Seaweed</strong> extracts when used with NPK (Nitrogen,<br />
phosphorus and potassium) fertilizers improves the effectiveness of fertilizers with providing low costeffectiveness.<br />
Increasing seaweed extracts in powder form in cosmetic products such as soaps, shampoo and<br />
creams is fueling growth of the seaweed extracts market. The liquid seaweed extracts production used in<br />
fertilizers and pesticides, along with increasing stress tolerance in plants is expected to significantly increase<br />
the growth of the global seaweed extracts market. Along with increasing usage of seaweed extracts in<br />
various industries, the global seaweed extracts market is expected to observe robust growth over the<br />
forecast period.<br />
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<strong>Seaweed</strong> <strong>Extracts</strong> <strong>Market</strong><br />
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Global <strong>Seaweed</strong> <strong>Extracts</strong> <strong>Market</strong>: Key Players<br />
Some of the key players identified across the value chain of the global seaweed extracts market include<br />
Aveeno Active Naturals, Arihant Bio Fertichem Pvt. Ltd., Suboneyo Chemicals Pharmaceuticals (p) Limited,<br />
INDIGROW LTD., Saosis Biotech Private Limited, AJ Products Pty Ltd, Chase Organics and Ocean Harvest<br />
Technology, Alga-Net and AlgAran <strong>Seaweed</strong> Products, Ireland. The companies are expected to expand their<br />
business by enhancing their product portfolio in global <strong>Seaweed</strong> <strong>Extracts</strong> market. The companies are<br />
projected to frame certain strategies in future in order to gain the competitive advantage in global seaweed<br />
extracts market till 2026.<br />
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