Commercial Seaweed Market is predicted to witness a massive growth Up to 2025

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Commercial Seaweed Market is expected to cross
USD 92 billion by 2025
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Key Insights from Commercial Seaweed Market

• Commercial Seaweed Market size is expected to
  cross USD 92 billion by 2025, according to
  research conducted by Global Market Insights,
  Inc.. Use of inappropriate fertilizers has
  declined the fertility of the soil, which has
  affected the sustainable agricultural practices
  over the recent years. Additionally, growing
  population has increased the demand of suitable
  fertilizers for food security in the near term.
  Moreover, global agriculture sector is facing a
  considerable threat of yielding more food in
  restricted cultivable lands, that meets the
  rising food demands and minimizes the harmful
  impacts on the environment. Sustainable
  agriculture practices require proper fertilizers
  which helps in the growth of agricultural
  productivity and with the increase in trend of
  sustainable and organic farming over the past few
  years will positively drive commercial seaweed as
  a key fertilizer in the sector.
• In 2013, Food and Agriculture Organization of
  United Nations illustrates the consumption of
  183.2 million tons in global fertilizer nutrient,
  which is likely to reach nearly 220.0 million
  tons by 2024, increasing with a rate of 1.7. The
  excessive use of various organic fertilizers will
  decrease the quality of soil, which may also
  affect agricultural production at times. These
  trends will boost the demand for commercial
  seaweed as ecofriendly fertilizers, that enhances
  the composition of soil, thereby assisting the
  production.

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Continued...

• Globally the market is categorized into five
  regions i.e., North America, Europe, Asia
  Pacific, Middle East Africa and Latin America.
  Among all, Europe market is anticipated to
  account for around USD 17 billion during the
  forecast spell. Owing to rising awareness and
  advantages of consuming seaweed, which has
  increase people to turn vegetarian. Additionally,
  migration of people from China, Japan and other
  demographics to Europe will further increase
  product demand in the region.
• Key players in the commercial seaweed market
  include Seasol International, CP Kelco, Indigrow
  Ltd., Chase Organics GB Ltd., Pacific Harvest,
  Yan Cheng Hairui Food Co., Ltd. And Mara Seaweed.
  Commercial seaweed market research report
  includes in-depth coverage of the industry with
  estimates forecast in terms of volume in tons
  and revenue in USD million from 2014 to 2025.
  Moreover, the product is also used as staple food
  item in Japan, China, and Korea since ancient
  times. Seaweeds are used as food in far East
  regions, Australia and Hawaii.

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U.S. Commercial Seaweed Market Size, By End-Use,
2014 - 2025 (USD Million)

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