Brown Commercial Seaweed Market Trends & Forecast, 2024–2032

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Brown Commercial Seaweed Market Cross 36 Bn by
2032
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Overview of Brown Commercial Seaweed Market

• Global Brown Commercial Seaweed Market is set to
  witness noticeable gains between 2023 and 2032,
  primarily owing to the availability of small and
  medium seaweed processing units in European
  countries, such as Spain, Ireland, and France.
  Besides, the demand for nutritious food items is
  also increasing drastically in the Middle East
  and Africa region, which will bolster the market
  demand in the next ten years.
• On the basis of the form, the market is likely to
  be characterized by the wet segment, which will
  gain significant traction through 2023-2032.
  Since seaweeds contain ample trace elements, such
  as cadmium, manganese, cobalt, zinc, copper, and
  iron, they are a perfect solution for a range of
  end-use applications. Besides, seaweed is widely
  consumed in a variety of delicacies such as
  soups, sushi rolls, salads, stews, and smoothies
  in a number of Asian countries, including South
  Korea, China, and Japan, which will also foster
  market demand through 2032. According to reliable
  statistics, the consumption of Sushi has
  increased by up to 50 in India. Such an
  unprecedented surge in the consumption of Sushi
  is bound to bolster the demand for brown
  commercial seaweeds.

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• Overall, the brown commercial seaweed market has
  been segmented in terms of form, end-use, and
  region.
• In the context of end-use, the animal feed market
  is set to be valued at more than USD 755 million
  by 2032. Seaweed is being increasingly used in
  animal feed, as it is a reliable source of
  essential vitamins and minerals, and trace
  elements, that maintain the level of
  micronutrients and develops resistance to various
  ailments. Besides, seaweeds also reduce the cases
  of mastitis and cow fever, in addition to
  improving fat levels and iodine content in cattle
  milk, which will also add impetus to the product
  demand.
• Additionally, research studies also depict that
  including seaweed in cattle feed can
  substantially reduce methane emissions by 82.
  Hence, increasing concern about the environment
  will also drive the inclusion of seaweed in
  cattle feed, which will also add fuel to the
  market.

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• In the regional context, the Europe brown
  commercial seaweed market is anticipated to grow
  at more than 8 CAGR through 2032. The regional
  market growth can be accredited to the presence
  of small and medium seaweed processing firms in
  some countries. Besides, the increasing
  consumption of nutritious and healthy sea foods
  will also bolster the market scenario over the
  next ten years. As per sources, consumption of
  seafood is relatively higher in Iceland,
  accounting for more than 92 kg of seafood
  consumed person per year.
• Notable participants in the Brown Commercial
  Seaweed market include Marcel Carrageenan, CP
  Kelco, Biostadt India Limited, Pacific Harvest,
  Acadian Seaplants Ltd., Aquatic Chemicals, Chase
  Organics GB Limited, Seaweed Energy Solutions AS,
  and Seasol International.

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