The Latin America, Middle East and Africa Commercial Seaweed Market would witness market growth of 13.8% CAGR during the forecast period (2021-2027).
The increasing popularity and the accessibility of sushi in western nations are also driving the market. Sushi rolls have gained a lot of attraction in various countries, as an international food item, which is made up of seaweed sheets. Additionally, the increasing number of products introduced by using the various flavors and consisting of seeds & nuts are estimated to further propel the demand for seaweed across the market.
Due to the inclusion of minerals such as high iodine, calcium, magnesium, iron, vitamins, antioxidants, and fiber, seaweeds are commonly recognized as a healthy food. Seaweeds are used in a variety of processed food products, including sausages, bread, creams, cheese, dairy drinks, and chocolates, as a thickening and gelling agent. In addition, the increasing demand for healthy food additives would increase the demand for seaweed across the market.
According to the National Library of Medicine, Cancer has a high prevalence in Africa and is one of the major causes of death across this country. In addition, according to the data shared by the Frontiers of Oncology, In Northern Africa and central Africa, the cases of cancer have been doubled between 2002 and 2018. In Northern Africa, cases were recorded 8.85/100,00 in 2018, while in central Africa, cases were recorded 6.35/100,000 in the same year. Moreover, this number is expected to increase in the future.
Additionally, seaweed comprises the ability to prevent the occurrence of cancer in the human body. According to the National Library of Medicines, various studies have found that seaweeds can function as anti-cancer agents. Further, numerous seaweed-derived substances can be effective through multiple mechanisms such as the inhibition of cancer cell growth, invasiveness and metastasis as well as by the induction of apoptosis in cancer cells.
The Brazil market dominated the LAMEA Commercial Seaweed Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $247.6 million by 2027. The Argentina market is expected to grow at a CAGR of 14.4% during (2021 - 2027). Additionally, The UAE market would experience a CAGR of 13.5% during (2021 - 2027).
Based on Product, the market is segmented into Red Seaweed, Brown Seaweed, and Green Seaweed. Based on Application, the market is segmented into Human Consumption, Agriculture Animal Feed, and Others. Based on Form, the market is segmented into Liquid, Powdered, and Flakes. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Commercial Seaweed Market is Predict to reach $31 Billion by 2027, at a CAGR of 10.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include DuPont de Nemours, Inc., Groupe Roullier, Brandt, Inc., Acadian Seaplants Limited, Indigrow Ltd., COMPO Group, Seasol International Pty Ltd., Gelymar SA (Algina Inversiones SA), Cargill Corporation, and Biostadt India Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Red Seaweed
- Brown Seaweed
- Green Seaweed
By Application
- Human Consumption
- Agriculture
- Animal Feed
- Others
By Form
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- DuPont de Nemours, Inc.
- Groupe Roullier
- Brandt, Inc.
- Acadian Seaplants Limited
- Indigrow Ltd.
- COMPO Group
- Seasol International Pty Ltd.
- Gelymar SA (Algina Inversiones SA)
- Cargill Corporation
- Biostadt India Ltd.
TABLE 1 LAMEA Commercial Seaweed Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Commercial Seaweed Market, 2021 - 2027, USD Million
TABLE 3 LAMEA Commercial Seaweed Market by Product, 2017 - 2020, USD Million
TABLE 4 LAMEA Commercial Seaweed Market by Product, 2021 - 2027, USD Million
TABLE 5 LAMEA Red Seaweed Market by Country, 2017 - 2020, USD Million
TABLE 6 LAMEA Red Seaweed Market by Country, 2021 - 2027, USD Million
TABLE 7 LAMEA Brown Seaweed Market by Country, 2017 - 2020, USD Million
TABLE 8 LAMEA Brown Seaweed Market by Country, 2021 - 2027, USD Million
TABLE 9 LAMEA Green Seaweed Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Green Seaweed Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Commercial Seaweed Market by Application, 2017 - 2020, USD Million
TABLE 12 LAMEA Commercial Seaweed Market by Application, 2021 - 2027, USD Million
TABLE 13 LAMEA Human Consumption Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Human Consumption Market by Country, 2021 - 2027, USD Million
TABLE 15 LAMEA Agriculture Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Agriculture Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Animal Feed Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Animal Feed Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Commercial Seaweed Market by Form, 2017 - 2020, USD Million
TABLE 22 LAMEA Commercial Seaweed Market by Form, 2021 - 2027, USD Million
TABLE 23 LAMEA Liquid Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Liquid Market by Country, 2021 - 2027, USD Million
TABLE 25 LAMEA Powdered Market by Country, 2017 - 2020, USD Million
TABLE 26 LAMEA Powdered Market by Country, 2021 - 2027, USD Million
TABLE 27 LAMEA Flakes Market by Country, 2017 - 2020, USD Million
TABLE 28 LAMEA Flakes Market by Country, 2021 - 2027, USD Million
TABLE 29 LAMEA Commercial Seaweed Market by Country, 2017 - 2020, USD Million
TABLE 30 LAMEA Commercial Seaweed Market by Country, 2021 - 2027, USD Million
TABLE 31 Brazil Commercial Seaweed Market, 2017 - 2020, USD Million
TABLE 32 Brazil Commercial Seaweed Market, 2021 - 2027, USD Million
TABLE 33 Brazil Commercial Seaweed Market by Product, 2017 - 2020, USD Million
TABLE 34 Brazil Commercial Seaweed Market by Product, 2021 - 2027, USD Million
TABLE 35 Brazil Commercial Seaweed Market by Application, 2017 - 2020, USD Million
TABLE 36 Brazil Commercial Seaweed Market by Application, 2021 - 2027, USD Million
TABLE 37 Brazil Commercial Seaweed Market by Form, 2017 - 2020, USD Million
TABLE 38 Brazil Commercial Seaweed Market by Form, 2021 - 2027, USD Million
TABLE 39 Argentina Commercial Seaweed Market, 2017 - 2020, USD Million
TABLE 40 Argentina Commercial Seaweed Market, 2021 - 2027, USD Million
TABLE 41 Argentina Commercial Seaweed Market by Product, 2017 - 2020, USD Million
TABLE 42 Argentina Commercial Seaweed Market by Product, 2021 - 2027, USD Million
TABLE 43 Argentina Commercial Seaweed Market by Application, 2017 - 2020, USD Million
TABLE 44 Argentina Commercial Seaweed Market by Application, 2021 - 2027, USD Million
TABLE 45 Argentina Commercial Seaweed Market by Form, 2017 - 2020, USD Million
TABLE 46 Argentina Commercial Seaweed Market by Form, 2021 - 2027, USD Million
TABLE 47 UAE Commercial Seaweed Market, 2017 - 2020, USD Million
TABLE 48 UAE Commercial Seaweed Market, 2021 - 2027, USD Million
TABLE 49 UAE Commercial Seaweed Market by Product, 2017 - 2020, USD Million
TABLE 50 UAE Commercial Seaweed Market by Product, 2021 - 2027, USD Million
TABLE 51 UAE Commercial Seaweed Market by Application, 2017 - 2020, USD Million
TABLE 52 UAE Commercial Seaweed Market by Application, 2021 - 2027, USD Million
TABLE 53 UAE Commercial Seaweed Market by Form, 2017 - 2020, USD Million
TABLE 54 UAE Commercial Seaweed Market by Form, 2021 - 2027, USD Million
TABLE 55 Saudi Arabia Commercial Seaweed Market, 2017 - 2020, USD Million
TABLE 56 Saudi Arabia Commercial Seaweed Market, 2021 - 2027, USD Million
TABLE 57 Saudi Arabia Commercial Seaweed Market by Product, 2017 - 2020, USD Million
TABLE 58 Saudi Arabia Commercial Seaweed Market by Product, 2021 - 2027, USD Million
TABLE 59 Saudi Arabia Commercial Seaweed Market by Application, 2017 - 2020, USD Million
TABLE 60 Saudi Arabia Commercial Seaweed Market by Application, 2021 - 2027, USD Million
TABLE 61 Saudi Arabia Commercial Seaweed Market by Form, 2017 - 2020, USD Million
TABLE 62 Saudi Arabia Commercial Seaweed Market by Form, 2021 - 2027, USD Million
TABLE 63 South Africa Commercial Seaweed Market, 2017 - 2020, USD Million
TABLE 64 South Africa Commercial Seaweed Market, 2021 - 2027, USD Million
TABLE 65 South Africa Commercial Seaweed Market by Product, 2017 - 2020, USD Million
TABLE 66 South Africa Commercial Seaweed Market by Product, 2021 - 2027, USD Million
TABLE 67 South Africa Commercial Seaweed Market by Application, 2017 - 2020, USD Million
TABLE 68 South Africa Commercial Seaweed Market by Application, 2021 - 2027, USD Million
TABLE 69 South Africa Commercial Seaweed Market by Form, 2017 - 2020, USD Million
TABLE 70 South Africa Commercial Seaweed Market by Form, 2021 - 2027, USD Million
TABLE 71 Nigeria Commercial Seaweed Market, 2017 - 2020, USD Million
TABLE 72 Nigeria Commercial Seaweed Market, 2021 - 2027, USD Million
TABLE 73 Nigeria Commercial Seaweed Market by Product, 2017 - 2020, USD Million
TABLE 74 Nigeria Commercial Seaweed Market by Product, 2021 - 2027, USD Million
TABLE 75 Nigeria Commercial Seaweed Market by Application, 2017 - 2020, USD Million
TABLE 76 Nigeria Commercial Seaweed Market by Application, 2021 - 2027, USD Million
TABLE 77 Nigeria Commercial Seaweed Market by Form, 2017 - 2020, USD Million
TABLE 78 Nigeria Commercial Seaweed Market by Form, 2021 - 2027, USD Million
TABLE 79 Rest of LAMEA Commercial Seaweed Market, 2017 - 2020, USD Million
TABLE 80 Rest of LAMEA Commercial Seaweed Market, 2021 - 2027, USD Million
TABLE 81 Rest of LAMEA Commercial Seaweed Market by Product, 2017 - 2020, USD Million
TABLE 82 Rest of LAMEA Commercial Seaweed Market by Product, 2021 - 2027, USD Million
TABLE 83 Rest of LAMEA Commercial Seaweed Market by Application, 2017 - 2020, USD Million
TABLE 84 Rest of LAMEA Commercial Seaweed Market by Application, 2021 - 2027, USD Million
TABLE 85 Rest of LAMEA Commercial Seaweed Market by Form, 2017 - 2020, USD Million
TABLE 86 Rest of LAMEA Commercial Seaweed Market by Form, 2021 - 2027, USD Million
TABLE 87 Key Information –DuPont de Nemours, Inc.
TABLE 88 key information – Groupe Roullier
TABLE 89 Key Information – Brandt, Inc.
TABLE 90 Key Information – Acadian Seaplants Limited
TABLE 91 Key Information – Indigrow Ltd.
TABLE 92 Key information – COMPO Group
TABLE 93 key information – Seasol International Pty Ltd.
TABLE 94 Key Information – Gelymar SA
TABLE 95 Key Information – Cargill Corporation
TABLE 96 Key Information – Biostadt India Ltd.
List of Figures
FIG 1 Methodology for the research