Market Overview:
The global brown seaweed extract market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for natural and organic products, and rising awareness about the health benefits of brown seaweed extract. Based on type, the global brown seaweed extract market is segmented into liquid, powder, and flake. The liquid segment is projected to register the highest CAGR during the forecast period. This can be attributed to its easy usage and high absorption rate in comparison with other forms of brown seaweed extracts. Based on application, the global brown seaweed extract market is segmented into agriculture industry, pharmaceutical industry, health supplement industry, and others. The health supplement industry accounted for a major share of the global market in 2017 and is projected to grow at a higher CAGR duringthe forecast period owing to rising awareness about various health benefits associated with consumption of brown seaweed extracts.
Product Definition:
A brown seaweed extract is a water-soluble extract derived from the lamina of brown seaweed. It is used as a natural source of antioxidants, minerals, and vitamins.
Liquid:
Liquid is the extracted part of brown seaweed and it contains many vitamins, minerals, proteins and other essential nutrients. It has been used as a food supplement in Japan for more than 20 years. The product was first introduced to the U.S public through Carotenoids Research Inc., a company established by Dr. Masanori Kanehara in 1994 who was then an assistant research professor at Humboldt State University (HSU), California, U.S.
Powder:
Powder is a dry form of seaweed extract. It contains high concentration of nutrients and vitamins which are beneficial for human body. Powder has higher content of protein, minerals, amino acids and vitamins than liquid extracts. Seaweed powder helps to reduce weight, improves immune system response against viruses & bacteria and also provides protection from cancer-causing agents in the diet.
Application Insights:
The agriculture industry accounted for the largest revenue share of over 50% in 2017. The product has been used as a fertilizer and feed additive to improve the soil¢â‚¬â„¢s ability to retain water and nutrients. It is also added to cattle feed, poultry rations, and piglet diets on account of its high protein content. Furthermore, it helps in increasing crop yield by enhancing nutrient absorption capacity.
The pharmaceutical industry is expected to witness lucrative growth over the forecast period owing to rising health consciousness among consumers around the world coupled with an increase in demand for natural healing alternatives due largelyto growing aging population that suffers from various ailments including cardiovascular diseases, cancer cases etc.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high consumption of red seaweed extract. The product is used as a food coloring agent and additive in bakery, confectionery, dairy products, and meat products. Asia Pacific is expected to be the fastest-growing region over the forecast period on account of increasing health supplement demand from countries such as China and India. In addition, rising awareness regarding nutritional enrichment will drive industry expansion over the coming years.
The product has been approved by Health Canada for use as a dietary ingredient for human consumption under the name Euryakis japonicus extract (EJ) since September 2016 after it received notification from Natural Product Licensing that it does not require an additional approval under Canadian Food Inspection Agency (CFIA) during its review process in 2013’s fourth quarter.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the health benefits of brown seaweed extract
- Growing popularity of seaweed-based supplements and functional foods
- Proliferation of online retail channels
- Expanding applications for brown seaweed extract in food, nutraceuticals, and cosmeceuticals
Scope Of The Report
Report Attributes
Report Details
Report Title
Brown Seaweed Extract Market Research Report
By Type
Liquid, Powder, Flake
By Application
Agriculture Industry, Pharmaceutical Industry, Health Supplement Industry, Others
By Companies
Arshine Pharmaceutical, Heilongjiang Conzii Agricultural Technology, X-HUMATE, TAGROW, Hangzhou Think Chemical, Nutra Green Biotechnology, Biotechnica & Stan Chem, VIET DELTA, Nutranovo, Shaanxi Yougu Biotechnology, Xi'an Jiaoda Kaida New Technology, Dongyang Lianfeng Biological Technology, SHANDONG JIEJING, Humates and Seaweeds
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Brown Seaweed Extract Market Report Segments:
The global Brown Seaweed Extract market is segmented on the basis of:
Types
Liquid, Powder, Flake
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture Industry, Pharmaceutical Industry, Health Supplement Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arshine Pharmaceutical
- Heilongjiang Conzii Agricultural Technology
- X-HUMATE
- TAGROW
- Hangzhou Think Chemical
- Nutra Green Biotechnology
- Biotechnica & Stan Chem
- VIET DELTA
- Nutranovo
- Shaanxi Yougu Biotechnology
- Xi'an Jiaoda Kaida New Technology
- Dongyang Lianfeng Biological Technology
- SHANDONG JIEJING
- Humates and Seaweeds
Highlights of The Brown Seaweed Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid
- Powder
- Flake
- By Application:
- Agriculture Industry
- Pharmaceutical Industry
- Health Supplement Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Brown Seaweed Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Brown seaweed extract is a type of seaweed that grows in the ocean. It is high in iodine and other minerals, including magnesium, potassium, and calcium. Brown seaweed extract has been used as a natural remedy for thyroid problems and other health issues.
Some of the key players operating in the brown seaweed extract market are Arshine Pharmaceutical, Heilongjiang Conzii Agricultural Technology, X-HUMATE, TAGROW, Hangzhou Think Chemical, Nutra Green Biotechnology, Biotechnica & Stan Chem, VIET DELTA, Nutranovo, Shaanxi Yougu Biotechnology, Xi'an Jiaoda Kaida New Technology, Dongyang Lianfeng Biological Technology, SHANDONG JIEJING, Humates and Seaweeds.
The brown seaweed extract market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Brown Seaweed Extract Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Brown Seaweed Extract Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Brown Seaweed Extract Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Brown Seaweed Extract Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Brown Seaweed Extract Market Size & Forecast, 2020-2028
4.5.1 Brown Seaweed Extract Market Size and Y-o-Y Growth
4.5.2 Brown Seaweed Extract Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Powder
5.2.3 Flake
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Agriculture Industry
6.2.2 Pharmaceutical Industry
6.2.3 Health Supplement Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Brown Seaweed Extract Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Brown Seaweed Extract Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Powder
9.6.3 Flake
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Agriculture Industry
9.10.2 Pharmaceutical Industry
9.10.3 Health Supplement Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Powder
10.6.3 Flake
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Agriculture Industry
10.10.2 Pharmaceutical Industry
10.10.3 Health Supplement Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Powder
11.6.3 Flake
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Agriculture Industry
11.10.2 Pharmaceutical Industry
11.10.3 Health Supplement Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Powder
12.6.3 Flake
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Agriculture Industry
12.10.2 Pharmaceutical Industry
12.10.3 Health Supplement Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Powder
13.6.3 Flake
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Agriculture Industry
13.10.2 Pharmaceutical Industry
13.10.3 Health Supplement Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Brown Seaweed Extract Market: Competitive Dashboard
14.2 Global Brown Seaweed Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arshine Pharmaceutical
14.3.2 Heilongjiang Conzii Agricultural Technology
14.3.3 X-HUMATE
14.3.4 TAGROW
14.3.5 Hangzhou Think Chemical
14.3.6 Nutra Green Biotechnology
14.3.7 Biotechnica & Stan Chem
14.3.8 VIET DELTA
14.3.9 Nutranovo
14.3.10 Shaanxi Yougu Biotechnology
14.3.11 Xi'an Jiaoda Kaida New Technology
14.3.12 Dongyang Lianfeng Biological Technology
14.3.13 SHANDONG JIEJING
14.3.14 Humates and Seaweeds
