Market Overview:
The global seaweed derived mineral market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for seaweed derived minerals from various end-use industries, such as fertilizers, food and beverage industry, meat processing industry, and others. In addition, the growing awareness about the benefits of using seaweedderived minerals is also contributing to the growth of this market. On the basis of type, liquid accounted for a major share of the global seaweedderived mineral market in 2017. This segment is projected to grow at a CAGR of 6% duringthe forecast period from 2018to 2030.
Product Definition:
A mineral that is derived from seaweed. Seaweed-derived minerals are important because they are a natural source of minerals, which are essential for human health.
Liquid:
Liquid is a by-product obtained during the production of seaweed. Seaweed is used to produce alginate, which is further processed to obtain gum and liquid. Gum has several applications in end-use industries such as food & beverages, pharmaceuticals, textiles and paper manufacturing among others whereas liquid finds application in paints & coatings, adhesives and construction among other industries.
Powder:
Powder is a suspension of solid particles in a liquid carrier. The most commonly used carriers are water and oil. Seaweed powder has been widely used as an alternative to traditional fertilizers on account of its high content of essential nutrients, such as nitrogen, phosphorous & potassium along with other macro & micro minerals like iron, calcium & magnesium which are essential for plant growth.
Application Insights:
Seaweed derived minerals have various applications including food and beverage industry, meat processing industry, fertilizers and others. Among all applications, food and beverage industry accounted for the highest market share in 2017 owing to rising consumption of seaweed-based products such as kombu tea and nori sheets for the production of foods like miso soup, vinegar rice cakes with vegetables & meats or on their own as a healthy snack.
The growing popularity of these products among health-conscious consumers is expected to drive demand over the forecast period. In addition to this application segment, seaweed derived minerals are also used in several niche markets including cosmetics where it is utilized as an astringent agent or natural skin cleanser under the brand name ¢â‚¬Ëœseaweed extract¢â‚¬â„¢.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of global production and consumption of seaweed-derived minerals. China, Korea, Japan, Taiwan, Philippines and Indonesia are some of the major consumers in this region.
North America accounted for more than 10% share in 2017 owing to high consumption levels by U.S., Canada and Mexico on account of presence of a large number feed additives manufacturing companies along with strong foothold by processed food manufacturers including frozen foods producers such as Tyson Foods Inc.; JBF Holdings; Cargill Inc.; National Foods; Kellogg Co.
Growth Factors:
- Increasing demand for seaweed derived mineral from the food and beverage industry as a natural preservative and flavor enhancer.
- Rising awareness about the health benefits of seaweed derived minerals among consumers, which is expected to boost demand over the next few years.
- Growing popularity of seaweed based supplements and cosmetics due to their anti-aging properties is likely to propel market growth in the near future.
- Rapid expansion of end-use industries such as textiles, pharmaceuticals, agriculture etc., in developing countries is anticipated to create new opportunities for market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Seaweed Derived Mineral Market Research Report
By Type
Liquid, Powder, Granule
By Application
Fertilizers, Food and Beverage Industry, Meat Processing Industry, Others
By Companies
Marigot, Alesco, Celtic Minerals, Humates And Seaweeds, BioFlora, Sar Agrochemicals & Fertilizers, HMHS Solutions
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Seaweed Derived Mineral Market Report Segments:
The global Seaweed Derived Mineral market is segmented on the basis of:
Types
Liquid, Powder, Granule
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
Fertilizers, Food and Beverage Industry, Meat Processing 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:
- Marigot
- Alesco
- Celtic Minerals
- Humates And Seaweeds
- BioFlora
- Sar Agrochemicals & Fertilizers
- HMHS Solutions
Highlights of The Seaweed Derived Mineral 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
- Granule
- By Application:
- Fertilizers
- Food and Beverage Industry
- Meat Processing 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 Seaweed Derived Mineral 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?
Seaweed derived minerals are those that are extracted from seaweed. These minerals can be used in cosmetics, body care products, and other consumer goods.
Some of the major companies in the seaweed derived mineral market are Marigot, Alesco, Celtic Minerals, Humates And Seaweeds, BioFlora, Sar Agrochemicals & Fertilizers, HMHS Solutions.
The seaweed derived mineral market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Seaweed Derived Mineral 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 Seaweed Derived Mineral Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Seaweed Derived Mineral 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 Seaweed Derived Mineral 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 Seaweed Derived Mineral Market Size & Forecast, 2020-2028
4.5.1 Seaweed Derived Mineral Market Size and Y-o-Y Growth
4.5.2 Seaweed Derived Mineral 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 Granule
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 Fertilizers
6.2.2 Food and Beverage Industry
6.2.3 Meat Processing Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Seaweed Derived Mineral 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 Seaweed Derived Mineral 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 Granule
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 Fertilizers
9.10.2 Food and Beverage Industry
9.10.3 Meat Processing 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 Granule
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 Fertilizers
10.10.2 Food and Beverage Industry
10.10.3 Meat Processing 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 Granule
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 Fertilizers
11.10.2 Food and Beverage Industry
11.10.3 Meat Processing 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 Granule
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 Fertilizers
12.10.2 Food and Beverage Industry
12.10.3 Meat Processing 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 Granule
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 Fertilizers
13.10.2 Food and Beverage Industry
13.10.3 Meat Processing 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 Seaweed Derived Mineral Market: Competitive Dashboard
14.2 Global Seaweed Derived Mineral Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Marigot
14.3.2 Alesco
14.3.3 Celtic Minerals
14.3.4 Humates And Seaweeds
14.3.5 BioFlora
14.3.6 Sar Agrochemicals & Fertilizers
14.3.7 HMHS Solutions
