Seaweed Extracts Market growth outlook with industry review and forecasts

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Seaweed Extracts Market Share, Growth, Analysis,
Statistics, Trends, Forecast Report, 2024
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Regional Analysis of Seaweed Extracts Market

• Asia Pacific has major share in seaweed extracts
  market owing to its use in agriculture and
  horticulture. Countries such as India has
  agriculture based economy that increases the use
  of product. It is used for vegetables, fruits and
  flower crops that result in higher yield. It
  increases internal resistance of plants towards
  pests.
• North America led by US has substantial share in
  seaweed extracts market with its use in food
  industry and ongoing research and development
  activities in organic and herbal products. With
  their use in cosmetic products including, shower
  baths have spurred the product demand. Further
  their demand in Europe has increased for food as
  they have high nutrition and protein content.
  Growing awareness about the beneficial properties
  of product in medical segment has resulted in
  substantial growth in Middle East Africa.

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• Application Analysis of Seaweed Extracts Market
• The product is available in different forms that
  includes, green, brown and red. Red type has
  larger share with its application in food
  industry due to increased demand for carrageenan
  and algae. With higher use of brown type in
  animal feed industry and fertilizers due to its
  ease of availability, its share is expected to
  increase. Further, increase in population and
  limited availability of fertile land has boosted
  the use of fertilizers to improve output that
  will drive seaweed extracts market.
• Seaweed extracts are used in several industries
  including, agriculture, food, cosmetics and
  pharmaceuticals. Agriculture has significant
  share owing to its use in horticulture,
  pesticides and fertilizers. Food has significant
  share with its use in snacks. These are used as
  thickening and gelling agent in food industry. It
  helps in improving digestion, lowering
  cholesterol levels and weight loss that makes it
  an effective commercial dietary food.

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Competitive Market Share of Seaweed Extracts
Market

• Seaweed extracts market is moderately fragmented
  with presence of many regional and global
  players. Major players of seaweed extracts market
  are Arihant Bio Fertichem, Aveeno Active
  Naturals, Suboneyo Chemicals Pharmaceuticals, AJ
  Products, Saosis Biotech, Indigrow, Ocean
  Harvest, Chase Organics and Alganet to name a few.

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