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Expanding Cosmeceutical Use boosts Seaweed Extract Market

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Published on : Jan 07, 2020

ResearchMoz has announced the addition of a report titled, “Seaweed Extract Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029” to its expanding repository of research reports. The research report provides a top-level analysis of the global seaweed extract market examining vital market indicators and growth trends that are likely to influence the said market over the assessment period. It details out demand drivers, restraints, geographical distribution, and competitive landscape for valuable insights into the growth curve of seaweed extracts market over the forecast period.

The report is prepared after an extensive research phase followed by data scrutiny. Primary research phase involved email interactions and telephonic interviews. Secondary research phase involved tapping into proprietary databases, research publications, annual reports, and trade journals. 

For reading comprehensibility, the report composed of 268 pages is compiled in a chapter-wise format. The report comprises an exhaustive collection of graphs and charts for pictorial representation of trends and growth indices in the seaweed extract market over the forecast period. The report is divided into chapters with each chapter discussing a particular aspect of the market at length. 

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The report points out various factors favoring the growth of seaweed extract market. Firstly, worldwide, increasing practices of organic farming to serve rising demand for organic produce is serving to boost the seaweed extract market. To serve this, efforts for novel formulations of seaweed extract fertilizers is the focus of product manufacturers in the seaweed extract market. 

As per scientific research, seaweed extract fertilizers in liquid and powder serve as organic nutrition sources for almost all types of plants. Meanwhile rising demand for organic grains and cereals has catalyzed demand for nutrient-rich fertilizers. Agriculture farmers consider seaweed fertilizers superior than chemical fertilizers due to high levels of minerals, organic matter, and fatty acids that aid crop growth. 

Chemical fertilizers are generally associated with environmental degradation. Chemical fertilizers run off in the environment to cause harm to terrestrial and aquatic life. To prevent this, environmentalists are promoting the use of organic fertilizers of which seaweed extract fertilizer is a source. This indirectly benefits seaweed extract market

Seaweed extracts are increasingly used for everyday use personal care and cosmeceutical products. Primarily, seaweed extract is used to develop bioactive substances for cellulite loss. Cellulite loss though not a disease is a common cosmetic problem in most post-adolescent women. To address this, manufacturers of cosmeceutical products are using brown seaweed extract to create cosmetic formulations that help boost tissue metabolism and blood circulation. The formulation when applied helps to reduce cellulite in the area where it is applied.

The report provides in-depth analysis of competitive landscape in the seaweed extract market. It mentions and profiles key players in the seaweed extract market. Cargill Inc., DuPont de Nemours Inc., CP Kelco, Gelymar S.A., Compañía Española de Algas Marinas S.A., Arthur Branwell & Co Ltd, W. Hydrocolloids Inc., ALGAIA, KIMICA Corporation, , Irish Seaweed, Agarmex, New Zealand Manuka Group, Hispanagar, Industrias Rokos, S.A.., Marcel Trading Corporation, and TBK Manufacturing Corporation are key players operating in the seaweed extract market. 

The report studies the seaweed extract market on the basis of source, form, end-use, and region. In terms of source, red seaweed, green seaweed, and brown seaweed are key segments into which the seaweed extract market is divided. Each segment is analyzed as well as their market share projections over the forecast period provided herein.

By form, key segments into which the seaweed extract market is divided in this report are liquid, powder, and flakes. On the basis of end-use, food & beverages, agriculture products, animal feed additives, pharmaceuticals, cosmetics and personal care, and others are the segments into which the seaweed extract market is divided in this report.