Commercial Seaweed Market Booming To Satisfy Food Industry Demand, says Market.us

Coastal communities have been using seaweed for thousands of years. But, the possibilities for seaweed’s use are endless with the development of new extraction techniques.

Seaweed extract is used in agriculture as a fertilizer to increase crop yield. Research has shown leaf seaweed extract can increase crop productivity in novel ways. As farmers become more aware of the benefits of seaweeds in crop productivity, they have seen improved root structures. Seaweeds can also improve soil microbiology, soil structure, and water retention. These factors will drive product demand over the forecast period.

According to the latest report by Market.us, “The global commercial seaweed market is expected to grow at a CAGR of roughly 2.4% over the next ten years and will reach USD 12.17 Bn in 2032, from USD 9.6 Bn in 2022.“

The fast-growing commercial seaweed market offers exciting growth opportunities for competitors. A recent report by Market.us highlights some key strategies companies can adopt to benefit from the latest industry trends.

The report highlights the key trends that will shape the commercial seaweed market going forward by giving information on the size of this fast-growing market development, drivers, trends, and which regions and segments are most important.

Anurag Sharma, a senior research analyst at Market.us, said, “Seaweed’s ability to add nutritional value to food products is driving up the demand from the global food industry. It was mainly consumed in Asia but is now used in food ingredients and fresh additions.”

Several seaweed-produced hydrocolloids can be used to improve the stability and thickness of food products. It can also be used to make gels and water-soluble films. The most popular macroalgae extracts are agar, alginate, and carrageenan. These are used in ice creams and jams, fruit juices, and bakery products as a thickening, gelling, stabilizing, and emulsifying agents.

Seaweed offers many health benefits. Because it is high in tyrosine, iodine, and other nutrients, seaweed has been shown to improve thyroid function. It’s rich in calcium, magnesium, folate, and Vitamins A, B, C, E, and K. Obesity is a serious health problem. It can lead to many chronic diseases. Seaweed is low in calories and high in fiber. It’s used to manage weight and prevent diabetes and CVDs.

Seaweed is in more demand because of its ability to increase the nutritional content of food products. For example, macroalgae are used in food ingredients or added to foods in the U.S., France, and Canada because of the large Asian population that has moved to these countries. It was previously primarily consumed in Asia. Several hydrocolloids are made from seaweed to increase the thickness and stability of food products.

It can also be used to make gels or films that are water-soluble. Alginate, alginate, and carrageenan are the most well-known macroalgal extracts. These extracts are used in various food products, including jam, fruit juice, ice cream, and bakery goods, as gelling, stabilizing, and emulsifying agents.

Over the past twenty years, indirect fuel sources have been explored in large-scale projects. It was planned to grow large amounts of seaweed in the ocean, then ferment this biomass to make methane gas to use as fuel. It was a long-term endeavor that required research and development.

Seaweed can be used in wastewater treatment. Some seaweeds can absorb heavy metal ions like zinc and cadmium from water that has been polluted. Fish farms often discharge a lot of wastewater that can pose a problem for aquatic life. Many of the waste materials from fish farms can be used by seaweeds as a nutrient. Therefore, trials have been conducted to grow seaweed near fish farms.