Commercial Seaweeds Market Size, Share and Geography Forecast till 2026Posted by Rushikesh Pise on December 3rd, 2019 Fortune Business Insights further states that the Commercial Seaweed Market will be valued at around US$ 21.75 Billion by exhibiting a CAGR of 8.42% in the forecast period. The Global Commercial Seaweed Market is likely to expand at an impressive rate due to advancements made in seaweed cultivation and harvesting in recent years. According to a report published by Fortune Business Insights, titled “Commercial Seaweed Market Size, Share and Global Trend by Product Type (Red Seaweed, Brown Seaweed, Green Seaweed), From (Flakes, Powder, Liquid), End User (Food and Beverage, Agricultural Fertilizer, Animal Feed Additives, Pharmaceuticals, Cosmetics and Personal Care) and Geography Forecast till 2025,” the market was valued at US$ 11.48 Billion in 2017. Browse Complete Report: https://www.fortunebusinessinsights.com/industry-reports/commercial-seaweed-market-100077 List of companies covered in the research report are;
China’s Largest Seaweed Producer, “Dalian Kowa Foods” Acquires Japan-based ‘Riken’ for US$ 15.9 Mn In April 2016, Dalian Kowa Foods acquired a Japanese food company ‘Riken’ for almost CNY 100 Mn which equals US$ 15.9 Mn. The company expressed it intentions to introduce value added seaweed inclusions in salads as well as meals. The company aims at maximizing the nutrient content of seaweeds. It also intends to set up a new unit to produce processed seaweeds for their use in a variety of foods. Given that the company has a wide end-user coverage, the progress made by this company is likely to have a positive impact on the global seaweed market. Like it? Share it! More by this author |