Seaweed belongs to a group of plant-like organisms that grow in the sea. It is a multi-purpose product widely used as food for both human and animals. Seaweed can be collected from the deep sea, and they are also increasingly cultivated across the coasts globally. There are three major types of seaweed based on the color, namely, brown, red, and green seaweed.

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Technavio’s analysts forecast the global seaweed market to grow at a CAGR of 10.28% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global seaweed market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas

Technavio’s report, Global Seaweed Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Cargill
• DuPont
• Groupe Roullier
• Irish Seaweeds
• Qingdao Gather Great Ocean Algae Industry Group (GGOG)

Other prominent vendors
• Annie Chun’s
• Chase Organics
• GimMe Health Foods
• Maine Coast Sea Vegetables
• Mara Seaweed
• Ocean Harvest Technology
• Seagreens
• SeaSnax
• Seasol
• This is Seaweed

Market driver
• Health benefits of seaweeds
• For a full, detailed list, view our report

Market challenge
• Health risks associated with the consumption of seaweeds
• For a full, detailed list, view our report

Market trend
• Seaweed as a paleo diet
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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Source: MarketWatch