Asia Pacific Seaweed Derivatives Market Forecast to 2027 - Covid-19 Impact and Regional Analysis by Source (Red Seaweed, Brown Seaweed, and Green Seaweed); Form (Liquid, Powder, and Flakes); End Use (Food and Beverages, Agricultural Products, Animal Feed Additives, Pharmaceuticals, and Others); and Country

TIPRE00011570 | Pages: 126 | Food and Beverages | Jun 2020 | Type: Regional | Status: Published

Market Introduction

Seaweeds are red, brown, and green marine microalgae; their extracts are used in the horticultural crops owing to their plant growth promoting effects. The major derivatives of seaweeds include alginates, carrageenans, and agars, while their chemical derivatives include fatty acids and vitamins, mineral nutrients, phytoharmones, and complex polysaccharides, among others. Alginates are largely extracted from brown seaweeds, while carrageenans and agars are largely extracted from red seaweeds. Alginates, carrageenans, and agars are increasingly being used in food and beverages, animal feed, and agriculture industries, among others.


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Market Overview and Dynamics

The Asia PacificSeaweed Derivativesmarket is expected to reach US$ 2,209.61 Mn by 2027 from US$ 1,239.19 Mn in 2018; the market is anticipated to grow at a CAGR of 6.6% from 2019 to 2027.The rising demand from the food &beverages industry and health benefits of seaweeds and seaweed derivatives are among the key factors driving the market growth. However, the lack of consumer awareness regarding seaweed derivatives limits the market growth in the region.

Key Market Segments

In terms of source, the red seaweed segment accounted for the largest market share in the Asia Pacificseaweed derivatives market in 2018. In terms of form, the powder segment held the largest market share of the market by 2027. In 2018, the food and beverages segment held the most significant share of the Asia Pacific seaweed derivatives market, based on enduse.

Major Sources and Companies Listed

Several major primary and secondary sources associated with this report on the Europe seaweed derivatives market are W Hydrocolloids, Inc.; KIMICA Corporation; DuPont de Nemours, Inc.; Gelymar S.A.; CP Kelco;Algaia;Compañía Española de Algas Marinas, S.A.; Cargill, Incorporated; and Arthur Branwell & Co., among others.

Impact of COVID-19 Pandemic on Seaweed DerivativesMarket

The recent COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread worldwide at a fast pace. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The U.S has the highest number of confirmed cases of Covid-19, as, compared to Canada and Mexico. This has adversely affected the food & beverages industry in the region due to the supply chain disruptions.

Reasons to Buy Report

  • It provides understanding of the Asia Pacific seaweed derivatives market landscape and identifies market segments that are most likely to guarantee a strong return.
  • It guides stay ahead of the race by comprehending the ever-changing competitive landscape for the Asia Pacific seaweed derivatives market.
  • It helps efficiently plan merger and acquisition, and partnership deals in the Asia Pacific seaweed derivatives market by identifying market segments with the most promising probable sales
  • It facilitates knowledgeable business decision-making through perceptive and comprehensive analysis of market performance of various segments pertaining to the Asia Pacific seaweed derivatives market.

It provides market revenue forecast of the market based on various segments for the period from 2018 to 2027.ASIA PACIFICSEAWEED DERIVATIVES MARKET SEGMENTATION

By Source

  • Red Seaweed
  • Brown Seaweed
  • Green Seaweed

By Form

  • Liquid
  • Powder
  • Flakes

By End Use

  • Food and Beverages
  • Agricultural Products
  • Animal Feed Additives
  • Pharmaceuticals
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific

Company Profiles

  • W Hydrocolloids, Inc.
  • KIMICA Corporation
  • DuPont de Nemours, Inc.
  • Gelymar S.A.
  • CP Kelco
  • Algaia
  • Compañía Española de Algas Marinas, S.A.
  • Cargill, Incorporated
  • Arthur Branwell & Co.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Asia Pacific Seaweed Derivatives Market – By Source

1.3.2        Asia Pacific Seaweed Derivatives Market – By Form

1.3.3        Asia Pacific Seaweed Derivatives Market – By End-Use

1.3.4        Asia Pacific Seaweed Derivatives Market – By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Seaweed Derivatives Market Landscape

4.1         Market Overview

4.2         PEST Analysis – Asia Pacific

5.           Seaweed Derivatives Market – Key Industry Dynamics

5.1         Market Drivers

5.1.1        Rising Demand form Food and Beverage Industry

5.1.2        Health Benefits Offered By Seaweed and Seaweed Derivatives

5.2         Market Restraints

5.2.1        Lack of Consumer Awareness Related to Seaweed Derivatives

5.3         Market Opportunities

5.3.1        Surging Demand for Seaweed Derivatives in Cosmetic Industry

5.4         Future Trends

5.4.1        Emerging Applications of Seaweed derivative in Dentistry

5.5         Impact Analysis Of Drivers And Restraints

6.           Seaweed Derivatives – Asia Pacific Market Analysis

6.1         Asia Pacific Seaweed Derivatives Market Overview

6.2         Asia Pacific Seaweed Derivatives Market Forecast and Analysis

7.           Asia Pacific Seaweed Derivatives Market Analysis – By Source

7.1         Overview

7.2         Asia Pacific Seaweed Derivatives Market Breakdown, By Source, 2018 & 2027

7.3         Red Seaweed

7.3.1        Overview

7.3.2        Asia Pacific Red Seaweed Market Revenue Forecasts to 2027 (US$ Mn)

7.4         Brown Seaweed

7.4.1        Overview

7.4.2        Asia Pacific Brown Seaweed Market Revenue and Forecasts to 2027 (US$ Mn)

7.5         Green Seaweed

7.5.1        Overview

7.5.2        Asia Pacific Green Seaweed Market Revenue Forecasts to 2027 (US$ Mn)

8.           Asia Pacific Seaweed Derivatives Market Analysis –  By Form

8.1         Overview

8.2         Asia Pacific Seaweed Derivatives Market Breakdown, By Form, 2018 & 2027

8.3         Liquid

8.3.1        Overview

8.3.2        Asia Pacific Seaweed Derivatives: Liquid Market Revenue Forecasts to 2027 (US$ Mn)

8.4         Powder

8.4.1        Overview

8.4.2        Asia Pacific Seaweed Derivatives: Powder Market Revenue Forecasts to 2027 (US$ Mn)

8.5         Flakes

8.5.1        Overview

8.5.2        Seaweed Derivatives: Flakes Market, Revenue Forecast to 2027 (US$ Mn)

9.           Seaweed Derivatives Market Analysis – By End Use

9.1         Overview

9.2         Seaweed Derivatives Market, by End Use, (2018 & 2027)

9.3         Food and Beverages

9.3.1        Overview

9.3.2        Food and Beverages in Seaweed Derivatives Market, Revenue Forecast to 2027 (US$ Mn)

9.4         Agricultural Products

9.4.1        Overview

9.4.2        Agricultural Products in Seaweed Derivatives Market, Revenue and Forecast to 2027 (US$ Mn)

9.5         Animal Feed Additives

9.5.1        Overview

9.5.2        Animal Feed Additives in Seaweed Derivatives Market, Revenue and Forecast to 2027 (US$ Mn)

9.6         Pharmaceuticals

9.6.1        Overview

9.6.2        Pharmaceuticals in Seaweed Derivatives Market, Revenue and Forecast to 2027 (US$ Mn)

9.7         Others

9.7.1        Overview

9.7.2        Others in Seaweed Derivatives Market, Revenue and Forecast to 2027 (US$ Mn)

10.        Seaweed Derivatives Market – Country Analysis

10.1      Overview

10.1.1     Asia Pacific: Seaweed derivatives Market – Revenue and Forecast to 2027(US$ Mn)

10.1.2     APAC: Seaweed Derivatives Market, by Key Country

10.1.2.1       China: Seaweed Derivatives Market –Revenue and Forecast to 2027 (US$ Mn)

10.1.2.1.1       China: Seaweed Derivatives Market, by Source

10.1.2.1.2       China: Seaweed Derivatives Market, by Form

10.1.2.1.3       China: Seaweed Derivatives Market, by End-Use

10.1.2.2       India: Seaweed Derivatives Market –Revenue and Forecast to 2027 (US$ Mn)

10.1.2.2.1       India: Seaweed Derivatives Market, by Source

10.1.2.2.2       India: Seaweed Derivatives Market, by Form

10.1.2.2.3       India: Seaweed Derivatives Market, by End-Use

10.1.2.3       Japan: Seaweed Derivatives Market –Revenue and Forecast to 2027 (US$ Mn)

10.1.2.3.1       Japan: Seaweed Derivatives Market, by Source

10.1.2.3.2       Japan: Seaweed Derivatives Market, by Form

10.1.2.3.3       Japan: Seaweed Derivatives Market, by End-Use

10.1.2.4       South Korea: Seaweed Derivatives Market –Revenue and Forecast to 2027 (US$ Mn)

10.1.2.4.1       South Korea: Seaweed Derivatives Market, by Source

10.1.2.4.2       South Korea: Seaweed Derivatives Market, by Form

10.1.2.4.3       South Korea: Seaweed Derivatives Market, by End-Use

10.1.2.5       Rest of APAC: Seaweed Derivatives Market –Revenue and Forecast to 2027 (US$ Mn)

10.1.2.5.1       Rest of APAC: Seaweed Derivatives Market, by Source

10.1.2.5.2       Rest of APAC: Seaweed Derivatives Market, by Form

10.1.2.5.3       Rest of APAC: Seaweed Derivatives Market, by End-Use

11.        Overview- Impact of Covid-19 Outbreak

12.        Impact of COVID-19 Pandemic on Asia Pacific Seaweed Derivatives Market

12.1      Asia Pacific: Impact assessment of COVID-19 Pandemic

13.        Company Profiles

13.1      W Hydrocolloids, Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      KIMICA Corporation

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      DuPont de Nemours, Inc.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Gelymar S.A.

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products And Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      CP Kelco

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Algaia

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Compañía Española de Algas Marinas, S.A.

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Cargill, Incorporated

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      Arthur Branwell & Co.

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

14.        Appendix

14.1      About the Insight Partners

14.2      Glossary

LIST OF TABLES

Table 1.             Asia Pacific Seaweed Derivatives Market Revenue and Forecasts to 2027 (US$ Mn)

Table 2.             China Seaweed Derivatives Market, by Source – Revenue and Forecast to 2027 (USD Mn)

Table 3.             China Seaweed Derivatives Market, by Form – Revenue and Forecast to 2027 (USD Mn)

Table 4.             China Seaweed Derivatives Market, by End-Use – Revenue and Forecast to 2027 (USD Mn)

Table 5.             India Seaweed Derivatives Market, by Source – Revenue and Forecast to 2027 (USD Mn)

Table 6.             India Seaweed Derivatives Market, by Form – Revenue and Forecast to 2027 (USD Mn)

Table 7.             India Seaweed Derivatives Market, by End-Use – Revenue and Forecast to 2027 (USD Mn)

Table 8.             Japan Seaweed Derivatives Market, by Source – Revenue and Forecast to 2027 (USD Mn)

Table 9.             Japan Seaweed Derivatives Market, by Form – Revenue and Forecast to 2027 (USD Mn)

Table 10.          Japan Seaweed Derivatives Market, by End-Use – Revenue and Forecast to 2027 (USD Mn)

Table 11.          South Korea Seaweed Derivatives Market, by Source – Revenue and Forecast to 2027 (USD Mn)

Table 12.          South Korea Seaweed Derivatives Market, by Form – Revenue and Forecast to 2027 (USD Mn)

Table 13.          South Korea Seaweed Derivatives Market, by End-Use – Revenue and Forecast to 2027 (USD Mn)

Table 14.          Rest of APAC Seaweed Derivatives Market, by Source – Revenue and Forecast to 2027 (USD Mn)

Table 15.          Rest of APAC Seaweed Derivatives Market, by Form – Revenue and Forecast to 2027 (USD Mn)

Table 16.          Rest of APAC Seaweed Derivatives Market, by End-Use – Revenue and Forecast to 2027 (USD Mn)

Table 17.          Glossary of Terms, Seaweed Derivatives Market

 

LIST OF FIGURES

Figure 1.           Asia Pacific Seaweed Derivatives Market Segmentations

Figure 2.           Asia Pacific Seaweed Derivatives Market Segmentation – By Country

Figure 3.           Seaweed Derivatives Market Overview

Figure 4.           Red Seaweed Segment Held Largest Share of Asia Pacific Seaweed Derivatives Market

Figure 5.           China Held Largest Share of Asia Pacific Seaweed Derivatives Market

Figure 6.           Seaweed Derivatives Industry Landscape

Figure 7.           Asia Pacific PEST Analysis

Figure 8.           Seaweed Derivatives Market Impact Analysis Of Driver And Restraints

Figure 9.           Asia Pacific Seaweed Derivatives Market Forecast And Analysis, (US$ Mn)

Figure 10.        Asia Pacific Seaweed Derivatives Market Breakdown by Source, Value, 2018 & 2027 (%)

Figure 11.        Asia Pacific Red Seaweed Market Revenue Forecasts To 2027 (US$ Mn)

Figure 12.        Brown Seaweed Market Revenue Forecasts To 2027 (US$ Mn)

Figure 13.        Asia Pacific Green Seaweed Market Revenue Forecasts To 2027 (US$ Mn)

Figure 14.        Asia Pacific Seaweed Derivatives Market Breakdown by Form, Value, 2018 & 2027 (%)

Figure 15.        Asia Pacific Seaweed Derivatives: Liquid Market Revenue Forecasts To 2027 (US$ Mn)

Figure 16.        Asia Pacific Seaweed Derivatives: Powder Market Revenue Forecasts To 2027 (US$ Mn)

Figure 17.        Seaweed Derivatives: Flakes Market, Revenue Forecast, 2017–2027 (US$ Mn)

Figure 18.        Seaweed Derivatives Market Breakdown, by End Use, 2018 & 2027 (%)

Figure 19.        Food and Beverages in Seaweed Derivatives Market, Revenue and Forecast, 2017–2027 (US$ Mn)

Figure 20.        Agricultural Products in Seaweed Derivatives Market, Revenue and Forecast, 2017–2027 (US$ Mn)

Figure 21.        Animal Feed Additives in Seaweed Derivatives Market, Revenue and Forecast, 2017–2027 (US$ Mn)

Figure 22.        Pharmaceuticals in Seaweed Derivatives Market, Revenue and Forecast, 2017–2027 (US$ Mn)

Figure 23.        Others in Seaweed Derivatives Market, Revenue and Forecast, 2017–2027 (US$ Mn)

Figure 24.        APAC: Seaweed Derivatives Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 25.        APAC: Seaweed Derivatives Market Revenue Share, by Key Country (2018 and 2027)

Figure 26.        China: Seaweed Derivatives Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 27.        India: Seaweed Derivatives Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 28.        Japan: Seaweed Derivatives Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 29.        South Korea: Seaweed Derivatives Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 30.        Rest of APAC: Seaweed Derivatives Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 31.        Impact of COVID-19 Pandemic In Asia Pacific Country Markets

 

The List of Companies - Asia Pacific Seaweed Derivatives Market

  1. W Hydrocolloids, Inc.
  2. KIMICA Corporation
  3. DuPont de Nemours, Inc.
  4. Gelymar S.A.
  5. CP Kelco
  6. Algaia
  7. Compañía Española de Algas Marinas, S.A.
  8. Cargill, Incorporated
  9. Arthur Branwell & Co.
  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific seaweed derivatives market, thereby allowing players to develop effective long term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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