Macroalgae Market Poised to Reach US$ 18.3 Billion by 2033 with 7.8% CAGR, Driven by Growing Demand for High-nutritional Food Products

According to Future Market Insights (FMI), the worldwide Macroalgae market is valued at US$ 9,302.6 million in 2023 and it is anticipated to reach US$ 18,305.1 million by 2033. Over the next decade, global Macroalgae demand is likely to increase at a CAGR of 7.8%. Macroalgae or seaweed refers to large, multicellular species of algae. They have gained wider traction amongst consumers due …

Macroalgae Market Onset Of Advanced Technologies To Upsurge The Growth

According to Future Market Insights (FMI), the worldwide Macroalgae market is valued at US$ 9,302.6 million in 2023 and it is anticipated to reach US$ 18,305.1 million by 2033. Over the next decade, global Macroalgae demand is likely to increase at a CAGR of 7.8%. In the colorful world of macroalgae, the shades of red, green, and brown set the tone for a …