New Product Development
The global seaweeds market is projected to be valued at USD 7.79 billion in 2023. A CAGR of 9.7% is anticipated for the seaweeds market between 2023 and 2033, bringing the market value to USD 19.66 billion by 2033. In food, animal feed, pharmaceutical, and other industries, the use of hydrocolloids such as carrageenan, alginate, and agar …
Continue reading “Global Seaweeds Market Forecasted to Hit USD 19.66 Billion by 2033”
The global seaweeds market is riding a wave of growth, anticipating a valuation of US$ 7.79 billion in 2023 and poised to reach an impressive US$ 19.66 billion by 2033, exhibiting a substantial CAGR of 9.7% during the period. Seaweeds, a type of macroalgae, have witnessed significant demand across diverse industries, including food, animal feed, and pharmaceuticals. With distinct types like red seaweed, …
