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- Food Ingredients & Additives
- Kelp Market
Kelp Market
Kelp Market: Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025
Introduction
Kelp is a type of seaweed or algae that grow in shallow, nutrient-rich saltwater, and near coastal fronts. Kelp is found mainly in kelp forests and can grow up to half a meter a day, ultimately reaching heights of 30 to 80 meters. Kelp forests are described as one of the most ecologically productive and biologically diverse habitats globally. Kelp is also known as super food for its high nutrient content. Kelp is used on a large scale for human consumption due to their high nutritive value and usage of kelp in Chinese, Japanese, and Korean cuisines. The market for kelp is driven by increasing consumer focus on healthier lifestyle.
Kelp is a versatile product widely used as food for direct human consumption. It is also used as an ingredient for the global food and healthcare industries due to its anti-microbial and anti-inflammatory properties which provide health benefits to the people. Kelp is a rich source of iodine, potassium, magnesium, calcium, and iron as well as vitamins, amino acids, omega-3 fats, and fibers than other herbal supplements or a natural supplement like kale which is expected to increase the market for kelp.
Regional Outlook
Kelp market is segmented by regions into North America, Europe, Asia-Pacific, Latin America, and the Middle East and African region. With the increasing global awareness about the medicinal applications of kelp and increasing demand in the food industry is expected to drive kelp market. Asia-Pacific, Europe, and North America have a dominant share in kelp market. The growing application in a cosmetic and pharmaceutical industry have led to a growth of kelp market in these regions.
Market drivers:
Kelp provides a multitude of health benefits, as it is the rich source of vitamins, minerals, fiber which are anticipated to contribute to the growth of global kelp market over the coming years. Associated health benefits include improving metabolic function, boosts energy levels in the body, prevents hair loss, and bone development.
Kelp market is mainly driven by increasing application and usage in the food industry. Kelp is high in demand in Chinese and Japanese cuisine. The increasing travels of the consumers for business have led to rising in demand for kelp in world cuisines and hence growing application in the food industry is expected to fuel the market growth of kelp.
Increasing application of kelp in cosmetic and pharmaceutical industry is a new trend in kelp market. The harmful effects of excessive consumption of kelp is one of the restraining factors for health conscious consumers.
Key players
The key players in kelp market include Atlantic Holdfast Seaweed Company, Acadian SeaPlants Limited, Main Coast Sea Vegetables Inc, North America Kelp, Smart Organic AD, Seasol International Pty. Ltd, Cargill, Inc., E.I. Du Pont de Nemours and Company, Roullier Group, Biostadt India Limited (India), and Compo GmbH & Co. KG.
Most key participants have been exploring new regions through new product launches, mergers, and acquisitions globally. The kelp market has witnessed an increase in demand, especially from countries such as China, Japan, and Korea.
The report covers exhaustive analysis on:
- Global Kelp Market Segments
- Global Kelp Market Dynamics
- Historical Actual Market Size, 2014 - 2016
- Global Kelp Market Size & Forecast 2017 to 2027
- Supply & Demand Value Chain
- Global Kelp Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
- Global Tarragon Oil Market Drivers and Restraints
Regional analysis for Global Kelp Market includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina)
- Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
- Eastern Europe (Russia, Poland)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprints
