Commercial Seaweeds Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031

Description

The global commercial seaweed market is experiencing rapid expansion, fueled by its wide-ranging applications across various industries. Recognized for its vibrant colors-red, brown, and green-seaweed has a rich history as a staple food source for many coastal communities worldwide. Its diverse forms, from delicate finger-like structures to broad leaves and spherical shapes, highlight its versatility and significance.

This report offers a thorough analysis of the commercial seaweed market, emphasizing growth potential, emerging trends, and the competitive landscape. With over 221 identified species, the market primarily concentrates on red and brown seaweeds. Key derivatives such as carrageenan, agar-agar, and alginate are vital across numerous industries, particularly food and beverages, pharmaceuticals, and cosmetics.

Market Insights

Commercial seaweed can be classified according to several parameters:

Sources: The primary sources include red seaweed, brown seaweed, and green seaweed.
Forms: It is available in various forms, such as powder, liquid, and flakes.
End Uses: Applications span food and beverages, agricultural products, animal feed additives, pharmaceuticals, and more.

The increasing recognition of seaweed's nutritional and health benefits is driving market growth and fostering opportunities for innovation and new product development.

Key Drivers of Market Growth

Rise in Processed Food Consumption

One of the main drivers of the commercial seaweed market is the increasing consumption of processed foods. Ingredients like carrageenan, derived from red seaweed, are extensively used in the food and beverage industry as emulsifying agents, stabilizers, thickeners, and protein stabilizers. These seaweed-derived components are critical in various processed food products, including dairy items, chocolate milk, salad dressings, ice cream, and sour cream.

As consumer preferences shift toward healthier and plant-based alternatives, commercial seaweed is increasingly replacing gelatin in many products, particularly catering to the growing vegan demographic. The expansion of seaweed usage in baked goods, confectioneries, and beverages is expected to drive significant market growth.

Expanding Applications in Pharmaceuticals

The pharmaceutical industry has recently recognized the potential of commercial seaweed for drug delivery systems. Seaweeds serve as excipients in pharmaceuticals, fulfilling various roles such as extrusion aids for pellet production, stabilizers in nanoparticles, and carriers in micro-particle systems. The unique properties of commercial seaweed, including its gelling abilities and strong negative charges, make it ideal for applications involving tissue regeneration and controlled drug release.

Moreover, commercial seaweed is becoming an essential component in developing innovative drug formulations. The projected increase in its use within the pharmaceutical sector is expected to substantially contribute to market growth through 2031.

Nutritional Benefits and Digestive Health

Commercial seaweed is acclaimed for its rich nutritional profile, which includes essential amino acids, omega-3 fatty acids, dietary fibers, and vitamins A, C, E, and B. Research published by the National Center for Biotechnology Information (NCBI) highlights the positive effects of seaweed on gut health, promoting digestive wellness through its functional fibers and nutrients. This growing awareness of seaweed's health benefits is attracting consumers seeking nutritious food options, further driving market demand.

Business Opportunities

The commercial seaweed market presents significant business opportunities, especially in developing regions where the demand for seaweed-based products, such as infant formulas, is rising. As urban populations grow and consumer lifestyles change, manufacturers are encouraged to enhance their production capabilities to meet increasing demand.

Additionally, the emergence of sustainable commercial seaweed products is gaining traction, aligning with consumer preferences for eco-friendly and health-conscious options. Manufacturers are exploring innovative seaweed blends to create new beverage offerings, tapping into the expanding market for health-focused products.

Regional Analysis

This report provides a detailed overview of the commercial seaweed market across key regions:

North America: Growing emphasis on health and wellness products is driving demand in this region.
Europe: Strong regulatory frameworks and increasing awareness of the benefits of seaweed are fueling market growth.
Asia-Pacific (APAC): As the largest consumer of seaweed, the APAC region presents significant growth opportunities, particularly in food and pharmaceutical applications.
Latin America: The demand for natural and organic products is rising, creating new opportunities for commercial seaweed.
Middle East & Africa (MEA): The market is gradually expanding, supported by increasing interest in health and nutrition.

The unique dynamics of each region contribute to the overall growth of the commercial seaweed market, marking it as a global phenomenon.

Key Players

The commercial seaweed market features a diverse array of prominent players, including:

DowDuPont Inc.
Kerry Group PLC
FMC Corporation
Cargill, Incorporated
Acadian Seaplants Limited
CP Kelco
Compania Espanola de Algas Marinas S.A.
Extractos Naturales Gelymar S.A.
Ocean Harvest Technology Limited
Compagnie Financiere et de Participations Roullier S.A.
W Hydrocolloids, Inc.
Arthur Branwell & Co Ltd
Fuerst Day Lawson Limited
Marinalg International
Irish Seaweeds
Annie Chun's, Inc.
Ocean Rainforest Sp/F
Qingdao Bright Moon Seaweed Group Co., Ltd.
Maine Coast Sea Vegetables
MARA SEAWEED

These companies are at the forefront of innovation, driving sustainable practices and adapting to the evolving needs of consumers and industries alike.

Market Segmentation

The commercial seaweed market can be segmented as follows:

By Source:

Red Seaweed
Green Seaweed
Brown Seaweed

By Form:

Flakes
Liquid
Powder

By End Use:

Food and Beverages
Agricultural Products
Animal Feed Additives
Pharmaceuticals
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

1. Executive Summary

1.1. Global Commercial Seaweeds Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Price Analysis, 2019 - 2023

3.1. Global Average Price Analysis, by Source, US$ Per Unit, 2019 - 2023
3.2. Prominent Factor Affecting Commercial Seaweeds Prices
3.3. Global Average Price Analysis, by Region, US$ Per Unit

4. Global Commercial Seaweeds Market Outlook, 2019 - 2031

4.1. Global Commercial Seaweeds Market Outlook, by Source, Value (US$ Bn) and Volume, 2019 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Red Seaweed
  - 4.1.1.2. Brown Seaweed
  - 4.1.1.3. Green Seaweed
4.2. Global Commercial Seaweeds Market Outlook, by Form, Value (US$ Bn), 2019 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Powder
  - 4.2.1.2. Liquid
  - 4.2.1.3. Flakes
4.3. Global Commercial Seaweeds Market Outlook, by End-use, Value (US$ Bn), 2019 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Food and Beverages
  - 4.3.1.2. Agricultural Products
  - 4.3.1.3. Animal Feed Additives
  - 4.3.1.4. Pharmaceuticals
  - 4.3.1.5. Others
4.4. Global Commercial Seaweeds Market Outlook, by Region, Value (US$ Bn) and Volume, 2019 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. North America
  - 4.4.1.2. Europe
  - 4.4.1.3. Asia Pacific
  - 4.4.1.4. Latin America
  - 4.4.1.5. Middle East & Africa

5. North America Commercial Seaweeds Market Outlook, 2019 - 2031

5.1. North America Commercial Seaweeds Market Outlook, by Source, Value (US$ Bn) and Volume, 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Red Seaweed
  - 5.1.1.2. Brown Seaweed
  - 5.1.1.3. Green Seaweed
5.2. North America Commercial Seaweeds Market Outlook, by Form, Value (US$ Bn), 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Powder
  - 5.2.1.2. Liquid
  - 5.2.1.3. Flakes
5.3. North America Commercial Seaweeds Market Outlook, by End-use, Value (US$ Bn), 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Food and Beverages
  - 5.3.1.2. Agricultural Products
  - 5.3.1.3. Animal Feed Additives
  - 5.3.1.4. Pharmaceuticals
  - 5.3.1.5. Others
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. North America Commercial Seaweeds Market Outlook, by Country, Value (US$ Bn) and Volume, 2019 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. U.S. Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 5.4.1.2. U.S. Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 5.4.1.3. U.S. Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 5.4.1.4. Canada Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 5.4.1.5. Canada Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 5.4.1.6. Canada Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Europe Commercial Seaweeds Market Outlook, 2019 - 2031

6.1. Europe Commercial Seaweeds Market Outlook, by Source, Value (US$ Bn) and Volume, 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Red Seaweed
  - 6.1.1.2. Brown Seaweed
  - 6.1.1.3. Green Seaweed
6.2. Europe Commercial Seaweeds Market Outlook, by Form, Value (US$ Bn), 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Powder
  - 6.2.1.2. Liquid
  - 6.2.1.3. Flakes
6.3. Europe Commercial Seaweeds Market Outlook, by End-use, Value (US$ Bn), 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Food and Beverages
  - 6.3.1.2. Agricultural Products
  - 6.3.1.3. Animal Feed Additives
  - 6.3.1.4. Pharmaceuticals
  - 6.3.1.5. Others
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Europe Commercial Seaweeds Market Outlook, by Country, Value (US$ Bn) and Volume, 2019 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. Germany Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 6.4.1.2. Germany Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 6.4.1.3. Germany Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 6.4.1.4. U.K. Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 6.4.1.5. U.K. Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 6.4.1.6. U.K. Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 6.4.1.7. France Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 6.4.1.8. France Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 6.4.1.9. France Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 6.4.1.10. Italy Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 6.4.1.11. Italy Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 6.4.1.12. Italy Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 6.4.1.13. Turkey Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 6.4.1.14. Turkey Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 6.4.1.15. Turkey Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 6.4.1.16. Russia Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 6.4.1.17. Russia Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 6.4.1.18. Russia Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 6.4.1.19. Rest of Europe Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 6.4.1.20. Rest of Europe Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 6.4.1.21. Rest of Europe Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Asia Pacific Commercial Seaweeds Market Outlook, 2019 - 2031

7.1. Asia Pacific Commercial Seaweeds Market Outlook, by Source, Value (US$ Bn) and Volume, 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Red Seaweed
  - 7.1.1.2. Brown Seaweed
  - 7.1.1.3. Green Seaweed
7.2. Asia Pacific Commercial Seaweeds Market Outlook, by Form, Value (US$ Bn), 2019 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Powder
  - 7.2.1.2. Liquid
  - 7.2.1.3. Flakes
7.3. Asia Pacific Commercial Seaweeds Market Outlook, by End-use, Value (US$ Bn), 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Food and Beverages
  - 7.3.1.2. Agricultural Products
  - 7.3.1.3. Animal Feed Additives
  - 7.3.1.4. Pharmaceuticals
  - 7.3.1.5. Others
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Asia Pacific Commercial Seaweeds Market Outlook, by Country, Value (US$ Bn) and Volume, 2019 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. China Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 7.4.1.2. China Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 7.4.1.3. China Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 7.4.1.4. Japan Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 7.4.1.5. Japan Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 7.4.1.6. Japan Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 7.4.1.7. South Korea Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 7.4.1.8. South Korea Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 7.4.1.9. South Korea Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 7.4.1.10. India Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 7.4.1.11. India Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 7.4.1.12. India Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 7.4.1.13. Southeast Asia Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 7.4.1.14. Southeast Asia Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 7.4.1.15. Southeast Asia Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 7.4.1.16. Rest of Asia Pacific Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 7.4.1.17. Rest of Asia Pacific Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 7.4.1.18. Rest of Asia Pacific Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Latin America Commercial Seaweeds Market Outlook, 2019 - 2031

8.1. Latin America Commercial Seaweeds Market Outlook, by Source, Value (US$ Bn) and Volume, 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Red Seaweed
  - 8.1.1.2. Brown Seaweed
  - 8.1.1.3. Green Seaweed
8.2. Latin America Commercial Seaweeds Market Outlook, by Form, Value (US$ Bn), 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Powder
  - 8.2.1.2. Liquid
  - 8.2.1.3. Flakes
8.3. Latin America Commercial Seaweeds Market Outlook, by End-use, Value (US$ Bn), 2019 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Food and Beverages
  - 8.3.1.2. Agricultural Products
  - 8.3.1.3. Animal Feed Additives
  - 8.3.1.4. Pharmaceuticals
  - 8.3.1.5. Others
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Latin America Commercial Seaweeds Market Outlook, by Country, Value (US$ Bn) and Volume, 2019 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. Brazil Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 8.4.1.2. Brazil Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 8.4.1.3. Brazil Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 8.4.1.4. Mexico Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 8.4.1.5. Mexico Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 8.4.1.6. Mexico Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 8.4.1.7. Argentina Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 8.4.1.8. Argentina Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 8.4.1.9. Argentina Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 8.4.1.10. Rest of Latin America Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 8.4.1.11. Rest of Latin America Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 8.4.1.12. Rest of Latin America Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Middle East & Africa Commercial Seaweeds Market Outlook, 2019 - 2031

9.1. Middle East & Africa Commercial Seaweeds Market Outlook, by Source, Value (US$ Bn) and Volume, 2019 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Red Seaweed
  - 9.1.1.2. Brown Seaweed
  - 9.1.1.3. Green Seaweed
9.2. Middle East & Africa Commercial Seaweeds Market Outlook, by Form, Value (US$ Bn), 2019 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Powder
  - 9.2.1.2. Liquid
  - 9.2.1.3. Flakes
9.3. Middle East & Africa Commercial Seaweeds Market Outlook, by End-use, Value (US$ Bn), 2019 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Food and Beverages
  - 9.3.1.2. Agricultural Products
  - 9.3.1.3. Animal Feed Additives
  - 9.3.1.4. Pharmaceuticals
  - 9.3.1.5. Others
- 9.3.2. BPS Analysis/Market Attractiveness Analysis
9.4. Middle East & Africa Commercial Seaweeds Market Outlook, by Country, Value (US$ Bn) and Volume, 2019 - 2031
- 9.4.1. Key Highlights
  - 9.4.1.1. GCC Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 9.4.1.2. GCC Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 9.4.1.3. GCC Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 9.4.1.4. South Africa Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 9.4.1.5. South Africa Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 9.4.1.6. South Africa Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 9.4.1.7. Egypt Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 9.4.1.8. Egypt Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 9.4.1.9. Egypt Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 9.4.1.10. Nigeria Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 9.4.1.11. Nigeria Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 9.4.1.12. Nigeria Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
  - 9.4.1.13. Rest of Middle East & Africa Commercial Seaweeds Market by Source, Value (US$ Bn) and Volume, 2019 - 2031
  - 9.4.1.14. Rest of Middle East & Africa Commercial Seaweeds Market by Form, Value (US$ Bn), 2019 - 2031
  - 9.4.1.15. Rest of Middle East & Africa Commercial Seaweeds Market by End-use, Value (US$ Bn), 2019 - 2031
- 9.4.2. BPS Analysis/Market Attractiveness Analysis

10. Competitive Landscape

10.1. Company Market Share Analysis, 2024
10.2. Competitive Dashboard
10.3. Company Profiles
- 10.3.1. DowDuPont Inc.
  - 10.3.1.1. Company Overview
  - 10.3.1.2. Product Portfolio
  - 10.3.1.3. Financial Overview
  - 10.3.1.4. Business Strategies and Development
- 10.3.2. Kerry Group PLC
  - 10.3.2.1. Company Overview
  - 10.3.2.2. Product Portfolio
  - 10.3.2.3. Financial Overview
  - 10.3.2.4. Business Strategies and Development
- 10.3.3. FMC Corporation
  - 10.3.3.1. Company Overview
  - 10.3.3.2. Product Portfolio
  - 10.3.3.3. Financial Overview
  - 10.3.3.4. Business Strategies and Development
- 10.3.4. Cargill, Incorporated
  - 10.3.4.1. Company Overview
  - 10.3.4.2. Product Portfolio
  - 10.3.4.3. Financial Overview
  - 10.3.4.4. Business Strategies and Development
- 10.3.5. Acadian Seaplants Limited
  - 10.3.5.1. Company Overview
  - 10.3.5.2. Product Portfolio
  - 10.3.5.3. Financial Overview
  - 10.3.5.4. Business Strategies and Development
- 10.3.6. CP Kelco
  - 10.3.6.1. Company Overview
  - 10.3.6.2. Product Portfolio
  - 10.3.6.3. Financial Overview
  - 10.3.6.4. Business Strategies and Development
- 10.3.7. Compania Espanola de Algas Marinas S.A.
  - 10.3.7.1. Company Overview
  - 10.3.7.2. Product Portfolio
  - 10.3.7.3. Financial Overview
  - 10.3.7.4. Business Strategies and Development
- 10.3.8. Extractos Naturales Gelymar S.A.
  - 10.3.8.1. Company Overview
  - 10.3.8.2. Product Portfolio
  - 10.3.8.3. Financial Overview
  - 10.3.8.4. Business Strategies and Development
- 10.3.9. Ocean Harvest Technology Limited
  - 10.3.9.1. Company Overview
  - 10.3.9.2. Product Portfolio
  - 10.3.9.3. Financial Overview
  - 10.3.9.4. Business Strategies and Development
- 10.3.10. Compagnie Financiere et de Participations Roullier S.A.
  - 10.3.10.1. Company Overview
  - 10.3.10.2. Product Portfolio
  - 10.3.10.3. Financial Overview
  - 10.3.10.4. Business Strategies and Development
- 10.3.11. W Hydrocolloids, Inc.
  - 10.3.11.1. Company Overview
  - 10.3.11.2. Product Portfolio
  - 10.3.11.3. Financial Overview
  - 10.3.11.4. Business Strategies and Development

11. Appendix

11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations