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Australia Seaweed Extracts Market to Experience Significant Growth

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Rahul Mengane

Seaweed Extracts Market: Introduction


According to a study conducted by Transparency Market Research, it was found that seaweeds are considered to be one of the highest sources of nutrition and serve various health benefits. Moreover, the growing pharmaceutical segment has been providing growth opportunities to seaweed producers as consumer preference for seaweed extracts as an ingredient is growing.

East Asia holds the majority value share of more than 25.4% of the global seaweed extracts market. It is estimated to be valued at US$ 432.6 Mn in 2022 and is forecast to grow at a CAGR of 5.8% to reach US$ 760.2 Mn by 2031 in the region.


Download Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=73217


Seaweed Extract as Potential Bio-fertilizer in Organic Farming


Conventional food & beverage products contain additives and preservatives, which are likely to harm the human body. Thus, with an increasing number of health-conscious people, there is a hype for organic products across the globe. Manufacturers have started using organic ingredients without any additives or preservatives. The market, thus, benefits from the ongoing organic trend, with increased demand for seaweed extract as an additive in organic products. The demand for seaweed extract from organic farming practices as a potential bio-fertilizer also proves to be a positive factor for the market.


About Us Transparency Market Research


Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.


Contact Us

Nikhil Sawlani

Transparency Market Research Inc.

CORPORATE HEADQUARTER DOWNTOWN,

1000 N. West Street,

Suite 1200, Wilmington, Delaware 19801 USA

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: [email protected]

Blog: https://tmrblog.com

Website: https://www.transparencymarketresearch.com

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