Rising demand from farmers for the production of more crops and favorable government policies are the factor that drives the demand for the India Seaweed market in the forecast period, 2023-2028. According to the TechSci Research report, “India Seaweed Market - By Region, Competition Forecast and Opportunities, 2018-2028", The Indian seaweed market is anticipated to increase at an impressive rate in the forecast period, 2024-2028.

The Important Factors of the India Seaweed Market

Seaweed is marine algae that are green, brown, or dark red in color that grows in seashores and holds ample minerals and nutrients. Due to its antibacterial, antiviral, and antitumor effects, it is used in different applications and gaining demand from end users for medicinal, agricultural, food, cosmetics, fuel, and other purposes. Growing people's awareness to protect the environment and lower carbon emissions awareness is going to propel the market.

The volatile cost of product & chemical penetration in sea plants is expected to obstruct the seaweed market growth. Water pollution is rising rapidly due to the dumping or leakage of various chemicals in the water bodies, which enter the bodies of living marine organisms. Thus, it is different to sell and cultivates algae in such an adverse situation and switch to an artificial marine ecosystem or an alternate process to produce the algae. This led to a rise in the production cost of seaweed and hindered market growth.



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India Seaweed market is segmented based on type, method of cultivation, form, application, region, and company.



Based on the method of cultivation, the market is divided into single rope floating raft method, fixed bottom long thread method, and integrated multi-trophic aquaculture. The integrated multi-trophic aquaculture segment is expected to hold the largest market share in the projected year. Integrated multi-trophic aquaculture is the same as polyculture, where two or more species are cultivated synchronically. In this method of cultivation, various marine organisms produce from diverse trophic levels to increase productivity, decrease waste, and support ecosystem services like bioremediation. Thus, as mentioned above, the advantage propels framer to grow seaweed through integrated multi-trophic aquaculture and make it a dominating segment.

Based on form, the market is divided into liquid and dry. The dry segment is expected to hold the largest market share in the projected year. Various essential antioxidants are present in dry seaweed in the form of vitamins like A, C, & E, B12, and protective pigments. It contains a decent amount of iodine, an essential mineral necessary for thyroid wellness and operation.

Based on application, the market is divided between human consumption and non-human consumption. The human consumption segment is expected to hold the largest market share in the projected year. Due to growing plant-based food demand and the availability of beneficial vitamins, it is gaining popularity in western countries like the US, and France, among others. Apart from these, the growing demand for seaweed for medicinal purposes is expected to propel the human consumption market in the segment.



Major companies operating in India seaweed market are:

Aquagri Processing Pvt Ltd.
Sea6 Energy
Tata Chemicals
Coromandel International Ltd.
Mars Petcare Company
HiMedia Laboratories Pvt. Ltd
Snap Natural and Alginate Products Pvt. Ltd.


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"The South region is expected to dominate India's Seaweed Market in the projected period due to an extensive coastline and available R& facilities. A growing startup like Sea6 Energy that works in the production of seaweed to generate biomass for sustainable development will propel the market growth. Government initiatives include Special Economic Zone, Pradhan Mantri Matsya Sampada Yojana (PMMSY), the Blue Revolution scheme, and ongoing R& such as biofuel, medicine, and others for new applications are going to propel the Seaweed demand. All the above factors are projected to impact India's seaweed market growth until 2028." said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“India Seaweed Market, Type (Brown, Red, Green), By Method of Cultivation (Single Rope Floating Raft Method, Fixed Bottom Long Thread Method, Integrated Multi-Trophic Aquaculture), By Form (Liquid, Dry), By Application (Human Consumption v/s Non-Human Consumption), By Region, Competition, Forecast, and Opportunities, 2028 has evaluated the future growth potential of India seaweed Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India seaweed market.



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Increasing demand for healthy animal protein is expected to drive Global Fermented Feed Ingredients Market in the forecast period, 2024-2028. According to the TechSci Research report, “Fermented Feed Ingredients Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, the global fermented feed market is anticipated to grow at an impressive rate in the forecast period 2024-2028. This can be ascribed to the rising demand to improve feed effectiveness and lower feed costs, along with the growing awareness regarding the benefits of naturally fermented feed.

The Important Aspects of the Fermented Feed Ingredients Market

Additionally, Increasing demand for use of antibiotics at the farm level and increasing improvement of nutrition solutions and specific micro ingredients will propel the market growth. The rising awareness among governments about the need to increase livestock production and increasing concerns over global food security and sustainability are the major factors, which are further expected to increase the demand for the fermented feed ingredients market in the forecast period. Similarly, growing concern over the use of antimicrobials is expected to create significant growth in the market over the years. Also, the cost-effectiveness of the feed ingredients produced through fermentation technology is driving the growth of the market over the years. Additionally, increasing need to reduce the use of antibiotics at the farm level different companies are actively expanding their offers along with advanced nutrition solutions which will further drive the market growth during the forecasted period.


However, the low quality of raw materials, high cost of ingredients, and health risks caused by fermented products may hamper the global fermented feed ingredient market in the forecast period.


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[b]The global fermented feed ingredients market is segmented into ingredients, form, animal type, and by region.


Based on Ingredients, the global fermented feed ingredients market can be segmented into Amino Acids, Vitamins & Minerals, Organic acids, Probiotics & Prebiotics, and Others. The amino acids ingredient is expected to dominate the market in 2022 and maintain its dominance throughout the forecast period. Their increasing demand in the animal feed additives and the food & beverages industries is a major contributing factor in the development of the fermented feed ingredient market. The increasing demand for fed vitamins to poultry animals is anticipated to lead to advancements in the fermented feed ingredient market in the forecast period.

Based on form, the global fermented feed ingredients market can be divided into Liquid v/s Dry. Dry Form is predicted to dominate the market in 2022 and maintain its dominance throughout the forecast period. Similarly, rising health consciousness among the masses regarding the benefits of consuming fermented food products, growing demand for easy food preservation, and low-cost procurement will boost the market in the forecast period. Also, the growing demand for increasing feed quality and nutritional value of products increases the egg weight of birds, improves their digestibility, and strengthens their immune systems will further boost the market growth over the years.

Major companies operating in the global fermented feed ingredients market are:

BASF SE
Balchem Inc.
Cargill, Inc.
Chr. Hansen A/S
AB Vista
Archer Daniels Midland Company
Ajinomoto Co. Inc.
Angel Yeast Co., Ltd.
CJ Corp.
Fermented Nutrition Corporation

For instance, in July 2018 and August 2018, BASF SE launched two animal nutrition feed ingredients, carotenoid Lucantin NXT, and organic acid-based silage additive Lupro-cid NA to enhance feed quality for livestock.


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“North America is expected to register the highest growth in the global fermented feed ingredients market due to the growing awareness about the animal health benefits of fermented items and increasing high consumption of probiotics and prebiotics. Also, growing concern over the use of antimicrobials along with improving immunity levels for farm animals is expected to boost the growth of the market in the forecast period. Similarly, increasing applications regarding improving the nutrient content of the feed and improvement of the feed conversion ratio by the manufacturers in order to decrease the feeding cost, are expected to drive the demand for fermented feed ingredients in the forecast period. Similarly, increasing urbanization and rapidly rising demand for animal proteins are expected to propel the global fermented feed ingredients market growth till 2028” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.


“Global Fermented Feed Ingredients Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Ingredient (Amino Acids, Vitamins & Minerals, Organic Acid, Probiotics & Prebiotics, Others), By Form (Liquid v/s Dry), By Animal Type (Poultry, Swine, Ruminant, Aquatic, Others), By Region and Competition”, has evaluated the future growth potential of global fermented feed ingredient market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global fermented feed ingredients market.



Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Website: https://www.techsciresearch.com