Seaweed Market size is expected to grow with a CAGR of 12.0% by 2024 | Trends, Opportunities

According to the report, the global seaweed industry generated $4.09 billion in 2017, and is anticipated to generate $9.07 billion by 2024, witnessing a CAGR of 12.0% from 2018 to 2024. Prime determinants of growth Rise in demand for seaweeds in the manufacture of hydrocolloids and surge in applications of seaweed drive the growth of the global seaweed market. However, …