Seaweed Fertilizer Market Size Worth USD 17.1 Million by 2025: Hexa Research

Over the past ten years, Europe has implemented regulations related to organic labeling and has witnessed an increase in organic food consumption. The growth in demand for organic food has pushed demand for organic fertilizers as well. As an organic fertilizer, seaweed fertilizer also has witnessed growth in demand in the region.

Organic fertilizer is used in around 14-million-hectare farmland of Europe. As of 2017, Spain accounted for the largest organic farmland, followed by Italy and France. Besides, the Common Agricultural Policy (CAP) by the European Commission, which encouraged the usage of organic fertilizers makes for a considerable growth prospect for seaweed fertilizers in the coming years.

Access full research report with TOC on "Global Seaweed Fertilizer Market Size And Forecast, by Form (Powder, Liquid), by Application (Farm, Garden), by Region, and Trend Analysis, 2015 - 2025" at: https://www.hexaresearch.com/research-report/seaweed-fertilizer-market

In North America, the sales of organic products have increased significantly since 2004. The U.S. and Canada have witnessed a remarkable increase in the demand for organic foods. The U.S. government is promoting the use of organic fertilizer by enacting supportive regulations and increasing its spending towards incorporation of organic fertilizer as an agrochemical in the domestic farming sector.

In 2017, Asia Pacific commanded well over 15.0% of the global seaweed fertilizer market revenue. The strong foothold of agro-farming land in countries such as China, India, and Indonesia is expected to remain a favorable factor in the near future. Also, China and Japan are the major producers of seaweed in the world. Though the region has relatively low demand for seaweeds, the rising emphasis on organic farming and the cost-effectiveness of seaweed fertilizers is expected to strengthen the demand in the coming years.

Some of the key companies in the seaweed fertilizer market include Dr. Earth, Inc, Kelpak, FoxFarm Soil & Fertilizer Company, Espoma, Grow More, Hydrofarm LLC, Maxicrop USA, Inc., MAXSEA, and Technaflora Plant Products Ltd. Over the coming years, the competition prevailing amongst various players is expected to increase with the growing demand for seaweed fertilizers. As the majority of seaweed is sourced from Asia Pacific region, companies are expected to consolidate their presence in the region through geographical expansion or strategic partnerships.

Browse related reports by Hexa Research:

Hexa Research has segmented the seaweed fertilizer market report based on form, application and region:-

Segmentation by Form

Segmentation by Application

Segmentation by Region

Key countries analyzed:

Key players analyzed:

About Hexa Research

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact:
Michelle T.
Corporate Sales Specialist
Hexa Research
Phone: +1-415-349-0058
Toll Free: 1-800-489-3075
Email: [email protected] 
Web: https://www.hexaresearch.com/