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Commercial Seaweed Market Size Worth $37.8 Billion By 2028: Grand View Research, Inc.

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The global commercial seaweed market size is expected to reach USD 37.8 billion by 2028, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 10.8% from 2021 to 2028. Growing awareness concerning the product’s health benefits along with rising consumption of snacks and food products derived from sea vegetables is anticipated to augment the demand for commercial sea vegetables in food applications.

Key Insights & Findings from the report:

  • The agriculture segment accounted for a market share of 8.5% in terms of revenue in 2019. Sea vegetables help in conditioning the soil by controlling the displacement of the upper layer of the soil
  • The human consumption application segment is anticipated to witness a CAGR of 9.3% from 2020 to 2027 and is projected to reach USD 9.2 million in 2027 owing to its wide range of applications in human consumption
  • In the Asia Pacific, the market is estimated to witness a CAGR of 9.3% from 2020 to 2027 owing to the increasing consumption of organic foods in the region
  • In North America, the market is anticipated to witness a CAGR of 8.8% over the forecast period owing to growth in the harvesting of sea vegetables in the region
  • Some of the key manufacturers operating in the commercial seaweeds market are Roullier Group; Cargill, Incorporated; Biostadt India Ltd; E.I. DuPont Nemours and Company; and Compo GmbH and Co.

Read 145 page market research report, “Commercial Seaweed Market Size, Share & Trends Analysis Report By Product (Brown Seaweeds, Red Seaweeds, Green Seaweeds), By Form, By Application, By Region, And Segment Forecasts, 2021 – 2028“, by Grand View Research

Rising health awareness among consumers is one of the major factors driving the growth of the market. Some of the key attributes of commercial sea vegetables are that they are one of the major sources of minerals and vitamins in the human body, once consumed. In addition, seaweeds regulate the estradiol and estrogen levels in the body.

Brown seaweeds are one of the major sources of iodine, which is rare in other food items or ingredients. In addition, it is highly important to regulate the estradiol and estrogen levels in the human body. The use of seaweed and its isolates enhances satiety further reducing the postprandial absorption rates of glucose and lipids for human feeding studies that help in the development of anti-obesity foods. Seaweed also forms an important ingredient for the development of new food products.

The huge volume of cultivation associated with sea vegetables along with the low cost of production is a major factor driving the commercial seaweeds market. Low costs and commercial viability is allowing farmers to opt for seaweed production, thereby driving the market.

Mercury is one of the most common minerals found in oceans and in ocean fishes. It is present in high quantities in sea vegetables as compared to the amount of mercury consumed by humans in their regular diets. It can result in numerous health issues including anxiety, muscle weakness, skin rashes, numbness in the hands and feet, memory problems, trouble in speaking, hearing, or seeing which is expected to restrain the market growth.

Grand View Research has segmented the global commercial seaweeds market on the basis of product, form, application, and region:

  • Commercial Seaweed Product Outlook (Revenue, USD Million, 2017 – 2028)
    • Brown seaweeds
    • Red seaweeds
    • Green seaweeds
  • Commercial Seaweed Application Outlook (Revenue, USD Million, 2017 – 2028)
    • Agriculture
    • Animal Feed
    • Human Consumption
    • Others
  • Commercial Seaweed Form Outlook (Revenue, USD Million, 2017 – 2028)
    • Liquid
    • Powdered
    • Flakes
  • Commercial Seaweed Regional Outlook (Revenue, USD Million, 2017 – 2028)
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • France
      • U.K.
      • Germany
      • Ireland
      • Spain
      • Norway
    • Asia Pacific
      • China
      • Indonesia
      • Japan
      • South Korea
      • Philippines
    • Central & South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • South Africa

List of Key Players of Commercial Seaweed Market

  • Cargill Inc.
  • E.I. Du Pont de Nemours and Company
  • Roullier Group
  • Biostadt India Limited
  • Compo GmbH & Co. KG
  • Acadian Seaplants Limited
  • Gelymar SA
  • BrandT Consolidated, Inc.
  • Seasol International Pty. Ltd.
  • CP Kelco.
  • West Coast Marine Bio-Processing Corp.
  • Leili Group
  • Chase Organics GB Limited
  • Indigrow Ltd.
  • Travena Organic Solutions Ltd.

Check out more studies related to applications of seaweed, conducted by Grand View Research:

  • Seaweed Snacks Market – The global seaweed snacks market size was valued at USD 1.48 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 10.8% from 2020 to 2027. The growing demand for better-for-you food items among consumers has been driving the market growth.
  • U.S. Seaweed Fertilizers Market – The U.S. seaweed fertilizers market size was valued at USD 6.86 million in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 5.1% from 2020 to 2027. Seaweed fertilizers are gaining prominence over the past few years as they are considered highly efficient sources of mineral ingredients.
  • Biostimulants Market – The global biostimulants market size was estimated at USD 1.74 billion in 2016, projected to expand at a CAGR of 10.2% from 2017 to 2025. Rising focus on enhancing productivity, coupled with rapid soil degradation, is likely to drive the market over the forecast period.

Browse through Grand View Research’s coverage of the Global Nutraceuticals & Functional Foods Industry

Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports

Artificial Intelligence

Synthetik Applied Technologies LLC announces development of UrbanScale – a modeling platform for the prediction, characterization, and quantification of extreme urban heat

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AUSTIN, Texas and LONDON, April 30, 2024 /PRNewswire/ — Synthetik Applied Technologies announces the development of UrbanScale, a tool to model and predict effects of extreme heat in urban areas, through a project funded by the National Oceanic and Atmospheric Association (NOAA). The physical characteristics of urban areas amplify heat effects resulting in what are known as urban heat islands — areas where surface temperatures are much higher than their surroundings. The UrbanScale tool addresses this climate peril with sophisticated analytic tools based on physics informed neural networks and cutting-edge machine learning to predict urban heat and help better understand and mitigate the risks associated with these extreme heat events. As a result of climate change, these events are expected to increase, impacting both the people that live in urban areas and the infrastructure on which they depend.

The UrbanScale platform shows significant promise to provide data on the severity of heat islands and their effects to better understand how they impact human health, energy use and damage to physical infrastructure. This information will provide a step-change in capability for government agencies, urban planners, and transportation authorities to direct efforts for mitigation and intervention. In particular, inclusion of demographic information into data pipelines will allow understanding of how urban heat effects may impact vulnerable or disadvantaged populations. Integration with climate forecasts and models will also provide unprecedented capabilities for forecasting risk associated with climate change.
Josh Hatfield, Director of Research and Development at Synthetik, said:
‘We are extremely grateful for the opportunity to study such an important issue. Extreme heat is already the largest cause of weather-related fatalities in the US, and climate change will only increase the importance of understanding heat in urban environments. Helping to meet that challenge fits directly into Synthetik’s mission.’
Synthetik COO Tim Brewer commented:
‘The UrbanScale tool will allow both our government and insurance partners to better characterize the risk of extreme heat in urban centers and promises to deliver critical insight on the way these events impact energy demands. We look forward to exploring its wide-ranging applications.’
Synthetik plans further development of UrbanScale with NOAA and other partners in the public and private sector.
For all inquiries: Contact Synthetik Applied Technologies PR [email protected] 
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Artificial Intelligence

GLiNTECH – a Valiantys company, wins Atlassian Partner of the Year 2023 Services (APAC) award. Valiantys and GLiNTECH declared Finalists for Team Excellence and ITSM Solutions

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PARIS, April 30, 2024 /PRNewswire/ — Atlassian announced today that GLiNTECH – a Valiantys company has won the Atlassian Partner of the Year 2023 Services (APAC) award. Valiantys and GLiNTECH were further declared finalists for the Team Excellence and ITSM Solutions awards, respectively.

 
This is an acknowledgement of their outstanding work for Atlassian customers during the calendar year 2023. This includes exceptional efforts in developing new business and driving innovative solutions for customer success.
“Our industry leading partners play a vital role in our customers’ continued success. We’re honored to highlight our top partners as award finalists this year, reflecting their ongoing commitment to delivering innovative solutions and unparalleled Atlassian services globally,” said Ko Mistry, Atlassian’s Head of Global Channels.
“We are delighted to be named as finalists for these awards from Atlassian, and we are particularly proud to celebrate GLiNTECH’s achievement in winning the Services (APAC) award.” said Emmanuel Benoit, Global Chief Executive Officer, Valiantys. “At Valiantys, embracing diversity of thought and challenging the ways our teams work has always provided Valiantys with a competitive edge to consistently deliver tangible results and value. We look to the future with unwavering determination and confidence as we continue to drive innovation and unlock potential for our customers around the globe.”
“We dedicate our IT Consulting Services and Custom Solutions to fulfilling our customers’ needs for success,” commented Dimitri Spyridopoulos, Chief Executive Officer GLiNTECH – a Valiantys company. “It’s an honor to be recognized by Atlassian as a finalist in two categories that reflect these efforts: Services and ITSM Solutions, and to be declared as winner for the Services award (APAC).”
For more information regarding this Press Release, contact: [email protected]
About Valiantys
Valiantys is a leading global consulting and services firm dedicated to Atlassian. The company accelerates business transformation by digitizing processes and modernizing teamwork, using the best agile methods and tools. Its Atlassian technical expertise is unparalleled and Valiantys supports its customers across the entire spectrum of projects on those platforms. As a recognized Agile at Scale, ITSM, and Cloud Specialized Partner, Valiantys help organizations accelerate time to value with Agile at scale, cloud, and ITSM implementations. Because teamwork requires more than just tools, the firm bridges the gap between applications and strategic practices such as SAFe® and ITIL. Over the last 15 years, Valiantys has helped more than 5,000 customers achieve their desired business outcomes at a reduced time to value, through improved team collaboration. More information about Valiantys can be found at https://www.valiantys.com/
About GLiNTECH – a Valiantys Company
GLiNTECH is a renowned Atlassian Platinum Partner headquartered in Australia and is the preferred choice for over 300 leading brands. The company has amassed more than 20 years of experience servicing enterprise clients across the Asia Pacific region, earning Atlassian Partner of the Year five times, including most recently for Professional Services. GLiNTECH is recognized as a Specialized Atlassian Cloud and ITSM partner. The company offers deep expertise in Licensing, Training, Support, Managed Services, Consulting, and Agile methodologies and has a proven record in providing reliable solutions while driving success within the Atlassian ecosystem. More information about GLiNTECH can be found here: https://www.glintech.com/
GLiNTECH was acquired by Valiantys in February 2024.
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Artificial Intelligence

Nillion is pleased to announce that Dwinity, a team pioneering decentralized AI has joined as an ecosystem partner

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ZUG, Switzerland and MUNICH, April 30, 2024 /PRNewswire/ — With huge amounts of personal data being collected every day, privacy concerns are escalating as the impact of data breaches become more costly. The need to address the problems created by the existing data economy have never been greater. By empowering users to reclaim control, Dwinity aims to unlock an enormous amount of potential for personal data to enhance various industries like healthcare, insurance, and finance.

About Dwinity
Dwinity’s mission is to give power back to users and to create a thriving data economy in which information asymmetry is finally removed. Dwinity enables a decentralized data economy as well as creates a data ownership driven ecosystem for storage, analysis, exchange, and commercialization of sensitive personal data.
The three components of Dwinity are:
Data control: Decentralized data spaces for decentralized data storage which provides true data sovereignty and enables users to decide with whom data is shared.Data Gold: Decentralized AI tools for each data space have the capability to unlock the full potential of data via sophisticated analysis.Data Cash: A fair marketplace with automated data value analysis, allowing for tangible income for data owners at lower costs and completely anonymous.Dwinity is presently closing its initial seed round at USD 3 MN – funds which will be used for the development of the initial prototypes to hit the market already in 2024.
About Nillion
Nillion is humanity’s first Blind Computer. It is powered by a decentralized network of nodes that enables “Blind Computation” through the coordination and orchestration of privacy enhancing technologies (PETs) such as multi-party computation (MPC), fully homomorphic encryption (FHE) and zero-knowledge proofs (ZKP). Nillion believes Blind Computation will become the internet’s base layer for all private data as PETs continue to mature. Nillion has attracted a notable initial cohort of Blind Computation builders across AI, DeFi, medical data, custody, wallets, global identity, messaging and more.
The Nillion development company, Nilogy, was incubated by CoinList’s seed program. Nilogy’s Founding CTO was the Founding Engineer of Uber (Conrad Whelan), the Chief Strategy Officer was the Founding CMO of Hedera Hashgraph (Andrew Masanto), the Chief Business Officer is the Founder of Indiegogo (Slava Rubin), the General Counsel was the Associate General Counsel of Coinbase (Lindsay Danas Cohen), along with builders hailing from Consensys, LayerZero, Polygon and Google.
“This is a major step on our way to building the leading ecosystem for sensitive data together with one of the top players in the market for the handling of such valuable data. We are looking forward to the cooperation which will add significant trust and competence to both initiatives”, said Peter Koenig, CEO of Dwinity.
Picture is available at AP
Contact for this publication: Christian Mangold [email protected]

View original content:https://www.prnewswire.co.uk/news-releases/nillion-is-pleased-to-announce-that-dwinity-a-team-pioneering-decentralized-ai-has-joined-as-an-ecosystem-partner-302131972.html

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