Recent product developments in red seaweed extract market is expected to upsurge overall sales
Like several other seaweed extracts, red seaweed extract industry provides a wide variety of food products for human consumption. Among other seaweeds, red seaweed is very versatile and is mainly used to produce alginate, agar, hydrocolloids and carrageenan, which are used as gelling and thickening agents.
The red seaweeds are mostly produced in China, Chile and Indonesia. Red seaweed extracts are the substances comprising appropriate properties is used in various end-use industries such as food & beverages, nutraceuticals, pharmaceuticals and cosmetics among other industries. The global demand for red seaweed extract is anticipated to attain massive traction across the developed, as well as growing regions, due to the ease of availability for red seaweed extract products. The global market for red seaweed extract consists of several global and local vendors with their business and sales footprint across the globe.
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