Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the global seaweed fertilizer market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing prominence of seaweed as food and feed, wide range of applications like in cosmetic, food, medicine industry. The study includes market forecasting, which wouldenableourclientstotakebetter decisionswhileplanningtheir strategy to achieve sustainabilityin global seaweed fertilizer market. Methodology Followed forCalculation of Market Size: • Market Size by Value: Market size, in terms of value, for the year 2020 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as seaweed fertilizer companies, channel partners, market influencers & end users, industry experts, and other industry participants. • The team interviewed more than 15 – 20 seaweed fertilizer companies, 100 – 120 end users, and 15 – 20 Industry experts and other value chain stakeholders in the global seaweed fertilizer market to obtain the overall market size from 2016-2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data from 2016-2020. 15
Global food additives market 2026 Page 14 Page 16