Commercial Seaweed Market by Form (Flakes, Liquid, and Powder), Type (Brown Seaweeds, Green Seaweeds, and Red Seaweeds), Application, and Region - Global Industry Analysis, Opportunities and Forecast up to 2029

Commercial Seaweed Market Size

The global Commercial Seaweed market size was valued at $24.10 billion in 2023 and is projected to reach $50.17 billion by 2029, growing at a CAGR of 13.0% during the forecast period. 

Commercial Seaweed Market Dynamics

• The commercial seaweed market is expected to witness significant growth in the future due to rising investments in application segments, growing adoption in the food processing industry, and availability of the rare nutrients of seaweeds. 

• Additionally, growing health awareness among the consumers and rising trend of seaweed harvesting are the prominent factors driving the growth of the commercial seaweed market demand.

• However, the high cost of cultivation and growing concerns associated with the availability of mercury are restraining the market growth.

• On the contrary, rising technological developments in cultivating seaweed and growing consumption of plant-based products are creating opportunities for market growth.

Commercial Seaweed Market Overview

Seaweeds are the species of macroscopic, marine, and multicellular algae that consist of high-quality health advantages. These are a rich source of nutrients and vitamins which also include features such as helping in digestive health benefits, reducing weight, and lowering cholesterol effect.

By Form, the Powder Segment is projected to be the largest Segment in the Commercial Seaweed Market

The powder segment is estimated to witness a significant growth rate in the foreseeable future due to the growing demand in both the food and beauty care products industries. Powders are not difficult to move and store. The method involved with changing over large-scale green growth concentrates to powder eliminates water and assists with expanding its timeframe of realistic usability. Seaweed powder is sold in retail advertisements as a restorative item just as a dietary enhancement. The expanding utilization of plant proteins and vegetarian items is relied upon to spike the interest for seaweed powders in the food business.

By Geography, North America Region Holds the Dominant Position in the Market Revenue

North America is projected to be the largest region in the commercial seaweed market due to the flooding interest for plant-based items in the region. The U.S. seaweed growth market ruled the North American area. The rising fame of the veggie population and vegan diets in the area have expanded the interest in plant proteins across a scope of food items. The expanding prominence of practical food and drinks has additionally raised the use of green growth in different items. Progressing improvements and mechanical headways in the development and reaping of green growth are relied upon to drive the development of the market in the region.

Some of the Key Players Profiled in the Report Include: 

• Acadian Seaplants Limited
• Biostadt India Limited
• Brandt
• Cargill Incorporated
• Compo GmbH & Co. Kg
• CP Kelco
• EI Du Pont De Nemours
• FMC Corporation
• Gelymar
• Kerry Group Plc
• Roullier Group
• Seasol International Ltd

What Can be Explored with this Research Report?

• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Form:
• Flakes
• Liquid
• Powder

Market by, Type:
• Brown Seaweeds
• Green Seaweeds
• Red Seaweeds

Market by, Application:
• Agriculture
• Animal Feed Additives
• Cosmetics and Personal Care
• Feed
• Pharmaceuticals
• Food

Market by, Geography:

The Commercial Seaweed Market report also analyzes the major geographic regions and countries for the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

Table Of Content

1 Market Overview                
    1.1 Introduction            
    1.2 Research Objectives           
    1.3 Market Segmentation           
    1.4 Stakeholders            
    1.5 List of Acronyms            
                  
2 Executive Summary                
                  
3 Research Methodology               
    3.1 Identification of Data           
    3.2 Evaluation of Market Dynamics          
    3.3 Collaboration of Data           
    3.4 Verification and Analysis           
    3.5 Data Sources            
    3.6 Assumptions            
                  
4 Market Dynamics                
    4.1 Market Drivers            
           4.1.1 Growing Adoption in Food Processing Industry  
           4.1.2 Availability of the Rare Nutrients of Seaweeds  
    4.2 Market Restraints            
           4.2.1 Concerns Associated with the Availability of Mercury 
    4.3 Market Opportunities           
           4.3.1 Rising Trend of Seaweed Harvesting   
    4.4 Market Challenges            
           4.4.1 High Cost of Cultivation    
    4.5 Impact of COVID-19 on Commercial Seaweed Market        
                  
5 Porter's Five Force Analysis              
    5.1 Bargaining Power of Suppliers           
    5.2 Bargaining Power of Buyers           
    5.3 Threat of New Entrants           
    5.4 Threat of Substitutes           
    5.5 Competitive Rivalry in the Market          
                  
6 Global Commercial Seaweed Market by, Form             
    6.1 Overview            
    6.2 Flakes             
    6.3 Liquid             
    6.4 Powder             
                  
7 Global Commercial Seaweed Market by, Type             
    7.1 Overview            
    7.2 Brown Seaweeds            
    7.3 Green Seaweeds            
    7.4 Red Seaweeds            
                  
8 Global Commercial Seaweed Market by, Application            
    8.1 Overview            
    8.2 Agriculture            
    8.3 Animal Feed Additives           
    8.4 Cosmetics and Personal Care           
    8.5 Feed             
    8.6 Pharmaceuticals            
    8.7 Food             
           8.7.1 Dairy Products     
           8.7.2 Meat and Poultry Products    
                  
9 Global Commercial Seaweed Market by, Geography            
    9.1 Overview            
    9.2 North America            
             9.2.1 US    
             9.2.2 Canada    
             9.2.3 Mexico    
    9.3 Europe             
             9.3.1 Germany    
             9.3.2 France    
             9.3.3 UK    
             9.3.4 Italy    
             9.3.5 Spain    
             9.3.6 Rest of Europe   
    9.4 Asia Pacific            
             9.4.1 China    
             9.4.2 Japan    
             9.4.3 India    
             9.4.4 South Korea   
             9.4.5 Australia    
             9.4.6 New Zealand   
             9.4.7 Rest of Asia Pacific   
    9.5 South America            
             9.5.1 Brazil    
             9.5.2 Argentina   
             9.5.3 Chile    
             9.5.4 Rest of South America  
    9.6 Middle East & Africa           
             9.6.1 UAE    
             9.6.2 Saudi Arabia   
             9.6.3 Qatar    
             9.6.4 Iran    
             9.6.5 South Africa   
             9.6.6 Rest of Middle East & Africa  
                  
10 Key Developments                
                  
11 Company Profiling                
    11.1 Acadian Seaplants Limited           
             11.1.1 Business Overview   
             11.1.2 Product/Service Offering  
             11.1.3 Financial Overview   
             11.1.4 SWOT Analysis   
             11.1.5 Key Activities   
    11.2 Biostadt India Limited           
    11.3 Brandt             
    11.4 Cargill Incorporated            
    11.5 Compo GmbH & Co. Kg           
    11.6 CP Kelco             
    11.7 EI Du Pont De Nemours           
    11.8 FMC Corporation            
    11.9 Gelymar             
    11.10 Kerry Group Plc            
    11.11 Roullier Group            
    11.12 Seasol International Ltd