Market Overview:
The global seaweeds market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for seaweeds from the food and beverage industry, rising awareness about the health benefits of seaweeds, and growing demand for animal feed. However, factors such as high price volatility and limited availability may restrain the growth of this market during the forecast period. On the basis of type, brown seaweed is expected to account for a major share of the global seaweeds market in 2018. This can be attributed to its wide range of applications in various industries such as food & beverages, animal feed, pharmaceuticals, nutraceuticals etc., and its high nutritional value.
Product Definition:
"A seaweed is a marine algae that grows in the ocean. Some seaweeds are used as food, such as nori and wakame. Seaweeds can also be used to make products like agar and carrageenan.
The importance of seaweeds lies in their ability to provide many useful compounds including antioxidants, anti-inflammatories, polysaccharides (helpful for gut health), vitamins (especially B vitamins) and minerals (including iodine, potassium, magnesium and zinc). Some species of seaweed are also high in protein.
Brown Seaweed:
Brown seaweed is a type of seaweed that is harvested from the Sargassum and Laminaria species. It has high nutritional value and can be used as an alternative for red algae (a source of food). The product contains vitamins, minerals, proteins & essential fatty acids. Brown seaweeds are rich in iodine which helps to prevent thyroid-related diseases such as goiter & cretinism along with preventing congenital defects in infants.
Red Seaweed:
Red seaweed is a type of seaweed that is harvested from the red algae family. It has been used in food products such as salads and soups for its nutritional content including vitamins, minerals, proteins & essential fatty acids. The product also contains various antioxidants which help in reducing the risk of cancer and heart diseases. Furthermore, it helps to reduce blood sugar levels after meals by increasing insulin sensitivity in the body which thereby reduces the occurrences of diabetes.
Application Insights:
Seaweed is widely used in food and beverage industry as it provides nutrition and functional benefits to the end-product. The application segment includes food & beverages, animal feed, cosmetics, pharmaceuticals and others. Food & beverage was the largest segment accounting for over 70% of global market revenue in 2017 owing to rising demand for healthy foods with nutritional value from countries such as China, Japan and Korea.
The increasing importance of protein-rich sources among geriatric population in developed countries including U.S., Canada, Australia is expected to boost product demand from 2018 to 2030. Moreover, growing awareness regarding weight management will further propel the product demand during this period owing to its abilityto reduce calorie intake without affecting diet quality whichis likely to drive growth during next eight years particularlyin North America where obesity rate has increased significantly over past two decades especiallyin California where seaweed consumption helps maintain a healthy body weight along with providing essential vitaminsand minerals required by human body (vitamin B6).
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from China, Japan, South Korea, Taiwan and India. Asia Pacific is also one of the major producers of seaweed with countries such as China and Korea being among top five globally in terms of production capacity.
The industry players are focusing on expanding their business operations by opening new plants or acquiring other companies due to high growth potential in these regions owing to increasing awareness about health benefits associated with sea vegetables coupled with growing consumer disposable income levels. For instance, In January 2018; Ito-Yokado Corporation acquired a majority stake (70%) stake owned by Ito Gakuen for USD X million for expansion purposes in food & beverage sector which specialises in producing Seaweed Snacks under Its brand name across Japan.
Growth Factors:
- Increasing demand for seaweeds in food and dietary supplements industry
- Rising awareness about the health benefits of seaweeds
- Growing popularity of seaweed-based products among consumers
- Proliferation of new applications for seaweeds in various industries
- Expansion of the global seagoing fishing fleet
Scope Of The Report
Report Attributes
Report Details
Report Title
Seaweeds Market Research Report
By Type
Brown Seaweed, Red Seaweed, Green Seaweed
By Application
Food & Beverages, Animal Feed, Other
By Companies
Cargill, DuPont, Groupe Roullier, Irish Seaweeds, Qingdao Gather Great Ocean Algae Industry Group, Annie Chun's, Chase Organics, GimMe Health Foods, Maine Coast Sea Vegetables, Mara Seaweed, Seasol, SeaSnax, Ocean Harvest Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Seaweeds Market Report Segments:
The global Seaweeds market is segmented on the basis of:
Types
Brown Seaweed, Red Seaweed, Green Seaweed
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Animal Feed, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cargill
- DuPont
- Groupe Roullier
- Irish Seaweeds
- Qingdao Gather Great Ocean Algae Industry Group
- Annie Chun's
- Chase Organics
- GimMe Health Foods
- Maine Coast Sea Vegetables
- Mara Seaweed
- Seasol
- SeaSnax
- Ocean Harvest Technology
Highlights of The Seaweeds Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Brown Seaweed
- Red Seaweed
- Green Seaweed
- By Application:
- Food & Beverages
- Animal Feed
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Seaweeds Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Seaweeds are a type of marine algae. They are composed of cells that can form fronds, blades, or mats. Seaweeds can be found in both salt and fresh water environments.
Some of the key players operating in the seaweeds market are Cargill, DuPont, Groupe Roullier, Irish Seaweeds, Qingdao Gather Great Ocean Algae Industry Group, Annie Chun's, Chase Organics, GimMe Health Foods, Maine Coast Sea Vegetables, Mara Seaweed, Seasol, SeaSnax, Ocean Harvest Technology.
The seaweeds market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Seaweeds Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Seaweeds Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Seaweeds Market - Supply Chain
4.5. Global Seaweeds Market Forecast
4.5.1. Seaweeds Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Seaweeds Market Size (000 Units) and Y-o-Y Growth
4.5.3. Seaweeds Market Absolute $ Opportunity
5. Global Seaweeds Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Seaweeds Market Size and Volume Forecast by Type
5.3.1. Brown Seaweed
5.3.2. Red Seaweed
5.3.3. Green Seaweed
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Seaweeds Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Seaweeds Market Size and Volume Forecast by Application
6.3.1. Food & Beverages
6.3.2. Animal Feed
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Seaweeds Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Seaweeds Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Seaweeds Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Seaweeds Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Seaweeds Demand Share Forecast, 2019-2026
9. North America Seaweeds Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Seaweeds Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Seaweeds Market Size and Volume Forecast by Application
9.4.1. Food & Beverages
9.4.2. Animal Feed
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Seaweeds Market Size and Volume Forecast by Type
9.7.1. Brown Seaweed
9.7.2. Red Seaweed
9.7.3. Green Seaweed
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Seaweeds Demand Share Forecast, 2019-2026
10. Latin America Seaweeds Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Seaweeds Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Seaweeds Market Size and Volume Forecast by Application
10.4.1. Food & Beverages
10.4.2. Animal Feed
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Seaweeds Market Size and Volume Forecast by Type
10.7.1. Brown Seaweed
10.7.2. Red Seaweed
10.7.3. Green Seaweed
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Seaweeds Demand Share Forecast, 2019-2026
11. Europe Seaweeds Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Seaweeds Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Seaweeds Market Size and Volume Forecast by Application
11.4.1. Food & Beverages
11.4.2. Animal Feed
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Seaweeds Market Size and Volume Forecast by Type
11.7.1. Brown Seaweed
11.7.2. Red Seaweed
11.7.3. Green Seaweed
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Seaweeds Demand Share, 2019-2026
12. Asia Pacific Seaweeds Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Seaweeds Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Seaweeds Market Size and Volume Forecast by Application
12.4.1. Food & Beverages
12.4.2. Animal Feed
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Seaweeds Market Size and Volume Forecast by Type
12.7.1. Brown Seaweed
12.7.2. Red Seaweed
12.7.3. Green Seaweed
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Seaweeds Demand Share, 2019-2026
13. Middle East & Africa Seaweeds Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Seaweeds Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Seaweeds Market Size and Volume Forecast by Application
13.4.1. Food & Beverages
13.4.2. Animal Feed
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Seaweeds Market Size and Volume Forecast by Type
13.7.1. Brown Seaweed
13.7.2. Red Seaweed
13.7.3. Green Seaweed
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Seaweeds Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Seaweeds Market: Market Share Analysis
14.2. Seaweeds Distributors and Customers
14.3. Seaweeds Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cargill
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DuPont
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Groupe Roullier
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Irish Seaweeds
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Qingdao Gather Great Ocean Algae Industry Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Annie Chun's
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Chase Organics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GimMe Health Foods
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Maine Coast Sea Vegetables
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mara Seaweed
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Seasol
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SeaSnax
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Ocean Harvest Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook