Market Overview:
The global kelp market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for kelp from the food, pharmaceutical, and cosmetic industries. Kelp is a type of seaweed that is rich in nutrients and minerals such as iodine, potassium, magnesium, calcium, and zinc. It is also a good source of dietary fiber and antioxidants. These properties make kelp an ideal ingredient for various applications in the food industry such as bakery products, confectionery items, meat products etc.
Product Definition:
Kelp is a type of seaweed that grows in cold, shallow water. Kelp is important because it contains high levels of iodine, which is used to make thyroid hormones.
Fresh Kelp:
Fresh kelp is a form of seaweed that is harvested from the surface of the ocean. It has several nutritional benefits and can be used as an alternative to meat, eggs, and dairy products. The primary factor driving fresh kelp market growth is its high protein content which ranges between 20-30% depending on variety.
Dried Kelp:
Dried kelp is a type of seaweed that has been harvested, processed, and packaged in a variety of forms. It can be used as an alternative to the more conventional sources such as soy sauce or tamari for those who are gluten-intolerant or allergic to soy. Dried kelp also finds use in vegan cooking where it is reconstituted with water and used as a vegetarian substitute for fish sauces or oyster sauce.
Application Insights:
The food segment led the global market and accounted for more than 70.0% share of the overall revenue in 2017. The product is widely used as a source of dietary fiber, minerals, vitamins and fatty acids owing to its high nutritional content. The growing population across the world has resulted in an increased demand for seafood, which is driving growth in this segment.
Kelp plays an important role as a functional ingredient in various pharmaceutical formulations including tablets & capsules (as anti-oxidants), creams & lotions (for skin conditions) and injections (for joint pain). It can be used to treat cardiovascular diseases due to its cholesterol-lowering properties; these factors are expected to drive demand over the forecast period. Moreover, it also helps reduce menopausal symptoms such as hot flashes and night sweats on account of its antioxidant properties that help prevent cellular damage caused by free radicals present during menopause transition phase.
Regional Analysis:
Europe accounted for the largest share of over 25% in 2017. The region is expected to witness a significant growth rate of 5.6% from 2018 to 2030 owing to the presence of stringent regulations regarding water consumption and usage in countries, such as Germany, U.K., France, and Italy among others.
The Asia Pacific held a revenue share of over 15% in 2017 owing Kelp on account its multiple benefits including nutritional enrichment food supplements and pharmaceutical applications due to which it is used as an additive across various industries including animal feed & pet care among others to enhance product quality.
Growth Factors:
- Increasing demand for kelp as a functional food ingredient and dietary supplement
- Rising awareness of the health benefits of kelp among consumers
- Growing popularity of seaweed-based diets
- Proliferation of kelp farming and processing facilities worldwide
- Increased research on the therapeutic potential of kelp
Scope Of The Report
Report Attributes
Report Details
Report Title
Kelp Market Research Report
By Type
Fresh Kelp, Dried Kelp
By Application
Food, Pharmaceutical, Cosmetic
By Companies
Atlantic Holdfast Seaweed, Acadian SeaPlants, Main Coast Sea Vegetables, North America Kelp, Smart Organic AD, Seasol International, Cargill, DowDuPont, Roullier, Biostadt India, Compo
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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Kelp Market Report Segments:
The global Kelp market is segmented on the basis of:
Types
Fresh Kelp, Dried Kelp
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, Pharmaceutical, Cosmetic
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:
- Atlantic Holdfast Seaweed
- Acadian SeaPlants
- Main Coast Sea Vegetables
- North America Kelp
- Smart Organic AD
- Seasol International
- Cargill
- DowDuPont
- Roullier
- Biostadt India
- Compo
Highlights of The Kelp 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:
- Fresh Kelp
- Dried Kelp
- By Application:
- Food
- Pharmaceutical
- Cosmetic
- 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 Kelp 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?
Kelp is a type of seaweed. It is a brown or green algae that grows in shallow water. Kelp can be used as food, fertilizer, or fuel.
Some of the major companies in the kelp market are Atlantic Holdfast Seaweed, Acadian SeaPlants, Main Coast Sea Vegetables, North America Kelp, Smart Organic AD, Seasol International, Cargill, DowDuPont, Roullier, Biostadt India, Compo.
The kelp market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Kelp Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Kelp Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Kelp Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Kelp Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Kelp Market Size & Forecast, 2018-2028 4.5.1 Kelp Market Size and Y-o-Y Growth 4.5.2 Kelp Market Absolute $ Opportunity
Chapter 5 Global Kelp Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Kelp Market Size Forecast by Type
5.2.1 Fresh Kelp
5.2.2 Dried Kelp
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Kelp Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Kelp Market Size Forecast by Applications
6.2.1 Food
6.2.2 Pharmaceutical
6.2.3 Cosmetic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Kelp Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Kelp Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Kelp Analysis and Forecast
9.1 Introduction
9.2 North America Kelp Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Kelp Market Size Forecast by Type
9.6.1 Fresh Kelp
9.6.2 Dried Kelp
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Kelp Market Size Forecast by Applications
9.10.1 Food
9.10.2 Pharmaceutical
9.10.3 Cosmetic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Kelp Analysis and Forecast
10.1 Introduction
10.2 Europe Kelp Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Kelp Market Size Forecast by Type
10.6.1 Fresh Kelp
10.6.2 Dried Kelp
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Kelp Market Size Forecast by Applications
10.10.1 Food
10.10.2 Pharmaceutical
10.10.3 Cosmetic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Kelp Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Kelp Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Kelp Market Size Forecast by Type
11.6.1 Fresh Kelp
11.6.2 Dried Kelp
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Kelp Market Size Forecast by Applications
11.10.1 Food
11.10.2 Pharmaceutical
11.10.3 Cosmetic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Kelp Analysis and Forecast
12.1 Introduction
12.2 Latin America Kelp Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Kelp Market Size Forecast by Type
12.6.1 Fresh Kelp
12.6.2 Dried Kelp
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Kelp Market Size Forecast by Applications
12.10.1 Food
12.10.2 Pharmaceutical
12.10.3 Cosmetic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Kelp Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Kelp Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Kelp Market Size Forecast by Type
13.6.1 Fresh Kelp
13.6.2 Dried Kelp
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Kelp Market Size Forecast by Applications
13.10.1 Food
13.10.2 Pharmaceutical
13.10.3 Cosmetic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Kelp Market: Competitive Dashboard
14.2 Global Kelp Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlantic Holdfast Seaweed
14.3.2 Acadian SeaPlants
14.3.3 Main Coast Sea Vegetables
14.3.4 North America Kelp
14.3.5 Smart Organic AD
14.3.6 Seasol International
14.3.7 Cargill
14.3.8 DowDuPont
14.3.9 Roullier
14.3.10 Biostadt India
14.3.11 Compo