Market Overview:
The global seaweed products market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for seaweed products from various applications such as food, feed, cosmetic and medicine, industrial and others. Moreover, the growing awareness about the health benefits of consuming seaweed products is also fuelling the demand for these products across the globe. On basis of type, red algae segment accounted for a major share of global seaweed product market in 2017 and is expected to maintain its dominance throughout the forecast period. This can be attributed to high nutritional value offered by red algae compared to other types of algae.
Product Definition:
The definition of seaweed products is that they are a range of plant-based substances which are extracted from seaweed. They can be used as an additive in food, as a health supplement, or in skin care products. Seaweed is a rich source of minerals and vitamins, and has anti-inflammatory and antioxidant properties. It can be used to help improve skin health, reduce inflammation, and boost the immune system.
Red Algae:
Red algae, also known as H. pluvialis or Erythropsidium, is a unicellular microalgae that belongs to the division Chlorophyta. It is found in freshwater and marine environments worldwide and can grow up to 1 m in length.
Brown Algae:
Brown algae is a group of photosynthetic organisms found in the seawater. Seaweeds contain large amounts of soluble minerals such as iron, calcium and magnesium along with vitamins and proteins. Brown algae are rich in antioxidants, polysaccharides and carotenoids which act as anti-cancer agents against human cancer cells. The antioxidant property helps to prevent cell damage from harmful effects of UV radiation; thus it is used for skin protection against UV rays which can cause skin aging problems.
Application Insights:
Seaweed is widely used in food, feed, cosmetic and medicine industries. Food application dominated the global market with a share of over 60% in 2017. The product has high nutritional value and is considered as one of the best sources for dietary fiber, which makes it suitable for use in food applications.
The feed segment is expected to witness significant growth over the forecast period owing to rising demand from livestock farmers across various regions including China India Indonesia Vietnam etc. Rising meat consumption coupled with increasing population has led to an increased demand for animal protein sources such as fish that can be provided through seaweed farming activities without compromising on profit margins or costs involved.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of manufacturers coupled with increasing demand from countries such as China, Japan, South Korea, Taiwan and India are some factors contributing to regional growth. In addition, growing population along with rising disposable income levels in these countries has resulted in increased consumption seaweed-based products for food and nutritional supplements.
North America accounted for a significant share owing to high product demand from end-use industries such as cosmetics and medicine. High consumer awareness regarding health benefits associated with seaweed products is anticipated to augment industry size over the forecast period. Europe also contributed significantly towards industry growth due to rapid increase in production facilities located along Mediterranean Sea coastlines including Italy Spain France Greece etc., which export majority of their produce within European region or export it globally via other sea routes hence reducing overall time expenditure involved with transport by approximately 50%.
Growth Factors:
- Increasing demand for seaweed products in the food and beverage industry as a natural preservative and flavoring agent.
- Seaweed is a rich source of antioxidants, vitamins, minerals, and essential fatty acids that promote good health.
- Growing awareness about the health benefits of seaweed products is driving their demand among consumers.
- Seaweed extracts are being used in various personal care products such as skin care creams, shampoos, soaps, etc., due to their therapeutic properties.
- The increasing popularity of sushi and other seafood dishes has led to an increase in the demand for seaweed products worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Seaweed Products Market Research Report
By Type
Red Algae, Brown Algae, Green Algae, Others
By Application
Food, Feed, Cosmetic and Medicine, Industrial, Others(Agricultural Fertilizer etc.)
By Companies
Seakura, Kelpak, Seagate Products, Cargill, Irish Seaweeds, AlgAran, Dakini Tidal Wilds, Wild Irish Sea Veg, Weihai Shidai Marine Biotechnology, Shandong Lidao Oceanic Technology, Fujian Lianjiang Tianyuan Aquatic, Xunshan Group, Qingdao Gather Great Ocean Algae, Fujian Yiyuan Sea Food Company, Fujian Huangqiwan Sea Food Biotechnology, Rongcheng Lidao Chenfenzhuang Hongqiang Kelp Factory, Rongcheng Lidao Chenfenzhuang Weijian Kelp Factory, Rongcheng Yandunjiao Aquatic Company, Shandong Gaolv Aquatic Company, Shandong Haizhibao Technology, Matsumaeya
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Seaweed Products Market Report Segments:
The global Seaweed Products market is segmented on the basis of:
Types
Red Algae, Brown Algae, Green Algae, Others
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, Feed, Cosmetic and Medicine, Industrial, Others(Agricultural Fertilizer etc.)
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:
- Seakura
- Kelpak
- Seagate Products
- Cargill
- Irish Seaweeds
- AlgAran
- Dakini Tidal Wilds
- Wild Irish Sea Veg
- Weihai Shidai Marine Biotechnology
- Shandong Lidao Oceanic Technology
- Fujian Lianjiang Tianyuan Aquatic
- Xunshan Group
- Qingdao Gather Great Ocean Algae
- Fujian Yiyuan Sea Food Company
- Fujian Huangqiwan Sea Food Biotechnology
- Rongcheng Lidao Chenfenzhuang Hongqiang Kelp Factory
- Rongcheng Lidao Chenfenzhuang Weijian Kelp Factory
- Rongcheng Yandunjiao Aquatic Company
- Shandong Gaolv Aquatic Company
- Shandong Haizhibao Technology
- Matsumaeya
Highlights of The Seaweed Products 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:
- Red Algae
- Brown Algae
- Green Algae
- Others
- By Application:
- Food
- Feed
- Cosmetic and Medicine
- Industrial
- Others(Agricultural Fertilizer etc.)
- 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 Seaweed Products 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?
Seaweed products are made from the dried and ground up seaweed that is used as a food supplement, fertilizer, or pesticide.
Some of the major companies in the seaweed products market are Seakura, Kelpak, Seagate Products, Cargill, Irish Seaweeds, AlgAran, Dakini Tidal Wilds, Wild Irish Sea Veg, Weihai Shidai Marine Biotechnology, Shandong Lidao Oceanic Technology, Fujian Lianjiang Tianyuan Aquatic, Xunshan Group, Qingdao Gather Great Ocean Algae, Fujian Yiyuan Sea Food Company, Fujian Huangqiwan Sea Food Biotechnology, Rongcheng Lidao Chenfenzhuang Hongqiang Kelp Factory, Rongcheng Lidao Chenfenzhuang Weijian Kelp Factory, Rongcheng Yandunjiao Aquatic Company, Shandong Gaolv Aquatic Company, Shandong Haizhibao Technology, Matsumaeya.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Seaweed Products 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 Seaweed Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Seaweed Products 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 Seaweed Products 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 Seaweed Products Market Size & Forecast, 2018-2028
4.5.1 Seaweed Products Market Size and Y-o-Y Growth
4.5.2 Seaweed Products Market Absolute $ Opportunity
Chapter 5 Global Seaweed Products 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 Seaweed Products Market Size Forecast by Type
5.2.1 Red Algae
5.2.2 Brown Algae
5.2.3 Green Algae
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Seaweed Products 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 Seaweed Products Market Size Forecast by Applications
6.2.1 Food
6.2.2 Feed
6.2.3 Cosmetic and Medicine
6.2.4 Industrial
6.2.5 Others(Agricultural Fertilizer etc.)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Seaweed Products 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 Seaweed Products 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 Seaweed Products Analysis and Forecast
9.1 Introduction
9.2 North America Seaweed Products 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 Seaweed Products Market Size Forecast by Type
9.6.1 Red Algae
9.6.2 Brown Algae
9.6.3 Green Algae
9.6.4 Others
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 Seaweed Products Market Size Forecast by Applications
9.10.1 Food
9.10.2 Feed
9.10.3 Cosmetic and Medicine
9.10.4 Industrial
9.10.5 Others(Agricultural Fertilizer etc.)
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 Seaweed Products Analysis and Forecast
10.1 Introduction
10.2 Europe Seaweed Products 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 Seaweed Products Market Size Forecast by Type
10.6.1 Red Algae
10.6.2 Brown Algae
10.6.3 Green Algae
10.6.4 Others
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 Seaweed Products Market Size Forecast by Applications
10.10.1 Food
10.10.2 Feed
10.10.3 Cosmetic and Medicine
10.10.4 Industrial
10.10.5 Others(Agricultural Fertilizer etc.)
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 Seaweed Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Seaweed Products 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 Seaweed Products Market Size Forecast by Type
11.6.1 Red Algae
11.6.2 Brown Algae
11.6.3 Green Algae
11.6.4 Others
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 Seaweed Products Market Size Forecast by Applications
11.10.1 Food
11.10.2 Feed
11.10.3 Cosmetic and Medicine
11.10.4 Industrial
11.10.5 Others(Agricultural Fertilizer etc.)
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 Seaweed Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Seaweed Products 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 Seaweed Products Market Size Forecast by Type
12.6.1 Red Algae
12.6.2 Brown Algae
12.6.3 Green Algae
12.6.4 Others
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 Seaweed Products Market Size Forecast by Applications
12.10.1 Food
12.10.2 Feed
12.10.3 Cosmetic and Medicine
12.10.4 Industrial
12.10.5 Others(Agricultural Fertilizer etc.)
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) Seaweed Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Seaweed Products 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) Seaweed Products Market Size Forecast by Type
13.6.1 Red Algae
13.6.2 Brown Algae
13.6.3 Green Algae
13.6.4 Others
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) Seaweed Products Market Size Forecast by Applications
13.10.1 Food
13.10.2 Feed
13.10.3 Cosmetic and Medicine
13.10.4 Industrial
13.10.5 Others(Agricultural Fertilizer etc.)
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 Seaweed Products Market: Competitive Dashboard
14.2 Global Seaweed Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Seakura
14.3.2 Kelpak
14.3.3 Seagate Products
14.3.4 Cargill
14.3.5 Irish Seaweeds
14.3.6 AlgAran
14.3.7 Dakini Tidal Wilds
14.3.8 Wild Irish Sea Veg
14.3.9 Weihai Shidai Marine Biotechnology
14.3.10 Shandong Lidao Oceanic Technology
14.3.11 Fujian Lianjiang Tianyuan Aquatic
14.3.12 Xunshan Group
14.3.13 Qingdao Gather Great Ocean Algae
14.3.14 Fujian Yiyuan Sea Food Company
14.3.15 Fujian Huangqiwan Sea Food Biotechnology
14.3.16 Rongcheng Lidao Chenfenzhuang Hongqiang Kelp Factory
14.3.17 Rongcheng Lidao Chenfenzhuang Weijian Kelp Factory
14.3.18 Rongcheng Yandunjiao Aquatic Company
14.3.19 Shandong Gaolv Aquatic Company
14.3.20 Shandong Haizhibao Technology
14.3.21 Matsumaeya
