Market Overview:
The global seaweed syrup 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 healthy food and beverages, rising awareness about the benefits of seaweed syrup, and growing demand for aquatic seafood. However, factors such as high price of seaweed syrup and stringent regulations on use of additives in food products may restrain the growth of this market during the forecast period. On the basis of type, composite syrup accounted for a major share of the global seaweed syrup market in 2017. Composite syrups are made by blending different types or grades of seaweeds together with other ingredients such as sweeteners, flavors, colors, and preservatives. They offer various health benefits such as weight loss management and anti-inflammatory properties due to presenceof various nutrients present in them including iodine,, magnesium,, potassium,, zinc,, selenium,,and vitamins A,. B1,. B2,. C,. D.,and E In terms o application ,the food & beverage segment accounted for majority share o fthe globalseaweeds yrupmarketin2017 .
Product Definition:
A syrup made from seaweed, used chiefly as a flavoring agent in foods and beverages.
Composite Syrup:
Composite syrup is a mixture of water, sugar and flavoring agents. It is used as a substitute for simple syrup in many applications. The growth factor in seaweed syrup market? Composite syrups are made by mixing various flavors with water and sugar. The most common types of composite syrups include fruit-flavored composite syrups, chocolate composite syrups and mint-flavored compositesyrup to name a few.
Others:
Others include amino acids, minerals, vitamins and pigments. Seaweed Syrup contains a high concentration of these ingredients. Amino acids are the building blocks for protein. Proteins are vital to the human body as they help in cell repair and growth; therefore amino acid content in seaweed is important for health purpose.
Application Insights:
Seaweed is gaining popularity as a nutritious and healthy ingredient in food & beverage industry. It is used as an alternative to sugar in carbonated soft drinks (CSD), functional foods, bakery products, and confectionery items. Aquatic seafood is one of the major application areas where seaweed syrup finds application. In aquaculture industry, it is used for feed formulation for shrimp, crabs and lobsters among others.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of global production owing to high product demand from China, Japan, South Korea, Taiwan and India. Asia Pacific seaweed syrup market is projected to grow at a CAGR of XX% from 2018 to 2030 owing to increasing aquaculture activities in countries such as China and India that contribute towards increased consumption of seafood products across the world.
North America accounted for more than 10% share in 2017 due to rising demand for organic food products along with growing health awareness among consumers that has led them toward consuming healthier alternatives such as seaweed syrup instead of conventional sugar syrups used traditionally across many Asian countries including Japan, Indonesia Philippines & Thailand).
Growth Factors:
- Increasing demand for natural and organic products: The global market for organic food is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth is driven by the increasing awareness of the benefits of organic foods, rising disposable incomes, and changing lifestyles. Seaweed syrup is a natural product and hence has found favor among consumers looking for healthier alternatives.
- Growing popularity of seaweed-based products: Seaweed has been used as a food ingredient for centuries in Asia Pacific countries such as Japan and China. In recent years, its popularity has spread to other parts of the world, with manufacturers introducing seaweed-based products such as snacks, spreads, dressings, etc., into the market. This trend is likely to boost demand for seaweed syrup in the coming years.
- Rising demand from beverage industry: The global beverage industry is growing rapidly due to changing consumer preferences towards healthy drinks options such as juices, smoothies etc.. Seaweed syrup can be used as an ingredient in beverages to impart flavor and nutritional benefits simultaneously .This offers immense potential growth opportunities for players operating in this segment .
Scope Of The Report
Report Attributes
Report Details
Report Title
Seaweed Syrup Market Research Report
By Type
Composite Syrup, Others
By Application
Food & Beverage, Aquatic Seafood, Others
By Companies
Hayashibara, Jiangsu Ogo Biotech, Meihua Group, Dezhou Huiyang Biotech
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Seaweed Syrup Market Report Segments:
The global Seaweed Syrup market is segmented on the basis of:
Types
Composite Syrup, 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 & Beverage, Aquatic Seafood, Others
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:
- Hayashibara
- Jiangsu Ogo Biotech
- Meihua Group
- Dezhou Huiyang Biotech
Highlights of The Seaweed Syrup 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:
- Composite Syrup
- Others
- By Application:
- Food & Beverage
- Aquatic Seafood
- Others
- 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 Syrup 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 syrup is a type of sweetener made from seaweed. It is typically used in baking and other food preparations.
Some of the major companies in the seaweed syrup market are Hayashibara, Jiangsu Ogo Biotech, Meihua Group, Dezhou Huiyang Biotech.
The seaweed syrup 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 Seaweed Syrup 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 Syrup Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Seaweed Syrup 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 Syrup 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 Syrup Market Size & Forecast, 2020-2028
4.5.1 Seaweed Syrup Market Size and Y-o-Y Growth
4.5.2 Seaweed Syrup Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Composite Syrup
5.2.2 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Aquatic Seafood
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Seaweed Syrup 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 Syrup 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Composite Syrup
9.6.2 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 Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Aquatic Seafood
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Composite Syrup
10.6.2 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 Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Aquatic Seafood
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Composite Syrup
11.6.2 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 Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Aquatic Seafood
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Composite Syrup
12.6.2 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 Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Aquatic Seafood
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Composite Syrup
13.6.2 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) Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Aquatic Seafood
13.10.3 Others
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 Syrup Market: Competitive Dashboard
14.2 Global Seaweed Syrup Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hayashibara
14.3.2 Jiangsu Ogo Biotech
14.3.3 Meihua Group
14.3.4 Dezhou Huiyang Biotech
