Seaweed Market - Global Industry Size Projected to Reach USD 18.36 Billion by 2033 | Growing at CAGR of 8.17%

The latest report by IMARC Group, titled "𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐬𝐞𝐚𝐰𝐞𝐞𝐝 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 𝟗.𝟎𝟏 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒. 𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐟𝐨𝐫𝐰𝐚𝐫𝐝, 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩 𝐞𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐬 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒𝐃 𝟏𝟖.𝟑𝟔 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟑, 𝐞𝐱𝐡𝐢𝐛𝐢𝐭𝐢𝐧𝐠 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟖.𝟏𝟕% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟓-𝟐𝟎𝟑𝟑", offers a comprehensive analysis of the global seaweed market share. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

𝐇𝐨𝐰 𝐁𝐢𝐠 𝐢𝐬 𝐭𝐡𝐞 𝐒𝐞𝐚𝐰𝐞𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭?

The global seaweed market size was valued at 𝐔𝐒𝐃 𝟗.𝟎𝟏 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 in 2024. Looking forward, IMARC Group estimates the market to reach 𝐔𝐒𝐃 𝟏𝟖.𝟑𝟔 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 by 2033, exhibiting a 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟖.𝟏𝟕% from 2025-2033.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭- https://www.imarcgroup.com/seaweed-market/requestsample

𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐞𝐚𝐰𝐞𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬:

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐒𝐞𝐚𝐰𝐞𝐞𝐝 𝐢𝐧 𝐅𝐨𝐨𝐝 𝐚𝐧𝐝 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

The increasing demand for seaweed in the food and beverage industry is propelling the growth of the global seaweed market. As food trends are shifting towards health-conscious diets seaweed is quickly gaining a reputation for being a nutrient-dense superfood due to its bountiful vitamins, minerals, and antioxidants. Seaweed's unique properties allow it to alienated into several products such as snacks, soups, salads, and even meat substitutes.

With the rise of veganism and plant-based diets, its adoption has also saw a growth due to seaweed being an excellent source of protein and essential amino acids. Moreover, the food sector is now incorporating seaweed based gelling and stabilizing additives like agar and carrageenan into their products. As people's perception of seaweed and its sustainability increases, so does the demand which in turn increases market growth.

𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐨𝐟 𝐒𝐞𝐚𝐰𝐞𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐚𝐫𝐦𝐚𝐜𝐞𝐮𝐭𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜 𝐒𝐞𝐜𝐭𝐨𝐫𝐬:

Other than the food sector, the pharmaceutical and cosmetic industries are becoming increasingly influential in the global seaweed market. Seaweed is now extensively used while formulating nutraceuticals and dietary supplements because of its rich content of bioactive compounds such as fuciodan and alginate which have anti-inflammatory, antiviral and antioxidant effects.

Owing to their moisture-retentive, anti-aging, and detoxifying properties, seaweed extracts are becoming increasingly preferred in cosmetics. The rising shift toward ethical and sustainable beauty practices has increased its demand even further. As new informative and cosmetic uses of seaweed continue to be discovered, it is expected to further proliferate across these industries, presenting abundant opportunities for industry players.

𝐑𝐢𝐬𝐢𝐧𝐠 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐨𝐟 𝐒𝐞𝐚𝐰𝐞𝐞𝐝 𝐢𝐧 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐁𝐢𝐨𝐟𝐮𝐞𝐥 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧:

Policymakers and industry players in the agriculture and biofuel sector are adopting seaweed as an eco-friendly alternative to combat environmental issues. In agriculture, seaweed extracted fertilizers are growing in popularity for their and soil fertility, and crop yields, all while curbing the use of chemicals.

Seaweeds are also naturally rich in plant growth promoters like cytokinins and auxins, making it an unfettered choice for farmers. Meanwhile, the biofuel sector is assessing the feasibility of seaweed as a biomass fuel because of its abundant productivity in any water body without the need for cultivable land. As the world intensifies the fight against climate change, the use and demand for seaweed in these industries is bound to increase making it a crucial catalyst for sustainable development.

𝐓𝐨𝐩 𝐒𝐞𝐚𝐰𝐞𝐞𝐝𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐋𝐞𝐚𝐝𝐞𝐫𝐬:

According to the research report, here are some of the top leading companies operating in the seaweed industry:

• Acadian Seaplants Limited
• Cargill Incorporated
• DuPont de Nemours, Inc.
• Irish Seaweeds
• Leili
• Mara Seaweeds
• Qingdao Gather Great Ocean Algae Industry Group (GGOG)

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐎𝐮𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐭𝐬 𝐟𝐨𝐫 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐑𝐞𝐪𝐮𝐞𝐬𝐭𝐬, 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧, 𝐚𝐧𝐝 𝐈𝐧𝐪𝐮𝐢𝐫𝐢𝐞𝐬 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.imarcgroup.com/request?type=report&id=1799&flag=C

𝐒𝐞𝐚𝐰𝐞𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The rising seaweed market is becoming increasingly globalized because of shifting demand, innovations on technology, and a more general concern about sustainability. One of the more important trends is the increasing focus seaweed as a resource. Given the current state of the world, seaweed farming is regarded as a remedy for environmental issues because it has a low carbon footprint, it can absorb nutrients in water, and it helps to restore marine ecosystems. Another important trend is the increasing use of seaweed across industries. Seaweed is no longer restricted to the food business only.

It is now used for pharmaceuticals, cosmetics, agriculture, and even biofuels, showcasing its wide scope and possibilities. Technological advancements like offshore farming and automated harvesting also improve productivity and scalability. Moreover, with the growth of e-commerce and digital marketing, seaweed-based goods have become accessible to a wider audience. As health-conscious consumers keep on looking for natural ingredients, the requirement for seaweed is expected to rise, confirming its position as a pillar of the global sustainable economy.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐞𝐚𝐰𝐞𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭:

• Aquaculture
• Wild Harvest

According to the report, aquaculture represented the largest segment.

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:

• Processed Foods
• Direct Human Consumption
• Hydrocolloids
• Fertilizers
• Animal Feed Additives
• Others

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭:

• Red
• Brown
• Green

According to the report, red seaweed accounted for the largest market share.

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐑𝐞𝐠𝐢𝐨𝐧:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

According to the report, Asia Pacific was the largest market for seaweed.

𝐍𝐨𝐭𝐞: 𝐅𝐨𝐫 𝐚𝐧𝐲 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐛𝐞𝐲𝐨𝐧𝐝 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭'𝐬 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐬𝐜𝐨𝐩𝐞, 𝐰𝐞 𝐨𝐟𝐟𝐞𝐫 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐭𝐨 𝐦𝐞𝐞𝐭 𝐲𝐨𝐮𝐫 𝐧𝐞𝐞𝐝𝐬.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐒:

IMARC Group
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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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This release was published on openPR.