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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Key Industry Players in the Commercial Seaweed Industry
The report presents a detailed analysis of the following key players in the global commercial seaweed market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Cargill, Incorporated.
- Seasol International Pty Ltd.
- Indigrow Ltd.
- IFF Nutrition & Biosciences (Dupont)
- Acadian Seaplants Limited
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Commercial Seaweed Market Report Snapshots
Commercial Seaweed Market Size
Commercial Seaweed Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global commercial seaweed market is projected to grow at a CAGR of 9.8% between 2024 and 2032.
The major drivers of the market include the growing technological developments in cultivating seaweed, growing consumer awareness regarding the benefits of nutritional food, increasing product demand in the regional food industry, and rising consumption of organic and non-GMO ingredients.
The multiple applications of seaweed, including food, cattle feed and cosmetics and the rising investments in application segments, including animal feed and agriculture are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different types of commercial seaweed are brown seaweed, red seaweed, and green seaweed, among others.
Based on form, the market is classified into liquid and powdered, among others.
The major applications of the market are agriculture, animal feed, food and beverages, among others.
Seaweeds are used as human foods, cosmetics, fertilisers, and to extract industrial chemicals and gums. They may be utilised as a source of long- and short-chain compounds for both industrial and medical applications.
Off the shores of China, Indonesia, the Philippines, South Korea, and Japan, vast sea-based farms produce a significant portion of the world's seaweed. Most of this seaweed is dried (or occasionally blanched) and used for food, animal feed, and industrial uses like thickeners for toothpaste.
Red seaweeds are an excellent vegetarian source of complete protein since they have all the key amino acids that the body needs. Iodine, which supports healthy thyroid function, can also be found in red seaweeds.
The major players in the industry are Cargill, Incorporated., Seasol International Pty Ltd., Indigrow Ltd., IFF Nutrition & Biosciences (Dupont), and Acadian Seaplants Limited, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124