Global Seaweed Extracts Market Size study, by Source (Red Seaweed, Brown Seaweed, Green Seaweed), by Form (Liquid, Powder, Flakes), by Application (Food and Beverages, Agriculture, Pharmaceuticals, Others) and Regional Forecasts 2023-2032
Global Seaweed Extracts Market is valued at approximately USD 2.12 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 6% over the forecast period 2024-2032. Seaweed extracts slurry is used in agriculture for several purposes owing to its beneficial properties, which drive the growth of the market in the agricultural sector. These extracts from seaweeds stimulate plant growth and improve yields in major crop plants such as carrots, cauliflower, wheat, lettuce, among others. As a result, these extracts help to stimulate root and shoot growth, which leads to increased overall plant growth and higher crop production.
The growing demand for natural ingredients is significantly impacting the market for seaweed extracts. Consumers are increasingly seeking products with natural and organic components due to heightened health awareness and a preference for cleaner labels. This trend is evident in the broader natural and organic products market, which is experiencing substantial growth. Moreover, the expansion in emerging markets and innovation in applications present various lucrative opportunities over the forecast years. However, the supply chain and harvesting issues and regulatory hurdles are challenging the market growth throughout the forecast period of 2024-2032.
The key regions considered for the Global Seaweed Extracts Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is a dominating region in the Global Seaweed Extracts Market in terms of revenue. The market growth in the region is being attributed largely to its extensive seaweed farming and consumption. Countries like China, Japan, and South Korea have long histories of using seaweed in culinary and traditional applications, making the region the largest producer and consumer of seaweed extracts. Whereas, the market in North America is anticipated to grow at the fastest rate over the forecast period fueled by increasing consumer awareness of the health benefits of seaweed, coupled with a rising demand for natural and organic ingredients in food and personal care products.
Major market players included in this report are:
Maine Coast Sea Vegetables, Inc.
Humate (Tianjin) International Limited
Suboneyo Chemicals Pharmaceuticals P Limited
Sushil Corporation
Kelp Products International
Changsha New-Nutri Agriculture & Technology Co., Ltd.
Technaflora Plant Products
North American Kelp
Tagrow Co., Ltd.
Ocean Rainforest, Inc.
Cargill, Incorporated
Alginate Industries Ltd.
DuPont de Nemours, Inc.
Kanegrade Ltd.
Gelymar S.A.
The detailed segments and sub-segment of the market are explained below:
By Source:
Red Seaweed
Brown Seaweed
Green Seaweed
By Form:
Liquid
Powder
Flakes
By Application:
Food and Beverages
Agriculture
Pharmaceuticals
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
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- Chapter 1. Global Seaweed Extracts Market Executive Summary
- 1.1. Global Seaweed Extracts Market Size & Forecast (2023-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Source
- 1.3.2. By Form
- 1.3.3. By Application
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
- Chapter 2. Global Seaweed Extracts Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Seaweed Extracts Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Growing Demand for Natural Ingredients
- 3.1.2. Rising Awareness of Health Benefits
- 3.2. Market Challenges
- 3.2.1. Supply Chain and Harvesting Issues
- 3.2.2. Regulatory Hurdles
- 3.3. Market Opportunities
- 3.3.1. Expansion in Emerging Markets
- 3.3.2. Innovation in Applications
- Chapter 4. Global Seaweed Extracts Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Seaweed Extracts Market Size & Forecasts by Source 2023-2032
- 5.1. Segment Dashboard
- 5.2. Global Seaweed Extracts Market: Source Revenue Trend Analysis, 2023 & 2032 (USD Billion)
- 5.2.1. Red Seaweed
- 5.2.2. Brown Seaweed
- 5.2.3. Green Seaweed
- Chapter 6. Global Seaweed Extracts Market Size & Forecasts by Form 2023-2032
- 6.1. Segment Dashboard
- 6.2. Global Seaweed Extracts Market: Form Revenue Trend Analysis, 2023 & 2032 (USD Billion)
- 6.2.1. Liquid
- 6.2.2. Powder
- 6.2.3. Flakes
- Chapter 7. Global Seaweed Extracts Market Size & Forecasts by Application 2023-2032
- 7.1. Segment Dashboard
- 7.2. Global Seaweed Extracts Market: Application Revenue Trend Analysis, 2023 & 2032 (USD Billion)
- 7.2.1. Food and Beverages
- 7.2.2. Agriculture
- 7.2.3. Pharmaceuticals
- 7.2.4. Others
- Chapter 8. Global Seaweed Extracts Market Size & Forecasts by Region 2023-2032
- 8.1. North America Seaweed Extracts Market
- 8.1.1. U.S. Seaweed Extracts Market
- 8.1.1.1. Source breakdown size & forecasts, 2023-2032
- 8.1.1.2. Form breakdown size & forecasts, 2023-2032
- 8.1.1.3. Application breakdown size & forecasts, 2023-2032
- 8.1.2. Canada Seaweed Extracts Market
- 8.2. Europe Seaweed Extracts Market
- 8.2.1. U.K. Seaweed Extracts Market
- 8.2.2. Germany Seaweed Extracts Market
- 8.2.3. France Seaweed Extracts Market
- 8.2.4. Spain Seaweed Extracts Market
- 8.2.5. Italy Seaweed Extracts Market
- 8.2.6. Rest of Europe Seaweed Extracts Market
- 8.3. Asia-Pacific Seaweed Extracts Market
- 8.3.1. China Seaweed Extracts Market
- 8.3.2. India Seaweed Extracts Market
- 8.3.3. Japan Seaweed Extracts Market
- 8.3.4. Australia Seaweed Extracts Market
- 8.3.5. South Korea Seaweed Extracts Market
- 8.3.6. Rest of Asia Pacific Seaweed Extracts Market
- 8.4. Latin America Seaweed Extracts Market
- 8.4.1. Brazil Seaweed Extracts Market
- 8.4.2. Mexico Seaweed Extracts Market
- 8.4.3. Rest of Latin America Seaweed Extracts Market
- 8.5. Middle East & Africa Seaweed Extracts Market
- 8.5.1. Saudi Arabia Seaweed Extracts Market
- 8.5.2. South Africa Seaweed Extracts Market
- 8.5.3. Rest of Middle East & Africa Seaweed Extracts Market
- Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Maine Coast Sea Vegetables, Inc.
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Market Strategies
- 9.3.2. Humate (Tianjin) International Limited
- 9.3.3. Suboneyo Chemicals Pharmaceuticals P Limited
- 9.3.4. Sushil Corporation
- 9.3.5. Kelp Products International
- 9.3.6. Changsha New-Nutri Agriculture & Technology Co., Ltd.
- 9.3.7. Technaflora Plant Products
- 9.3.8. North American Kelp
- 9.3.9. Tagrow Co., Ltd.
- 9.3.10. Ocean Rainforest, Inc.
- 9.3.11. Cargill, Incorporated
- 9.3.12. Alginate Industries Ltd.
- 9.3.13. DuPont de Nemours, Inc.
- 9.3.14. Kanegrade Ltd.
- 9.3.15. Gelymar S.A.
- Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- List of Tables
- TABLE 1. Global Seaweed Extracts market, report scope
- TABLE 2. Global Seaweed Extracts market estimates & forecasts by Region 2023-2032 (USD Billion)
- TABLE 3. Global Seaweed Extracts market estimates & forecasts by Source 2023-2032 (USD Billion)
- TABLE 4. Global Seaweed Extracts market estimates & forecasts by Form 2023-2032 (USD Billion)
- TABLE 5. Global Seaweed Extracts market estimates & forecasts by Application 2023-2032 (USD Billion)
- TABLE 6. Global Seaweed Extracts market by region, estimates & forecasts, 2023-2032 (USD Billion)
- TABLE 7. Global Seaweed Extracts market by segment, estimates & forecasts, 2023-2032 (USD Billion)
- TABLE 8. Global Seaweed Extracts market by region, estimates & forecasts, 2023-2032 (USD Billion)
- TABLE 9. Global Seaweed Extracts market by segment, estimates & forecasts, 2023-2032 (USD Billion)
- TABLE 10. Global Seaweed Extracts market by region, estimates & forecasts, 2023-2032 (USD Billion)
- TABLE 11. Global Seaweed Extracts market by segment, estimates & forecasts, 2023-2032 (USD Billion)
- TABLE 12. Global Seaweed Extracts market by region, estimates & forecasts, 2023-2032 (USD Billion)
- TABLE 13. Global Seaweed Extracts market by segment, estimates & forecasts, 2023-2032 (USD Billion)
- TABLE 14. Global Seaweed Extracts market by region, estimates & forecasts, 2023-2032 (USD Billion)
- TABLE 15. U.S. Seaweed Extracts market estimates & forecasts, 2023-2032 (USD Billion)
- TABLE 16. U.S. Seaweed Extracts market estimates & forecasts by segment 2023-2032 (USD Billion)
- TABLE 17. U.S. Seaweed Extracts market estimates & forecasts by segment 2023-2032 (USD Billion)
- TABLE 18. Canada Seaweed Extracts market estimates & forecasts, 2023-2032 (USD Billion)
- TABLE 19. Canada Seaweed Extracts market estimates & forecasts by segment 2023-2032 (USD Billion)
- TABLE 20. Canada Seaweed Extracts market estimates & forecasts by segment 2023-2032 (USD Billion)
- This list is not complete; the final report does contain more than 100 tables. The list may be updated in the final deliverable.
- List of Figures
- FIGURE 1. Global Seaweed Extracts market, research methodology
- FIGURE 2. Global Seaweed Extracts market, market estimation techniques
- FIGURE 3. Global market size estimates & forecast methods.
- FIGURE 4. Global Seaweed Extracts market, key trends 2023
- FIGURE 5. Global Seaweed Extracts market, growth prospects 2023-2032
- FIGURE 6. Global Seaweed Extracts market, porters 5 force model
- FIGURE 7. Global Seaweed Extracts market, PESTEL analysis
- FIGURE 8. Global Seaweed Extracts market, value chain analysis
- FIGURE 9. Global Seaweed Extracts market by segment, 2023 & 2032 (USD Billion)
- FIGURE 10. Global Seaweed Extracts market by segment, 2023 & 2032 (USD Billion)
- FIGURE 11. Global Seaweed Extracts market by segment, 2023 & 2032 (USD Billion)
- FIGURE 12. Global Seaweed Extracts market by segment, 2023 & 2032 (USD Billion)
- FIGURE 13. Global Seaweed Extracts market by segment, 2023 & 2032 (USD Billion)
- FIGURE 14. Global Seaweed Extracts market, regional snapshot 2023 & 2032
- FIGURE 15. North America Seaweed Extracts market 2023 & 2032 (USD Billion)
- FIGURE 16. Europe Seaweed Extracts market 2023 & 2032 (USD Billion)
- FIGURE 17. Asia Pacific Seaweed Extracts market 2023 & 2032 (USD Billion)
- FIGURE 18. Latin America Seaweed Extracts market 2023 & 2032 (USD Billion)
- FIGURE 19. Middle East & Africa Seaweed Extracts market 2023 & 2032 (USD Billion)
- FIGURE 20. Global Seaweed Extracts amarket, company market share analysis (2023)
- This list is not complete; the final report does contain more than 50 figures. The list may be updated in the final deliverable.
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