Global Seaweed Market 2024-2028
The seaweed market is forecasted to grow by USD 5562.4 mn during 2023-2028, accelerating at a CAGR of 7.22% during the forecast period. The report on the seaweed market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing marketing strategies, rising demand for seaweed-flavored food and beverages, and growing health consciousness and increasing obese population base.
Technavio's seaweed market is segmented as below:
ByProduct
- Red seaweed
- Brown seaweed
- Green seaweed
ByApplication
- Agriculture
- Animal feed
- Human food
ByGeography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the rising demand for seaweed as a paleo diet as one of the prime reasons driving the seaweed market growth during the next few years. Also, increasing demand for low-calorie snacks and rising number of vegans and vegetarians will lead to sizable demand in the market.
The report on the seaweed market covers the following areas:
- Seaweed market sizing
- Seaweed market forecast
- Seaweed market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading seaweed market vendors that include Acadian Seaplants Ltd., Beijing Leili Agricultural Co. Ltd, Biostadt India Ltd., Branded Garden Products Ltd., BRANDT Inc., Cargill Inc., Compagnie Financiere et de Participations Roullier, COMPO EXPERT GmbH, Corbion nv, De Smaakspecialist, DuluxGroup Australia Pty Ltd., DuPont de Nemours Inc., Gelymar SA, gimMe Health Foods Inc., Indigrow Ltd., Irish Seaweeds, J M Huber Corp., Maine Coast Sea Vegetables Inc., Ocean Harvest Technology Ltd., and West Coast Marine Bio Processing Corp.. Also, the seaweed market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.