Global Seaweed Protein Market 2024-2028
The seaweed protein market is forecasted to grow by USD 366.63 mn during 2023-2028, accelerating at a CAGR of 10.1% during the forecast period. The report on the seaweed protein 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 growing health consciousness among consumers, growing hunger crisis across globe, and rising demand for seaweed-flavored food and beverages.
Technavio's seaweed protein market is segmented as below:
By Source
By Method
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the rising number of vegans and vegetarians as one of the prime reasons driving the seaweed protein market growth during the next few years. Also, growing strategies among seaweed protein vendors and growing application of seaweed protein in different end-user industries will lead to sizable demand in the market.
The report on the seaweed protein market covers the following areas:
- Seaweed protein market sizing
- Seaweed protein market forecast
- Seaweed protein 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 protein market vendors that include Acadian Seaplants Ltd., AquaPharm Laboratories, AtSeaNova, Cargill Inc., Cascadia Seaweed, Cornish Seaweed Co. Ltd., DuluxGroup Australia Pty Ltd., Ebb and Flow Seaweed, gimMe Health Foods Inc., J M Huber Corp., Kelp Products International Pty Ltd., Maine Coast Sea Vegetables Inc., Marcel Trading Corp., North Atlantic Organics Ltd., Ocean Harvest Technology Ltd., Oceans Balance, seagardenstore, Seakura, Seatech Bioproducts Corp., and The Seaweed Co.. Also, the seaweed protein 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.