Global Commercial Seaweed Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Brown Seaweed, Green Seaweed, and Red Seaweed.

By Application;

Food and Beverage, Dietary Supplements, Pharmaceuticals, and Others.

By Form;

Powder, Flakes, Liquid.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn695625721 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Commercial Seaweed Market (USD Million), 2021 - 2031

In the year 2024, the Global Commercial Seaweed Market was valued at USD 20,319.43 million. The size of this market is expected to increase to USD 34,375.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.

Farmers are increasingly turning to seaweed extract as a potent fertilizer for crop production, recognizing its ability to boost productivity through unique mechanisms. As awareness of seaweed's benefits in agriculture grows, farmers are witnessing enhanced root structures in plants and improved soil health, including better soil microbiology, structure, and water retention capacity. These advantages are driving the demand for seaweed extract in agriculture, with expectations of continued growth in the coming years.

In addition to its role in agriculture, seaweed offers nutritional and health benefits that contribute to its rising popularity. Seaweed is a rich source of iodine, a nutrient often lacking in other foods. It also helps regulate hormone levels in the human body. Consuming seaweed and its derivatives can promote feelings of fullness, reduce post-meal glucose and lipid absorption, and aid in the development of anti-obesity foods. Furthermore, seaweed's antimicrobial properties make it a valuable ingredient in food products, providing natural preservation benefits.

The increasing focus on environmental sustainability is reshaping consumer preferences and driving demand for eco-friendly products. Macroalgae, or seaweed, cultivation is gaining traction as a sustainable practice due to the fast-growing nature of algae, its nutrient-rich composition, and its ability to absorb carbon dioxide and release oxygen. The growing popularity of plant-based diets and veganism is further fueling demand for seaweed, aligning with trends that prioritize sustainability and plant-based nutrition. According to the Good Food Institute's 2021 State of the Industry Report, plant-based meat sales surged by nearly 50% from 2019 to 2021, indicating a strong consumer shift towards plant-based products.

Seaweed holds potential as a renewable biomass for energy production. Through a process that involves crushing seaweed into a slurry and fermenting it with microorganisms, methane gas can be produced. This methane gas powers gas engines to generate electricity, showcasing seaweed's potential as a renewable energy source. Additionally, ongoing research and development efforts by industry leaders are expanding the applications of seaweed, leading to innovations in gums, preservatives, thickeners, and more. These advancements in seaweed technology and its diverse applications are expected to drive further market growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Form
    4. Market Snapshot, By Region
  4. Global Commercial Seaweed Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Awareness of Health Benefits
        2. Sustainable Agriculture Practices
        3. Rising Demand for Natural and Organic Products
        4. Innovations and Product Development
      2. Restraints
        1. Environmental Concerns and Sustainability Challenges
        2. Seasonal Variability and Supply Chain Disruptions
        3. Regulatory and Compliance Issues
        4. Limited Consumer Awareness and Acceptance
      3. Opportunities
        1. Growing Demand for Functional Foods and Nutraceuticals
        2. Expansion of Seaweed Cultivation and Farming
        3. Technological Innovations and Product Development
        4. Expanding Applications in Various Industries
    2. PEST Analysis???????
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Commercial Seaweed Market, By Product Type, 2021 - 2031 (USD Million)
      1. Brown Seaweed
      2. Green Seaweed
      3. Red Seaweed
    2. Global Commercial Seaweed Market, By Application, 2021 - 2031 (USD Million)
      1. Food and Beverage
      2. Dietary Supplements
      3. Pharmaceuticals
      4. Others
    3. Global Commercial Seaweed Market, By Form, 2021 - 2031 (USD Million)
      1. Powder
      2. Flakes
      3. Liquid
    4. Global Commercial Seaweed Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cargill Incorporated
      2. DuPont
      3. Acadian Seaplants
      4. CP Kelco US Inc.
      5. Brandt Consolidated Inc.
      6. Seasol International
      7. Gelymar
      8. Algaia SA
  7. Analyst Views
  8. Future Outlook of the Market