The global seaweed market reached a production value of US$ 8.8 Billion in 2019. Seaweeds or macroalgae refer to several species of macroscopic, multicellular, and marine algae that grow in oceans, sea, lakes, rivers, and other water bodies. They are either obtained from aquaculture or wild harvest. Based on the high amount of minerals and vitamins in seaweeds, various hydrocolloids such as agar, alginate, gelatinous substances, and carrageenan can be extracted from them. Owing to several functional and health benefits, they find diversified applications in food & beverages, pharma products, wastewater treatment, bio-refining, and dietary supplements.
The rising demand for seaweed is augmented by the increasing consumption of seaweed in dietary supplements based on its nutritive content, flavor-enhancing, and weight loss properties. Moreover, seaweeds are rich in bioactive compounds, antioxidants, and antimicrobial properties, which makes them suitable for several medical purposes in the pharmaceutical industry. Additionally, the newer applications of seaweed, for instance, as a thickening agent in the textile industry as well as for enhancing yield, improving soil quality and crop protection in the agriculture industry, have also bolstered the product demand in recent times. Furthermore, the increasing investments in several R&D activities, coupled with the rising consumer awareness towards diversified applications of seaweed, are anticipated to catalyze the global seaweed market in the coming years. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.5% during 2020-2025.
Breakup by Environment:
Breakup by Product:
Breakup by Application:
- Processed Foods
- Direct Human Consumption
- Hydrocolloids
- Fertilizers
- Animal Feed Additives
- Others
Market Break by Region
- Asia Pacific
- China
- Indonesia
- Philippines
- South Korea
- North Korea
- Malaysi
- Vietnam
- Others
- North America
- Europe
- France
- Italy
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Argentina
- Chile
- Peru
- Others
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- South Africa
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Acadian Seaplants, Cargill, DuPont de Nemours, Inc., Irish Seaweeds, Leili, Mara Seaweeds, Qingdao Gather Great Ocean Algae Industry Group (GGOG), etc.
Key Questions Answered in This Report:
- How has the global seaweed market performed so far and how will it perform in the coming years?
- What is the breakup of the global seaweed market based on the environment?
- What is the breakup of the global seaweed market based on the product?
- What is the breakup of the global seaweed market based on the application?
- What are the key regional markets?
- What are the various stages in the value chain of the global seaweed industry?
- What are the key driving factors and challenges in the global seaweed market?
- What is the structure of global seaweed industry and who are the key players?
- What is the degree of competition in the global seaweed market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Seaweed Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Market Forecast
5.3.1 Volume Trends
5.3.2 Value Trends
6 Market Breakup by Environment
6.1 Aquaculture
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Wild Harvest
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Product
7.1 Red
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Brown
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Green
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Processed Foods
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Direct Human Consumption
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Hydrocolloids
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Fertilizers
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Animal Feed Additives
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 Asia Pacific
9.1.1 China
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Indonesia
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.1.3 Philippines
9.1.3.1 Market Trends
9.1.3.2 Market Forecast
9.1.4 South Korea
9.1.4.1 Market Trends
9.1.4.2 Market Forecast
9.1.5 Malaysia
9.1.5.1 Market Trends
9.1.5.2 Market Forecast
9.1.6 Vietnam
9.1.6.1 Market Trends
9.1.6.2 Market Forecast
9.1.7 Others
9.1.7.1 Market Trends
9.1.7.2 Market Forecast
9.2 North America
9.2.1 United States
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Canada
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.3 Europe
9.3.1 France
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.1 Italy
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 Spain
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 Portugal
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Russia
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Others
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Argentina
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.4.4 Chile
9.4.4.1 Market Trends
9.4.4.2 Market Forecast
9.4.5 Peru
9.4.5.1 Market Trends
9.4.5.2 Market Forecast
9.4.6 Others
9.4.6.1 Market Trends
9.4.6.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Saudi Arabia
9.5.1.1 Market Trends
9.5.1.2 Market Forecast
9.5.2 United Arab Emirates
9.5.2.1 Market Trends
9.5.2.2 Market Forecast
9.5.3 South Africa
9.5.3.1 Market Trends
9.5.3.2 Market Forecast
9.5.4 Others
9.5.4.1 Market Trends
9.5.4.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
11.1 Input Supplier
11.2 Farmers
11.3 Processing
11.4 Traders/Distributors
11.5 Retailer
11.6 End-Users
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Indicators
13.1 Key Price Indicators
13.2 Price Structure
13.3 Margin Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Acadian Seaplants Limited
14.3.2 Cargill Incorporated
14.3.3 DuPont de Nemours, Inc.
14.3.4 Irish Seaweeds
14.3.5 Leili
14.3.6 Mara Seaweeds
14.3.7 Qingdao Gather Great Ocean Algae Industry Group (GGOG)
List of Figures
Figure 1: Global: Seaweed Market: Major Drivers and Challenges
Figure 2: Global: Seaweed Market: Production Volume (in Million Tons), 2014-2019
Figure 3: Global: Seaweed Market: Production Value (in Billion US$), 2014-2019
Figure 4: Global: Seaweed Market: Breakup by Environment (in %), 2019
Figure 5: Global: Seaweed Market: Breakup by Product (in %), 2019
Figure 6: Global: Seaweed Market: Breakup by Application (in %), 2019
Figure 7: Global: Seaweed Market: Breakup by Region (in %), 2019
Figure 8: Global: Seaweed Market Forecast: Production Volume (in Million Tons) 2020-2025
Figure 9: Global: Seaweed Market Forecast: Production Value (in Billion US$), 2019-2025
Figure 10: Global: Seaweed (Aquaculture) Market: Production Volume (in Million Tons), 2014 & 2019
Figure 11: Global: Seaweed (Aquaculture) Market Forecast: Production Volume (in Million Tons), 2020 - 2025
Figure 12: Global: Seaweed (Wild Harvest) Market: Production Volume (in Million Tons), 2014 & 2019
Figure 13: Global: Seaweed (Wild Harvest) Market Forecast: Production Volume (in Million Tons), 2020 - 2025
Figure 14: Global: Seaweed (Red) Market: Production Volume (in Million Tons), 2014 & 2019
Figure 15: Global: Seaweed (Red) Market Forecast: Production Volume (in Million Tons), 2020 - 2025
Figure 16: Global: Seaweed (Brown) Market: Production Volume (in Million Tons), 2014 & 2019
Figure 17: Global: Seaweed (Brown) Market Forecast: Production Volume (in Million Tons), 2020- 2025
Figure 18: Global: Seaweed (Green) Market: Production Volume (in Million Tons), 2014 & 2019
Figure 19: Global: Seaweed (Green) Market Forecast: Production Volume (in Million Tons), 2020- 2025
Figure 20: Global: Seaweed (Processed Foods) Market: Consumption Volume (in Million Tons), 2014 & 2019
Figure 21: Global: Seaweed (Processed Foods) Market Forecast: Consumption Volume (in Million Tons), 2020- 2025
Figure 22: Global: Seaweed (Direct Human Consumption) Market: Consumption Volume (in Million Tons), 2014 & 2019
Figure 23: Global: Seaweed (Direct Human Consumption) Market Forecast: Consumption Volume (in Million Tons), 2020 – 2025
Figure 24: Global: Seaweed (Hydrocolloids) Market: Consumption Volume (in Million Tons), 2014 & 2019
Figure 25: Global: Seaweed (Hydrocolloids) Market Forecast: Consumption Volume (in Million Tons), 2020 - 2025
Figure 26: Global: Seaweed (Fertilizers) Market: Consumption Volume (in Million Tons), 2014 & 2019
Figure 27: Global: Seaweed (Fertilizers) Market Forecast: Consumption Volume (in Million Tons), 2020 – 2025
Figure 28: Global: Seaweed (Animal Feed Additives) Market: Consumption Volume (in Million Tons), 2014 & 2019
Figure 29: Global: Seaweed (Animal Feed Additives) Market Forecast: Consumption Volume (in Million Tons), 2020 – 2025
Figure 30: Global: Seaweed (Others) Market: Consumption Volume (in Million Tons), 2014 & 2019
Figure 31: Global: Seaweed (Others) Market Forecast: Consumption Volume (in Million Tons), 2020 – 2025
Figure 32: Asia Pacific: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 33: Asia Pacific: Seaweed Market Forecast: Production Volume (in Million Tons), 2020-2025
Figure 34: China: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 35: China: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 36: Indonesia: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 37: Indonesia: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 38: Philippines: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 39: Philippines: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 40: South Korea: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 41: South Korea: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 42: Malaysia: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 43: Malaysia: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 44: Vietnam: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 45: Vietnam: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 46: Others: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 47: Others: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 48: North America: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 49: North America: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 50: United States: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 51: United States: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 52: Canada: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 53: Canada: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 54: Europe: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 55: Europe: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 56: France: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 57: France: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 58: Italy: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 59: Italy: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 60: Spain: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 61: Spain: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 62: Portugal: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 63: Portugal: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 64: Russia: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 65: Russia: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 66: Others: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 67: Others: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 68: Latin America: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 69: Latin America: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 70: Brazil: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 71: Brazil: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 72: Mexico: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 73: Mexico: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 74: Argentina: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 75: Argentina: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 76: Chile: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 77: Chile: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 78: Peru: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 79: Peru: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 80: Others: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 81: Others: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 82: Middle East and Africa: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 83: Middle East and Africa: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 84: Saudi Arabia: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 85: Saudi Arabia: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 86: United Arab Emirates: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 87: United Arab Emirates: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 88: South Africa: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 89: South Africa: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 90: Others: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019
Figure 91: Others: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025
Figure 92: Global: Seaweed Industry: SWOT Analysis
Figure 93: Global: Seaweed Industry: Value Chain Analysis
Figure 94: Global: Seaweed Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Seaweed Market: Key Industry Highlights, 2019 & 2025
Table 2: Global: Seaweed Market Forecast: Breakup by Environment (in Million Tons), 2020 -2025
Table 3: Global: Seaweed Market Forecast: Breakup by Product (in Million Tons), 2020-2025
Table 4: Global: Seaweed Market Forecast: Breakup by Application (in Million Tons), 2020-2025
Table 5: Global: Seaweed Market Forecast: Breakup by Region (in Million Tons), 2020-2025
Table 6: Global: Seaweed Market: Competitive Structure
Table 7: Global: Seaweed Market: Key Players