The Vietnam seaweed market size reached USD 36.04 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 73.25 Million by 2033, exhibiting a growth rate (CAGR) of 8.20% during 2025-2033. The market is driven by the scaling of coastal aquaculture infrastructure that supports traceable and cooperative seaweed supply chains. Integration of seaweed as a natural food ingredient is enhancing consumer appeal in culinary and plant-based product segments. Expanding use of seaweed-based bio-stimulants and bioremediation inputs is reinforcing its role in sustainable agriculture and environmental management, further augmenting Vietnam seaweed market share.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 36.04 Million |
Market Forecast in 2033 | USD 73.25 Million |
Market Growth Rate 2025-2033 | 8.20% |
Development of Coastal Aquaculture Infrastructure
Vietnam’s long coastline and supportive coastal regulations have fostered the rapid development of seaweed aquaculture clusters along the central and southern regions. Farmers are transitioning to optimized seaweed farming methods that increase yield reliability and reduce operational risk, integrating simple processing techniques at the farm level. This evolution enables traceable supply chains that connect coastal producers to domestic processors and export channels. Infrastructure investments in drying, storage, and quality testing facilities support aggregation of raw material at scale. On February 6, 2024, Vietnam’s Ministry of Agriculture and Rural Development (MARD) announced a national target of producing 500,000 tonnes of seaweed annually by 2030 as part of its seafood industry development plan. In 2023, Vietnam cultivated seaweed across 16,500 hectares, yielding 150,000 tonnes, with some varieties generating over USD 8,100 per hectare for farmers. The alignment of coastal community livelihoods with exportable seaweed products is creating new agrarian value streams. Non-governmental organizations and technical assistance programs are collaborating with farmers to introduce best practices in seed selection and cultivation cycles. Furthermore, public-private partnerships are enabling local cooperative models that deliver reliable supply volumes required for downstream processing. As coordination between coastal community aquaculture and logistics frameworks improves, seaweed cultivation becomes more resilient and commercially viable, helping underpin Vietnam seaweed market growth.
Utilization in Agriculture and Environmental Management
Seaweed-based products are gaining acceptance in Vietnam’s agricultural and environmental sectors as natural bio-stimulants and remediation agents. Crop advisors and farmers are incorporating seaweed extracts into foliar sprays and soil conditioners, recognizing their role in enhancing plant health and stress tolerance. Environmental engineers are also evaluating seaweed biomass for bioremediation in aquaculture ponds, using it to absorb excess nutrients and improve water quality. On July 22, 2024, Vietnam’s International Collaboration Center for Sustainable Aquaculture and Fisheries (ICAFIS) launched the "Blue Ocean - Blue Foods" Program to establish carbon sinks within the fisheries sector, positioning seaweed cultivation as a key driver for marine carbon credits. With approximately 16,500 hectares yielding 150,000 tonnes of fresh seaweed in 2023 and a potential cultivation area of 900,000 hectares, the program highlights seaweed’s ability to absorb CO₂ 2.4 times more effectively than terrestrial plants and store up to 1,500 tonnes of greenhouse gases per sq km. Developers of organic farming systems are integrating seaweed inputs into regeneration protocols for high-value crops like coffee, pepper, and cashew. Research initiatives conducted by national universities are refining extraction methods to concentrate active growth compounds while eliminating unwanted salts. Producers are packaging these materials in formats suitable for smallholder farmers, including soluble powders and liquid concentrates. As agricultural policy increasingly supports sustainable farming transitions, organic and regenerative crop systems are expanding. The blending of environmental and agronomic applications positions seaweed as a multifunctional biomass that contributes to crop health, waste reduction, and resource efficiency in Vietnamese agriculture.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on environment, product, and application.
Environment Insights:
The report has provided a detailed breakup and analysis of the market based on the environment. This includes aquaculture and wild harvest.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes red, brown, and green.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes processed foods, direct human consumption, hydrocolloids, fertilizers, animal feed additives, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all major regional markets. This includes Northern Vietnam, Central Vietnam, and Southern Vietnam.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Environments Covered | Aquaculture, Wild Harvest |
Products Covered | Red, Brown, Green |
Applications Covered | Processed Foods, Direct Human Consumption, Hydrocolloids, Fertilizers, Animal Feed Additives, Others |
Regions Covered | Northern Vietnam, Central Vietnam, Southern Vietnam |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: