Commercial Seaweed Market Report: Trends, Forecast and Competitive Analysis to 2030

Commercial Seaweed Trends and Forecast

The future of the global commercial seaweed market looks promising with opportunities in the agriculture, animal feed, and human consumption markets. The global commercial seaweed market is expected to reach an estimated $30.3 billion by 2030 with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are growing use of seaweed in hydrocolloid formulations and rising acceptance of plant-based products.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Commercial Seaweed by Segment

The study includes a forecast for the global commercial seaweed by product, form, application, and region.

Commercial Seaweed Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Brown Seaweed
• Red Seaweed
• Green Seaweed

Commercial Seaweed Market by Form [Shipment Analysis by Value from 2018 to 2030]:

• Leaf
• Powdered
• Flakes

Commercial Seaweed Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Agriculture
• Animal Feed
• Human Consumption
• Others

Commercial Seaweed Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Commercial Seaweed Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies commercial seaweed companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the commercial seaweed companies profiled in this report include-

• Cargill
• E.I. Du Pont de Nemours
• Roullier Group
• Biostadt India
• Compo
• Acadian Seaplants
• Gelymar
• Brandt Consolidated
• Seasol
• CP Kelco

Commercial Seaweed Market Insights

Lucintel forecasts that green seaweed will remain the largest segment over the forecast period.

Within this market, human consumption will remain the largest segment over the forecast period.

APAC will remain the largest region over the forecast period.

Features of the Global Commercial Seaweed Market

Market Size Estimates: Commercial seaweed market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Commercial seaweed market size by product, form, application, and region in terms of value ($B).

Regional Analysis: Commercial seaweed market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, forms, applications, and regions for the commercial seaweed market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the commercial seaweed market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the commercial seaweed market size?

Answer: The global commercial seaweed market is expected to reach an estimated $30.3 billion by 2030.

Q2. What is the growth forecast for commercial seaweed market?

Answer: The global commercial seaweed market is expected to grow with a CAGR of 8.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the commercial seaweed market?

Answer: The major drivers for this market are growing use of seaweed in hydrocolloid formulations and rising acceptance of plant-based products.

Q4. What are the major segments for commercial seaweed market?

Answer: The future of the commercial seaweed market looks promising with opportunities in the agriculture, animal feed, and human consumption markets.

Q5. Who are the key commercial seaweed market companies?

Answer: Some of the key commercial seaweed companies are as follows:

• Cargill
• E.I. Du Pont de Nemours
• Roullier Group
• Biostadt India
• Compo
• Acadian Seaplants
• Gelymar
• Brandt Consolidated
• Seasol
• CP Kelco

Q6. Which commercial seaweed market segment will be the largest in future?

Answer: Lucintel forecasts that green seaweed will remain the largest segment over the forecast period.

Q7. In commercial seaweed market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the commercial seaweed market by product (brown seaweed, red seaweed, and green seaweed), form (leaf, powdered, and flakes), application (agriculture, animal feed, human consumption, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?