PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1476382
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1476382
Sea Moss Market Forecasts to 2030 - Global Analysis By Product Type (Raw Sea Moss, Sea Moss Gel, Sea Moss Capsules, Sea Moss Powder and Other Product Types), Form, Distribution Channel, Application and By Geography
According to Stratistics MRC, the Global Sea Moss Market is accounted for $2.5 billion in 2023 and is expected to reach $3.4 billion by 2030 growing at a CAGR of 4.1% during the forecast period. Sea moss, also known as Irish moss or scientifically as Chondrus crispus, is a type of seaweed or algae that grows in the Atlantic coastlines of Europe and North America. It's commonly found in rocky coastal areas and has been used for centuries in various cultures for its potential health benefits and culinary uses. Sea moss is rich in nutrients such as iodine, potassium, magnesium, calcium, and vitamins like vitamin A, vitamin K, and vitamin E. It also contains antioxidants and essential amino acids.
Market Dynamics:
Driver:
Growing demand for natural and organic products
Consumers are increasingly opting for plant-based diets and natural food products, driven by concerns about animal welfare, environmental impact, and overall health. Sea moss, being a sea vegetable loaded with nutrients, fits perfectly into this trend. Its rich mineral content and potential health benefits, including immune support and gut health improvement, are driving this trend. As more people prioritize wellness and sustainability, the market continues to expand to meet these evolving consumer needs.
Restraint:
Potential side effects and misinformation
Some people experience allergic reactions like skin irritation or digestive issues when consuming Sea Moss. Additionally, misinformation about sea moss as a cure-all for various health conditions circulates widely, leading to unrealistic expectations. It's crucial for consumers to research thoroughly, consult healthcare professionals, and be cautious of exaggerated claims to make informed decisions about incorporating sea moss into their diets. Therefore, these are the factors hampering the growth of the market.
Opportunity:
Versatility in culinary applications
Sea moss is a versatile ingredient that can be incorporated into various dishes and beverages. It can be consumed raw, used in gel form in smoothies and soups, or even blended into desserts. The culinary world is embracing it for its ability to enhance textures, add nutritional value, and create innovative recipes. As a vegan substitute for gelatin, it's a game-changer in puddings and jellies. These are the aspects propelling the growth of the market.
Threat:
Sustainability concerns
The market is facing sustainability concerns due to overharvesting, habitat destruction, and irresponsible farming practices. Excessive extraction of sea moss disrupts marine ecosystems and threatens biodiversity. Unregulated harvesting also leads to depletion, impacting coastal communities dependent on this resource. Sustainable cultivation methods and stricter regulations are essential to ensure the long-term viability of the industry while preserving marine environments and supporting livelihoods.
Covid-19 Impact:
The COVID-19 pandemic significantly impacted the Sea Moss market, causing disruptions in the supply chain and production processes. Lockdown measures, travel restrictions, and logistical challenges led to delays in harvesting and processing sea moss. Consumer demand fluctuated due to economic uncertainties, affecting sales and distribution channels. Despite initial setbacks, the market witnessed a resurgence as people turned to natural supplements for health benefits, driving growth in online sales and encouraging innovation in product offerings to meet changing consumer preferences.
The sea moss capsules segment is expected to be the largest during the forecast period
The sea moss capsules segment is expected to be the largest during the forecast period. Packed with vitamins, minerals, and antioxidants, Sea Moss capsules are sought after for their potential health benefits, including immune support, thyroid function regulation, and skin health improvement. With increasing awareness of the advantages of Sea Moss, these capsules provide an easy and efficient solution for incorporating this sea vegetable into daily wellness routines.
The nutraceuticals segment is expected to have the highest CAGR during the forecast period
The nutraceuticals segment is expected to have the highest CAGR during the forecast period driven by the rising demand for natural supplements. Sea moss, rich in essential minerals and vitamins, has gained popularity for its potential health benefits, including immune system support, digestive health, and skin improvement. With increasing consumer awareness about the benefits of plant-based products, the sea moss nutraceutical market is expected to continue expanding, offering a diverse range of products such as supplements, extracts, and functional foods.
Region with largest share:
North America is projected to hold the largest market share during the forecast period due to its numerous health benefits. As a result, the sea moss market in the region has experienced significant growth in recent years. Consumers are drawn to its rich nutrient profile, including vitamins, minerals, and antioxidants. This surge in demand has led to an expansion of suppliers and retailers offering sea moss products, ranging from raw sea moss to supplements and skincare items infused with sea moss extracts.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period. Sea moss is used in traditional Asian cuisines, particularly in dishes like soups, desserts, and as a thickening agent. Its versatility in cooking has contributed to its popularity in the region. With a focus on sustainable and eco-friendly products, sea moss is appealing to consumers who are conscious of environmental issues. Its cultivation and harvesting methods can be relatively sustainable compared to some other forms of aquaculture.
Key players in the market
Some of the key players in Sea Moss market include Bloom Health, Nutriflair, Power By Naturals, Veganlifemoss, Transformation Factory, Nature's Vision, The Sea Moss Gel Co AU, Red's Kitchen Sink, TrueSeaMoss, Starwest Botanicals, GlassWing Organics and Mos x Daily.
Key Developments:
In October 2023, Australia-based Mos x Daily, a provider of sea moss products announced the launch of four sea moss gel products. The gel products are available in acai, coconut, lychee & apple, and natural flavors. The products are available in a 500ml jar.
In January 2023, TrueSeaMoss, a prominent player in the market announced the launch of sea moss-based supplements. The supplements are available in capsule format and are in elderberry flavor.
Product Types Covered:
- Raw Sea Moss
- Sea Moss Gel
- Sea Moss Capsules
- Sea Moss Powder
- Other Product Types
Form Covered:
- Processed
- Raw
- Extract
Distribution Channels Covered:
- Online Retail
- Physical Retail
- Direct Sales
Applications Covered:
- Food & Beverages
- Nutraceuticals
- Cosmetics
- Pharmaceuticals
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Sea Moss Market, By Product Type
- 5.1 Introduction
- 5.2 Raw Sea Moss
- 5.3 Sea Moss Gel
- 5.4 Sea Moss Capsules
- 5.5 Sea Moss Powder
- 5.6 Other Product Types
6 Global Sea Moss Market, By Form
- 6.1 Introduction
- 6.2 Processed
- 6.3 Raw
- 6.4 Extract
7 Global Sea Moss Market, By Distribution Channel
- 7.1 Introduction
- 7.2 Online Retail
- 7.3 Physical Retail
- 7.4 Direct Sales
8 Global Sea Moss Market, By Application
- 8.1 Introduction
- 8.2 Food & Beverages
- 8.3 Nutraceuticals
- 8.4 Cosmetics
- 8.5 Pharmaceuticals
- 8.6 Other Applications
9 Global Sea Moss Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
11 Company Profiling
- 11.1 Bloom Health
- 11.2 Nutriflair
- 11.3 Power By Naturals
- 11.4 Veganlifemoss
- 11.5 Transformation Factory
- 11.6 Nature's Vision
- 11.7 The Sea Moss Gel Co AU
- 11.8 Red's Kitchen Sink
- 11.9 TrueSeaMoss
- 11.10 Starwest Botanicals
- 11.11 GlassWing Organics
- 11.12 Mos x Daily
List of Tables
- Table 1 Global Sea Moss Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Sea Moss Market Outlook, By Product Type (2021-2030) ($MN)
- Table 3 Global Sea Moss Market Outlook, By Raw Sea Moss (2021-2030) ($MN)
- Table 4 Global Sea Moss Market Outlook, By Sea Moss Gel (2021-2030) ($MN)
- Table 5 Global Sea Moss Market Outlook, By Sea Moss Capsules (2021-2030) ($MN)
- Table 6 Global Sea Moss Market Outlook, By Sea Moss Powder (2021-2030) ($MN)
- Table 7 Global Sea Moss Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 8 Global Sea Moss Market Outlook, By Form (2021-2030) ($MN)
- Table 9 Global Sea Moss Market Outlook, By Processed (2021-2030) ($MN)
- Table 10 Global Sea Moss Market Outlook, By Raw (2021-2030) ($MN)
- Table 11 Global Sea Moss Market Outlook, By Extract (2021-2030) ($MN)
- Table 12 Global Sea Moss Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 13 Global Sea Moss Market Outlook, By Online Retail (2021-2030) ($MN)
- Table 14 Global Sea Moss Market Outlook, By Physical Retail (2021-2030) ($MN)
- Table 15 Global Sea Moss Market Outlook, By Direct Sales (2021-2030) ($MN)
- Table 16 Global Sea Moss Market Outlook, By Application (2021-2030) ($MN)
- Table 17 Global Sea Moss Market Outlook, By Food & Beverages (2021-2030) ($MN)
- Table 18 Global Sea Moss Market Outlook, By Nutraceuticals (2021-2030) ($MN)
- Table 19 Global Sea Moss Market Outlook, By Cosmetics (2021-2030) ($MN)
- Table 20 Global Sea Moss Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
- Table 21 Global Sea Moss Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 22 North America Sea Moss Market Outlook, By Country (2021-2030) ($MN)
- Table 23 North America Sea Moss Market Outlook, By Product Type (2021-2030) ($MN)
- Table 24 North America Sea Moss Market Outlook, By Raw Sea Moss (2021-2030) ($MN)
- Table 25 North America Sea Moss Market Outlook, By Sea Moss Gel (2021-2030) ($MN)
- Table 26 North America Sea Moss Market Outlook, By Sea Moss Capsules (2021-2030) ($MN)
- Table 27 North America Sea Moss Market Outlook, By Sea Moss Powder (2021-2030) ($MN)
- Table 28 North America Sea Moss Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 29 North America Sea Moss Market Outlook, By Form (2021-2030) ($MN)
- Table 30 North America Sea Moss Market Outlook, By Processed (2021-2030) ($MN)
- Table 31 North America Sea Moss Market Outlook, By Raw (2021-2030) ($MN)
- Table 32 North America Sea Moss Market Outlook, By Extract (2021-2030) ($MN)
- Table 33 North America Sea Moss Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 34 North America Sea Moss Market Outlook, By Online Retail (2021-2030) ($MN)
- Table 35 North America Sea Moss Market Outlook, By Physical Retail (2021-2030) ($MN)
- Table 36 North America Sea Moss Market Outlook, By Direct Sales (2021-2030) ($MN)
- Table 37 North America Sea Moss Market Outlook, By Application (2021-2030) ($MN)
- Table 38 North America Sea Moss Market Outlook, By Food & Beverages (2021-2030) ($MN)
- Table 39 North America Sea Moss Market Outlook, By Nutraceuticals (2021-2030) ($MN)
- Table 40 North America Sea Moss Market Outlook, By Cosmetics (2021-2030) ($MN)
- Table 41 North America Sea Moss Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
- Table 42 North America Sea Moss Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 43 Europe Sea Moss Market Outlook, By Country (2021-2030) ($MN)
- Table 44 Europe Sea Moss Market Outlook, By Product Type (2021-2030) ($MN)
- Table 45 Europe Sea Moss Market Outlook, By Raw Sea Moss (2021-2030) ($MN)
- Table 46 Europe Sea Moss Market Outlook, By Sea Moss Gel (2021-2030) ($MN)
- Table 47 Europe Sea Moss Market Outlook, By Sea Moss Capsules (2021-2030) ($MN)
- Table 48 Europe Sea Moss Market Outlook, By Sea Moss Powder (2021-2030) ($MN)
- Table 49 Europe Sea Moss Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 50 Europe Sea Moss Market Outlook, By Form (2021-2030) ($MN)
- Table 51 Europe Sea Moss Market Outlook, By Processed (2021-2030) ($MN)
- Table 52 Europe Sea Moss Market Outlook, By Raw (2021-2030) ($MN)
- Table 53 Europe Sea Moss Market Outlook, By Extract (2021-2030) ($MN)
- Table 54 Europe Sea Moss Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 55 Europe Sea Moss Market Outlook, By Online Retail (2021-2030) ($MN)
- Table 56 Europe Sea Moss Market Outlook, By Physical Retail (2021-2030) ($MN)
- Table 57 Europe Sea Moss Market Outlook, By Direct Sales (2021-2030) ($MN)
- Table 58 Europe Sea Moss Market Outlook, By Application (2021-2030) ($MN)
- Table 59 Europe Sea Moss Market Outlook, By Food & Beverages (2021-2030) ($MN)
- Table 60 Europe Sea Moss Market Outlook, By Nutraceuticals (2021-2030) ($MN)
- Table 61 Europe Sea Moss Market Outlook, By Cosmetics (2021-2030) ($MN)
- Table 62 Europe Sea Moss Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
- Table 63 Europe Sea Moss Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 64 Asia Pacific Sea Moss Market Outlook, By Country (2021-2030) ($MN)
- Table 65 Asia Pacific Sea Moss Market Outlook, By Product Type (2021-2030) ($MN)
- Table 66 Asia Pacific Sea Moss Market Outlook, By Raw Sea Moss (2021-2030) ($MN)
- Table 67 Asia Pacific Sea Moss Market Outlook, By Sea Moss Gel (2021-2030) ($MN)
- Table 68 Asia Pacific Sea Moss Market Outlook, By Sea Moss Capsules (2021-2030) ($MN)
- Table 69 Asia Pacific Sea Moss Market Outlook, By Sea Moss Powder (2021-2030) ($MN)
- Table 70 Asia Pacific Sea Moss Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 71 Asia Pacific Sea Moss Market Outlook, By Form (2021-2030) ($MN)
- Table 72 Asia Pacific Sea Moss Market Outlook, By Processed (2021-2030) ($MN)
- Table 73 Asia Pacific Sea Moss Market Outlook, By Raw (2021-2030) ($MN)
- Table 74 Asia Pacific Sea Moss Market Outlook, By Extract (2021-2030) ($MN)
- Table 75 Asia Pacific Sea Moss Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 76 Asia Pacific Sea Moss Market Outlook, By Online Retail (2021-2030) ($MN)
- Table 77 Asia Pacific Sea Moss Market Outlook, By Physical Retail (2021-2030) ($MN)
- Table 78 Asia Pacific Sea Moss Market Outlook, By Direct Sales (2021-2030) ($MN)
- Table 79 Asia Pacific Sea Moss Market Outlook, By Application (2021-2030) ($MN)
- Table 80 Asia Pacific Sea Moss Market Outlook, By Food & Beverages (2021-2030) ($MN)
- Table 81 Asia Pacific Sea Moss Market Outlook, By Nutraceuticals (2021-2030) ($MN)
- Table 82 Asia Pacific Sea Moss Market Outlook, By Cosmetics (2021-2030) ($MN)
- Table 83 Asia Pacific Sea Moss Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
- Table 84 Asia Pacific Sea Moss Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 85 South America Sea Moss Market Outlook, By Country (2021-2030) ($MN)
- Table 86 South America Sea Moss Market Outlook, By Product Type (2021-2030) ($MN)
- Table 87 South America Sea Moss Market Outlook, By Raw Sea Moss (2021-2030) ($MN)
- Table 88 South America Sea Moss Market Outlook, By Sea Moss Gel (2021-2030) ($MN)
- Table 89 South America Sea Moss Market Outlook, By Sea Moss Capsules (2021-2030) ($MN)
- Table 90 South America Sea Moss Market Outlook, By Sea Moss Powder (2021-2030) ($MN)
- Table 91 South America Sea Moss Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 92 South America Sea Moss Market Outlook, By Form (2021-2030) ($MN)
- Table 93 South America Sea Moss Market Outlook, By Processed (2021-2030) ($MN)
- Table 94 South America Sea Moss Market Outlook, By Raw (2021-2030) ($MN)
- Table 95 South America Sea Moss Market Outlook, By Extract (2021-2030) ($MN)
- Table 96 South America Sea Moss Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 97 South America Sea Moss Market Outlook, By Online Retail (2021-2030) ($MN)
- Table 98 South America Sea Moss Market Outlook, By Physical Retail (2021-2030) ($MN)
- Table 99 South America Sea Moss Market Outlook, By Direct Sales (2021-2030) ($MN)
- Table 100 South America Sea Moss Market Outlook, By Application (2021-2030) ($MN)
- Table 101 South America Sea Moss Market Outlook, By Food & Beverages (2021-2030) ($MN)
- Table 102 South America Sea Moss Market Outlook, By Nutraceuticals (2021-2030) ($MN)
- Table 103 South America Sea Moss Market Outlook, By Cosmetics (2021-2030) ($MN)
- Table 104 South America Sea Moss Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
- Table 105 South America Sea Moss Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 106 Middle East & Africa Sea Moss Market Outlook, By Country (2021-2030) ($MN)
- Table 107 Middle East & Africa Sea Moss Market Outlook, By Product Type (2021-2030) ($MN)
- Table 108 Middle East & Africa Sea Moss Market Outlook, By Raw Sea Moss (2021-2030) ($MN)
- Table 109 Middle East & Africa Sea Moss Market Outlook, By Sea Moss Gel (2021-2030) ($MN)
- Table 110 Middle East & Africa Sea Moss Market Outlook, By Sea Moss Capsules (2021-2030) ($MN)
- Table 111 Middle East & Africa Sea Moss Market Outlook, By Sea Moss Powder (2021-2030) ($MN)
- Table 112 Middle East & Africa Sea Moss Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 113 Middle East & Africa Sea Moss Market Outlook, By Form (2021-2030) ($MN)
- Table 114 Middle East & Africa Sea Moss Market Outlook, By Processed (2021-2030) ($MN)
- Table 115 Middle East & Africa Sea Moss Market Outlook, By Raw (2021-2030) ($MN)
- Table 116 Middle East & Africa Sea Moss Market Outlook, By Extract (2021-2030) ($MN)
- Table 117 Middle East & Africa Sea Moss Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 118 Middle East & Africa Sea Moss Market Outlook, By Online Retail (2021-2030) ($MN)
- Table 119 Middle East & Africa Sea Moss Market Outlook, By Physical Retail (2021-2030) ($MN)
- Table 120 Middle East & Africa Sea Moss Market Outlook, By Direct Sales (2021-2030) ($MN)
- Table 121 Middle East & Africa Sea Moss Market Outlook, By Application (2021-2030) ($MN)
- Table 122 Middle East & Africa Sea Moss Market Outlook, By Food & Beverages (2021-2030) ($MN)
- Table 123 Middle East & Africa Sea Moss Market Outlook, By Nutraceuticals (2021-2030) ($MN)
- Table 124 Middle East & Africa Sea Moss Market Outlook, By Cosmetics (2021-2030) ($MN)
- Table 125 Middle East & Africa Sea Moss Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
- Table 126 Middle East & Africa Sea Moss Market Outlook, By Other Applications (2021-2030) ($MN)
