top of page

Seaweed Market Share, Growth Drivers, Trends, and Forecast 2025-2033

  • Writer: ravinder imarc
    ravinder imarc
  • Dec 30, 2024
  • 4 min read


The latest report by IMARC Group, titled “Seaweed Market Report by Environment (Aquaculture, Wild Harvest), Product (Red, Brown, Green), Application (Processed Foods, Direct Human Consumption, Hydrocolloids, Fertilizers, Animal Feed Additives, and Others), and Region 2025-2033”, offers a comprehensive analysis of the global seaweed market outlook. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.


How Big is the Seaweed Market?


The global seaweed market size reached USD 9.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 18.4 Billion by 2033, exhibiting a growth rate (CAGR) of 8.17% during 2025-2033.



Global Seaweed Market Dynamics:


Rise of Plant-Based Diets and Health Consciousness:


The seaweed market share is greatly influenced by the international shift towards plant based foods and diets and the focus on health and wellness. Expanded seaweed farming can assist in meeting this need as it is a significant source of vitamins as well as minerals, anti-oxidants and fiber which can act as a key component to shifting diets. Consumer awareness about the environmental and health aspects of a plant based diet, is anticipated to drive the growth of seaweed-based products including vegan sushi, seaweed snacks, seaweed beverages, and others. This trend is further fueled by the increasing prevalence of chronic diseases, such as obesity and heart disease, which are linked to unhealthy dietary habits. The increased demand for seaweed as a superfood is the result of its many health advantages, such as improved gut flora, weight reduction, and a better immune system.


Growing Applications in Pharmaceuticals and Cosmetics:


Seaweeds have many over bioactive compounds and this property makes them a candidate for use in the pharmaceutical as well as cosmetic sector. The substances have been shown to have anti-inflammatory, anti-oxidant, anti-microbial and anti cancer properties. As a result, seaweed extracts are being increasingly added into the formulations of new medications, nutraceuticals, and cosmeceuticals. For example, seaweed extracts are found in skin nourishing creams to moisturize, calm, and protect the skin and other skin products. Seaweeds are being studied for their effectiveness against various diseases, such as Alzheimer's, cancer and other degenerative diseases, keeping in mind the needs of the pharmaceutical industry. The trend seen in the cosmetic and pharmaceutical industry toward utilizing seaweed will create new avenues for the market in the coming years.


Increasing Demand for Sustainable and Biodegradable Materials:


The increase in awareness globally about sustainable environmental practices, alongside the solutions sought for tremendous resource depletion through consumption occurs the quest for renewable biologically based materials. Seaweed could potentially replace a variety of materials that are currently in use, most notably plastics. These could include bioplastics, biofuels, and other forms of energy-seas materials. They are environmentally friendly because they are biodegradable compared to most materials in use today. There will also be an increase in the demand for seaweed based materials as both consumers and manufacturers become more conscious of sustainability. Governments seeking to promote the use of environmentally friendly such materials will also add further momentum to this trend.


According to the research report, here are some of the top leading companies operating in the seaweed industry:


  • Acadian Seaplants Limited

  • Cargill Incorporated

  • DuPont de Nemours, Inc.

  • Irish Seaweeds

  • Leili

  • Mara Seaweeds

  • Qingdao Gather Great Ocean Algae Industry Group (GGOG)


Seaweed Market Trends:


There are three defining features in the seaweed market, with the first one being a growing concentration on the social and environmental ramifications of seaweed harvesting, which in turn is raising the demand for ethically harvested seaweed. And as organizations like the Sustainable Seafood Initiative begin to offer certification for sustainable ocean farming, the market is sure to have a steadily growing economy. The second feature would be the value-added products that are beginning to sprout as consumers buy up nutraceuticals, cosmeceuticals, and functional foods that are seaweed based.


This demand has directed attention toward R&D with a view on diversifying the range of seaweed based products. Witnessing the found potential in commercializing certain seaweed products, the third point addresses sea cultivation as well as improvement of processing techniques. These advancements have not only made seaweed cultivation convenient but have also led to higher production rates as well as improved product. Finally, growing concern to effectively utilize seaweed resources led to greater cooperation between industry, government and scholars to achieve the aforementioned goal. Most importantly, giving a lot of emphasis to collaborative efforts in overcoming issues facing the seaweed market and fostering innovation to ensure greater competitiveness as well as sustainability of the sea market.


Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/seaweed-market


Global Seaweed Market Segmentation:


Breakup by Environment:


  • Aquaculture

  • Wild Harvest


According to the report, aquaculture represented the largest segment.


Breakup by Product:


  • Red

  • Brown

  • Green


According to the report, red seaweed accounted for the largest market share.


Breakup by Application:


  • Processed Foods

  • Direct Human Consumption

  • Hydrocolloids

  • Fertilizers

  • Animal Feed Additives

  • Others


Breakup by Region:


  • North America (United States, Canada)

  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)

  • Latin America (Brazil, Mexico, Others)

  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)


According to the report, Asia Pacific was the largest market for seaweed.


Note: For any specific information beyond the report's current scope, we offer customization to meet your needs.


About Us:


IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.


IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


Contact US:


IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

 
 
 

Comments


bottom of page