Global Seaweed Cultivation Market

Global Seaweed Cultivation Market Size, Trends & Analysis with COVID-19 Impact - Forecasts To 2026 By Application (Food, Feed, Pharmaceuticals, Agriculture, Others), By Method of Harvesting (Aquaculture/Industrial, Wild Harvesting/Traditional), By Type (Red Seaweeds, Green Seaweeds, Brown Seaweeds), By Process (Harvesting, Drying, Processing, Seeding/Netting, Open Sea Transplanting), By Form (Liquid, Flakes, Powder, Sheets); By Region (North America, Europe, Asia Pacific and Rest of the World); and Company Market Share Analysis & Competitor Analysis

Category Food & Beverages

Format

This report was recently updated on April 17 2024 with the latest and most recent market numbers

Seaweed Cultivation Market: Insights

The global seaweed cultivation market will propel at the strongest growth rate over the projected timeframe. Seaweeds are plant-like species often referred to as aquatic microalgae; in coastal environments, they are normally bound to a rock or other rough substratum. Seaweed cultivation is becoming an intensely dynamic worldwide food and related goods industry. Rapid growth in demand-driven seaweed cultivation, increasing commercial, agricultural, and feed-related applications are some of the primary factors that are likely to drive the growth of the seaweed sector. Moreover, the increasing demands for seaweed as snack products, rising focus on research and development activities coupled with the growing advancements in technology resulting in the industry growth. However, some of the factors likely to delay market growth over the forecast timeline are highs and lows in prices of seaweeds, adverse climatic situations, and stringent environmental rules and regulations.

Seaweed Cultivation Market Size – Forecasts to 2026

Seaweed Cultivation Market: By Application

Based on the analysis of application, this market can be segregated into five segments namely; food, feed, pharmaceuticals, and agriculture, among others. The food segment among all the applications is the strongest segment to hold the biggest market share in terms of revenue over the predicted timeline. Seaweed is used in agricultural products as an ingredient and is eaten directly in some countries such as China, and Japan, among others. It is commonly regarded as nutritious food since it is abundant in nutrients such as high iodine, vitamins, calcium, iron, enzymes, and seaweed fiber. Such approaches are some of the main reasons anticipated to push growth in the sector over the expected timeframe. Furthermore, it is expected that the use of seaweed for the processing of low-calorie ice creams and cakes would stimulate the increase in demand.

Seaweed Cultivation Market: By Form

Based on the research of the form, the market is split into liquid, flakes, powder, and sheets. The aspect of the flakes form is the rising segment to grow at a strong growth rate over the expected timeline. Flakes of seaweed are mostly used in food, as they are increasingly being used as salt substitutes. Seaweed flakes are often used as agents for seasoning. They also have therapeutic properties, such as obesity, breast cancer, diabetes, and lung cancer, to treat diseases.

Seaweed Cultivation Market: By Type

Based on the research of the type, the market is separated into red seaweeds, green seaweeds, and brown seaweeds. The red seaweeds are the rising segment and expected to grow at a strong growth rate over the expected timeline. Red seaweed is primarily used in various food items, such as salads, snacks, and sushi soups. Due to the extreme presence of phycocolloids like carrageenan, they have an economically significant role. Carrageenan derived from seaweed has a range of applications as a thickener and stabilizer in food processing. The higher use of red seaweed in the food industry is thus anticipated to push the development of the seaweed market.

Seaweed Cultivation Market Segmentation

Seaweed Cultivation Market: By Method of Harvesting

Based on the analysis of the method of harvesting, this market can be broken into two segments namely; wild harvesting/traditional and aquaculture/industrial. The aquaculture/industrial segment among all the methods is the strongest segment to hold the biggest market share in terms of revenue over the predicted timeframe. This is due to increased demand for carrageenan, agar-agar, and alginate, which is projected to fuel the development of seaweed aquaculture.

Seaweed Cultivation Market

Seaweed Cultivation Market: By Region

Based on the geographic region, NA, APAC, Europe, MEA, and CSA are the market divisions. The overall revenue generator as well as to grow at the strongest-growth rate in the sector in the Asia-Pacific region over the projected timeframe. The rising population, edible seaweed consumption in the domestic market coupled with the easy raw materials accessibility and development in the aquaculture sector is leading to a higher market share. Furthermore, various applications of seaweed as direct food products that are anticipated to boost business growth.

Seaweed Cultivation Market Share & Competitor Analysis

The leading competitors competing in this market are Qingdao Seawin Biotech Group Co. Ltd., Groupe Roullier, Gelymar, Algaia, Atseanova, CP Kelco U.S., Inc., Ceamsa, The Seaweed Company, Irish Seaweeds, Dupont, Acadian Seaplants, Seasol, Mara Seaweed, Aquagri Processing Pvt. Ltd., Qingdao Gather Great Ocean Algae Industry Group, Compo Expert Gmbh, Algea, Cargill, Incorporated, and Beijing Leili Agricultural Co. Ltd., among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In August 2020, CP Kelco and Biesterfeld have expanded their long-term relationship in the European food and nutrition market.

Check the Press Release on Global Seaweed Cultivation Market Report

Seaweed Cultivation Market: By Method of Harvesting

Introduction
1. Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
Aquaculture/Industrial
1. Aquaculture/Industrial: Seaweed Cultivation Market, 2020-2026 (USD Million)
Wild Harvesting/Traditional
1. Wild Harvesting/Traditional: Seaweed Cultivation Market, 2020-2026 (USD Million)

Seaweed Cultivation Market: By Application

Introduction
1. Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
Feed
1. Feed: Seaweed Cultivation Market, 2020-2026 (USD Million)
Food
1. Food: Seaweed Cultivation Market, 2020-2026 (USD Million)
Pharmaceuticals
1. Pharmaceuticals: Seaweed Cultivation Market, 2020-2026 (USD Million)
Agriculture
1. Agriculture: Seaweed Cultivation Market, 2020-2026 (USD Million)
Others
1. Others: Seaweed Cultivation Market, 2020-2026 (USD Million)

Seaweed Cultivation Market: By Type

Introduction
1. Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
Red Seaweeds
1. Red Seaweeds: Seaweed Cultivation Market, 2020-2026 (USD Million)
Green Seaweeds
1. Green Seaweeds: Seaweed Cultivation Market, 2020-2026 (USD Million)
Brown Seaweeds
1. Brown Seaweeds: Seaweed Cultivation Market, 2020-2026 (USD Million)

Seaweed Cultivation Market: By Form

Introduction
1. Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
Liquid
1. Liquid: Seaweed Cultivation Market, 2020-2026 (USD Million)
Sheets
1. Sheets: Seaweed Cultivation Market, 2020-2026 (USD Million)
Flakes
1. Flakes: Seaweed Cultivation Market, 2020-2026 (USD Million)
Powder
1. Powder: Seaweed Cultivation Market, 2020-2026 (USD Million)

Seaweed Cultivation Market: By Process

Introduction
1. Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
Harvesting
1. Harvesting: Seaweed Cultivation Market, 2020-2026 (USD Million)
Drying
1. Drying: Seaweed Cultivation Market, 2020-2026 (USD Million)
Seeding/Netting
1. Seeding/Netting: Seaweed Cultivation Market, 2020-2026 (USD Million)
Open Sea Transplanting
1. Open Sea Transplanting : Seaweed Cultivation Market, 2020-2026 (USD Million)
Processing
1. Processing: Seaweed Cultivation Market, 2020-2026 (USD Million)

Seaweed Cultivation Market: By Region

Introduction
1. Global Seaweed Cultivation Market, Regional Analysis, 2020-2026 (USD Million)
North America
1. North America Seaweed Cultivation Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Method of Harvesting
    1. North America Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
  2. By Application
    1. North America Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
  3. By Type
    1. North America Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
  4. By Form
    1. North America Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
  5. By Process
    1. North America Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
  6. By Country
    1. U.S
      1. By Method of Harvesting
        
        U.S Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
      2. By Application
        
        U.S Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
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        U.S Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
      4. By Form
        
        U.S Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
      5. By Process
        
        U.S Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
    2. Canada.
      1. By Method of Harvesting
        
        Canada Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
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        Canada Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
      3. By Type
        
        Canada Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
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        Canada Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
      5. By Process
        
        Canada Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
    3. Mexico
      1. By Method of Harvesting
        
        Mexico Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
      2. By Application
        
        Mexico Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
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        Mexico Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
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        Mexico Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
      5. By Process
        
        Mexico Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
Europe
1. Europe Seaweed Cultivation Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Method of Harvesting
    1. Europe Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
  2. By Application
    1. Europe Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
  3. By Type
    1. Europe Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
  4. By Form
    1. Europe Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
  5. By Process
    1. Europe Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
  6. By Country
    1. Germany
      1. By Method of Harvesting
        
        Germany Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
      2. By Application
        
        Germany Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
      3. By Type
        
        Germany Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
      4. By Form
        
        Germany Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
      5. By Process
        
        Germany Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
    2. UK
      1. By Method of Harvesting
        
        UK Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
      2. By Application
        
        UK Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
      3. By Type
        
        UK Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
      4. By Form
        
        UK Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
      5. By Process
        
        UK Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
    3. France
      1. By Method of Harvesting
        
        France Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
      2. By Application
        
        France Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
      3. By Type
        
        France Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
      4. By Form
        
        France Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
      5. By Process
        
        France Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
    4. Italy
      1. By Method of Harvesting
        
        Italy Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
      2. By Application
        
        Italy Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
      3. By Type
        
        Italy Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
      4. By Form
        
        Italy Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
      5. By Process
        
        Italy Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
    5. Rest Of Europe
      1. By Method of Harvesting
        
        Rest Of Europe Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
      2. By Application
        
        Rest Of Europe Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
      3. By Type
        
        Rest Of Europe Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
      4. By Form
        
        Rest Of Europe Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
      5. By Process
        
        Rest Of Europe Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
Asia Pacific
1. Asia Pacific Seaweed Cultivation Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Method of Harvesting
    1. Asia Pacific Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
  2. By Application
    1. Asia Pacific Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
  3. By Type
    1. Asia Pacific Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
  4. By Form
    1. Asia Pacific Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
  5. By Process
    1. Asia Pacific Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
  6. By Country
    1. China
      1. By Method of Harvesting
        
        China Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
      2. By Application
        
        China Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
      3. By Type
        
        China Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
      4. By Form
        
        China Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
      5. By Process
        
        China Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
    2. Japan
      1. By Method of Harvesting
        
        Japan Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
      2. By Application
        
        Japan Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
      3. By Type
        
        Japan Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
      4. By Form
        
        Japan Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
      5. By Process
        
        Japan Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
    3. India
      1. By Method of Harvesting
        
        India Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
      2. By Application
        
        India Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
      3. By Type
        
        India Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
      4. By Form
        
        India Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
      5. By Process
        
        India Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
Central & South America
1. Central & South America Seaweed Cultivation Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Method of Harvesting
    1. Central & South America Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
  2. By Application
    1. Central & South America Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
  3. By Type
    1. Central & South America Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
  4. By Form
    1. Central & South America Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
  5. By Process
    1. Central & South America Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
  6. By Country
    1. Brazil
      1. By Method of Harvesting
        
        Brazil Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
      2. By Application
        
        Brazil Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
      3. By Type
        
        Brazil Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
      4. By Form
        
        Brazil Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
      5. By Process
        
        Brazil Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
Middle East & Africa
1. Middle East & Africa, Seaweed Cultivation Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Method of Harvesting
    1. Middle East & Africa, Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
  2. By Application
    1. Middle East & Africa, Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
  3. By Type
    1. Middle East & Africa, Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
  4. By Form
    1. Middle East & Africa, Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
  5. By Process
    1. Middle East & Africa, Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
  6. By Country
    1. Saudi Arabia
      1. By Method of Harvesting
        
        Saudi Arabia, Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
      2. By Application
        
        Saudi Arabia, Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
      3. By Type
        
        Saudi Arabia, Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
      4. By Form
        
        Saudi Arabia, Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
      5. By Process
        
        Saudi Arabia, Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)
    2. UAE
      1. By Method of Harvesting
        
        UAE, Seaweed Cultivation Market, By Method of Harvesting, 2020-2026 (USD Million)
      2. By Application
        
        UAE, Seaweed Cultivation Market, By Application, 2020-2026 (USD Million)
      3. By Type
        
        UAE, Seaweed Cultivation Market, By Type, 2020-2026 (USD Million)
      4. By Form
        
        UAE, Seaweed Cultivation Market, By Form, 2020-2026 (USD Million)
      5. By Process
        
        UAE Seaweed Cultivation Market, By Process, 2020-2026 (USD Million)

The Global Seaweed Cultivation Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Seaweed Cultivation Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Seaweed Cultivation Market.

Seaweed Cultivation Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Seaweed Cultivation Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Seaweed Cultivation Market