According to the latest report by IMARC Group,the global seaweed market reached US$ 11.50 Billion in 2020.
Seaweed or macroalgae are different species of algae and marine plants that grow in oceans, rivers, lakes, and other water bodies.
2. Report Description
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3. Report Description
Report Description and Highlights
Global Seaweed Market Outlook 2026:
According to the latest report by IMARC Group, titled "Seaweed Market: Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2021-2026," the global seaweed market reached US$ 11.50
Billion in 2020.
Seaweed or macroalgae are different species of algae and marine plants that grow in oceans, rivers,
lakes, and other water bodies. They include both flowering plants and larger algae and are
characterized by red, green, and brown colors.
Seaweed can be obtained from aquaculture and through wild harvest techniques. It is rich in vitamins,
minerals, fibers, and hydrocolloids that help in the proper functioning of the thyroid, protect the body
from cell damage, and nourish gut health.
The versatile nature and anti-oxidant properties of seaweeds make them an ideal and common
ingredient in Asian cuisines.
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4. Report Description
Report Description and Highlights
Global Seaweed Market Trends:
Seaweeds exhibit anti-inflammatory, anti-microbial, and emulsion properties due to which they are
being increasingly utilized in numerous industrial and commercial goods, such as toothpaste, fertilizers,
and jellies. This represents one of the key factors driving the market growth.
Moreover, the bioactive compound in seaweeds makes them suitable for various medicinal
applications in the pharmaceutical industry, which is driving the growth of the global seaweed market.
Increasing awareness among consumers regarding the health benefits of the seaweed consumption is
catalyzing the demand for commercial seaweed in the production of food products, which is creating a
positive outlook for the market.
Other factors, such as extensive research and development (R&D) activities and newer applications of
seaweed in the agricultural industry to yield and soil health, are contributing to the market growth
further.
5. Market Summary:
Breakup by Environment:
• Aquaculture
• wild harvest
Breakup by Product:
• Red
• Brown
• Green
Breakup by Application:
• Processed foods
• Direct human consumption
• Hydrocolloids
• Fertilizers
• Animal feed additives
Report Description
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6. Breakup by Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Looking forward, the market is expected to grow at a CAGR of 11.80% during 2021-2026.
Report Description
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7. Competitive Landscape With Keyplayer:
• Acadian Seaplants Limited
• Cargill Incorporated
• DuPont de Nemours Inc.
• Irish Seaweeds Leili
• Mara Seaweeds
• Qingdao Gather Great Ocean Algae Industry Group
View Report TOC, Figures and Tables : https://www.imarcgroup.com/seaweed-market
Report Description
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Partial List of Clients
9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients