Product Code: FOD099B
The global market for seaweed extract is expected to grow from $17.5 billion in 2024 and is projected to reach $20.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 3.6% during the forecast period of 2024 to 2029.
The Asia-Pacific market for seaweed extract is expected to grow from $16.7 billion in 2024 and is projected to reach $19.9 billion by the end of 2029, at a CAGR of 3.6% during the forecast period of 2024 to 2029.
The American market for seaweed extract is expected to grow from $412.3 million in 2024 and is projected to reach $485.5 million by the end of 2029, at a CAGR of 3.3% during the forecast period of 2024 to 2029.
Report Scope:
This report analyzes the global seaweed extract market. It uses 2023 as a benchmark year and offers projections, along with estimations of compound annual growth rates (CAGR), for the forecast period from 2024 to 2029; and it uses supply side to estimate market size. This report covers key aspects of the seaweed extract market, including technological advances, economic factors and business considerations, to provide insights into this market. It outlines the market forces impacting the industry and covers the diverse applications associated with seaweed extract. Furthermore, the report surveys the key players operating in the global market for dried and processed seaweeds. It describes the factors driving market growth and examines the regional dynamics that affect the seaweed extract market.
Report Includes:
- 31 data tables and 34 additional tables
- Analysis of the global market for seaweed extracts
- Analyses of the global market trends, with market revenue data from 2023, estimates for 2024, and projections of compound annual growth rates (CAGRs) through 2029
- Estimates of the market size and growth forecasts and a corresponding market share analysis by collection, type, form, application, and region
- Facts and figures pertaining to the market growth drivers, opportunities and challenges, emerging technologies, regulations, and the impacts of macroeconomic variables
- Overview of the ESG developments in the global market, with emphasis on consumer attitudes, ESG score analysis, and the ESG practices followed
- An analysis of the industry structure, including the major vendors and their market shares, recent M&A activity, and a venture funding outlook
- Profiles of the major global players, including Cargill Inc., Acadian Seaplants Ltd., Algaia SA, DuPont de Nemours Inc., CP Kelco (part of J.M. Huber Corp.)
Table of Contents
Chapter 1 Executive Summary
- Market Outlook
- Scope of Report
- What's New in the Updated Report
- Market Summary
Chapter 2 Market Overview
- Overview
- PESTEL Analysis
- Porter's Five Forces Analysis
- Bargaining Power of Buyers: Moderate to High
- Bargaining Power of Suppliers: High
- Potential for New Entrants: Low
- Threat of Substitutes: Moderate
- Competition in the Industry: High
Chapter 3 Market Dynamics
- Market Dynamics
- Market Drivers
- Expanding Aquaculture Industry
- Rising Demand for Sustainable Ingredients
- More Applications in the Food and Beverage Industry
- Expanding Applications in Agriculture
- Market Challenges
- Regulatory Hurdles and Compliance Requirements
- Supply Chain Vulnerabilities and Quality Control
- Technical and Scientific Limitations
- Market Fragmentation and Competition
- Market Opportunities
- Technological Advances in Extraction and Processing
- Expanding Applications in Pharmaceuticals and Nutraceuticals
- Potential for Biofuel Production and Bioremediation
Chapter 4 Regulatory Landscape
- Overview
- Market Regulations for Seaweed Extracts, by Country
Chapter 5 Emerging Technologies and Patent Analysis
- Overview
- Cold Plasma Technology
- Advanced Extraction Techniques
- Enzyme-Assisted Extraction
- Genetic Engineering and Synthetic Biology
- Photobioreactors
- Patent Analysis
- Patents, by Region
- Patents, by Assignee
Chapter 6 Supply Chain Analysis
- Supply Chain Analysis
- Seaweed Cultivation and Harvesting
- Raw Material Sourcing and Procurement
- Processing and Extraction
- Product Formulation and Development
- Quality Control and Assurance
- Packaging and Distribution
Chapter 7 Market Segmentations
- Segmentation Breakdown
- Market Analysis, by Collection
- Wild Harvest
- Aquaculture
- Market Analysis, by Type
- Brown Seaweeds
- Red Seaweeds
- Green Seaweeds
- Market Analysis, by Form
- Seaweed Flakes
- Seaweed Powder
- Seaweed Liquid
- Market Analysis, by Application
- Food and Beverage
- Agriculture
- Animal Feed Additives
- Pharmaceutical
- Cosmetics & Personal Care
- Other Applications
- Geographic Breakdown
- Market Analysis, by Region
- Americas
- Europe
- Asia-Pacific
- Rest of the World
Chapter 8 Competitive Landscape
- Market Shares of Leading Companies
- Cargill Inc.
- Acadian Seaplants Ltd.
- Algaia SA
- DuPont de Nemours Inc.
- CP Kelco (part of J.M. Huber Corp.)
- Qingdao Gather Great Ocean Algae Industry Group
- Gelymar
- CEAMSA
- Seasol
- Funding for Seaweed Extract and Farming Projects
- Strategic Analysis
Chapter 9 Appendix
- Methodology
- Sources
- Abbreviations
- Company Profiles
- ACADIAN SEAPLANTS LTD.
- ARTHUR BRANWELL & CO. LTD.
- CARGILL INC.
- CEAMSA
- DUPONT
- GELYMAR
- GROUPE ROULLIER
- J.M. HUBER CORP.
- KELPAK
- OCEAN HARVEST TECHNOLOGY GROUP PLC
- OCEAN RAINFOREST
- QINGDAO MINGYUE SEAWEED GROUP CO. LTD.
- X-HUMATE (TIANJIN) INTERNATIONAL LTD.