Global Seaweed Cultivation Market – Industry Trends and Forecast to 2028

Market Analysis and Insights : Global Seaweed Cultivation Market

Seaweed cultivation market is expected to grow at a rate of 13.0% in the forecast period 2021 to 2028. Increasing functional properties of edible seaweeds and growth in consumer awareness regarding the health benefits of seaweed-based products which will likely to act as  factors for the seaweed cultivation market in the forecast period of 2021- 2028.  

The method of planting and harvesting seaweed is seaweed farming or kelp farming. In its simplest form, it consists of handling batches that are naturally found. It consists of completely regulating the algae's life cycle in its most advanced form.

Increasing industrial, agricultural, and feed-related applications, growing number of seaweed farming practices propelled by global demand, increasing growth of the seaweed market across the globe, rising preferences towards the consumption of seaweed as a snack product, rising awareness about the nutritional content and advantages associated with seaweed consumption, rising application of seaweeds in agriculture, feed, medicine, and human food are some of the major as well as vital factors which will likely to augment the growth of the seaweed cultivation market in the projected timeframe of 2021-2028. On the other hand, increasing number of technological developments along with increase in demand for aquaculture seaweeds as a raw material for the hydrocolloid industry which will further contribute by generating massive opportunities that will lead to the growth of the seaweed cultivation market in the above mentioned projected timeframe.

Increasing occurrences of natural calamities along with toxicity associated with the consumption of seaweeds which will likely to act as market restraints factor for the growth of the seaweed cultivation in the above mentioned projected timeframe. Lack of financial support, government engagement, and improper marine spatial plans which will become the biggest and foremost challenge for the growth of the market.  

This seaweed cultivation market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on seaweed cultivation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Seaweed Cultivation Market Scope and Market Size

Seaweed cultivation market is segmented on the basis of process, type, method of harvesting, form and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of process, the seaweed cultivation market is segmented into seeding/netting, open sea transplanting, harvesting, drying, and processing.  
• Based on type, the seaweed cultivation market is segmented into red seaweeds, brown seaweeds, and green seaweeds.  
• Based on the form, the seaweed cultivation market is segmented into liquid, powder, flakes, and sheets.  
• On the basis of method of harvesting, the seaweed cultivation market is segmented into aquaculture/industrial, and wild harvesting/traditional.
• The seaweed cultivation market is also segmented on the basis of application. The application is segmented into food, feed, agriculture, pharmaceuticals, and other applications. Food has been further segmented into dairy, meat and poultry, bakery, confectionery, and other food applications.

Seaweed Cultivation Market Country Level Analysis

Seaweed cultivation market is analyses and market size, volume information is provided by country by source, type, method of harvesting, form and application as referenced above.

The countries covered in the seaweed cultivation market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Asia-Pacific dominates the seaweed cultivation market due to the increasing production and domestic consumption of edible seaweeds along with availability of the raw materials, favourable climatic conditions for the production of seaweeds, and availability of cheap labour in the region while Europe region will expect to grow in the forecast period 2021 to 2028 due to the rising use of seaweeds as hydrocolloids, increasing production of seaweeds through seaweed aquaculture, and the rising application of seaweeds in agriculture, feed, medicine, and human food in the region.  

 The country section of the seaweed cultivation market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Seaweed Cultivation Market Share Analysis

Seaweed cultivation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to seaweed cultivation market.

The major players covered in the seaweed cultivation report are DuPont.; Cargill, Incorporated.; Groupe Roullier; CP Kelco U.S., Inc.; ASL; Qingdao Gather Great Ocean Algae Industry Group CO., LTD; AtSeaNova.; The Seaweed Company; Seaweed Solutions AS; ALGEA; Gelymar; Seasol.; Ceamsa.; Qingdao Seawin Biotech Group Co., Ltd.; COMPO EXPERT GmbH; ALGAIA; Irish Seaweeds; Beijing Leili Agricultural Co., Ltd; Celtic Sea Spice Company Ltd; AquAgri Processing Private Limited.; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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