Edible Seaweed Market Outlook (2023 to 2033)

The global Edible Seaweed market size is expected to expand from US$ 11,250.0 million in 2023 to US$ 19,745.0 million by 2033. Over the next ten years (2023 to 2033), global Edible Seaweed sales are likely to soar at a notable CAGR of 5.8%.

Key Trends Listed by Future Market Insights (FMI):

  • Brown seaweed has wide range of applications in treatment of stress, arthritis, weight loss, heart diseases, cholesterol and even cancer
  • The demand for commercial seaweed has increased over the last couple of years due to their increased end use applications and medicinal properties
  • Seaweed have wide range of applications across industries a s a result of which there is an increase in the overall farming and harvesting of seaweed
  • Countries with a wide coastline like that of India, Japan and China have an abundance of seaweed due to their easy availability and access to ocean bodies
  • Seaweeds are used in soups, stews and meals in Asian countries and as gelling and thickening agents in North American and European countries
  • Seaweeds have a wide range of applications in cosmetics and personal care products as well. They are used to manufacture face masks creams and other skincare products
  • Demand for dried form of seaweed is high in China, Japan and South Korea
  • Use of seaweeds as ingredients in multiple food products act as organic alternatives to conventional additives and preservatives
  • Dried seaweed are used as ingredient in a range of dishes like stew and stir-fried recipes
  • Powdered seaweeds are used as thickening and gelling agents in baking industries and are hence experiencing a surge in demand due to their application in bakery and confectionery industries
  • The demand for protein alternatives due to rise in population and high demand have prompted manufacturers to look out for alternatives. Edible Seaweed is a good source of protein, vitamins and minerals and acts as a good alternative source
  • Edible seaweeds are a good source of fibre and its utilization in processed food is gaining popularity in the global market

Seaweeds are an excellent source of iodine and omega 3 and omega 6 fatty acids. They have been used in Asian cuisines like soups, sushi and stews for as a very long time. Seaweeds have carrageenans, fucoidans and agars that act as prebiotics, non-digestible fibres that help feed the healthy bacteria in the digestive tract. Studies also suggest that consumption of seaweeds also helps reduce blood pressure.

Asian countries like Japan, South Korea and China were among the first countries to tap on to the potential benefits of consumption of seaweed dating back to the 5th century. With increasing globalization and relocation of people the demand for edible seaweed has increased many folds in over the last decade.

There is an increase in seaweed farming as it is a promising renewable source of biofuels. Biofuels are necessary to reduce carbon footprint, fight climate change and environmental degradation. Though seaweed is plentiful, it is under-used source of biomass. Additionally seaweed is used in various formats as ingredients in animal feed which in itself is a billion dollar industry.

A recent study conducted by FMI suggests that the current growth rate of seaweed farming has gone up to ~14% year on year due to the increasing awareness about sustainability and economically viable solutions to modern day problems.

Attributes Key Insights
Estimated Global Edible Seaweed Market Size (2023E) US$ 11,250.0 million
Projected Edible Seaweed Market Value (2033F) US$ 19,745.0 million
Value-based CAGR (2023 to 2033) 5.8%
Top 3 Countries’ Value US$ 5,850.00 million
Top 3 Countries’ Share 52.0%

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How Has the Market Progressed So Far in 2023?

Market Statistics Details
Jan to Jun (H1), 2021 (A) 4.6%
Jul to Dec (H2), 2021 (A) 5.6%
Jan to Jun (H1), 2022 Projected (P) 5.0%
Jan to Jun (H1), 2022 Outlook (O) 5.5%
Jul to Dec (H2), 2022 Outlook (O) 6.4%
Jul to Dec (H2), 2022 Projected (P) 5.9%
Jan to Jun (H1), 2023 Projected (P) 5.4%
BPS Change: H1, 2022 (O) to H1, 2022 (P) -45
BPS Change: H1, 2022 (O) to H1, 2021 (A) 95
BPS Change: H2, 2022 (O) to H2, 2022 (P) 80
BPS Change: H2, 2022 (O) to H2, 2022 (A) -45

2018 to 2022 Global Edible Seaweed Sales Outlook Compared to Demand Forecast from 2023 to 2033

According to the Future Market Insights (FMI) analysis, global Edible Seaweed sales grew at a CAGR of 2.4% from 2018 to 2022. For the next ten years, the worldwide market for Edible Seaweed is forecast to progress at 5.8% CAGR over the next decade of 2023 to 2033.

Seaweed are available in abundance, and hold a high potential to be effectively utilized in the fight against environmental degradation. Edible seaweed is suitable for biofuel. Seaweeds contain 85-90% water which make them ideal for bio-fuel making. Species like, sugar kelp high carbohydrate content and low lignin content that are required in the making of bioethanol. Today, bioethanol is used as an alternative to fossil fuels to generate various form of energy like heat, motor power and electricity.

Additionally, In Asian countries in particular, the demand for three species, namely, Nori (Porphyra), Kombu (Saccharina and Laminaria) and Wakame (Undaria) is the highest as they are used in multiple industries like food and beverage, pharmaceutical and cosmetics industry. Edible seaweed are used to make organic and plant-based hydrocolloids like agar, carrageenan and alginate, which are known for their antioxidant properties. These are used as a replacement to synthetic antioxidants and provide a clean label to the finished products. Hydrocolloids are used as a thickening, gelling and emulsifying agents and hence have wide applications in the food and beverage sector in the making of processed foods

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Nandini Roy Choudhury

Principal Consultant

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Adjacent Markets Overview

Marine By-Products Market:

Attributes Marine By-Products Market
CAGR (2023 to 2033) 4.9%
Market Value (2033) ~US$ 43,382.8 million
Growth Factor Fish meal and fish oil are the two types of marine ingredients experiencing a surge in demand as they are beneficial in improving immunity and reducing mortality among fam animals and animal feed
Opportunity Fish and marine by-products are increasingly used as raw materials to produce fish meal and fish oil. Utilization of byproducts and reduce wastage and pollution of water bodies
Key Trends Development of revolutionary green technologies like supercritical fluid extraction and Ultrasound-assisted extraction have resulted in efficient and advanced ways of utilization of marine by-products.

Marine Collagen Market:

Attributes Marine Collagen Market
CAGR (2023 to 2033) 7.5%
Market Value (2033) ~US$ 197.4 million
Growth Factor The demand for anti-aging ingredients in the cosmetics industry is on the rise. Collagen products are known for their anti-ageing properties and hence the demand for marine collagen as a viable alternative to conventional collagen products is expected to drive the market
Opportunity Marine collagen market is still in its infancy and hence there is a lot of scope for manufacturers to develop unique and novel products that cater to the demand op consumers
Key Trends Modern day consumers are willing to pay a premium price for products that are sustainably sourced and help in reducing environmental degradation. Marine collagen is one such alternative that most consumers are willing to pay a premium price for

Fish Silage Market:

Attributes Fish Silage Market
CAGR (2023 to 2033) 10.2
Market Value (2033) ~US$ 780.9 million
Growth Factor Fish silage has a number of benefits over fish meals as it is cheaper, results in improved performance and meat quality in broiler chicken.
Opportunity Use of materials that is otherwise dumped offshore and is considered waste will help in reducing environmental pollution and will act a good source of nutrition for animal feed
Key Trends The demand for animal feed alternative has grown substantially. There is a growing need for resources that can be used to feed farmed animals and fish silage acts as an ideal alternative owing to its easy availability and exceptionally low cost

Country-wise Insights

Region North America
Country United States
CAGR 4.8%
BPS Analysis -119
Market Value (2033) US$ 5,429.8 million
Region Europe
Country Germany
CAGR 4.0%
BPS Analysis -221
Market Value (2033) US$ 2,270.6 million
Region Asia Pacific 
Country Japan
CAGR 4.6%
BPS Analysis -33
Market Value (2033) US$ 3,455.3 million 
Region Asia Pacific 
Country India
CAGR 5.6%
BPS Analysis -383
Market Value (2033) US$ 1,480.8 million
Region Asia Pacific 
Country China 
CAGR 5.8%
BPS Analysis 120
Market Value (2033) US$ 888.5 million  

Why are Asia expected to be the most attractive region for the consumption of sea weed?

As per Future Market Insights, Japan Edible Seaweed market is expected to reach a valuation of around US$ 590.0 million by 2033, and China which is expected to reach a valuation of US$ 888.5 million by 2033

In Japan, China and South Korea seaweed has been consumed for centuries in their diets, and the demand for seaweed has outpaced the supply. In Japan in particular, more than 20 species are consumed on a regular basis. The Japanese consume 120-180 grams of seaweed per month per person.

Growing urbanization to western countries has created awareness about the benefits of seaweed consumption across the globe. Modern day health enthusiasts are concerned about reducing environmental pollution. They are more inclined towards a healthier and nutritional approach towards food consumption. Edible seaweed is readily available, sustainable and nutritionally rich in terms of protein, vitamin and mineral content. Many seaweed species like the brown and red algae are used as gelling, thickening, and stabilizing agents.

Drivers of the United States Edible Seaweed Market

Use of seaweed in Pharmaceutical has spurred it demand in USA

According to FMI analysis, the United States Edible Seaweed industry is poised to exhibit a CAGR of 4.8% during the assessment period. By 2033, the United States market size is expected to reach US$ 5,429.8 million.

Over the last two decades, seaweeds are being used in pharmaceutical and medical industry due to the high diversity of their metabolites, seaweeds are used in medicine to treat ulcers, renal disorders asthma, lung diseases, heart diseases and even cancer. Multiple compounds like fatty acids, haloforms terpenoids, glycoproteins, halogenated alkanes and sterols are some of the most important seaweed substances that are widely used in pharmaceutical industry for drug development.

Seaweeds are a good source of bioactive compounds such as sulphated polysaccharides. There are used in the pharmaceutical sector for the manufacture of multiple ingredients for several years. Sulfated polysaccharides found in red, brown and green algae have been used to formulate a number of drugs, medicines and functional foods. In the united states the prevalence of diseases like cancer and diabetes is fairly high with created a need for edible seaweed algae in the manufacture of dietary supplements, and medicines.

Demand Outlook for the Edible Seaweed in Japan Market

Easy availability and demand for seaweed in Japan is expected to drive the Japanese Edible Seaweed market

Edible Seaweed demand in India is anticipated to rise at a steady CAGR of 4.6% during the forecast period from 2023 to 2033 and is expected to reach a valuation of US$ 1,800.0 Million by 2033

In Japan, consumption of seaweeds and shellfishes have a religious meaning. Kombu (Laminaria), wakame (Undaria) seaweeds are some of the examples of seaweeds and shellfishes that are commonly offered to Shinto Shrine. Nori (Porphyra spp.), wakame (Undaria pinnatifida.) and konbu (Lminaria spp) are mojor seaweeds consumed in Japan. They are consumed as processed seafood in dried, salted or boiled form. There are studies that support the consumption of seaweed daily from the prehistoric age. Hence the demand for edible seaweed is expected to be high in Japan and is expected to drive the East Asian Market

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Category-wise Insights

What is driving the higher demand for Red seaweeds, Nori in particular in comparison to green and brown seaweeds?

Red Seaweeds contain proteins like phycobiliproteins which are known for their antioxidant properties. Consumption of red seaweeds is beneficial in the prevention of neuro diseases that are caused due to oxidative deficiencies and in the treatment of cancer and gastric ulcers. They also contain omega-3 and omega-6 fatty acids that prevent diseases like diabetes. These diverse and useful applications of red algae in the pharmaceutical and medical sector have resulted in their high demand across the globe.

Nori, known as zicai in China and gim in Korea is perhaps the most popularly consumed seaweed. It is usually pressed into thin sheets that are dark green or black in colour and are used to wrap sushi rolls. Unlike Wakame, Kelp and other forms of edible seaweed that typically grow in deeper water, Nori is generally found in shallow coastal areas. Due to its existence in the Japanese cosines form the early 5th century, Nori has become a staple of the Japanese cuisine. Its powder is sprinkled over salads, soba and udon noodles and scrambled eggs as toppings and is used to wrap rice balls and sushi. Its versatility in nature and easy availability have created a surge in demand for edible seaweed in the global market

Competitive Landscape:

The competitive landscape of Edible Seaweed is dynamic and constantly evolving as the demand for sustainable and cost-effective feed options continues to grow. Several factors influence the competitiveness of Edible Seaweed, including availability, cost, nutritional value, market acceptance, and regulatory considerations.

Scope of the Report

Attribute Details
Market Size Value in 2023 US$ 11,250.0 million
Market Forecast Value in 2033 US$ 19,745.0 million
Anticipated Growth Rate (2023 to 2033) 5.8% CAGR
Forecast Period 2023 to 2033
Historical Data Available for 2018 to 2022
Market Analysis Volume (MT) and Value (US$ Million)
Key Regions Covered Latin America; North America; Europe; South Asia; East Asia; Oceania; and Middle East & Africa
Key Countries Covered Canada, United States, Mexico, Brazil, Chile, Peru, Argentina, Germany, France, Italy, Spain, United Kingdom, Netherlands, Belgium, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, and others
Key Market Segments Covered Product Type, Application, Form and Extraction method, and Region
Key Companies Profiled Gelymar; Tasmanian Seafood Seduction; PhycoHealth; Sea Forest; Australian Seaweed Institute; Marinova; Great Southern Ocean; The Seaweed Company; Acadian Seaplants; Qingdao Gather Great Ocean Algae Industry Group; Roquette Klotze GmbH; Cargill, Incorporated; Acadian Seaplants; Qingdao Seawin Biotech Group Co. Ltd.; CP Kelco USA, Inc.; AquAgri Processing Pvt. Ltd; Algaia; BASF SE

Edible Seaweed Market by Category

By Product Type:

  • Brown Algae
  • Green Algae
  • Red Algae

By End Use Application:

  • Food & Beverage Processing
  • Pharmaceuticals
  • Dietary Supplements and Nutraceuticals
  • Personal Care and Cosmetics
  • Animal Feed
  • Aqua Feed
  • Pet Food
  • Retail

By Extraction Method:

  • Conventional
  • Current Method

By Form:

  • Dried
    • Whole
    • Powder
  • Liquid

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Frequently Asked Questions

What is the Current Size

In 2023, the market is expected to be around US$ 11,250.0 million.

What is the Edible Seaweed Market CAGR?

The market to endure at a 5.8% CAGR through 2033.

How Much Did the Market's HCAGR Progress?

The edible seaweed sales increased at a HCAGR of 2.4% between 2018 and 2022.

What is the Edible Seaweed Market CAGR in Europe?

The Europe market to accelerate at a CAGR of 4.0% through 2033.

What are the United States’ Economic Future Outlook?

The North America market to thrive at a CAGR of 4.8% through 2033.

Table of Content
1. Executive Summary
    1.1. Global Market Outlook
    1.2. Demand Side Trends
    1.3. Supply Side Trends
    1.4. Technology Roadmap
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition
3. Market Dynamics
    3.1. Drivers
        3.1.1. Supply Side Drivers
        3.1.2. Demand Side drivers
        3.1.3. Economic Side Drivers
    3.2. Restraints
    3.3. Opportunity
    3.4. Market trends By Region
    3.5. Forecast Factors - Relevance & Impact
    3.6. Key Regulations and Policies
4. Value Chain Analysis
    4.1. Operating margins at each node of the supply chain
    4.2. List of Active Market Participants
5. Global - Pricing Analysis
    5.1. Price Point Assessment by Region
        5.1.1. Manufacturer-Level Pricing
        5.1.2. Distributor Level Pricing
    5.2. Price Point Assessment By Product
    5.3. Price Forecast till 2033
6. Global Market Size (in Value (US$ million) and Volume (MT) Analysis 2018 to 2022 and Forecast, 2023 to 2033
    6.1. Historical Market Size (in Value (US$ million) and Volume (MT) Analysis, 2018 to 2022
    6.2. Current and Future Market Size (in Value (US$ million) and Volume (MT) Analysis, 2023 to 2033
        6.2.1. Y-o-Y Growth Trend Analysis
        6.2.2. Absolute $ Opportunity Analysis
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
    7.1. Introduction / Key Findings
    7.2. Historical Market Size (in Value (US$ million) and Volume (MT) Analysis By Product Type, 2018 to 2022
    7.3. Current and Future Market Size (in Value (US$ million) and Volume (MT) Analysis and Forecast By Product Type, 2023 to 2033
        7.3.1. Brown Algae
        7.3.2. Green Algae
        7.3.3. Red Algae
    7.4. Market Attractiveness Analysis By Product Type
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use Application
    8.1. Introduction / Key Findings
    8.2. Historical Market Size (in Value (US$ million) and Volume (MT) Analysis By End Use Application, 2018 to 2022
    8.3. Current and Future Market Size (in Value (US$ million) and Volume (MT) Analysis and Forecast By End Use Application, 2023 to 2033
        8.3.1. Food & Beverage Processing
        8.3.2. Pharmaceuticals
        8.3.3. Dietary Supplements and Nutraceuticals
        8.3.4. Personal Care and Cosmetics
        8.3.5. Animal Feed
        8.3.6. Aqua Feed
        8.3.7. Pet Food
        8.3.8. Retail
    8.4. Market Attractiveness Analysis By End Use Application
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Extraction Method
    9.1. Introduction / Key Findings
    9.2. Historical Market Size (in Value (US$ million) and Volume (MT) Analysis By Extraction Method, 2018 to 2022
    9.3. Current and Future Market Size (in Value (US$ million) and Volume (MT) Analysis and Forecast By Extraction Method, 2023 to 2033
        9.3.1. Conventional
        9.3.2. Current Method
    9.4. Market Attractiveness Analysis By Extraction Method
10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form
    10.1. Introduction / Key Findings
    10.2. Historical Market Size (in Value (US$ million) and Volume (MT) Analysis By Extraction Method, 2018 to 2022
    10.3. Current and Future Market Size (in Value (US$ million) and Volume (MT) Analysis and Forecast By Extraction Method, 2023 to 2033
        10.3.1. Dried
        10.3.2. Liquid
    10.4. Market Attractiveness Analysis By Extraction Method
11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
    11.1. Introduction
    11.2. Historical Market Size (in Value (US$ billion) and Volume (MT) Analysis By Region, 2018 to 2022
    11.3. Current Market Size (in Value (US$ billion) and Volume (MT) Analysis and Forecast By Region, 2023 to 2033
        11.3.1. North America
        11.3.2. Latin America
        11.3.3. Europe
        11.3.4. East Asia
        11.3.5. South Asia
        11.3.6. Oceania
        11.3.7. MEA
    11.4. Market Attractiveness Analysis By Region
12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
    12.1. Introduction
    12.2. Historical Market Size (US$ billion) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
    12.3. Market Size (US$ billion) and Volume Forecast By Market Taxonomy, 2023 to 2033
        12.3.1. By Country
            12.3.1.1. USA
            12.3.1.2. Canada
        12.3.2. By Product Type
        12.3.3. By End Use Application
        12.3.4. By Extraction Method
        12.3.5. By Form
    12.4. Market Attractiveness Analysis
        12.4.1. By Country
        12.4.2. By Product Type
        12.4.3. By End Use Application
        12.4.4. By Extraction Method
        12.4.5. By Form
    12.5. Key Takeaways
13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
    13.1. Introduction
    13.2. Historical Market Size (US$ billion) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
    13.3. Market Size (US$ billion) and Volume Forecast By Market Taxonomy, 2023 to 2033
        13.3.1. By Country
            13.3.1.1. Brazil
            13.3.1.2. Mexico
            13.3.1.3. Argentina
            13.3.1.4. Rest of Latin America
        13.3.2. By Product Type
        13.3.3. By End Use Application
        13.3.4. By Extraction Method
        13.3.5. By Form
    13.4. Market Attractiveness Analysis
        13.4.1. By Country
        13.4.2. By Product Type
        13.4.3. By End Use Application
        13.4.4. By Extraction Method
        13.4.5. By Form
    13.5. Key Takeaways
14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
    14.1. Introduction
    14.2. Historical Market Size (US$ billion) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
    14.3. Market Size (US$ billion) and Volume Forecast By Market Taxonomy, 2023 to 2033
        14.3.1. By Country
            14.3.1.1. Germany
            14.3.1.2. UK
            14.3.1.3. France
            14.3.1.4. Italy
            14.3.1.5. Spain
            14.3.1.6. BENELUX
            14.3.1.7. Nordic
            14.3.1.8. Russia
            14.3.1.9. Poland
            14.3.1.10. Rest of Europe
        14.3.2. By Product Type
        14.3.3. By End Use Application
        14.3.4. By Extraction Method
        14.3.5. By Form
    14.4. Market Attractiveness Analysis
        14.4.1. By Country
        14.4.2. By Product Type
        14.4.3. By End Use Application
        14.4.4. By Extraction Method
        14.4.5. By Form
    14.5. Key Takeaways
15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
    15.1. Introduction
    15.2. Historical Market Size (US$ billion) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
    15.3. Market Size (US$ billion) and Volume Forecast By Market Taxonomy, 2023 to 2033
        15.3.1. By Country
            15.3.1.1. China
            15.3.1.2. Japan
            15.3.1.3. South Korea
        15.3.2. By Product Type
        15.3.3. By End Use Application
        15.3.4. By Extraction Method
        15.3.5. By Form
    15.4. Market Attractiveness Analysis
        15.4.1. By Country
        15.4.2. By Product Type
        15.4.3. By End Use Application
        15.4.4. By Extraction Method
        15.4.5. By Form
    15.5. Key Takeaways
16. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
    16.1. Introduction
    16.2. Historical Market Size (US$ billion) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
    16.3. Market Size (US$ billion) and Volume Forecast By Market Taxonomy, 2023 to 2033
        16.3.1. By Country
            16.3.1.1. India
            16.3.1.2. Thailand
            16.3.1.3. Malaysia
            16.3.1.4. Indonesia
            16.3.1.5. Vietnam
            16.3.1.6. Philippines
            16.3.1.7. Singapore
            16.3.1.8. Rest of South Asia
        16.3.2. By Product Type
        16.3.3. By End Use Application
        16.3.4. By Extraction Method
        16.3.5. By Form
    16.4. Market Attractiveness Analysis
        16.4.1. By Country
        16.4.2. By Product Type
        16.4.3. By End Use Application
        16.4.4. By Extraction Method
        16.4.5. By Form
    16.5. Key Takeaways
17. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
    17.1. Introduction
    17.2. Historical Market Size (US$ billion) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
    17.3. Market Size (US$ billion) and Volume Forecast By Market Taxonomy, 2023 to 2033
        17.3.1. By Country
            17.3.1.1. Australia
            17.3.1.2. New Zealand
        17.3.2. By Product Type
        17.3.3. By End Use Application
        17.3.4. By Extraction Method
        17.3.5. By Form
    17.4. Market Attractiveness Analysis
        17.4.1. By Country
        17.4.2. By Product Type
        17.4.3. By End Use Application
        17.4.4. By Extraction Method
        17.4.5. By Form
    17.5. Key Takeaways
18. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033
    18.1. Introduction
    18.2. Historical Market Size (US$ billion) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
    18.3. Market Size (US$ billion) and Volume Forecast By Market Taxonomy, 2023 to 2033
        18.3.1. By Country
            18.3.1.1. GCC Countries
            18.3.1.2. South Africa
            18.3.1.3. Rest of MEA
        18.3.2. By Product Type
        18.3.3. By End Use Application
        18.3.4. By Extraction Method
        18.3.5. By Form
    18.4. Market Attractiveness Analysis
        18.4.1. By Country
        18.4.2. By Product Type
        18.4.3. By End Use Application
        18.4.4. By Extraction Method
        18.4.5. By Form
    18.5. Key Takeaways
19. Country-level Seaweed Algae Market Analysis
    19.1. Introduction
        19.1.1. Market Value Proportion Analysis, By Key Countries
        19.1.2. Global Vs. Country Growth Comparison
    19.2. USA Seaweed Algae Market Analysis
        19.2.1. By Product Type
        19.2.2. By End Use Application
        19.2.3. By Extraction Method
        19.2.4. By Form
    19.3. Canada Seaweed Algae Market Analysis
        19.3.1. By Product Type
        19.3.2. By End Use Application
        19.3.3. By Extraction Method
        19.3.4. By Form
    19.4. Brazil Seaweed Algae Market Analysis
        19.4.1. By Product Type
        19.4.2. By End Use Application
        19.4.3. By Extraction Method
        19.4.4. By Form
    19.5. Mexico Seaweed Algae Market Analysis
        19.5.1. By Product Type
        19.5.2. By End Use Application
        19.5.3. By Extraction Method
        19.5.4. By Form
    19.6. Germany Seaweed Algae Market Analysis
        19.6.1. By Product Type
        19.6.2. By End Use Application
        19.6.3. By Extraction Method
        19.6.4. By Form
    19.7. UK Seaweed Algae Market Analysis
        19.7.1. By Product Type
        19.7.2. By End Use Application
        19.7.3. By Extraction Method
        19.7.4. By Form
    19.8. France Seaweed Algae Market Analysis
        19.8.1. By Product Type
        19.8.2. By End Use Application
        19.8.3. By Extraction Method
        19.8.4. By Form
    19.9. Italy Seaweed Algae Market Analysis
        19.9.1. By Product Type
        19.9.2. By End Use Application
        19.9.3. By Extraction Method
        19.9.4. By Form
    19.10. Spain Seaweed Algae Market Analysis
        19.10.1. By Product Type
        19.10.2. By End Use Application
        19.10.3. By Extraction Method
        19.10.4. By Form
    19.11. BENELUX Europe Seaweed Algae Market Analysis
        19.11.1. By Product Type
        19.11.2. By End Use Application
        19.11.3. By Extraction Method
        19.11.4. By Form
    19.12. Nordic Seaweed Algae Market Analysis
        19.12.1. By Product Type
        19.12.2. By End Use Application
        19.12.3. By Extraction Method
        19.12.4. By Form
    19.13. Russia Region Seaweed Algae Market Analysis
        19.13.1. By Product Type
        19.13.2. By End Use Application
        19.13.3. By Extraction Method
        19.13.4. By Form
    19.14. Poland Seaweed Algae Market Analysis
        19.14.1. By Product Type
        19.14.2. By End Use Application
        19.14.3. By Extraction Method
        19.14.4. By Form
    19.15. China Seaweed Algae Market Analysis
        19.15.1. By Product Type
        19.15.2. By End Use Application
        19.15.3. By Extraction Method
        19.15.4. By Form
    19.16. Japan Seaweed Algae Market Analysis
        19.16.1. By Product Type
        19.16.2. By End Use Application
        19.16.3. By Extraction Method
        19.16.4. By Form
    19.17. India Seaweed Algae Market Analysis
        19.17.1. By Product Type
        19.17.2. By End Use Application
        19.17.3. By Extraction Method
        19.17.4. By Form
    19.18. Thailand Seaweed Algae Market Analysis
        19.18.1. By Product Type
        19.18.2. By End Use Application
        19.18.3. By Extraction Method
        19.18.4. By Form
    19.19. Malaysia Seaweed Algae Market Analysis
        19.19.1. By Product Type
        19.19.2. By End Use Application
        19.19.3. By Extraction Method
        19.19.4. By Form
    19.20. Indonesia Seaweed Algae Market Analysis
        19.20.1. By Product Type
        19.20.2. By End Use Application
        19.20.3. By Extraction Method
        19.20.4. By Form
    19.21. Vietnam Seaweed Algae Market Analysis
        19.21.1. By Product Type
        19.21.2. By End Use Application
        19.21.3. By Extraction Method
        19.21.4. By Form
    19.22. Philippines Seaweed Algae Market Analysis
        19.22.1. By Product Type
        19.22.2. By End Use Application
        19.22.3. By Extraction Method
        19.22.4. By Form
    19.23. Singapore Seaweed Algae Market Analysis
        19.23.1. By Product Type
        19.23.2. By End Use Application
        19.23.3. By Extraction Method
        19.23.4. By Form
    19.24. Australia Seaweed Algae Market Analysis
        19.24.1. By Product Type
        19.24.2. By End Use Application
        19.24.3. By Extraction Method
        19.24.4. By Form
    19.25. New Zealand Seaweed Algae Market Analysis
        19.25.1. By Product Type
        19.25.2. By End Use Application
        19.25.3. By Extraction Method
        19.25.4. By Form
    19.26. GCC Countries Seaweed Algae Market Analysis
        19.26.1. By Product Type
        19.26.2. By End Use Application
        19.26.3. By Extraction Method
        19.26.4. By Form
    19.27. South Africa Seaweed Algae Market Analysis
        19.27.1. By Product Type
        19.27.2. By End Use Application
        19.27.3. By Extraction Method
        19.27.4. By Form
20. Market Structure Analysis
    20.1. Global Market Competition - a Dashboard View
    20.2. Global Market Structure Analysis
    20.3. Global Market Company Share Analysis
        20.3.1. For Tier 1 Market Players, 2022
        20.3.2. Company Market Share Analysis of Top 5 Players, By Region
    20.4. Key Participants Market Presence (Intensity Mapping) by Region
21. Market Structure Analysis
    21.1. Global Competition - a Dashboard View
    21.2. Industry Structure Analysis
        21.2.1. % tier 1 market players
        21.2.2. % tier 2 market players
        21.2.3. % tier 3 market players
    21.3. Global Market Company Share Analysis
        21.3.1. For Tier 1 Market Players, 2023
        21.3.2. Company Market Share Analysis of Top 5 Players, By Region
    21.4. Key Participants Market Presence (Intensity Mapping) by Region
22. Competition Analysis
    22.1. Competition Dashboard
    22.2. Competition Benchmarking
    22.3. Competition Deep Dive
        22.3.1. Gelymar
            22.3.1.1. Product Portfolio
            22.3.1.2. Product Claim
            22.3.1.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.1.4. Sales Footprint
            22.3.1.5. Strategy Overview
                22.3.1.5.1. Marketing Strategy
                22.3.1.5.2. Product Strategy
                22.3.1.5.3. Channel Strategy
                    22.3.1.5.3.1. SWOT Analysis
        22.3.2. Tasmanian Seafood Seduction
            22.3.2.1. Product Portfolio
            22.3.2.2. Product Claim
            22.3.2.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.2.4. Sales Footprint
            22.3.2.5. Strategy Overview
                22.3.2.5.1. Marketing Strategy
                22.3.2.5.2. Product Strategy
                22.3.2.5.3. Channel Strategy
                    22.3.2.5.3.1. SWOT Analysis
        22.3.3. PhycoHealth
            22.3.3.1. Product Portfolio
            22.3.3.2. Product Claim
            22.3.3.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.3.4. Sales Footprint
            22.3.3.5. Strategy Overview
                22.3.3.5.1. Marketing Strategy
                22.3.3.5.2. Product Strategy
                22.3.3.5.3. Channel Strategy
                    22.3.3.5.3.1. SWOT Analysis
        22.3.4. Sea Forest
            22.3.4.1. Product Portfolio
            22.3.4.2. Product Claim
            22.3.4.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.4.4. Sales Footprint
            22.3.4.5. Strategy Overview
                22.3.4.5.1. Marketing Strategy
                22.3.4.5.2. Product Strategy
                22.3.4.5.3. Channel Strategy
                    22.3.4.5.3.1. SWOT Analysis
        22.3.5. Australian Seaweed Institute
            22.3.5.1. Product Portfolio
            22.3.5.2. Product Claim
            22.3.5.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.5.4. Sales Footprint
            22.3.5.5. Strategy Overview
                22.3.5.5.1. Marketing Strategy
                22.3.5.5.2. Product Strategy
                22.3.5.5.3. Channel Strategy
                    22.3.5.5.3.1. SWOT Analysis
        22.3.6. Marinova
            22.3.6.1. Product Portfolio
            22.3.6.2. Product Claim
            22.3.6.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.6.4. Sales Footprint
            22.3.6.5. Strategy Overview
                22.3.6.5.1. Marketing Strategy
                22.3.6.5.2. Product Strategy
                22.3.6.5.3. Channel Strategy
                    22.3.6.5.3.1. SWOT Analysis
        22.3.7. Great Southern Ocean
            22.3.7.1. Product Portfolio
            22.3.7.2. Product Claim
            22.3.7.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.7.4. Sales Footprint
            22.3.7.5. Strategy Overview
                22.3.7.5.1. Marketing Strategy
                22.3.7.5.2. Product Strategy
                22.3.7.5.3. Channel Strategy
                    22.3.7.5.3.1. SWOT Analysis
        22.3.8. The Seaweed Company
            22.3.8.1. Product Portfolio
            22.3.8.2. Product Claim
            22.3.8.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.8.4. Sales Footprint
            22.3.8.5. Strategy Overview
                22.3.8.5.1. Marketing Strategy
                22.3.8.5.2. Product Strategy
                22.3.8.5.3. Channel Strategy
                    22.3.8.5.3.1. SWOT Analysis
        22.3.9. Acadian Seaplants
            22.3.9.1. Product Portfolio
            22.3.9.2. Product Claim
            22.3.9.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.9.4. Sales Footprint
            22.3.9.5. Strategy Overview
                22.3.9.5.1. Marketing Strategy
                22.3.9.5.2. Product Strategy
                22.3.9.5.3. Channel Strategy
                    22.3.9.5.3.1. SWOT Analysis
        22.3.10. Qingdao Gather Great Ocean Algae Industry Group
            22.3.10.1. Product Portfolio
            22.3.10.2. Product Claim
            22.3.10.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.10.4. Sales Footprint
            22.3.10.5. Strategy Overview
                22.3.10.5.1. Marketing Strategy
                22.3.10.5.2. Product Strategy
                22.3.10.5.3. Channel Strategy
                    22.3.10.5.3.1. SWOT Analysis
        22.3.11. Roquette Klotze GmbH
            22.3.11.1. Product Portfolio
            22.3.11.2. Product Claim
            22.3.11.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.11.4. Sales Footprint
            22.3.11.5. Strategy Overview
                22.3.11.5.1. Marketing Strategy
                22.3.11.5.2. Product Strategy
                22.3.11.5.3. Channel Strategy
                    22.3.11.5.3.1. SWOT Analysis
        22.3.12. Cargill, Incorporated
            22.3.12.1. Product Portfolio
            22.3.12.2. Product Claim
            22.3.12.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.12.4. Sales Footprint
            22.3.12.5. Strategy Overview
                22.3.12.5.1. Marketing Strategy
                22.3.12.5.2. Product Strategy
                22.3.12.5.3. Channel Strategy
                    22.3.12.5.3.1. SWOT Analysis
        22.3.13. Acadian Seaplants
            22.3.13.1. Product Portfolio
            22.3.13.2. Product Claim
            22.3.13.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.13.4. Sales Footprint
            22.3.13.5. Strategy Overview
                22.3.13.5.1. Marketing Strategy
                22.3.13.5.2. Product Strategy
                22.3.13.5.3. Channel Strategy
                    22.3.13.5.3.1. SWOT Analysis
        22.3.14. Qingdao Seawin Biotech Group Co. Ltd.
            22.3.14.1. Product Portfolio
            22.3.14.2. Product Claim
            22.3.14.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.14.4. Sales Footprint
            22.3.14.5. Strategy Overview
                22.3.14.5.1. Marketing Strategy
                22.3.14.5.2. Product Strategy
                22.3.14.5.3. Channel Strategy
                    22.3.14.5.3.1. SWOT Analysis
        22.3.15. CP Kelco USA, Inc.
            22.3.15.1. Product Portfolio
            22.3.15.2. Product Claim
            22.3.15.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.15.4. Sales Footprint
            22.3.15.5. Strategy Overview
                22.3.15.5.1. Marketing Strategy
                22.3.15.5.2. Product Strategy
                22.3.15.5.3. Channel Strategy
                    22.3.15.5.3.1. SWOT Analysis
        22.3.16. AquAgri Processing Pvt. Ltd
            22.3.16.1. Product Portfolio
            22.3.16.2. Product Claim
            22.3.16.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.16.4. Sales Footprint
            22.3.16.5. Strategy Overview
                22.3.16.5.1. Marketing Strategy
                22.3.16.5.2. Product Strategy
                22.3.16.5.3. Channel Strategy
                    22.3.16.5.3.1. SWOT Analysis
        22.3.17. Algaia
            22.3.17.1. Product Portfolio
            22.3.17.2. Product Claim
            22.3.17.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.17.4. Sales Footprint
            22.3.17.5. Strategy Overview
                22.3.17.5.1. Marketing Strategy
                22.3.17.5.2. Product Strategy
                22.3.17.5.3. Channel Strategy
                    22.3.17.5.3.1. SWOT Analysis
        22.3.18. BASF SE
            22.3.18.1. Product Portfolio
            22.3.18.2. Product Claim
            22.3.18.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.18.4. Sales Footprint
            22.3.18.5. Strategy Overview
                22.3.18.5.1. Marketing Strategy
                22.3.18.5.2. Product Strategy
                22.3.18.5.3. Channel Strategy
                    22.3.18.5.3.1. SWOT Analysis
        22.3.19. Other Players (On Additional Requests)
            22.3.19.1. Product Portfolio
            22.3.19.2. Product Claim
            22.3.19.3. Revenue by Market Segments (Product/ channel/Region)
            22.3.19.4. Sales Footprint
            22.3.19.5. Strategy Overview
                22.3.19.5.1. Marketing Strategy
                22.3.19.5.2. Product Strategy
                22.3.19.5.3. Channel Strategy
                    22.3.19.5.3.1. SWOT Analysis
23. Assumptions and Acronyms Used
24. Research Methodology

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