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The global Edible Seaweed market size was valued at USD 6359.29 Million in 2022 and will reach USD 8663.45 Million in 2028, with a CAGR of 5.29% during 2022-2028.
Edible seaweed are marine algae which are simple plants that dwell in saltwater and belong to one of the several group of multicellular algae, including red algae, green algae and brown algae Edible seaweed contains high amount of fiber and are used in preparation of variety of food. Apart from their applications in food industry edible seaweeds are also used for industrial applications and as a fertilizer.
In recent years there has been a strong movement in France to introduce seaweed into the European cuisine, with some success, although it is still regarded as an exotic component of the menu. It has gained more acceptance in regions like California and Hawaii, where communities of Japanese are larger and the taste for seaweeds spreads out into the surrounding population through finding them on restaurant menus and supermarket shelves.
On the east coast of United States of America and Canada, around Maine, New Brunswick and Nova Scotia, some companies have begun cultivating seaweeds onshore, in tanks, specifically for human consumption, and their markets are growing, both in those two countries and with exports to Japan. Ireland and Northern Ireland are showing a renewed interest in seaweeds that were once a traditional part of the diet. Already on the market in many countries around the world are cooking books incorporating recipes using "sea vegetables".
Limitations
Seaweed: It’s what’s for dinner. While it has always played a significant role as a cooking ingredient in East Asian cuisines, seaweed has yet to truly catch on as a part of Western diets. People in Western seldom eat seaweed.
Low consumer awareness of sea vegetables in the western countries is a major barrier to market growth. Apart from some coastal areas, there is not a tradition of eating sea vegetables in Europe. Most consumers therefore do not know how to include nori, wakame, dulse and kombu in food products.
Opportunities
New products from seaweeds that have been accepted as human food for many decades. With demands for low-calorie, nutrient-dense foods at an all-time high, health-conscious and adventurous eaters alike are looking for new items to incorporate into their dietary regimens. The market for sea vegetablesis projected to continue to grow at in the coming years. Traditionally, most demand was from catering & foodservice companies that mainly used nori, wakame and kombu in Japanese and Asian cuisine. Although demand continues to rise from this sector, the retail market and food processors are also becoming important. Nori is becoming available in retailers across Europe, whilst a growing number of food processors are using sea vegetables.
Consumption of sea vegetables is rising as consumers become more aware of their health and nutritional benefits. Sea vegetables are important source of protein and vitamins, such as vitamins A, C, E, B1, B2, B6, and B12. Sea vegetables are also rich in iron, magnesium, potassium, boron, silica, selenium and chromium. According to the University of Glasgow, since they are a rich source of iodine, sea vegetables could also provide a solution to iodine deficiency.
Region Overview:
From 2022-2027, Southeast Asia is estimated to witness robust growth prospects
Company Overview:
Kaneryo Sea Vegetable Corp, Marcel Carrageenan, SHEMBERG, Qingdao Gather Huge Ocean Biotechnology and DAKINI TIDAL WILDS are the five key players in the global Edible Seaweed market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Edible Seaweed market in the past 5 years.
Segmentation Overview:
Among different product types, Red Algae segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Food segment occupied the biggest share from 2017 to 2022.
The Edible Seaweed market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global Edible Seaweed market covered in Chapter 4:
Kaneryo Sea Vegetable Corp
Algamar
Maine Fresh Sea Farms
Sarl Biocean
ALGOLESKO
Seaweed Indonesia
PACIFIC HARVEST
DAKINI TIDAL WILDS
SEAWEED AMERICA
Irish Seaweeds
Marine Inspire
Wild Irish Sea Veg
Qingdao Gather Huge Ocean Biotechnology
SHEMBERG
Marcel Carrageenan
Acadian Seaplants Limited
In Chapter 12 and Chapter 14.1, on the basis of types, the Edible Seaweed market from 2018 to 2028 is primarily split into:
Brown Algae
Red Algae
Green Algae
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Edible Seaweed market from 2018 to 2028 covers:
Food
Feed
Medicinal Uses
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the Edible Seaweed market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Edible Seaweed market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides Edible Seaweed industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts Edible Seaweed industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Edible Seaweed market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight Edible Seaweed market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the Edible Seaweed market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the Edible Seaweed market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
2022
Edible seaweed are marine algae which are simple plants that dwell in saltwater and belong to one of the several group of multicellular algae, including red algae, green algae and brown algae Edible seaweed contains high amount of fiber and are used in preparation of variety of food. Apart from their applications in food industry edible seaweeds are also used for industrial applications and as a fertilizer.
In recent years there has been a strong movement in France to introduce seaweed into the European cuisine, with some success, although it is still regarded as an exotic component of the menu. It has gained more acceptance in regions like California and Hawaii, where communities of Japanese are larger and the taste for seaweeds spreads out into the surrounding population through finding them on restaurant menus and supermarket shelves.
On the east coast of United States of America and Canada, around Maine, New Brunswick and Nova Scotia, some companies have begun cultivating seaweeds onshore, in tanks, specifically for human consumption, and their markets are growing, both in those two countries and with exports to Japan. Ireland and Northern Ireland are showing a renewed interest in seaweeds that were once a traditional part of the diet. Already on the market in many countries around the world are cooking books incorporating recipes using "sea vegetables".
Limitations
Seaweed: It’s what’s for dinner. While it has always played a significant role as a cooking ingredient in East Asian cuisines, seaweed has yet to truly catch on as a part of Western diets. People in Western seldom eat seaweed.
Low consumer awareness of sea vegetables in the western countries is a major barrier to market growth. Apart from some coastal areas, there is not a tradition of eating sea vegetables in Europe. Most consumers therefore do not know how to include nori, wakame, dulse and kombu in food products.
Opportunities
New products from seaweeds that have been accepted as human food for many decades. With demands for low-calorie, nutrient-dense foods at an all-time high, health-conscious and adventurous eaters alike are looking for new items to incorporate into their dietary regimens. The market for sea vegetablesis projected to continue to grow at in the coming years. Traditionally, most demand was from catering & foodservice companies that mainly used nori, wakame and kombu in Japanese and Asian cuisine. Although demand continues to rise from this sector, the retail market and food processors are also becoming important. Nori is becoming available in retailers across Europe, whilst a growing number of food processors are using sea vegetables.
Consumption of sea vegetables is rising as consumers become more aware of their health and nutritional benefits. Sea vegetables are important source of protein and vitamins, such as vitamins A, C, E, B1, B2, B6, and B12. Sea vegetables are also rich in iron, magnesium, potassium, boron, silica, selenium and chromium. According to the University of Glasgow, since they are a rich source of iodine, sea vegetables could also provide a solution to iodine deficiency.
Region Overview:
From 2022-2027, Southeast Asia is estimated to witness robust growth prospects
Company Overview:
Kaneryo Sea Vegetable Corp, Marcel Carrageenan, SHEMBERG, Qingdao Gather Huge Ocean Biotechnology and DAKINI TIDAL WILDS are the five key players in the global Edible Seaweed market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Edible Seaweed market in the past 5 years.
Segmentation Overview:
Among different product types, Red Algae segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Food segment occupied the biggest share from 2017 to 2022.
The Edible Seaweed market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global Edible Seaweed market covered in Chapter 4:
Kaneryo Sea Vegetable Corp
Algamar
Maine Fresh Sea Farms
Sarl Biocean
ALGOLESKO
Seaweed Indonesia
PACIFIC HARVEST
DAKINI TIDAL WILDS
SEAWEED AMERICA
Irish Seaweeds
Marine Inspire
Wild Irish Sea Veg
Qingdao Gather Huge Ocean Biotechnology
SHEMBERG
Marcel Carrageenan
Acadian Seaplants Limited
In Chapter 12 and Chapter 14.1, on the basis of types, the Edible Seaweed market from 2018 to 2028 is primarily split into:
Brown Algae
Red Algae
Green Algae
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Edible Seaweed market from 2018 to 2028 covers:
Food
Feed
Medicinal Uses
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the Edible Seaweed market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Edible Seaweed market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides Edible Seaweed industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts Edible Seaweed industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Edible Seaweed market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight Edible Seaweed market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the Edible Seaweed market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the Edible Seaweed market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
