Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Commercial Seaweed Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Key Forecast Insights for the Commercial Seaweed Market Growth?
The commercial seaweed market size has grown rapidly in recent years. It will grow from $21.88 billion in 2024 to $24.47 billion in 2025 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period can be attributed to demand in food industry, increased cosmetic and personal care applications, biofuel production, increased textile industry, carrageenan production.
What Is the Predicted Industry Size and CAGR of the Commercial Seaweed Market in 2029?
The Commercial Seaweed Global Market Report 2025 predicts that by 2029, the market size for commercial seaweed will reach $38.48 billion. This growth represents a compound annual growth rate (CAGR) of 12.0%.
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Which Factors Are Driving Growth in the Commercial Seaweed Market?
The key drivers in the commercial seaweed market are:
• Growth is being fueled by the increasing consumption of plant-based products.
• Commercial seaweed's use in the manufacturing of plant-based foods is also a key driver.
• The protein content addition benefits of seaweeds in plant-based products is driving the market.
• The ongoing rise in consumer consumption of plant-based products is propelling the commercial seaweed market.
Which Segment Trends Are Covered in the Commercial Seaweed Market Forecast?
The commercial seaweedmarket covered in this report is segmented –
1) By Product: Brown Seaweeds, Red Seaweeds, Green Seaweeds
2) By Type: Liquid, Powdered, Flakes
3) By End User: Food And Beverages, Agricultural Products, Animal Feed Additives, Pharmaceuticals, Other End Users
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What Are the Current Market Trends in the Commercial Seaweed Industry?
The key trends in the commercial seaweed market are:
• Major companies in the commercial seaweed market are focusing on innovative solutions like enhanced seaweed farming techniques.
• The introduction of controlled environments such as off-shore or near-shore installations is trending for optimized seaweed growth conditions.
• The integration of initiatives for environmental sustainability is shaping the future, with techniques like carbon sequestration in seaweed farms.
• The exploration of environmental benefits of large-scale seaweed farming is an upcoming trend.
Who are the Key Companies in the Commercial Seaweed Market?
Major players in the commercial seaweed market are:
• Cargill Inc.
• CP Kelco U.S. Inc.
• Acadian Seaplants Limited
• Gelymar SA
• Extractos Naturales Gelymar S.A.
• Seasol International
• Indigrow Ltd.
• Ocean Harvest Technology Limited
• AquAgri Processing Pvt. Ltd.
• West Coast Marine Bio-Processing Corp.
• The Seaweed Company B.V.
• Pacific Harvest
• The Irish Seaweed Company
• AtSeaNova
• Seaweed Solutions AS
• Shore Seaweed Co.
• Dalian Ocean University Seaweed Industry Group
• Algaia SA
• Rhodomaxx Sdn. Bhd.
• Qingdao Gather Great Ocean Industry Group (GGOG)
• Kelp Industries PTY. Ltd.
• Nantong Xinlang Seaweed & Foods Co. Ltd.
• Mara Seaweed Ltd.
• Leili Group
• Dycolor Seaweed Industries
• Shandong Qingdao Lihua Seaweed Industry Group Co. Ltd.
• Travena Organic Solutions Ltd.
What are the Regional Trends Across the Commercial Seaweed Market?
Asia-Pacific was the largest region in the commercial seaweed market in 2024
