The Seaweed Extracts Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Seaweed Extracts Market?
The size of the seaweed extracts market has significantly expanded in the recent past. The market is expected to rise from $2.44 billion in 2024 to $2.60 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Seaweed Extracts Industry?
The Seaweed Extracts Global Market is predicted to grow to a size of $3.35 billion by the year 2029, expanding at a compound annual growth rate (CAGR) of 6.5%.
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What are the Key Growth Drivers Fueling the Seaweed Extracts Market?
The key drivers in the seaweed extracts market are:
• Rising demand for sustainable and eco-friendly ingredients
• Increased use of seaweed-based products in cosmetics and personal care
• Growing trend towards plant-based diets
• Increased interest in plant-based nutritional supplements and biofuels.
Global Market Segmentation: Identifying Major Seaweed Extracts Industry Segments
The seaweed extracts market covered in this report is segmented –
1) By Type: Red, Brown, Green
2) By Form: Liquid, Powder, Flakes
3) By Application: Food And Beverages, Agriculture, Pharmaceuticals, Other Applications
Subsegments:
1) By Red Seaweed Extracts: Agar, Carrageenan, Polysaccharides
2) By Brown Seaweed Extracts: Alginates, Fucoidan, Laminarin
3) By Green Seaweed Extracts: Chlorophyll, Ulvan, Proteins And Peptides
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What are the emerging Trends Shaping the Future of the Seaweed Extracts Market?
The key trends in the seaweed extracts market are:
• The trend towards sustainable and eco-friendly ingredients is increasing within the market.
• The use of seaweed-based products in the cosmetic and personal care sector is a growing trend.
• There is a rising trend towards using seaweed extracts in plant-based diets and nutritional supplements.
• Increasing integration of biotechnology, sustainable practices, and innovative extraction technologies in seaweed cultivation is also a major market trend.
Who Are the Top Competitors & Leading Players in the Seaweed Extracts Market?
Major players in the seaweed extracts market are:
• Cargill Inc.
• DuPont de Nemours Inc.
• FMC Corporation
• CP Kelco
• Acadian Seaplants Limited
• Laford Agrotech Limited
• Compania Espanola de Algas Marinas S.A
• Gelymar S.A.
• Seasol International Pty Ltd.
• Grow More Inc.
• Beijing Leili Marine Bioindustry Inc.
• Indigrow Ltd.
• Suboneyo Chemicals Pharmaceuticals (P) Limited
• TBK Manufacturing Corporation
• Kimica Corporation
• Mycsa AG
• Aquatic Chemicals
• Atharv Chemicals and Fertilizers Pvt. Ltd.
• Humate (Tianjin) International Limited
• Ocean organics
• Tagrow Co. Ltd.
• Technaflora Plant Products Ltd.
• Yash Chemicals Ltd.
• Cascadia Seaweed Corp.
Regional Dominance: Which Area Leads the Global Template Market?
Europe was the largest region in the seaweed extracts market in 2024
