Seaweed Extracts Market Report 2026

Seaweed Extracts Market Overview

• Seaweed Extracts market size has reached to $2.58 billion in 2025 • Expected to grow to $3.49 billion in 2030 at a compound annual growth rate (CAGR) of 6.2% • Growth Driver: Rising Demand For Biofuels Propels Market Growth Owing To Increasing Adoption Of Renewable Energy Sources • Market Trend: Innovative Plant-Based Seaweed Extracts Drive Sustainable Agricultural Solutions • Europe was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Seaweed Extracts Market?

Seaweed extracts refer to bioactive compounds derived from various species of seaweed, typically through processes like solvent extraction, hydrolysis, or fermentation. These extracts are rich in nutrients such as polysaccharides, proteins, vitamins, minerals, and antioxidants. They are commonly used in agriculture as biostimulants to enhance plant growth, in food and beverages as natural additives, and in cosmetics for their skin-nourishing properties. The main types of seaweed extracts are red, brown, and green. Red seaweed is a type of marine algae known for its reddish color and is used in various industries, including food, cosmetics, and pharmaceuticals. It is available in liquid, powder, and flake forms. It is used in various applications such as food and beverages, agriculture, pharmaceuticals, and other applications.

What Is The Seaweed Extracts Market Growth Forecast?

The seaweed extracts market size is expected to see strong growth in the next few years. It will grow to $3.49 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increasing demand for sustainable agriculture inputs, rising use in functional food formulations, expansion of plant-based cosmetic products, growing investments in marine biotechnology, increasing regulatory support for bio-based products. Major trends in the forecast period include increasing use of seaweed-based biostimulants, rising demand for natural food additives, growing application in organic agriculture, expansion of cosmetic-grade seaweed extracts, enhanced focus on bioactive compound extraction.

What Is The Driver Of The Seaweed Extracts Market?

Rising demand for biofuels is expected to propel the growth of the seaweed extracts market going forward. Biofuels are renewable energy sources produced from organic materials like plants, algae, or animal waste, serving as eco-friendly alternatives to fossil fuels. The rising demand for biofuels is driven by government policies mandating renewable fuel use to reduce greenhouse gas emissions and by technological advancements that have made production more cost-effective and sustainable. Seaweed extracts contribute to biofuels by providing a sustainable and high-yield feedstock rich in carbohydrates, which can be efficiently converted into bioethanol and biogas, supporting renewable energy production. For instance, in October 2024, according to the U.S. Energy Information Administration a US-based government agency, biofuel production capacity in the United States grew by 7% in 2023, reaching 24 billion gallons per year by early 2024, driven primarily by a 44% surge in renewable diesel and other emerging biofuels. Therefore, rising demand for biofuels is driving the growth of the seaweed extracts industry.

Key Players In The Global Seaweed Extracts Market

Major companies operating 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.

Global Seaweed Extracts Market Trends and Insights

Major companies operating in the seaweed extracts market are focusing on developing innovative products, such as plant-based solutions, to cater to the growing demand for sustainable and eco-friendly agricultural inputs. Plant-based solutions refer to products made from plant materials, offering sustainable alternatives to animal-derived or synthetic ingredients in industries like agriculture, cosmetics, and food. For instance, in June 2023, Cascadia Seaweed Corporation, a Canada-based manufacturer of seaweed-derived products, partnered with ReFeed Ltd., a Canada-based nutrient upcycle company, and launched its first seaweed-based biostimulant to support agricultural productivity and environmental sustainability. This biostimulant is enriched with bioactive compounds derived from sustainably farmed seaweed, offering natural plant growth stimulation, improved soil health, and enhanced nutrient uptake. The primary feature is its capacity to minimize reliance on synthetic fertilizers, promoting environmentally friendly farming practices.

What Are Latest Mergers And Acquisitions In The Seaweed Extracts Market?

In March 2023, J. Rettenmaier & Söhne Group, a Germany-based company specializing in fiber and hydrocolloid products, acquired Algaia SA for an undisclosed amount. With this acquisition, JRS Group aims to strengthen its portfolio in sustainable, algae-based solutions and expand its capabilities in the global market for natural, renewable ingredients. Algaia SA is a France-based company that specializes in the production of seaweed extracts and hydrocolloids.

What Defines the Seaweed Extracts Market?

The seaweed extracts market consists of sales of products including fertilizers, animal feed additives, cosmetics and personal care products, food and beverages and pharmaceuticals. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Seaweed Extracts Market Report 2026?

The seaweed extracts market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the seaweed extracts industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.