Seaweed Cultivation Market by Type (Red, Brown, Green), Method of Harvesting (Aquaculture, Wild Harvesting), Form (Liquid, Powder, Flakes, Sheets), Application (Food, Feed, Agriculture, Pharmaceuticals), and Region - Global Forecast to 2025
According to MarketsandMarkets, the seaweed cultivation market size is estimated to be valued at USD 16.7 billion in 2020. It is projected to reach USD 30.2 billion by 2025, recording a CAGR of 12.6% during the forecast period, in terms of value. Factors such as edible seaweeds' functional properties, growth in consumer awareness regarding the health benefits of seaweed-based products, increasing industrial, agricultural, feed-related applications, and the rising market for seaweed as snack products are projected to drive the growth of the seaweed cultivation industry during the forecast period. However, excessive use of seaweed products can adversely affect consumers' health due to toxic minerals such as heavy metal residues. This has led to increasing health concerns globally, which, in turn, serves as a restraining factor for the growth of the seaweed cultivation market.
'The red seaweed is estimated to dominate the global seaweed cultivation market, in terms of volume.'
Red seaweeds are the largest group of seaweeds that are directly consumed as food due to their high content of essential nutrients, such as vitamins, minerals, and antioxidants. As the red seaweeds are nutrition-dense, they are used mainly in various food products, such as soups, salads, snacks, and sushi. Red seaweeds are preferred more due to their nutrition and protein-rich properties compared to brown and green seaweeds. These seaweeds are also used to manufacture agar and carrageenan, widely used as a thickening and gelling agent. On account of these factors, the red seaweed is projected to witness high demand globally.
'Seaweeds harvested from aquaculture is projected to witness the fastest growth in the market during the forecast period.'
Seaweeds are mainly obtained from aquaculture and are used for the extraction and production of carrageenan and alginates. The rise in demand for aquaculture seaweeds as a raw material for the hydrocolloid industry to manufacture carrageenan, agar-agar, and alginates is projected to reflect overall market growth positively. Furthermore, aquaculture seaweeds' cultivation does not require large setups and causes minimum harm to fishery resources and seabed. In the developing countries, this method acts as a sustainable activity, which also provides an alternative livelihood for the small-scale fishing community. Due to these factors, seaweed aquaculture remains high across regions, contributing toward the overall market growth.
'Europe is projected to grow at the highest CAGR during the forecast period.'
Europe is projected to be the fastest-growing market for seaweed cultivation during the forecast period. The demand for seaweeds in Europe is driven by various factors such as increased use of seaweeds as hydrocolloids, rising production of seaweeds through seaweed aquaculture, and the rising application of seaweeds in agriculture, feed, medicine, and human food. In this region, consumers are more inclined toward healthy foods, and seaweeds are viewed as a healthy superfood used in a large number of food products, seasonings, and beverage items, thereby driving the market's growth. The other significant applications of seaweeds in Europe include producing alginic acid through hydrocolloids, producing organic fertilizers for use in agriculture, and as additives in feed. The usage of seaweeds for the pharmaceutical and nutraceutical industries has recently started developing due to the rising awareness about the nutritional content and advantages associated with seaweed consumption.
The seaweed cultivation market is segmented region-wise, with a detailed analysis of each region. These regions include Asia Pacific, North America, Europe, and RoW (Brazil, Chile, South Africa, and other South American, African, and Middle Eastern countries).
Break-up of Primaries
This report segments the seaweed cultivation market on the basis of type, application, form, method of harvesting, and key regions. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the seaweed cultivation market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.
Reasons to buy this report
'The red seaweed is estimated to dominate the global seaweed cultivation market, in terms of volume.'
Red seaweeds are the largest group of seaweeds that are directly consumed as food due to their high content of essential nutrients, such as vitamins, minerals, and antioxidants. As the red seaweeds are nutrition-dense, they are used mainly in various food products, such as soups, salads, snacks, and sushi. Red seaweeds are preferred more due to their nutrition and protein-rich properties compared to brown and green seaweeds. These seaweeds are also used to manufacture agar and carrageenan, widely used as a thickening and gelling agent. On account of these factors, the red seaweed is projected to witness high demand globally.
'Seaweeds harvested from aquaculture is projected to witness the fastest growth in the market during the forecast period.'
Seaweeds are mainly obtained from aquaculture and are used for the extraction and production of carrageenan and alginates. The rise in demand for aquaculture seaweeds as a raw material for the hydrocolloid industry to manufacture carrageenan, agar-agar, and alginates is projected to reflect overall market growth positively. Furthermore, aquaculture seaweeds' cultivation does not require large setups and causes minimum harm to fishery resources and seabed. In the developing countries, this method acts as a sustainable activity, which also provides an alternative livelihood for the small-scale fishing community. Due to these factors, seaweed aquaculture remains high across regions, contributing toward the overall market growth.
'Europe is projected to grow at the highest CAGR during the forecast period.'
Europe is projected to be the fastest-growing market for seaweed cultivation during the forecast period. The demand for seaweeds in Europe is driven by various factors such as increased use of seaweeds as hydrocolloids, rising production of seaweeds through seaweed aquaculture, and the rising application of seaweeds in agriculture, feed, medicine, and human food. In this region, consumers are more inclined toward healthy foods, and seaweeds are viewed as a healthy superfood used in a large number of food products, seasonings, and beverage items, thereby driving the market's growth. The other significant applications of seaweeds in Europe include producing alginic acid through hydrocolloids, producing organic fertilizers for use in agriculture, and as additives in feed. The usage of seaweeds for the pharmaceutical and nutraceutical industries has recently started developing due to the rising awareness about the nutritional content and advantages associated with seaweed consumption.
The seaweed cultivation market is segmented region-wise, with a detailed analysis of each region. These regions include Asia Pacific, North America, Europe, and RoW (Brazil, Chile, South Africa, and other South American, African, and Middle Eastern countries).
Break-up of Primaries
- By Company Type: Tier 1 - 25%, Tier 2 - 35%, and Tier 3 - 40%
- By Designation: C-level - 25%, D-level - 30%, and Manager-level - 45%
- By Region: North America - 17%, Europe - 28%, Asia Pacific - 33%, and RoW – 22%
- Cargill, Incorporated (US)
- DuPont (US)
- Groupe Roullier (France)
- CP Kelco U.S., Inc. (US)
- Acadian Seaplants (Canada)
- Qingdao Gather Great Ocean Algae Industry Group (China)
- Qingdao Seawin Biotech Group Co. Ltd. (China)
- Qingdao Bright Moon Seaweed Group Co. (China)
- Seaweed Energy Solutions AS (Norway)
- The Seaweed Company (Netherlands)
- Algea (Norway)
- Seasol (Australia)
- Gelymar (Chile)
- Algaia (France)
- CEAMSA (Spain)
- COMPO EXPERT (Germany)
- Leili (China)
- Irish Seaweeds (Ireland)
- AtSeaNova (Belgium)
- Mara Seaweed (Scotland)
- AquAgri Processing Pvt. Ltd. (India)
- Sea6 Energy (India)
- Symbrosia (US)
- ALGAplus (Portugal)
- Volta Greentech (Sweden)
This report segments the seaweed cultivation market on the basis of type, application, form, method of harvesting, and key regions. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the seaweed cultivation market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.
Reasons to buy this report
- To get a comprehensive overview of the seaweed cultivation market with specific reference to the application markets
- To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
- To gain insights about the major countries/regions, in which the seaweed cultivation market is flourishing
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
FIGURE 1 MARKET SEGMENTATION
1.4 REGIONS COVERED
1.5 INCLUSIONS & EXCLUSIONS
TABLE 1 SEAWEED CULTIVATION MARKET: INCLUSIONS & EXCLUSIONS
1.6 PERIODIZATION CONSIDERED
1.7 CURRENCY CONSIDERED
1.8 VOLUME UNIT CONSIDERED
TABLE 2 USD EXCHANGE RATES CONSIDERED, 2017–2019
1.9 STAKEHOLDERS
1.10 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 SEAWEED CULTIVATION: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Breakdown of primary interviews
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION METHODOLOGY
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS
3 EXECUTIVE SUMMARY
TABLE 3 SEAWEED CULTIVATION MARKET SNAPSHOT, (KT), 2020 VS. 2025
FIGURE 7 SEAWEED CULTIVATION MARKET, BY TYPE, 2020 VS. 2025 (USD MILLION)
FIGURE 8 SEAWEED CULTIVATION MARKET, BY APPLICATION, 2020 VS. 2025 (USD MILLION)
FIGURE 9 SEAWEED CULTIVATION MARKET, BY FORM, 2020 VS. 2025 (USD MILLION)
FIGURE 10 SEAWEED CULTIVATION MARKET, BY METHOD OF HARVESTING, 2020 VS. 2025 (USD MILLION)
FIGURE 11 SEAWEED CULTIVATION MARKET SHARE (VALUE), BY REGION, 2020
4 PREMIUM INSIGHTS
4.1 OPPORTUNITIES IN THE SEAWEED CULTIVATION MARKET
FIGURE 12 INCREASING INDUSTRIAL APPLICATIONS OF SEAWEED EXPECTED TO DRIVE THE MARKET
4.2 SEAWEED CULTIVATION MARKET: KEY COUNTRIES, 2020 (VALUE)
FIGURE 13 FRANCE PROJECTED TO GROW AT THE HIGHEST GROWTH RATE IN THE SEAWEED CULTIVATION MARKET IN 2020
4.3 SEAWEED CULTIVATION MARKET, BY TYPE & REGION, 2020 (VALUE)
FIGURE 14 ASIA PACIFIC REGION TO DOMINATE THE MARKET IN 2020
4.4 SEAWEED CULTIVATION MARKET, BY METHOD OF HARVESTING, 2020 (VALUE)
FIGURE 15 THE AQUACULTURE/INDUSTRIAL METHOD DOMINATED THE MARKET IN 2020
4.5 SEAWEED CULTIVATION MARKET, BY APPLICATION, 2020 (VALUE)
FIGURE 16 THE FOOD SEGMENT DOMINATED THE MARKET IN 2020
4.6 ASIA PACIFIC: SEAWEED CULTIVATION MARKET, BY FORM & COUNTRY, 2020 (VALUE)
FIGURE 17 CHINA ACCOUNTED FOR THE LARGEST SHARE IN 2020
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.1.1 MACROECONOMIC INDICATORS
5.1.1.1 Trade Scenario: Seaweeds
TABLE 4 SEAWEED TRADE SCENARIO FOR HUMAN CONSUMPTION, BY REGION, 2018
5.1.1.2 Major seaweed importing countries
FIGURE 18 SEAWEED IMPORT, BY COUNTRY, 2016- 2017 (VALUE)
FIGURE 19 SEAWEED IMPORTS, BY COUNTRY, 2016-2017 (VOLUME)
5.1.1.3 Major seaweed exporting countries
FIGURE 20 SEAWEED EXPORTS, BY COUNTRY, 2016- 2017 (VALUE)
FIGURE 21 SEAWEED EXPORTS, BY COUNTRY, 2016-2017 (VOLUME)
5.2 SEAWEED CULTIVATION MARKET DYNAMICS
FIGURE 22 MARKET DYNAMICS: SEAWEED CULTIVATION MARKET
5.2.1 DRIVERS
5.2.1.1 Functional properties of edible seaweeds and growth in consumer awareness regarding the health benefits of seaweed-based products
TABLE 5 DRY MATTER COMPOSITION OF SEAWEED SPECIES IN PERCENTAGE
FIGURE 23 HEALTH CREDENTIALS OF SEAWEEDS
5.2.1.2 Rise in seaweed farming practices propelled by global demand
5.2.1.3 Increasing industrial, agricultural, and feed-related applications
5.2.1.4 Rising market for seaweed as a snack product
5.2.2 RESTRAINTS
5.2.2.1 Natural calamities hindering the production of seaweeds
5.2.3 OPPORTUNITIES
5.2.3.1 Increase in technological developments
5.2.4 CHALLENGES
5.2.4.1 Lack of financial support, government engagement, and improper marine spatial plans
5.2.4.2 Toxicity associated with the consumption of seaweeds
5.3 VALUE CHAIN: FOOD, FEED, AND AGRICULTURAL PRODUCTS
FIGURE 24 SEAWEED CULTIVATION MARKET: VALUE CHAIN (FOOD, FEED, & AGRICULTURAL PRODUCTS)
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
FIGURE 25 REVENUE SHIFT FOR THE SEAWEED CULTIVATION MARKET
5.5 PRICING ANALYSIS
FIGURE 26 PRICING ANALYSIS, 2018–2025 (USD/TON)
TABLE 6 AVERAGE SELLING PRICE
5.6 MARKET MAP
5.7 TECHNOLOGY ANALYSIS
5.8 PATENT ANALYSIS
FIGURE 27 REGIONAL ANALYSIS: PATENT APPROVAL FOR SEAWEEDS, 2017–2020
TABLE 7 LIST OF IMPORTANT PATENTS PERTAINING TO SEAWEEDS, 2017–2020
5.9 CASE STUDY ANALYSIS
5.9.1 SAMPLE: SEAWEED CULTIVATION MARKET – GLOBAL FORECAST TO 2025
6 IMPACT OF COVID -19 ON THE SEAWEED CULTIVATION MARKET
FIGURE 28 COVID-19: GLOBAL PROPAGATION
FIGURE 29 COVID-19 PROPAGATION: SELECT COUNTRIES
6.1 COVID-19 IMPACT ON THE SEAWEED CULTIVATION MARKET
FIGURE 30 CHART OF PRE- & POST-COVID SCENARIOS IN THE SEAWEED CULTIVATION MARKET
7 SEAWEED CULTIVATION MARKET, BY PROCESS
7.1 INTRODUCTION
7.2 SEEDING/NETTING
7.3 OPEN SEA TRANSPLANTING
7.4 HARVESTING
7.5 DRYING
7.6 PROCESSING
7.7 VALUE CHAIN: SEAWEED CULTIVATION
TABLE 8 VALUE ADDITION AT DIFFERENT STAGES OF THE SEAWEED CULTIVATION PROCESS, USD MILLION, 2019
8 SEAWEED CULTIVATION MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 31 SEAWEED CULTIVATION MARKET SHARE (VALUE), BY TYPE, 2020 VS. 2025
TABLE 9 SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 10 SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
8.2 RED SEAWEEDS
8.2.1 RED SEAWEEDS ARE LARGELY USED IN VARIOUS FOOD PRODUCTS SUCH AS SOUPS, SALADS, SNACKS, AND SUSHI
TABLE 11 RED SEAWEEDS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 12 RED SEAWEEDS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (KT)
8.3 BROWN SEAWEEDS
8.3.1 BROWN SEAWEEDS ARE HIGHLY USED IN THE PRODUCTION OF HIGH-GRADE ALGINATES
TABLE 13 BROWN SEAWEEDS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 14 BROWN SEAWEEDS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (KT)
8.4 GREEN SEAWEEDS
8.4.1 EMERGING USE OF GREEN SEAWEED IN BIOFUEL PRODUCTION AND WASTEWATER TREATMENT EXPECTED TO DRIVE MARKET GROWTH
TABLE 15 GREEN SEAWEEDS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 16 GREEN SEAWEEDS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (KT)
9 SEAWEED CULTIVATION MARKET, BY METHOD OF HARVESTING
9.1 INTRODUCTION
FIGURE 32 SEAWEED CULTIVATION MARKET SIZE, BY METHOD OF HARVESTING, 2020 VS. 2025 (USD MILLION)
TABLE 17 SEAWEED CULTIVATION MARKET SIZE, BY METHOD OF HARVESTING, 2018–2025 (USD MILLION)
9.2 AQUACULTURE/INDUSTRIAL
9.2.1 RISE IN THE DEMAND FOR CARRAGEENAN, AGAR-AGAR, AND ALGINATES EXPECTED TO DRIVE THE GROWTH OF AQUACULTURE SEAWEEDS
TABLE 18 AQUACULTURE/INDUSTRIAL: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.3 WILD HARVESTING/TRADITIONAL
9.3.1 GROWTH OF WILD HARVESTED SEAWEEDS IS DECLINING, AS THESE ARE SUSCEPTIBLE TO EASY CONTAMINATION BY HARMFUL SUBSTANCES SUCH AS MERCURY AND ARSENIC
TABLE 19 WILD-HARVESTING/TRADITIONAL: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10 SEAWEED CULTIVATION MARKET, BY FORM
10.1 INTRODUCTION
FIGURE 33 SEAWEED CULTIVATION MARKET SIZE, BY FORM, 2020 VS. 2025 (USD MILLION)
TABLE 20 SEAWEED CULTIVATION MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
10.2 LIQUID
10.2.1 VARIED APPLICATIONS OF LIQUID SEAWEEDS IN AGRICULTURE, PHARMACEUTICALS, COSMETICS, ANIMAL FEED, AND OTHERS
TABLE 21 LIQUID: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.3 POWDER
10.3.1 USE OF POWDERED SEAWEEDS IN COSMETICS DUE TO THE PRESENCE OF VITAMINS AND B12 AND E
TABLE 22 POWDER: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.4 FLAKES
10.4.1 INCREASE IN USAGE AS A SEASONING AGENT EXPECTED TO DRIVE THE SEGMENT
TABLE 23 FLAKES: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.5 SHEETS
10.5.1 LOW SHELF LIFE DUE TO SUSCEPTIBILITY TO MOISTURE RETENTION
TABLE 24 SHEETS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
11 SEAWEED CULTIVATION MARKET, BY APPLICATION
11.1 INTRODUCTION
FIGURE 34 SEAWEED CULTIVATION MARKET SIZE (VALUE), BY TYPE, 2020 VS. 2025
TABLE 25 SEAWEED CULTIVATION MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
11.2 FOOD
11.2.1 INCREASING APPLICATION OF SEAWEED EXTRACTS SUCH AS AGAR, CARRAGEENAN, AND ALGINATE IN PROCESSED FOOD DRIVING THE MARKET
TABLE 26 FOOD: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
TABLE 27 FOOD: SEAWEED CULTIVATION MARKET SIZE, BY SUB-APPLICATION, 2018-2025 (USD MILLION)
11.2.2 DAIRY
TABLE 28 DAIRY: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.2.3 MEAT & POULTRY
TABLE 29 MEAT & POULTRY: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.2.4 BAKERY
TABLE 30 BAKERY: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.2.5 CONFECTIONERY
TABLE 31 CONFECTIONERY: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.2.6 OTHER FOOD APPLICATIONS
TABLE 32 OTHER FOOD APPLICATIONS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.3 FEED
11.3.1 SEAWEEDS ARE SIGNIFICANTLY USED AS A SOURCE OF FEED DUE TO THEIR HIGH PROTEIN CONTENT
TABLE 33 FEED: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.4 AGRICULTURE
11.4.1 PRESENCE OF HORMONES SUCH AS AUXINS & GIBBERELLINS IN SEAWEEDS DRIVING THE MARKET FOR SEAWEEDS AS AGRICULTURAL FERTILIZERS
TABLE 34 AGRICULTURE: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.5 PHARMACEUTICALS
11.5.1 BROWN SEAWEEDS HAVE WIDER USAGE IN THE PHARMACEUTICAL INDUSTRY
TABLE 35 PHARMACEUTICALS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.6 OTHER APPLICATIONS
11.6.1 INCREASING USAGE OF SEAWEEDS IN BIO-FUEL, INTEGRATED AQUACULTURE, AND WASTEWATER TREATMENT DUE TO HIGH NUTRIENT CONTENT
TABLE 36 OTHER APPLICATIONS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
12 SEAWEED CULTIVATION MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 35 SEAWEED CULTIVATION MARKET SHARE (VALUE), BY KEY COUNTRY, 2020
TABLE 37 SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 38 SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (KT)
12.2 ASIA PACIFIC
FIGURE 36 ASIA PACIFIC: MAJOR FARMED SEAWEED PRODUCERS (2012–2016)
FIGURE 37 ASIA PACIFIC: MARKET SNAPSHOT
12.2.1 REGULATORY FRAMEWORKS
12.2.2 TRADE ANALYSIS
12.2.2.1 Import scenario of seaweeds in Asia Pacific countries
FIGURE 38 SEAWEED IMPORTS, BY KEY COUNTRY, 2018 (VALUE)
FIGURE 39 SEAWEED IMPORTS, BY KEY COUNTRY, 2018 (VOLUME)
12.2.2.2 Export scenario of seaweeds in Asia Pacific countries
FIGURE 40 SEAWEED EXPORTS, BY KEY COUNTRY, 2018 (VALUE)
FIGURE 41 SEAWEED EXPORTS, BY KEY COUNTRY, 2018 (VOLUME)
TABLE 39 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 40 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
TABLE 41 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 42 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
TABLE 43 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY METHOD OF HARVESTING, 2018–2025 (USD MILLION)
TABLE 44 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 45 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 46 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY FOOD SUB-APPLICATION, 2018–2025 (USD MILLION)
12.2.3 CHINA
12.2.3.1 Easy availability of raw materials and growth in the aquaculture industry propelling the market for seaweeds in China
TABLE 47 CHINA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 48 CHINA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.2.4 INDONESIA
12.2.4.1 Increase in usage of seaweeds as direct food products, and use of Eucheuma cottonii or Gracilaria into various food products
TABLE 49 INDONESIA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 50 INDONESIA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.2.5 PHILIPPINES
12.2.5.1 Multiple usages of seaweeds expected to drive the growth
TABLE 51 PHILIPPINES: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 52 PHILIPPINES: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.2.6 SOUTH KOREA
12.2.6.1 Rising market for seaweed as a snack product drives the growth of the market in the country
TABLE 53 SOUTH KOREA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 54 SOUTH KOREA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.2.7 JAPAN
12.2.7.1 Increase in demand for nori, wakame, and kombu from the food industry propelling the market growth
TABLE 55 JAPAN: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 56 JAPAN: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.2.8 REST OF ASIA PACIFIC
TABLE 57 REST OF ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 58 REST OF ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.3 NORTH AMERICA
12.3.1 INTRODUCTION
12.3.2 REGULATORY FRAMEWORK
12.3.2.1 US
12.3.2.2 Canada
12.3.3 TRADE ANALYSIS
TABLE 59 US IMPORT OF SEAWEED, 2014–2016 (TONS)
TABLE 60 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 61 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
TABLE 62 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 63 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
TABLE 64 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY METHOD OF HARVESTING, 2018–2025 (USD MILLION)
TABLE 65 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 66 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 67 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY FOOD SUB-APPLICATION, 2018–2025 (USD MILLION)
12.3.4 US
12.3.4.1 Seaweed application in dairy products drives the demand for seaweeds in the US
TABLE 68 US: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 69 US: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.3.5 CANADA
12.3.5.1 Seaweeds in Canada are largely used as biostimulant extracts for crops as well as feed supplements
TABLE 70 CANADA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 71 CANADA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.3.6 MEXICO
12.3.6.1 Demand for carrageenan in Mexico in bakery, dairy, and confectionery applications expected to drive the growth of the market
TABLE 72 MEXICO: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 73 MEXICO: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.4 EUROPE
FIGURE 42 EUROPE: MARKET SNAPSHOT
12.4.1 REGULATORY FRAMEWORK
12.4.2 TRADE ANALYSIS
12.4.2.1 Import scenario of seaweeds in European countries
TABLE 74 EUROPE: IMPORT OF SEAWEEDS, 2012–2016 (TONNES)
FIGURE 43 EUROPE: SEAWEED IMPORTS, BY KEY COUNTRY, 2018 (VALUE)
FIGURE 44 EUROPE: SEAWEED IMPORTS, BY KEY COUNTRY, 2018 (VOLUME)
12.4.2.2 Export scenario of seaweeds in European countries
TABLE 75 EUROPE: EXPORT OF SEAWEEDS, 2012–2016 (TONNES)
FIGURE 45 EUROPE: SEAWEED EXPORTS, BY KEY COUNTRY, 2018 (VALUE)
TABLE 76 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 77 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
TABLE 78 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 79 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
TABLE 80 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY METHOD OF HARVESTING, 2018–2025 (USD MILLION)
TABLE 81 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 82 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 83 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY FOOD SUB-APPLICATION, 2018–2025 (USD MILLION)
12.4.3 FRANCE
12.4.3.1 Use of seaweeds in the processed food and confectionery segments fueling the growth of the seaweed cultivation market
TABLE 84 FRANCE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 85 FRANCE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.4.4 IRELAND
12.4.4.1 Demand for seaweeds for application in fertilizers and feed drives the market growth in the country
TABLE 86 IRELAND: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 87 IRELAND: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.4.5 NORWAY
12.4.5.1 Growing industrial & human food application of seaweeds drive the growth of the market in Norway
TABLE 88 NORWAY: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 89 NORWAY: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.4.6 SPAIN
12.4.6.1 Trend of consuming seaweed as sea vegetables growing rapidly in Spain
TABLE 90 SPAIN: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 91 SPAIN: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.4.7 REST OF EUROPE
TABLE 92 REST OF EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 93 REST OF EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.5 REST OF THE WORLD (ROW)
12.5.1 INTRODUCTION
12.5.2 REGULATORY FRAMEWORK
12.5.3 TRADE ANALYSIS
TABLE 94 CHILE EXPORTS OF SEAWEED, 2014 TO 2016 (TONS)
TABLE 95 ROW: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 96 ROW: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
TABLE 97 ROW: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 98 ROW: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
TABLE 99 ROW: SEAWEED CULTIVATION MARKET SIZE, BY METHOD OF HARVESTING, 2018–2025 (USD MILLION)
TABLE 100 ROW: SEAWEED CULTIVATION MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 101 ROW: SEAWEED CULTIVATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 102 ROW: SEAWEED CULTIVATION MARKET SIZE, BY FOOD SUB-APPLICATION, 2018–2025 (USD MILLION)
12.5.4 BRAZIL
12.5.4.1 The country majorly imports seaweeds to meet the demand for the food processing industry
TABLE 103 BRAZIL: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 104 BRAZIL: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.5.5 CHILE
12.5.5.1 Surge in production as well as demand for Gracilaria is one of the key features of the Chilean seaweed cultivation market
TABLE 105 CHILE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 106 CHILE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.5.6 SOUTH AFRICA
12.5.6.1 Seaweeds are widely used in generating biomass for biofuel production in South Africa
TABLE 107 SOUTH AFRICA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 108 SOUTH AFRICA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.5.7 OTHERS IN ROW
TABLE 109 OTHERS IN ROW: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 110 OTHERS IN ROW: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
13 COMPETITIVE LANDSCAPE
13.1 OVERVIEW
13.2 MARKET RANKING
FIGURE 46 TOP FIVE COMPANIES IN THE SEAWEED CULTIVATION MARKET, 2019
13.2.1 MARKET SHARE ANALYSIS
FIGURE 47 SEAWEED CULTIVATION MARKET: COMPANY MARKET SHARE OF KEY PLAYERS, 2020
13.2.2 MARKET EVALUATION FRAMEWORK
FIGURE 48 SEAWEED CULTIVATION MARKET: TRENDS IN COMPANY STRATEGIES, 2017–2020
13.3 COMPETITIVE SCENARIO
13.3.1 EXPANSIONS & INVESTMENTS
TABLE 111 EXPANSIONS & INVESTMENTS, 2017–2020
13.3.2 ACQUISITIONS
TABLE 112 ACQUISITIONS, 2016–2017
13.3.3 NEW PRODUCT LAUNCHES
TABLE 113 NEW PRODUCT LAUNCHES, 2017–2019
13.3.4 AGREEMENTS, JOINT VENTURES, COLLABORATIONS, & PARTNERSHIPS
TABLE 114 AGREEMENTS, JOINT VENTURES, COLLABORATIONS, & PARTNERSHIPS, 2017-2020
13.4 COVID-19 SPECIFIC COMPANY RESPONSE
14 COMPANY EVALUATION MATRIX & COMPANY PROFILES
14.1 COMPANY EVALUATION MATRIX (OVERALL MARKET)
14.1.1 STARS
14.1.2 PERVASIVE PLAYERS
14.1.3 EMERGING LEADERS
FIGURE 49 SEAWEED CULTIVATION MARKET: COMPANY EVALUATION MATRIX, 2019
14.2 COMPETITIVE LEADERSHIP MAPPING (START-UPS/SMES)
14.2.1 PROGRESSIVE COMPANIES
14.2.2 STARTING BLOCKS
14.2.3 RESPONSIVE COMPANIES
14.2.4 DYNAMIC COMPANIES
FIGURE 50 SEAWEED CULTIVATION MARKET: COMPANY EVALUATION MATRIX, 2019
14.3 COMPANY PROFILES
(Business overview, Products offered, Recent developments & MnM View)*
14.3.1 DUPONT
FIGURE 51 DUPONT: COMPANY SNAPSHOT
14.3.2 CARGILL, INCORPORATED
FIGURE 52 CARGILL: COMPANY SNAPSHOT
14.3.3 GROUPE ROULLIER
14.3.4 CP KELCO U.S., INC.
14.3.5 ACADIAN SEAPLANTS
14.3.6 QINGDAO GATHER GREAT OCEAN ALGAE INDUSTRY GROUP
14.3.7 ATSEANOVA
14.3.8 THE SEAWEED COMPANY
14.3.9 SEAWEED ENERGY SOLUTIONS AS
14.3.10 ALGEA
14.3.11 GELYMAR
14.3.12 SEASOL
14.3.13 CEAMSA
14.3.14 QINGDAO SEAWIN BIOTECH GROUP CO. LTD.
14.3.15 COMPO EXPERT GMBH
14.3.16 ALGAIA
14.3.17 IRISH SEAWEEDS
14.3.18 BEIJING LEILI AGRICULTURAL CO. LTD.
14.3.19 MARA SEAWEED
14.3.20 AQUAGRI PROCESSING PVT. LTD.
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
15 ADJACENT & RELATED MARKETS
15.1 INTRODUCTION
15.2 LIMITATIONS
15.3 ALGAE PRODUCTS MARKET
15.3.1 MARKET DEFINITION
15.3.2 MARKET OVERVIEW
15.4 ALGAE PRODUCTS MARKET, BY APPLICATION
15.4.1 INTRODUCTION
TABLE 115 ALGAE PRODUCTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
15.4.2 FOOD & BEVERAGES
TABLE 116 ALGAE PRODUCTS MARKET SIZE IN FOOD & BEVERAGES, BY REGION, 2016–2023 (USD MILLION)
15.4.3 NUTRACEUTICALS & DIETARY SUPPLEMENTS
TABLE 117 ALGAE PRODUCTS MARKET SIZE IN NUTRACEUTICALS & DIETARY SUPPLEMENTS, BY REGION, 2016–2023 (USD MILLION)
15.4.4 FEED
TABLE 118 ALGAE PRODUCTS MARKET SIZE IN FEED, BY REGION, 2016–2023 (USD MILLION)
15.4.5 PERSONAL CARE PRODUCTS
TABLE 119 ALGAE PRODUCTS MARKET SIZE IN PERSONAL CARE PRODUCTS, BY REGION, 2016–2023 (USD MILLION)
15.4.6 PHARMACEUTICALS
TABLE 120 ALGAE PRODUCTS MARKET SIZE IN PHARMACEUTICALS, BY REGION, 2016–2023 (USD MILLION)
15.4.7 OTHER APPLICATIONS
TABLE 121 ALGAE PRODUCTS MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2016–2023 (USD MILLION)
15.5 ALGAE PRODUCTS MARKET, BY REGION
15.5.1 NORTH AMERICA
TABLE 122 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 123 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY SOURCE, 2016–2023 (USD MILLION)
TABLE 124 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY FORM, 2016–2023 (USD MILLION)
TABLE 125 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
15.5.2 EUROPE
TABLE 126 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 127 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY SOURCE, 2016–2023 (USD MILLION)
TABLE 128 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY FORM, 2016–2023 (USD MILLION)
TABLE 129 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
15.5.3 ASIA PACIFIC
TABLE 130 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 131 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY SOURCE, 2016–2023 (USD MILLION)
TABLE 132 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY FORM, 2016–2023 (USD MILLION)
TABLE 133 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
15.5.4 REST OF THE WORLD (ROW)
TABLE 134 ROW: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 135 ROW: ALGAE PRODUCTS MARKET SIZE, BY SOURCE, 2016–2023 (USD MILLION)
TABLE 136 ROW: ALGAE PRODUCTS MARKET SIZE, BY FORM, 2016–2023 (USD MILLION)
TABLE 137 ROW: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
15.6 AQUACULTURE PRODUCTS MARKET
15.6.1 LIMITATIONS
15.6.2 MARKET DEFINITION
15.6.3 MARKET OVERVIEW
15.6.4 AQUACULTURE PRODUCTS MARKET, BY SPECIES
TABLE 138 AQUACULTURE PRODUCTS MARKET SIZE, BY SPECIES, 2016–2023 (USD MILLION)
15.6.4.1 Aquatic animals
TABLE 139 AQUACULTURE PRODUCTS MARKET SIZE, BY AQUATIC ANIMAL, 2016–2023 (USD MILLION)
15.6.4.2 Aquatic plants
TABLE 140 AQUACULTURE PRODUCTS MARKET SIZE, BY AQUATIC PLANT, 2016–2023 (USD MILLION)
15.6.5 AQUACULTURE PRODUCTS MARKET, BY REGION
TABLE 141 AQUACULTURE PRODUCTS MARKET SIZE, BY REGION, 2016–2023 (USD BILLION)
15.6.5.1 North America
TABLE 142 NORTH AMERICA: AQUACULTURE PRODUCTS MARKET SIZE, BY SPECIES, 2016–2023 (USD MILLION)
15.6.5.2 Europe
TABLE 143 EUROPE: AQUACULTURE PRODUCTS MARKET SIZE, BY SPECIES, 2016–2023 (USD MILLION)
15.6.5.3 Asia pacific
TABLE 144 ASIA PACIFIC: AQUACULTURE PRODUCTS MARKET SIZE, BY SPECIES, 2016–2023 (USD MILLION)
15.6.5.4 South America
TABLE 145 SOUTH AMERICA: AQUACULTURE PRODUCTS MARKET SIZE, BY SPECIES, 2016–2023 (USD MILLION)
15.6.5.5 Rest of the World (ROW)
TABLE 146 ROW: AQUACULTURE PRODUCTS MARKET SIZE, BY SPECIES, 2016–2023 (USD MILLION)
16 APPENDIX
16.1 DISCUSSION GUIDE
16.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.3 AVAILABLE CUSTOMIZATIONS
16.4 RELATED REPORTS
16.5 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
FIGURE 1 MARKET SEGMENTATION
1.4 REGIONS COVERED
1.5 INCLUSIONS & EXCLUSIONS
TABLE 1 SEAWEED CULTIVATION MARKET: INCLUSIONS & EXCLUSIONS
1.6 PERIODIZATION CONSIDERED
1.7 CURRENCY CONSIDERED
1.8 VOLUME UNIT CONSIDERED
TABLE 2 USD EXCHANGE RATES CONSIDERED, 2017–2019
1.9 STAKEHOLDERS
1.10 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 SEAWEED CULTIVATION: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Breakdown of primary interviews
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION METHODOLOGY
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS
3 EXECUTIVE SUMMARY
TABLE 3 SEAWEED CULTIVATION MARKET SNAPSHOT, (KT), 2020 VS. 2025
FIGURE 7 SEAWEED CULTIVATION MARKET, BY TYPE, 2020 VS. 2025 (USD MILLION)
FIGURE 8 SEAWEED CULTIVATION MARKET, BY APPLICATION, 2020 VS. 2025 (USD MILLION)
FIGURE 9 SEAWEED CULTIVATION MARKET, BY FORM, 2020 VS. 2025 (USD MILLION)
FIGURE 10 SEAWEED CULTIVATION MARKET, BY METHOD OF HARVESTING, 2020 VS. 2025 (USD MILLION)
FIGURE 11 SEAWEED CULTIVATION MARKET SHARE (VALUE), BY REGION, 2020
4 PREMIUM INSIGHTS
4.1 OPPORTUNITIES IN THE SEAWEED CULTIVATION MARKET
FIGURE 12 INCREASING INDUSTRIAL APPLICATIONS OF SEAWEED EXPECTED TO DRIVE THE MARKET
4.2 SEAWEED CULTIVATION MARKET: KEY COUNTRIES, 2020 (VALUE)
FIGURE 13 FRANCE PROJECTED TO GROW AT THE HIGHEST GROWTH RATE IN THE SEAWEED CULTIVATION MARKET IN 2020
4.3 SEAWEED CULTIVATION MARKET, BY TYPE & REGION, 2020 (VALUE)
FIGURE 14 ASIA PACIFIC REGION TO DOMINATE THE MARKET IN 2020
4.4 SEAWEED CULTIVATION MARKET, BY METHOD OF HARVESTING, 2020 (VALUE)
FIGURE 15 THE AQUACULTURE/INDUSTRIAL METHOD DOMINATED THE MARKET IN 2020
4.5 SEAWEED CULTIVATION MARKET, BY APPLICATION, 2020 (VALUE)
FIGURE 16 THE FOOD SEGMENT DOMINATED THE MARKET IN 2020
4.6 ASIA PACIFIC: SEAWEED CULTIVATION MARKET, BY FORM & COUNTRY, 2020 (VALUE)
FIGURE 17 CHINA ACCOUNTED FOR THE LARGEST SHARE IN 2020
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.1.1 MACROECONOMIC INDICATORS
5.1.1.1 Trade Scenario: Seaweeds
TABLE 4 SEAWEED TRADE SCENARIO FOR HUMAN CONSUMPTION, BY REGION, 2018
5.1.1.2 Major seaweed importing countries
FIGURE 18 SEAWEED IMPORT, BY COUNTRY, 2016- 2017 (VALUE)
FIGURE 19 SEAWEED IMPORTS, BY COUNTRY, 2016-2017 (VOLUME)
5.1.1.3 Major seaweed exporting countries
FIGURE 20 SEAWEED EXPORTS, BY COUNTRY, 2016- 2017 (VALUE)
FIGURE 21 SEAWEED EXPORTS, BY COUNTRY, 2016-2017 (VOLUME)
5.2 SEAWEED CULTIVATION MARKET DYNAMICS
FIGURE 22 MARKET DYNAMICS: SEAWEED CULTIVATION MARKET
5.2.1 DRIVERS
5.2.1.1 Functional properties of edible seaweeds and growth in consumer awareness regarding the health benefits of seaweed-based products
TABLE 5 DRY MATTER COMPOSITION OF SEAWEED SPECIES IN PERCENTAGE
FIGURE 23 HEALTH CREDENTIALS OF SEAWEEDS
5.2.1.2 Rise in seaweed farming practices propelled by global demand
5.2.1.3 Increasing industrial, agricultural, and feed-related applications
5.2.1.4 Rising market for seaweed as a snack product
5.2.2 RESTRAINTS
5.2.2.1 Natural calamities hindering the production of seaweeds
5.2.3 OPPORTUNITIES
5.2.3.1 Increase in technological developments
5.2.4 CHALLENGES
5.2.4.1 Lack of financial support, government engagement, and improper marine spatial plans
5.2.4.2 Toxicity associated with the consumption of seaweeds
5.3 VALUE CHAIN: FOOD, FEED, AND AGRICULTURAL PRODUCTS
FIGURE 24 SEAWEED CULTIVATION MARKET: VALUE CHAIN (FOOD, FEED, & AGRICULTURAL PRODUCTS)
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
FIGURE 25 REVENUE SHIFT FOR THE SEAWEED CULTIVATION MARKET
5.5 PRICING ANALYSIS
FIGURE 26 PRICING ANALYSIS, 2018–2025 (USD/TON)
TABLE 6 AVERAGE SELLING PRICE
5.6 MARKET MAP
5.7 TECHNOLOGY ANALYSIS
5.8 PATENT ANALYSIS
FIGURE 27 REGIONAL ANALYSIS: PATENT APPROVAL FOR SEAWEEDS, 2017–2020
TABLE 7 LIST OF IMPORTANT PATENTS PERTAINING TO SEAWEEDS, 2017–2020
5.9 CASE STUDY ANALYSIS
5.9.1 SAMPLE: SEAWEED CULTIVATION MARKET – GLOBAL FORECAST TO 2025
6 IMPACT OF COVID -19 ON THE SEAWEED CULTIVATION MARKET
FIGURE 28 COVID-19: GLOBAL PROPAGATION
FIGURE 29 COVID-19 PROPAGATION: SELECT COUNTRIES
6.1 COVID-19 IMPACT ON THE SEAWEED CULTIVATION MARKET
FIGURE 30 CHART OF PRE- & POST-COVID SCENARIOS IN THE SEAWEED CULTIVATION MARKET
7 SEAWEED CULTIVATION MARKET, BY PROCESS
7.1 INTRODUCTION
7.2 SEEDING/NETTING
7.3 OPEN SEA TRANSPLANTING
7.4 HARVESTING
7.5 DRYING
7.6 PROCESSING
7.7 VALUE CHAIN: SEAWEED CULTIVATION
TABLE 8 VALUE ADDITION AT DIFFERENT STAGES OF THE SEAWEED CULTIVATION PROCESS, USD MILLION, 2019
8 SEAWEED CULTIVATION MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 31 SEAWEED CULTIVATION MARKET SHARE (VALUE), BY TYPE, 2020 VS. 2025
TABLE 9 SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 10 SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
8.2 RED SEAWEEDS
8.2.1 RED SEAWEEDS ARE LARGELY USED IN VARIOUS FOOD PRODUCTS SUCH AS SOUPS, SALADS, SNACKS, AND SUSHI
TABLE 11 RED SEAWEEDS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 12 RED SEAWEEDS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (KT)
8.3 BROWN SEAWEEDS
8.3.1 BROWN SEAWEEDS ARE HIGHLY USED IN THE PRODUCTION OF HIGH-GRADE ALGINATES
TABLE 13 BROWN SEAWEEDS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 14 BROWN SEAWEEDS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (KT)
8.4 GREEN SEAWEEDS
8.4.1 EMERGING USE OF GREEN SEAWEED IN BIOFUEL PRODUCTION AND WASTEWATER TREATMENT EXPECTED TO DRIVE MARKET GROWTH
TABLE 15 GREEN SEAWEEDS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 16 GREEN SEAWEEDS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (KT)
9 SEAWEED CULTIVATION MARKET, BY METHOD OF HARVESTING
9.1 INTRODUCTION
FIGURE 32 SEAWEED CULTIVATION MARKET SIZE, BY METHOD OF HARVESTING, 2020 VS. 2025 (USD MILLION)
TABLE 17 SEAWEED CULTIVATION MARKET SIZE, BY METHOD OF HARVESTING, 2018–2025 (USD MILLION)
9.2 AQUACULTURE/INDUSTRIAL
9.2.1 RISE IN THE DEMAND FOR CARRAGEENAN, AGAR-AGAR, AND ALGINATES EXPECTED TO DRIVE THE GROWTH OF AQUACULTURE SEAWEEDS
TABLE 18 AQUACULTURE/INDUSTRIAL: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.3 WILD HARVESTING/TRADITIONAL
9.3.1 GROWTH OF WILD HARVESTED SEAWEEDS IS DECLINING, AS THESE ARE SUSCEPTIBLE TO EASY CONTAMINATION BY HARMFUL SUBSTANCES SUCH AS MERCURY AND ARSENIC
TABLE 19 WILD-HARVESTING/TRADITIONAL: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10 SEAWEED CULTIVATION MARKET, BY FORM
10.1 INTRODUCTION
FIGURE 33 SEAWEED CULTIVATION MARKET SIZE, BY FORM, 2020 VS. 2025 (USD MILLION)
TABLE 20 SEAWEED CULTIVATION MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
10.2 LIQUID
10.2.1 VARIED APPLICATIONS OF LIQUID SEAWEEDS IN AGRICULTURE, PHARMACEUTICALS, COSMETICS, ANIMAL FEED, AND OTHERS
TABLE 21 LIQUID: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.3 POWDER
10.3.1 USE OF POWDERED SEAWEEDS IN COSMETICS DUE TO THE PRESENCE OF VITAMINS AND B12 AND E
TABLE 22 POWDER: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.4 FLAKES
10.4.1 INCREASE IN USAGE AS A SEASONING AGENT EXPECTED TO DRIVE THE SEGMENT
TABLE 23 FLAKES: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.5 SHEETS
10.5.1 LOW SHELF LIFE DUE TO SUSCEPTIBILITY TO MOISTURE RETENTION
TABLE 24 SHEETS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
11 SEAWEED CULTIVATION MARKET, BY APPLICATION
11.1 INTRODUCTION
FIGURE 34 SEAWEED CULTIVATION MARKET SIZE (VALUE), BY TYPE, 2020 VS. 2025
TABLE 25 SEAWEED CULTIVATION MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
11.2 FOOD
11.2.1 INCREASING APPLICATION OF SEAWEED EXTRACTS SUCH AS AGAR, CARRAGEENAN, AND ALGINATE IN PROCESSED FOOD DRIVING THE MARKET
TABLE 26 FOOD: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
TABLE 27 FOOD: SEAWEED CULTIVATION MARKET SIZE, BY SUB-APPLICATION, 2018-2025 (USD MILLION)
11.2.2 DAIRY
TABLE 28 DAIRY: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.2.3 MEAT & POULTRY
TABLE 29 MEAT & POULTRY: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.2.4 BAKERY
TABLE 30 BAKERY: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.2.5 CONFECTIONERY
TABLE 31 CONFECTIONERY: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.2.6 OTHER FOOD APPLICATIONS
TABLE 32 OTHER FOOD APPLICATIONS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.3 FEED
11.3.1 SEAWEEDS ARE SIGNIFICANTLY USED AS A SOURCE OF FEED DUE TO THEIR HIGH PROTEIN CONTENT
TABLE 33 FEED: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.4 AGRICULTURE
11.4.1 PRESENCE OF HORMONES SUCH AS AUXINS & GIBBERELLINS IN SEAWEEDS DRIVING THE MARKET FOR SEAWEEDS AS AGRICULTURAL FERTILIZERS
TABLE 34 AGRICULTURE: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.5 PHARMACEUTICALS
11.5.1 BROWN SEAWEEDS HAVE WIDER USAGE IN THE PHARMACEUTICAL INDUSTRY
TABLE 35 PHARMACEUTICALS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
11.6 OTHER APPLICATIONS
11.6.1 INCREASING USAGE OF SEAWEEDS IN BIO-FUEL, INTEGRATED AQUACULTURE, AND WASTEWATER TREATMENT DUE TO HIGH NUTRIENT CONTENT
TABLE 36 OTHER APPLICATIONS: SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
12 SEAWEED CULTIVATION MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 35 SEAWEED CULTIVATION MARKET SHARE (VALUE), BY KEY COUNTRY, 2020
TABLE 37 SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 38 SEAWEED CULTIVATION MARKET SIZE, BY REGION, 2018–2025 (KT)
12.2 ASIA PACIFIC
FIGURE 36 ASIA PACIFIC: MAJOR FARMED SEAWEED PRODUCERS (2012–2016)
FIGURE 37 ASIA PACIFIC: MARKET SNAPSHOT
12.2.1 REGULATORY FRAMEWORKS
12.2.2 TRADE ANALYSIS
12.2.2.1 Import scenario of seaweeds in Asia Pacific countries
FIGURE 38 SEAWEED IMPORTS, BY KEY COUNTRY, 2018 (VALUE)
FIGURE 39 SEAWEED IMPORTS, BY KEY COUNTRY, 2018 (VOLUME)
12.2.2.2 Export scenario of seaweeds in Asia Pacific countries
FIGURE 40 SEAWEED EXPORTS, BY KEY COUNTRY, 2018 (VALUE)
FIGURE 41 SEAWEED EXPORTS, BY KEY COUNTRY, 2018 (VOLUME)
TABLE 39 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 40 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
TABLE 41 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 42 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
TABLE 43 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY METHOD OF HARVESTING, 2018–2025 (USD MILLION)
TABLE 44 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 45 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 46 ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY FOOD SUB-APPLICATION, 2018–2025 (USD MILLION)
12.2.3 CHINA
12.2.3.1 Easy availability of raw materials and growth in the aquaculture industry propelling the market for seaweeds in China
TABLE 47 CHINA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 48 CHINA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.2.4 INDONESIA
12.2.4.1 Increase in usage of seaweeds as direct food products, and use of Eucheuma cottonii or Gracilaria into various food products
TABLE 49 INDONESIA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 50 INDONESIA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.2.5 PHILIPPINES
12.2.5.1 Multiple usages of seaweeds expected to drive the growth
TABLE 51 PHILIPPINES: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 52 PHILIPPINES: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.2.6 SOUTH KOREA
12.2.6.1 Rising market for seaweed as a snack product drives the growth of the market in the country
TABLE 53 SOUTH KOREA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 54 SOUTH KOREA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.2.7 JAPAN
12.2.7.1 Increase in demand for nori, wakame, and kombu from the food industry propelling the market growth
TABLE 55 JAPAN: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 56 JAPAN: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.2.8 REST OF ASIA PACIFIC
TABLE 57 REST OF ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 58 REST OF ASIA PACIFIC: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.3 NORTH AMERICA
12.3.1 INTRODUCTION
12.3.2 REGULATORY FRAMEWORK
12.3.2.1 US
12.3.2.2 Canada
12.3.3 TRADE ANALYSIS
TABLE 59 US IMPORT OF SEAWEED, 2014–2016 (TONS)
TABLE 60 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 61 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
TABLE 62 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 63 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
TABLE 64 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY METHOD OF HARVESTING, 2018–2025 (USD MILLION)
TABLE 65 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 66 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 67 NORTH AMERICA: SEAWEED CULTIVATION MARKET SIZE, BY FOOD SUB-APPLICATION, 2018–2025 (USD MILLION)
12.3.4 US
12.3.4.1 Seaweed application in dairy products drives the demand for seaweeds in the US
TABLE 68 US: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 69 US: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.3.5 CANADA
12.3.5.1 Seaweeds in Canada are largely used as biostimulant extracts for crops as well as feed supplements
TABLE 70 CANADA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 71 CANADA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.3.6 MEXICO
12.3.6.1 Demand for carrageenan in Mexico in bakery, dairy, and confectionery applications expected to drive the growth of the market
TABLE 72 MEXICO: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 73 MEXICO: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.4 EUROPE
FIGURE 42 EUROPE: MARKET SNAPSHOT
12.4.1 REGULATORY FRAMEWORK
12.4.2 TRADE ANALYSIS
12.4.2.1 Import scenario of seaweeds in European countries
TABLE 74 EUROPE: IMPORT OF SEAWEEDS, 2012–2016 (TONNES)
FIGURE 43 EUROPE: SEAWEED IMPORTS, BY KEY COUNTRY, 2018 (VALUE)
FIGURE 44 EUROPE: SEAWEED IMPORTS, BY KEY COUNTRY, 2018 (VOLUME)
12.4.2.2 Export scenario of seaweeds in European countries
TABLE 75 EUROPE: EXPORT OF SEAWEEDS, 2012–2016 (TONNES)
FIGURE 45 EUROPE: SEAWEED EXPORTS, BY KEY COUNTRY, 2018 (VALUE)
TABLE 76 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 77 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
TABLE 78 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 79 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
TABLE 80 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY METHOD OF HARVESTING, 2018–2025 (USD MILLION)
TABLE 81 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 82 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 83 EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY FOOD SUB-APPLICATION, 2018–2025 (USD MILLION)
12.4.3 FRANCE
12.4.3.1 Use of seaweeds in the processed food and confectionery segments fueling the growth of the seaweed cultivation market
TABLE 84 FRANCE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 85 FRANCE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.4.4 IRELAND
12.4.4.1 Demand for seaweeds for application in fertilizers and feed drives the market growth in the country
TABLE 86 IRELAND: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 87 IRELAND: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.4.5 NORWAY
12.4.5.1 Growing industrial & human food application of seaweeds drive the growth of the market in Norway
TABLE 88 NORWAY: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 89 NORWAY: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.4.6 SPAIN
12.4.6.1 Trend of consuming seaweed as sea vegetables growing rapidly in Spain
TABLE 90 SPAIN: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 91 SPAIN: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.4.7 REST OF EUROPE
TABLE 92 REST OF EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 93 REST OF EUROPE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.5 REST OF THE WORLD (ROW)
12.5.1 INTRODUCTION
12.5.2 REGULATORY FRAMEWORK
12.5.3 TRADE ANALYSIS
TABLE 94 CHILE EXPORTS OF SEAWEED, 2014 TO 2016 (TONS)
TABLE 95 ROW: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 96 ROW: SEAWEED CULTIVATION MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
TABLE 97 ROW: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 98 ROW: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
TABLE 99 ROW: SEAWEED CULTIVATION MARKET SIZE, BY METHOD OF HARVESTING, 2018–2025 (USD MILLION)
TABLE 100 ROW: SEAWEED CULTIVATION MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 101 ROW: SEAWEED CULTIVATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 102 ROW: SEAWEED CULTIVATION MARKET SIZE, BY FOOD SUB-APPLICATION, 2018–2025 (USD MILLION)
12.5.4 BRAZIL
12.5.4.1 The country majorly imports seaweeds to meet the demand for the food processing industry
TABLE 103 BRAZIL: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 104 BRAZIL: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.5.5 CHILE
12.5.5.1 Surge in production as well as demand for Gracilaria is one of the key features of the Chilean seaweed cultivation market
TABLE 105 CHILE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 106 CHILE: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.5.6 SOUTH AFRICA
12.5.6.1 Seaweeds are widely used in generating biomass for biofuel production in South Africa
TABLE 107 SOUTH AFRICA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 108 SOUTH AFRICA: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
12.5.7 OTHERS IN ROW
TABLE 109 OTHERS IN ROW: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 110 OTHERS IN ROW: SEAWEED CULTIVATION MARKET SIZE, BY TYPE, 2018–2025 (KT)
13 COMPETITIVE LANDSCAPE
13.1 OVERVIEW
13.2 MARKET RANKING
FIGURE 46 TOP FIVE COMPANIES IN THE SEAWEED CULTIVATION MARKET, 2019
13.2.1 MARKET SHARE ANALYSIS
FIGURE 47 SEAWEED CULTIVATION MARKET: COMPANY MARKET SHARE OF KEY PLAYERS, 2020
13.2.2 MARKET EVALUATION FRAMEWORK
FIGURE 48 SEAWEED CULTIVATION MARKET: TRENDS IN COMPANY STRATEGIES, 2017–2020
13.3 COMPETITIVE SCENARIO
13.3.1 EXPANSIONS & INVESTMENTS
TABLE 111 EXPANSIONS & INVESTMENTS, 2017–2020
13.3.2 ACQUISITIONS
TABLE 112 ACQUISITIONS, 2016–2017
13.3.3 NEW PRODUCT LAUNCHES
TABLE 113 NEW PRODUCT LAUNCHES, 2017–2019
13.3.4 AGREEMENTS, JOINT VENTURES, COLLABORATIONS, & PARTNERSHIPS
TABLE 114 AGREEMENTS, JOINT VENTURES, COLLABORATIONS, & PARTNERSHIPS, 2017-2020
13.4 COVID-19 SPECIFIC COMPANY RESPONSE
14 COMPANY EVALUATION MATRIX & COMPANY PROFILES
14.1 COMPANY EVALUATION MATRIX (OVERALL MARKET)
14.1.1 STARS
14.1.2 PERVASIVE PLAYERS
14.1.3 EMERGING LEADERS
FIGURE 49 SEAWEED CULTIVATION MARKET: COMPANY EVALUATION MATRIX, 2019
14.2 COMPETITIVE LEADERSHIP MAPPING (START-UPS/SMES)
14.2.1 PROGRESSIVE COMPANIES
14.2.2 STARTING BLOCKS
14.2.3 RESPONSIVE COMPANIES
14.2.4 DYNAMIC COMPANIES
FIGURE 50 SEAWEED CULTIVATION MARKET: COMPANY EVALUATION MATRIX, 2019
14.3 COMPANY PROFILES
(Business overview, Products offered, Recent developments & MnM View)*
14.3.1 DUPONT
FIGURE 51 DUPONT: COMPANY SNAPSHOT
14.3.2 CARGILL, INCORPORATED
FIGURE 52 CARGILL: COMPANY SNAPSHOT
14.3.3 GROUPE ROULLIER
14.3.4 CP KELCO U.S., INC.
14.3.5 ACADIAN SEAPLANTS
14.3.6 QINGDAO GATHER GREAT OCEAN ALGAE INDUSTRY GROUP
14.3.7 ATSEANOVA
14.3.8 THE SEAWEED COMPANY
14.3.9 SEAWEED ENERGY SOLUTIONS AS
14.3.10 ALGEA
14.3.11 GELYMAR
14.3.12 SEASOL
14.3.13 CEAMSA
14.3.14 QINGDAO SEAWIN BIOTECH GROUP CO. LTD.
14.3.15 COMPO EXPERT GMBH
14.3.16 ALGAIA
14.3.17 IRISH SEAWEEDS
14.3.18 BEIJING LEILI AGRICULTURAL CO. LTD.
14.3.19 MARA SEAWEED
14.3.20 AQUAGRI PROCESSING PVT. LTD.
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
15 ADJACENT & RELATED MARKETS
15.1 INTRODUCTION
15.2 LIMITATIONS
15.3 ALGAE PRODUCTS MARKET
15.3.1 MARKET DEFINITION
15.3.2 MARKET OVERVIEW
15.4 ALGAE PRODUCTS MARKET, BY APPLICATION
15.4.1 INTRODUCTION
TABLE 115 ALGAE PRODUCTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
15.4.2 FOOD & BEVERAGES
TABLE 116 ALGAE PRODUCTS MARKET SIZE IN FOOD & BEVERAGES, BY REGION, 2016–2023 (USD MILLION)
15.4.3 NUTRACEUTICALS & DIETARY SUPPLEMENTS
TABLE 117 ALGAE PRODUCTS MARKET SIZE IN NUTRACEUTICALS & DIETARY SUPPLEMENTS, BY REGION, 2016–2023 (USD MILLION)
15.4.4 FEED
TABLE 118 ALGAE PRODUCTS MARKET SIZE IN FEED, BY REGION, 2016–2023 (USD MILLION)
15.4.5 PERSONAL CARE PRODUCTS
TABLE 119 ALGAE PRODUCTS MARKET SIZE IN PERSONAL CARE PRODUCTS, BY REGION, 2016–2023 (USD MILLION)
15.4.6 PHARMACEUTICALS
TABLE 120 ALGAE PRODUCTS MARKET SIZE IN PHARMACEUTICALS, BY REGION, 2016–2023 (USD MILLION)
15.4.7 OTHER APPLICATIONS
TABLE 121 ALGAE PRODUCTS MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2016–2023 (USD MILLION)
15.5 ALGAE PRODUCTS MARKET, BY REGION
15.5.1 NORTH AMERICA
TABLE 122 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 123 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY SOURCE, 2016–2023 (USD MILLION)
TABLE 124 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY FORM, 2016–2023 (USD MILLION)
TABLE 125 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
15.5.2 EUROPE
TABLE 126 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 127 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY SOURCE, 2016–2023 (USD MILLION)
TABLE 128 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY FORM, 2016–2023 (USD MILLION)
TABLE 129 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
15.5.3 ASIA PACIFIC
TABLE 130 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 131 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY SOURCE, 2016–2023 (USD MILLION)
TABLE 132 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY FORM, 2016–2023 (USD MILLION)
TABLE 133 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
15.5.4 REST OF THE WORLD (ROW)
TABLE 134 ROW: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 135 ROW: ALGAE PRODUCTS MARKET SIZE, BY SOURCE, 2016–2023 (USD MILLION)
TABLE 136 ROW: ALGAE PRODUCTS MARKET SIZE, BY FORM, 2016–2023 (USD MILLION)
TABLE 137 ROW: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
15.6 AQUACULTURE PRODUCTS MARKET
15.6.1 LIMITATIONS
15.6.2 MARKET DEFINITION
15.6.3 MARKET OVERVIEW
15.6.4 AQUACULTURE PRODUCTS MARKET, BY SPECIES
TABLE 138 AQUACULTURE PRODUCTS MARKET SIZE, BY SPECIES, 2016–2023 (USD MILLION)
15.6.4.1 Aquatic animals
TABLE 139 AQUACULTURE PRODUCTS MARKET SIZE, BY AQUATIC ANIMAL, 2016–2023 (USD MILLION)
15.6.4.2 Aquatic plants
TABLE 140 AQUACULTURE PRODUCTS MARKET SIZE, BY AQUATIC PLANT, 2016–2023 (USD MILLION)
15.6.5 AQUACULTURE PRODUCTS MARKET, BY REGION
TABLE 141 AQUACULTURE PRODUCTS MARKET SIZE, BY REGION, 2016–2023 (USD BILLION)
15.6.5.1 North America
TABLE 142 NORTH AMERICA: AQUACULTURE PRODUCTS MARKET SIZE, BY SPECIES, 2016–2023 (USD MILLION)
15.6.5.2 Europe
TABLE 143 EUROPE: AQUACULTURE PRODUCTS MARKET SIZE, BY SPECIES, 2016–2023 (USD MILLION)
15.6.5.3 Asia pacific
TABLE 144 ASIA PACIFIC: AQUACULTURE PRODUCTS MARKET SIZE, BY SPECIES, 2016–2023 (USD MILLION)
15.6.5.4 South America
TABLE 145 SOUTH AMERICA: AQUACULTURE PRODUCTS MARKET SIZE, BY SPECIES, 2016–2023 (USD MILLION)
15.6.5.5 Rest of the World (ROW)
TABLE 146 ROW: AQUACULTURE PRODUCTS MARKET SIZE, BY SPECIES, 2016–2023 (USD MILLION)
16 APPENDIX
16.1 DISCUSSION GUIDE
16.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.3 AVAILABLE CUSTOMIZATIONS
16.4 RELATED REPORTS
16.5 AUTHOR DETAILS
