The dried seaweed market is expected to reach a value of around USD 14 billion in 2021 and USD 28 billion by 2030, with a projected compound annual growth rate (CAGR) of roughly 9.10% from 2022 to 2030.
The study examines the trends, obstacles, and effects on demand for dried seaweed around the world during the projection period. The study also explores potential business options for dried seaweed.
Dried Seaweed Market: Overview
In any body of water, including the ocean, lakes, and rivers, seaweed is a type of marine algae and plant. Many microscopic kinds of seaweed are suspended in water columns and provide sustenance for marine food webs. Some are enormous and are visible to the unaided eye.
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Dried Seaweed Market: Growth Drivers
Increasing consumer awareness of dried seaweed’s advantages will spur market expansion.
The worldwide dried seaweed market is anticipated to profit from growing public awareness of the health advantages of eating dried seaweed. Following the effects of COVID-19, more individuals are searching for strategies to strengthen their immune systems and eating routines by incorporating vitamins, minerals, fibre, and other nutrients into their normal diets. Also, people are choosing plant-based diets over those that include animal products in greater numbers.
These aspects have sparked research into the special health benefits of dried seaweed and other plant-based foods. As seaweed is a great source of protein, carbs, and minerals—a combination that is uncommon in a single animal’s meat—consumers are getting more interested in it.
Dried Seaweed Market: Segmentation
The dried seaweed market is segmented by geographies, types, end users, and applications.
The international end-user market segments are people and animals. Despite the fact that people control the industry, dog food can be made with 1 tablespoon of dry seaweed.
The global market includes products for food, medicine, skincare, anti-pollutants, and other uses. The Fish Site estimates that Japan consumes roughly 9 billion pieces of dried seaweed annually.
Among the international market segments are those for kombu, wakame, dulse, nori, kelp, and other seaweeds. Nori is the segment’s leader. Japanese coastal waters cover a total area of 295.9 square metres, which may produce 3,50,000 tonnes of nori.
Dried Seaweed Market: Regional Analysis
Asia-Pacific will have the biggest market capitalization over the projected period.
Because it already has a foothold on densely populated nations such as Japan, India, and China, Asia-Pacific is likely to dominate the global dried seaweed market. Many people in the region consume marine algae, particularly in Japan, the Republic of Korea, and China. These three countries are commonly acknowledged as the world’s leading seaweed users, notably in the food sector.
Dried Seaweed Market: Competitive Analysis
The global dried seaweed market is dominated by players like Marcel Carrageenan, Seaweed Solutions AS, Green Ocean Farming, AtSeNova, Nantong Xinlang Seaweed & Foods Co., Ltd,
Beijing Leili Agricultural Co., and Organic Irish Seaweed-Emerald Isle
The global dried seaweed market is segmented as follows:
By End Users
Humans
Animal
By Application
Food
Medicine
Skincare
Anti-Pollutants
Others
By Type
Kombu
Wakame
Dulse
Nori
Kelp
Others
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
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