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2022
Seaweed Protein Market

Seaweed Protein Market

by Source (Red, Brown, Green), by Application (Food, Animal Feed and Additives, Cosmetics and Personal Care, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A16894
Jul 2022 | Pages: 293
Tables: 120
Charts: 63
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Seaweed Protein Market Research, 2030

The global seaweed protein industry was valued at $550.40 million in 2021, and is projected to reach $1.51 billion by 2030, growing at a CAGR of 11.6% from 2022 to 2030. The global seaweed protein market size is increasing, owing to rising demand for plant-based foods. Seaweeds are healthy as they are rich in minerals, vitamins, and micronutrients, all of which aid in the promotion of good health. As a result, the global seaweed protein demand is estimated to increase during the forecast period. The need for healthy plant-based products is majorly driving the global expansion of plant-based protein supplements and is anticipated to drive the seaweed protein market growth.

Numerous businesses, including farming, have been adversely affected by COVID-19, which has resulted in a sharp drop in the supply of food items. Due to the widespread usage of seaweed in the food business, seaweed demand decreased significantly on a global scale.

Seaweed Protein Market, Seaweed Protein Industry, Seaweed Protein Market Size, Seaweed Protein Market Share, Seaweed Protein Market Growth, Seaweed Protein Market Trends, Seaweed Protein Market Analysis, Seaweed Protein Market Forecast

Seaweed farming is considerably expensive than land farming, which could hamper the global seaweed protein market revenue growth. Furthermore, due to presence of harmful minerals, excessive consumption of seaweed might create health concerns.  Most of the seaweed contains high levels of iodine that may affect the human body, if consumed excessive seaweed products over an extended period. People can suffer due to high levels of iodine as some are more vulnerable to its effects, which can include hyperthyroidism. This condition may cause drastic weight change or swelling and tightness around the neck.

 Popularity of seaweed protein as a plant-based protein in food products is rising as it has a number of benefits. Seaweed protein is rich in nutrients which is anticipated to generate excellent opportunities for the key players operating in the market. Seaweed farming's high expenses, on the other hand, are expected to hamper the market revenue growth. Seaweed output has increased year after year as customers seek a better lifestyle, resulting in higher demand for seaweeds. Seaweeds are pure, safe, secure, high-quality, and nutritious based. the aforementioned factors are anticipated to propel the market over the forecast period.

Some of the leading market players are CP Kelco, Cargill, Incorporated, Qingdao Gather Great Ocean Algae Industry Group CO. LTD, Mara Seaweed, ASL, Irish Seaweeds, AtSeaNova, ALGAIA, Seasol, and Maine Coast Sea Vegetables.

The seaweed protein market is segmented on the basis of type, application, and region. By type, the market is sub-segmented into red, brown, and green. By application, the market is classified into food, animal feed & additives, cosmetics & personal care, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The seaweed protein market is segmented into Source and Application.

Seaweed Protein Market

By type, the red sub-segment dominated the market in 2021. Red seaweed has the highest protein content. Also, red seaweed has higher level of minerals, vitamins, trace elements, and essential fatty acids. Red seaweed is commonly used as a raw ingredient in Asian cuisines, salads, and soups. Furthermore, in nations such as Korea, the U.K., and Japan, several well-known red seaweeds with high nutritional content, such as gim seaweed, dulse seaweed, and nori/porphyra seaweed, are commonly consumed.

Seaweed Protein Market

By application, the food sub-segment dominated the market 2021. This increase in the market can be attributed to the use of seaweed in the food industry, as red and brown seaweeds can be used to make three different types of hydrocolloids, which are non-crystalline substances that thicken (viscous) solutions when dissolved in water, such as carrageenan, agar, and alginate. Hydrocolloids are primarily utilized in the food industry to emulsify, gel, preserve, and thicken foods and beverages. All of these factors are projected to drive the seaweed protein market share in food applications and accelerate market expansion.

Seaweed Protein Market

By region, North America is projected to remain the fastest-growing sub-segment during the forecast period. Plant-based products are in high demand in the North America region. The U.S. has a monopoly in the seaweed market in the region. The market for seaweed protein in North America is predicted to grow at a CAGR of 12.9%, creating $432.4 million in sales. Seaweeds are rich in minerals, vitamins, and micronutrients, all of which contribute to good health which is attracting the U.S. population. In addition, major players are seeking for strategic alliances and collaborations to help them increase their product reach in the global market. In April 2020, Acadian, a Canadian food supply chain company, announced that its seaweed extract products can help farmers boost plant productivity. As a result of these factors, the demand for seaweed protein is expected to rise in the next years.

Impact of COVID-19 on the Global Seaweed Protein Market

  • COVID-19 has negatively impacted various industries such as farming that has led to a drastic decline in availability of food products. As seaweed is widely used in the food industry, there was significant reduction in the seaweed demand globally.
  • North America is the leading producer and exporter of seaweed food products as they are rich in minerals, vitamins, and micronutrients. However, as North America was severely impacted due to the COVID-19 pandemic, its export trade was affected, leading to a decline in seaweed production.
  • In February2022, seaweed farming formed a major livelihood activity of the fisherfolk community of the Ramanathapuram district of India where seaweed farming is done on a commercial scale. The COVID-19 pandemic restrictions and lockdown across the globe severely affected the farming activities and the supply chain was disrupted.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the seaweed protein market analysis from 2021 to 2030 to identify the prevailing seaweed protein market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the seaweed protein market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global seaweed protein market forecast.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global seaweed protein market trends, key players, market segments, application areas, and market growth strategies.

Seaweed Protein Market Report Highlights

Aspects Details
By Source
  • Red
  • Brown
  • Green
By Application
  • Food
  • Animal Feed and Additives
  • Cosmetics and Personal Care
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, United Kingdom, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, United Arab Emirates, South Africa, Rest of LAMEA)
Key Market Players Maine Coast Sea Vegetables, acadian seaplants, Atseanova, Irish Seaweed, Qingdao Gather Great Ocean Algae Industry Group Co Ltd, cargill, algaia, cp kelco, seasol international pty ltd, Mara Seaweed
 
  • CHAPTER 1:INTRODUCTION

    • 1.1.Report description

    • 1.2.Key market segments

    • 1.3.Key benefits to the stakeholders

    • 1.4.Research Methodology

      • 1.4.1.Secondary research

      • 1.4.2.Primary research

      • 1.4.3.Analyst tools and models

  • CHAPTER 2:EXECUTIVE SUMMARY

    • 2.1.Key findings of the study

    • 2.2.CXO Perspective

  • CHAPTER 3:MARKET OVERVIEW

    • 3.1.Market definition and scope

    • 3.2.Key findings

      • 3.2.1.Top investment pockets

    • 3.3.Porter’s five forces analysis

    • 3.4.Top player positioning

    • 3.5.Market dynamics

      • 3.5.1.Drivers

      • 3.5.2.Restraints

      • 3.5.3.Opportunities

    • 3.6.COVID-19 Impact Analysis on the market

    • 3.7.Value Chain Analysis

    • 3.8.Market Share Analysis

    • 3.9.Key Regulation Analysis

    • 3.10.Patent Landscape

    • 3.11.Regulatory Guidelines

  • CHAPTER 4: SEAWEED PROTEIN MARKET, BY SOURCE

    • 4.1 Overview

      • 4.1.1 Market size and forecast

    • 4.2 Red

      • 4.2.1 Key market trends, growth factors and opportunities

      • 4.2.2 Market size and forecast, by region

      • 4.2.3 Market analysis by country

    • 4.3 Brown

      • 4.3.1 Key market trends, growth factors and opportunities

      • 4.3.2 Market size and forecast, by region

      • 4.3.3 Market analysis by country

    • 4.4 Green

      • 4.4.1 Key market trends, growth factors and opportunities

      • 4.4.2 Market size and forecast, by region

      • 4.4.3 Market analysis by country

  • CHAPTER 5: SEAWEED PROTEIN MARKET, BY APPLICATION

    • 5.1 Overview

      • 5.1.1 Market size and forecast

    • 5.2 Food

      • 5.2.1 Key market trends, growth factors and opportunities

      • 5.2.2 Market size and forecast, by region

      • 5.2.3 Market analysis by country

    • 5.3 Animal Feed and Additives

      • 5.3.1 Key market trends, growth factors and opportunities

      • 5.3.2 Market size and forecast, by region

      • 5.3.3 Market analysis by country

    • 5.4 Cosmetics and Personal Care

      • 5.4.1 Key market trends, growth factors and opportunities

      • 5.4.2 Market size and forecast, by region

      • 5.4.3 Market analysis by country

    • 5.5 Others

      • 5.5.1 Key market trends, growth factors and opportunities

      • 5.5.2 Market size and forecast, by region

      • 5.5.3 Market analysis by country

  • CHAPTER 6: SEAWEED PROTEIN MARKET, BY REGION

    • 6.1 Overview

      • 6.1.1 Market size and forecast

    • 6.2 North America

      • 6.2.1 Key trends and opportunities

      • 6.2.2 North America Market size and forecast, by Source

      • 6.2.3 North America Market size and forecast, by Application

      • 6.2.4 North America Market size and forecast, by country

        • 6.2.4.1 U.S.
          • 6.2.4.1.1 Market size and forecast, by Source
          • 6.2.4.1.2 Market size and forecast, by Application
        • 6.2.4.2 Canada
          • 6.2.4.2.1 Market size and forecast, by Source
          • 6.2.4.2.2 Market size and forecast, by Application
        • 6.2.4.3 Mexico
          • 6.2.4.3.1 Market size and forecast, by Source
          • 6.2.4.3.2 Market size and forecast, by Application
    • 6.3 Europe

      • 6.3.1 Key trends and opportunities

      • 6.3.2 Europe Market size and forecast, by Source

      • 6.3.3 Europe Market size and forecast, by Application

      • 6.3.4 Europe Market size and forecast, by country

        • 6.3.4.1 Germany
          • 6.3.4.1.1 Market size and forecast, by Source
          • 6.3.4.1.2 Market size and forecast, by Application
        • 6.3.4.2 United Kingdom
          • 6.3.4.2.1 Market size and forecast, by Source
          • 6.3.4.2.2 Market size and forecast, by Application
        • 6.3.4.3 France
          • 6.3.4.3.1 Market size and forecast, by Source
          • 6.3.4.3.2 Market size and forecast, by Application
        • 6.3.4.4 Spain
          • 6.3.4.4.1 Market size and forecast, by Source
          • 6.3.4.4.2 Market size and forecast, by Application
        • 6.3.4.5 Italy
          • 6.3.4.5.1 Market size and forecast, by Source
          • 6.3.4.5.2 Market size and forecast, by Application
        • 6.3.4.6 Rest of Europe
          • 6.3.4.6.1 Market size and forecast, by Source
          • 6.3.4.6.2 Market size and forecast, by Application
    • 6.4 Asia-Pacific

      • 6.4.1 Key trends and opportunities

      • 6.4.2 Asia-Pacific Market size and forecast, by Source

      • 6.4.3 Asia-Pacific Market size and forecast, by Application

      • 6.4.4 Asia-Pacific Market size and forecast, by country

        • 6.4.4.1 China
          • 6.4.4.1.1 Market size and forecast, by Source
          • 6.4.4.1.2 Market size and forecast, by Application
        • 6.4.4.2 Japan
          • 6.4.4.2.1 Market size and forecast, by Source
          • 6.4.4.2.2 Market size and forecast, by Application
        • 6.4.4.3 India
          • 6.4.4.3.1 Market size and forecast, by Source
          • 6.4.4.3.2 Market size and forecast, by Application
        • 6.4.4.4 South Korea
          • 6.4.4.4.1 Market size and forecast, by Source
          • 6.4.4.4.2 Market size and forecast, by Application
        • 6.4.4.5 Australia
          • 6.4.4.5.1 Market size and forecast, by Source
          • 6.4.4.5.2 Market size and forecast, by Application
        • 6.4.4.6 Rest of Asia-Pacific
          • 6.4.4.6.1 Market size and forecast, by Source
          • 6.4.4.6.2 Market size and forecast, by Application
    • 6.5 LAMEA

      • 6.5.1 Key trends and opportunities

      • 6.5.2 LAMEA Market size and forecast, by Source

      • 6.5.3 LAMEA Market size and forecast, by Application

      • 6.5.4 LAMEA Market size and forecast, by country

        • 6.5.4.1 Brazil
          • 6.5.4.1.1 Market size and forecast, by Source
          • 6.5.4.1.2 Market size and forecast, by Application
        • 6.5.4.2 Saudi Arabia
          • 6.5.4.2.1 Market size and forecast, by Source
          • 6.5.4.2.2 Market size and forecast, by Application
        • 6.5.4.3 United Arab Emirates
          • 6.5.4.3.1 Market size and forecast, by Source
          • 6.5.4.3.2 Market size and forecast, by Application
        • 6.5.4.4 South Africa
          • 6.5.4.4.1 Market size and forecast, by Source
          • 6.5.4.4.2 Market size and forecast, by Application
        • 6.5.4.5 Rest of LAMEA
          • 6.5.4.5.1 Market size and forecast, by Source
          • 6.5.4.5.2 Market size and forecast, by Application
  • CHAPTER 7: COMPANY LANDSCAPE

    • 7.1. Introduction

    • 7.2. Top winning strategies

    • 7.3. Product Mapping of Top 10 Player

    • 7.4. Competitive Dashboard

    • 7.5. Competitive Heatmap

    • 7.6. Key developments

  • CHAPTER 8: COMPANY PROFILES

    • 8.1 cp kelco

      • 8.1.1 Company overview

      • 8.1.2 Company snapshot

      • 8.1.3 Operating business segments

      • 8.1.4 Product portfolio

      • 8.1.5 Business performance

      • 8.1.6 Key strategic moves and developments

    • 8.2 cargill

      • 8.2.1 Company overview

      • 8.2.2 Company snapshot

      • 8.2.3 Operating business segments

      • 8.2.4 Product portfolio

      • 8.2.5 Business performance

      • 8.2.6 Key strategic moves and developments

    • 8.3 Qingdao Gather Great Ocean Algae Industry Group Co Ltd

      • 8.3.1 Company overview

      • 8.3.2 Company snapshot

      • 8.3.3 Operating business segments

      • 8.3.4 Product portfolio

      • 8.3.5 Business performance

      • 8.3.6 Key strategic moves and developments

    • 8.4 Mara Seaweed

      • 8.4.1 Company overview

      • 8.4.2 Company snapshot

      • 8.4.3 Operating business segments

      • 8.4.4 Product portfolio

      • 8.4.5 Business performance

      • 8.4.6 Key strategic moves and developments

    • 8.5 acadian seaplants

      • 8.5.1 Company overview

      • 8.5.2 Company snapshot

      • 8.5.3 Operating business segments

      • 8.5.4 Product portfolio

      • 8.5.5 Business performance

      • 8.5.6 Key strategic moves and developments

    • 8.6 Irish Seaweed

      • 8.6.1 Company overview

      • 8.6.2 Company snapshot

      • 8.6.3 Operating business segments

      • 8.6.4 Product portfolio

      • 8.6.5 Business performance

      • 8.6.6 Key strategic moves and developments

    • 8.7 Atseanova

      • 8.7.1 Company overview

      • 8.7.2 Company snapshot

      • 8.7.3 Operating business segments

      • 8.7.4 Product portfolio

      • 8.7.5 Business performance

      • 8.7.6 Key strategic moves and developments

    • 8.8 algaia

      • 8.8.1 Company overview

      • 8.8.2 Company snapshot

      • 8.8.3 Operating business segments

      • 8.8.4 Product portfolio

      • 8.8.5 Business performance

      • 8.8.6 Key strategic moves and developments

    • 8.9 seasol international pty ltd

      • 8.9.1 Company overview

      • 8.9.2 Company snapshot

      • 8.9.3 Operating business segments

      • 8.9.4 Product portfolio

      • 8.9.5 Business performance

      • 8.9.6 Key strategic moves and developments

    • 8.10 Maine Coast Sea Vegetables

      • 8.10.1 Company overview

      • 8.10.2 Company snapshot

      • 8.10.3 Operating business segments

      • 8.10.4 Product portfolio

      • 8.10.5 Business performance

      • 8.10.6 Key strategic moves and developments

  • LIST OF TABLES

  • TABLE 1. GLOBAL SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 2. SEAWEED PROTEIN MARKET SIZE, FOR RED, BY REGION, 2021-2030 ($MILLION)
    TABLE 3. SEAWEED PROTEIN MARKET FOR RED, BY COUNTRY, 2021-2030 ($MILLION)
    TABLE 4. SEAWEED PROTEIN MARKET SIZE, FOR BROWN, BY REGION, 2021-2030 ($MILLION)
    TABLE 5. SEAWEED PROTEIN MARKET FOR BROWN, BY COUNTRY, 2021-2030 ($MILLION)
    TABLE 6. SEAWEED PROTEIN MARKET SIZE, FOR GREEN, BY REGION, 2021-2030 ($MILLION)
    TABLE 7. SEAWEED PROTEIN MARKET FOR GREEN, BY COUNTRY, 2021-2030 ($MILLION)
    TABLE 8. GLOBAL SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 9. SEAWEED PROTEIN MARKET SIZE, FOR FOOD, BY REGION, 2021-2030 ($MILLION)
    TABLE 10. SEAWEED PROTEIN MARKET FOR FOOD, BY COUNTRY, 2021-2030 ($MILLION)
    TABLE 11. SEAWEED PROTEIN MARKET SIZE, FOR ANIMAL FEED AND ADDITIVES, BY REGION, 2021-2030 ($MILLION)
    TABLE 12. SEAWEED PROTEIN MARKET FOR ANIMAL FEED AND ADDITIVES, BY COUNTRY, 2021-2030 ($MILLION)
    TABLE 13. SEAWEED PROTEIN MARKET SIZE, FOR COSMETICS AND PERSONAL CARE, BY REGION, 2021-2030 ($MILLION)
    TABLE 14. SEAWEED PROTEIN MARKET FOR COSMETICS AND PERSONAL CARE, BY COUNTRY, 2021-2030 ($MILLION)
    TABLE 15. SEAWEED PROTEIN MARKET SIZE, FOR OTHERS, BY REGION, 2021-2030 ($MILLION)
    TABLE 16. SEAWEED PROTEIN MARKET FOR OTHERS, BY COUNTRY, 2021-2030 ($MILLION)
    TABLE 17. SEAWEED PROTEIN MARKET, BY REGION, 2021-2030 ($MILLION)
    TABLE 18. NORTH AMERICA SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 19. NORTH AMERICA SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 20. NORTH AMERICA SEAWEED PROTEIN MARKET, BY COUNTRY, 2021-2030 ($MILLION)
    TABLE 21. U.S. SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 22. U.S. SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 23. CANADA SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 24. CANADA SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 25. MEXICO SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 26. MEXICO SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 27. EUROPE SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 28. EUROPE SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 29. EUROPE SEAWEED PROTEIN MARKET, BY COUNTRY, 2021-2030 ($MILLION)
    TABLE 30. GERMANY SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 31. GERMANY SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 32. UNITED KINGDOM SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 33. UNITED KINGDOM SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 34. FRANCE SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 35. FRANCE SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 36. SPAIN SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 37. SPAIN SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 38. ITALY SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 39. ITALY SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 40. REST OF EUROPE SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 41. REST OF EUROPE SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 42. ASIA-PACIFIC SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 43. ASIA-PACIFIC SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 44. ASIA-PACIFIC SEAWEED PROTEIN MARKET, BY COUNTRY, 2021-2030 ($MILLION)
    TABLE 45. CHINA SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 46. CHINA SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 47. JAPAN SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 48. JAPAN SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 49. INDIA SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 50. INDIA SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 51. SOUTH KOREA SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 52. SOUTH KOREA SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 53. AUSTRALIA SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 54. AUSTRALIA SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 55. REST OF ASIA-PACIFIC SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 56. REST OF ASIA-PACIFIC SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 57. LAMEA SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 58. LAMEA SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 59. LAMEA SEAWEED PROTEIN MARKET, BY COUNTRY, 2021-2030 ($MILLION)
    TABLE 60. BRAZIL SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 61. BRAZIL SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 62. SAUDI ARABIA SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 63. SAUDI ARABIA SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 64. UNITED ARAB EMIRATES SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 65. UNITED ARAB EMIRATES SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 66. SOUTH AFRICA SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 67. SOUTH AFRICA SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 68. REST OF LAMEA SEAWEED PROTEIN MARKET, BY SOURCE, 2021-2030 ($MILLION)
    TABLE 69. REST OF LAMEA SEAWEED PROTEIN MARKET, BY APPLICATION, 2021-2030 ($MILLION)
    TABLE 70.CP KELCO: COMPANY SNAPSHOT
    TABLE 71.CP KELCO: OPERATING SEGMENTS
    TABLE 72.CP KELCO: PRODUCT PORTFOLIO
    TABLE 73.CP KELCO: NET SALES,
    TABLE 74.CP KELCO: KEY STRATERGIES
    TABLE 75.CARGILL: COMPANY SNAPSHOT
    TABLE 76.CARGILL: OPERATING SEGMENTS
    TABLE 77.CARGILL: PRODUCT PORTFOLIO
    TABLE 78.CARGILL: NET SALES,
    TABLE 79.CARGILL: KEY STRATERGIES
    TABLE 80.QINGDAO GATHER GREAT OCEAN ALGAE INDUSTRY GROUP CO LTD: COMPANY SNAPSHOT
    TABLE 81.QINGDAO GATHER GREAT OCEAN ALGAE INDUSTRY GROUP CO LTD: OPERATING SEGMENTS
    TABLE 82.QINGDAO GATHER GREAT OCEAN ALGAE INDUSTRY GROUP CO LTD: PRODUCT PORTFOLIO
    TABLE 83.QINGDAO GATHER GREAT OCEAN ALGAE INDUSTRY GROUP CO LTD: NET SALES,
    TABLE 84.QINGDAO GATHER GREAT OCEAN ALGAE INDUSTRY GROUP CO LTD: KEY STRATERGIES
    TABLE 85.MARA SEAWEED: COMPANY SNAPSHOT
    TABLE 86.MARA SEAWEED: OPERATING SEGMENTS
    TABLE 87.MARA SEAWEED: PRODUCT PORTFOLIO
    TABLE 88.MARA SEAWEED: NET SALES,
    TABLE 89.MARA SEAWEED: KEY STRATERGIES
    TABLE 90.ACADIAN SEAPLANTS: COMPANY SNAPSHOT
    TABLE 91.ACADIAN SEAPLANTS: OPERATING SEGMENTS
    TABLE 92.ACADIAN SEAPLANTS: PRODUCT PORTFOLIO
    TABLE 93.ACADIAN SEAPLANTS: NET SALES,
    TABLE 94.ACADIAN SEAPLANTS: KEY STRATERGIES
    TABLE 95.IRISH SEAWEED: COMPANY SNAPSHOT
    TABLE 96.IRISH SEAWEED: OPERATING SEGMENTS
    TABLE 97.IRISH SEAWEED: PRODUCT PORTFOLIO
    TABLE 98.IRISH SEAWEED: NET SALES,
    TABLE 99.IRISH SEAWEED: KEY STRATERGIES
    TABLE 100.ATSEANOVA: COMPANY SNAPSHOT
    TABLE 101.ATSEANOVA: OPERATING SEGMENTS
    TABLE 102.ATSEANOVA: PRODUCT PORTFOLIO
    TABLE 103.ATSEANOVA: NET SALES,
    TABLE 104.ATSEANOVA: KEY STRATERGIES
    TABLE 105.ALGAIA: COMPANY SNAPSHOT
    TABLE 106.ALGAIA: OPERATING SEGMENTS
    TABLE 107.ALGAIA: PRODUCT PORTFOLIO
    TABLE 108.ALGAIA: NET SALES,
    TABLE 109.ALGAIA: KEY STRATERGIES
    TABLE 110.SEASOL INTERNATIONAL PTY LTD: COMPANY SNAPSHOT
    TABLE 111.SEASOL INTERNATIONAL PTY LTD: OPERATING SEGMENTS
    TABLE 112.SEASOL INTERNATIONAL PTY LTD: PRODUCT PORTFOLIO
    TABLE 113.SEASOL INTERNATIONAL PTY LTD: NET SALES,
    TABLE 114.SEASOL INTERNATIONAL PTY LTD: KEY STRATERGIES
    TABLE 115.MAINE COAST SEA VEGETABLES: COMPANY SNAPSHOT
    TABLE 116.MAINE COAST SEA VEGETABLES: OPERATING SEGMENTS
    TABLE 117.MAINE COAST SEA VEGETABLES: PRODUCT PORTFOLIO
    TABLE 118.MAINE COAST SEA VEGETABLES: NET SALES,
    TABLE 119.MAINE COAST SEA VEGETABLES: KEY STRATERGIES
  • LIST OF FIGURES

  • FIGURE 1.SEAWEED PROTEIN MARKET SEGMENTATION
    FIGURE 2.SEAWEED PROTEIN MARKET,2021-2030
    FIGURE 3.SEAWEED PROTEIN MARKET,2021-2030
    FIGURE 4. TOP INVESTMENT POCKETS, BY REGION
    FIGURE 5.PORTER FIVE-1
    FIGURE 6.PORTER FIVE-2
    FIGURE 7.PORTER FIVE-3
    FIGURE 8.PORTER FIVE-4
    FIGURE 9.PORTER FIVE-5
    FIGURE 10.TOP PLAYER POSITIONING
    FIGURE 11.SEAWEED PROTEIN MARKET:DRIVERS, RESTRAINTS AND OPPORTUNITIES
    FIGURE 12.VALUE CHAIN ANALYSIS
    FIGURE 13.MARKET SHARE ANALYSIS
    FIGURE 14.KEY REGULATION ANALYSIS
    FIGURE 15.PATENT ANALYSIS BY COMPANY
    FIGURE 16.PATENT ANALYSIS BY COUNTRY
    FIGURE 17.REGULATORY GUIDELINES
    FIGURE 18.SEAWEED PROTEIN MARKET,BY SOURCE,2021(%)
    FIGURE 19.COMPARATIVE SHARE ANALYSIS OF RED SEAWEED PROTEIN MARKET,2021-2030(%)
    FIGURE 20.COMPARATIVE SHARE ANALYSIS OF BROWN SEAWEED PROTEIN MARKET,2021-2030(%)
    FIGURE 21.COMPARATIVE SHARE ANALYSIS OF GREEN SEAWEED PROTEIN MARKET,2021-2030(%)
    FIGURE 22.SEAWEED PROTEIN MARKET,BY APPLICATION,2021(%)
    FIGURE 23.COMPARATIVE SHARE ANALYSIS OF FOOD SEAWEED PROTEIN MARKET,2021-2030(%)
    FIGURE 24.COMPARATIVE SHARE ANALYSIS OF ANIMAL FEED AND ADDITIVES SEAWEED PROTEIN MARKET,2021-2030(%)
    FIGURE 25.COMPARATIVE SHARE ANALYSIS OF COSMETICS AND PERSONAL CARE SEAWEED PROTEIN MARKET,2021-2030(%)
    FIGURE 26.COMPARATIVE SHARE ANALYSIS OF OTHERS SEAWEED PROTEIN MARKET,2021-2030(%)
    FIGURE 27.SEAWEED PROTEIN MARKET BY REGION,2021
    FIGURE 28.U.S. SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 29.CANADA SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 30.MEXICO SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 31.GERMANY SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 32.UNITED KINGDOM SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 33.FRANCE SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 34.SPAIN SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 35.ITALY SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 36.REST OF EUROPE SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 37.CHINA SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 38.JAPAN SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 39.INDIA SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 40.SOUTH KOREA SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 41.AUSTRALIA SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 42.REST OF ASIA-PACIFIC SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 43.BRAZIL SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 44.SAUDI ARABIA SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 45.UNITED ARAB EMIRATES SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 46.SOUTH AFRICA SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 47.REST OF LAMEA SEAWEED PROTEIN MARKET,2021-2030($MILLION)
    FIGURE 48. TOP WINNING STRATEGIES, BY YEAR
    FIGURE 49. TOP WINNING STRATEGIES, BY DEVELOPMENT
    FIGURE 50. TOP WINNING STRATEGIES, BY COMPANY
    FIGURE 51.PRODUCT MAPPING OF TOP 10 PLAYERS
    FIGURE 52.COMPETITIVE DASHBOARD
    FIGURE 53.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
    FIGURE 54.CP KELCO.: NET SALES ,($MILLION)
    FIGURE 55.CARGILL.: NET SALES ,($MILLION)
    FIGURE 56.QINGDAO GATHER GREAT OCEAN ALGAE INDUSTRY GROUP CO LTD.: NET SALES ,($MILLION)
    FIGURE 57.MARA SEAWEED.: NET SALES ,($MILLION)
    FIGURE 58.ACADIAN SEAPLANTS.: NET SALES ,($MILLION)
    FIGURE 59.IRISH SEAWEED.: NET SALES ,($MILLION)
    FIGURE 60.ATSEANOVA.: NET SALES ,($MILLION)
    FIGURE 61.ALGAIA.: NET SALES ,($MILLION)
    FIGURE 62.SEASOL INTERNATIONAL PTY LTD.: NET SALES ,($MILLION)
    FIGURE 63.MAINE COAST SEA VEGETABLES.: NET SALES ,($MILLION)

 
 

Seaweed protein is used in animal feed because of the nutritional and biological benefits it provides to cattle. It is used in development of aquaculture feed, monogastric cattle feed, ruminant feed, and others. Cattle's overall health and growth rate is improved due to consumption of seaweed protein. Expansion of this market is fueled owing to rising meat consumption, increased livestock industrialization, and increased need for nutritious feed. Seaweed farming is more expensive than land farming, which is a significant factor that is predicted to hamper the market. Additionally, due to presence of harmful minerals, excessive consumption of seaweed might result in health issues. As a result, the market revenue growth over the projection period may be negatively impacted by all of these factors. Plant-based proteins are becoming more popular among consumers as they are shifting their preference from animal proteins, owing to demand for plant protein ingredients is rising quickly. The market for seaweed protein is expected to grow as a result of a change in consumer preferences for supplements made from plants. Under Pradhan Mantri Matsya Sampada Yojana (PMMSY), the Government of India decided to produce fresh sea weed of 11.2 lakh MT by 2025.

Among the analyzed regions, North America is expected to account for the fastest growing CAGR in the market by the end of 2030, followed by Europe, Asia-Pacific, and LAMEA. In North America, consumption of natural ingredients is trending and seaweeds is being considered as they are rich in minerals, vitamins, and micronutrients, which helps in promoting good health.

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FREQUENTLY ASKED QUESTIONS?

A. The global seaweed protein industry is witnessing a massive growth mainly due to increasing popularity of plant-based products. Increasing the use of seaweed protein in nutraceuticals will create massive investment opportunities for the key players in the global seaweed protein market.

A. The use of seaweed protein in diet, in animal feed and additives, in cosmetics and personal care products, and others is estimated to drive the adoption of seaweed protein.

A. Asia-Pacific will provide more business opportunities for global seaweed protein market in future.

A. Some of the leading seaweed protein market players are CP Kelco, Cargill, Incorporated, Qingdao Gather Great Ocean Algae Industry Group CO. LTD, Mara Seaweed, ASL, Irish Seaweeds, AtSeaNova, ALGAIA, Seasol, and Maine Coast Sea Vegetables.

A. Strategic alliances among market players, along with rising health benefits associated with seaweed, is expected to accelerate growth of the seaweed protein market.

A. The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global seaweed protein market from 2021-2030, to determine the prevailing opportunities.

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