Seaweed Extracts Market - Forecast(2024 - 2030)

Report Code: CPR 0111 Report Format: PDF + Excel

Seaweed Extracts Market Overview

The global Seaweed Extracts market is estimated to surpass $3,774m by 2023, growing at an estimated CAGR of 8.23% from 2018 to 2023. The market is majorly driven by the rising demand for seaweed extracts from several industries such as healthcare, pharmaceutical, and food and beverage. The market is also driven by the growing consumer awareness about the benefits of seaweed extracts – weight loss, beauty enhancement, diabetes control, and as supplements to fertilizers. The global seaweed extracts market is majorly dominated by Europe.

Seaweed Extracts Market Outlook

Seaweed, also known as marine macro-algae, is a plant-like organism which is generally found in coastal areas. It belongs to one of the following groups of algae: red algae, green algae, or brown algae, all of which have active ingredients. The red algae is the most abundant algae and is generally used in food applications. Seaweed extracts are commercially available in the market in the form of tablets, powders, syrups, and oils. Seaweed extracts such as alginate, agar, and carrageenan are used as food additives. In addition, they are also used in animal feed, water treatment, agriculture, cosmetic products, and so on.  
The nutritional aspect of these extracts has been widely analyzed in the recent years and has gained attention from several food and healthcare product providers. Seaweed extracts are also used as plant growth regulators. They are proven to be more effective than chemical growth hormones. 

This report provides an in-depth analysis of the seaweed extracts market by form, application, and geography. The report includes an analysis of the market by geography considering North America, Europe, Asia-Pacific, and Rest of the World along with an analysis of prominent countries across these regions. The Asia-Pacific region is evolving as the largest market for seaweed extracts. 

India and China are set to offer huge growth opportunities in the coming years, mainly driven by the increased applications of seaweed extracts in the agriculture and herbal medicine sectors in these countries.

Seaweed Extracts Market Growth Drivers 

Growing usage of seaweed extracts in several industries is driving the growth of the seaweed extracts market. 
Ease of use and health benefits offered by seaweed extracts are fueling the market growth. Seaweed extracts act as proven supplements to fertilizers; thus boosting the growth of the market. 
Rise in innovative technology and increasing research and development in seaweed extracts are fostering the growth of the market.

Seaweed Extracts Market Challenges 

High cost of production and stringent governmental regulations are hindering the growth of the market. 
Lack of awareness among farmers regarding the seaweed extraction is hampering the growth of seaweed extracts market
 

Seaweed Extracts Market Research Scope

The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of different forms in seaweed extracts market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the forms of seaweed extracts, and their specific applications in different industries.

Seaweed Extracts Market Report: Industry Coverage


Forms of Seaweed Extracts: Tablets, powder, liquid, flakes, and others

Applications of Seaweed Extracts: Food & Beverages, dietary supplements, healthcare & life sciences, filtration, agriculture, cosmetics, and others

Seaweed Extracts market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
  • Americas: The U.S., Canada, Mexico, Brazil, Venezuela, Argentina, and Rest of Americas
  • Europe: The U.K., Germany, Italy, France, Spain, Russia, Ukraine and Rest of Europe
  • APAC: China, Australia, South Korea, India and Rest of APAC
  • Rest of the World: The Middle East and Africa

Seaweed Extracts Market Key Players Perspective

Some of the key players mentioned in this report are Algaran Seaweed Products, AI Productions, Travena Organic Solutions, and Saosis Biotech Pvt. Ltd.

Seaweed Extracts Market Trends

  • Rising demand for seaweed extracts in several applications is providing opportunities to more number of new entrants. 
  • Seaweed extracts act as substitutes to various products, thus offering opportunities to companies for new product launches. 
  • The French seaweed extracts company Algaia launched a new seaweed extracts alginate line – Satialgine DVA – which is considered a part of premium dairy and non- dairy dessert application. This seaweed product is gaining popularity among vegans, and people who look for low-fat alternatives and are sensitive to dairy products. 
  • Seaweed extracts are gaining momentum among farmers too as they are rich in nutrients such as polysaccharide, mannitol, organic Iodine, and many others. These nutrients regulate the plant growth, promote root development, enhance immunity, and improve the quality of the crop. 
  • The consumption of seaweed extracts is increasing because of their therapeutic applications.  The Central Marine Fisheries Research Institute (CMFRI) based researchers have prepared an extract from seaweed, which is commonly found in the Indian coastal regions, and is used as a natural remedy for obesity and dyslipidemia. 
  • The rapidly growing food and cosmetic industries and the surging demand for seaweed extracts from other industries are boosting the growth of the seaweed extracts market.

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1. Seaweed Extracts Market - Overview
1.1. Definitions and Scope
2. Seaweed Extracts Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Seaweed Extracts Market 
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis 
4. Seaweed Extracts Market – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Seaweed Extracts Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Seaweed Extracts Market Forces
6.1. Drivers
6.2. Constraints
6.3. Challenges
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes 
7. Seaweed Extracts Market -Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product life cycle
7.4. Suppliers and distributors Market Share
8. Seaweed Extracts Market – By Form (Market Size -$Million / $Billion)
8.1. Market Size and Market Share Analysis 
8.2. Application Revenue and Trend Research
8.3. Product Segment Analysis
8.3.1. Tablets
8.3.2. Powder
8.3.3. Liquid
8.3.4. Flakes
8.3.5. Others
9. Seaweed Extracts Market – By Application (Market Size -$Million / $Billion)
9.1. Introduction
9.2. Food & Beverages
9.3. Dietary Supplements
9.4. Healthcare & Life Sciences
9.5. Filtration
9.6. Agriculture
9.9. Cosmetics
9.8. Others
10. Seaweed Extracts - By Geography (Market Size -$Million / $Billion)
10.1. Seaweed Extracts Market - North America Segment Research
10.2. North America Market Research (Million / $Billion)
10.2.1. Segment type Size and Market Size Analysis 
10.2.2. Revenue and Trends
10.2.3. Application Revenue and Trends by type of Application
10.2.4. Company Revenue and Product Analysis
10.2.5. North America Product type and Application Market Size
10.2.5.1. U.S.
10.2.5.2. Canada 
10.2.5.3. Mexico 
10.2.5.4. Rest of North America
10.3. Seaweed Extracts - South America Segment Research
10.4. South America Market Research (Market Size -$Million / $Billion)
10.4.1. Segment type Size and Market Size Analysis 
10.4.2. Revenue and Trends
10.4.3. Application Revenue and Trends by type of Application
10.4.4. Company Revenue and Product Analysis
10.4.5. South America Product type and Application Market Size
10.4.5.1. Brazil  
10.4.5.2. Venezuela
10.4.5.3. Argentina
10.4.5.4. Ecuador
10.4.5.5. Peru
10.4.5.6. Colombia 
10.4.5.7. Costa Rica
10.4.5.8. Rest of South America
10.5. Seaweed Extracts - Europe Segment Research
10.6. Europe Market Research (Market Size -$Million / $Billion)
10.6.1. Segment type Size and Market Size Analysis 
10.6.2. Revenue and Trends
10.6.3. Application Revenue and Trends by type of Application
10.6.4. Company Revenue and Product Analysis
10.6.5. Europe Segment Product type and Application Market Size
10.6.5.1. U.K  
10.6.5.2. Germany 
10.6.5.3. Italy 
10.6.5.4. France
10.6.5.5. Netherlands
10.6.5.6. Belgium
10.6.5.7. Spain
10.6.5.8. Denmark
10.6.5.9. Rest of Europe
10.7. Seaweed Extracts – APAC Segment Research
10.8. APAC Market Research (Market Size -$Million / $Billion)
10.8.1. Segment type Size and Market Size Analysis 
10.8.2. Revenue and Trends
10.8.3. Application Revenue and Trends by type of Application
10.8.4. Company Revenue and Product Analysis
10.8.5. APAC Segment – Product type and Application Market Size
10.8.5.1. China 
10.8.5.2. Australia
10.8.5.3. Japan 
10.8.5.4. South Korea
10.8.5.5. India
10.8.5.6. Taiwan
10.8.5.7. Malaysia
11. Seaweed Extracts Market - Entropy
11.1. New product launches
11.2. M&A's, collaborations, JVs and partnerships
12. Seaweed Extracts Market – Industry / Segment Competition landscape Premium
12.1. Market Share Analysis
12.1.1. Market Share by Country- Top companies
12.1.2. Market Share by Region- Top 10 companies
12.1.3. Market Share by type of Application – Top 10 companies
12.1.4. Market Share by type of Product / Product category- Top 10 companies
12.1.5. Market Share at global level- Top 10 companies
12.1.6. Best Practises for companies
13. Seaweed Extracts Market – Key Company List by Country Premium
14. Seaweed Extracts Market Company Analysis
14.1. Market Share, Company Revenue, Products, M&A, Developments
14.2. Algaran Seaweed Products
14.3. AI Productions
14.4. Travena Organic Solutions
14.5. Saosis Biotech Pvt. Ltd.
14.6. Company 5
14.7. Company 6
14.8. Company 7
14.9. Company 8
14.10. Company 9
14.11. Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"
15. Seaweed Extracts Market -Appendix
15.1. Abbreviations
15.2. Sources
16. Seaweed Extracts Market -Methodology Premium
16.1. Research Methodology
16.1.1. Company Expert Interviews
16.1.2. Industry Databases
16.1.3. Associations
16.1.4. Company News
16.1.5. Company Annual Reports
16.1.6. Application Trends
16.1.7. New Products and Product database
16.1.8. Company Transcripts
16.1.9. R&D Trends
16.1.10. Key Opinion Leaders Interviews
16.1.11. Supply and Demand Trends
List of Tables:

Table 1: Seaweed Extracts Market Key Companies, 2016
Table 2: Seaweed Extract Market Revenue, By Form, 2023-2030 ($Million)
Table 3: Seaweed Extracts Market Revenue, By Application, 2023-2030 ($Million)
Table 4: Seaweed Extract Market Value, By Geography, 2023-2030($Million)
Table 5: Seaweed Extract Market Value, By Form, 2023-2030 ($Million)
Table 6: Seaweed Extract Market Value, By Application, 2023-2030 ($Million)
Table 7: North Americas: Seaweed Extract Market Value, By Form, 2023-2030 ($Million)
Table 8: North Americas: Seaweed Extract Market Value, By Application, 2023-2030 ($Million)
Table 9: North Americas: Seaweed Extract Market Value, By Country, 2023-2030 ($Million)
Table 10: U.S.: GDP – Composition of 2015, By End Use
Table 11: Canada : GDP – Composition of 2015, By End Use
Table 12: Mexico: GDP – Composition of 2015, By End Use
Table 13: Europe: Seaweed Extract Market Value, By Form, 2023-2030 ($Million) 
Table 14: Europe: Seaweed Extract Market Value, By Application, 2023-2030 ($Million) 
Table 15: Europe: Seaweed Extract Market Value, By Country, 2023-2030 ($Million) 
Table 16: U.K.: GDP – Composition of 2015, By End Use
Table 17: Germany: GDP – Composition of 2015, By End Use
Table 18: France: GDP – Composition of 2015, By End Use
Table 19: APAC Seaweed Extracts Market Revenue, By Form, 2023-2030 ($Million): 
Table 20: APAC Seaweed Extracts Market Revenue, By Application, 2023-2030 ($Million) 
Table 21: APAC Seaweed Extracts Market Revenue, By Geography, 2023-2030 ($Million) 
Table 22: China: GDP – Composition of 2015, By End Use
Table 23: Japan: GDP – Composition of 2015, By End Use
Table 24: India: GDP – Composition of 2015, By End Use
Table 25: ROW: Seaweed Extracts Market Revenue, By Form, 2023-2030 ($Million)
Table 26: ROW: Seaweed Extracts Market Revenue, By Application, 2023-2030 ($Million) 
Table 27: ROW: Seaweed Extracts Market Revenue, By Geography, 2023-2030 ($Million)


List of Figures:

Figure 1: Seaweed Extracts Market Revenue, 2023-2030 ($Million) 
Figure 2: Seaweed Extracts Market Value, By Form, 2023, 2023, ($Million)
Figure 3: Seaweed Extracts Market Value, By Application, 2023, 2023, ($Million)
Figure 4: Seaweed Extracts Market Revenue Share, By Region, 2023, 2023(%)
Figure 5: Seaweed Extracts Market Revenue Share, By Application, 2023 (%)
Figure 6: Seaweed Extracts Market Revenue Share, By Application, 2023 (%)
Figure 7: Seaweed Extracts Patents, 2013-2023
Figure 8: Seaweed Extracts Patents, By Geography (%)
Figure 9: Seaweed Extracts Patents, By Applicant (%)
Figure 10: Tablets: Seaweed Extract Market, 2023-2030, ($Million)
Figure 11: Powder: Seaweed Extract Market, 2023-2030, ($Million)
Figure 12: Liquid: Seaweed Extract Market, 2023-2030, ($Million)
Figure 13: Flakes: Seaweed Extract Market, 2023-2030, ($Million)
Figure 14: Others: Seaweed Extract Market, 2023-2030, ($Million)
Figure 15: Food & Beverage: Seaweed Extracts Market Revenue, 2023-2030 ($Million)
Figure 16: Dietary Supplement: Seaweed Extracts Market Revenue, 2023-2030 ($Million)
Figure 17: Healthcare & Life Science: Seaweed Extracts Market Revenue, 2023-2030 ($Million)
Figure 18: Filtration: Seaweed Extracts Market Revenue, 2023-2030 ($Million)
Figure 19: Agriculture: Seaweed Extracts Market Revenue, 2023-2030 ($Million)
Figure 20: Cosmetics : Seaweed Extracts Market Revenue, 2023-2030 ($Million)
Figure 21: Others: Seaweed Extracts Market Revenue, 2023-2030 ($Million)
Figure 22: U.S.: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 23: U.S.: GDP – Composition of 2015, By Sector of Origin
Figure 24: U.S.: Export and Import Value, 2012-2015 ($Trillion)
Figure 25: Canada: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 26: Canada: GDP – Composition of 2015, By Sector of Origin
Figure 27: Canada : Export and Import Value, 2012-2015 ($Billion)
Figure 28: Mexico: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 29: Mexico: GDP – Composition of 2015, By Sector of Origin
Figure 30: Mexico: Export and Import Value, 2012-2015 ($Billion)
Figure 31: U.S. : Seaweed Extract Market Value, 2023-2030 ($Million)
Figure 32: Canada: Seaweed Extract Market Value, 2023-2030 ($Million)
Figure 33: Mexico: Seaweed Extract Market Value, 2023-2030 ($Million)
Figure 34: North America: Seaweed Extract Market Value, 2023-2030 ($Million)
Figure 35: U.K.: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 36: U.K.: GDP – Composition of 2015, By Sector of Origin
Figure 37: U.K.: Export and Import Value, 2012-2015 ($Billion)
Figure 38: Germany: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 39: Germany: GDP – Composition of 2015, By Sector of Origin
Figure 40: Germany: Export and Import Value, 2012-2015 ($Billion)
Figure 41: France: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 42: France: GDP – Composition of 2015, By Sector of Origin
Figure 43: France: Export and Import Value, 2012-2015 ($Billion)
Figure 44: U.K. : Seaweed Extract Market Value, 2023-2030 ($Million)
Figure 45: Germany: Seaweed Extract Market Value, 2023-2030 ($Million)
Figure 46: Italy: Seaweed Extract Market Value, 2023-2030 ($Million)
Figure 47: France: Seaweed Extract Market Value, 2023-2030 ($Million)
Figure 48: Spain: Seaweed Extract Market Value, 2023-2030 ($Million)
Figure 49: Rest of Europe : Seaweed Extract Market Value, 2023-2030 ($Million)
Figure 50: Europe: Seaweed Extract Market CAGR, By Countries 2023-2030 (%)
Figure 51: China: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 52: China: GDP – Composition of 2015, By Sector of Origin
Figure 53: China: Export and Import Value, 2012-2015 ($Million)
Figure 54: Japan: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 55: Japan: GDP – Composition of 2015, By Sector of Origin
Figure 56: Japan: Export and Import Value, 2012-2015 ($Billion)
Figure 57: India: GDP and Population, 2012-2015 ($Trillion, Million)
Figure 58: India: GDP – Composition of 2015, By Sector of Origin
Figure 59: India: Export and Import Value, 2012-2015 ($Million)
Figure 60: Rest of APAC: Seaweed Extracts Market Revenue, 2023-2030 ($Million)
Figure 61: Japan: Seaweed Extracts Market Revenue, 2023-2030 ($Million)
Figure 62: India: Seaweed Extracts Market Revenue, 2023-2030 ($Million)
Figure 63: China: Seaweed Extracts Market Revenue, 2023-2030 ($Million)
Figure 64: Australia & New Zealand: Seaweed Extracts Market Revenue, 2023-2030 ($Million)
Figure 65: APAC: Seaweed Extracts Market CAGR, By Countries, 2023-2030 (%)
Figure 66: South America: Palletizing Systems Market Revenue, 2023-2030 ($Million)
Figure 67: Middle East: Palletizing Systems Market Revenue, 2023-2030 ($Million)
Figure 68: Africa: Palletizing Systems Market Revenue, 2023-2030 ($Million)
Figure 69: APAC: Seaweed Extracts Market CAGR, By Regions, 2023-2030 (%)
Figure 70: Seaweed Extracts Developments Share, By Strategies, 2012-2023