PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1172583
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1172583
Asia-Pacific Seaweed Snack Market, By Type ; By Application ; By Distribution Channel ; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
Asia-Pacific Seaweed Snack Market to Expand at an Impressive CAGR of 18.5% during 2023-2029.
Asia-Pacific seaweed snack market is flourishing because of growing popularity of organic food and snack products, rapidly expanding snack segment across emerging economies, and changes in consumer preferences.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects Asia-Pacific seaweed snack market size to grow at a CAGR of 18.5% during the forecast period between 2023 and 2029. Major factors for the expansion of Asia-Pacific seaweed snack market are increasing adoption of organic products, modification in consumers' preferences, and a surging demand from the cosmetic industry, rapidly expanding food business, particularly in the developing economies. The rising popularity of seafood, such as sushi, seaweed salad, seaweed chips, seaweed bars, roasted seaweed, and organic seaweed snacks, is also driving market expansion. Apart from flavor and texture, the seaweed snacks are also high in nutrients. It, in turn, is expected to drive seaweed snack sales, as there has been a rising demand for healthy and clean-labeled seafood items in the recent years. The market is predicted to benefit from the product's increasing availability, because of the expansion of supermarkets and hypermarkets in various countries. The thriving e-commerce platform will accelerate the market expansion during period in analysis. However, complicated extraction process and high cost of production are anticipated to limit the growth of Asia-Pacific seaweed snack market.
Asia-Pacific Seaweed Snack Market - Overview
Seaweed snacks can be eaten and included in cooking. They have a high fiber content and could be classified as one of three types of multicellular algae: red algae, green algae, or brown algae. Seaweeds are rich in nutrients, such proteins, vitamins, minerals, dietary fiber. polyphenols, polysaccharides, sterols, and other bioactive compounds. When compared to terrestrial plants, seaweeds have a major portion of essential fatty acids, such as eicosapentaenoic (EPA) and docosahexaenoic (DHA). Due to its specific structure, natural umami flavor, and proper thickness or consistency, seaweed is often employed in the production of specific food products. It is a popular food product across Asian nations and European restaurants, whether vegetarian or non-vegetarian, utilize sea tang to provide the finest dishes. Several researchers believe that consuming dried algae on a regular basis lowers the incidence of gastric ulcers and tumors, diabetes, certain forms of cancer, and cardiovascular diseases.
Asia-Pacific Seaweed Snack Market - Opportunity
Supportive government policies and regulations promoting seaweed products
Government authorities have made concerted attempts to regulate the manufacturing and use of ecologically friendly items, such as forbidding the use of specified chemicals and imposing maximum consumption restrictions. As a result, there is an immediate need to develop bio-based agrochemicals to lessen the detrimental impacts of synthetic agrochemicals on the environment. Furthermore, the benefits of employing seaweed extracts, such as low toxicity, high specificity, and higher efficiency, have led to an increase in their consumption. As a result, there are several market opportunities in the industry for producing seaweed-based goods.
Asia-Pacific Seaweed Snack Market - By Distribution Channel
Based on distribution channel, Asia-Pacific seaweed snack market is divided into Hypermarket & Supermarket, Convenience Stores, and Specialty Stores. The specialty stores segment holds the highest market share, as these stores provide high-quality service and have a customer care department. The stores provide global label brands as well as private labels, which are projected to create new prospects for the market's leading manufacturers of seaweed snacks. Due to the availability of a wide range of seaweed items, supermarkets are also in high demand. The spurring demand for these offline stores is due to most consumers still prefer to shop in a physical outlet to select the best products.
Impact of COVID-19 on Asia-Pacific Seaweed Snack Market
COVID-19 had a detrimental effect on Asia-Pacific seaweed snack market. People's salaries were significantly reduced, and some were even laid off during the COVID-19 pandemic's breakout. The pandemic posed a threat to the Asia-Pacific economies and had an adverse effect on many commercial sectors, including the seaweed snacks market. The pandemic's impact on people's disposable income, combined with disrupted supply chains, hindered the growth of seaweed snacks market. However, the population's intake of bio-based products has increased, boosting demand for the seaweed snack market in the Asia-Pacific region.
Competitive Landscape
Major players operating in Asia-Pacific seaweed snack market include: PepsiCo, Inc., CJ CHEILJEDANG CORP., TAOKAENOI FOOD & MARKETING PCL., KwangcheonKim, Boonrawd Brewery, SeaSnax, Fujian Qinqin Holdings Co., Ltd., QINGDAO HEALTHY CARE FOODSTUFF CO., LTD, GUANGDONG PEKE FOOD ENTERPRISES CO., LTD., Weifang Alice Food Co., Ltd., and Nantong Xinlang Seaweed & Foods Co., Ltd. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics Asia-Pacific Seaweed Snack Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Asia-Pacific Seaweed Snack Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Asia-Pacific Seaweed Snack Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Surging demand for organic products
- 3.2.1.2. Change in consumer preferences
- 3.2.1.3. Increasing application from the cosmetic industry
- 3.2.2. Restraints
- 3.2.2.1. Complicated extraction process
- 3.2.2.2. High cost of production
- 3.2.3. Opportunities
- 3.2.3.1. Rising product innovation to change with consumer preferences
- 3.2.3.2. Government policies and regulation to promote environment friendly products
- 3.2.4. Challenges
- 3.2.4.1. Stringent government rules & regulations
- 3.2.1. Growth Drivers
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Asia-Pacific Seaweed Snack Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Type
- 4.2.1.1. Strips & Chips
- 4.2.1.2. Flakes
- 4.2.1.3. Bars
- 4.2.1.4. Others
- 4.2.2. By Application
- 4.2.2.1. Food & Beverage
- 4.2.2.2. Dietary Supplements
- 4.2.2.3. Pharmaceutical & Medical
- 4.2.2.4. Others
- 4.2.3. By Distribution Channel
- 4.2.3.1. Hypermarket & Supermarket
- 4.2.3.2. Convenience Stores
- 4.2.3.3. Specialty Stores
- 4.2.3.4. Others
- 4.2.4. By Country
- 4.2.4.1. China
- 4.2.4.2. India
- 4.2.4.3. Japan
- 4.2.4.4. South Korea
- 4.2.4.5. Australia & New Zealand
- 4.2.4.6. Indonesia
- 4.2.4.7. Malaysia
- 4.2.4.8. Singapore
- 4.2.4.9. Philippines
- 4.2.4.10. Vietnam
- 4.2.4.11. Rest of Asia Pacific
- 4.2.1. By Type
5. China Seaweed Snack Market
- 5.1.1. Market Size & Forecast, 2019-2029
- 5.1.2. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Type
- 5.2.2. By Application
- 5.2.3. By Distribution Channel
6. India Seaweed Snack Market
- 6.1.1. Market Size & Forecast, 2019-2029
- 6.1.2. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Application
- 6.2.3. By Distribution Channel
7. Japan Seaweed Snack Market
- 7.1.1. Market Size & Forecast, 2019-2029
- 7.1.2. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Application
- 7.2.3. By Distribution Channel
8. South Korea Seaweed Snack Market
- 8.1.1. Market Size & Forecast, 2019-2029
- 8.1.2. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Application
- 8.2.3. By Distribution Channel
9. Australia & New Zealand Seaweed Snack Market
- 9.1.1. Market Size & Forecast, 2019-2029
- 9.1.2. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Application
- 9.2.3. By Distribution Channel
10. Indonesia Seaweed Snack Market
- 10.1.1. Market Size & Forecast, 2019-2029
- 10.1.2. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Application
- 10.2.3. By Distribution Channel
11. Malaysia Seaweed Snack Market
- 11.1.1. Market Size & Forecast, 2019-2029
- 11.1.2. By Value (USD Million)
- 11.2. Market Share & Forecast
- 11.2.1. By Type
- 11.2.2. By Application
- 11.2.3. By Distribution Channel
12. Singapore Seaweed Snack Market
- 12.1.1. Market Size & Forecast, 2019-2029
- 12.1.2. By Value (USD Million)
- 12.2. Market Share & Forecast
- 12.2.1. By Type
- 12.2.2. By Application
- 12.2.3. By Distribution Channel
13. Philippines Seaweed Snack Market
- 13.1.1. Market Size & Forecast, 2019-2029
- 13.1.2. By Value (USD Million)
- 13.2. Market Share & Forecast
- 13.2.1. By Type
- 13.2.2. By Application
- 13.2.3. By Distribution Channel
14. Vietnam Seaweed Snack Market
- 14.1.1. Market Size & Forecast, 2019-2029
- 14.1.2. By Value (USD Million)
- 14.2. Market Share & Forecast
- 14.2.1. By Type
- 14.2.2. By Application
- 14.2.3. By Distribution Channel
15. Rest of Asia-Pacific Seaweed Snack Market
- 15.1.1. Market Size & Forecast, 2019-2029
- 15.1.2. By Value (USD Million)
- 15.2. Market Share & Forecast
- 15.2.1. By Type
- 15.2.2. By Application
- 15.2.3. By Distribution Channel
16. Competitive Landscape
- 16.1. List of Key Players and Their Offerings
- 16.2. Asia-Pacific Seaweed Snack Company Market Share Analysis, 2022
- 16.3. Competitive Benchmarking, By Operating Parameters
- 16.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, and others)
17. Impact of Covid-19 on Asia-Pacific Seaweed Snack Market
18. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT)
- 18.1. PepsiCo, Inc.
- 18.2. CJ CHEILJEDANG CORP.
- 18.3. TAOKAENOI FOOD & MARKETING PCL.
- 18.4. KwangcheonKim
- 18.5. Boonrawd Brewery
- 18.6. SeaSnax
- 18.7. Fujian Qinqin Holdings Co., Ltd.
- 18.8. QINGDAO HEALTHY CARE FOODSTUFF CO., LTD
- 18.9. GUANGDONG PEKE FOOD ENTERPRISES CO., LTD.
- 18.10. Weifang Alice Food Co., Ltd.
- 18.11. Nantong Xinlang Seaweed & Foods Co., Ltd
- 18.12. Other Prominent Players
19. Key Strategic Recommendations
20. Research Methodology
- 20.1. Qualitative Research
- 20.1.1. Primary & Secondary Research
- 20.2. Quantitative Research
- 20.3. Market Breakdown & Data Triangulation
- 20.3.1. Secondary Research
- 20.3.2. Primary Research
- 20.4. Breakdown of Primary Research Respondents, By Region
- 20.5. Assumptions & Limitations
*Financial in case of non-listed companies can be provided as per availability
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 Asia-Pacific Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Figure 2 Asia-Pacific Seaweed Snack Market Share, By Type, By Value, 2019-2029
- Figure 3 Asia-Pacific Seaweed Snack Market Share, By Application, By Value, 2019-2029
- Figure 4 Asia-Pacific Seaweed Snack Market Share, By Distribution Channel, By Value, 2019-2029
- Figure 5 Asia-Pacific Seaweed Snack Market Share, By Country, By Value, 2019-2029
- Figure 6 China Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Figure 7 China Seaweed Snack Market Share, By Type, By Value, 2019-2029
- Figure 8 China Seaweed Snack Market Share, By Application, By Value, 2019-2029
- Figure 9 China Seaweed Snack Market Share, By Distribution Channel, By Value, 2019-2029
- Figure 10 India Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Figure 11 India Seaweed Snack Market Share, By Type, By Value, 2019-2029
- Figure 12 India Seaweed Snack Market Share, By Application, By Value, 2019-2029
- Figure 13 India Seaweed Snack Market Share, By Distribution Channel, By Value, 2019-2029
- Figure 14 Japan Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Figure 15 Japan Seaweed Snack Market Share, By Type, By Value, 2019-2029
- Figure 16 Japan Seaweed Snack Market Share, By Application, By Value, 2019-2029
- Figure 17 Japan Seaweed Snack Market Share, By Distribution Channel, By Value, 2019-2029
- Figure 18 South Korea Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Figure 19 South Korea Seaweed Snack Market Share, By Type, By Value, 2019-2029
- Figure 20 South Korea Seaweed Snack Market Share, By Application, By Value, 2019-2029
- Figure 21 South Korea Seaweed Snack Market Share, By Distribution Channel, By Value, 2019-2029
- Figure 22 Australia & New Zealand Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Figure 23 Australia & New Zealand Seaweed Snack Market Share, By Type, By Value, 2019-2029
- Figure 24 Australia & New Zealand Seaweed Snack Market Share, By Application, By Value, 2019-2029
- Figure 25 Australia & New Zealand Seaweed Snack Market Share, By Distribution Channel, By Value, 2019-2029
- Figure 26 Indonesia Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Figure 27 Indonesia Seaweed Snack Market Share, By Type, By Value, 2019-2029
- Figure 28 Indonesia Seaweed Snack Market Share, By Application, By Value, 2019-2029
- Figure 29 Indonesia Seaweed Snack Market Share, By Distribution Channel, By Value, 2019-2029
- Figure 30 Malaysia Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Figure 31 Malaysia Seaweed Snack Market Share, By Type, By Value, 2019-2029
- Figure 32 Malaysia Seaweed Snack Market Share, By Application, By Value, 2019-2029
- Figure 33 Malaysia Seaweed Snack Market Share, By Distribution Channel, By Value, 2019-2029
- Figure 34 Singapore Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Figure 35 Singapore Seaweed Snack Market Share, By Type, By Value, 2019-2029
- Figure 36 Singapore Seaweed Snack Market Share, By Application, By Value, 2019-2029
- Figure 37 Singapore Seaweed Snack Market Share, By Distribution Channel, By Value, 2019-2029
- Figure 38 Philippines Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Figure 39 Philippines Seaweed Snack Market Share, By Type, By Value, 2019-2029
- Figure 40 Philippines Seaweed Snack Market Share, By Application, By Value, 2019-2029
- Figure 41 Philippines Seaweed Snack Market Share, By Distribution Channel, By Value, 2019-2029
- Figure 42 Vietnam Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Figure 43 Vietnam Seaweed Snack Market Share, By Type, By Value, 2019-2029
- Figure 44 Vietnam Seaweed Snack Market Share, By Application, By Value, 2019-2029
- Figure 45 Vietnam Seaweed Snack Market Share, By Distribution Channel, By Value, 2019-2029
- Figure 46 Rest of APAC Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Figure 47 Rest of APAC Seaweed Snack Market Share, By Type, By Value, 2019-2029
- Figure 48 Rest of APAC Seaweed Snack Market Share, By Application, By Value, 2019-2029
- Figure 49 Rest of APAC Seaweed Snack Market Share, By Distribution Channel, By Value, 2019-2029
List of Tables
- Table 1 Asia-Pacific Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Table 2 Asia-Pacific Seaweed Snack Market Size, By Type, By Value, 2019-2029
- Table 3 Asia-Pacific Seaweed Snack Market Size, By Application, By Value, 2019-2029
- Table 4 Asia-Pacific Seaweed Snack Market Size, By Distribution Channel, By Value, 2019-2029
- Table 5 Asia-Pacific Seaweed Snack Market Size, By Country, By Value, 2019-2029
- Table 6 China Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Table 7 China Seaweed Snack Market Size, By Type, By Value, 2019-2029
- Table 8 China Seaweed Snack Market Size, By Application, By Value, 2019-2029
- Table 9 China Seaweed Snack Market Size, By Distribution Channel, By Value, 2019-2029
- Table 10 India Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Table 11 India Seaweed Snack Market Size, By Type, By Value, 2019-2029
- Table 12 India Seaweed Snack Market Size, By Application, By Value, 2019-2029
- Table 13 India Seaweed Snack Market Size, By Distribution Channel, By Value, 2019-2029
- Table 14 Japan Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Table 15 Japan Seaweed Snack Market Size, By Type, By Value, 2019-2029
- Table 16 Japan Seaweed Snack Market Size, By Application, By Value, 2019-2029
- Table 17 Japan Seaweed Snack Market Size, By Distribution Channel, By Value, 2019-2029
- Table 18 South Korea Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Table 19 South Korea Seaweed Snack Market Size, By Type, By Value, 2019-2029
- Table 20 South Korea Seaweed Snack Market Size, By Application, By Value, 2019-2029
- Table 21 South Korea Seaweed Snack Market Size, By Distribution Channel, By Value, 2019-2029
- Table 22 Australia & New Zealand Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Table 23 Australia & New Zealand Seaweed Snack Market Size, By Type, By Value, 2019-2029
- Table 24 Australia & New Zealand Seaweed Snack Market Size, By Application, By Value, 2019-2029
- Table 25 Australia & New Zealand Seaweed Snack Market Size, By Distribution Channel, By Value, 2019-2029
- Table 26 Indonesia Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Table 27 Indonesia Seaweed Snack Market Size, By Type, By Value, 2019-2029
- Table 28 Indonesia Seaweed Snack Market Size, By Application, By Value, 2019-2029
- Table 29 Indonesia Seaweed Snack Market Size, By Distribution Channel, By Value, 2019-2029
- Table 30 Malaysia Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Table 31 Malaysia Seaweed Snack Market Size, By Type, By Value, 2019-2029
- Table 32 Malaysia Seaweed Snack Market Size, By Application, By Value, 2019-2029
- Table 33 Malaysia Seaweed Snack Market Size, By Distribution Channel, By Value, 2019-2029
- Table 34 Singapore Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Table 35 Singapore Seaweed Snack Market Size, By Type, By Value, 2019-2029
- Table 36 Singapore Seaweed Snack Market Size, By Application, By Value, 2019-2029
- Table 37 Singapore Seaweed Snack Market Size, By Distribution Channel, By Value, 2019-2029
- Table 38 Philippines Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Table 39 Philippines Seaweed Snack Market Size, By Type, By Value, 2019-2029
- Table 40 Philippines Seaweed Snack Market Size, By Application, By Value, 2019-2029
- Table 41 Philippines Seaweed Snack Market Size, By Distribution Channel, By Value, 2019-2029
- Table 42 Vietnam Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Table 43 Vietnam Seaweed Snack Market Size, By Type, By Value, 2019-2029
- Table 44 Vietnam Seaweed Snack Market Size, By Application, By Value, 2019-2029
- Table 45 Vietnam Seaweed Snack Market Size, By Distribution Channel, By Value, 2019-2029
- Table 46 Rest of APAC Seaweed Snack Market Size, By Value (USD Million), 2019-2029
- Table 47 Rest of APAC Seaweed Snack Market Size, By Type, By Value, 2019-2029
- Table 48 Rest of APAC Seaweed Snack Market Size, By Application, By Value, 2019-2029
- Table 49 Rest of APAC Seaweed Snack Market Size, By Distribution Channel, By Value, 2019-2029
- Table 50 China Railway Construction Corporation Limited Company Overview
- Table 51 China Railway Construction Corporation Limited Financial Overview
- Table 52 PepsiCo, Inc. Company Overview
- Table 53 PepsiCo, Inc. Financial Overview
- Table 54 CJ CHEILJEDANG CORP. Company Overview
- Table 55 CJ CHEILJEDANG CORP. Financial Overview
- Table 56 TAOKAENOI FOOD & MARKETING PCL. Company Overview
- Table 57 TAOKAENOI FOOD & MARKETING PCL. Financial Overview
- Table 58 KwangcheonKim Company Overview
- Table 59 KwangcheonKim Financial Overview
- Table 60 Boonrawd Brewery Company Overview
- Table 61 Boonrawd Brewery Financial Overview
- Table 62 SeaSnax Company Overview
- Table 63 SeaSnax Financial Overview
- Table 64 Fujian Qinqin Holdings Co., Ltd. Company Overview
- Table 65 Fujian Qinqin Holdings Co., Ltd. Financial Overview
- Table 66 QINGDAO HEALTHY CARE FOODSTUFF CO., LTD Company Overview
- Table 67 QINGDAO HEALTHY CARE FOODSTUFF CO., LTD Financial Overview
- Table 68 GUANGDONG PEKE FOOD ENTERPRISES CO., LTD. Company Overview
- Table 69 GUANGDONG PEKE FOOD ENTERPRISES CO., LTD. Financial Overview
- Table 70 Weifang Alice Food Co., Ltd. Company Overview
- Table 71 Weifang Alice Food Co., Ltd. Financial Overview
- Table 72 Nantong Xinlang Seaweed & Foods Co., Ltd Company Overview
- Table 73 Nantong Xinlang Seaweed & Foods Co., Ltd Financial Overview
