Global Seaweed Protein Market 2024-2028

The seaweed protein market is forecasted to grow by USD 366.63 mn during 2023-2028, accelerating at a CAGR of 10.1% during the forecast period. The report on the seaweed protein market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing health consciousness among consumers, growing hunger crisis across globe, and rising demand for seaweed-flavored food and beverages.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	9.6%
CAGR	10.1%
Incremental Value	$366.63mn

Technavio's seaweed protein market is segmented as below:

By Source

Red
Brown
Green

By Method

Conventional
New

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the rising number of vegans and vegetarians as one of the prime reasons driving the seaweed protein market growth during the next few years. Also, growing strategies among seaweed protein vendors and growing application of seaweed protein in different end-user industries will lead to sizable demand in the market.

The report on the seaweed protein market covers the following areas:

Seaweed protein market sizing
Seaweed protein market forecast
Seaweed protein market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading seaweed protein market vendors that include Acadian Seaplants Ltd., AquaPharm Laboratories, AtSeaNova, Cargill Inc., Cascadia Seaweed, Cornish Seaweed Co. Ltd., DuluxGroup Australia Pty Ltd., Ebb and Flow Seaweed, gimMe Health Foods Inc., J M Huber Corp., Kelp Products International Pty Ltd., Maine Coast Sea Vegetables Inc., Marcel Trading Corp., North Atlantic Organics Ltd., Ocean Harvest Technology Ltd., Oceans Balance, seagardenstore, Seakura, Seatech Bioproducts Corp., and The Seaweed Co.. Also, the seaweed protein market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR76846

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Source
Exhibit 06: Executive Summary - Chart on Market Segmentation by Method
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global seaweed protein market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global seaweed protein market 2018 - 2022 ($ million)
4.2 Source Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Source Segment 2018 - 2022 ($ million)
4.3 Method Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Method Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Source

6.1 Market segments
Exhibit 30: Chart on Source - Market share 2023-2028 (%)
Exhibit 31: Data Table on Source - Market share 2023-2028 (%)
6.2 Comparison by Source
Exhibit 32: Chart on Comparison by Source
Exhibit 33: Data Table on Comparison by Source
6.3 Red - Market size and forecast 2023-2028
Exhibit 34: Chart on Red - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Red - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Red - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Red - Year-over-year growth 2023-2028 (%)
6.4 Brown - Market size and forecast 2023-2028
Exhibit 38: Chart on Brown - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Brown - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Brown - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Brown - Year-over-year growth 2023-2028 (%)
6.5 Green - Market size and forecast 2023-2028
Exhibit 42: Chart on Green - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Green - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Green - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Green - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Source
Exhibit 46: Market opportunity by Source ($ million)
Exhibit 47: Data Table on Market opportunity by Source ($ million)

7 Market Segmentation by Method

7.1 Market segments
Exhibit 48: Chart on Method - Market share 2023-2028 (%)
Exhibit 49: Data Table on Method - Market share 2023-2028 (%)
7.2 Comparison by Method
Exhibit 50: Chart on Comparison by Method
Exhibit 51: Data Table on Comparison by Method
7.3 Conventional - Market size and forecast 2023-2028
Exhibit 52: Chart on Conventional - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Conventional - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Conventional - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Conventional - Year-over-year growth 2023-2028 (%)
7.4 New - Market size and forecast 2023-2028
Exhibit 56: Chart on New - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on New - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on New - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on New - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Method
Exhibit 60: Market opportunity by Method ($ million)
Exhibit 61: Data Table on Market opportunity by Method ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 Japan - Market size and forecast 2023-2028
Exhibit 91: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.10 US - Market size and forecast 2023-2028
Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
9.11 South Korea - Market size and forecast 2023-2028
Exhibit 99: Chart on South Korea - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on South Korea - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ million)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 Acadian Seaplants Ltd.
Exhibit 115: Acadian Seaplants Ltd. - Overview
Exhibit 116: Acadian Seaplants Ltd. - Product / Service
Exhibit 117: Acadian Seaplants Ltd. - Key offerings
12.4 AtSeaNova
Exhibit 118: AtSeaNova - Overview
Exhibit 119: AtSeaNova - Product / Service
Exhibit 120: AtSeaNova - Key offerings
12.5 Cargill Inc.
Exhibit 121: Cargill Inc. - Overview
Exhibit 122: Cargill Inc. - Product / Service
Exhibit 123: Cargill Inc. - Key news
Exhibit 124: Cargill Inc. - Key offerings
12.6 Cascadia Seaweed
Exhibit 125: Cascadia Seaweed - Overview
Exhibit 126: Cascadia Seaweed - Product / Service
Exhibit 127: Cascadia Seaweed - Key offerings
12.7 Cornish Seaweed Co. Ltd.
Exhibit 128: Cornish Seaweed Co. Ltd. - Overview
Exhibit 129: Cornish Seaweed Co. Ltd. - Product / Service
Exhibit 130: Cornish Seaweed Co. Ltd. - Key offerings
12.8 DuluxGroup Australia Pty Ltd.
Exhibit 131: DuluxGroup Australia Pty Ltd. - Overview
Exhibit 132: DuluxGroup Australia Pty Ltd. - Product / Service
Exhibit 133: DuluxGroup Australia Pty Ltd. - Key offerings
12.9 Ebb and Flow Seaweed
Exhibit 134: Ebb and Flow Seaweed - Overview
Exhibit 135: Ebb and Flow Seaweed - Product / Service
Exhibit 136: Ebb and Flow Seaweed - Key offerings
12.10 gimMe Health Foods Inc.
Exhibit 137: gimMe Health Foods Inc. - Overview
Exhibit 138: gimMe Health Foods Inc. - Product / Service
Exhibit 139: gimMe Health Foods Inc. - Key offerings
12.11 J M Huber Corp.
Exhibit 140: J M Huber Corp. - Overview
Exhibit 141: J M Huber Corp. - Product / Service
Exhibit 142: J M Huber Corp. - Key offerings
12.12 Maine Coast Sea Vegetables Inc.
Exhibit 143: Maine Coast Sea Vegetables Inc. - Overview
Exhibit 144: Maine Coast Sea Vegetables Inc. - Product / Service
Exhibit 145: Maine Coast Sea Vegetables Inc. - Key offerings
12.13 North Atlantic Organics Ltd.
Exhibit 146: North Atlantic Organics Ltd. - Overview
Exhibit 147: North Atlantic Organics Ltd. - Product / Service
Exhibit 148: North Atlantic Organics Ltd. - Key offerings
12.14 Ocean Harvest Technology Ltd.
Exhibit 149: Ocean Harvest Technology Ltd. - Overview
Exhibit 150: Ocean Harvest Technology Ltd. - Product / Service
Exhibit 151: Ocean Harvest Technology Ltd. - Key offerings
12.15 Oceans Balance
Exhibit 152: Oceans Balance - Overview
Exhibit 153: Oceans Balance - Product / Service
Exhibit 154: Oceans Balance - Key offerings
12.16 Seakura
Exhibit 155: Seakura - Overview
Exhibit 156: Seakura - Product / Service
Exhibit 157: Seakura - Key offerings
12.17 The Seaweed Co.
Exhibit 158: The Seaweed Co. - Overview
Exhibit 159: The Seaweed Co. - Product / Service
Exhibit 160: The Seaweed Co. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 161: Inclusions checklist
Exhibit 162: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 163: Currency conversion rates for US$
13.4 Research methodology
Exhibit 164: Research methodology
Exhibit 165: Validation techniques employed for market sizing
Exhibit 166: Information sources
13.5 List of abbreviations
Exhibit 167: List of abbreviations