PUBLISHER: Meticulous Research | PRODUCT CODE: 1266309
PUBLISHER: Meticulous Research | PRODUCT CODE: 1266309
Europe Seaweed Market by Type (Red Seaweed, Brown Seaweed, Green Seaweed), Form (Dry Form [Powder, Flakes], and Liquid Form), Application (Food and Beverage, Hydrocolloids Extraction, Animal Feed, Agriculture), and Geography - Forecast to 2030
According to the research report titled, 'Europe Seaweed Market by Type (Red Seaweed, Brown Seaweed, Green Seaweed), Form (Dry Form [Powder, Flakes], and Liquid Form), Application (Food and Beverage, Hydrocolloids Extraction, Animal Feed, Agriculture), and Geography - Forecast to 2030,' in terms of value, the Europe Seaweed Market is projected to reach $5.65 billion by 2030, at a CAGR of 16.6% from 2023 to 2030. Moreover, in terms of volume, the Europe seaweed market is projected to reach 1,815.25 KT by 2030, at a CAGR of 17.7% from 2023 to 2030. The report provides an in-depth analysis of the Europe seaweed market across eleven major countries, emphasizing the current market trends, market size, and recent developments and providing the forecast till 2030.
Succeeding extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, and challenges. The growth of this market is driven by the rising adoption of plant-based products, increasing consumption of seaweed-based products, and rising government initiatives to boost seaweed cultivation. Seaweed is a rich source of high nutrients and minerals, which further contributes to its increased demand. However, the growing prevalence of natural calamities is expected to restrain the growth of this market to a notable extent. Furthermore, the growing demand for biofuels and technological advancement will provide significant growth opportunities for seaweed manufacturers in the coming years.
Based on type, the red seaweed segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to the growing red seaweed's application in the food industry, considering its unique taste, nutritional benefits, ease of use, and rising health consciousness among consumers. In addition, the increasing demand for red seaweed to extract hydrocolloids such as agar and carrageenan further supports the growth of this market.
Based on application, in 2023, the food and beverage segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is driven by the growing use of seaweed for human consumption, prompted by the rising demand for organic food products and an increase in the consumption of plant-based proteins and vegan products. Moreover, rapid growth in population, increasing awareness of the health benefits of seaweeds, changes in lifestyle and taste preferences among consumers, a shift toward healthy eating habits, and rising disposable income.
An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into the eleven major countries/regions (U.K., France, Germany, Italy, Norway, Spain, Ireland, Netherlands, Denmark, Sweden, and the Rest of Europe (RoE)) and the coverage of major countries in each region. France is projected to register the highest CAGR during the forecast period. The high import volume of seaweed, growing demand for clean label products, and growing food supplements market increase the demand for seaweed in the country.
The key players operating in the Europe seaweed market are Seaweed & Co. (U.K.), Cargill, Incorporated (U.S.), Ocean Rainforest (Denmark), Thorverk Hf (Iceland), ALGAplus (Portugal), MYCSA Ag, Inc. (U.S.), Seaweed Solutions AS (Norway), The Seaweed Company (South Holland), Baoji Earay Bio-Tech Co., Ltd (China), Shore Seaweed (U.K.), and Algae (Part of Valagro Group) (Norway).
Key Questions Answered in the Report-
- What is the current value of revenue generated by the Europe seaweed market?
- At what rate is the Europe seaweed demand projected to grow for the next 5-7 years?
- What are the historical market sizes and growth rates of the Europe seaweed market?
- What are the major factors impacting the growth of this market at the regional levels? What are the major opportunities for existing players and new entrants in the market?
- Which segments in terms of type, form, and application create major traction for the manufacturers in this market?
- What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the Europe seaweed market?
- Who are the major players in the Europe seaweed market? What are their specific product offerings in this market?
- What are the recent strategic developments in the Europe seaweed market? What are the impacts of these strategic developments on the market?
Scope of the Report:
Europe Seaweed Market, by Type
- Red Seaweed
- Brown Seaweed
- Green Seaweed
Europe Seaweed Market, by Form
- Dry Form
- Powder
- Flakes
- Other Forms
- Liquid Form
Europe Seaweed Market, by Application
- Food and Beverage
- Hydrocolloids Extraction
- Animal Feed
- Agriculture
- Other Applications
Europe Seaweed Market, by Region/Country
- U.K.
- France
- Germany
- Italy
- Norway
- Spain
- Ireland
- Netherland
- Denmark
- Sweden
- Rest of Europe (RoE)
TABLE OF CONTENTS
1. Market Definition & Scope
- 1.1. Market Definition
- 1.2. Market Ecosystem
- 1.3. Currency
- 1.4. Key Stakeholders
2. Research Methodology
- 2.1. Research Approach
- 2.2. Process of Data Collection & Validation
- 2.2.1. Secondary Research
- 2.2.2. Primary Research/Interviews with Key Opinion Leaders of The Industry
- 2.3. Market Sizing and Forecast
- 2.3.1. Market Size Estimation Approach
- 2.3.1.1. Bottom-Up Approach
- 2.3.1.2. Top-Down Approach
- 2.3.2. Growth Forecast Approach
- 2.3.1. Market Size Estimation Approach
- 2.4. Assumptions for the Study
- 2.5. Limitations for the Study
3. Executive Summary
- 3.1. Overview
- 3.2. Segment Analysis
- 3.2.1. Europe Seaweed Market-by Type Segment Analysis
- 3.2.2. Europe Seaweed Market-by Form Segment Analysis
- 3.2.3. Europe Seaweed Market-by Application Segment Analysis
- 3.2.4. Europe Seaweed Market Analysis-by Country/Region
- 3.3. Competitive Landscape & Market Competitors
4. Market Insights
- 4.1. Overview
- 4.2. Drivers
- 4.2.1. Rising Consumer Adoption of Plant-Based Products
- 4.2.2. Increasing Consumption of Seaweed-Based Products
- 4.2.3. Source of High Nutrients and Minerals
- 4.2.4. Rising Government Initiatives to Boost Seaweed Cultivation
- 4.3. Restraints
- 4.3.1. Growing Prevalence of Natural Calamities
- 4.4. Opportunities
- 4.4.1. Growing Demand for Biofuels
- 4.4.2. Technological Advancements
- 4.5. Challenges
- 4.5.1. Health Complications Associated with Excess Intake
- 4.6. Trends
- 4.6.1. Growing Focus on Environmental Sustainability
- 4.7. Europe Seaweed Production Analysis
- 4.8. Pricing Analysis
5. Europe Seaweed Market Assessment-by Type
- 5.1. Overview
- 5.2. Red Seaweed
- 5.3. Brown Seaweed
- 5.4. Green Seaweed
6. Europe Seaweed Market Assessment-by Form
- 6.1. Overview
- 6.2. Dry Form
- 6.2.1. Powder
- 6.2.2. Flakes
- 6.2.3. Others
- 6.3. Liquid Form
7. Europe Seaweed Market Assessment-by Application
- 7.1. Overview
- 7.2. Food And Beverage
- 7.3. Hydrocolloids Extraction
- 7.4. Animal Feed
- 7.5. Agriculture
- 7.6. Other Applications
8. Europe Seaweed Market Assessment-by Geography
- 8.1. Overview
- 8.2. U.K.
- 8.3. France
- 8.4. Germany
- 8.5. Italy
- 8.6. Norway
- 8.7. Spain
- 8.8. Ireland
- 8.9. Netherlands
- 8.10. Denmark
- 8.11. Sweden
- 8.12. Rest Of Europe
9. Competitive Analysis
- 9.1. Overview
- 9.2. Competitive Dashboard
- 9.2.1. Industry Leaders
- 9.2.2. Market Differentiators
- 9.2.3. Vanguards
- 9.2.4. Emerging Companies
- 9.3. Vendor Market Positioning
10. Company Profiles
- 10.1. Seaweed & Co.
- 10.2. Cargill, Incorporated
- 10.3. Ocean Rainforest
- 10.4. Thorverk Hf.
- 10.5. Algaplus
- 10.6. Mycsa Ag, Inc.
- 10.7. Seaweed Solutions AS
- 10.8. The Seaweed Company
- 10.9. Baoji Earay Bio-Tech Co., Ltd
- 10.10. Shore Seaweed
- 10.11. Algea (Part of Valagro Group)
11. Appendix
- 11.1. Available Customization
- 11.2. Related Reports
List of Tables
- Table 1 Europe Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 2 Europe Seaweed Market, by Type, 2021-2030 (KT)
- Table 3 Europe Red Seaweed Market, by Country/Region, 2021-2030 (USD Million)
- Table 4 Europe Red Seaweed Market, by Country/Region, 2021-2030 (KT)
- Table 5 Europe Brown Seaweed Market, by Country/Region, 2021-2030 (USD Million)
- Table 6 Europe Brown Seaweed Market, by Country/Region, 2021-2030 (KT)
- Table 7 Europe Green Seaweed Market, by Country/Region, 2021-2030 (USD Million)
- Table 8 Europe Green Seaweed Market, by Country/Region, 2021-2030 (KT)
- Table 9 Europe Seaweed Market, By Form, 2021-2030 (USD Million)
- Table 10 Europe Dry Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 11 Europe Dry Seaweed Market, by Country/Region, 2021-2030 (USD Million)
- Table 12 Europe Seaweed Powder Market, by Country/Region, 2021-2030 (USD Million)
- Table 13 Europe Seaweed Flakes Market, by Country/Region, 2021-2030 (USD Million)
- Table 14 Europe Seaweed Market for Other Dried Form, by Country/Region, 2021-2030 (USD Million)
- Table 15 Europe Liquid Seaweed Market, by Country/Region, 2021-2030 (USD Million)
- Table 16 Europe Seaweed Market, by Application, 2021-2030 (USD Million)
- Table 17 Europe Seaweed Market for Food and Beverage, by Country/Region, 2021-2030 (USD Million)
- Table 18 Europe Seaweed Market for Hydrocolloids Extraction, by Country/Region, 2021-2030 (USD Million)
- Table 19 Europe Seaweed Market for Animal Feed, by Country/Region, 2021-2030 (USD Million)
- Table 20 Europe Seaweed Market for Agriculture, by Country/Region, 2021-2030 (USD Million)
- Table 21 Europe Seaweed Market for Other Applications, by Country/Region, 2021-2030 (USD Million)
- Table 22 Europe: Seaweed Market, by Country/Region, 2021-2030 (USD Million)
- Table 23 Europe: Seaweed Market, by Country/Region, 2021-2030 (KT)
- Table 24 U.K.: Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 25 U.K.: Seaweed Market, by Type, 2021-2030 (KT)
- Table 26 U.K.: Seaweed Market, by Form, 2021-2030 (USD Million)
- Table 27 U.K.: Dry Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 28 U.K.: Seaweed Market, by Application, 2021-2030 (USD Million)
- Table 29 France: Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 30 France: Seaweed Market, by Type, 2021-2030 (KT)
- Table 31 France: Seaweed Market, by Form, 2021-2030 (USD Million)
- Table 32 France: Dry Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 33 France: Seaweed Market, by Application, 2021-2030 (USD Million)
- Table 34 Germany: Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 35 Germany: Seaweed Market, by Type, 2021-2030 (KT)
- Table 36 Germany: Seaweed Market, by Form, 2021-2030 (USD Million)
- Table 37 Germany: Dry Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 38 Germany: Seaweed Market, by Application, 2021-2030 (USD Million)
- Table 39 Italy: Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 40 Italy: Seaweed Market, by Type, 2021-2030 (KT)
- Table 41 Italy: Seaweed Market, by Form, 2021-2030 (USD Million)
- Table 42 Italy: Dry Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 43 Italy: Seaweed Market, by Application, 2021-2030 (USD Million)
- Table 44 Norway: Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 45 Norway: Seaweed Market, by Type, 2021-2030 (KT)
- Table 46 Norway: Seaweed Market, by Form, 2021-2030 (USD Million)
- Table 47 Norway: Dry Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 48 Norway: Seaweed Market, by Application, 2021-2030 (USD Million)
- Table 49 Spain: Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 50 Spain: Seaweed Market, by Type, 2021-2030 (KT)
- Table 51 Spain: Seaweed Market, by Form, 2021-2030 (USD Million)
- Table 52 Spain: Dry Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 53 Spain: Seaweed Market, by Application, 2021-2030 (USD Million)
- Table 54 Ireland: Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 55 Ireland: Seaweed Market, by Type, 2021-2030 (KT)
- Table 56 Ireland: Seaweed Market, by Form, 2021-2030 (USD Million)
- Table 57 Ireland: Dry Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 58 Ireland: Seaweed Market, by Application, 2021-2030 (USD Million)
- Table 59 Netherlands: Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 60 Netherlands: Seaweed Market, by Type, 2021-2030 (KT)
- Table 61 Netherlands: Seaweed Market, by Form, 2021-2030 (USD Million)
- Table 62 Netherlands: Dry Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 63 Netherlands: Seaweed Market, by Application, 2021-2030 (USD Million)
- Table 64 Denmark: Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 65 Denmark: Seaweed Market, by Type, 2021-2030 (KT)
- Table 66 Denmark: Seaweed Market, by Form, 2021-2030 (USD Million)
- Table 67 Denmark: Dry Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 68 Denmark: Seaweed Market, by Application, 2021-2030 (USD Million)
- Table 69 Sweden: Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 70 Sweden: Seaweed Market, by Type, 2021-2030 (KT)
- Table 71 Sweden: Seaweed Market, by Form, 2021-2030 (USD Million)
- Table 72 Sweden: Dry Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 73 Sweden: Seaweed Market, by Application, 2021-2030 (USD Million)
- Table 74 Rest of Europe: Vegetarian Algae and Vegan Algae Consumers Population, by Country, 2020 (In Thousand)
- Table 75 Rest of Europe: Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 76 Rest of Europe: Seaweed Market, by Type, 2021-2030 (KT)
- Table 77 Rest of Europe: Seaweed Market, by Form, 2021-2030 (USD Million)
- Table 78 Rest of Europe: Dry Seaweed Market, by Type, 2021-2030 (USD Million)
- Table 79 Rest of Europe: Seaweed Market, by Application, 2021-2030 (USD Million)
