PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1643629
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1643629
The global seaweed protein market is projected to grow from USD 694.2 million in 2024 to USD 1,749.6 million by 2032, reflecting a compound annual growth rate (CAGR) of 12.4% during 2025-2032. This growth is fueled by the rising demand for alternative protein sources that minimize land usage and greenhouse gas emissions, alongside growing awareness of the health benefits of seaweed consumption.
Key Insights
Seaweed cultivation provides a sustainable alternative to traditional animal farming, as it does not require arable land or freshwater and contributes to reducing greenhouse gas emissions.
Seaweed is rich in essential nutrients, making it a valuable addition to health-conscious diets. Its high protein content and nutritional profile appeal to consumers seeking plant-based protein options.
The increasing awareness of the environmental impact of meat production and the advantages of plant-based diets is driving the demand for meat alternatives. Seaweed-based proteins are becoming popular for their sustainability and health benefits.
Countries such as Chile are experiencing significant growth in seaweed cultivation, particularly species like Gracilaria chilensis. This has positively impacted coastal communities and positioned the country as a leading exporter of dehydrated seaweed products.