Global Commercial Seaweed Market Size & Outlook, 2022-2030
Global commercial seaweed market, 2018-2030 (US$M)
Related Markets
Global commercial seaweed market highlights
- The global commercial seaweed market generated a revenue of USD 10,089.6 million in 2022 and is expected to reach USD 12,144.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 2.3% by 2030.
- In terms of segment, brown seaweeds accounted for a revenue of USD 4,939.3 million in 2022.
- Red seaweeds is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Japan is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 10,089.6 million |
| Market revenue in 2030 | USD 12,144.9 million |
| Growth rate | 2.3% (CAGR from 2022 to 2030) |
| Largest segment | Brown seaweeds |
| Fastest growing segment | Red seaweeds |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Brown seaweeds, Red seaweeds, Green seaweeds |
Other key industry trends
- In terms of revenue, the North America accounted for 0.6% of the global commercial seaweed market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Japan is the fastest growing regional market and is projected to reach USD 134.9 million by 2030.
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Commercial Seaweed Market Scope
Commercial Seaweed Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global commercial seaweed market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to commercial seaweed market will help companies and investors design strategic landscapes.
Brown seaweeds was the largest segment with a revenue share of 48.95% in 2022. Horizon Databook has segmented the Global commercial seaweed market based on brown seaweeds, red seaweeds, green seaweeds covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Commercial Seaweed Product Outlook (Revenue, USD Million, 2018-2030)
- Brown seaweeds
- Red seaweeds
- Green seaweeds
- Global Commercial Seaweed Application Outlook (Revenue, USD Million, 2018-2030)
- Agriculture
- Animal Feed
- Human Consumption
- Others
- Global Commercial Seaweed Form Outlook (Revenue, USD Million, 2018-2030)
- Leaf
- Powdered
- Flakes
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Horizon Databook provides a detailed overview of global-level data and insights on the Global commercial seaweed market , including forecasts for subscribers. This global databook contains high-level insights into Global commercial seaweed market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global commercial seaweed market size, by region, 2018-2030 (US$M)
Top 10 countries: Commercial seaweed market size, 2022 (US$M)
Global commercial seaweed market share, by product, 2022 & 2030 (%, US$M)
Commercial seaweed market: Opportunity assessment by country
Global commercial seaweed market, by region, 2022 (US$M)
Related regional statistics
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