Global Seaweed Snacks Market Size & Outlook, 2019-2027
Global seaweed snacks market, 2016-2027 (US$M)
Related Markets
Global seaweed snacks market highlights
- The global seaweed snacks market generated a revenue of USD 1,481.4 million in 2019 and is expected to reach USD 3,360.4 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 10.8% by 2027.
- In terms of segment, strips & chips accounted for a revenue of USD 799.5 million in 2019.
- Bars 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 2019.
- Country-wise, China is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 1,481.4 million |
| Market revenue in 2027 | USD 3,360.4 million |
| Growth rate | 10.8% (CAGR from 2019 to 2027) |
| Largest segment | Strips & chips |
| Fastest growing segment | Bars |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Strips & Chips, Flakes, Bars |
Other key industry trends
- In terms of revenue, the North America accounted for 25.2% of the global seaweed snacks market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, China is the fastest growing regional market and is projected to reach USD 600.1 million by 2027.
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Seaweed Snacks Market Scope
Seaweed Snacks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global seaweed snacks 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 seaweed snacks market will help companies and investors design strategic landscapes.
Strips & chips was the largest segment with a revenue share of 53.97% in 2019. Horizon Databook has segmented the Global seaweed snacks market based on strips & chips, flakes, bars covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Seaweed Snacks Product Outlook (Revenue, USD Million, 2016-2027)
- Strips & Chips
- Flakes
- Bars
- Others
- Global Seaweed Snacks Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
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Horizon Databook provides a detailed overview of global-level data and insights on the Global seaweed snacks market , including forecasts for subscribers. This global databook contains high-level insights into Global seaweed snacks market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global seaweed snacks market size, by regions, 2016-2027 (US$M)
Top 10 countries: Seaweed snacks market size, 2019 (US$M)
Global seaweed snacks market share, by product, 2019 & 2027 (%, US$M)
Seaweed snacks market: Opportunity assessment by country
Global seaweed snacks market, by region, 2019 (US$M)
| Product | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 269.9 | 299.7 | 333.9 | 372.7 | 420.2 | 456.4 | 505.8 | 562.0 | 626.2 | 698.3 | 781.5 | 877.7 | 11.3% |
| Europe | 196.1 | 217.6 | 242.3 | 270.3 | 304.5 | 330.5 | 366.0 | 406.5 | 452.6 | 504.4 | 564.2 | 633.3 | 11.2% |
| Asia Pacific | 567.0 | 624.3 | 689.6 | 763.4 | 853.4 | 919.1 | 1,010.0 | 1,112.9 | 1,229.7 | 1,359.8 | 1,509.2 | 1,680.9 | 10.4% |
| Latin America | 33.6 | 37.0 | 41.0 | 45.5 | 51.0 | 55.0 | 60.5 | 66.9 | 74.0 | 82.0 | 91.2 | 101.8 | 10.6% |
| MEA | 21.7 | 24.0 | 26.6 | 29.5 | 33.1 | 35.8 | 39.4 | 43.6 | 48.3 | 53.6 | 59.7 | 66.7 | 10.7% |
| Overall | 1,088.3 | 1,202.6 | 1,333.2 | 1,481.4 | 1,662.1 | 1,796.7 | 1,981.8 | 2,191.8 | 2,430.8 | 2,698.2 | 3,005.8 | 3,360.4 | 10.8% |
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