Pacific Seaweed Extracts Market

The Asia Pacific Seaweed Extracts market size was valued at US$ 478.2 million in 2024 and is projected to reach US$ 682.5 million by 2030, at a CAGR of 6.1% during the forecast period 2024-2030.

Seaweed extracts are natural products derived from various species of seaweed, used in agriculture as biostimulants, in food and beverages as additives, and in cosmetics for their nutritional and functional properties.

The Asia Pacific seaweed extracts market is experiencing steady growth, driven by increasing demand for natural and sustainable products across various industries. China accounts for 35% of the market, followed by Japan at 25% and South Korea at 20%. In 2023, the agriculture sector consumed 45% of total production, with food and beverage applications at 30% and cosmetics at 15%. The market saw a 12% increase in demand for organic certified seaweed extracts. Key players include Qingdao Gather Great Ocean Algae Industry Group (China) and Algea (Norway), collectively holding a 35% market share in the region. The industry is investing in sustainable harvesting practices, with a 18% increase in seaweed cultivation projects in 2023. Challenges include maintaining consistent quality due to environmental factors, leading to a 10% investment in standardization processes. The trend towards plant-based diets has driven a 15% growth in seaweed extracts as food ingredients. The market is benefiting from research into novel applications, with a 20% increase in patents filed for seaweed-based materials in various industries.

Report Includes

Pacific Seaweed Extracts Market is an essential reference for who looks for detailed information on Asia Pacific Seaweed Extracts . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Seaweed Extracts , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

Pacific Seaweed Extracts Market aims to provide a comprehensive presentation of the Asia Pacific Seaweed Extracts , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Seaweed Extracts . Pacific Seaweed Extracts Market contains market size and forecasts of Seaweed Extracts in Asia Pacific, including the following market information:

We surveyed the Seaweed Extracts manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    China

•    India

•    Japan

•    South Korea

•    Australia

•    Thailand

•    Indonesia

by Products type:

•    Powder

•    Liquid

•    Others

by Application:

•    Cosmetics

•    Food and Beverage

key players include: (At least 8-10 companies included)

•    Cargill Incorporated

•    DuPont

•    Ocean Harvest Technology

•    Acadian Seaplants Limited

•    Qingdao Bright Moon Seaweed Group Co., Ltd.

•    CP Kelco

•    Biostadt India Limited

•    SNAP Natural & Alginate Products Pvt. Ltd.

•    AquAgri Processing Pvt. Ltd.

•    Seawin Biotech

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Seaweed Extracts revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)

•    Key companies Seaweed Extracts revenues share in Asia Pacific market, 2023 (%)

•    Key companies Seaweed Extracts sales in Asia Pacific market, 2019-2024 (Estimated),

•    Key companies Seaweed Extracts sales share in Asia Pacific market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Asia Pacific and country-wise market of Seaweed Extracts

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Seaweed Extracts capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Seaweed Extracts manufacturers

•    Seaweed Extracts forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.