Market Size

The global seaweed protein market size was valued at USD 465.5 million in 2020 and is estimated to reach a value of USD xx million in 2027. The seaweed protein market analysis shows that it will grow with a CAGR of 13.2% over the forecast period of 2021 to 2027.

Market Driver

Rising consumer awareness towards the health benefits of seaweed protein-based products is driving the market growth. Key product segment gaining consumer attraction is red seaweeds including dulse. It is considered as one of the highest protein-based seaweed products. Furthermore, seaweeds is considered as a bioactive peptides that have the ability to prevent cardiovascular diseases and decrease blood pressure level. Blood pressure is one of the growing issues among old age people. As a result of that, seaweed protein consumption is increasing heavily. Consumer prefer to consume natural product over synthetic ingredients. Seaweed protein-based products have large demand in end use application segments including supplements, food, and cosmetics. Many cosmetic manufacturers promote the usage of seaweed protein as it does have many positive effects. The fondness for seaweed protein based products is anticipated to grow as a result of demand for plant proteins, anti-inflammatory agents, natural antioxidants, and others.

Segment Outlook

On the basis of source, the market is segmented into red seaweeds, brown seaweeds. In terms of extraction process, seaweed protein market is bifurcated into conventional method, physical processes, enzymatic hydrolysis, chemical extraction, current method, ultrasound-assisted extraction (UAE), pulsed electric field (PEF), microwave-assisted extraction (MAE). by application, segmentations are food, animal feed & additives, personal care & cosmetics, others. The green seaweed segment expected to grow with a fastest CAGR from 2021 to 2027. In food application seaweed protein category hold for a largest share and it will maintain its dominance in coming years.

Regional Outlook

Seaweed protein market research report provides an in-depth analysis of the industry, incorporating both quantitative and qualitative data. It includes historical, present, and forecast data of the global market for seaweed protein by segment. Furthermore, it provides market size and forecast estimates for five regions, namely Asia Pacific, North America, Europe, Central & South America, Middle East, and Africa for a period of 2015 to 2027. The market for seaweed protein is segmented by region and then by country and segment. It has been estimated that, Asia Pacific expected to grow with a fastest compound annual growth rate in global seaweed protein market. The key countries in this Asia Pacific market include China, Japan, South Korea, Indonesia, and the Philippines. The report analyzes supply and demand-side factors affecting seaweed protein market and then evaluates market dynamics affecting the market in coming years. Qualitative insight available in this report are opportunities, drivers, restraints, and future trends.

Research Methodology

Seaweed protein market report consists of market analysis including both primary and secondary research. Primary research comprises of the interaction between manufacturers, industry experts channel partners, and end users, while the secondary research presents an analytical interpretation of relevant published databases, which contains details like company annual reports, and financial reports, white papers, and purchased databases. For single, team and corporate user license, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an enquiry for the pricing details.

About Us

Market Insight Solutions is a leading market research firm which caters to a diverse portfolio of research campaigns. We are one of the fastest growing research organization led by an extensive team of individuals. Our team has individuals with more than 10 years of experience in diverse research domains. Our strategic insights aim at providing credible and practical solutions to meet the specific requirements of our clients. We offer market studies on basis of facts across cross domains.

Segments covered in the report

Seaweed Protein Market Size and Outlook by Source

• Red seaweeds
  • Eucheuma spp.
  • Gracilaria spp.
  • Porphyra spp.
  • Kappaphycus alvarezii
  • Porphyra tenera
  • Eucheuma denticulatum
• Brown seaweeds
  • Laminaria Japonica
  • Undaria pinnatifida
  • Sargassum fusiforme
  • Green seaweeds
  • Enteromorpha spp.
  • Ulva spp.

Seaweed Protein Market Size and Outlook by Extraction Process

• Chemical extraction
• Conventional method
• Current method
• Enzymatic hydrolysis
• Microwave-assisted extraction (MAE)
• Physical processes
• Pulsed electric field (PEF)
• Ultrasound-assisted extraction (UAE)

Seaweed Protein Market Size and Outlook by Application

• Food
• Animal feed & additives
• Personal care & cosmetics
• Others

Seaweed Protein Market Size and Outlook by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Russia
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Indonesia
  • South Korea
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

Companies Profiled in this Report

• Acadian Seaplants (Canada)
• Algaia (France)
• Algea (Norway)
• Cargill, Incorporated (US)
• CP Kelco U.S., Inc. (US)
• Gelymar (Chile)
• Qingdao Gather Great Ocean Algae Industry Group (China)
• Qingdao Seawin Biotech Group Co. Ltd. (China)
• Seasol (Australia)
• The Seaweed Company (Netherlands)

Actionable Outcomes

Our Seaweed Protein Market Report offers a thorough assessment of estimations and projections on the market dynamics. Further, it helps in the implementation of these results as they show tangible benefits to business stakeholders and industry entities decisions as leaders.

Strategic Planning

Every business needs to understand how their product will grow in the forthcoming years. With the current uncertainness due to the COVID-19 scenario, this analysis becomes significant to understand past disruptions and boost the preparedness for the next steps of decision. We at Market Insight Solutions are trying to break down the complex market for the business leaders through strategic insights and resilience in unpredictable situations.

Highlights of the report:

• COVID-19 impact on Seaweed Protein market size
• Seaweed Protein market size, drifts, drivers and opportunities
• Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
• Seaweed Protein market size in United States
• Understanding the dynamics of the parent market
• Prime fluctuations of the market dynamics
• Evaluation of the market opportunities
• Historical, current, and projected Seaweed Protein market size from the standpoint of both value and volume
• Market segmentation and comprehensive analysis in the second or third level
• Reporting and evaluation of recent industry developments
• Analysis of market share and developments
• Detailed company profiling of leading companies
• Opportunities to newer markets in global and regional markets
• Analyzing the trajectory line of the business
• Analyze Seaweed Protein market share
• Measures to consider for Seaweed Protein market