{"id":226198,"date":"2025-04-08T05:21:07","date_gmt":"2025-04-08T05:21:07","guid":{"rendered":"https:\/\/evertise.net\/?p=115644"},"modified":"2025-04-08T05:21:07","modified_gmt":"2025-04-08T05:21:07","slug":"commercial-seaweed-market-drives-growth-with-cargill-dupont-and-gelymar-leading-the-way","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2025\/04\/08\/commercial-seaweed-market-drives-growth-with-cargill-dupont-and-gelymar-leading-the-way\/","title":{"rendered":"Commercial Seaweed Market Drives Growth with Cargill, DuPont, and Gelymar Leading the Way"},"content":{"rendered":"

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\nCommercial Seaweed Market is expected to grow at a CAGR of 8%, is reported by Maximize Market Research<\/strong><\/p>\n

Commercial Seaweed Market<\/a><\/strong>\u00a0is forecasted to reach USD 35.47 Bn by\u20022032. The commercial seaweed market is primarily driven by rising demand for sustainable, plant-based ingredients across food, cosmetics, and pharmaceuticals.<\/p>\n

Market to Hit\u2002USD 35.47<\/strong>\u00a0Bn by 2032<\/strong><\/p>\n

Commercial Seaweed Market was USD 19.16 Bn in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 8% from 2025 to 2032, reaching USD 35.47 Bn by 2032. European commercial seaweed is expected to pass 3.30 billion USD in 2024 and reach\u20023.72 billion USD in 2029, developing at a compounded yearly development pace of 2.41% during this period. Seaweed is harvested globally in excess of 36 million metric tons in 2024, more than 85% of which is derived from aquaculture operations. This demand continues to be driven by rising\u2002application in food (52% of use), agriculture (18% of use), and pharmaceuticals (11% of use). Global demand for seaweeds hydrocolloids\u2002(carrageenan, agar, alginate) exceeded USD 6.2 billion in 2024 and is set to grow at a CAGR of 9.3% between 2024 and 2032. Seaweed\u2019s application in biostimulants has\u2002expanded in parallel with sustainable agriculture megatrends and regulatory shifts favouring organic agriculture, with YoY growth at 15%.<\/p>\n

Get a Free Sample Report:\u00a0https:\/\/www.maximizemarketresearch.com\/request-sample\/26523\/<\/a>\u00a0<\/strong><\/p>\n

Market Segmentation<\/strong><\/p>\n

By Product:<\/strong>\u00a0The product segment consists of: Brown\u2002seaweed accounted for 56.7% of the market. For example, important species of\u2002brown seaweed like Laminaria, Saccharina, and Ascophyllum are cultivated in China, Japan and South Korea. In 2024, production of brown seaweed worldwide remained above 21 million\u2002metric tons and was also the leading contributor to alginate extraction, with a total value of USD 1.8 billion.<\/p>\n

By Form:\u2002<\/strong>In 2024, powdered seaweed held a significant share of 43.2% in the market and finds extensive application in food ingredients, cosmetics, and nutraceuticals. Rising demand\u2002for convenient-to-mix, shelf-stable formulations for beverages, soups, protein mixes, and face masks is projected to drive growth of the powdered segment at a CAGR of 8.6%.<\/p>\n

Market Regional Analysis<\/strong><\/p>\n

Europe,\u00a0<\/strong>commands a 20% share of the global commercial seaweed market and is valued at close to USD 3.8 billion in 2024. France, Ireland, Norway and the UK are reference points for\u2002both consumption and innovation. Brown and red seaweed cultivation for cosmetic, nutraceutical, and functional food applications is dominated\u2002by France and Ireland.<\/p>\n

North America,\u00a0<\/strong>accounts for an increasing share of the global\u2002market about USD 2.5 billion in views in 2024, 13% share \u2013 and has one of the fastest-growing CAGRs of 9.2% in the world. The United States and Canada are the\u2002main contributors in the region. The U.S. has seen increasing consumer interest in seaweed-based snacks, supplements and personal care products, with health and sustainability being top\u2002reasons for purchase.<\/p>\n

Asia Pacific,\u00a0<\/strong>continues to dominate the commercial seaweed market, accounting for approximately 58% of the global share in 2024, with a market size of USD 11.1 billion. Countries like China, Japan, South Korea, Indonesia, and India are at the forefront of seaweed cultivation and processing.<\/p>\n

Market Trends and Development<\/strong><\/p>\n