Commercial Seaweeds Market Size, Share, Growth 2033
The global commercial seaweeds market size was valued at USD 23.1 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 45.8 Billion by 2033, exhibiting a CAGR of 7.27% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 90.0% in 2024. The market is driven by the long history of seaweed consumption in countries like China, Japan, and South Korea. Apart from this, the region’s favorable climate and marine conditions make it ideal for large-scale seaweed farming and production. The market is further propelled by the growing trend of vegan and plant-based diets, where seaweed serves as an essential and versatile ingredient. This shift is significantly contributing to the expansion of the commercial seaweeds market share, as seaweed offers a sustainable and nutrient-rich alternative to animal products.
https://www.imarcgroup.com...
The global commercial seaweeds market size was valued at USD 23.1 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 45.8 Billion by 2033, exhibiting a CAGR of 7.27% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 90.0% in 2024. The market is driven by the long history of seaweed consumption in countries like China, Japan, and South Korea. Apart from this, the region’s favorable climate and marine conditions make it ideal for large-scale seaweed farming and production. The market is further propelled by the growing trend of vegan and plant-based diets, where seaweed serves as an essential and versatile ingredient. This shift is significantly contributing to the expansion of the commercial seaweeds market share, as seaweed offers a sustainable and nutrient-rich alternative to animal products.
https://www.imarcgroup.com...
01:07 PM - Apr 07, 2025 (UTC)