How big is the Commercial Seaweed Market?
According to 6Wresearch internal database and industry insights,
Global commercial seaweed market was valued at approximately
USD 16.1 billion in 2024 and is projected to reach
USD 27.4 billion by 2031, growing at a
CAGR of 8.0% during the forecast period.
The market is expanding steadily, supported by the rising demand for plant-based ingredients, advancements in sustainable farming practices, and the growing use of seaweed across food, agriculture, cosmetics, and pharmaceutical industries.
Key Growth Drivers of the Commercial Seaweed Market
- High demand of seaweed in food, cosmetics and pharmaceuticals
- Increasing levels of knowledge about the health and nutritional value of seaweed
- Introduction of farming and ecological yielding methods
- Raising the use of bio-stimulants made of seaweeds in agriculture
- Favorable government policies to seaweed cultivation
Commercial Seaweed Market Trends
The Commercial Seaweed Market is witnessing increased adoption in food, personal care, and agriculture due to its natural, eco-friendly, and nutrient-rich profile. Seaweed-based snacks, thickeners, and supplements are gaining traction in the health and wellness sector. Global food brands are incorporating seaweed as a sustainable alternative to synthetic additives, while the agriculture sector is utilizing seaweed extracts for crop enhancement and soil conditioning.
Emerging Developments in the Commercial Seaweed Market
Bioplastic, packaging materials and seaweed biomass marine biofuels are an innovation of the Commercial Seaweed Market. The firms are spending on offshore growing, genome alteration, and vertical growing to advance productivity. Governments and private sector players are joining hands in developing the commercialization of seaweed, and use it in nutraceuticals, textiles, and in environmental remediation.
Major Companies in the Commercial Seaweed Market
- CP Kelco
- Cargill Incorporated
- Acadian Sea plants Limited
- DuPont de Nemours Inc.
- Irish Seaweeds
- Qingdao Gather Great Ocean Algae Industry Group
- Mara Seaweed
- Ocean Harvest Technology
- ALGAIA S.A.
- The Seaweed Company
How big is the commercial seaweed market : FAQs
The commercial seaweed market was valued at USD 16.1 billion in 2024 and is projected to reach USD 27.4 billion by 2031.
The market is anticipated to grow at a CAGR of 8.0% between 2025 and 2031.
Food, cosmetics, pharmaceuticals, agriculture, and bio-packaging are key contributors in the commercial seaweed segment.
The demand is fueled by its versatility, sustainability, health benefits, and rising use in clean-label and eco-friendly products.
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