| Product Code: ETC5012253 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Canada`s commercial seaweed market witnessed a 3.76% growth in imports from 2023 to 2024, with a compound annual growth rate (CAGR) of 8.68% from 2020 to 2024. This import momentum can be attributed to a steady demand shift towards sustainable and nutritious food sources, reflecting market stability amidst evolving consumer preferences.
The commercial seaweed market in Canada is expanding, driven by the rising demand for seaweed in various industries, including food, pharmaceuticals, and cosmetics. Seaweed is valued for its nutritional properties and its applications as a natural thickening agent and source of bioactive compounds. Government support for sustainable aquaculture, coupled with the growing consumer interest in plant-based products, is driving the market growth.
The commercial seaweed market in Canada is growing due to the increasing use of seaweed in food products, cosmetics, and pharmaceuticals. Seaweed is valued for its nutritional benefits and functional properties, making it a popular ingredient in various applications. The rise in consumer awareness about health and sustainability is driving the demand for seaweed-based products.
Challenges in Canadas commercial seaweed market include the high costs of cultivation and harvesting, as well as the need to meet regulatory standards for food safety and environmental impact.
Government policies impacting the commercial seaweed market in Canada focus on environmental regulations, sustainable harvesting practices, and food safety. Regulations under the Canadian Environmental Protection Act (CEPA) ensure that seaweed harvesting and processing meet environmental and safety standards. Policies promoting sustainable aquaculture and seafood sourcing drive demand for commercial seaweed products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Commercial Seaweed Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Commercial Seaweed Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Commercial Seaweed Market - Industry Life Cycle |
3.4 Canada Commercial Seaweed Market - Porter's Five Forces |
3.5 Canada Commercial Seaweed Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Canada Commercial Seaweed Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Canada Commercial Seaweed Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Canada Commercial Seaweed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of seaweed consumption |
4.2.2 Growing demand for natural and organic food products in Canada |
4.2.3 Rise in research and development activities for discovering new applications of seaweed in various industries |
4.3 Market Restraints |
4.3.1 Seasonal variations in seaweed availability and harvest |
4.3.2 Regulatory challenges related to seaweed cultivation and processing |
4.3.3 Competition from substitute products in the food and pharmaceutical industries |
5 Canada Commercial Seaweed Market Trends |
6 Canada Commercial Seaweed Market Segmentations |
6.1 Canada Commercial Seaweed Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Canada Commercial Seaweed Market Revenues & Volume, By Brown seaweeds, 2021-2031F |
6.1.3 Canada Commercial Seaweed Market Revenues & Volume, By Red seaweeds, 2021-2031F |
6.1.4 Canada Commercial Seaweed Market Revenues & Volume, By Green seaweeds, 2021-2031F |
6.2 Canada Commercial Seaweed Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Commercial Seaweed Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Canada Commercial Seaweed Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.4 Canada Commercial Seaweed Market Revenues & Volume, By Human Consumption, 2021-2031F |
6.2.5 Canada Commercial Seaweed Market Revenues & Volume, By Others, 2021-2031F |
6.3 Canada Commercial Seaweed Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Canada Commercial Seaweed Market Revenues & Volume, By Liquid, 2021-2031F |
6.3.3 Canada Commercial Seaweed Market Revenues & Volume, By Powdered, 2021-2031F |
6.3.4 Canada Commercial Seaweed Market Revenues & Volume, By Flakes, 2021-2031F |
7 Canada Commercial Seaweed Market Import-Export Trade Statistics |
7.1 Canada Commercial Seaweed Market Export to Major Countries |
7.2 Canada Commercial Seaweed Market Imports from Major Countries |
8 Canada Commercial Seaweed Market Key Performance Indicators |
8.1 Average selling price of commercial seaweed products |
8.2 Number of new product launches incorporating seaweed |
8.3 Investment in seaweed cultivation infrastructure and technology |
8.4 Number of partnerships and collaborations in the seaweed industry |
8.5 Consumer sentiment and perception towards seaweed products |
9 Canada Commercial Seaweed Market - Opportunity Assessment |
9.1 Canada Commercial Seaweed Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Canada Commercial Seaweed Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Canada Commercial Seaweed Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Canada Commercial Seaweed Market - Competitive Landscape |
10.1 Canada Commercial Seaweed Market Revenue Share, By Companies, 2024 |
10.2 Canada Commercial Seaweed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |