| Product Code: ETC220219 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Hungary`s commercial seaweed market experienced a significant import trend, with a growth rate of 85.38% from 2023 to 2024 and a compound annual growth rate (CAGR) of 50.31% from 2020 to 2024. This remarkable import momentum can be attributed to a notable shift in consumer preferences towards healthier and sustainable food options, driving the demand for seaweed products in the market.
By 2027, the Commercial Seaweed market in Hungary is anticipated to reach a growth rate of 5.02%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

The commercial seaweed market in Hungary is emerging as a lucrative sector driven by the growing awareness of the health benefits and versatile applications of seaweed-derived products. Seaweed is utilized in various industries, including food and beverage, pharmaceuticals, cosmetics, and agriculture. In Hungary, there is increasing interest in seaweed cultivation and processing for applications such as food additives, biofuels, and animal feed supplements. Key players in this market focus on sustainable harvesting practices and innovative seaweed-based product development.
The growing awareness regarding the health benefits of seaweed-based products, such as nutritional value and sustainability, is driving market growth. Additionally, the expanding applications of seaweed in food, pharmaceuticals, and cosmetics sectors are contributing to market expansion.
While the commercial seaweed market in Hungary holds promise due to the growing interest in seaweed-based products for various industries, challenges such as sustainable harvesting practices, market volatility, and limited consumer awareness hinder its growth. Developing efficient harvesting techniques that minimize environmental impact and educating consumers about the benefits of seaweed products are key challenges for stakeholders in this market.
Government policies regarding the commercial seaweed market in Hungary may involve regulations on harvesting practices, environmental conservation, and food safety standards. The government may also promote research and development initiatives to support the sustainable growth of the seaweed industry.
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 Hungary Commercial Seaweed Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Commercial Seaweed Market Revenues & Volume, 2021 & 2028F |
3.3 Hungary Commercial Seaweed Market - Industry Life Cycle |
3.4 Hungary Commercial Seaweed Market - Porter's Five Forces |
3.5 Hungary Commercial Seaweed Market Revenues & Volume Share, By Product, 2021 & 2028F |
3.6 Hungary Commercial Seaweed Market Revenues & Volume Share, By Application, 2021 & 2028F |
3.7 Hungary Commercial Seaweed Market Revenues & Volume Share, By Form, 2021 & 2028F |
4 Hungary 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 ingredients in the food and cosmetic industries |
4.2.3 Favorable government regulations supporting the commercial seaweed industry in Hungary |
4.3 Market Restraints |
4.3.1 Limited availability of skilled labor for seaweed cultivation and processing |
4.3.2 Fluctuating prices of seaweed due to environmental factors such as climate change and pollution |
5 Hungary Commercial Seaweed Market Trends |
6 Hungary Commercial Seaweed Market, By Types |
6.1 Hungary Commercial Seaweed Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Hungary Commercial Seaweed Market Revenues & Volume, By Product, 2018 - 2028F |
6.1.3 Hungary Commercial Seaweed Market Revenues & Volume, By Brown seaweeds, 2018 - 2028F |
6.1.4 Hungary Commercial Seaweed Market Revenues & Volume, By Red seaweeds, 2018 - 2028F |
6.1.5 Hungary Commercial Seaweed Market Revenues & Volume, By Green seaweeds, 2018 - 2028F |
6.2 Hungary Commercial Seaweed Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hungary Commercial Seaweed Market Revenues & Volume, By Agriculture, 2018 - 2028F |
6.2.3 Hungary Commercial Seaweed Market Revenues & Volume, By Animal Feed, 2018 - 2028F |
6.2.4 Hungary Commercial Seaweed Market Revenues & Volume, By Human Consumption, 2018 - 2028F |
6.2.5 Hungary Commercial Seaweed Market Revenues & Volume, By Others, 2018 - 2028F |
6.3 Hungary Commercial Seaweed Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Hungary Commercial Seaweed Market Revenues & Volume, By Liquid, 2018 - 2028F |
6.3.3 Hungary Commercial Seaweed Market Revenues & Volume, By Powdered, 2018 - 2028F |
6.3.4 Hungary Commercial Seaweed Market Revenues & Volume, By Flakes, 2018 - 2028F |
7 Hungary Commercial Seaweed Market Import-Export Trade Statistics |
7.1 Hungary Commercial Seaweed Market Export to Major Countries |
7.2 Hungary Commercial Seaweed Market Imports from Major Countries |
8 Hungary Commercial Seaweed Market Key Performance Indicators |
8.1 Percentage increase in the number of seaweed-based products launched in the Hungarian market |
8.2 Growth in the number of seaweed cultivation farms in Hungary |
8.3 Expansion of seaweed processing facilities in the country |
9 Hungary Commercial Seaweed Market - Opportunity Assessment |
9.1 Hungary Commercial Seaweed Market Opportunity Assessment, By Product, 2021 & 2028F |
9.2 Hungary Commercial Seaweed Market Opportunity Assessment, By Application, 2021 & 2028F |
9.3 Hungary Commercial Seaweed Market Opportunity Assessment, By Form, 2021 & 2028F |
10 Hungary Commercial Seaweed Market - Competitive Landscape |
10.1 Hungary Commercial Seaweed Market Revenue Share, By Companies, 2021 |
10.2 Hungary Commercial Seaweed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |