| Product Code: ETC5213131 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Maldives` seaweed import shipments in 2024 continued to be dominated by top exporters including Japan, China, South Korea, UAE, and Thailand. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a remarkable compound annual growth rate (CAGR) of 27.39% from 2020 to 2024, the industry is showing strong expansion. The growth rate of 8.69% from 2023 to 2024 suggests a steady upward trend in demand for seaweed imports in Maldives, highlighting the significance of these key exporting countries in meeting the country`s seaweed needs.
In the Asia region, the Seaweed market in Maldives is projected to expand at a growing growth rate of 6.65% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

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 Maldives Seaweed Market Overview  | 
3.1 Maldives Country Macro Economic Indicators  | 
3.2 Maldives Seaweed Market Revenues & Volume, 2021 & 2031F  | 
3.3 Maldives Seaweed Market - Industry Life Cycle  | 
3.4 Maldives Seaweed Market - Porter's Five Forces  | 
3.5 Maldives Seaweed Market Revenues & Volume Share, By Product, 2021 & 2031F  | 
3.6 Maldives Seaweed Market Revenues & Volume Share, By Application, 2021 & 2031F  | 
4 Maldives Seaweed Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Growing demand for seaweed products due to their nutritional benefits and versatility in various industries such as food, pharmaceuticals, and cosmetics.  | 
4.2.2 Increasing awareness about the sustainable and eco-friendly nature of seaweed cultivation and harvesting practices.  | 
4.2.3 Favorable government policies supporting the seaweed industry and promoting seaweed farming as a sustainable livelihood option.  | 
4.3 Market Restraints  | 
4.3.1 Environmental challenges such as climate change, ocean pollution, and natural disasters impacting seaweed cultivation and quality.  | 
4.3.2 Lack of infrastructure and technology for efficient seaweed farming and processing in the Maldives.  | 
4.3.3 Competition from other seaweed-producing regions leading to price fluctuations and market saturation.  | 
5 Maldives Seaweed Market Trends  | 
6 Maldives Seaweed Market Segmentations  | 
6.1 Maldives Seaweed Market, By Product  | 
6.1.1 Overview and Analysis  | 
6.1.2 Maldives Seaweed Market Revenues & Volume, By Red, 2021-2031F  | 
6.1.3 Maldives Seaweed Market Revenues & Volume, By Brown, 2021-2031F  | 
6.1.4 Maldives Seaweed Market Revenues & Volume, By Green, 2021-2031F  | 
6.2 Maldives Seaweed Market, By Application  | 
6.2.1 Overview and Analysis  | 
6.2.2 Maldives Seaweed Market Revenues & Volume, By Human Food, 2021-2031F  | 
6.2.3 Maldives Seaweed Market Revenues & Volume, By Hydrocolloids, 2021-2031F  | 
6.2.4 Maldives Seaweed Market Revenues & Volume, By Fertilizers, 2021-2031F  | 
6.2.5 Maldives Seaweed Market Revenues & Volume, By Animal Feed Additives, 2021-2031F  | 
6.2.6 Maldives Seaweed Market Revenues & Volume, By Others, 2021-2031F  | 
7 Maldives Seaweed Market Import-Export Trade Statistics  | 
7.1 Maldives Seaweed Market Export to Major Countries  | 
7.2 Maldives Seaweed Market Imports from Major Countries  | 
8 Maldives Seaweed Market Key Performance Indicators  | 
8.1 Percentage increase in seaweed cultivation area in the Maldives.  | 
8.2 Average yield per hectare of seaweed farms in the Maldives.  | 
8.3 Investment in research and development for new seaweed products and applications.  | 
8.4 Adoption rate of sustainable practices in seaweed cultivation and harvesting.  | 
9 Maldives Seaweed Market - Opportunity Assessment  | 
9.1 Maldives Seaweed Market Opportunity Assessment, By Product, 2021 & 2031F  | 
9.2 Maldives Seaweed Market Opportunity Assessment, By Application, 2021 & 2031F  | 
10 Maldives Seaweed Market - Competitive Landscape  | 
10.1 Maldives Seaweed Market Revenue Share, By Companies, 2024  | 
10.2 Maldives Seaweed Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 13 Disclaimer  |