Product Code: ETC220225 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Commercial Seaweed Market is projected to witness mixed growth rate patterns during 2025 to 2029. Beginning strongly at -0.17% in 2025, growth softens to -0.36% in 2029.
In the Asia region, the Commercial Seaweed market in Thailand is projected to expand at a negative growth rate of -0.33% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Thailand commercial seaweed market has been expanding due to the growing interest in seaweed as a nutritious and sustainable food source. Thailand`s coastal areas provide an ideal environment for seaweed cultivation, and the industry has capitalized on this advantage. Seaweed products are used in various applications, including food products, cosmetics, and agricultural supplements. Sustainable harvesting practices and innovative seaweed-based products have driven market growth. Moreover, the rising demand for plant-based and environmentally friendly alternatives in the food and cosmetic industries has further boosted the demand for commercial seaweed in Thailand and abroad.
The Thailand Commercial Seaweed market has seen growth due to the rising demand for seaweed in various industries, including food, pharmaceuticals, and cosmetics. Seaweed is valued for its nutritional content and sustainability. The market`s expansion is fueled by the country`s coastal resources and increased awareness of seaweed`s versatility and eco-friendly attributes.
The Thailand commercial seaweed market faces several challenges. One significant issue is the environmental impact of seaweed farming, including concerns about potential damage to coastal ecosystems. Additionally, there is a need for improved infrastructure and technology to support large-scale seaweed cultivation. Quality control and standardization are also challenges, as ensuring consistent seaweed quality is crucial for market growth. Finally, increasing competition in the global seaweed market poses a threat to Thailand`s market share.
The Thailand Commercial Seaweed Market witnessed a complex impact due to COVID-19. Seaweed is a versatile ingredient used in various industries, including food, cosmetics, and pharmaceuticals. The initial disruptions in the global supply chain affected both the production and distribution of seaweed-based products. While the demand for seaweed as a health food and sustainable resource remained strong, logistical challenges posed hurdles. As the pandemic continued, the market adapted by exploring new avenues such as local sourcing and value addition. The market is expected to rebound post-pandemic, driven by its eco-friendly image and the growing interest in plant-based and sustainable products.
The Thailand Commercial Seaweed Market has witnessed substantial growth in recent years due to increasing consumer awareness of the nutritional benefits of seaweed. One of the leading players in this market is CP Foods, a major agribusiness conglomerate in Thailand. CP Foods has made significant investments in seaweed cultivation and processing. They offer a wide range of seaweed products, including dried seaweed snacks and seaweed-based seasonings. Their commitment to sustainable farming practices and quality control has helped them maintain a strong presence in this market.
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 Thailand Commercial Seaweed Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Commercial Seaweed Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Commercial Seaweed Market - Industry Life Cycle |
3.4 Thailand Commercial Seaweed Market - Porter's Five Forces |
3.5 Thailand Commercial Seaweed Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Commercial Seaweed Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Thailand Commercial Seaweed Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Thailand Commercial Seaweed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of seaweed consumption |
4.2.2 Growing demand for seaweed-based products in the food and pharmaceutical industries |
4.2.3 Favorable government policies supporting the seaweed farming industry in Thailand |
4.3 Market Restraints |
4.3.1 Environmental challenges such as climate change affecting seaweed cultivation |
4.3.2 Competition from other sources of hydrocolloids impacting market growth |
4.3.3 Limited technological advancements in seaweed farming techniques |
5 Thailand Commercial Seaweed Market Trends |
6 Thailand Commercial Seaweed Market, By Types |
6.1 Thailand Commercial Seaweed Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Commercial Seaweed Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Commercial Seaweed Market Revenues & Volume, By Brown seaweeds, 2021-2031F |
6.1.4 Thailand Commercial Seaweed Market Revenues & Volume, By Red seaweeds, 2021-2031F |
6.1.5 Thailand Commercial Seaweed Market Revenues & Volume, By Green seaweeds, 2021-2031F |
6.2 Thailand Commercial Seaweed Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Commercial Seaweed Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Thailand Commercial Seaweed Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.4 Thailand Commercial Seaweed Market Revenues & Volume, By Human Consumption, 2021-2031F |
6.2.5 Thailand Commercial Seaweed Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Commercial Seaweed Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Thailand Commercial Seaweed Market Revenues & Volume, By Liquid, 2021-2031F |
6.3.3 Thailand Commercial Seaweed Market Revenues & Volume, By Powdered, 2021-2031F |
6.3.4 Thailand Commercial Seaweed Market Revenues & Volume, By Flakes, 2021-2031F |
7 Thailand Commercial Seaweed Market Import-Export Trade Statistics |
7.1 Thailand Commercial Seaweed Market Export to Major Countries |
7.2 Thailand Commercial Seaweed Market Imports from Major Countries |
8 Thailand Commercial Seaweed Market Key Performance Indicators |
8.1 Average selling price of commercial seaweed products |
8.2 Number of new product launches in the seaweed market |
8.3 Percentage of seaweed farming area expansion in Thailand |
8.4 Research and development investment in seaweed-based products |
8.5 Sustainability certifications obtained by seaweed farms in Thailand |
9 Thailand Commercial Seaweed Market - Opportunity Assessment |
9.1 Thailand Commercial Seaweed Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Commercial Seaweed Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Thailand Commercial Seaweed Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Thailand Commercial Seaweed Market - Competitive Landscape |
10.1 Thailand Commercial Seaweed Market Revenue Share, By Companies, 2024 |
10.2 Thailand Commercial Seaweed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |