Product Code: ETC304885 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Seaweed Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 10.58% in 2025, the market peaks at 11.68% in 2026, and settles at 10.83% by 2029.
In the Asia region, the Seaweed market in Thailand is projected to expand at a high growth rate of 10.59% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Thailand Seaweed Market reflects the global trend of increasing awareness of the health benefits of seaweed consumption. Seaweed is used in various culinary applications, such as sushi and salads, and is also valued for its nutritional content. The market has seen steady growth as consumers seek healthier food options and embrace Asian cuisine.
The Thailand Seaweed market is experiencing robust growth due to various factors. Firstly, seaweed is increasingly recognized as a highly nutritious and sustainable food source, appealing to health-conscious consumers. This trend is driving the demand for seaweed-based products, such as snacks, supplements, and condiments. Secondly, Thailand`s favorable coastal geography offers abundant opportunities for seaweed cultivation, making it an attractive venture for both traditional fishermen and commercial producers. The government has also promoted seaweed farming as a sustainable aquaculture activity, providing incentives and support to farmers. Additionally, the export potential of Thai seaweed to international markets has led to increased investment in cultivation and processing infrastructure. Moreover, research and development efforts aimed at diversifying the use of seaweed in various industries, including cosmetics and pharmaceuticals, further contribute to the market`s growth.
The Thailand Seaweed market faces several challenges. Environmental factors like climate change and water pollution can impact seaweed growth and quality. Inconsistent regulations and standards in the aquaculture industry can hinder market growth. Additionally, competition from other countries and the need for sustainable farming practices pose challenges.
The Thailand Seaweed Market faced disruptions during the COVID-19 pandemic. Seaweed is used in various culinary applications, and the closure of restaurants and reduced tourism affected the demand for seaweed products. Export-oriented businesses also experienced difficulties due to international trade disruptions. Nonetheless, the market showed resilience as consumers increasingly sought healthy and sustainable food options. Producers focused on diversifying their product offerings and expanding into new segments like health supplements.
In the Thailand Seaweed market, prominent players include ThaiSeaweeds Co., Ltd., Seaweed Harvesting Innovations, and GreenWave Seaweeds Ltd. These companies are dedicated to sustainable seaweed farming and offer a variety of seaweed products for the food, cosmetics, and agricultural sectors.
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 Seaweed Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Seaweed Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Seaweed Market - Industry Life Cycle |
3.4 Thailand Seaweed Market - Porter's Five Forces |
3.5 Thailand Seaweed Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Seaweed Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Seaweed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Seaweed Market Trends |
6 Thailand Seaweed Market, By Types |
6.1 Thailand Seaweed Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Seaweed Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Seaweed Market Revenues & Volume, By Red, 2021-2031F |
6.1.4 Thailand Seaweed Market Revenues & Volume, By Brown, 2021-2031F |
6.1.5 Thailand Seaweed Market Revenues & Volume, By Green, 2021-2031F |
6.2 Thailand Seaweed Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Seaweed Market Revenues & Volume, By Human Food, 2021-2031F |
6.2.3 Thailand Seaweed Market Revenues & Volume, By Hydrocolloids, 2021-2031F |
6.2.4 Thailand Seaweed Market Revenues & Volume, By Fertilizers, 2021-2031F |
6.2.5 Thailand Seaweed Market Revenues & Volume, By Animal Feed Additives, 2021-2031F |
6.2.6 Thailand Seaweed Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Seaweed Market Import-Export Trade Statistics |
7.1 Thailand Seaweed Market Export to Major Countries |
7.2 Thailand Seaweed Market Imports from Major Countries |
8 Thailand Seaweed Market Key Performance Indicators |
9 Thailand Seaweed Market - Opportunity Assessment |
9.1 Thailand Seaweed Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Seaweed Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Seaweed Market - Competitive Landscape |
10.1 Thailand Seaweed Market Revenue Share, By Companies, 2024 |
10.2 Thailand Seaweed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |