The global dried seaweed market is expected to be worth approximately USD 14000 million in 2021 and approximately USD 28000 million by 2030, with a compound annual growth rate (CAGR) of approximately 9.10% between 2022 and 2030.
The research looks at the global dried seaweed market drivers, restraints/challenges, and the impact on demand over the forecast period. In addition, the study looks into potential opportunities in the dried seaweed industry.
Dried Seaweed Market: Overview
Seaweed is marine algae and plant that can be found in any body of water, including the ocean, lakes, and rivers. Several seaweed species are microscopic and remain suspended in water columns, providing food for marine food networks. Some are massive and easily seen with the naked eye.
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Water algae include vitamins, fiber, and minerals and are edible. For more than 15 centuries, Japanese culture has used seaweeds for a variety of purposes ranging from medicinal to culinary. Because some types of seaweed have antibacterial and anti-inflammatory effects, they were widely employed in ancient times. Dried seaweed is well-known for its multiple health advantages and is widely consumed.
Dried Seaweed Market: Growth Drivers
Consumer awareness of the benefits of dried seaweed will drive market growth.
Increased awareness of the health benefits of dried seaweed consumption is expected to benefit the global dried seaweed market. Following the impact of Covid-19, more people are looking for ways to improve their immunity and eating habits by incorporating vitamins, minerals, fiber, and other nutrients into their daily diet. In addition, there is a growing preference for plant-based diets over animal products.
These considerations have prompted studies into the specific health benefits of dried seaweed and other non-animal plants. Customers are becoming more interested in seaweed because it is an excellent source of protein, carbohydrates, and minerals, which is a rare combination in single animal meat. Diabetic patients should eat fiber-rich foods, and seaweed may help with the disease. A 2018 rat study discovered that a specific type of seaweed can help treat type 2 diabetes. However, more research on the subject is required.
Dried Seaweed Market: Segmentation
The dried seaweed market is divided into end-users, applications, types, and regions.
Humans and animals are the global end-user market segments. Despite the fact that humans dominate the sector, 1 tablespoon of dried seaweed can be used to make dog food.
Food, medicine, skincare, anti-pollutants, and other applications comprise the global market. According to The Fish Site, over 9 billion pieces of dried seaweed are consumed in Japan each year.
Kombu, wakame, dulse, nori, kelp, and other seaweeds are among the global market segments. The segment is led by Nori. A total of 295.9 square meters of Japanese coastal waters are available for the production of 3,50,000 tonnes of nori.
Dried Seaweed Market: Regional Analysis
Asia-Pacific will have the highest market capitalization throughout the forecast period.
Because it already has a stronghold on densely populated countries such as Japan, India, and China, Asia-Pacific is expected to dominate the global dried seaweed market. Many people in the region consume marine algae, particularly in Japan, the Republic of Korea, and China. These three countries are widely acknowledged as the world’s top seaweed consumers, particularly in the food sector.
Dried Seaweed Market: Competitive Analysis
The global dried seaweed market is dominated by players like Marcel Carrageenan, Seaweed Solutions AS, Green Ocean Farming, AtSeNova, Nantong Xinlang Seaweed & Foods Co., Ltd,
Beijing Leili Agricultural Co., and Organic Irish Seaweed-Emerald Isle
The global dried seaweed market is segmented as follows:
By End Users Humans Animal By Application Food Medicine Skincare Anti-Pollutants Others By Type Kombu Wakame Dulse Nori Kelp Others By Region North America The U.S. Canada Europe France The UK Spain Germany Italy Rest of Europe Asia Pacific China Japan India South Korea Southeast Asia Rest of Asia Pacific Latin America Brazil Mexico Rest of Latin America Middle East & Africa GCC South Africa Rest of Middle East & Africa
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