Published by Persistence MarketResearch
Posted on October 11, 2021
4 min readLast updated: January 29, 2026
The seaweed cultivation market is set to grow over 8% CAGR by 2031, driven by demand for plant-based products. Key regions include North America and Europe.
The global seaweed cultivation market is expected to register growth at a CAGR of over 8% through 2031, and top a valuation of US$ 41 Bn, as per estimates by Persistence Market Research.
Increased utilization of seaweed as a natural thickening and gelling agent, which is beneficial for the production of cheese, creams, desserts, and other products, is driving its demand. Demand for healthy ingredients in the food & beverage industry is surging. This is driving consumption and preference for plant-based food products among consumers.
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Companies are scrambling to acquire certifications that would help in authenticating their products, thereby driving their sales.
Key Takeaways from Market Study
“With high nutritional value, seaweeds are widely used in nutraceuticals, pharmaceuticals, and food. Thus, it would be profitable for seaweed cultivators to offer their products in these end-use industries,” says a Persistence Market Research analyst.
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Competitive Landscape
Companies are investing in research & development activities to come up with new and improved products. They are also concentrating on improving their market penetration across various regions.
Explore More Valuable Insights
Persistence Market Research, in its new report, offers an impartial analysis of the global seaweed cultivation market, presenting historical data (2016-2020) and estimation statistics for the forecast period of 2021-2031.
The study offers compelling insights on the basis of type (red seaweed, green seaweed, and brown seaweed), method of harvesting (aquaculture and wild harvesting), form (flakes, powder, liquid, and sheets), and application (food industry, feed industry, agriculture, pharmaceuticals, and others), across seven major regions of the world.
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The post Sales of Seaweed Cultivation Market to be Significantly Influenced by Rising Consumer Adoption appeared first on Lake Shore Gazette.
The main topic is the growth and trends in the global seaweed cultivation market.
North America, the Middle East and Africa, and Europe show high growth potential.
Covid-19 significantly impacted the market, but recovery is expected as the situation improves.
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