U.S. Commercial Seaweed Market Size & Outlook, 2025-2030
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U.S. commercial seaweed market highlights
- The U.S. commercial seaweed market generated a revenue of USD 11.7 million in 2022 and is expected to reach USD 16.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.7% from 2023 to 2030.
- In terms of segment, red seaweeds was the largest revenue generating product in 2022.
- Red seaweeds is the most lucrative product segment registering the fastest growth during the forecast period.
Commercial seaweed market data book summary
| Market revenue in 2022 | USD 11.7 million |
| Market revenue in 2030 | USD 16.9 million |
| Growth rate | 4.7% (CAGR from 2022 to 2030) |
| Largest segment | Red seaweeds |
| Fastest growing segment | Red seaweeds |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Brown seaweeds, Red seaweeds, Green seaweeds |
| Key market players worldwide | Cargill, DuPont de Nemours Inc, CP Kelco, Trevena Inc, Groupe Roullier, Biostadt, Compo, Acadian Seaplants, Gelymar, BRANDT, Seasol International, West Coast Marine-Bio Processing Corp, Bejing Leili, Indigrow |
Other key industry trends
- In terms of revenue, U.S. accounted for 0.1% of the global commercial seaweed market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, Canada commercial seaweed market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 16.9 million by 2030.
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Commercial Seaweed Market Scope
Commercial Seaweed Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Indigrow | View profile | 11-50 | Brimpton, West Berkshire, United Kingdom, Europe | https://www.indigrow.com |
| Bejing Leili | View profile | 101-250 | Haidian, Beijing, China, Asia | http://www.leili.com/ |
| West Coast Marine-Bio Processing Corp | View profile | 1-10 | Vancouver, British Columbia, Canada, North America | http://www.marinebioprocessing.com/ |
| Seasol International | View profile | 11-50 | Bayswater, Victoria, Australia, Oceania | https://www.seasol.com.au |
| BRANDT | View profile | 501-1000 | Springfield, Illinois, United States, North America | http://brandt.co |
| Gelymar | View profile | 251-500 | Providencia, Region Metropolitana, Chile, South America | https://www.gelymar.com |
| Acadian Seaplants | View profile | 251-500 | Dartmouth, Nova Scotia, Canada, North America | http://www.acadianseaplants.com/ |
| Compo | View profile | 11-50 | Cary, North Carolina, United States, North America | https://retail.tools |
| Biostadt | View profile | 501-1000 | Mumbai, Maharashtra, India, Asia | https://www.biostadt.com/ |
| Groupe Roullier | View profile | 5001-10000 | Saint-malo, Bretagne, France, Europe | https://www.roullier.com/fr/ |
| Trevena Inc | View profile | 23 | 955 Chesterbrook Boulevard, Suite 110, Chesterbrook, PA, United States, 19087 | https://www.trevena.com |
| CP Kelco | View profile | 1001-5000 | Atlanta, Georgia, United States, North America | https://www.cpkelco.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
U.S. commercial seaweed market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to commercial seaweed market will help companies and investors design strategic landscapes.
Red seaweeds was the largest segment with a revenue share of 55.56% in 2024. Horizon Databook has segmented the U.S. commercial seaweed market based on brown seaweeds, red seaweeds, green seaweeds covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. population is increasingly becoming health-conscious, thereby driving manufacturers to focus on the production of natural, organic, and gluten-free food items with a label depicting nutrition facts. Manufacturers are, therefore, switching to natural ingredients to meet the rising demand and gain a higher market share.
These factors are expected to fuel the demand for seaweed-based carrageenan as it is often used to thicken, emulsify, and preserve foods and beverages, thereby augmenting the market growth. Furthermore, the U.S. has an extensive presence of large-sized end-use companies in all of the major application industries such as agriculture, animal feed, food & beverage, pharmaceuticals, and others.
The presence of such robust clientele base makes the U.S. a lucrative market for commercial seaweed manufacturers. Moreover, growing consumer inclination toward plant-based personal care, dietary supplement, and food & beverage products owing to the side effects associated with synthetic products is anticipated to drive the market growth in the U.S.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. commercial seaweed market , including forecasts for subscribers. This country databook contains high-level insights into U.S. commercial seaweed market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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US Product - Commercial Seaweed Market size, 2022 - 2030 (US$M)
U.S. Commercial Seaweed Market Outlook Share, 2024 & 2030 (US$M)
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