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Global Seaweed Snacks Market By Product (Strips & Chips, Flakes, Bars and Other Products), By Distribution Channel (Offline and Online), By Region, Industry Analysis and Forecast, 2020 - 2026

  • ID: 5265950
  • Report
  • February 2021
  • Region: Global
  • 134 pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)

FEATURED COMPANIES

  • Eden Foods, Inc.
  • Gimme Health Foods, Inc.
  • KPOP Foods, Inc.
  • PepsiCo, Inc.
  • SeaSnax
The Global Seaweed Snacks Market size is expected to reach $3 billion by 2026, rising at a market growth of 13.2% CAGR during the forecast period. Seaweed extracts are products used in various sectors like food, agriculture, cosmetics, and pharmaceuticals. The application of these seaweed extracts varies in different industries. The agriculture sector uses seaweed as a component in pesticides, horticulture, and fertilizers. The food industry uses seaweed extract in the making of different snacks because of its health benefits. Seaweed extracts help in reducing the cholesterol level, improving digestion, and weight loss that makes it an important and effective part of dietary food.

The rising adoption of vegan products have been witnessed over the last few years. The growing vegan population around the world is expected to propel the seaweed snacks market during the forecast period. There are many people in countries like Canada, who do not use animal products and demand healthy, clean, and natural seaweed snacks products in the market. Many people in the U.S include animal-free products in their diet to maintain healthy lifestyle. The rising vegan population is estimated to boost the demand for different sources of seaweed snack products. It is anticipated that the demand for products with new ingredients will drive the demand for the global seaweed snacks market.

seaweed-snacks-market-share.jpg

By Product

Based on Product, the market is segmented into Strips & Chips, Flakes, Bars and Other Products. Based on type, the strips & chips category obtained the highest market share in 2019. This category is expected to further grow at a significant growth rate during the forecast period as the key manufacturers of the market have introduced innovative products in order to increase their product portfolio. For example, Ocean’s Halo in January 2017 launched three latest products that include chili lime, dark chocolate strip, organic sushi nori, and Korean BBQ flavored sheets.

seaweed-snacks-market-size.jpg

By Distribution Channel

Based on Distribution Channel, the market is segmented into Offline and Online. The online store segment is expected to record the highest CAGR over the forecast period. The attractive price offers combined with the convenience of shopping from home are propelling the sales of these products through the online platforms. Online platforms like Tesco PLC, Amazon, Sainsbury’s, Asda Stores Ltd., and Instacart are among the main online retailers around the world.

By Region

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. North America is expected to exhibit a prominent CAGR during the forecast years. The rising concerns about health among the consumers along with the increasing cases of obesity have been boosting the growth of the seaweed snacks market in this region. For instance, Taokaenoi Food & Marketing PCL’s subsidiary Nora Snacks introduced a wide variety of seaweed chips in the U.S. The company also unveiled seaweed snacks on Amazon and other online stores.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., CJ CheilJedang Corporation (Annie Chun’s, Inc.), Taokaenoi Food & Marketing PCL, Gimme Health Foods, Inc., KwangCheon Kim Co., Ltd. (Kimnori USA, Inc.), SeaSnax, New Frontier Foods, Inc. (Ocean's Halo), KPOP Foods, Inc., Eden Foods, Inc., and Singha Corporation Co., Ltd. (Boon Rawd Brewery).

Strategies deployed in Seaweed Snacks Market

Mar-2020: Gimme Snacks introduced new Sea Salt & Avocado Oil Roasted Seaweed Snack flavor. This is the new flavor alongside its existing product line of premium USDA Organic, Non-GMO, and Gluten Free products.

Sep-2018: Nora Snacks, a US subsidiary of the Thai seaweed manufacturer Taokaenoi introduced seaweed chips to America. These seaweed chips are launched through Amazon and other online retailers.

Aug-2018: Singha Collaborated with Bar B Q Plaza. The collaboration was focused on introducing new Masita seaweed snack flavour, Grilled Bacon with Bar B Q Plaza Sauce combined with the unique flavour of Bar B Q Plaza’s sauce with fried seaweed.

May-2018: KPOP Foods introduced one-of-a-kind organic, roasted seaweed snack called KPOP Sea Snacks with Packed with flavor and health benefits.

Jan-2018: TaoKaeNoi launched Korean Style Seaweed Snack Range. This range is also available in Crispy Seaweed with Spicy Baby Clam Flavour.

Nov-2017: Taokaenoi Food & Marketing agreed to acquire GIM Factory, Inc., California-incorporated organic seaweed producer. The Acquisition is expected to expand its business in North America and Europe.

Jan-2017: New Frontier Foods expanded its product lines and manufacturing capabilities by launching A first-of-its-kind Dark Chocolate Seaweed Strip, Chile Lime and Korean BBQ Flavors. These products are added to its Seaweed Snack Sheets, Organic Ocean's Halo Sushi Nori.

Scope of the Study

Market Segments covered in the Report:

By Product
  • Strips & Chips
  • Flakes
  • Bars
  • Other Products
By Distribution Channel
  • Offline
  • Online
By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Companies Profiled
  • PepsiCo, Inc.
  • CJ CheilJedang Corporation (Annie Chun’s, Inc.)
  • Taokaenoi Food & Marketing PCL
  • Gimme Health Foods, Inc.
  • KwangCheon Kim Co., Ltd. (Kimnori USA, Inc.)
  • SeaSnax
  • New Frontier Foods, Inc. (Ocean's Halo)
  • KPOP Foods, Inc.
  • Eden Foods, Inc.
  • Singha Corporation Co., Ltd. (Boon Rawd Brewery)
Unique Offerings from the Publisher
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Eden Foods, Inc.
  • Gimme Health Foods, Inc.
  • KPOP Foods, Inc.
  • PepsiCo, Inc.
  • SeaSnax
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Seaweed Snacks Market, by Product
1.4.2 Global Seaweed Snacks Market, by Distribution Channel
1.4.3 Global Seaweed Snack Market, by Geography
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market composition
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Global Seaweed Snacks Market by Product
3.1 Global Strips & Chips Market by Region
3.2 Global Flakes Market by Region
3.3 Global Bars Market by Region
3.4 Global Other Products Market by Region

Chapter 4. Global Seaweed Snacks Market by Distribution Channel
4.1 Global Offline Market by Region
4.2 Global Online Market by Region

Chapter 5. Global Seaweed Snacks Market by Region
5.1 North America Seaweed Snacks Market
5.1.1 North America Seaweed Snacks Market by Product
5.1.1.1 North America Strips & Chips Market by Country
5.1.1.2 North America Flakes Market by Country
5.1.1.3 North America Bars Market by Country
5.1.1.4 North America Other Products Market by Country
5.1.2 North America Seaweed Snacks Market by Distribution Channel
5.1.2.1 North America Offline Market by Country
5.1.2.2 North America Online Market by Country
5.1.3 North America Seaweed Snacks Market by Country
5.1.3.1 US Seaweed Snacks Market
5.1.3.1.1 US Seaweed Snacks Market by Product
5.1.3.1.2 US Seaweed Snacks Market by Distribution Channel
5.1.3.2 Canada Seaweed Snacks Market
5.1.3.2.1 Canada Seaweed Snacks Market by Product
5.1.3.2.2 Canada Seaweed Snacks Market by Distribution Channel
5.1.3.3 Mexico Seaweed Snacks Market
5.1.3.3.1 Mexico Seaweed Snacks Market by Product
5.1.3.3.2 Mexico Seaweed Snacks Market by Distribution Channel
5.1.3.4 Rest of North America Seaweed Snacks Market
5.1.3.4.1 Rest of North America Seaweed Snacks Market by Product
5.1.3.4.2 Rest of North America Seaweed Snacks Market by Distribution Channel
5.2 Europe Seaweed Snacks Market
5.2.1 Europe Seaweed Snacks Market by Product
5.2.1.1 Europe Strips & Chips Market by Country
5.2.1.2 Europe Flakes Market by Country
5.2.1.3 Europe Bars Market by Country
5.2.1.4 Europe Other Products Market by Country
5.2.2 Europe Seaweed Snacks Market by Distribution Channel
5.2.2.1 Europe Offline Market by Country
5.2.2.2 Europe Online Market by Country
5.2.3 Europe Seaweed Snacks Market by Country
5.2.3.1 Germany Seaweed Snacks Market
5.2.3.1.1 Germany Seaweed Snacks Market by Product
5.2.3.1.2 Germany Seaweed Snacks Market by Distribution Channel
5.2.3.2 UK Seaweed Snacks Market
5.2.3.2.1 UK Seaweed Snacks Market by Product
5.2.3.2.2 UK Seaweed Snacks Market by Distribution Channel
5.2.3.3 France Seaweed Snacks Market
5.2.3.3.1 France Seaweed Snacks Market by Product
5.2.3.3.2 France Seaweed Snacks Market by Distribution Channel
5.2.3.4 Russia Seaweed Snacks Market
5.2.3.4.1 Russia Seaweed Snacks Market by Product
5.2.3.4.2 Russia Seaweed Snacks Market by Distribution Channel
5.2.3.5 Spain Seaweed Snacks Market
5.2.3.5.1 Spain Seaweed Snacks Market by Product
5.2.3.5.2 Spain Seaweed Snacks Market by Distribution Channel
5.2.3.6 Italy Seaweed Snacks Market
5.2.3.6.1 Italy Seaweed Snacks Market by Product
5.2.3.6.2 Italy Seaweed Snacks Market by Distribution Channel
5.2.3.7 Rest of Europe Seaweed Snacks Market
5.2.3.7.1 Rest of Europe Seaweed Snacks Market by Product
5.2.3.7.2 Rest of Europe Seaweed Snacks Market by Distribution Channel
5.3 Asia Pacific Seaweed Snacks Market
5.3.1 Asia Pacific Seaweed Snacks Market by Product
5.3.1.1 Asia Pacific Strips & Chips Market by Country
5.3.1.2 Asia Pacific Flakes Market by Country
5.3.1.3 Asia Pacific Bars Market by Country
5.3.1.4 Asia Pacific Other Products Market by Country
5.3.2 Asia Pacific Seaweed Snacks Market by Distribution Channel
5.3.2.1 Asia Pacific Offline Market by Country
5.3.2.2 Asia Pacific Online Market by Country
5.3.3 Asia Pacific Seaweed Snacks Market by Country
5.3.3.1 China Seaweed Snacks Market
5.3.3.1.1 China Seaweed Snacks Market by Product
5.3.3.1.2 China Seaweed Snacks Market by Distribution Channel
5.3.3.2 Japan Seaweed Snacks Market
5.3.3.2.1 Japan Seaweed Snacks Market by Product
5.3.3.2.2 Japan Seaweed Snacks Market by Distribution Channel
5.3.3.3 India Seaweed Snacks Market
5.3.3.3.1 India Seaweed Snacks Market by Product
5.3.3.3.2 India Seaweed Snacks Market by Distribution Channel
5.3.3.4 South Korea Seaweed Snacks Market
5.3.3.4.1 South Korea Seaweed Snacks Market by Product
5.3.3.4.2 South Korea Seaweed Snacks Market by Distribution Channel
5.3.3.5 Singapore Seaweed Snacks Market
5.3.3.5.1 Singapore Seaweed Snacks Market by Product
5.3.3.5.2 Singapore Seaweed Snacks Market by Distribution Channel
5.3.3.6 Malaysia Seaweed Snacks Market
5.3.3.6.1 Malaysia Seaweed Snacks Market by Product
5.3.3.6.2 Malaysia Seaweed Snacks Market by Distribution Channel
5.3.3.7 Rest of Asia Pacific Seaweed Snacks Market
5.3.3.7.1 Rest of Asia Pacific Seaweed Snacks Market by Product
5.3.3.7.2 Rest of Asia Pacific Seaweed Snacks Market by Distribution Channel
5.4 LAMEA Seaweed Snacks Market
5.4.1 LAMEA Seaweed Snacks Market by Product
5.4.1.1 LAMEA Strips & Chips Market by Country
5.4.1.2 LAMEA Flakes Market by Country
5.4.1.3 LAMEA Bars Market by Country
5.4.1.4 LAMEA Other Products Market by Country
5.4.2 LAMEA Seaweed Snacks Market by Distribution Channel
5.4.2.1 LAMEA Offline Market by Country
5.4.2.2 LAMEA Online Market by Country
5.4.3 LAMEA Seaweed Snacks Market by Country
5.4.3.1 Brazil Seaweed Snacks Market
5.4.3.1.1 Brazil Seaweed Snacks Market by Product
5.4.3.1.2 Brazil Seaweed Snacks Market by Distribution Channel
5.4.3.2 Argentina Seaweed Snacks Market
5.4.3.2.1 Argentina Seaweed Snacks Market by Product
5.4.3.2.2 Argentina Seaweed Snacks Market by Distribution Channel
5.4.3.3 UAE Seaweed Snacks Market
5.4.3.3.1 UAE Seaweed Snacks Market by Product
5.4.3.3.2 UAE Seaweed Snacks Market by Distribution Channel
5.4.3.4 Saudi Arabia Seaweed Snacks Market
5.4.3.4.1 Saudi Arabia Seaweed Snacks Market by Product
5.4.3.4.2 Saudi Arabia Seaweed Snacks Market by Distribution Channel
5.4.3.5 South Africa Seaweed Snacks Market
5.4.3.5.1 South Africa Seaweed Snacks Market by Product
5.4.3.5.2 South Africa Seaweed Snacks Market by Distribution Channel
5.4.3.6 Nigeria Seaweed Snacks Market
5.4.3.6.1 Nigeria Seaweed Snacks Market by Product
5.4.3.6.2 Nigeria Seaweed Snacks Market by Distribution Channel
5.4.3.7 Rest of LAMEA Seaweed Snacks Market
5.4.3.7.1 Rest of LAMEA Seaweed Snacks Market by Product
5.4.3.7.2 Rest of LAMEA Seaweed Snacks Market by Distribution Channel

Chapter 6. Company Profiles
6.1 PepsiCo, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional Analysis
6.1.4 Research & Development Expense
6.2 CJ CheilJedang Corporation (Annie Chun's, Inc.)
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Regional Analysis
6.2.4 Recent strategies and developments:
6.2.4.1 Product Launches and Product Expansions:
6.3 Taokaenoi Food & Marketing PCL
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmentation Analysis
6.3.4 Recent strategies and developments:
6.3.4.1 Product Launches and Product Expansions:
6.3.4.2 Acquisition and Mergers:
6.4 Gimme Health Foods, Inc.
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Product Launches and Product Expansions:
6.5 KwangCheon Kim Co., Ltd. (Kimnori USA, Inc.)
6.5.1 Company Overview
6.6 SeaSnax
6.6.1 Company Overview
6.7 New Frontier Foods, Inc. (Ocean's Halo)
6.7.1 Company Overview
6.7.2 Recent strategies and developments:
6.7.2.1 Product Launches and Product Expansions:
6.8 KPOP Foods, Inc.
6.8.1 Company Overview
6.8.2 Recent strategies and developments:
6.8.2.1 Product Launches and Product Expansions:
6.9 Eden Foods, Inc.
6.9.1 Company Overview
6.10. Singha Corporation Co., Ltd. (Boon Rawd Brewery)
6.10.1 Company Overview
6.10.2 Recent strategies and developments:
6.10.2.1 Partnerships, Collaborations, and Agreements:
Note: Product cover images may vary from those shown
  • PepsiCo, Inc.
  • CJ CheilJedang Corporation (Annie Chun’s, Inc.)
  • Taokaenoi Food & Marketing PCL
  • Gimme Health Foods, Inc.
  • KwangCheon Kim Co., Ltd. (Kimnori USA, Inc.)
  • SeaSnax
  • New Frontier Foods, Inc. (Ocean's Halo)
  • KPOP Foods, Inc.
  • Eden Foods, Inc.
  • Singha Corporation Co., Ltd. (Boon Rawd Brewery)
Note: Product cover images may vary from those shown

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