Seaweed Extracts Market Report 2025

This Seaweed Extracts Market report delivers an in-depth analysis of the market’s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major regions and leading countries, highlighting historical data and future growth projections. The report also examines the competitive landscape, market share insights, emerging trends, and strategic developments shaping the market.

The seaweed extracts market size has grown strongly in recent years. It will grow from $2.44 billion in 2024 to $2.6 billion in 2025 at a compound annual growth rate (CAGR) of 6.7% The growth in the historic period can be attributed to the rising demand for natural and organic products, growing awareness of the health benefits of seaweed, increased investment in marine biotechnology, expanding use in the food and beverage industry, and a greater focus on functional foods.

The seaweed extracts market size is expected to see strong growth in the next few years. It will grow to $3.35 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to the increasing demand for sustainable and eco-friendly ingredients, the rising adoption of seaweed-based products in cosmetics and personal care, the growing trend toward plant-based diets, increasing interest in plant-based nutritional supplements, and the rising demand for biofuels. Key trends include the integration of biotechnology, the adoption of sustainable practices, advancements in extraction technologies, innovations in product formulations, and developments in seaweed cultivation methods.

The increasing demand for biofuels is expected to drive the growth of the seaweed extracts market. Biofuels are renewable energy sources derived from organic materials such as plants, algae, or animal waste, serving as environmentally friendly alternatives to fossil fuels. The rising demand for biofuels is fueled by government policies mandating the use of renewable fuels to reduce greenhouse gas emissions, along with technological advancements that have improved production efficiency and sustainability. Seaweed extracts contribute to biofuel production by offering a sustainable, high-yield feedstock rich in carbohydrates, which can be efficiently converted into bioethanol and biogas, supporting the renewable energy sector. For example, in May 2022, The International Energy Agency (IEA), a France-based intergovernmental organization, projected that biofuel demand would increase by 38 billion liters between 2023 and 2028, nearly 30% higher than the previous five years. By 2028, biofuel demand is expected to grow by 23%, reaching 200 billion liters. Consequently, the rising demand for biofuels is driving the expansion of the seaweed extracts market.

Leading companies in the seaweed extracts market are focusing on innovative plant-based solutions to meet the increasing demand for sustainable and eco-friendly agricultural inputs. Plant-based solutions utilize natural ingredients derived from plants, offering sustainable alternatives to synthetic or animal-based components across industries such as agriculture, cosmetics, and food. For instance, in June 2023, Cascadia Seaweed Corporation, a Canada-based manufacturer of seaweed-derived products, partnered with ReFeed Ltd., a Canada-based nutrient upcycling company, to launch its first seaweed-based biostimulant. This biostimulant, enriched with bioactive compounds from sustainably farmed seaweed, enhances plant growth, improves soil health, and boosts nutrient uptake. Its key benefit lies in reducing dependence on synthetic fertilizers, promoting environmentally responsible farming practices.

In March 2023, J. Rettenmaier & Söhne Group, a Germany-based company specializing in fiber and hydrocolloid products, acquired Algaia SA for an undisclosed amount. This acquisition aims to expand JRS Group’s portfolio in sustainable, algae-based solutions and strengthen its presence in the global market for natural, renewable ingredients. Algaia SA, a France-based company, specializes in producing seaweed extracts and hydrocolloids.

Major players in the seaweed extracts market are Cargill Inc., DuPont de Nemours Inc., FMC Corporation, CP Kelco, Acadian Seaplants Limited, Laford Agrotech Limited, Compania Espanola de Algas Marinas S.A, Gelymar S.A., Seasol International Pty Ltd., Grow More Inc., Beijing Leili Marine Bioindustry Inc., Indigrow Ltd., Suboneyo Chemicals Pharmaceuticals (P) Limited, TBK Manufacturing Corporation, Kimica Corporation, Mycsa AG, Aquatic Chemicals, Atharv Chemicals and Fertilizers Pvt. Ltd., Humate (Tianjin) International Limited, Ocean Organics, Tagrow Co. Ltd., Technaflora Plant Products Ltd., Yash Chemicals Ltd., Cascadia Seaweed Corp.

Europe was the largest region in the seaweed extracts market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in seaweed extracts report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the seaweed extracts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Seaweed extracts are bioactive compounds obtained from different species of seaweed through processes such as solvent extraction, hydrolysis, or fermentation. These extracts are rich in essential nutrients, including polysaccharides, proteins, vitamins, minerals, and antioxidants. They are widely used in agriculture as biostimulants to promote plant growth, in the food and beverage industry as natural additives, and in cosmetics for their skin-nourishing benefits.

The primary types of seaweed extracts include red, brown, and green. Red seaweed, known for its distinctive reddish hue, is utilized across various industries such as food, cosmetics, and pharmaceuticals. Seaweed extracts are available in multiple forms, including liquid, powder, and flakes, and are applied in sectors such as food and beverages, agriculture, pharmaceuticals, and other specialized applications.

The seaweed extracts market research report is one of a series of new reports that provides seaweed extracts market statistics, including the seaweed extracts industry global market size, regional shares, competitors with the seaweed extracts market share, detailed seaweed extracts market segments, market trends, and opportunities, and any further data you may need to thrive in the seaweed extracts industry. This seaweed extracts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The seaweed extracts market consists of sales of products including fertilizers, animal feed additives, cosmetics and personal care products, food and beverages and pharmaceuticals. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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