Seaweed Extracts Market
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The global seaweed extracts market size reached USD 1.7 billion in 2024. The market is expected to grow from USD 1.7 billion in 2025 to USD 2.5 billion in 2034, at a CAGR of 4% due to the rising demand of organic, sustainable, and bio-based products across food, pharmaceuticals, and other industries.
The seaweed extract is organic concentrate which is mined from marine plants. These extracts are rich in minor elements and natural growth hormones and trace elements the phyto stimulatory properties of sea wood enhances the growth of plants and enhance the defence response to pests, diseases, and etc. Seaweed has around sixty trace minerals and ready to use nutrients including nitrogen, potassium, phosphate, alginic acid & magnesium.
Report Attribute | Details |
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Base Year: | 2024 |
Seaweed Extracts Market size in 2024: | USD 1.7 Billion |
Forecast Period: | 2025 - 2034 |
Forecast Period 2023 - 2032 CAGR: | 4 |
2023 Value Projection: | USD 2.5 Billion |
Historical Data for: | 2021 - 2024 |
No of Pages: | 263 |
Tables, Charts & Figures: | 210 |
Segments Covered: | Product, Application, Seaweed Source, and Region |
Growth Drivers: |
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Pitfalls Challenges: |
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In food & beverage industry sea weed extract are used for thickeners and emulsifiers to enhance the texture and shelf life. The anti-inflammatory and antioxidant properties of seaweed extracts are contributing the demand for personal care and cosmetics applications. As majority of the customers are shifting towards clean labels and organic products seaweed extracts are gaining attraction due to its versatility and health benefits.
Seawood extracts are gaining momentum due to increase in crop production as it’s a natural soil conditioner & proven supplement to fertilizers. The seaweed extracts are available in soluble powder or flakes which acts as chelator, improving the plant’s mineral nutrient utilization and improving soil structure and aeration.
Rising Demand in Sustainable Agriculture: The increased availability of seaweed extracts in sustainable agriculture is a result of both their natural origin and bio-stimulant characteristics. Farmers have been increasingly adopting seaweed-based products to enhance crop yield, stress tolerance, and soil health without the use of synthetic chemicals. There has been a rise in awareness surrounding organic farming and eco-friendly farm inputs.
Given the awareness, regulatory support in major regions, such as Europe and North America, has begun to expand. While demand continues from consumers for organic produce, the reduced need for chemicals or chemical runoff is a motivating factor for farmers. Advancement in the extraction techniques and formulations of seaweed is increasingly allowing for more tailored end-use products thereby making them an important component of a future-oriented sustainable farming system.
Expanding Use in Functional Foods and Beverages: With the public seeking natural ingredients with delivery of nutrients, seaweed extracts provide precious nutrients, antioxidants and more little-known bioactive compounds to enhance the health benefits of healthy food and beverage options.
Companies are developing all kinds of products, such as juices, protein bars, supplements and non-dairy substitutes, using seaweed extracts to improve functionality and consumer market appeal. This trend aligns with clean-label and plant-based movements. Research into the health benefits associated with some less-publicised compounds like fucoidan and laminarin support the claims made by companies for immune health, digestion and to reduce inflammation.
Innovation in Cosmetic and Personal Care Applications: Due to rich vitamin, amino acid, and polysaccharide composition, seaweed has been shown to improve skin hydration and skin feel while providing antioxidant protection. The expansion of marine biotechnology allows for a greater number of targeted extraction processes that are able to provide high-purity actives that fit prestige skincare lines. Novel approaches within the beauty industry could facilitate a greater acceptance of ocean-derived ingredients in cosmetics and personal care products, as seaweed extracts are establishing themselves as mainstay, eco-friendly, high-performance products.
On the basis of product, the market is segmented into liquid seaweed extracts, powdered seaweed extracts, flakes and granules, other forms. Liquid seaweed extracts hold a significant share at a valuation of USD 1.2 billion in 2024.
On the basis of application, the seaweed extracts market is segmented into agriculture and horticulture, food & beverages, animal feed, cosmetics & personal care, pharmaceuticals & nutraceuticals, other industrial uses. Agriculture and horticulture hold the market share of 33.1% in 2024 and is expected to grow at a 4.3% of CAGR during the forecast period.
On the basis of seaweed source, the seaweed extracts market is segmented into brown, red, and green. Brown estimated to grasp a value of USD 808.3 million in 2025 and is expected to grow at a 4.6% of CAGR during the forecast period.
The seaweed extracts market is dominated by U.S., which accounted for a revenue of USD 456.1 million of total revenue in 2024.
The global market for seaweed extracts is extremely competitive, with growing demand across a variety of fields like agriculture, food and beverage, cosmetics, and pharmaceuticals. Large global players include Algaia S.A., Cargill, Inc., DuPont de Nemours, Inc., Gelymar S.A., and Roullier Group.
Manufacturer have focus on innovation, sustainable sourcing, and expanding into new geographic areas. In North America and Europe, firms are dealing with mature markets where they are focused on organic certification and environmental sustainability. In the Asia-Pacific it is predominantly focused on production with an abundance of raw materials.
The key competitors of large seaweed extract firms do significant R&D investment to create high performance bio stimulants and functional ingredients, which is valuable given there is a clear trend toward natural and organic products. There also is a growing base of local supplier regional producers in Southeast Asia and Latin America taking advantage of low-cost production and growing local demand.
Strategic partnerships and acquisitions are common for seaweed extract companies as it allows them to develop their product portfolios and expand into new regions. Partnerships with agricultural cooperatives or cosmetic brands allow firms to diversify their portfolio with long-term contracts. The regulatory framework will continue to have an impact on the market. There are policies in place to regulate sustainable agriculture that push users to meet higher quality and traceability standards in producing clean-label products.
Algaia S.A.: Algaia S.A. is a France-based supplier of marine-derived ingredients, with an emphasis on seaweed extracts and hydrocolloids. Algaia operates a world-class R&D facility in Normandy, as well as a processing facility in Lannilis, which is in close proximity to the second largest harvested fresh seaweed biomass of continental European. Algaia's product lines are certified as ISO 9001-2015, FDA, FAMI QS and FSSC 22000 v4, as well as kosher and halal.
Cargill, Inc.: Cargill is an established global player in food and agriculture, and it produces carrageenan and seaweed powders using its Wave Pure products. The products are produced from native seaweed, and the process requires no chemical change so that consumers can identify it simply on the ingredient label. Cargill has carrageenan manufacturing plants in France and the Philippines, and they have access to innovative technological options for extraction, separation, and drying to provide seamless production that meets their quality expectations.
DuPont de Nemours, Inc.: DuPont offers several seaweed-based ingredients, including carrageenans, across food, pharmaceuticals, and personal care products. DuPont is fully committed to sustainability and quality in sourcing and manufacturing, so the seaweed-based ingredient provided by DuPont meets high standards. DuPont is driven by innovation and sustainable sourcing, making it a leader in the world market for seaweed extracts.
Gelymar S.A.: Gelymar S.A. is a Chilean company that specializes in producing seaweed hydrocolloids and processed carrageenan. Gelymar has two manufacturing facilities in Chile and one in Indonesia as well as two applied technology centres and international logistics capability. Gelymar produces all types of carrageenan through various extraction methods from fresh seaweeds gathered along the southern coast of Chile.
Roullier Group: Timac Agro is a solution provider in the agriculture services business which is part of the Rouller group. Timac Agro offers bio-stimulant solutions most of which are from seaweed, to improve plant growth and enhance plant resiliency and promote sustainable agriculture. Timac Agro produced products extracted from seaweed for agricultural use to promote yield and crop quality. Roullier Group is a solution provider with focus on technology innovation and sustainability which supports their position in the global market focused on seaweed extracts.
Market, By Product
Market, By Application
Market, By Seaweed Source
The above information is provided for the following regions and countries:
The market size of seaweed extracts was valued at USD 1.7 billion in 2024 and is expected to reach around USD 2.5 billion by 2034, growing at 4% CAGR through 2034.
The liquid seaweed extracts segment generated over USD 1.2 billion in 2024.
The U.S. market of seaweed extracts was worth over USD 456.1 million in 2024.
Some of the major players in the industry include Acadian Seaplants Limited, Algaia S.A., Cargill, Inc., CP Kelco (a division of J.M. Huber Corporation), DuPont de Nemours, Inc., Gelymar S.A., Qingdao Gather Great Ocean Algae Industry Group, Roullier Group, Seasol International.