United States Commercial-Grade Seaweed Farming Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 3.4 Billion by 2030, growing at a CAGR of 11.4% from 2024 to 2030.
The US Commercial-Grade Seaweed Farming Market is experiencing significant growth due to the increasing demand for sustainable agricultural practices and the various industrial applications of seaweed. As one of the fastest-growing sectors within the agricultural industry, seaweed farming is seen as a viable solution to address both environmental and economic challenges. Commercial-grade seaweed farming has found widespread usage in industries ranging from food and cosmetics to pharmaceuticals and biofuels.
The primary types of seaweed used in the US Commercial-Grade Seaweed Farming Market include red, green, and brown seaweed. Each type has its unique properties, catering to different industrial needs. Red seaweed is known for its agar and carrageenan content, making it valuable in food and beverage production, particularly in the manufacture of gelling agents and thickeners. Green seaweed, often rich in fiber, is widely used in nutritional supplements and food additives. Brown seaweed, on the other hand, is high in alginates, which are crucial in the pharmaceutical, cosmetic, and packaging industries due to their ability to create gel-like substances.
Industries require specific qualities from seaweed to meet their needs. For example, the food industry demands seaweed varieties with high nutritional content, particularly those rich in minerals and antioxidants. The cosmetics sector requires seaweed varieties with unique bioactive compounds for their anti-aging and hydrating properties. Pharmaceutical companies are interested in seaweed’s potential for producing bioactive molecules that may aid in developing new medicines. Moreover, biofuel producers are exploring the potential of seaweed as a renewable energy source due to its high carbohydrate content, making it an efficient biofuel feedstock.
The growing focus on sustainability has also driven the demand for commercial-grade seaweed farming. Seaweed farming is environmentally friendly, as it helps reduce ocean acidification, improve water quality, and provide habitat for marine life. With these benefits, seaweed farming represents a critical element in the future of sustainable aquaculture.
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Cargill
Incorporated
DuPont
Groupe Roullier
CP Kelco U.S.
Inc.
Acadian Seaplants
Qingdao Gather Great Ocean Algae Industry Group
Qingdao Seawin Biotech Group Co. Ltd.
Seaweed Energy Solutions AS
The Seaweed Company
Seasol
CEAMSA
COMPO EXPERT
Leili
AtSeaNova
Mara Seaweed
AquAgri Processing Pvt. Ltd.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Commercial-Grade Seaweed Farming Market
Red Seaweeds
Brown Seaweeds
Green Seaweeds
Blue-Green Algae
Marine Water
Freshwater
Brackish Water
Integrated Multi-Trophic Aquaculture (IMTA)
Offshore Farming
Onshore Farming
Raft Cultivation
Longline Cultivation
Food and Beverages
Nutraceuticals
Cosmetics and Personal Care Products
Agricultural Products (Fertilizers, Animal Feed)
Pharmaceuticals
Bioplastics
Hand Harvesting
Mechanical Harvesting
Hydraulic Harvesting
Diversion Techniques
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Commercial-Grade Seaweed Farming Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Commercial-Grade Seaweed Farming Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Commercial-Grade Seaweed Farming Market, By Type
6. US Commercial-Grade Seaweed Farming Market, By Application
7. US Commercial-Grade Seaweed Farming Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Commercial-Grade Seaweed Farming Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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