해조 추출물 시장 규모, 점유율, 성장 및 세계 산업 분석 : 유형별, 용도별, 지역별 인사이트 및 예측(2024-2032년)

Growth Factors of seaweed extracts Market

The global seaweed extracts market is entering a high-growth phase driven by rising consumer interest in natural, sustainable, and nutrient-rich ingredients. According to the latest market assessment, the global seaweed extracts market size was valued at USD 1.26 billion in 2024, supported by widespread use across agriculture, nutraceuticals, cosmetics, aquaculture, and food processing. The market is projected to increase to USD 1.41 billion in 2025 as manufacturers boost production capacity to meet the growing demand for plant-based and bioactive ingredients. By 2032, the global market is forecast to reach USD 3.44 billion, expanding at a strong CAGR of 13.60% (2025-2032).

In 2024, Asia Pacific dominated the global market with a 77.78% share, driven by vast seaweed cultivation, established processing industries, and strong traditional consumption across China, Indonesia, Japan, and South Korea. The region remains the world's largest producer and consumer of seaweed-based products.

Market Dynamics

Market Drivers

A major driver of market growth is the rising demand for advanced nutraceuticals. Seaweed extracts are rich in antioxidants, vitamins, minerals, polysaccharides, and anti-inflammatory compounds that support immune health and wellness. Increased scientific research in Europe and North America is accelerating interest in functional foods containing alginate, fucoidan, carrageenan, ulvan, laminarin, and agar.

Additionally, growing health consciousness and environmental awareness are boosting global adoption. Seaweeds require minimal land, fertilizers, or freshwater to cultivate, making them one of the world's most sustainable biomass sources. Their ability to sequester carbon and restore marine ecosystems has attracted climate-conscious consumers and industries, driving demand for seaweed-derived extracts.

Market Restraints

A key restraint is the industry's heavy dependence on Asian countries for seaweed cultivation and processing. China, Indonesia, and South Korea collectively dominate global supply, making Europe and North America reliant on imports. Efforts to expand local farming are often restricted by high costs, environmental concerns, and limited coastal farming zones, hindering wider adoption in non-traditional markets.

Market Opportunities

There is significant opportunity in developing new seaweed-based products, particularly in the nutraceutical, cosmetic, and pharmaceutical sectors. The rising prevalence of chronic diseases-including diabetes, cardiovascular disorders, and metabolic syndromes-is increasing interest in bioactive seaweed compounds. For example, studies have shown that fucoidan may help alleviate symptoms of diabetes and inflammation, contributing to the surge in demand for functional health supplements.

Market Trends

One of the most prominent trends is the growing use of naturally sourced ingredients in cosmetic products. Seaweed extracts are valued for their moisturizing, antioxidant, and anti-inflammatory properties. As global cosmetic companies shift toward eco-friendly formulations, collaboration with seaweed extract manufacturers is increasing. Additionally, agriculture is witnessing rapid adoption of seaweed-based biofertilizers and biostimulants as farmers move away from chemical inputs.

Segmentation Analysis

By Source

Brown seaweed accounted for the highest share in 2024. According to FAOSTAT, brown seaweed comprised 47.65% of global seaweed production among the 35.76 million tons cultivated. It is widely used in food, beverages, pharmaceuticals, and agricultural biostimulants.

By Form

The powder segment dominated in 2024, driven by long shelf life, stability, and high bioactive concentration. Powder extracts are widely used in nutraceuticals, agriculture, and feed additives.

Liquid extracts are preferred in certain nutraceutical and cosmetic formulations but face storage challenges.

By Application

The nutraceuticals segment held the highest share in 2024, driven by strong demand for functional foods and dietary supplements.

Agricultural products formed the second-largest segment, supported by rising adoption of seaweed-based fertilizers and biostimulants to enhance soil health and crop performance.

Other applications include cosmetics, animal feed additives, and personal care.

Regional Outlook

Asia Pacific

The region recorded USD 0.98 billion in 2024 and remains the global powerhouse due to large-scale seaweed farming, technological advancements, and extensive industrial use.

Europe

Europe is expanding steadily, driven by its aging population-21% of residents were above 65 years in 2022-and rising demand for dietary supplements containing antioxidant-rich marine ingredients.

North America

Demand is increasing across food, nutraceutical, cosmetics, and agriculture industries. However, limited local production means the region depends heavily on imports, prompting investments in seaweed farming.

South America & Middle East & Africa

These early-stage markets rely largely on imports from China, Norway, Ireland, and Chile. Rising consumer interest provides substantial long-term growth opportunities.

Conclusion

With the market rising from USD 1.26 billion in 2024 to USD 3.44 billion by 2032, seaweed extracts are becoming essential across food, health, agriculture, and cosmetic industries. Growing scientific validation, sustainability benefits, and expanding applications ensure strong global demand over the next decade.

Segmentation By Source

• Brown
• Red
• Others

By Form

• Liquid
• Powder
• Others

By Application

• Nutraceuticals
• Agricultural Products
• Animal Feed Additives
• Cosmetics
• Others

By Region

• North America (By Source, Form, Application, and Country)
  • U.S. (By Form)
  • Canada (By Form)
  • Mexico (By Form)
• Europe (By Source, Form, Application, and Country)
  • U.K. (By Form)
  • Germany (By Form)
  • France (By Form)
  • Spain (By Form)
  • Italy (By Form)
  • Rest of Europe (By Form)
• Asia Pacific (By Source, Form, Application, and Country)
  • China (By Form)
  • India (By Form)
  • Japan (By Form)
  • Australia (By Form)
  • South Korea (By Form)
  • Southeast Asia (By Form)
  • Rest of Asia Pacific (By Form)
• South America (By Source, Form, Application, and Country)
  • Brazil (By Form)
  • Argentina (By Form)
  • Rest of South America (By Form)
• Middle East & Africa (By Source, Form, Application, and Country)
  • UAE (By Form)
  • South Africa (By Form)
  • Rest of MEA (By Form)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities
• 3.4. Market Trends

4. Key Insights

• 4.1. Overview of the Global Related/Parent Market
• 4.2. Regulatory Analysis
• 4.3. Supply Chain Analysis
• 4.4. Industry SWOT Analysis
• 4.5. New Product Launches, By Key Players
• 4.6. Key Industry Developments - Mergers, Acquisitions, and Partnerships
• 4.7. Impact of COVID-19 on the Market

5. Global Seaweed Extracts Market Analysis, Insights and Forecast, 2019-2032

• 5.1. Key Findings / Summary
• 5.2. Market Size Estimates and Forecast
  • 5.2.1. By Source
    • 5.2.1.1. Brown
    • 5.2.1.2. Red
    • 5.2.1.3. Others
  • 5.2.2. By Form
    • 5.2.2.1. Liquid
    • 5.2.2.2. Powder
    • 5.2.2.3. Others
  • 5.2.3. By Application
    • 5.2.3.1. Nutraceuticals
    • 5.2.3.2. Agricultural Products
    • 5.2.3.3. Animal Feed Additives
    • 5.2.3.4. Cosmetics
    • 5.2.3.5. Others
  • 5.2.4. By Region
    • 5.2.4.1. North America
    • 5.2.4.2. Europe
    • 5.2.4.3. Asia Pacific
    • 5.2.4.4. South America
    • 5.2.4.5. Middle East & Africa

6. North America Seaweed Extracts Market Analysis, Insights and Forecast, 2019-2032

• 6.1. Key Findings / Summary
• 6.2. Market Size Estimates and Forecast
  • 6.2.1. By Source
    • 6.2.1.1. Brown
    • 6.2.1.2. Red
    • 6.2.1.3. Others
  • 6.2.2. By Form
    • 6.2.2.1. Liquid
    • 6.2.2.2. Powder
    • 6.2.2.3. Others
  • 6.2.3. By Application
    • 6.2.3.1. Nutraceuticals
    • 6.2.3.2. Agricultural Products
    • 6.2.3.3. Animal Feed Additives
    • 6.2.3.4. Cosmetics
    • 6.2.3.5. Others
  • 6.2.4. By Country
    • 6.2.4.1. U.S
      • 6.2.4.1.1. By Form
        • 6.2.4.1.1.1. Liquid
        • 6.2.4.1.1.2. Powder
        • 6.2.4.1.1.3. Others
    • 6.2.4.2. Canada
      • 6.2.4.2.1. By Form
        • 6.2.4.2.1.1. Liquid
        • 6.2.4.2.1.2. Powder
        • 6.2.4.2.1.3. Others
    • 6.2.4.3. Mexico
      • 6.2.4.3.1. By Form
        • 6.2.4.3.1.1. Liquid
        • 6.2.4.3.1.2. Powder
        • 6.2.4.3.1.3. Others

7. Europe Seaweed Extracts Market Analysis, Insights and Forecast, 2019-2032

• 7.1. Key Findings / Summary
• 7.2. Market Size Estimates and Forecast
  • 7.2.1. By Source
    • 7.2.1.1. Brown
    • 7.2.1.2. Red
    • 7.2.1.3. Others
  • 7.2.2. By Form
    • 7.2.2.1. Liquid
    • 7.2.2.2. Powder
    • 7.2.2.3. Others
  • 7.2.3. By Application
    • 7.2.3.1. Nutraceuticals
    • 7.2.3.2. Agricultural Products
    • 7.2.3.3. Animal Feed Additives
    • 7.2.3.4. Cosmetics
    • 7.2.3.5. Others
  • 7.2.4. By Country
    • 7.2.4.1. Germany
      • 7.2.4.1.1. By Form
        • 7.2.4.1.1.1. Liquid
        • 7.2.4.1.1.2. Powder
        • 7.2.4.1.1.3. Others
    • 7.2.4.2. U.K.
      • 7.2.4.2.1. By Form
        • 7.2.4.2.1.1. Liquid
        • 7.2.4.2.1.2. Powder
        • 7.2.4.2.1.3. Others
    • 7.2.4.3. France
      • 7.2.4.3.1. By Form
        • 7.2.4.3.1.1. Liquid
        • 7.2.4.3.1.2. Powder
        • 7.2.4.3.1.3. Others
    • 7.2.4.4. Spain
      • 7.2.4.4.1. By Form
        • 7.2.4.4.1.1. Liquid
        • 7.2.4.4.1.2. Powder
        • 7.2.4.4.1.3. Others
    • 7.2.4.5. Italy
      • 7.2.4.5.1. By Form
        • 7.2.4.5.1.1. Liquid
        • 7.2.4.5.1.2. Powder
        • 7.2.4.5.1.3. Other
    • 7.2.4.6. Rest of Europe
      • 7.2.4.6.1. By Form
        • 7.2.4.6.1.1. Liquid
        • 7.2.4.6.1.2. Powder
        • 7.2.4.6.1.3. Others

8. Asia Pacific Seaweed Extracts Market Analysis, Insights and Forecast, 2019-2032

• 8.1. Key Findings / Summary
• 8.2. Market Size Estimates and Forecast
  • 8.2.1. By Source
    • 8.2.1.1. Brown
    • 8.2.1.2. Red
    • 8.2.1.3. Others
  • 8.2.2. By Form
    • 8.2.2.1. Liquid
    • 8.2.2.2. Powder
    • 8.2.2.3. Others
  • 8.2.3. By Application
    • 8.2.3.1. Nutraceuticals
    • 8.2.3.2. Agricultural Products
    • 8.2.3.3. Animal Feed Additives
    • 8.2.3.4. Cosmetics
    • 8.2.3.5. Others
  • 8.2.4. By Country
    • 8.2.4.1. China
      • 8.2.4.1.1. By Form
        • 8.2.4.1.1.1. Liquid
        • 8.2.4.1.1.2. Powder
        • 8.2.4.1.1.3. Others
    • 8.2.4.2. India
      • 8.2.4.2.1. By Form
        • 8.2.4.2.1.1. Liquid
        • 8.2.4.2.1.2. Powder
        • 8.2.4.2.1.3. Others
    • 8.2.4.3. Japan
      • 8.2.4.3.1. By Form
        • 8.2.4.3.1.1. Liquid
        • 8.2.4.3.1.2. Powder
        • 8.2.4.3.1.3. Others
    • 8.2.4.4. Australia
      • 8.2.4.4.1. By Form
        • 8.2.4.4.1.1. Liquid
        • 8.2.4.4.1.2. Powder
        • 8.2.4.4.1.3. Others
    • 8.2.4.5. South Korea
      • 8.2.4.5.1. By Form
        • 8.2.4.5.1.1. Liquid
        • 8.2.4.5.1.2. Powder
        • 8.2.4.5.1.3. Others
    • 8.2.4.6. Southeast Asia
      • 8.2.4.6.1. By Form
        • 8.2.4.6.1.1. Liquid
        • 8.2.4.6.1.2. Powder
        • 8.2.4.6.1.3. Others
    • 8.2.4.7. Rest of Asia Pacific
      • 8.2.4.7.1. By Form
        • 8.2.4.7.1.1. Liquid
        • 8.2.4.7.1.2. Powder
        • 8.2.4.7.1.3. Others

9. South America Seaweed Extracts Market Analysis, Insights and Forecast, 2019-2032

• 9.1. Key Findings / Summary
• 9.2. Market Size Estimates and Forecast
  • 9.2.1. By Source
    • 9.2.1.1. Brown
    • 9.2.1.2. Red
    • 9.2.1.3. Others
  • 9.2.2. By Form
    • 9.2.2.1. Liquid
    • 9.2.2.2. Powder
    • 9.2.2.3. Others
  • 9.2.3. By Application
    • 9.2.3.1. Nutraceuticals
    • 9.2.3.2. Agricultural Products
    • 9.2.3.3. Animal Feed Additives
    • 9.2.3.4. Cosmetics
    • 9.2.3.5. Others
  • 9.2.4. By Country
    • 9.2.4.1. Brazil
      • 9.2.4.1.1. By Form
        • 9.2.4.1.1.1. Liquid
        • 9.2.4.1.1.2. Powder
        • 9.2.4.1.1.3. Others
    • 9.2.4.2. Argentina
      • 9.2.4.2.1. By Form
        • 9.2.4.2.1.1. Liquid
        • 9.2.4.2.1.2. Powder
        • 9.2.4.2.1.3. Others
    • 9.2.4.3. Rest of South America
      • 9.2.4.3.1. By Form
        • 9.2.4.3.1.1. Liquid
        • 9.2.4.3.1.2. Powder
        • 9.2.4.3.1.3. Others

10. Middle East & Africa Seaweed Extracts Market Analysis, Insights and Forecast, 2019-2032

• 10.1. Key Findings / Summary
• 10.2. Market Size Estimates and Forecast
  • 10.2.1. By Source
    • 10.2.1.1. Brown
    • 10.2.1.2. Red
    • 10.2.1.3. Others
  • 10.2.2. By Form
    • 10.2.2.1. Liquid
    • 10.2.2.2. Powder
    • 10.2.2.3. Others
  • 10.2.3. By Application
    • 10.2.3.1. Nutraceuticals
    • 10.2.3.2. Agricultural Products
    • 10.2.3.3. Animal Feed Additives
    • 10.2.3.4. Cosmetics
    • 10.2.3.5. Others
  • 10.2.4. By Country
    • 10.2.4.1. South Africa
      • 10.2.4.1.1. By Form
        • 10.2.4.1.1.1. Liquid
        • 10.2.4.1.1.2. Powder
        • 10.2.4.1.1.3. Others
    • 10.2.4.2. UAE
      • 10.2.4.2.1. By Form
        • 10.2.4.2.1.1. Liquid
        • 10.2.4.2.1.2. Powder
        • 10.2.4.2.1.3. Others
    • 10.2.4.3. Rest of Middle East and Africa
      • 10.2.4.3.1. By Form
        • 10.2.4.3.1.1. Liquid
        • 10.2.4.3.1.2. Powder
        • 10.2.4.3.1.3. Others

11. Competitive Matrix

• 11.1. Business Strategies Adopted by Leading Players
• 11.2. Global Seaweed Extract Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2024

12. Company Profiles

• 12.1. Acadian Seaplants Limited
  • 12.1.1. Overview
  • 12.1.2. Description
  • 12.1.3. Application Portfolio
  • 12.1.4. Financials (Data as available in the public domain and/or on paid databases)
  • 12.1.5. Recent Developments
• 12.2. Annie Chun
  • 12.2.1. Overview
  • 12.2.2. Description
  • 12.2.3. Application Portfolio
  • 12.2.4. Financials (Data as available in the public domain and/or on paid databases)
  • 12.2.5. Recent Developments
• 12.3. ALGAIA.
  • 12.3.1. Overview
  • 12.3.2. Description
  • 12.3.3. Application Portfolio
  • 12.3.4. Financials (Data as available in the public domain and/or on paid databases)
  • 12.3.5. Recent Developments
• 12.4. Humate International
  • 12.4.1. Overview
  • 12.4.2. Description
  • 12.4.3. Application Portfolio
  • 12.4.4. Financials (Data as available in the public domain and/or on paid databases)
  • 12.4.5. Recent Developments
• 12.5. Biolchim SpA
  • 12.5.1. Overview
  • 12.5.2. Description
  • 12.5.3. Application Portfolio
  • 12.5.4. Financials (Data as available in the public domain and/or on paid databases)
  • 12.5.5. Recent Developments
• 12.6. Cargill, Incorporated.
  • 12.6.1. Overview
  • 12.6.2. Description
  • 12.6.3. Application Portfolio
  • 12.6.4. Financials (Data as available in the public domain and/or on paid databases)
  • 12.6.5. Recent Developments
• 12.7. ARCHER-DANIELS-MIDLAND COMPANY.
  • 12.7.1. Overview
  • 12.7.2. Description
  • 12.7.3. Application Portfolio
  • 12.7.4. Financials (Data as available in the public domain and/or on paid databases)
  • 12.7.5. Recent Developments
• 12.8. CEAMSA (Compania Espanola de Algas Marinas S.A.).
  • 12.8.1. Overview
  • 12.8.2. Description
  • 12.8.3. Application Portfolio
  • 12.8.4. Financials (Data as available in the public domain and/or on paid databases)
  • 12.8.5. Recent Developments
• 12.9. CP Kelco ApS.
  • 12.9.1. Overview
  • 12.9.2. Description
  • 12.9.3. Application Portfolio
  • 12.9.4. Financials (Data as available in the public domain and/or on paid databases)
  • 12.9.5. Recent Developments
• 12.10. DuPont
  • 12.10.1. Overview
  • 12.10.2. Description
  • 12.10.3. Application Portfolio
  • 12.10.4. Financials (Data as available in the public domain and/or on paid databases)
  • 12.10.5. Recent Developments

13. Strategic Recommendations

14. Appendix