Seaweed Protein Market Size To Reach $1,397.7 Million by 2030, says P&S Intelligence

In 2021, proteins produced from red seaweeds accounted for an over 70% share in the seaweed protein market. Red seaweeds account for over half of all the seaweed farming practiced globally. Nori, a red seaweed with a protein level of up to 47%, has the highest measured protein content. Humans use red seaweed mostly as a binder in food items and as a bacterial substrate in labs. In 2021, proteins produced from red seaweeds accounted for an over 70% share in the seaweed protein market. Red...

In 2021, proteins produced from red seaweeds accounted for an over 70% share in the seaweed protein market. Red seaweeds account for over half of all the seaweed farming practiced globally. Nori, a red seaweed with a protein level of up to 47%, has the highest measured protein content. Humans use red seaweed mostly as a binder in food items and as a bacterial substrate in labs.

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Key Findings of Seaweed Protein Market Report

Regional Analysis

The utilization of hydrocolloids and seaweeds in APAC accounts for almost 60% of the seaweed protein market share. China has surpassed the U.S. as the leading importer of non-edible and edible seaweed for processing. Similarly, behind China, the Philippines is the world's second-largest supplier of processed and semi-processed carrageenan. Carrageenan exports from the Philippines have surged by more than 40% in the last 10 years.

Browse detailed report on Global Seaweed Protein Market Analysis and Forecast Report 2022-2030

The most-significant seaweed crop farmed in Chile is Gracilaria chilensis, which accounts for 100% of the overall biomass produced by aquaculture. In Chile, seaweed farming has increased by over 400% in the last 10 years. Chile's second-most-exported commodity is dehydrated seaweed products, with more than two-thirds going to China and the remainder to Denmark, Canada, France, Norway, and Japan.

Seaweed Protein Market Segmentation Analysis

By Group

By Extraction Method

By Application

By Region

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