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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...
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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.

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.

The most-significant seaweed crop farmed in Chile is , 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 .

P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

Prajneesh Kumar
P&S Intelligence
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