Brown Commercial Seaweed Market Research Report By Grade (Food Grade, Feed Grade, Industrial Grade), By Application (Food Additives, Fertilizers, Animal Feed, Biofuels, Cosmetics), By Cultivation Technique (Open Ocean Aquaculture, Closed or Recirculating Aquaculture), By Product Form (Fresh, Dry, Powdered, Extracts), By Harvesting Method (Mechanical Harvesting, Manual Harvesting) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032.

Global Brown Commercial Seaweed Market Overview

Brown Commercial Seaweed Market Size was estimated at 8.95 (USD Billion) in 2022. The Brown Commercial Seaweed Industry is expected to grow from 9.29(USD Billion) in 2023 to 13.0 (USD Billion) by 2032. The Brown Commercial Seaweed Market CAGR (growth rate) is expected to be around 3.81% during the forecast period (2023 - 2032).

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Brown Commercial Seaweed Market Trends Highlighted

The brown commercial seaweed market is witnessing significant growth, driven by rising demand for seaweed-based products in the food, pharmaceutical, and cosmetic industries. The increasing popularity of plant-based diets has fueled the demand for seaweed-based food products, which are rich in nutrients and offer various health benefits. The pharmaceutical industry is also recognizing the potential of brown seaweed compounds in the development of new drugs and treatments. Recent trends in the brown commercial seaweed market include the development of innovative extraction technologies that enhance the efficiency and sustainability of seaweed harvesting. 

Additionally, there is a growing interest in the cultivation of brown seaweed species for commercial purposes, which offers greater control over the quality and quantity of the harvested biomass. The brown commercial seaweed market is expected to continue expanding in the coming years, driven by the growing awareness of the health benefits associated with seaweed consumption and the development of new applications in various industries.

Brown Commercial Seaweed Market Drivers

Increasing Demand for Food and Dietary Supplements

The Brown Commercial Seaweed Market Industry is experiencing a surge in demand for food and dietary supplements. Seaweed has a rich nutritional profile, containing essential vitamins, minerals, antioxidants, and fiber. As consumers become more health-conscious and seek natural alternatives to improve their well-being, the demand for seaweed-based products has increased significantly. Specifically, brown seaweed is gaining popularity due to its high concentration of fucoidan, a polysaccharide with potential health benefits such as anti-inflammatory and antiviral properties.As a result, the increasing demand for seaweed in the food and dietary supplement industries is driving the growth of the Brown Commercial Seaweed Market Industry.

Growing Aquaculture and Cultivation Techniques

The Brown Commercial Seaweed Market Industry is benefiting from advancements in aquaculture and cultivation techniques. Seaweed farming has become more efficient and sustainable, leading to increased production and a stable supply of brown seaweed. Technological innovations in cultivation methods have optimized growth conditions, reduced environmental impact, and improved the quality of harvested seaweed. Furthermore, research and development efforts are focused on developing new seaweed species with enhanced nutritional value and specific properties, catering to the growing demand in various industries.

Expansion into Novel Applications and Industries

The Brown Commercial Seaweed Market Industry is expanding into novel applications and industries, creating new growth opportunities. Beyond food and dietary supplements, brown seaweed is finding its way into various sectors such as pharmaceuticals, cosmetics, and agriculture. Its unique properties have attracted attention for use in drug development, skincare products, and fertilizers. The exploration of brown seaweed's potential in these emerging applications is expected to drive demand and contribute to the overall growth of the Brown Commercial Seaweed Market Industry.

Brown Commercial Seaweed Market Segment Insights

Brown Commercial Seaweed Market Grade Insights  

The Brown Commercial Seaweed Market is segmented by Grade into Food Grade, Feed Grade, and Industrial Grade. Among these, the Food Grade segment held the largest market share of 45% in 2023 and is projected to maintain its dominance throughout the forecast period. The growth of the Food Grade segment can be attributed to the increasing demand for seaweed-based food products, such as sushi, salads, and soups. Moreover, the growing popularity of seaweed as a healthy and nutritious food source is driving the demand for Food Grade seaweed. 

The Feed Grade segment is expected to witness significant growth over the forecast period, owing to the increasing use of seaweed as a feed supplement for livestock.Seaweed contains essential nutrients, such as proteins, vitamins, and minerals, which are beneficial for the growth and health of animals. The Industrial Grade segment is projected to grow at a steady pace during the forecast period, driven by the increasing demand for seaweed-based biofuels, fertilizers, and other industrial products. Overall, the Brown Commercial Seaweed Market is expected to grow at a CAGR of 3.81% from 2023 to 2032, with the market valuation reaching USD 13.0 billion by 2032. The growth of the market is attributed to the increasing demand for seaweed-based food, feed, and industrial products.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Brown Commercial Seaweed Market Application Insights  

The application segment of the Brown Commercial Seaweed Market is diverse, with various industries utilizing brown seaweed for its unique properties. In 2023, the food additives segment held the largest market share, valued at around USD 3.15 billion. This segment is driven by the increasing demand for natural and healthy food additives, as brown seaweed is rich in nutrients and antioxidants. 

The fertilizers segment is also expected to witness significant growth, owing to the increasing adoption of organic farming practices and the rising awareness of the benefits of brown seaweed as a natural fertilizer.The animal feed segment is projected to grow steadily, as brown seaweed is a valuable source of protein and other essential nutrients for livestock. Furthermore, the biofuels segment is gaining traction due to the growing demand for sustainable energy sources, and brown seaweed can be used to produce biodiesel. Lastly, the cosmetics segment is expected to witness moderate growth, driven by the increasing use of brown seaweed extracts in skincare and haircare products due to its moisturizing and anti-aging properties.

Brown Commercial Seaweed Market Cultivation Technique Insights  

Open Ocean Aquaculture and Closed or Recirculating Aquaculture are two primary cultivation techniques used in the Brown Commercial Seaweed Market. Open Ocean Aquaculture involves cultivating seaweed in natural seawater bodies like oceans or seas, while Closed or Recirculating Aquaculture involves cultivating seaweed in controlled indoor or outdoor systems. The Brown Commercial Seaweed Market revenue from Open Ocean Aquaculture was valued at 4.23 Billion USD in 2023 and is projected to reach 5.89 Billion USD by 2032, exhibiting a CAGR of 3.61%.On the other hand, the Closed or Recirculating Aquaculture segment accounted for 1.38 Billion USD in 2023 and is anticipated to grow to 1.86 Billion USD by 2032, registering a CAGR of 3.43%. The growth of Open Ocean Aquaculture is primarily attributed to its cost-effectiveness, while Closed or Recirculating Aquaculture offers advantages such as controlled environment and higher productivity, fostering its adoption in regions with limited access to open ocean resources.

Brown Commercial Seaweed Market Product Form Insights  

The Brown Commercial Seaweed Market is segmented by product form into Fresh, Dry, Powdered, and Extracts. The Dry segment held the largest market share in 2023, accounting for over 40% of the market revenue. Over the forecast period, this segment is also expected to grow at the highest CAGR due to the increasing demand for dried seaweed as a food ingredient and its long shelf life. The Powdered segment is also expected to witness significant growth, owing to its use as a food additive, thickener, and stabilizer, as well as in the production of personal care and pharmaceutical products.The Fresh segment is expected to grow at a moderate pace, primarily driven by the rising consumption of fresh seaweed in Asian cuisine. The Extracts segment is projected to grow at the slowest rate, due to the limited applications of seaweed extracts compared to other product forms.

Brown Commercial Seaweed Market Harvesting Method Insights  

The Brown Commercial Seaweed Market is segmented based on Harvesting Method into Mechanical Harvesting and Manual Harvesting. The Mechanical Harvesting segment held the largest market share in 2023 and is expected to maintain its dominance throughout the forecast period. The growth of this segment can be attributed to the increasing adoption of mechanized harvesting techniques, which offer higher efficiency and productivity compared to manual harvesting.  Furthermore, the growing demand for brown commercial seaweed in food, pharmaceutical, and cosmetic industries is further driving the growth of the Mechanical Harvesting segment.By 2032, the Mechanical Harvesting segment is projected to reach a market value of USD 6.5 billion, exhibiting a CAGR of 3.6% during the forecast period. 

The Manual Harvesting segment, on the other hand, is expected to witness a steady growth rate over the forecast period. The segment is primarily driven by the availability of low-cost labor in developing countries, where manual harvesting is still widely practiced. However, the increasing adoption of mechanized harvesting techniques is expected to limit the growth of this segment to some extent.By 2032, the Manual Harvesting segment is projected to reach a market value of USD 2.3 billion, with a CAGR of 2.9% during the forecast period.

Brown Commercial Seaweed Market Regional Insights  

The regional landscape of the Brown Commercial Seaweed Market exhibits significant variations in terms of market size, growth potential, and competitive intensity. North America, with a market value of USD 2.9 billion in 2024, is the dominant regional segment. Factors such as increasing consumer awareness about the health benefits of seaweed, rising demand for plant-based food products, and a well-established food processing industry contribute to the region's leadership. Europe, with a market size of USD 2.4 billion in 2024, is another key region, driven by high demand for seaweed in the pharmaceutical and cosmetics industries.The Asia-Pacific region, projected to reach a market value of USD 4.0 billion by 2024, is expected to witness significant growth due to rising disposable income, growing urbanization, and increasing demand for seaweed-based products in food, beverages, and supplements. South America and the Middle East Africa (MEA) represent emerging markets with relatively smaller market shares but hold promising growth prospects owing to increasing awareness about the benefits of seaweed and expanding applications in various industries.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Brown Commercial Seaweed Market Key Players And Competitive Insights

Major players in Brown Commercial Seaweed Market are focusing on expanding their presence and product portfolio to cater to the growing demand for brown commercial seaweed. The industry is characterized by the presence of both established players and emerging companies, intensifying competition in the market. Leading Brown Commercial Seaweed Market players are investing in research and development to develop innovative products and solutions, while also expanding their distribution channels to reach new markets. The Brown Commercial Seaweed Market landscape is constantly evolving, with new entrants and mergers and acquisitions shaping the competitive landscape.A leading player in the Brown Commercial Seaweed Market industry is Cargill. 

The company is a leader in food, agriculture, and risk management, and has a strong presence in the seaweed industry. Cargill offers a wide range of brown commercial seaweed products, including agar, alginates, and carrageenan, which are used in a variety of food, pharmaceutical, and industrial applications. The company has a network of production facilities and distribution channels, which allows it to serve customers in over 125 countries. Cargill is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact.A key competitor in the Brown Commercial Seaweed Market is CP Kelco. 

The company is a leader in the production of hydrocolloids, including agar, alginates, and carrageenan, which are derived from brown seaweed. CP Kelco has a long history in the seaweed industry and has a strong reputation for quality and innovation. The company has a network of production facilities and distribution channels, which allows it to serve customers in over 100 countries. CP Kelco is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact.

Key Companies in the Brown Commercial Seaweed Market Include

• OceanHarvest Technology Ltd


• FMC Corporation


• Xesto Biosciences, Inc.


• velop AG


• Allseas Marine Products International LLC


• Kelp Blue Ltd


• Mara Seaweed USA Inc.


• Cargill, Incorporated


• Earthocean Farms


• AlaskOmega LLC


• Seaweed Co.


• Corbion


• Aurora Algae, Inc.


• Tate Lyle PLC


• Greenwave Inc.


• Sea6 Energy

Brown Commercial Seaweed Market Industry Developments

The brown commercial seaweed market is projected to reach USD 13.0 billion by 2032, exhibiting a CAGR of 3.81% during the forecast period (2024-2032). Rising demand for seaweed-based products in the food and beverage industry, coupled with increasing awareness about the health benefits of seaweed, is driving market growth. Moreover, the growing popularity of vegan and vegetarian diets is further boosting demand for seaweed as a meat alternative.Recent developments in the market include the launch of new seaweed-based products, such as seaweed pasta and seaweed snacks. Additionally, governments in various countries are investing in research and development to promote the cultivation and utilization of seaweed. For instance, the European Union has launched a project called "Seaweed for Europe" to develop a sustainable seaweed industry in the region.

Brown Commercial Seaweed Market Segmentation Insights

• Brown Commercial Seaweed Market Grade Outlook
  
  
  
  • Food Grade  
  
  
  • Feed Grade  
  
  
  • Industrial Grade  
  
  
  
  


• Brown Commercial Seaweed Market Application Outlook
  
  
  
  • Food Additives  
  
  
  • Fertilizers  
  
  
  • Animal Feed  
  
  
  • Biofuels  
  
  
  • Cosmetics  
  
  
  
  


• Brown Commercial Seaweed Market Cultivation Technique Outlook
  
  
  
  • Open Ocean Aquaculture  
  
  
  • Closed or Recirculating Aquaculture  
  
  
  
  


• Brown Commercial Seaweed Market Product Form Outlook
  
  
  
  • Fresh  
  
  
  • Dry  
  
  
  • Powdered  
  
  
  • Extracts  
  
  
  
  


• Brown Commercial Seaweed Market Harvesting Method Outlook
  
  
  
  • Mechanical Harvesting  
  
  
  • Manual Harvesting  
  
  
  
  


• Brown Commercial Seaweed Market Regional Outlook
  
  
  
  • North America  
  
  
  • Europe  
  
  
  • South America  
  
  
  • Asia Pacific  
  
  
  • Middle East and Africa