Kelp Protein Market Outlook (2023 to 2033)

As per the FMI analysis, the global kelp protein market size is anticipated to grow from US$ 21.4 million in 2023 to US$ 47.79 million by 2033. over the next ten years (2023 to 2033), global kelp protein sales are likely to soar at 8.4% CAGR.

Key Trends Listed by Future Market Insights (FMI):

  • Consumers are becoming more aware of the environmental impact of food production and increasingly seeking out sustainable and ethical food choices.
  • Increased innovation in the development of new products and applications will play a significant role in kelp protein.
  • Surging popularity of Plant-based kelp protein is likely to create new opportunities for companies
  • Growing awareness about the benefits of dietary supplements is expected to fuel demand for protein
  • It can be used as a binding agent or emulsifier, making it a useful ingredient in a variety of products, such as plant-based meat alternatives and dairy-free cheeses.
  • Growing healthcare is driving up demand for nutritional supplements and nutraceutical products, which is driving up demand for kelp protein.

The usage of kelp protein is increasing in different sectors like food & beverage, cosmetics, and personal care sectors. As the demand for natural products is increasing in various industries as it has several benefits like Vitamin B1, B2, B12, and B6 in general.

It has a nutritional food that is low in calories and beneficial nutrients such as potassium, iron, calcium, vitamin B12, vitamin A, magnesium, and iodine. It has nutrients based on protein sources that are generally considered to be more complete and have better absorption and muscle-building effects.

Attributes Key Insights
Estimated Global Market Size (2023E) US$ 21.4 million
Projected Market Value (2033F) US$ 47.79 million
Value-based CAGR (2023 to 2033) 8.4%
Top 3 Countries’ Value US$ 18.9 million

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How Has the Market Progressed So Far in 2023?

Market Statistics Details
Jan to Jun (H1), 2021 (A) 7.0%
Jul to Dec (H2), 2021 (A) 7.6%
Jan to Jun (H1), 2022 Projected (P) 8.1%
Jan to Jun (H1), 2022 Outlook (O) 7.9%
Jul to Dec (H2), 2022 Outlook (O) 9.1%
Jul to Dec (H2), 2022 Projected (P) 8.8%
Jan to Jun (H1), 2023 Projected (P) 7.9%
BPS Change: H1, 2022 (O) to H1, 2022 (P) 22
BPS Change: H1, 2022 (O) to H1, 2021 (A) 89
BPS Change: H2, 2022 (O) to H2, 2022 (P) -27
BPS Change: H2, 2022 (O) to H2, 2022 (A) 152

2018 to 2022 Global Kelp Protein Sales Outlook Compared to Demand Forecast from 2023 to 2033

FMI analysis found that from 2018 to 2022, global sales of kelp protein increased at a CAGR of 9.0%, and The global market is anticipated to grow at an 8.4% CAGR over the following ten years.

The demand for vegan and vegetarian alternative proteins is increasing with the enormous expansion in the market. Nuts, seeds, tofu, quinoa, and tempeh are some of the vegan alternative proteins available in the market.

Additionally, consumer health awareness about dairy and animal food products is rising. As the knowledge about seaweeds. expanding seaweed protein applications for animals is expected to drive the worldwide protein market in the forecasted years. Furthermore, the use of seaweed proteins increasing. As it helps to lose weight it has a significant effect on market growth. Consumers are moving towards a healthier lifestyle that includes high-nutrient, low-sugar foods and low-fat which drives the protein market.

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Adjacent Markets Overview

Plant-Based Protein Market:

Attributes Plant-Based Protein Market
CAGR (2023 to 2033) 7.2%
Market Value (2033) US$ 23,400 million
Growth Factor Rising consumer inclination towards plant-based foods has brought markets like the plant-based proteins market and plant-based protein foods market into the spotlight.
Opportunity Urbanization in developing regions has led to a rise in economic standards and changing consumer preferences in favor of healthy food products.
Key Trends Pea protein has been gaining popularity in recent years as a sustainable and healthy source of protein. due to its plant-based origins.

Algae Protein Market:

Attributes Algae Protein Market
CAGR (2023 to 2033) 6.0%
Market Value (2033) US$ 780.9 million
Growth Factor Microalgae protein health benefits, such as the ability to strengthen the immune system and enhance dietary intake.
Opportunity The surge in government initiatives to encourage the production of algae products.
Key Trends Increasing the use of algae proteins to reduce the risk of certain diseases. Escalating the traction for peptides in recent years for treating patients with metabolic disorders, in the aging population.

Seaweed Protein Market:

Attributes Seaweed Protein Market
CAGR (2023 to 2033) 12%
Market Value (2033) US$ 5,800 million
Growth Factor Rising consumer health awareness about the intake of dairy and animal products is raising public knowledge about seaweeds.
Opportunity The enormous expansion of the seaweed protein market. Seaweed, seeds, and quinoa are just a few of the vegan alternative proteins available.
Key Trends Growing focus on natural and organic ingredients as Consumers are increasingly interested in natural and organic products, and this trend is extending to clinical nutrition supplements.

Country-wise Insights

Region North America
Country United States
CAGR 6.1%
BPS Analysis 160
Market Value (2033) US$ 13.2 million
Region Europe
Country United Kingdom
CAGR 3.5%
BPS Analysis 40
Market Value (2033) US$ 5.8 million
Region Asia Pacific
Country China
CAGR 4.1%
BPS Analysis 90
Market Value (2033) US$ 6.2 million
Region Asia Pacific
Country India
CAGR 5.2%
BPS Analysis 80
Market Value (2033) US$ 7.3 million
Region Asia Pacific
Country Japan
CAGR 5.5%
BPS Analysis 100
Market Value (2033) US$ 6.8 million

Will the United States Retain its Dominance in the North America kelp protein market?

Increasing Usage of Supplements Elevating the Kelp Protein Sales in The United States

As per Future Market Insights, the United States Kelp Protein market is expected to reach a valuation of around US$ 13.2 million by 2033. It will therefore hold a prominent value share of 31.7% in the North America market.

There are several protein manufacturers in the United States and the consumption of health supplements is also high in the country. The United States has strict rules against the use of synthetic chemicals and synthetic food colors which encourages market expansion. It has a rich source of minerals, vitamins, and essential amino acids which makes it a nutritional ingredient for food and beverage products.

Professional athletes and fitness-conscious consumers in that region are consuming organic nutritional health supplements to preserve their overall health. As it has high in proteins, and other nutrients, it is commonly used in the production of dietary supplements.

In the United States, various manufacturers have made investments in modern manufacturing facilities and advanced technology, and skilled labor. This has resulted in increased efficiency in Protein production and lowered production costs.

So that the United States will retain its dominance in the market due to its market size, innovation, investment, and sustainability leadership.

What is Driving Kelp Protein Demand in India?

Growing Popularity of Ethnic Cuisines Driving Kelp Protein Demand in India

According to FMI analysis, the India kelp protein industry is poised to exhibit a CAGR of 5.2% during the assessment period. By 2033, the Indian market size is expected to reach US$ 7.1 million. It will therefore hold a prominent value share of 12.2% in the market.

In India, the food and beverage demand is increasing as a result of increased demand for processed food items as an increasing working population, and rapid urbanization. a significant impact on the kelp protein market. The demand for these proteins will grow among consumers as changes in healthier diets and these diets that are low in sugar and low in calories are also, high in protein.

The food & beverage industry is driven by organic food products and protein is used in various food and beverage and dietary supplement products. so the demand for these products is expected to increase and a high need for high-protein beverages also boosts the proteins during the forecasted time frame.

What is the Demand Outlook for the Kelp Protein in Japan Market?

Increasing Usage of Kelp Protein in Traditional Dishes Boosting Sales in Japan

The demand in Japan is anticipated to rise at a steady CAGR of 5.5% during the forecast period from 2023 to 2033. Japan is likely to hold a market share of 11.4% in the market.

Japanese consumers consuming kelp and other marine food products from traditional times. Japanese food culture is heavily influenced by kelp and it is used for enhancing the flavors and nutritional benefits of the food as it has a high amount of protein.

It is mostly used in Japanese dishes including udon, kombu, and miso soup. Japanese consumers know about its health benefits so it is a tasty and nutritious addition to the diet. It contains some amount of umami which is a lesser-known taste along with sweet, bitter, salty, and sour. the umami adds meat flavors and savory.

Also, it has a unique food culture that values traditional ingredients and preparation methods. it is a versatile ingredient that can be used in a variety of traditional Japanese dishes, which may appeal to consumers who are interested in preserving and promoting Japanese food culture.

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Category-wise Insights

Why the demand for kelp protein is scaling up in a powder form?

Demand in the Market Remain High for the Powder segment 

Based on the form type, demand is expected to remain high for powder during the assessment period. FMI analysis shows that it has a market share of around 33.8%, and the powder segment is projected to reach a valuation of US$ 8.6 million in 2033.

The powder form can be consumed in the form of a kelp supplement or a Super Greens product. Super greens contain blends of various superfoods, including kelp powder. It is used to improve bone and muscle health, it also helps ward off disease and aid with weight loss.

It has also some health benefits such as the kelp powder decreasing the growth of cancers and other diseases and even increasing the lifespan of human organs.

The Powder form is easily added to a variety of food and beverage products, such as smoothies, protein bars, and baked goods. This convenience makes it an attractive option for manufacturers and consumers who are looking for an easy way to incorporate plant-based and sustainable protein sources into their diets.

Also, the powder form can be used in a wide range of applications, from sports nutrition and functional foods. It has a neutral taste and texture which makes it a versatile ingredient that can be used in a variety of products without affecting the flavor or texture.

What is the performance of Kelp Protein in the End Use segment?

Consumer Preference High for Kelp Protein Dietary Supplement Segment

Based on the End Use, demand is expected to remain high in dietary supplements during the assessment period. As per Future Market Insights, with a market share of around 16.8%, the dietary supplement segment is projected to reach a valuation of 16.2 million in 2033.

Kelp contains several functional and nutritional properties which make it an attractive ingredient for manufacturers for the end-user segment.it is a complete protein, which contains all essential amino acids and minerals such as iron and calcium.

Consumers are consuming this protein as it has several health benefits which will be attracting consumers and manufacturers are using it in dietary supplements. it has essential for the thyroid and nutrients such as iron, calcium, and vitamins A, K, and C

Some of the kelp is harvested in its algin. Which is used to thicken ice cream and other food products. It is used in bread, toothpaste, hand lotion, and paints. iodine and potassium from kelp are used in the health industry as a dietary supplement. Research and development have also developed a way to make ultra-pure algin. It is used in the biomedical industry to keep organ transplants.

Competitive Landscape

Manufacturers are constantly launching a new range of products to meet consumer demand. They are using several strategies such as mergers & acquisitions, partnerships, distribution agreements, collaborations, advertisements, and celebrity endorsements to gain a competitive edge in the market.

For instance:

  • In 2020, Mara Seaweed, a UK-based seaweed product company, launched its new kelp protein powder, PureSea Protein. The powder is made from sustainably harvested kelp and is marketed as a high-quality, plant-based protein source.
  • In 2020, Acadian Seaplants launched its new SeaPlus™ line of kelp protein products. The SeaPlus™ line includes three different protein products designed for use in a variety of food and beverage applications.
  • In 2020, Ocean Harvest Technology launched its new kelp protein concentrate, OHT-KPC. The concentrate is made from sustainably harvested kelp and is marketed as a high-quality protein source for use in animal feed.

Scope of the Report

Attribute Details
Market Size Value in 2023 US$ 21.4 million
Market Forecast Value in 2033 US$ 47.79 million
Anticipated Growth Rate (2023 to 2033) 8.4% CAGR
Forecast Period 2023 to 2033
Historical Data Available for 2018 to 2022
Market Analysis Volume (MT) and Value (US$ Million)
Key Regions Covered Latin America; North America; Europe; South Asia; East Asia; Oceania; and Middle East & Africa
Key Countries Covered Canada, United States, Mexico, Brazil, Chile, Peru, Argentina, Germany, France, Italy, Spain, United Kingdom, Netherlands, Belgium, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, and others
Key Market Segments Covered Form Type, End Use Application and Region
Key Companies Profiled Qingdao Gather Great Ocean Algae Industry Group Co., Ltd.; Qingdao Seawin Biotech Group Co., Ltd.; Aquaminerals B.V.; Thermo Fisher Scientific Inc.; Kimica Corporation; CP Kelco; Gelymar S.A.; Qingdao Bright Moon Seaweed Group Co., Ltd.; Marinova Pty Ltd.; COMFORT ZONE - DAVINES S.p.A.; Kelpak; Cargill, Incorporated; Algaia S.A.; Acadian Seaplants Limited

Kelp Protein Market by Category

By Form:

  • Liquid
  • Powder

By End Use:

  • Dietary supplements
  • Food & beverages
  • Animal feed
  • Cosmetics & personal care
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Frequently Asked Questions

What is kelp protein market size in 2023?

The kelp protein market is worth US$ 21.4 million in 2023.

What is the top countries’ value in the kelp protein market?

The kelp protein market’s top 3 countries’ value share is worth US$ 18.9 million.

What is the anticipated worth of kelp protein market by 2033?

The kelp protein market is predicted to surpass US$ 47.79 million by 2033.

What is India’s growth outlook in the kelp protein market?

India’s kelp protein market is expected to hit US$ 7.1 million by 2033.

Which countries dominate the global kelp protein market?

The United States, Japan, and India dominate the global market.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Technology Roadmap

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition

3. Market Background

    3.1. Drivers

        3.1.1. Supply Side Drivers

        3.1.2. Demand Side drivers

        3.1.3. Economic Side Drivers

    3.2. Restraints

    3.3. Opportunity

    3.4. Market trends By Region

    3.5. Forecast Factors - Relevance & Impact

    3.6. Regulations and Policies

4. Global Market- Pricing Analysis

    4.1. Price Point Assessment by Region

        4.1.1. Manufacturer-Level Pricing

        4.1.2. Distributor-Level Pricing

    4.2. Price Point Assessment By Form

    4.3. Price Forecast till 2033

5. Value Chain Analysis

    5.1. Operating margins at each node of the supply chain

    5.2. List of Active Market Participants

6. Global Market Size in Value (US$ Million) and Volume (MT) Analysis 2018 to 2022 and Forecast, 2023 to 2033

    6.1. Historical Market Size in Value (US$ Million) and Volume (MT) Analysis, 2018 to 2022

    6.2. Current and Future Market Size in Value (US$ Million) and Volume (MT) Analysis, 2023 to 2033

        6.2.1. Y-o-Y Growth Trend Analysis

        6.2.2. Absolute $ Opportunity Analysis

7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form

    7.1. Introduction / Key Findings

    7.2. Historical Market Size in Value (US$ Million) and Volume (MT) Analysis By Form, 2018 to 2022

    7.3. Current and Future Market Size in Value (US$ Million) and Volume (MT) Analysis and Forecast By Form, 2023 to 2033

        7.3.1. Powder

        7.3.2. Liquid

    7.4. Market Attractiveness Analysis By Form

8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application

    8.1. Introduction / Key Findings

    8.2. Historical Market Size in Value (US$ Million) and Volume (MT) Analysis By Application, 2018 to 2022

    8.3. Current and Future Market Size in Value (US$ Million) and Volume (MT) Analysis and Forecast By Application, 2023 to 2033

        8.3.1. Dietary supplements

        8.3.2. Food & beverages

        8.3.3. Animal feed

        8.3.4. Cosmetics & personal care

        8.3.5. Others

    8.4. Market Attractiveness Analysis By Application

9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region

    9.1. Introduction

    9.2. Historical Market Size in Value (US$ Million) and Volume (MT) Analysis By Region, 2018 to 2022

    9.3. Current Market Size in Value (US$ Million) and Volume (MT) Analysis and Forecast By Region, 2023 to 2033

        9.3.1. North America

        9.3.2. Latin America

        9.3.3. Europe

        9.3.4. East Asia

        9.3.5. South Asia

        9.3.6. Oceania

        9.3.7. Middle East & Africa

    9.4. Market Attractiveness Analysis By Region

10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    10.1. Introduction

    10.2. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022

    10.3. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033

        10.3.1. By Country

            10.3.1.1. United States

            10.3.1.2. Canada

        10.3.2. By Form

        10.3.3. By Application

    10.4. Market Attractiveness Analysis

        10.4.1. By Country

        10.4.2. By Form

        10.4.3. By Application

    10.5. Key takeaways

11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    11.1. Introduction

    11.2. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022

    11.3. Market Size (US$ Million) and Volume (MT) Forecast By Market Taxonomy, 2023 to 2033

        11.3.1. By Country

            11.3.1.1. Brazil

            11.3.1.2. Mexico

            11.3.1.3. Argentina

            11.3.1.4. Rest of Latin America Kelp Protein

        11.3.2. By Form

        11.3.3. By Application

    11.4. Market Attractiveness Analysis

        11.4.1. By Country

        11.4.2. By Form

    11.5. Key takeaways

12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    12.1. Introduction

    12.2. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022

    12.3. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033

        12.3.1. By Country

            12.3.1.1. Germany

            12.3.1.2. United Kingdom

            12.3.1.3. France

            12.3.1.4. Italy

            12.3.1.5. Spain

            12.3.1.6. BENELUX

            12.3.1.7. Nordic

            12.3.1.8. Russia

            12.3.1.9. Poland

            12.3.1.10. Rest of Europe

        12.3.2. By Form

        12.3.3. By Application

    12.4. Market Attractiveness Analysis

        12.4.1. By Country

        12.4.2. By Form

        12.4.3. By Application

    12.5. Key takeaways

13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    13.1. Introduction

    13.2. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022

    13.3. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033

        13.3.1. By Country

            13.3.1.1. China

            13.3.1.2. Japan

            13.3.1.3. South Korea

        13.3.2. By Form

        13.3.3. By Application

    13.4. Market Attractiveness Analysis

        13.4.1. By Country

        13.4.2. By Form

        13.4.3. By Application

    13.5. Key takeaways

14. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    14.1. Introduction

    14.2. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022

    14.3. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033

        14.3.1. By Country

            14.3.1.1. India

            14.3.1.2. Thailand

            14.3.1.3. Malaysia

            14.3.1.4. Indonesia

            14.3.1.5. Vietnam

            14.3.1.6. Philippines

            14.3.1.7. Singapore

            14.3.1.8. Rest of South Asia

        14.3.2. By Form

        14.3.3. By Application

    14.4. Market Attractiveness Analysis

        14.4.1. By Country

        14.4.2. By Form

        14.4.3. By Application

    14.5. Key takeaways

15. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    15.1. Introduction

    15.2. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022

    15.3. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033

        15.3.1. By Country

            15.3.1.1. Australia

            15.3.1.2. New Zealand

        15.3.2. By Form

        15.3.3. By Application

    15.4. Market Attractiveness Analysis

        15.4.1. By Country

        15.4.2. By Form

        15.4.3. By Application

    15.5. Key takeaways

16. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    16.1. Introduction

    16.2. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022

    16.3. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033

        16.3.1. By Country

            16.3.1.1. GCC Countries

            16.3.1.2. Turkeye

            16.3.1.3. Egypt

            16.3.1.4. South Africa

            16.3.1.5. Rest of MEA

        16.3.2. By Form

        16.3.3. By Application

    16.4. Market Attractiveness Analysis

        16.4.1. By Country

        16.4.2. By Form

        16.4.3. By Application

    16.5. Key takeaways

17. Country-level Market Analysis, 2022

    17.1. United States Market Analysis

        17.1.1. By Form

        17.1.2. By Application

    17.2. Canada Market Analysis

        17.2.1. By Form

        17.2.2. By Application

    17.3. Brazil Market Analysis

        17.3.1. By Form

        17.3.2. By Application

    17.4. Mexico Market Analysis

        17.4.1. By Form

        17.4.2. By Application

    17.5. Argentina Market Analysis

        17.5.1. By Form

        17.5.2. By Application

    17.6. Germany Market Analysis

        17.6.1. By Form

        17.6.2. By Application

    17.7. United Kingdom Market Analysis

        17.7.1. By Form

        17.7.2. By Application

    17.8. France Market Analysis

        17.8.1. By Form

        17.8.2. By Application

    17.9. Italy Market Analysis

        17.9.1. By Form

        17.9.2. By Application

    17.10. Spain Market Analysis

        17.10.1. By Form

        17.10.2. By Application

    17.11. BENELUX Market Analysis

        17.11.1. By Form

        17.11.2. By Application

    17.12. Nordic Market Analysis

        17.12.1. By Form

        17.12.2. By Application

    17.13. Russia Region Market Analysis

        17.13.1. By Form

        17.13.2. By Application

    17.14. Poland Market Analysis

        17.14.1. By Form

        17.14.2. By Application

    17.15. China Market Analysis

        17.15.1. By Form

        17.15.2. By Application

    17.16. Japan Market Analysis

        17.16.1. By Form

        17.16.2. By Application

    17.17. South Korea Market Analysis

        17.17.1. By Form

        17.17.2. By Application

    17.18. India Market Analysis

        17.18.1. By Form

        17.18.2. By Application

    17.19. Thailand Market Analysis

        17.19.1. By Form

        17.19.2. By Application

    17.20. Malaysia Market Analysis

        17.20.1. By Form

        17.20.2. By Application

    17.21. Indonesia Market Analysis

        17.21.1. By Form

        17.21.2. By Application

    17.22. Vietnam Market Analysis

        17.22.1. By Form

        17.22.2. By Application

    17.23. Philippines Market Analysis

        17.23.1. By Form

        17.23.2. By Application

    17.24. Singapore Market Analysis

        17.24.1. By Form

        17.24.2. By Application

    17.25. Australia Market Analysis

        17.25.1. By Form

        17.25.2. By Application

    17.26. New Zealand Market Analysis

        17.26.1. By Form

        17.26.2. By Application

    17.27. GCC Countries Market Analysis

        17.27.1. By Form

        17.27.2. By Application

    17.28. Turkey Market Analysis

        17.28.1. By Form

        17.28.2. By Application

    17.29. Egypt Market Analysis

        17.29.1. By Form

        17.29.2. By Application

    17.30. South Africa Market Analysis

        17.30.1. By Form

        17.30.2. By Application

18. Market Structure Analysis

    18.1. Global Market Competition - a Dashboard View

    18.2. Industry Structure Analysis

        18.2.1. % tier 1 market players

        18.2.2. % tier 2 market players

        18.2.3. % tier 3 market players

    18.3. Global Market Company Share Analysis

        18.3.1. For Tier 1 Market Players, 2023

        18.3.2. Company Market Share Analysis of Top 5 Players, By Region

    18.4. Key Participants Market Presence (Intensity Mapping) by Region

19. Competition Analysis

    19.1. Competition Dashboard

    19.2. Competition Benchmarking

    19.3. Competition Deep Dive

        19.3.1. Aquaminerals B.V.

            19.3.1.1. Product Portfolio

            19.3.1.2. Product Claim

            19.3.1.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.1.4. Sales Footprint

            19.3.1.5. Strategy Overview

                19.3.1.5.1. Marketing Strategy

                19.3.1.5.2. Product Strategy

                19.3.1.5.3. Channel Strategy

            19.3.1.6. SWOT Analysis

        19.3.2. Qingdao Gather Great Ocean Algae Industry Group Co., Ltd.

            19.3.2.1. Product Portfolio

            19.3.2.2. Product Claim

            19.3.2.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.2.4. Sales Footprint

            19.3.2.5. Strategy Overview

                19.3.2.5.1. Marketing Strategy

                19.3.2.5.2. Product Strategy

                19.3.2.5.3. Channel Strategy

            19.3.2.6. SWOT Analysis

        19.3.3. Qingdao Seawin Biotech Group Co., Ltd.

            19.3.3.1. Product Portfolio

            19.3.3.2. Product Claim

            19.3.3.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.3.4. Sales Footprint

            19.3.3.5. Strategy Overview

                19.3.3.5.1. Marketing Strategy

                19.3.3.5.2. Product Strategy

                19.3.3.5.3. Channel Strategy

            19.3.3.6. SWOT Analysis

        19.3.4. Aquaminerals B.V.

            19.3.4.1. Product Portfolio

            19.3.4.2. Product Claim

            19.3.4.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.4.4. Sales Footprint

            19.3.4.5. Strategy Overview

                19.3.4.5.1. Marketing Strategy

                19.3.4.5.2. Product Strategy

                19.3.4.5.3. Channel Strategy

            19.3.4.6. SWOT Analysis

        19.3.5. Thermo Fisher Scientific Inc.

            19.3.5.1. Product Portfolio

            19.3.5.2. Product Claim

            19.3.5.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.5.4. Sales Footprint

            19.3.5.5. Strategy Overview

                19.3.5.5.1. Marketing Strategy

                19.3.5.5.2. Product Strategy

                19.3.5.5.3. Channel Strategy

            19.3.5.6. SWOT Analysis

        19.3.6. Kimica Corporation

            19.3.6.1. Product Portfolio

            19.3.6.2. Product Claim

            19.3.6.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.6.4. Sales Footprint

            19.3.6.5. Strategy Overview

                19.3.6.5.1. Marketing Strategy

                19.3.6.5.2. Product Strategy

                19.3.6.5.3. Channel Strategy

            19.3.6.6. SWOT Analysis

        19.3.7. CP Kelco

            19.3.7.1. Product Portfolio

            19.3.7.2. Product Claim

            19.3.7.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.7.4. Sales Footprint

            19.3.7.5. Strategy Overview

                19.3.7.5.1. Marketing Strategy

                19.3.7.5.2. Product Strategy

                19.3.7.5.3. Channel Strategy

            19.3.7.6. SWOT Analysis

        19.3.8. Gelymar S.A.

            19.3.8.1. Product Portfolio

            19.3.8.2. Product Claim

            19.3.8.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.8.4. Sales Footprint

            19.3.8.5. Strategy Overview

                19.3.8.5.1. Marketing Strategy

                19.3.8.5.2. Product Strategy

                19.3.8.5.3. Channel Strategy

            19.3.8.6. SWOT Analysis

        19.3.9. Qingdao Bright Moon Seaweed Group Co., Ltd.

            19.3.9.1. Product Portfolio

            19.3.9.2. Product Claim

            19.3.9.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.9.4. Sales Footprint

            19.3.9.5. Strategy Overview

                19.3.9.5.1. Marketing Strategy

                19.3.9.5.2. Product Strategy

                19.3.9.5.3. Channel Strategy

            19.3.9.6. SWOT Analysis

        19.3.10. Marinova Pty Ltd.

            19.3.10.1. Product Portfolio

            19.3.10.2. Product Claim

            19.3.10.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.10.4. Sales Footprint

            19.3.10.5. Strategy Overview

                19.3.10.5.1. Marketing Strategy

                19.3.10.5.2. Product Strategy

                19.3.10.5.3. Channel Strategy

            19.3.10.6. SWOT Analysis

        19.3.11. COMFORT ZONE - DAVINES S.p.A.

            19.3.11.1. Product Portfolio

            19.3.11.2. Product Claim

            19.3.11.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.11.4. Sales Footprint

            19.3.11.5. Strategy Overview

                19.3.11.5.1. Marketing Strategy

                19.3.11.5.2. Product Strategy

                19.3.11.5.3. Channel Strategy

            19.3.11.6. SWOT Analysis

        19.3.12. Kelpak

            19.3.12.1. Product Portfolio

            19.3.12.2. Product Claim

            19.3.12.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.12.4. Sales Footprint

            19.3.12.5. Strategy Overview

                19.3.12.5.1. Marketing Strategy

                19.3.12.5.2. Product Strategy

                19.3.12.5.3. Channel Strategy

            19.3.12.6. SWOT Analysis

        19.3.13. Cargill, Incorporated

            19.3.13.1. Product Portfolio

            19.3.13.2. Product Claim

            19.3.13.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.13.4. Sales Footprint

            19.3.13.5. Strategy Overview

                19.3.13.5.1. Marketing Strategy

                19.3.13.5.2. Product Strategy

                19.3.13.5.3. Channel Strategy

            19.3.13.6. SWOT Analysis

        19.3.14. Algaia S.A.

            19.3.14.1. Product Portfolio

            19.3.14.2. Product Claim

            19.3.14.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.14.4. Sales Footprint

            19.3.14.5. Strategy Overview

                19.3.14.5.1. Marketing Strategy

                19.3.14.5.2. Product Strategy

                19.3.14.5.3. Channel Strategy

            19.3.14.6. SWOT Analysis

        19.3.15. Acadian Seaplants Limited

            19.3.15.1. Product Portfolio

            19.3.15.2. Product Claim

            19.3.15.3. Revenue by Market Segments (Product/Channel/Region)

            19.3.15.4. Sales Footprint

            19.3.15.5. Strategy Overview

                19.3.15.5.1. Marketing Strategy

                19.3.15.5.2. Product Strategy

                19.3.15.5.3. Channel Strategy

            19.3.15.6. SWOT Analysis

20. Assumptions and Acronyms

21. Research Methodology

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