Seaweed Market to Nearly Double by 2033, Driven by Food Demand
A new report pegs the current global seaweed market value at US$10.3 billion in 2026 and projects growth by 2033 to US$19.7 billion. The 91% increase will be driven by consumer demand and the rising use of seaweed products in food, cosmetics, and sustainable bioproducts.
Seaweed has long been used in traditional Asian cuisines and pharmaceuticals, but its global demand is expanding rapidly, the report says, due to rising interest in sustainable food sources, plant-based nutrition, and bio-based industrial materials...
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