Market Research Report

Global Seaweed Snack Market Research Report: Forecast (2023-2028)

By Type (Nori sheets. Flakes, Bars, Chips, Others), By Source (Red, Brown, Green), By Distribution Channel (Offline [Hypermarkets & Supermarket, Convenience Store, Specialty Stores...], Online), By Region (North America, South America, Europe, Asia-Pacific, Middle East and Africa), By Country (U.S, Canada, Brazil, Germany, France, The U.K, China, South Korea, Japan), By Competitors (Taokaenoi Food & Marketing PCL, gimMe Health Foods Inc., Frito-Lay North America, Inc., Annie Chun’s, Inc., Kimnori U.S.A. Inc., KPOP Foods, SeaSnax, Ocean’s Halo, SEAWEED MARKET OÜ, Singha Corporation) Read more

  • Food & Beverages
  • Mar 2023
  • Pages 202
  • Report Format: PDF, Excel, PPT

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Market Definition

Seaweed is an edible alga that grows in the sea, and there are several ways to consume it, mainly as a processed snack, which is a healthier alternative to chips & crackers as it has a high proportion of fiber and vitamins A, B, & E. These snacks contain organic ingredients that are gluten-free and found in various forms.

Market Insights & Analysis: Global Seaweed Snack Market (2023-28)

The Global Seaweed Snack Market is likely to grow at around 9% CAGR during the forecast period, i.e., 2023-28. The growth of the market is expected to be driven mainly by the increasing consumer preference for healthy food products & the rich nutrition profile of seaweed snacks, which are low in calories, free from gluten & GMOs, and high in fiber, minerals, antioxidants, potassium, etc.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 9%
Regions Covered North America: US, Canada
Europe: Germany, UK, France
Asia-Pacific: China, Japan, South Korea
South America: Brazil, Argentina
Key Companies Profiled Taokaenoi Food & Marketing PCL, gimMe Health Foods Inc., Frito-Lay North America, Inc., Annie Chun’s, Inc., Kimnori U.S.A. Inc., KPOP Foods, SeaSnax, Ocean’s Halo, SEAWEED MARKET OÜ, Singha Corporation
Unit Denominations USD Million/Billion

 

Seaweed snacks also contain amino acids & iodine, which help the thyroid gland to function properly. Moreover, the fiber content in these snacks helps improve gut health, promote weight loss, and reduce cholesterol levels & the risk of blood clots.

The growing adoption of the vegan diet and the rising availability of sushi in western countries are also contributing to the mounting demand for seaweed snacks. Over the last few years, sushi rolls made with seaweed roll-ups are gaining traction as snacking food. Furthermore, the launch of various flavored products comprising healthy seeds & nuts would also bode well for the seaweed snack market growth over the forecast years.




Market Dynamics

Key Driver: Rising Consumer Inclination toward Organic Food Products

Seaweed snacks do not contain additives and are made from natural ingredients. More & more people worldwide are becoming increasingly health conscious and are adopting healthy diets, i.e., surging the demand for organic food products, including seaweed snacks, owing to their low toxicity, high specificity, & enhanced nutritional profile. In addition, numerous government organizations are massively investing in the development of eco-friendly products as well as putting active efforts toward prohibiting the use of specific chemicals and regulating maximum consumption limits. Consequently, bio-based agrochemicals are in high demand to reduce the harmful effects of synthetic agrochemicals on the environment. Hence, these aspects are set to drive the Global Seaweed Snack Market during 2023-28.

Market Segmentation

Based on Distribution Channel:

  • Online
    • Hypermarkets & Supermarkets
    • Convenience Stores
    • Specialty Stores
  • Offline

Among all, offline distribution channels accounted for the largest share of the global seaweed snack market in the historical years, and the same trend is likely in the coming years as a large number of consumers still prefer to shop from physical outlets. In the past few years, seaweed snacks have gained significant shelf space in supermarkets, hypermarkets, convenience stores, as well as specialty stores that provide high service quality, detailed product specifications, & expert guidance to customers. Moreover, these outlets promote both international & private-label brands which are likely to offer lucrative prospects for the leading players operating in the industry over the coming years.

On the other hand, online distribution channels are gaining traction and are projected to register significant growth in the forecast years. It owes to attractive price discounts, the ease & convenience of shopping from home, multiple payment options, and quick deliveries. More & more retailers are adopting e-commerce platforms while the already existing ones are working on bringing more varieties of seaweed snacks in order to cater to the varied consumer requirements worldwide.

Regional Projection

Geographically, the Global Seaweed Snack Market expands across:

  • North America
  • South America
  • Asia-Pacific
  • Europe
  • Middle East & Africa

Of all regions globally, Asia-Pacific is projected to attain a prominent share of the Seaweed Snack Market during 2023-28. It owes to the strong foothold of leading manufacturers, the introduction of new & innovative products, and the ever-increasing consumer demand for seaweed snacks on account of their health benefits. In Asia-Pacific, China, Japan, & South Korea are the biggest regional markets where seaweed is a staple food consumed popularly as a healthier alternative to processed food like chips, as it is low in calories and high in calcium, protein, iodine, iron, etc.

In South Korea, the government aims to accentuate the Korean seaweed industry as an export-driven food industry worth 1 trillion by 2024, which would provide numerous opportunities for the leading players operating in the regional market. Furthermore, the rising availability of a wide variety of seaweed snacks in different flavors & textures is another prominent aspect expected to spur growth in the Asia-Pacific Seaweed Snack Market through 2028.

Key Questions Answered in the Market Research Report:

  1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the Global Seaweed Snack Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Seaweed Snack Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Seaweed Snack Market based on the competitive benchmarking matrix?
  5. What are the key results derived from surveys conducted during the Global Seaweed Snack Market study?

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Frequently Asked Questions

   A. The Seaweed Snack Market is likely to register around 9% CAGR during 2023-28.

   A. The ever-increased health consciousness among people, growing availability of sushi in western countries, and the rising vegan population are the prime aspects projected to drive the Seaweed Snack Market during 2023-28.

   A. Taokaenoi Food & Marketing PCL, gimMe Health Foods Inc., Frito-Lay North America, Inc., Annie Chun’s, Inc., Kimnori U.S.A. Inc., KPOP Foods, SeaSnax, Ocean’s Halo, SEAWEED MARKET OÜ, and Singha Corporation are the key companies participating in the Global Seaweed Snack Market.

   A. Online channels are projected to create lucrative prospects for the leading players in the Seaweed Snack Market during 2023-28.

   A. Globally, Asia-Pacific would generate remunerative opportunities for the Seaweed Snack Market in the coming years.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Definition
  2. Executive Summary
  3. Impact of COVID-19 on Global Seaweed Snack
  4. Global Seaweed Snack Market Outlook 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Type
        1. Nori sheets
        2. Flakes
        3. Bars
        4. Chips
        5. Others
      2. By Source
        1. Red
        2. Brown
        3. Green
      3. By Distribution Channel
        1. Offline
          1. Hypermarkets & Supermarket
          2. Convenience Store
          3. Specialty Stores
        2. Online
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Asia-Pacific
        5. Middle East & Africa
      5. By Company
        1. Revenue Shares
        2. Strategic Factorial Indexing
        3. Competitor Placement in MarkNtel Quadrant
  5. North America Seaweed Snack Market Outlook 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Type
      2. By Source
      3. By Distribution Channel
      4. By Country
        1. US
        2. Canada
    3. The US Seaweed Snack Market Outlook 2018-2028F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Type
        2. By Source
        3. By Distribution Channel
    4. Canada Seaweed Snack Market Outlook 2018-2028F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Type
        2. By Source
        3. By Distribution Channel
  6. South America Seaweed Snack Market Outlook 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Type
      2. By Source
      3. By Distribution Channel
      4. By Country
        1. Brazil
        2. Others
  7. Brazil Seaweed Snack Market Outlook 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Type
      2. By Source
      3. By Distribution Channel
  8. Europe Seaweed Snack Market Outlook 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Type
      2. By Source
      3. By Distribution Channel
      4. By Country
        1. Germany
        2. France
        3. The UK
  9. Germany Seaweed Snack Market Outlook 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Type
      2. By Source
      3. By Distribution Channel
  10. France Seaweed Snack Market Outlook 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Type
      2. By Source
      3. By Distribution Channel
  11. The UK Seaweed Snack Market Outlook 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Type
      2. By Source
      3. By Distribution Channel
  12. Asia-Pacific Seaweed Snack Market Outlook 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Type
      2. By Source
      3. By Distribution Channel
    3. By Country
      1. China
      2. Japan
      3. South Korea
  13. China Seaweed Snack Market Outlook 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Type
      2. By Source
      3. By Distribution Channel
  14. South Korea Seaweed Snack Market Outlook 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Type
      2. By Source
      3. By Distribution Channel
  15. Japan Seaweed Snack Market Outlook 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Type
      2. By Source
      3. By Distribution Channel
  16. Middle East & Africa Seaweed Snack Market Outlook 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
  17. Market Share & Analysis
    1. By Type
    2. By Source
    3. By Distribution Channel
  18. Global Seaweed Snack Market Regulations  
  19. Global Seaweed Snack Market Trends & Insights
  20. Global Seaweed Snack Market Consumer Behavior Analysis
    1. Consumer Trends and Preferences
    2. Factors Affecting Buying Decision
    3. Consumer Product Adoption
  21. Global Seaweed Snack Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  22. Global Seaweed Snack Market Hotspot and Opportunities
  23. Global Seaweed Snack Market Key Strategic Imperatives for Success and Growth
  24. Competition Outlook
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Taokaenoi Food & Marketing PCL
      2. gimMe Health Foods Inc.
      3. Frito-Lay North America, Inc.
      4. Annie Chun’s, Inc.
      5. Kimnori U.S.A. Inc.
      6. KPOP Foods
      7. SeaSnax
      8. Ocean’s Halo
      9. SEAWEED MARKET OÜ
      10. Singha Corporation
  25.  Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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