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2025-06-17 18:34:36 -

Commercial Seaweed Market to Double by 2031, Reaching USD 31.1 Billion

The commercial seaweed market was valued at USD 15.9 billion in 2021 and is projected to reach USD 31.1 billion by the end of 2031. This growth reflects a compound annual growth rate (CAGR) of 7.0% from 2022 to 2031. The market expansion is driven by increasing demand for seaweed in food, pharmaceuticals, cosmetics, and agriculture, owing to its nutritional value and eco-friendly cultivation...

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