Middle East & Africa Commercial Seaweed Market to 2032
Overview
The Middle East & Africa Commercial Seaweed Market is expected to reach a 1,063.86 USD Million by 2032 and is projected to grow at a CAGR of 7.78% from 2025 to 2032.
Revenue, 2024 (USD Million)
698.84
Forecast, 2032 (USD Million)
1,063.86
CAGR, 2024 - 2032
7.78%
Report Coverage
Middle East & Africa
Middle East & Africa Commercial Seaweed Market 2018-2032 USD Million
Middle East & Africa Commercial Seaweed Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 698.84 USD Million
- Projected Market Size (2032): 1,063.86 USD Million
- CAGR (2025-2032): 7.78%
Key Findings of Middle East & Africa Commercial Seaweed Market
- The Middle East & Africa Commercial Seaweed Market was valued at 698.84 USD Million in 2024.
- The Middle East & Africa Commercial Seaweed Market is likely to grow at a CAGR of 7.78% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Powdered in Form Segment accounted for the largest share of the market with a revenue of 557.79 USD Million
- The fastest growing segment Biofuel in End User Segment grew Fastest with a CAGR of 10.56% during the forecast period from 2024 to 2032.
Middle East & Africa Commercial Seaweed Market Scope
Middle East & Africa Commercial Seaweed Market Segmentation & Scope
End User
- Biofuel
- Agriculture
- Agriculture, By Type
- Others
- Cosmetic & Personal care
- Cosmetic & Personal care, By Type
- Animal Feed, By Type
- Animal Feed
- Pharmaceutical, By Type
- Pharmaceutical
- Food & Beverages
- Food & Beverages, By Type
Type
- Green Seaweed
- Brown Seaweed
- Red Seaweed
Form
- Liquid
- Flakes
- Powdered
Cultivation
- Saline Aquaculture
- Nearshore Cultivation
- Imta Cultivation
- Onshore Cultivation
- Offshore Cultivation
Middle East & Africa Commercial Seaweed Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 698.84 USD Million |
| Market Value in 2032 | 1,063.86 USD Million |
| CAGR (2025-2032) | 7.78% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Type,Form,Cultivation |
Regional Insights:
-
Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 698.84 USD Million in 2024
- Key Country: South Africa, leading in terms of revenue with value of 258.21 USD Million in 2024.
Segments and Scope
-
Middle East & Africa Commercial Seaweed Market to 2032, By End User
- Food & Beverages is the largest segment in Middle East & Africa Commercial Seaweed Market to 2032 with a revenue of 367.60 USD Million in the year 2024.
- Biofuel is the Fastest growing segment in Middle East & Africa Commercial Seaweed Market to 2032 with a Growth rate of 7.00 % in forecast period 2025-2032.
-
Middle East & Africa Commercial Seaweed Market to 2032, By Type
- Red Seaweed is the largest segment in Middle East & Africa Commercial Seaweed Market to 2032 with a revenue of 402.50 USD Million in the year 2024.
- Red Seaweed is the Fastest growing segment in Middle East & Africa Commercial Seaweed Market to 2032 with a Growth rate of 8.39 % in forecast period 2025-2032.
-
Middle East & Africa Commercial Seaweed Market to 2032, By Form
- Powdered is the largest segment in Middle East & Africa Commercial Seaweed Market to 2032 with a revenue of 557.79 USD Million in the year 2024.
- Powdered is the Fastest growing segment in Middle East & Africa Commercial Seaweed Market to 2032 with a Growth rate of 8.23 % in forecast period 2025-2032.
-
Middle East & Africa Commercial Seaweed Market to 2032, By Cultivation
- Offshore Cultivation is the largest segment in Middle East & Africa Commercial Seaweed Market to 2032 with a revenue of 444.49 USD Million in the year 2024.
- Offshore Cultivation is the Fastest growing segment in Middle East & Africa Commercial Seaweed Market to 2032 with a Growth rate of 8.56 % in forecast period 2025-2032.
Middle East & Africa Commercial Seaweed Market Company Share Analysis
| Company Name |
|
||
| Cargill, Incorporated | |||
| KwangcheonKim | |||
| Ocean rainforest | |||
| Marcel Carrageenan | |||
| ASL | |||
Middle East & Africa Commercial Seaweed Market Geographical Sales Distribution, 2018-2032 USD Million
Middle East & Africa Commercial Seaweed Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Middle East & Africa Commercial Seaweed Market is segmented based on Segmentation End User,Type,Form,Cultivation.
Middle East & Africa Commercial Seaweed Market was valued at USD 698.84(Revenue in USD Million) in 2021.
Middle East & Africa Commercial Seaweed Market is projected to grow at a CAGR of 7.78% during the forecast period of 2024 to 2032.
The Powdered segment is expected to dominate the Middle East & Africa Commercial Seaweed Market, holding a largest market share of 557.79 USD Million in 2024
Coming Soon....
Middle East & Africa Commercial Seaweed Market Scope
Middle East & Africa Commercial Seaweed Market Segmentation & Scope
End User
- Biofuel
- Agriculture
- Agriculture, By Type
- Others
- Cosmetic & Personal care
- Cosmetic & Personal care, By Type
- Animal Feed, By Type
- Animal Feed
- Pharmaceutical, By Type
- Pharmaceutical
- Food & Beverages
- Food & Beverages, By Type
Type
- Green Seaweed
- Brown Seaweed
- Red Seaweed
Form
- Liquid
- Flakes
- Powdered
Cultivation
- Saline Aquaculture
- Nearshore Cultivation
- Imta Cultivation
- Onshore Cultivation
- Offshore Cultivation
Frequently Asked Questions
The Middle East & Africa Commercial Seaweed Market is segmented based on Segmentation End User,Type,Form,Cultivation.
Middle East & Africa Commercial Seaweed Market was valued at USD 698.84(Revenue in USD Million) in 2021.
Middle East & Africa Commercial Seaweed Market is projected to grow at a CAGR of 7.78% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Commercial Seaweed Market for final year is USD 1,063.86 (USD Million).
Middle East & Africa Commercial Seaweed Market Company Profiling
Frequently Asked Questions
The Middle East & Africa Commercial Seaweed Market is segmented based on Segmentation End User,Type,Form,Cultivation.
Middle East & Africa Commercial Seaweed Market was valued at USD 698.84(Revenue in USD Million) in 2021.
Middle East & Africa Commercial Seaweed Market is projected to grow at a CAGR of 7.78% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Commercial Seaweed Market for final year is USD 1,063.86 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.