South Africa Commercial Seaweed Market to 2032
Overview
The South Africa Commercial Seaweed Market is expected to reach a 384.81 USD Million by 2032 and is projected to grow at a CAGR of 7.37% from 2025 to 2032.
Revenue, 2024 (USD Million)
258.21
Forecast, 2032 (USD Million)
384.81
CAGR, 2024 - 2032
7.37%
Report Coverage
South Africa
South Africa Commercial Seaweed Market 2018-2032 USD Million
South Africa Commercial Seaweed Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 258.21 USD Million
- Projected Market Size (2032): 384.81 USD Million
- CAGR (2025-2032): 7.37%
Key Findings of South Africa Commercial Seaweed Market
- The South Africa Commercial Seaweed Market was valued at 258.21 USD Million in 2024.
- The South Africa Commercial Seaweed Market is likely to grow at a CAGR of 7.37% 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 209.51 USD Million
- The fastest growing segment Biofuel in End User Segment grew Fastest with a CAGR of 10.15% during the forecast period from 2024 to 2032.
South Africa Commercial Seaweed Market Scope
South Africa Commercial Seaweed Market Segmentation & Scope
End User
- Biofuel
- Agriculture
- Agriculture, By Type
- Others
- Cosmetic & Personal care, By Type
- Cosmetic & Personal care
- Animal Feed, By Type
- Animal Feed
- Pharmaceutical
- Pharmaceutical, By Type
- Food & Beverages, By Type
- Food & Beverages
Type
- Green Seaweed
- Brown Seaweed
- Red Seaweed
Form
- Liquid
- Flakes
- Powdered
Cultivation
- Saline Aquaculture
- Nearshore Cultivation
- Imta Cultivation
- Onshore Cultivation
- Offshore Cultivation
South Africa Commercial Seaweed Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 258.21 USD Million |
| Market Value in 2032 | 384.81 USD Million |
| CAGR (2025-2032) | 7.37% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Type,Form,Cultivation |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 258.21 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
-
South Africa Commercial Seaweed Market to 2032, By End User
- Food & Beverages, By Type is the largest segment in South Africa Commercial Seaweed Market to 2032 with a revenue of 132.73 USD Million in the year 2024.
- Biofuel is the Fastest growing segment in South Africa Commercial Seaweed Market to 2032 with a Growth rate of 6.45 % in forecast period 2025-2032.
-
South Africa Commercial Seaweed Market to 2032, By Type
- Red Seaweed is the largest segment in South Africa Commercial Seaweed Market to 2032 with a revenue of 151.38 USD Million in the year 2024.
- Red Seaweed is the Fastest growing segment in South Africa Commercial Seaweed Market to 2032 with a Growth rate of 7.96 % in forecast period 2025-2032.
-
South Africa Commercial Seaweed Market to 2032, By Form
- Powdered is the largest segment in South Africa Commercial Seaweed Market to 2032 with a revenue of 209.51 USD Million in the year 2024.
- Powdered is the Fastest growing segment in South Africa Commercial Seaweed Market to 2032 with a Growth rate of 7.78 % in forecast period 2025-2032.
-
South Africa Commercial Seaweed Market to 2032, By Cultivation
- Offshore Cultivation is the largest segment in South Africa Commercial Seaweed Market to 2032 with a revenue of 168.23 USD Million in the year 2024.
- Offshore Cultivation is the Fastest growing segment in South Africa Commercial Seaweed Market to 2032 with a Growth rate of 8.08 % in forecast period 2025-2032.
South Africa Commercial Seaweed Market Company Share Analysis
| Company Name |
|
||
| Cargill, Incorporated | |||
| KwangcheonKim | |||
| Ocean rainforest | |||
| Marcel Carrageenan | |||
| ASL | |||
South Africa Commercial Seaweed Market Geographical Sales Distribution, 2018-2032 USD Million
South Africa Commercial Seaweed Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa Commercial Seaweed Market is segmented based on Segmentation End User,Type,Form,Cultivation.
South Africa Commercial Seaweed Market was valued at USD 258.21(Revenue in USD Million) in 2021.
South Africa Commercial Seaweed Market is projected to grow at a CAGR of 7.37% during the forecast period of 2024 to 2032.
The Powdered segment is expected to dominate the South Africa Commercial Seaweed Market, holding a largest market share of 209.51 USD Million in 2024
Coming Soon....
South Africa Commercial Seaweed Market Scope
South Africa Commercial Seaweed Market Segmentation & Scope
End User
- Biofuel
- Agriculture
- Agriculture, By Type
- Others
- Cosmetic & Personal care, By Type
- Cosmetic & Personal care
- Animal Feed, By Type
- Animal Feed
- Pharmaceutical
- Pharmaceutical, By Type
- Food & Beverages, By Type
- Food & Beverages
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 South Africa Commercial Seaweed Market is segmented based on Segmentation End User,Type,Form,Cultivation.
South Africa Commercial Seaweed Market was valued at USD 258.21(Revenue in USD Million) in 2021.
South Africa Commercial Seaweed Market is projected to grow at a CAGR of 7.37% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Commercial Seaweed Market for final year is USD 384.81 (USD Million).
South Africa Commercial Seaweed Market Company Profiling
Frequently Asked Questions
The South Africa Commercial Seaweed Market is segmented based on Segmentation End User,Type,Form,Cultivation.
South Africa Commercial Seaweed Market was valued at USD 258.21(Revenue in USD Million) in 2021.
South Africa Commercial Seaweed Market is projected to grow at a CAGR of 7.37% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Commercial Seaweed Market for final year is USD 384.81 (USD Million).
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