Global Seaweed Snacks Market Likely to Reach USD 2800 Million by 2028

21-Nov-2022 | Zion Market Research

The global Seaweed Snacks market size was estimated to be worth roughly USD 1602 million in 2021 and is predicted to grow to around USD 2800 million by 2028. The global Seaweed Snacks market is predicted to grow at a CAGR of roughly 10.4% during the forecast period.

Seaweed snacks are tiny pieces of food eaten in between meals. Usually comprised of green, brown, or red seaweed, these are nibbled. Minerals and vitamins like calcium, magnesium, potassium, iron, copper, and iodine are all included in seaweed snacks. They are also a good source of fiber and vitamins. Organic and non-GMO components are both present in seaweed snacks.

These seaweed snacks are typically made with healthy, gluten-free ingredients that have been certified by the United States Department of Agriculture. By facilitating the intake of minerals, vitamins, and protein, these food items promote good health.

One of the main factors driving the growth of the global seaweed snacks market is the high nutritional content of these snacks, as consumers are searching for healthier substitutes for mid-meal snacking. Omega 3 fatty acids, fiber, folic acid, iron, potassium, iodine, antioxidants, calcium, and minerals are all naturally abundant in seaweed snacks.

They are also perfect for those who prefer snacks made from non-animal sources. These snacks are free of chemicals, allergens, and gluten. The discovery of a variety of plant compounds in seaweed snacks works to boost their popularity because they collectively have a potent antioxidant effect.

Global Seaweed Snacks Market

However, a lack of awareness among people regarding the availability of a wide range of seaweed snacks in the market is likely to restrain the global market growth. Despite growing health consciousness among consumers, people are not able to get the right product like Seaweed snacks, which in turn is likely to hamper the growth of the global market.

The prevalence of thyroid dysfunction among people worldwide is rising, which will increase market expansion prospects. Iodine and amino acids found in seaweed snacks will help the thyroid gland to operate properly. Additionally, it contains fiber, which improves gut health and aids in weight loss. Additionally, seaweed snacks reduce blood pressure, cholesterol, and the danger of blood clots.

The global Seaweed Snacks market is segmented based on type, source, distribution channel, and region.

The market can be divided into online specialty shops, convenience stores, and hypermarkets based on the distribution channel. Because specialty shops provide excellent customer service, thorough product specifications, and customer guidance, they hold the largest market share for seaweed snacks globally. Furthermore, these stores actively promote the sales of their private and international level branches.

Due to the significant consumer demand in the region, the Asia Pacific region holds the highest share of the global market for seaweed snacks. Additionally, improved living standards and an increase in disposable income will certainly accelerate regional market expansion. Due to the existence of significant market leaders in the region, North America is anticipated to experience the fastest growth in the global market. Additionally, the regional market will grow even more as a result of growth initiatives taken by top industry players, such as product innovations.

List of prominent players in the global seaweed snacks market

  • 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
  • Others      

Recent Developments:

  • In March 2020, Gimme Health Foods Inc., launched its new sea salt & avocado oil roasted flavor. It is inspired by consumer trends and the health benefits of these snacks.
  • In September 2018, Nora Snacksa subsidiary of Taokaenoi Food & Marketing PCL, launched a range of seaweed chips in the U.S. The company introduced seaweed snacks through Amazon and other online stores.

This review is based on a report by Zion Market Research, titled Seaweed Snacks Market By Distribution Channel (Hypermarkets, Specialty Stores, Convenience Store, And Online), By Source (Red, Brown, And Green), By Type (Nori Sheets, Flakes, Bars, Chips, And Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028.”- Report at https://www.zionmarketresearch.com/report/seaweed-snacks-market

Global seaweed snacks market is segmented as follows:

By Distribution Channel

  • Hypermarkets & Supermarket
  • Convenience Store
  • Specialty Stores
  • Online

By Source

  • Red
  • Brown
  • Green

By Type

  • Nori sheets
  • Flakes
  • Bars
  • Chips

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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