Report Ocean has recently published a new research study on the global seaweed snack market. The report is titled “Seaweed Snacks Market by Type (Nori Sheets, Flakes, Bars, Chips, and Others), Source (Red, Brown, and Green), and Distribution Channel (Hypermarkets & Supermarket, Convenience Store, Specialty Stores, and Online): Global Opportunity Analysis and Industry Forecast, 2021–2027,” and offers a detailed analysis of this market on the basis of its past and current performance.
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According to the research report, the worldwide market for seaweed snacks market reached a valuation of US$1.32 bn in 2019. Expanding at a CAGR of 9.60% during the period from 2021 to 2027, the market is likely to garner US$2.90 bn by the end of the forecast period.
Seaweed snacks are salty snacks and are popular in plant-based diets. Since these are a unique vegan source of essential amino acids, the rising trend of veganism has fueled their demand to a great extent. Also, as seaweed is an abundant, carbon-negative food source, that is, it does not require water or fertilizer to harvest, it is an ideal yield for eco-conscious consumers. Seaweed absorbs nutrients from the seabed, which makes this marine vegetable bursting with even more nutrients and vitamins than mainland-grown fruits and veggies. It contains both, soluble and insoluble fiber, which makes it a great prebiotic source to support gut health. All these factors and an increase in the awareness regarding the health benefits of seaweed among consumers have boosted the growth of the global seaweed snacks market.
Going forward, the significant increase in the vegan population is projected to propel the demand for seaweed snacks in the years to come. Several countries, such as Canada, have surfaced as the key ground for vegans and are encouraging people to avoid animal products use healthier and cleaner naturally prepared seaweed snacks. Apart from this, the surge in the launch of new flavors and seaweed snacks with added nutrition are also expected to support the growth of this market in the near future.
Impact of Covid 19 on Global Seaweed Snacks Market
The outbreak of coronavirus has severely impacted the functionality of a modern society. Seaweed snacks got immense popularity due to the café culture of and small eateries. However, with the restrictions on operations of restaurants and food joints, the demand of seaweed snacks has taken a toll across the world. The disruption in supply chain has also hampered this market substantially. Nonetheless, once the restrictions are lifted as the pandemic begins to slowdown, the market will gradually recover.
Demand for Nori Sheets to Remain High
In this research study, the global seaweed snacks market has been classified on the basis of the type, source, distribution channel, and the region. Based on the type, the market has been categorized into nori sheets, flakes, bars, chips, and others. The demand for nori sheets is relatively higher than other types of seaweed snacks. Researchers expect this scenario to remain so over the next few years.
The sources covered in the study include brown, red, and green. In terms of the distribution channel, the market has been categorized into hypermarkets & supermarket, convenience store, specialty stores, and online retail. Based on the region, North America, Europe, Asia Pacific, and LAMEA have emerged as the key regional markets for seaweed snacks. Among these, Asia Pacific has acquired the leading position and is expected to retain it over the forecast period.
Key Findings:
The global seaweed snacks market into:
By Type
By Source
By Distribution Channel
By Region
Companies Mentioned in the Report
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TABLE OF CONTENT
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.Key findings
2.2.1.Top investment pockets
2.3.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Porter’s five forces analysis
3.3.Top player positioning, 2019
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1.Attractive nutritional profile of seaweed snacks
3.4.1.2.Growth in vegan population
3.4.1.3.Rising health awareness among consumer
3.4.1.4.Development in the retail structure
3.4.2.Restraint
3.4.2.1.High cost of production
3.4.2.1.Volatility in the prices of seaweed
3.4.3.Opportunities
3.4.3.1.Opportunities in the unpenetrated and under penetrated developing countries
3.5.Value chain analysis
CHAPTER 4:SEAWEED SNACKS MARKET, BY TYPE
4.1.Overview
4.1.1.Market size and forecast
4.2.Nori sheets
4.2.1.Overview
4.2.2.Key market trends, growth factors, and opportunities
4.2.3.Market size and forecast
4.3.Flakes
4.3.1.Overview
4.3.2.Key market trends, growth factors, and opportunities
4.3.3.Market size and forecast
4.4.Bars
4.4.1.Overview
4.4.2.Key market trends, growth factors, and opportunities
4.4.3.Market size and forecast
4.5.Chips
4.5.1.Overview
4.5.2.Key market trends, growth factors, and opportunities
4.5.3.Market size and forecast
4.6.Others
4.6.1.Overview
4.6.2.Key market trends, growth factors, and opportunities
4.6.3.Market size and forecast
CHAPTER 5:SEAWEED SNACKS MARKET, BY SOURCE
5.1.Overview
5.1.1.Market size and forecast
5.2.Red
5.2.1.Overview
5.2.2.Key market trends, growth factors, and opportunities
5.2.3.Market size and forecast
5.3.Brown
5.3.1.Overview
5.3.2.Key market trends, growth factors, and opportunities
5.3.3.Market size and forecast
5.4.Green
5.4.1.Overview
5.4.2.Key market trends, growth factors, and opportunities
5.4.3.Market size and forecast
CHAPTER 6:SEAWEED SNACKS MARKET, BY DISTRIBUTION CHANNEL
6.1.Overview
6.1.1.Market size and forecast
6.2.Hypermarkets & Supermarket
6.2.1.Overview
6.2.2.Key market trends, growth factors, and opportunities
6.2.3.Market size and forecast
6.3.Convenience Store
6.3.1.Overview
6.3.2.Key market trends, growth factors, and opportunities
6.3.3.Market size and forecast
6.4.Specialty Stores
6.4.1.Overview
6.4.2.Key market trends, growth factors, and opportunities
6.4.3.Market size and forecast
6.5.Online
6.5.1.Overview
6.5.2.Key market trends, growth factors, and opportunities
6.5.3.Market size and forecast
CHAPTER 7:SEAWEED SNACKS MARKET, BY REGION
7.1.Overview
7.1.1.Market size and forecast
7.2.North America
7.2.1.Overview
7.2.2.Key market trends, growth factors, and opportunities
7.2.3.Market size and forecast, by type
7.2.4.Market size and forecast, by source
7.2.5.Market size and forecast, by distribution channel
7.2.6.Market size and forecast, by country
7.2.6.1.U.S.
7.2.6.1.1.Market size and forecast, by type
7.2.6.1.2.Market size and forecast, by source
7.2.6.1.3.Market size and forecast, by distribution channel
7.2.6.2.Canada
7.2.6.2.1.Market size and forecast, by type
7.2.6.2.2.Market size and forecast, by source
7.2.6.2.3.Market size and forecast, by distribution channel
7.2.6.3.Mexico
7.2.6.3.1.Market size and forecast, by type
7.2.6.3.2.Market size and forecast, by source
7.2.6.3.3.Market size and forecast, by distribution channel
7.3.Europe
7.3.1.Overview
7.3.2.Key market trends, growth factors, and opportunities
7.3.3.Market size and forecast, by type
7.3.4.Market size and forecast, by source
7.3.5.Market size and forecast, by distribution channel
7.3.6.Market size and forecast, by country
7.3.6.1.UK
7.3.6.1.1.Market size and forecast, by type
7.3.6.1.2.Market size and forecast, by source
7.3.6.1.3.Market size and forecast, by distribution channel
7.3.6.2.France
7.3.6.2.1.Market size and forecast, by type
7.3.6.2.2.Market size and forecast, by source
7.3.6.2.3.Market size and forecast, by distribution channel
7.3.6.3.Netherlands
7.3.6.3.1.Market size and forecast, by type
7.3.6.3.2.Market size and forecast, by source
7.3.6.3.3.Market size and forecast, by distribution channel
7.3.6.4.Germany
7.3.6.4.1.Market size and forecast, by type
7.3.6.4.2.Market size and forecast, by source
7.3.6.4.3.Market size and forecast, by distribution channel
7.3.6.5.Turkey
7.3.6.5.1.Market size and forecast, by type
7.3.6.5.2.Market size and forecast, by source
7.3.6.5.3.Market size and forecast, by distribution channel
7.3.6.6.Rest of Europe
7.3.6.6.1.Market size and forecast, by type
7.3.6.6.2.Market size and forecast, by source
7.3.6.6.3.Market size and forecast, by distribution channel
7.4.Asia-Pacific
7.4.1.Overview
7.4.2.Key market trends, growth factors, and opportunities
7.4.3.Market size and forecast, by type
7.4.4.Market size and forecast, by source
7.4.5.Market size and forecast, by distribution channel
7.4.6.Market size and forecast, by country
7.4.6.1.China
7.4.6.1.1.Market size and forecast, by type
7.4.6.1.2.Market size and forecast, by source
7.4.6.1.3.Market size and forecast, by distribution channel
7.4.6.2.Japan
7.4.6.2.1.Market size and forecast, by type
7.4.6.2.2.Market size and forecast, by source
7.4.6.2.3.Market size and forecast, by distribution channel
7.4.6.3.South Korea
7.4.6.3.1.Market size and forecast, by type
7.4.6.3.2.Market size and forecast, by source
7.4.6.3.3.Market size and forecast, by distribution channel
7.4.6.4.Australia
7.4.6.4.1.Market size and forecast, by type
7.4.6.4.2.Market size and forecast, by source
7.4.6.4.3.Market size and forecast, by distribution channel
7.4.6.5.Rest of Asia-Pacific
7.4.6.5.1.Market size and forecast, by type
7.4.6.5.2.Market size and forecast, by source
7.4.6.5.3.Market size and forecast, by distribution channel
7.5.LAMEA
7.5.1.Overview
7.5.2.Key market trends, growth factors, and opportunities
7.5.3.Market size and forecast, by type
7.5.4.Market size and forecast, by source
7.5.5.Market size and forecast, by distribution channel
7.5.6.Market size and forecast, by country
7.5.6.1.Brazil
7.5.6.1.1.Market size and forecast, by type
7.5.6.1.2.Market size and forecast, by source
7.5.6.1.3.Market size and forecast, by distribution channel
7.5.6.2.South Africa
7.5.6.2.1.Market size and forecast, by type
7.5.6.2.2.Market size and forecast, by source
7.5.6.2.3.Market size and forecast, by distribution channel
7.5.6.3.United Arab Emirates
7.5.6.3.1.Market size and forecast, by type
7.5.6.3.2.Market size and forecast, by source
7.5.6.3.3.Market size and forecast, by distribution channel
7.5.6.4.Rest of LAMEA
7.5.6.4.1.Market size and forecast, by type
7.5.6.4.2.Market size and forecast, by source
7.5.6.4.3.Market size and forecast, by distribution channel
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