Global Seaweed Snacks Market Size study, by Product (Strips & Chips, Flakes, Bars and Others), by Distribution Channel (Offline and Online) and Regional Forecasts 2020-2027

Global Seaweed Snacks Market is valued approximately at USD 1.48 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 10.8% over the forecast period 2020-2027. Seaweed snacks are small servings of food eaten between main meals, made from brown, red, and green seaweed. This snack contains potassium, copper, iodine, iron, magnesium, and calcium. Seaweed snacks contain organic ingredients in the food products, are high in fiber and vitamins such as A, B and E. Seaweed snacks are non-GMO ingredients that are gluten-free and are healthy for snacking, found in various forms such as packaged snack food and other processed food. Seaweed snacks are also getting more preference from consumer, who are seeking a better alternative for unhealthy snacks. The growing adoption of special diet plans to combat the health problem and increase in vegan consumers are the few factors responsible for growth of the market over the forecast period. For instance: according to Statista, the number of vegans in Great Britain was 150,000 in 2014 and has increased by 600,000 vegans in 2018. Moreover, the introduction of new product and other strategic alliance by the market player will foster the growth of the market. For instance: on 26th March 2020, GimMe Snacks launched new Sea Salt & Avocado Oil Roasted Seaweed Snack flavor to its existing product line of premium USDA Organic, Non-GMO, and Gluten Free products. However, the high cost of production and volatility in the prices of seaweed is the major factor restraining the growth of global Seaweed Snacks market during the forecast period.


The regional analysis of global Seaweed Snacks market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing health concerns along with rising cases of obesity have been fueling the demand for seaweed snacks in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
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

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Strips & Chips
Flakes
Bars
Others

By Distribution Channel:
Offline
Online

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Seaweed Snacks Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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