The Global Seaweeds market size is USD 6.8 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 9.20% from 2023 to 2030.
The demand for food and beverages, cosmetics & personal care is rising due to the growing need for protein.
Demand for cosmetic & personal care remains higher due to the growing consumer expectations for natural ingredients in personal care products.
The increasing demand for genuine and organic cosmetics and personal care items is anticipated to be a major development driver for the industry’s increased market revenue share in 2023.
Asia-Pacific will continue to lead, whereas the North American cosmetic & personal care market will experience the strongest growth until 2030.