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Europe Kelp Product Market Size, Share & Trends Analysis Report By Form (Powder, Liquid, and Flakes), By Application (Agriculture, Food, Pharmaceuticals and Others), By Type (Fresh, Dried and Salted), By Country and Growth Forecast, 2024 - 2031

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    Report

  • May 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5976281
The Europe Kelp Product Market would witness market growth of 5.2% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 2,185.61 Tonnes, showcasing a growth of 11.4% (2020-2023).

Fresh kelp, harvested directly from coastal waters, offers a premium source of vitamins, minerals, and trace elements, including iodine, potassium, and calcium. It is prized for its crisp texture, briny taste, and vibrant color, making it a versatile ingredient in various culinary dishes, such as salads, sushi, stir-fries, and soups. Fresh kelp is also used in cosmetic formulations and spa treatments for its hydrating, detoxifying, and skin-nourishing properties. Therefore, the UK market utilized 224.40 Tonnes of fresh kelp by type in the market in 2023.



The Germany market dominated the Europe Kelp Product Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $52.3 million by 2031. The UK market is exhibiting a CAGR of 4.2% during (2024 - 2031). Additionally, The France market would experience a CAGR of 5.8% during (2024 - 2031).

The kelp product market is also witnessing significant investment and research initiatives to unlock this marine resource's full potential. As scientific understanding of kelp's bioactive compounds and ecological significance deepens, innovation and product diversification opportunities continue to emerge. Moreover, collaborations between industry stakeholders, academia, and environmental organizations are driving advancements in kelp cultivation techniques, ensuring sustainable harvesting practices and safeguarding marine ecosystems.

Additionally, ongoing research and development efforts focused on improving kelp cultivation techniques, processing methods, and product innovation drive the expansion of the kelp product market by introducing new and improved kelp-derived products. Government policies and incentives that promote sustainable aquaculture practices, research and development in kelp cultivation, and public education about the benefits of seaweed consumption can facilitate the growth of the kelp industry.
Several factors, including the significant pharmaceutical spending in countries like Russia, Spain, and the UK, influence Europe's expanding kelp product market. Kelp, known for its potential benefits in weight management and metabolic health, could find a receptive market among consumers looking for natural solutions to address these health issues. These factors indicate a growing demand for kelp-based products in the region, particularly in the pharmaceutical and healthcare sectors. Hence, the region will present lucrative growth opportunities for the market.

Based on Form, the market is segmented into Powder, Liquid, and Flakes. Based on Application, the market is segmented into Agriculture, Food, Pharmaceuticals and Others. Based on Type, the market is segmented into Fresh, Dried and Salted. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • Seasol International Pty Ltd.
  • Cargill, Incorporated
  • CP Kelco
  • Groupe Roullier
  • Acadian Seaplants Limited
  • Gelymar SA (Algina Inversiones SA)
  • DuPont de Nemours, Inc.
  • Brandt, Inc.
  • COMPO Group
  • Wild Irish Seaweeds Ltd.

Market Report Segmentation

By Form (Volume, Tonnes, USD Billion, 2020-31)
  • Powder
  • Liquid
  • Flakes
By Application (Volume, Tonnes, USD Billion, 2020-31)
  • Agriculture
  • Food
  • Pharmaceuticals
  • Others
By Type (Volume, Tonnes, USD Billion, 2020-31)
  • Fresh
  • Dried
  • Salted
By Country (Volume, Tonnes, USD Billion, 2020-31)
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Kelp Product Market, by Form
1.4.2 Europe Kelp Product Market, by Application
1.4.3 Europe Kelp Product Market, by Type
1.4.4 Europe Kelp Product Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Europe Kelp Product Market by Form
4.1 Europe Powder Market by Country
4.2 Europe Liquid Market by Country
4.3 Europe Flakes Market by Country
Chapter 5. Europe Kelp Product Market by Application
5.1 Europe Agriculture Market by Country
5.2 Europe Food Market by Country
5.3 Europe Pharmaceuticals Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Kelp Product Market by Type
6.1 Europe Fresh market by Country
6.2 Europe Dried Market by Country
6.3 Europe Salted Market by Country
Chapter 7. Europe Kelp Product Market by Country
7.1 Germany Kelp Product Market
7.1.1 Germany Kelp Product Market by Form
7.1.2 Germany Kelp Product Market by Application
7.1.3 Germany Kelp Product Market by Type
7.2 UK Kelp Product Market
7.2.1 UK Kelp Product Market by Form
7.2.2 UK Kelp Product Market by Application
7.2.3 UK Kelp Product Market by Type
7.3 France Kelp Product Market
7.3.1 France Kelp Product Market by Form
7.3.2 France Kelp Product Market by Application
7.3.3 France Kelp Product Market by Type
7.4 Russia Kelp Product Market
7.4.1 Russia Kelp Product Market by Form
7.4.2 Russia Kelp Product Market by Application
7.4.3 Russia Kelp Product Market by Type
7.5 Spain Kelp Product Market
7.5.1 Spain Kelp Product Market by Form
7.5.2 Spain Kelp Product Market by Application
7.5.3 Spain Kelp Product Market by Type
7.6 Italy Kelp Product Market
7.6.1 Italy Kelp Product Market by Form
7.6.2 Italy Kelp Product Market by Application
7.6.3 Italy Kelp Product Market by Type
7.7 Rest of Europe Kelp Product Market
7.7.1 Rest of Europe Kelp Product Market by Form
7.7.2 Rest of Europe Kelp Product Market by Application
7.7.3 Rest of Europe Kelp Product Market by Type
Chapter 8. Company Profiles
8.1 Cargill, Incorporated
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Partnerships, Collaborations, and Agreements:
8.1.2.2 Acquisition and Mergers:
8.2 CP Kelco U.S., Inc. (J.M. HUBER)
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 DuPont de Nemours, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 Groupe Roullier
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Acadian Seaplants Limited
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Gelymar SA (Algina Inversiones SA)
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Seasol International Pty Ltd.
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 COMPO Group
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Brandt, Inc.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Wild Irish Seaweeds Ltd.
8.10.1 Company Overview
8.10.2 SWOT Analysis

Companies Mentioned

  • Seasol International Pty Ltd.
  • Cargill, Incorporated
  • CP Kelco
  • Groupe Roullier
  • Acadian Seaplants Limited
  • Gelymar SA (Algina Inversiones SA)
  • DuPont de Nemours, Inc.
  • Brandt, Inc.
  • COMPO Group
  • Wild Irish Seaweeds Ltd.

Methodology

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