Projected Compound Annual Growth Rate (CAGR) of 10.6% for the Seaweed Snacks Industry by 2034

In the ever-evolving world of food, seaweed snacks are making a splash, with several companies introducing new products to the market. Annie Chun's, Inc., BIBIGO, Blue Evolution, Eden Foods, and Emerald Cove have all expanded their product lines, offering consumers a variety of seaweed-based snacks.

The Asia-Pacific region dominates the seaweed snacks market, holding a significant 52.30% share and reaching a value of approximately $1.2 billion. The household segment, in particular, holds a dominant position, capturing an impressive share of over 67.30%.

One of the key drivers behind the growth of the seaweed snacks market is their popularity among health-conscious consumers. Seaweed snacks are low in calories and rich in nutrients, making them an attractive option for those seeking a healthier alternative to traditional snacks.

Beyond their nutritional benefits, seaweed snacks are also eco-friendly. They require no freshwater or fertilizers to grow, making them a sustainable choice for both consumers and producers.

Companies such as Blue Evolution, Eden Foods, and Emerald Cove have been recognised for their eco-friendly initiatives in the production of seaweed snacks. Blue Evolution, for instance, has received grants from the U.S. Department of Agriculture (USDA) to support its efforts in promoting seaweed as a climate-friendly crop.

Sustainable sourcing practices are also a priority for many companies in the seaweed snacks market. Annie Chun's, Inc., Blue Evolution, and Emerald Cove have partnered with eco-friendly seaweed farms to ensure that their products are sourced responsibly.

BIBIGO, another major player in the market, has been actively promoting its seaweed snack products in international markets, including the U.S. and Europe. The company, owned by CJ CheilJedang, introduced seaweed snacks under the label "BIBIGO Seaweed" in 2021.

Targeting health-conscious consumers, BIBIGO and Emerald Cove have specifically introduced new flavours and varieties to cater to diverse tastes. Emerald Cove, for example, has introduced flavours such as teriyaki and sriracha, while BIBIGO has focused on organic and non-GMO ingredients.

The global Seaweed Snacks Market is projected to reach approximately USD 6.3 billion by 2034, growing at a CAGR of 10.6% during the forecast period from 2025 to 2034. Supermarkets/Hypermarkets remain the leading distribution channel for seaweed snacks, capturing a significant market share of 47.30%.

Strips & Chips are a dominant force in the seaweed snacks market, capturing more than a 36.50% market share. However, the market is diverse, with a variety of flavours, brands, and sustainable initiatives driving its growth.

Seaweed snacks are not just a snack, they are a versatile culinary ingredient. Beyond being a crunchy addition to meals, seaweed is used as a topping for salads, soups, and rice dishes, enhancing meals with its umami flavour and crunchy texture.

With their health benefits, eco-friendly production, and versatile uses, it's no wonder that seaweed snacks are gaining popularity and set to continue their growth in the future.

Projected Compound Annual Growth Rate (CAGR) of 10.6% for the Seaweed Snacks Industry by 2034