According to a new report Global Seaweed Snacks Market, published by KBV research, The Global Seaweed Snacks Market size is expected to reach $3 billion by 2026, rising at a market growth of 13.2% CAGR during the forecast period.
The Strips & Chips market dominated the Global Seaweed Snacks Market by Product in 2019. The most common product of seaweed snacks is the Nori strips and dried or roasted seaweed strips, which are widely available in the market. These sheets or nori strips are low in calories and have more nutrients which make them a healthy substitute over the high-calorie chips.
The bar snacks category is estimated to record the highest CAGR during the forecast period. In the last few years, nutrition bars have gained substantial traction among consumers. The seaweed bars or squares come in sweet and salty flavors mixed with other ingredients like cereals, sesame seeds, or even chocolates.
The Offline market dominated the Global Seaweed Snacks Market by Distribution Channel in 2019, growing at a CAGR of 12.9 % during the forecast period. The Online market is estimated to grow at a CAGR of 14.7% during (2020 - 2026).
The Asia Pacific region dominated the seaweed snacks market in the last few years. Countries like China, Japan, Thailand, and South Korea are the main regions that contributed substantially to the growth of the regional seaweed snacks market.
It is because of the fact that the above-mentioned countries use seaweed products as their staple food. The regional market has a broad range of seaweed snacks regarding different flavors and textures. The North America market is poised to grow at a CAGR of 11.7% during (2020 - 2026). Additionally, The Europe market would showcase a CAGR of 12.8% during (2020 - 2026).
Full Report: https://www.kbvresearch.com/seaweed-snacks-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of PepsiCo, Inc., CJ CheilJedang Corporation (Annie Chun’s, Inc.), Taokaenoi Food & Marketing PCL, Gimme Health Foods, Inc., KwangCheon Kim Co., Ltd. (Kimnori USA, Inc.), SeaSnax, New Frontier Foods, Inc. (Ocean's Halo), KPOP Foods, Inc., Eden Foods, Inc., and Singha Corporation Co., Ltd. (Boon Rawd Brewery).
Global Seaweed Snacks Market Segmentation
- Strips & Chips
- Other Products
By Distribution Channel
- Rest of North America
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
- PepsiCo, Inc.
- CJ CheilJedang Corporation (Annie Chun’s, Inc.)
- Taokaenoi Food & Marketing PCL
- Gimme Health Foods, Inc.
- KwangCheon Kim Co., Ltd. (Kimnori USA, Inc.)
- New Frontier Foods, Inc. (Ocean's Halo)
- KPOP Foods, Inc.
- Eden Foods, Inc.
- Singha Corporation Co., Ltd. (Boon Rawd Brewery)