Seaweed Biofertilizers Market
Seaweed Biofertilizers Market Analysis By Form (Powder Seaweed Biofertilizer & Liquid Seaweed Biofertilizer) By Application (Farm, garden & Others) By Region – Global Market Insights 2022 to 2032
Analysis of Seaweed Biofertilizers market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Seaweed Bio-fertilizers Market Outlook (2022 to 2032)
The global Seaweed Bio-fertilizers market is estimated at US$ 14.2 Mn in 2022 and is projected to reach a valuation of US$ 30.5 Mn by 2032, expanding at a CAGR of 8% through the forecast period of 2022 to 2032.
| Attribute | Details |
|---|---|
| Seaweed Bio-fertilizers Market Size (2021A) | US$ 13.5 Mn |
| Market Forecast Value (2032F) | US$ 30.5 Mn |
| Global Market Growth Rate (2022 to 2032) | 8% CAGR |
| North America Market Share | ~21.2% |
| Top 2 Seaweed Bio-fertilizers Manufacturers’ Market Share | ~36.7% |
| Key Companies Profiled | Fox Farm Soil & Fertilizer Co., Grow More Inc., Maxi Crop (UK) Limited Kelp Products International, Technaflora Plant Products Ltd., Zhejiang Dongyang Lianfeng Biological Technology Co., Ltd. |
The use of seaweed fertilizer may increase the resistance of plants to cold and extreme temperatures. The mineral, micronutrient, vitamin, and fatty acid content of this fertilizer is greater when compared to artificial fertilizers. It also has a larger percentage of organic matter. Because of these characteristics, Seaweed Bio-fertilizers promote plant and agricultural growth while maintaining or improving soil quality.
Growing awareness of the hazards of synthetically produced agrochemicals is anticipated to have an influence on the market for seaweed fertilisers, as organic fertilisers gain in importance as a consequence of growing awareness of the dangers of synthetically produced agrochemicals.
The rapid rise in health and environmental concerns associated with the demand for organic food, as well the rise in income levels, are also expected to act as key determinants favoring the growth of the Seaweed Bio-fertilizers market over a five-year period from 2022 to 2032, according to industry analysts.
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Seaweed Bio-fertilizers Consumption Analysis (2017 to 2021) Vs. Market Outlook (2022 to 2032)
As per the latest industry analysis by Fact.MR, market research and competitive intelligence provider, global Seaweed Bio-fertilizers consumption over the past half-decade increased at a CAGR of around 7.5%.
A compound annual growth rate (CAGR) of over 8% is expected for the worldwide Seaweed Bio-fertilizers market between 2022 and 2032, according to industry forecasts. The increased interest in seaweed as a food and feed source is the primary factor driving the industry's development. This has a direct effect on the acquisition of seaweed fertilizer, which will increase the demand for the global market in the global Seaweed Bio-fertilizers market in the years following decade.
In general, Seaweed Bio-fertilizers that are biologically active are high in organic as well as inorganic substances, such as auxins, cytokinin, gibberellins, complex sugars, and amino acids. These can also be used as growth stimulants for seaweeds, or even as a nitrogen source for them.
The presence of all of these nutrients ensures that seaweed develops appropriately, which will drive the growth of the global Seaweed Bio-fertilizers market over the next ten years, according to industry analysts.
Even though synthetic fertilizers have some negative effects on the environment and several countries have implemented regulations on the use of synthetic Seaweed Bio-fertilizers, which can only have a minor impact on the annual growth of the market.
However, continuous efforts from research organizations to develop fertilizers that are non-lethal and non-harmful to the environment will help to support the growth of the global Seaweed Bio-fertilizers market in the next five years.
Country Wise Analysis
Why is North America a Prominent Market for Seaweed Bio-fertilizers Sales?
Owing to its growing focus on bio-based agricultural methods, North America stands as the prominent market for Seaweed Bio-fertilizers. The growing consumer focus on food sources has led food producers to source select farm products from organic farmers. This has led to the surge in demand for bio-based agricultural inputs such as Seaweed Bio-fertilizers in North America.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Category Wise Analysis
Which form of Seaweed Bio-fertilizers is projected to hold the leading Market Share?
“Seaweed Bio-fertilizers as dry form Projected to Account for Larger Share”
As of 2021, Seaweed Bio-fertilizers in powder form were most popular on the worldwide market, accounting for more than 50% of total sales. Dry fertilizers are put on the land before planting in order to improve soil quality since they provide nutrients for a longer length of time than liquid fertilizers.
In comparison to their liquid counterparts, they have a longer shelf life and are simpler to store. Aside from that, the powder form improves the soil composition and facilitates nutrient absorption.
Which segment of Seaweed Bio-fertilizers is Set to Garner High Share?
“The growing applications of Seaweed Bio-fertilizers in the organic farming will drive the overall market “
Farm applications will continue to dominate the worldwide market in 2032, with a revenue share of more than 80%. In response to the increased demand for organic food and farming, organic treatments in agriculture, such as Seaweed Bio-fertilizers, have seen an increase in their use.
Due to its broad variety of uses, which include fruits, vegetables, and crops, as well as the fact that its usage enhances production, it is expected to become a more feasible alternative to synthetic fertilizers in the coming years.
As people have become more cognizant of the relevance of organic food in their lives, seaweed fertilizer has gained in importance in the last decade, not just on farms but also in gardens and other landscapes. Plant growth is aided with seaweed fertilizer, which is preferred above other organic fertilizers by gardeners since it contains critical nutrients for plant development and is less costly.
Competition Landscape
With the growing use of seaweed in a variety of applications, including fertilizers, the market is fiercely competitive. With rising demand from agricultural sector, competition is projected to heat up even further in the coming years.
Companies are likely to investigate expansion opportunities in important growth nations in Asia Pacific, where penetration is low. Dr. Earth, Kelpak, FoxFarm, Espoma, Grow More, Hydrofarm, Maxicrop, MAX SEA, and Technaflora Plant Products are some of the key participants in the seaweed fertilizer business.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Key Segments Covered in Seaweed Bio-fertilizers Industry Survey
-
By Form :
- Powder
- Liquid
-
By Application :
- Farm
- Garden
- Others
-
By Region :
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Australia
- Japan
- Indonesia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
- North America
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Form
- 5.1. Powder Seaweed Fertiliser
- 5.2. Liquid Seaweed Fertiliser
- 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
- 6.1. Farm
- 6.2. Garden
- 6.3. Other Applications
- 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
- 7.1. North America
- 7.2. Latin America
- 7.3. Europe
- 7.4. Asia Pacific
- 7.5. MEA
- 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 12. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 13. Key Countries Market Analysis
- 14. Market Structure Analysis
- 15. Competition Analysis
- 15.1. Dr. Earth
- 15.2. Kelpak
- 15.3. FoxFarm
- 15.4. Espoma
- 15.5. Grow More
- 15.6. Hydrofarm
- 15.7. Maxicrop
- 15.8. MAX SEA
- 15.9. Technaflora Plant Products
- 16. Assumptions & Acronyms Used
- 17. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01: Global Market Value (US$ Mn) Forecast by Region, 2017 to 2032
Table 02: Global Market Value (US$ Mn) Forecast by Form, 2017 to 2032
Table 03: Global Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 04: North America Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 05: North America Market Value (US$ Mn) Forecast by Form, 2017 to 2032
Table 06: North America Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 07: Latin America Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 08: Latin America Market Value (US$ Mn) Forecast by Form, 2017 to 2032
Table 09: Latin America Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 10: Europe Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 11: Europe Market Value (US$ Mn) Forecast by Form, 2017 to 2032
Table 12: Europe Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 13: Asia Pacific Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 14: Asia Pacific Market Value (US$ Mn) Forecast by Form, 2017 to 2032
Table 15: Asia Pacific Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 16: MEA Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 17: MEA Market Value (US$ Mn) Forecast by Form, 2017 to 2032
Table 18: MEA Market Value (US$ Mn) Forecast by Application, 2017 to 2032
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01: Global Market Value (US$ Mn) by Form, 2022 to 2032
Figure 02: Global Market Value (US$ Mn) by Application, 2022 to 2032
Figure 03: Global Market Value (US$ Mn) by Region, 2022 to 2032
Figure 04: Global Market Value (US$ Mn) Analysis by Region, 2017 to 2032
Figure 05: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 06: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 07: Global Market Value (US$ Mn) Analysis by Form, 2017 to 2032
Figure 08: Global Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 09: Global Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 10: Global Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 11: Global Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 12: Global Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 13: Global Market Attractiveness by Form, 2022 to 2032
Figure 14: Global Market Attractiveness by Application, 2022 to 2032
Figure 15: Global Market Attractiveness by Region, 2022 to 2032
Figure 16: North America Market Value (US$ Mn) by Form, 2022 to 2032
Figure 17: North America Market Value (US$ Mn) by Application, 2022 to 2032
Figure 18: North America Market Value (US$ Mn) by Country, 2022 to 2032
Figure 19: North America Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 22: North America Market Value (US$ Mn) Analysis by Form, 2017 to 2032
Figure 23: North America Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 24: North America Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 25: North America Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 26: North America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 27: North America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 28: North America Market Attractiveness by Form, 2022 to 2032
Figure 29: North America Market Attractiveness by Application, 2022 to 2032
Figure 30: North America Market Attractiveness by Country, 2022 to 2032
Figure 31: Latin America Market Value (US$ Mn) by Form, 2022 to 2032
Figure 32: Latin America Market Value (US$ Mn) by Application, 2022 to 2032
Figure 33: Latin America Market Value (US$ Mn) by Country, 2022 to 2032
Figure 34: Latin America Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 37: Latin America Market Value (US$ Mn) Analysis by Form, 2017 to 2032
Figure 38: Latin America Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 40: Latin America Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 41: Latin America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 43: Latin America Market Attractiveness by Form, 2022 to 2032
Figure 44: Latin America Market Attractiveness by Application, 2022 to 2032
Figure 45: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 46: Europe Market Value (US$ Mn) by Form, 2022 to 2032
Figure 47: Europe Market Value (US$ Mn) by Application, 2022 to 2032
Figure 48: Europe Market Value (US$ Mn) by Country, 2022 to 2032
Figure 49: Europe Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 50: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 51: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 52: Europe Market Value (US$ Mn) Analysis by Form, 2017 to 2032
Figure 53: Europe Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 54: Europe Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 55: Europe Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 56: Europe Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 57: Europe Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 58: Europe Market Attractiveness by Form, 2022 to 2032
Figure 59: Europe Market Attractiveness by Application, 2022 to 2032
Figure 60: Europe Market Attractiveness by Country, 2022 to 2032
Figure 61: Asia Pacific Market Value (US$ Mn) by Form, 2022 to 2032
Figure 62: Asia Pacific Market Value (US$ Mn) by Application, 2022 to 2032
Figure 63: Asia Pacific Market Value (US$ Mn) by Country, 2022 to 2032
Figure 64: Asia Pacific Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 65: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 66: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 67: Asia Pacific Market Value (US$ Mn) Analysis by Form, 2017 to 2032
Figure 68: Asia Pacific Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 69: Asia Pacific Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 70: Asia Pacific Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 71: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 72: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 73: Asia Pacific Market Attractiveness by Form, 2022 to 2032
Figure 74: Asia Pacific Market Attractiveness by Application, 2022 to 2032
Figure 75: Asia Pacific Market Attractiveness by Country, 2022 to 2032
Figure 76: MEA Market Value (US$ Mn) by Form, 2022 to 2032
Figure 77: MEA Market Value (US$ Mn) by Application, 2022 to 2032
Figure 78: MEA Market Value (US$ Mn) by Country, 2022 to 2032
Figure 79: MEA Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 80: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 81: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 82: MEA Market Value (US$ Mn) Analysis by Form, 2017 to 2032
Figure 83: MEA Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 84: MEA Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 85: MEA Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 86: MEA Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 87: MEA Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 88: MEA Market Attractiveness by Form, 2022 to 2032
Figure 89: MEA Market Attractiveness by Application, 2022 to 2032
Figure 90: MEA Market Attractiveness by Country, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the current worth of the Seaweed Bio-fertilizers market?
Currently, the global Seaweed Bio-fertilizers market is valued at US$ 13.5 Mn.
At what CAGR is demand for Seaweed Bio-fertilizers expected to rise?
Seaweed Bio-fertilizers’ consumption value is expected to increase at a CAGR of around 8% during the period 2022-2032.
How has the Seaweed Bio-fertilizers market performed over the past half-decade?
In terms of consumption value, Seaweed Bio-fertilizers increased at a CAGR of around 7.5% during 2017-2021.
How are key players strategizing in the market for Seaweed Bio-fertilizers?
Key Seaweed Bio-fertilizers suppliers can be mainly seen involved in innovation and R&D along with production capacity expansion.
Who are the prominent manufacturers of Seaweed Bio-fertilizers?
Top Seaweed Bio-fertilizers manufacturing companies are Fox Farm Soil & Fertilizer Co., Grow More Inc., Maxi crop (UK) Limited, Kelp Products International, Technaflora Plant Products Ltd., Zhejiang Dongyang Lianfeng Biological Technology Co., Ltd.
What is the scenario for the demand for Seaweed Bio-fertilizers in North America?
North America is estimated to hold around 21% share of the global Seaweed Bio-fertilizers market.
Seaweed Biofertilizers Market