The Europe Seaweed Snacks Market would witness market growth of 12.8% CAGR during the forecast period (2020-2026).
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. Moreover, the introduction of different flavors like wasabi, Korean BBQ, teriyaki, sweet onion, and chili lime, is estimated to attract more consumers to the market in the coming years.
Salty snacks are the famous and common vegan products that are rich in essential amino acids. In addition to it, the seaweed has a sufficient carbon-negative food source which is excellent for the people adopting a vegan lifestyle. Seaweed helps in absorbing nutrients from the seabed, which makes the marine vegetable filled with more nutrients and vitamins. Seaweed consists of both kinds of fiber; the soluble and the insoluble ones that make them a good prebiotic option for improving gut health. Both kinds of fiber have certain sugars known as sulfated polysaccharides that increases the growth of good gut bacteria to enhance the gut health. These fibers also help in raising the production of some fatty acids that offer support and nourishment to the body.
Owing to the high amount of alginate in the seaweed product which helps in losing weight, is expected to flourish the demand for seaweed snacks market. Moreover, the application of seaweed in the production of biofuels, water waste management, and biomass also leads to the high demand for seaweed in the market. Due to the nutritional values of seaweed extracts, the demand for seaweed snacks market is expected to boost in the forecast years.
Based on Product, the market is segmented into Strips & Chips, Flakes, Bars and Other Products. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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).
Scope of the Study
Market Segments covered in the Report:
- Strips & Chips
- Other Products
By Distribution Channel
- Rest of Europe
- 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)
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