North America Seaweed Snacks Market By Product (Strips & Chips, Flakes, Bars and Other Products), By Distribution Channel (Offline and Online), By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The North America Seaweed Snacks Market would witness market growth of 11.7% CAGR during the forecast period (2020-2026). Seaweeds are the richest source of vitamins, antioxidants, minerals, iodine, fiber, folic acid, potassium, protein, omega-3 fatty acid, and calcium. These nutrients provide various health benefits like improvement in gut health, reduces cholesterol level, and enhances performance of the thyroid gland to the person who consumes seaweed products. Moreover, the seaweed products are naturally free from Genetically Modified Organism (GMOs), gluten, and allergens that boost the demand for the seaweed product in the market. Seaweed snacks are available in different varieties, under which, the strips and chips product are majorly available.
The increasing demand for healthy food products among consumers will drive the growth of the market over the forecast years. The nutrition in these healthy products attracts more consumers to adopt a healthy diet. Moreover, these products complement the increasing trend of ‘free-from’ food products due to the absence of gluten, allergens, and GMOs. Therefore, the shifting preference of consumers towards healthy foods is estimated to propel the demand for seaweed products during the forecast period.
With the shifting lifestyles and increasing modernization, health issues gained consider attention of the consumers. People realized the importance of maintaining a healthy lifestyle, which helps in driving the growth of the seaweed snacks market. The health benefits of seaweed snacks promote a healthier lifestyle and hence help to cope up with the health concerns of the consumers. Seaweed snacks offer a wide variety of nutrients and also acts as a substitute for unhealthy high-calorie snacks. Many regions of the world have witnessed the rising adoption of the seaweed snacks market due to the increasing cases of obesity and other health issues, which further boosts the growth of the seaweed market.
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 U.S., Mexico, Canada, and Rest of North America.
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 North America
Key Market Players
List of Companies Profiled in the Report:
- 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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