The Latin America, Middle East and Africa Seaweed Snacks Market would witness market growth of 14.2% CAGR during the forecast period (2020-2026). The rising adoption of animal-free products among people around the globe helps in boosting the growth of the market. This shift of the consumers towards the vegan culture has opened up many profitable opportunities for the market players of seaweed snacks. A vegan lifestyle promotes the usage of plant-based products in the daily routine. People around the globe are living a healthy and vegan life which promotes the usage of vegan food products and hence, will drive the growth of the seaweed snacks market during the forecast period.
These days, people are becoming more aware of the health-giving benefits of a vegan diet, hence there is a substantial increment in the number of people adopting a vegan diet. A well-organized, balanced vegan diet is considered ideal to meet all demands of nutrients across different phases of human life such as pregnancy, lactation, infancy, childhood, and adolescence. When people follow the vegan diet properly, a vegan diet can be extremely nutritious, decrease the probabilities of chronic diseases, and help in weight reduction.
Seaweed snacks are a rich source of vitamins, iodine, antioxidants, folic acid, minerals, fiber, protein, potassium, calcium, and omega-3 fatty acids. These nutrients help consumers to fulfil the nutritional requirement of the body without taking any animal based product. All these nutrients provide health benefits like weight loss, enhancing gut health, and improve the functioning of thyroid glands. Additionally, the nature of seaweed products is gluten-free, GMOs free and allergens free, which further increase the health benefits of the seaweed snacks. The nutritional value of seaweed snacks helps in boosting the growth of the 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Seaweed Snacks Market in LAMEA is expected to register a CAGR of 14.2% during the forecast period (2020-2026)
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).
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