United States Seaweed Fertilizers Market Size, Share, and COVID-19 Impact Analysis, By Form (Powder and Liquid), By Application (Farm and Garden), and U.S. Seaweed Fertilizers Market Insights, Industry Trend, Forecasts to 2033.

United States Seaweed Fertilizers Market Insights Forecasts to 2033

• The United States Seaweed Fertilizers Market Size was valued at USD 8.37 Million in 2023.
• The Market Size is Growing at a CAGR of 5.9% from 2023 to 2033
• The USA Seaweed Fertilizers Market Size is Expected to Reach USD 14.85 Million by 2033

The United States Seaweed Fertilizers Market Size is anticipated to reach USD 14.85 Million by 2033, growing at a CAGR of 5.9% from 2023 to 2033.

Market Overview

Seaweed fertilizers are used in agriculture to improve soil quality, stimulate plant growth, and increase crop yield. They are environmentally friendly options to synthetic fertilizers, and they provide advantages of natural nutrients, trace minerals, and growth promoters. This increase in growth is greatly associated with the growing consumer demand for organically grown food, increased environmental awareness, and governmental campaigns encouraging the use of natural fertilizers. Moreover, the farm revolution within the U.S. is likely to favor great producers of fertilizers that contain natural ingredients. However, due to launching a huge number of products in the past few years, the farmers are required to be informed about the advantages of these products. Furthermore, the market positioning strategy pursued by industry players is likely to be a key driver for propelling the demand during the forecast period.

Report Coverage

This research report categorizes the market for the U.S. seaweed fertilizers market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the U.S. seaweed fertilizers market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the U.S. seaweed fertilizers market.

Driving Factors

Increased research and product development focused on developing products that are appropriate for large-scale use are likely to be key drivers of future demand. The increase in imports is also likely to be highly reliant on the expansion of organic farming in the nation. Organic farmers have increased in the last three years, which is a huge opportunity for the domestic producers of seaweed fertilizers.

Restraining Factors

Seaweed fertilizers tend to be more costly than synthetic ones. The increased cost of production and processing can restrict their uptake, particularly by cost-conscious farmers who might prefer lower-cost, synthetic products.

Market Segmentation

The U.S. seaweed fertilizers market share is classified into form and application.

• The liquid segment accounted for the largest market share in 2023 and is expected to grow at a significant CAGR during the forecast period.

The U.S. seaweed fertilizers market is segmented by form into powder and liquid. Among these, the liquid segment accounted for the largest market share in 2023 and is expected to grow at a significant CAGR during the forecast period. The growth is driven because liquid seaweed products are gaining popularity because of ease of use, where the liquid is incorporated into watering systems and sprayed evenly onto the plants to enhance their growth, while utility of these fertilizer flakes form part of regular farming routine.

• The farms segment accounted for the leading revenue share in 2023 and is expected to grow at a remarkable CAGR during the forecast period.

The U.S. seaweed fertilizers market is segmented by application into farm and garden. Among these, the farms segment accounted for the leading revenue share in 2023 and is expected to grow at a remarkable CAGR during the forecast period. The growth of the segment is attributed to regular surveillance of agrochemicals applied in the country along with growing product innovations conducted by crop care chemical and fertilizer-producing firms such as seaweed fertilizer producers. The grow-your-own-food trend has resulted in the agricultural revolution of the nation, which has encouraged the use of different organic products in everyday activities.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the U.S. seaweed fertilizers market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• SeaNutri LLC
• Plan B Organics
• Kelpak
• Dr. Earth Inc.
• Espoma
• FoxFarm Fertilizers, LLC
• Grow More Inc.
• Hydrofarm LLC
• Maxicrop USA, Inc.
• KIS Organics
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at U.S., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the U.S. seaweed fertilizers market based on the below-mentioned segments:

U.S. Seaweed Fertilizers Market, By Form

• Liquid
• Powder

U.S. Seaweed Fertilizers Market, By Application

• Farm
• Garden