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Seafood Extracts Market, Business Will Grow in 2026, Prominent Players: Mitsubishi International Polymer Trade Corporation., ARIAKE, Nikken Foods USA, Activ International Group, North Marine Ingredients

03-04-2020 03:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Seafood Extracts Market

Seafood Extracts Market

Seafood extract is a natural product obtained from different sources of seafood such as cod, pollock, shrimp, and lobster. Seafood and fish products have recently gained immense momentum as healthier alternatives to meat. They are not only considered as a healthy food for humans but are also used as taste enhancers in food. They are available in several forms such as powder, paste, and oil. Seafood extracts have numerous applications across multiple industries including food industry, cosmetics industry, pharmaceutical industry, and agriculture industry.

Cod liver oil obtained from fish is considered very beneficial for the growth of bones and development of immune system. With the increase in health consciousness among consumers, the demand for naturally extracted supplements is on the rise. This has positively driven the market for seafood extracts.

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In addition, use of seafood extracts in manufacturing cosmetic products is mostly influenced since consumers today are more inclined toward products made with natural ingredients. This factor has primarily boosted the demand for seafood extracts. However, with the depleting marine resources due to the pressure of heavy demand, the prices of raw materials experience flux.

The use of seafood extracts as food ingredients in making sauces, dips, flavorings, and others can be viewed as an opportunity by the manufacturers as consumers are increasingly preferring food items prepared with natural ingredients as compared to artificial.

The market is segmented on the basis of product type, application, and region. By product type, it is classified into crab extract, codfish extract, lobster extract, shrimp extract, anchovy extract, and clam extract. On the basis of application, it is categorized into food industry, cosmetics industry, pharmaceutical industry, and agriculture industry. By region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

o The report provides an in-depth analysis of the current trends, drivers, and dynamics of the seafood extracts market to elucidate the prevailing opportunities and tap the investment pockets.
o It offers qualitative trends as well as quantitative analysis of the global market from 2019 to 2026 to assist stakeholders to understand the market scenario.
o In-depth analysis of the key segments demonstrates the types of seafood extracts and their applications.
o Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
o Key market players are profiled to understand the competitive outlook of the market.

Major Players: Mitsubishi International Polymer Trade Corporation., ARIAKE, Nikken Foods USA, Activ International Group, North Marine Ingredients, SUBONEYO Chemicals Pharmaceuticals P Limited, Kanegrade Ltd, Arjuna Natural Pvt Ltd, Lsi hf., and Norwegian Fish Oil AS.

For more Market Insights, Visit: https://www.alliedmarketresearch.com/seafood-extracts-market

Key market segments

By Product Type
o Crab Extract
o Codfish Extract
o Lobster Extract
o Shrimp Extract
o Anchovy Extract
o Clam Extract

By Application
o Food Industry
o Cosmetics Industry
o Pharmaceutical Industry
o Agriculture Industry

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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