Press release
Seafood Extracts Market Poised for Growth, Projected at 5.3% CAGR Through 2031 - Analysis by TMR
Seafood Extracts Market
The global consumption of seafood extracts stood at 790,938 MT in 2021 and is projected to reach 1,185,135 MT by 2031, reflecting the expanding applications and consumer preference for seafood-derived functional ingredients.
Access an overview of significant conclusions from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=25751
Market Segmentation
The seafood extracts market can be segmented based on:
• Product Type: Fish extracts, seaweed extracts, shellfish extracts
• Application: Food & beverages, pharmaceuticals, cosmetics, animal feed, agriculture
• Form: Liquid, powder, paste
• Distribution Channel: Direct sales, retail, online platforms
Among these segments, the food industry accounts for a significant portion, valued at US$ 4,296.2 million in 2021 and expected to reach US$ 7,416.1 million by 2031. The growing preference for natural and functional ingredients in food processing is a major driver.
Regional Analysis
• North America: The U.S. holds a 73.25% market share in North America and is projected to reach US$ 2,328.5 million by 2031. The growing demand for functional foods and dietary supplements contributes to this dominance.
• East Asia: This region presents a high growth opportunity due to a strong demand for processed food. Countries like China, Japan, and South Korea are significant consumers of seafood extracts in various applications.
• Europe: The European market is driven by stringent food safety regulations and increased consumer awareness regarding natural ingredients.
• Rest of the World: Emerging markets in Latin America, the Middle East, and Africa are witnessing rising disposable income levels and shifting dietary preferences, further boosting demand.
Market Drivers and Challenges
Market Drivers:
1. Rising Demand for Natural Ingredients: The growing preference for clean-label products is driving the adoption of seafood extracts in the food and beverage industry.
2. Expansion in Functional Food & Nutraceuticals: The increasing awareness of health benefits associated with seafood-derived bioactive compounds is fueling market growth.
3. Utilization of Seafood Processing By-products: Companies are leveraging seafood by-products to minimize waste and enhance sustainability.
Challenges:
1. Fluctuations in Raw Material Availability: Seasonal variations and environmental concerns impact the consistent supply of seafood.
2. Regulatory Compliance: Stringent regulations regarding seafood processing and safety standards may pose challenges for market expansion.
3. High Processing Costs: The extraction and purification of bioactive compounds involve significant investments, potentially limiting market entry for new players.
Explore the highlights and essential data from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=25751
Market Trends
1. Consumer Preference for Innovative Food Products: The demand for unique flavors and functional properties in food is driving innovation in seafood extracts.
2. Expansion of Application Areas: Besides food and beverages, seafood extracts are finding increasing use in pharmaceuticals, cosmetics, and agriculture.
3. Superior Functional Traits of Bioactive Components: Omega-3 fatty acids, amino acids, and other bioactive compounds derived from seafood are gaining prominence due to their health benefits.
Competitive Landscape
Key market players are focusing on expanding their production capacities and strategic collaborations to strengthen their market presence.
Key Strategies Adopted by Market Players:
• CP Kelco expanded its partnership with Biesterfeld to enhance distribution in Europe.
• Acadian Seaplants has established manufacturing facilities in Canada and Europe to ensure quality control and quick processing.
• Mitsubishi Corporation and Givaudan S.A. are investing in R&D to develop innovative seafood-based ingredients.
Key Players in the Market:
• Acadian Seaplants Ltd.
• CP Kelco
• Del-Val Food Ingredients
• Givaudan S.A.
• Kakusan Foods Co., Ltd.
• Lysi hf
• Manidharma Biotech Private Limited
• Mitsubishi Corporation
• Nikken Foods Co., Ltd.
• North American Kelp
• North Marine Ingredients
• Norway Seaweed
• PT. Jinyoung
• Suboneyo Chemicals Pharmaceuticals (P) Limited
• Valagro
Future Outlook
The seafood extracts market is poised for robust growth, driven by increasing consumer awareness and the expansion of application areas. Key industry trends such as sustainable seafood sourcing, innovations in seafood-derived bioactive compounds, and advancements in processing technologies are expected to shape the future landscape. Market players need to focus on research, product innovation, and sustainability initiatives to stay competitive.
Key Market Study Points
• Market valuation and projected growth (CAGR 5.3% from 2022 to 2031)
• Regional market dynamics, with North America and East Asia leading growth
• Expanding applications in food, pharmaceuticals, cosmetics, and agriculture
• Challenges such as regulatory hurdles and raw material price fluctuations
• Competitive strategies of key players focusing on expansion and innovation
Buy this Premium Research Report for exclusive, in-depth insights - https://www.transparencymarketresearch.com/checkout.php?rep_id=25751<ype=S
More Trending Reports by Transparency Market Research -
Monk Fruit Sugar Market: https://www.transparencymarketresearch.com/monk-fruit-sugar-market.html
Castor Oil Market: https://www.transparencymarketresearch.com/castor-oil-market.html
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Email: sales@transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Seafood Extracts Market Poised for Growth, Projected at 5.3% CAGR Through 2031 - Analysis by TMR here
News-ID: 3915890 • Views: …
More Releases from Transparency Market Research
Acromegaly Treatment Market to Reach USD 3.1 Billion by 2035, Driven by Diagnost …
The global Acromegaly Treatment Market is experiencing a significant transformation as improved early diagnosis, innovative therapeutic formulations, and regulatory support converge to expand patient access and drive substantial growth. According to the latest industry analysis, the global market, valued at US$ 1.5 billion in 2024, is projected to reach US$ 3.1 billion by 2035, progressing at a CAGR of 6.7% from 2025 to 2035.
Gain a preview of important insights from…
Forensic Genomics Market Projected to Surge to USD 2.4 Billion by 2035 as NGS, A …
The global Forensic Genomics Market is undergoing a period of accelerated transformation and expansion as next-generation sequencing (NGS), advanced PCR workflows, and AI/ML-driven bioinformatics redefine the capabilities of modern forensic investigations. According to the latest industry analysis, the market-valued at US$ 0.5 billion in 2024-is projected to reach approximately US$ 2.4 billion by 2035, expanding at a compound annual growth rate (CAGR) of 14.5% between 2025 and 2035.
Access key findings…
Planetary Roller Screw Market to Reach USD 1.1 Billion by 2035 as Demand for Hig …
The global Planetary Roller Screw Market is poised for substantial expansion over the next decade, driven by rising demand for high-load, high-precision performance in harsh industrial environments, rapid technological advancements, and the ongoing global shift toward electrified and automated systems. According to the latest industry intelligence, the market-valued at US$ 610.0 Mn in 2024-is projected to reach US$ 1,105.0 Mn by 2035, advancing at a compound annual growth rate (CAGR)…
Chemical Absorbent Cotton Market Set to Reach USD 600.1 Million by 2035 Driven b …
The global Chemical Absorbent Cotton Market is entering a phase of sustained expansion, backed by rapid industrialization, strengthened environmental regulations, and growing adoption of biodegradable absorbent solutions across healthcare, chemical handling, automotive, and industrial safety applications. According to the latest industry analysis, the global market-valued at US$ 340.0 million in 2024-is projected to reach US$ 600.1 million by 2035, expanding at a CAGR of 5.4% from 2025 to 2035.
Access key…
More Releases for Food
Food Ultrasound Market Food Ultrasound Market
According to a new report by InsightAce Analytic, the "Food Ultrasound Market" in terms of revenue was estimated to be worth $156.24 Mn in 2023 and is poised to reach $310.45 Mn by 2031, growing at a CAGR of 9.14% from 2024 to 2031.
Request For Free Sample Pages:
https://www.insightaceanalytic.com/request-sample/1551
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global Food Ultrasound Market are:
• Food Safety and Quality Assurance.
• Increasing Consumer…
Prepared Food Market To Witness Huge Growth By 2028 | HSL Food, HelloFresh, Syne …
The Latest survey report on Prepared Food Market sheds lights on changing dynamics in Food & Beverages Sector and elaborates market size and growth pattern of each of Prepared Food segments. As the shift to value continues, the producers are tackling challenges to personalized nutrition and match taste profiles. A wide list of manufactuerers were considered in the survey; to include mix bag of leaders and emerging manufacturers for company…
Cookies for Food Services Market Is Booming Worldwide | Finsbury Food Group, Mon …
Cookies for Food Services Market: The extensive research on Cookies for Food Services Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Cookies for Food Services Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the…
Global Sports Food Market By Type (Protein Sports Food, Energy Sports Food, Misc …
The Global Sports Food Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Sports Food Market report aims to provide an overview of Sports Food Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending report Worldwide Sports Food Market Economy…
Global Packed Food Market 2018 Analysis By Key Players – JBS Food, Kraft Food, …
Summary
WiseGuyReports.com adds “Packed Food Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database.
This report provides in depth study of “Packed Food Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Packed Food Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
Pet Food Market (By Food Type, By Animal Type, By Region, By Country) of Food Ty …
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global pet food market on the basis of Food Type (Dry, Wet, Snacks, Mixers); Animal Type (Dog Food, Cat Food, Fish Food, Others), By Region (North America, Europe, APAC, ROW) and By Country (U.S.A, Canada, UK, Germany, Japan, India, China, France).
Global Pet Food…
