Fucoxanthin Market Growth Driven by Marine-Based Health Products and Consumer Shift Toward Natural Antioxidants

Fucoxanthin Market Size

The global market for Fucoxanthin was valued at US$ 37.1 million in the year 2024 and is projected to reach a revised size of US$ 51.2 million by 2031, growing at a CAGR of 4.8% during the forecast period.

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Fucoxanthin is a xanthophyll, with the molecular formula of C42H58O6 and CAS number 3351-86-8. It is found as an accessory pigment in the chloroplasts of brown algae and most other heterokonts, giving them a brown or olive-green color. Fucoxanthin absorbs light primarily in the blue-green to yellow-green part of the visible spectrum, peaking at around 510-525 nm by various estimates and absorbing significantly in the range of 450 to 540 nm. Fucoxanthin is being looked into for its anti-inflammatory, antinociceptive and anti-cancer effects.

Fucoxanthin has a variety of pharmacological effects, including anti-tumor, anti-inflammatory, antioxidant, weight loss, and nerve cell protection. It can significantly inhibit the growth of a variety of cancer cells (such as colon cancer cells, leukemia cells, prostate cancer cells, etc.) and induce cell apoptosis. At the same time, fucoxanthin also has a good antioxidant effect, even better than vitamin E and vitamin C, and has a protective effect on UV-B-induced damage to human fibroblasts. In addition, fucoxanthin can eliminate fat accumulation by activating UCP1 protein and promoting the production of DHA in the liver, and has a weight loss effect.

Fucoxanthin is widely used in the cosmetics industry, food industry and other fields. In the cosmetics industry, fucoxanthin is used in skin care and beauty products due to its antioxidant and anti-inflammatory effects. In the food industry, fucoxanthin is used as a natural pigment and functional additive to increase the nutritional value and health benefits of food. As people's attention to health and beauty continues to increase, the market demand for fucoxanthin, as a natural pigment with multiple pharmacological effects, will continue to grow.

The world's major manufacturers include Oryza Oil & Fat Chemical, Nektium Pharma, Shandong Jiejing Group, BGG and Algatech, and the top five manufacturers account for about 56% of the global market share. From a regional perspective, Asia Pacific is the world's main fucoxanthin production area, and North America, Europe, and Asia Pacific are the main consumption areas, accounting for more than 95% of the market share.

According to the category, fucoxanthin can be divided into fucoxanthin powder and fucoxanthin oil, among which fucoxanthin powder occupies a major position in the consumer market, with more than 70% of the market share. In terms of downstream, the food industry is the largest downstream field. Fucoxanthin is used as a natural pigment and functional additive to increase the nutritional value and health benefits of food, accounting for about 80% of the market share.

By Type
• Fucoxanthin Powder
• Fucoxanthin Oil

By Application
• Food and Health Products Industry
• Cosmetic Industry
• Others

Key Companies
Oryza Oil & Fat Chemical, Nektium Pharma, Shandong Jiejing Group, Demeter Bio-Tech (Zhuhai), Algatech, Ciyuan Biotech, Tianhong Biotech, BGG

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This release was published on openPR.