According to a market report by Lucintel, the future of the global seafood extract market looks promising with opportunities in the food & beverage, nutraceutical/dietary supplement, animal feed & aquafeed, pharmaceutical, and cosmetic & personal care markets. The global seafood extract market is expected to reach an estimated $20 billion by 2035 from $11 billion in 2027 with a CAGR of 6.8% from 2027 to 2035. The major drivers for this market are the increasing seafood consumption, the rising preference for natural flavor ingredients, and the growing processed food applications using extracts.
A more than 150-page report to understand trends, opportunity and
forecast in global seafood extract market to 2035 by form (liquid and powder),
source (fish extracts, crustacean extracts, mollusc extracts, and seaweed &
algae extracts), application (food & beverage, nutraceuticals/dietary
supplements, animal feed & aquafeed, pharmaceuticals, and cosmetics &
personal care), and region (North America, Europe, Asia Pacific, and the Rest
of the World).
Lucintel forecasts that, within the form category, liquid will remain a
larger segment over the forecast period due to the ease of mixing, dosing, and
product formulation.
Within the application category, food & beverage will remain the
largest segment over the forecast period due to the extensive use in processed
food and beverage applications.
Download sample by clicking on seafood extract market.
In terms of regions, North America will remain the largest region over
the forecast period due to the rising demand for convenient and functional food
products.
Thai Union Group PCL, Symrise (Diana Food), Nikken Foods, Maruha Nichiro
Corp., Firmenich SA, Seafood Flavours A/S, Haco Ltd., BD Foods Ltd., Man Trust
Co., OceanPro Industries are the major suppliers in the seafood extract market.
This
unique research report will enable you to make confident business decisions in
this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
No comments:
Post a Comment