Global Fucoidan Market Growth 2023-2029

Global Fucoidan Market Growth 2023-2029

Fucoidan, present in brown algae just like hondawara, was discovered in 1913 by Professor Kylin of Uppsala University in Sweden as a source of sliminess of kombu. Initially named “fucoijin,” the substance subsequently became known as “fucoidan” based on the international naming convention on sugars.

Fucoidan is a specific source of sliminess only found in brown algae such as kombu, wakame (mekabu) and mozuku, and a type of water-soluble dietary fiber. Chemically, fucoidan is a high-molecular polysaccharide whose main constituent is sulfated fucose. In addition to fucose, the saccharide chain that constitutes fucoidan also includes galactose, mannose, xylose and uronic acid. The name “fucoidan” does not represent substances of a given structure, but it is a general term that refers to high-molecular polysaccharides whose main constituent is fucose.

LPI (LP Information)' newest research report, the “Fucoidan Industry Forecast” looks at past sales and reviews total world Fucoidan sales in 2022, providing a comprehensive analysis by region and market sector of projected Fucoidan sales for 2023 through 2029. With Fucoidan sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fucoidan industry.

This Insight Report provides a comprehensive analysis of the global Fucoidan landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fucoidan portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fucoidan market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fucoidan and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fucoidan.

The global Fucoidan market size is projected to grow from US$ 34 million in 2022 to US$ 44 million in 2029; it is expected to grow at a CAGR of 44 from 2023 to 2029.

Global Fucoidan main players are Kanehide, Kamerycah, Takara, Seaherb, etc. Global top four manufacturers hold a share over 50%. USA is the largest market, with a share nearly 35%.

This report presents a comprehensive overview, market shares, and growth opportunities of Fucoidan market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Powder Type
Capsule Type

Segmentation by application
Pharmaceutical
Health Care Products
Cosmetics

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Kanehide
Kamerycah
Takara
Yaizu Suisankagaku
FMC
Fucoidan Force
Seaherb
Haerim Fucoidan
Marinova
FucoHiQ
Jeezao
Qingdao Rongde

Key Questions Addressed in this Report

What is the 10-year outlook for the global Fucoidan market?

What factors are driving Fucoidan market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Fucoidan market opportunities vary by end market size?

How does Fucoidan break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.