Global Shellfish Extract Market Growth 2024-2030

Global Shellfish Extract Market Growth 2024-2030

The global Shellfish Extract market size is projected to grow from US$ 76 million in 2023 to US$ 97.9 million in 2030; it is expected to grow at a CAGR of 3.6% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Shellfish Extract Industry Forecast” looks at past sales and reviews total world Shellfish Extract sales in 2023, providing a comprehensive analysis by region and market sector of projected Shellfish Extract sales for 2024 through 2030. With Shellfish Extract sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shellfish Extract industry.

This Insight Report provides a comprehensive analysis of the global Shellfish Extract 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 Shellfish Extract portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Shellfish Extract market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shellfish Extract 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 Shellfish Extract.

The upstream industry of shellfish extract is the aquaculture industry.According to data from the Food and Agriculture Organization of the United Nations (FAO), the global aquatic product farming volume has shown an increasing trend from 1959 to 2021. According to preliminary statistics, the global aquatic product farming volume in 2021 was about 128 million tons. The State of World Fisheries and Aquaculture 2022 shows that total global aquaculture initial sales in 2020 was approximately US$265 billion, with farm sales estimated to total US$281.5 billion. Of the total aquaculture production, 87.5 million tons were produced of aquatic animals, mainly for human consumption; 35.1 million tons of algae, including food and non-food uses; 700 tons of shellfish and decorative pearls. Asian countries account for 70% of the global aquatic animal production in fisheries and aquaculture, followed by the Americas, Europe, Africa and Oceania.

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

Segmentation by type
Crabs Extract
Prawns & Shrimps Extract
Oysters Extract

Segmentation by application
Food Industry
Pharmaceutical Industry
Dietary Supplement
Others

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.
Nikken Foods
Azantis Inc
Aker BioMarine
Kakusan Foods Co.
Norwegian Fish Oil AS
Brisan Group
Seafood-flavours
Savoury Systems
North Marine Ingredient
Eliteflavor

Key Questions Addressed in this Report

What is the 10-year outlook for the global Shellfish Extract market?

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

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

How do Shellfish Extract market opportunities vary by end market size?

How does Shellfish Extract break out type, application?

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