The global Fucoidan Extract market is expected to reach a market valuation of US$ 349 million by 2023, recording a CAGR of 6.1% from 2023 to 2033.
Brown algae like kombu, wakame (mekabu), and mozuku are the only sources of the special sliminess known as fucoidan, which is also a form of dietary fiber that is water-soluble. Fucoidan is a high-molecular polysaccharide with sulfated fucose as its primary component. The saccharide chain that makes up fucoidan also contains galactose, mannose, xylose, and uronic acid in addition to fucose. The term fucoidan refers to high-molecular polysaccharides with fucose as their primary component but does not specifically relate to substances with a particular structure.
| Fucoidan Extract Market Size (2023E) | US$ 349 million |
| Fucoidan Extract Market Projected Size (2033F) | US$ 632 million |
| Value CAGR (2023 to 2033) | 6.1% |
| Top 3 Countries Marketing Share | 68.4% |
The market for fucoidan has grown in recent years due to the increasing demand for natural health products and ingredients. Fucoidan is not only sold as a nutritional supplement in the form of capsules and powders, but it is also utilized in a variety of functional foods and beverages. Several factors, such as consumers' growing interest in natural and organic products, rising health awareness, and a rise in chronic diseases, are contributing to the growth of this industry. Fucoidan has potential benefits in the treatment of immunological disorders, cancer, and cardiovascular disease.
In our new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights into key factors driving demand for Fucoidan Extract.
| Market Statistics | Details |
| Jan–Jun (H1), 2021 (A) | 5.7% |
| Jul–Dec (H2), 2021 (A) | 5.8% |
| Jan–Jun (H1),2022 Projected (P) | 5.7% |
| Jan–Jun (H1),2022 Outlook (O) | 5.4% |
| Jul–Dec (H2), 2022 Projected (P) | 5.4% |
| Jul–Dec (H2), 2022 Outlook (O) | 5.3% |
| Jan–Jun (H1), 2023 Projected (P) | 5.5% |
Fucoidan extract is useful as an antioxidant, antiviral, anti-inflammatory, antithrombotic, anti-angiogenic, and anticancer agent in addition to preventing clotting. Due to its abilities to keep skin moisturized and elastic, fucoidan extract has recently attracted interest in the cosmetics and skincare industries. Thus, it is utilized in goods like face creams, lotions, and shampoos. Fucoidan cannot be digested by humans because they lack the necessary enzymes, which is one reason why fucoidan extract is used in dietary supplements.
Additionally, adipogenesis is inhibited and lipid buildup is avoided by fucoidan extract. Fucoidan extract is used as a thickening agent in soups, energy drinks, soups, and other processed food items due to its high water solubility.
In the near future, it is anticipated that recent anti-cancer drug R&D initiatives and fucoidan's ability to work in concert with chemotherapeutics to destroy tumor cells will boost the worldwide fucoidan market. Fucoidan can limit the secretion and release of important pro-inflammatory molecules linked to acute and chronic intestinal disorders, according to several recent research. It also has an inhibitory effect on the growth of Helicobacter pylori and stomach infections. Fucoidan slows the progression of the disease in chronic renal failure by lowering urea nitrogen levels, enhancing renal function, and increasing renal function.
Fish Hydrolysate Market:
| Attributes | Fish Hydrolysate Market |
| CAGR (2023 to 2033) | 3.9% |
| Market Value (2023) | US$ 497 million |
| Growth Factor | Fish hydrolysates offer a chemical-free alternative to safe and wholesome animal feed, and as a result, demand for them has soared. |
| Key Trend | A lot of collagen is present in fish hydrolysates. It is also used as gelatin in the food industry in both flavored and unflavored culinary products. |
Dietary Supplements Market:
| Attributes | Dietary Supplements Market |
| CAGR (2023 to 2033) | 9% |
| Market Value (2023) | US$ 68,207 million |
| Growth Factor | The main purpose of dietary supplements is to make up for human nutritional inadequacies. |
| Key Trend | It is projected that this trend will continue in the future, benefiting the global market participants for dietary supplements. The demand for vitamins, minerals, and herbs that promote immunity grew. |
Demand for natural health supplements that can assist enhance general health and wellbeing has increased as a result of the rising prevalence of chronic diseases in North America, including cancer, cardiovascular disease, and diabetes. Due to its anti-inflammatory, anti-cancer, and anti-viral qualities, fucoidan is a preferred option for people looking for alternative or complementary therapy. The complex polysaccharide known as fucoidan, which is found in brown seaweed, has been gaining appeal in the market for health supplements because of its potential health advantages, including enhancing the immune system, lowering inflammation, and preventing cancer.
Brown seaweed contains a naturally occurring polysaccharide called fucoidan, which has long been ingested in Japan and other Asian nations. As a result, it has a lengthy history of usage in conventional medicine, which has boosted its appeal in the area. The market for fucoidan extract has grown in the Asia Pacific area thanks to the presence of key market participants, particularly in China, South Korea, and Japan. These businesses have invested in R&D to produce new products and formulations while actively marketing the health advantages of fucoidan.
Global demand for fucoidan is increasing as the pharmaceutical sector expands. Antioxidant use is made of fucoidan. It also functions as an anticancer, anti-angiogenic, antiviral, anti-inflammatory, anticoagulant, and antithrombotic agent. The skincare and cosmetics sectors are also using more and more fucoidan. It has a number of advantageous qualities for maintaining skin suppleness and hydration retention. Because of this, it is employed in the creation of shampoos, face creams, and lotions.
The worldwide fucoidan market is expected to be driven by recent anticancer medication research and development efforts as well as the synergistic effects of fucoidan with chemotherapeutic medicines to destroy tumor cells in the near future.
The market for fucoidan can be divided into two segments: powder and capsule. Fucoidan is increasingly popular due to rising demand for skin care and dietary supplement products. During the projected period, it is anticipated that the powder segment would account for the majority of market share. Due to the increase in fucoidan use across a number of end-use sectors, the market is predicted to grow quickly.
| Attribute | Details |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | US$ million for Value and Metric Ton for Volume |
| Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa |
| Key Countries Covered | United States of America, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others. |
| Key Segments Covered | Form, Seaweed Type, End Use, Distribution Channel and Region |
| Key Companies Profiled |
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| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The Fucoidan Extract Market is valued at US$ 349 million for 2023.
The Fucoidan Extract Market valuation is expected to be US$ 632 million in the year 2023.
The value of CAGR for the Fucoidan Extract Market is estimated to be 6.1%.
The powder form segment would garner a significant market value share by 2023.
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Fucoidan Extract Market
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