The global marine extract market size is set to reach a valuation of USD 6,054.4 million in 2023. It is anticipated to attain a valuation of around USD 10,117.5 million by 2033. From 2023 to 2033, the global marine extract sales are likely to soar at 5.3% CAGR.
| Attributes | Key Insights |
|---|---|
| Estimated Global Marine Extract Market Size (2023E) | USD 6,054.4 million |
| Projected Marine Extract Market Value (2033F) | USD 10,117.5 million |
| Value-based Marine Extract Market CAGR (2023 to 2033) | 5.3% |
Marine extracts are set to be increasingly used in several industries due to their qualities, such as robust antioxidants, anti-inflammatory effects, antibacterial advantages, and anti-tumor potential. Several industries, such as pharmaceutical, cosmetics, nutraceutical, and biotechnology sectors, can profit from these capabilities.
The marine extract has incredible potential. It is projected to be used in food additives worldwide. Its use is also set to surge in the personal care and cosmetics industry as a significant ingredient for developing hair care and skincare products. Its demand is further anticipated to rise in nutritional supplements and agriculture fertilizers for use as active ingredients.
Leading manufacturers are still exploring the applications of marine extract, and ongoing research is revealing new compounds and potential uses for these extracts. These extracts are set to be a valuable and leading source of bioactive compounds with several applications in multiple industries.
The global marine extract market expanded at a CAGR of 5.0% between 2018 and 2022. The market is anticipated to exhibit a CAGR of 5.3% from 2023 to 2033.
Consumers are more health conscious in the modern era and quickly adopt a healthy lifestyle. They are looking for natural products. Hence, several manufacturers are using marine extracts as they are an organic and eco-friendly alternative to chemical ingredients. Their ability to provide several health benefits, including improved heart health, brain function, and immune system, is projected to drive demand.
As marine extracts are found in renewable marine resources less prone to pollution than land-based sources, their demand is set to expand. Additionally, advancements in extraction technologies and sustainable sourcing practices are reducing the environmental impact of marine extract production.
Another market-influencing trend is the use of advanced technology in food solutions. These aim to improve the quality and safety of extracts with the help of research & development. Key players are researching to find out more about the potential health benefits of extracts, which is driving demand from both manufacturers and consumers.
The table below explains the CAGR values of the top 5 countries in the global marine extract market. Regional forecast of the marine extract market by country states that India is anticipated to remain at the forefront by expanding at 11.8% CAGR between 2023 and 2033. It is followed by the United States and the United Kingdom, which are expected to reach a CAGR of 10.5% and 8.9%, respectively.
| Countries | Value-based CAGR (2023 to 2033) |
|---|---|
| United States | 10.5% |
| United Kingdom | 8.9% |
| China | 6.8% |
| India | 11.8% |
| Japan | 7.1% |
The United States is expected to gain traction in the North America marine extract market during the forecast period. The United States marine extract market is poised to exhibit a CAGR of 10.5% during the assessment period.
The United States has a well-established infrastructure for marine-based enterprises and manufacturers. These manufacturers and producers are set to use the extract in several products. Consumers in the United States are also aware of the benefits of these extracts. They are projected to choose natural and sustainable products that will lead to high sales.
Regulatory organizations, such as the National Oceanic and Atmospheric Administration (NOAA) and the Food and Drug Administration (FDA), have backed the usage and development of marine protein for a range of products. It includes food & drink, cosmetics, and pharmaceutical sectors, which are set to drive demand.
Japan's marine extract market is set to attain a valuation of around USD 711.1 million by 2033. The country is anticipated to exhibit a CAGR of 7.1% between 2023 and 2033.
Consumers in Japan are aware of all the traditional and culturally healthy products. They are consuming natural and organic products in their day-to-day lives. Key manufacturers are choosing marine extracts to develop new cosmetics and personal care products.
Dietary supplements and functional foods infused with marine extracts are set to gain momentum in Japan as these can prevent multiple health issues. This is owing to their anti-inflammatory properties, which can support joint and cardiovascular health. These are the key concerns in Japan that will drive demand.
Marine extract demand in India is anticipated to rise at 11.8% CAGR during the forecast period from 2023 to 2033. By 2033, India is likely to secure a valuation of USD 924.5 million.
The marine extract market in India is experiencing significant growth due to several factors. The government of India is focused on promoting the development of industries such as food, pharmaceuticals, and cosmetics in the country. It is expected to create a new opportunity in the marine extract market in India during the forecast period.
The increasing awareness among millennials about several health benefits of omega-3 fatty acids, antioxidants, and bioactive compounds is projected to aid demand. Health-conscious consumers in India are set to choose these extracts as they have a high level of nutrients.
The food & beverage industry is a prominent consumer of marine extracts in India. Their surging use in multiple applications, such as dietary supplements and functional food, is expected to aid growth. Also, these are set to be considered an ideal alternative to synthetic and chemical-based products, which can push sales.
The table below highlights the global demand for marine extracts by extract type. Based on the extract type, the protein segment is set to showcase a CAGR of 6.3% between 2023 and 2033. It is expected to be followed by the lipid segment.
| Category (Extract Type) | Protein |
|---|---|
| Value-based CAGR (2023 to 2033) | 6.3% |
Based on extract type, the protein segment is projected to reach a valuation of USD 795.2 million in 2033. The given segment is poised to exhibit a CAGR of 6.3% during the assessment period from 2023 to 2033
The protein segment is expected to expand in the global market as it is used for maintaining body tissue and in a healthy diet. Its demand is also set to rise among vegetarians and vegans as an alternative protein source.
Being a sustainable and eco-friendly source of protein, it has become a priority for consumers and manufacturers. Manufacturers looking for a promising solution for a minimal carbon footprint without the need for fertilizers and pesticides are set to drive demand.
Its unique amino acid content is projected to augment its demand as this type of acid is not found in land-based protein sources. Its association with glycine, an amino acid, is anticipated to bolster sales as it is set to help enhance sleep quality and reduce inflammation.
The table below highlights the global demand for marine extracts based on source. By source, the macroalgae segment is set to showcase a CAGR of 4.6% between 2023 and 2033. It is expected to be followed by the microalgae and marine animal segments.
| Category (Source) | Macroalgae |
|---|---|
| Value-based CAGR (2023 to 2033) | 4.6% |
In terms of source, the macroalgae segment is anticipated to thrive at 4.6% CAGR during the projection period. The rising demand for sustainable solutions is expected to boost demand as macroalgae extracts are obtained from seaweeds without damaging the marine environment. Companies looking for a low risk of contamination with pollutants and heavy metals are anticipated to push the demand for this sustainable bioactive compound source.
The health supplement industry will likely demand macroalgae due to its high nutritional content. Their high bioactive substances, polysaccharides, polyphenols, and phlorotannins contents are set to make them relatively low toxic in the industry.
The table below highlights the CAGR of the marine extract market based on application. Based on application, the functional food & beverages segment is set to register a CAGR of 7.9% between 2023 and 2033. It is projected to be followed by pharmaceutical, cosmetics & personal care segments.
| Category (Application) | Functional Food & Beverages |
|---|---|
| Value-based CAGR (2023 to 2033) | 7.9% |
The functional food & beverages segment is projected to register a CAGR of 7.9% from 2023 to 2033. The target segment will likely reach a market value of USD 1091.6 million by the end of 2033.
Marine extracts are expected to be preferable in several functional food & beverage products such as energy drinks, nutritional bars, juices, and dairy products. These are also likely to be used instead of synthetic food additives as they do not have any preservatives and stabilizers, which are unhealthy food ingredients.
Marine extracts in functional food & beverage products are becoming popular due to their unique nutritional properties and associated health benefits. With the growing demand for functional foods & beverages, it is estimated that the use of extract in these products will continue to increase in the forecast period.
Marine extract manufacturers are continuously introducing new products to fulfill consumers' growing demand. They are also employing several tactics such as mergers, partnerships, collaborations, distribution agreements, and advertising to maintain a competitive position in the market.
Key manufacturers are aiming to expand their product range to cater to multiple segments of the marine extract market. This can include offering extract from different marine sources, such as algae, fish, or seaweed. They are also planning to use it to develop a variety of products, such as supplements, cosmetics, and food additives.
Recent Developments in the Marine Extract Market
| Attribute | Details |
|---|---|
| Estimated Marine Extract Market Size (2023) | USD 6,054.4 million |
| Projected Marine Extract Market Valuation (2033) | USD 10,117.5 million |
| Value-based Marine Extract Market (2023 to 2033) | 5.3% |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | Value (USD million) and Volume (MT) |
| Key Regions Covered | Latin America; North America; Europe; South Asia; East Asia; Oceania; and Middle East & Africa |
| Key Countries Covered | Canada, United States, Mexico, Brazil, Chile, Peru, Argentina, Germany, France, Italy, Spain, United Kingdom, Netherlands, Belgium, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, and others |
| Key Market Segments Covered | Extract Type, Source, Application, and Region |
| Key Companies Profiled | Aker BioMarine; Lonza; BioActor BV; Marinova Pty Ltd.; Neptune Wellness Solutions Inc.; Rousselot S.A.S.; CP Kelco; Taiko Group of Companies; Ashland Global Holdings Inc.; FMC Corporation; Seaweed Energy Solutions AS; Extract & Ingredients Ltd.; GlycoMar Ltd.; Biolume Inc.; Aquapharm Bio-Discovery Limited. |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Material, 2018 to 2033
Table 4: Global Market Volume (Units) Forecast by Material, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 6: Global Market Volume (Units) Forecast by Capacity, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 8: North America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 9: North America Market Value (US$ Million) Forecast by Material, 2018 to 2033
Table 10: North America Market Volume (Units) Forecast by Material, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 12: North America Market Volume (Units) Forecast by Capacity, 2018 to 2033
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 15: Latin America Market Value (US$ Million) Forecast by Material, 2018 to 2033
Table 16: Latin America Market Volume (Units) Forecast by Material, 2018 to 2033
Table 17: Latin America Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 18: Latin America Market Volume (Units) Forecast by Capacity, 2018 to 2033
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 20: Western Europe Market Volume (Units) Forecast by Country, 2018 to 2033
Table 21: Western Europe Market Value (US$ Million) Forecast by Material, 2018 to 2033
Table 22: Western Europe Market Volume (Units) Forecast by Material, 2018 to 2033
Table 23: Western Europe Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 24: Western Europe Market Volume (Units) Forecast by Capacity, 2018 to 2033
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Eastern Europe Market Volume (Units) Forecast by Country, 2018 to 2033
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Material, 2018 to 2033
Table 28: Eastern Europe Market Volume (Units) Forecast by Material, 2018 to 2033
Table 29: Eastern Europe Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 30: Eastern Europe Market Volume (Units) Forecast by Capacity, 2018 to 2033
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2018 to 2033
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Material, 2018 to 2033
Table 34: South Asia and Pacific Market Volume (Units) Forecast by Material, 2018 to 2033
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 36: South Asia and Pacific Market Volume (Units) Forecast by Capacity, 2018 to 2033
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 38: East Asia Market Volume (Units) Forecast by Country, 2018 to 2033
Table 39: East Asia Market Value (US$ Million) Forecast by Material, 2018 to 2033
Table 40: East Asia Market Volume (Units) Forecast by Material, 2018 to 2033
Table 41: East Asia Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 42: East Asia Market Volume (Units) Forecast by Capacity, 2018 to 2033
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2018 to 2033
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Material, 2018 to 2033
Table 46: Middle East and Africa Market Volume (Units) Forecast by Material, 2018 to 2033
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 48: Middle East and Africa Market Volume (Units) Forecast by Capacity, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Material, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 5: Global Market Volume (Units) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 9: Global Market Volume (Units) Analysis by Material, 2018 to 2033
Figure 10: Global Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 11: Global Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 12: Global Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 13: Global Market Volume (Units) Analysis by Capacity, 2018 to 2033
Figure 14: Global Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 15: Global Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 16: Global Market Attractiveness by Material, 2023 to 2033
Figure 17: Global Market Attractiveness by Capacity, 2023 to 2033
Figure 18: Global Market Attractiveness by Region, 2023 to 2033
Figure 19: North America Market Value (US$ Million) by Material, 2023 to 2033
Figure 20: North America Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 23: North America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 26: North America Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 27: North America Market Volume (Units) Analysis by Material, 2018 to 2033
Figure 28: North America Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 29: North America Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 30: North America Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 31: North America Market Volume (Units) Analysis by Capacity, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 34: North America Market Attractiveness by Material, 2023 to 2033
Figure 35: North America Market Attractiveness by Capacity, 2023 to 2033
Figure 36: North America Market Attractiveness by Country, 2023 to 2033
Figure 37: Latin America Market Value (US$ Million) by Material, 2023 to 2033
Figure 38: Latin America Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 41: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 44: Latin America Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 45: Latin America Market Volume (Units) Analysis by Material, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 48: Latin America Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 49: Latin America Market Volume (Units) Analysis by Capacity, 2018 to 2033
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 52: Latin America Market Attractiveness by Material, 2023 to 2033
Figure 53: Latin America Market Attractiveness by Capacity, 2023 to 2033
Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 55: Western Europe Market Value (US$ Million) by Material, 2023 to 2033
Figure 56: Western Europe Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 57: Western Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 62: Western Europe Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 63: Western Europe Market Volume (Units) Analysis by Material, 2018 to 2033
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 66: Western Europe Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 67: Western Europe Market Volume (Units) Analysis by Capacity, 2018 to 2033
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 70: Western Europe Market Attractiveness by Material, 2023 to 2033
Figure 71: Western Europe Market Attractiveness by Capacity, 2023 to 2033
Figure 72: Western Europe Market Attractiveness by Country, 2023 to 2033
Figure 73: Eastern Europe Market Value (US$ Million) by Material, 2023 to 2033
Figure 74: Eastern Europe Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 81: Eastern Europe Market Volume (Units) Analysis by Material, 2018 to 2033
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 85: Eastern Europe Market Volume (Units) Analysis by Capacity, 2018 to 2033
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 88: Eastern Europe Market Attractiveness by Material, 2023 to 2033
Figure 89: Eastern Europe Market Attractiveness by Capacity, 2023 to 2033
Figure 90: Eastern Europe Market Attractiveness by Country, 2023 to 2033
Figure 91: South Asia and Pacific Market Value (US$ Million) by Material, 2023 to 2033
Figure 92: South Asia and Pacific Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Material, 2018 to 2033
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 103: South Asia and Pacific Market Volume (Units) Analysis by Capacity, 2018 to 2033
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 106: South Asia and Pacific Market Attractiveness by Material, 2023 to 2033
Figure 107: South Asia and Pacific Market Attractiveness by Capacity, 2023 to 2033
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2023 to 2033
Figure 109: East Asia Market Value (US$ Million) by Material, 2023 to 2033
Figure 110: East Asia Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 111: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 113: East Asia Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 116: East Asia Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 117: East Asia Market Volume (Units) Analysis by Material, 2018 to 2033
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 120: East Asia Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 121: East Asia Market Volume (Units) Analysis by Capacity, 2018 to 2033
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 124: East Asia Market Attractiveness by Material, 2023 to 2033
Figure 125: East Asia Market Attractiveness by Capacity, 2023 to 2033
Figure 126: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 127: Middle East and Africa Market Value (US$ Million) by Material, 2023 to 2033
Figure 128: Middle East and Africa Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2023 to 2033
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 135: Middle East and Africa Market Volume (Units) Analysis by Material, 2018 to 2033
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 139: Middle East and Africa Market Volume (Units) Analysis by Capacity, 2018 to 2033
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 142: Middle East and Africa Market Attractiveness by Material, 2023 to 2033
Figure 143: Middle East and Africa Market Attractiveness by Capacity, 2023 to 2033
Figure 144: Middle East and Africa Market Attractiveness by Country, 2023 to 2033
The market to secure a valuation of USD 6,054.4 million in 2023.
The market is estimated to reach USD 10,117.5 million by 2033.
Through 2033, the industry is anticipated to expand at a 5.3% CAGR.
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Marine Extract Market
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