NEW
YORK, Sept. 3, 2024 /PRNewswire/ -- Report with
the AI impact on market trends- The global fucoidan
market size is estimated to grow by USD
109.6 million from 2024-2028, according to Technavio. The
market is estimated to grow at a CAGR of 7.77% during the forecast
period. Growing health consciousness among consumers is
driving market growth, with a trend towards increasing
demand for fucoidan in pharmaceutical industry.
However, stringent regulations on fucoidan poses a challenge.
Key market players include ABLY, Inc., Biocorp Co. Ltd., Biosynth
Ltd., Champion Co., Ltd., Fucoidan USA.com, Hi Q Marine Biotech
International Ltd., Hongo Co.,Ltd., Inaba Foods USA Inc., International Flavors and Fragrances
Inc., Kamerycah, Inc., KANEHIDE BIO Co.Ltd., Lemandou Chemicals,
Marinova Pty Ltd., Merck KGaA, SeaHerb Co., LTD., SUGOI HEALTH, The
Synergy Co., TOKAI BUSSAN CO., LTD., and Vesta Nutra.
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Fucoidan Market
Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
-
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
7.77%
|
Market growth
2024-2028
|
USD 109.6
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
7.57
|
Regional
analysis
|
APAC, Europe, North
America, South America, and Middle East and Africa
|
Performing market
contribution
|
APAC at 66%
|
Key
countries
|
Japan, China, US,
Indonesia, and Germany
|
Key companies
profiled
|
ABLY, Inc., Biocorp Co.
Ltd., Biosynth Ltd., Champion Co., Ltd., Fucoidan USA.com, Hi Q
Marine Biotech International Ltd., Hongo Co.,Ltd., Inaba Foods USA
Inc., International Flavors and Fragrances Inc., Kamerycah, Inc.,
KANEHIDE BIO Co.Ltd., Lemandou Chemicals, Marinova Pty Ltd., Merck
KGaA, SeaHerb Co., LTD., SUGOI HEALTH, The Synergy Co., TOKAI
BUSSAN CO., LTD., and Vesta Nutra
|
Market Driver
The Fucoidan market is growing due to increasing awareness
of its health benefits. This brown seaweed extract is rich in
fucoidan, a type of sulfated polysaccharide. It's used in various
industries, including food and pharmaceuticals, for its antioxidant
and anti-inflammatory properties. Companies are investing in
research and development to expand its applications and improve
production methods. The market is expected to continue growing,
driven by consumer demand for natural health supplements.
The Fucoidan market is experiencing significant growth due to
increasing consumer interest in natural health supplements. This
market is driven by the anti-inflammatory, anticoagulant, and
antithrombotic properties of Fucoidan, a component found in certain
types of brown seaweed like Undaria pinnatifida and Fucus
vesiculosus. Microalgae, such as Euglena Gracilis, also produce
Fucoidan. Beta-glucans, another popular health ingredient, are
often found in combination with Fucoidan in nutraceuticals. Farmers
are investing in the production of high-quality Fucoidan, ensuring
purity and minimizing contaminants, including heavy metals.
Pharmaceutical and healthcare companies are developing
Fucoidan-based health care products, including dietary supplements
in the form of capsules and powders, as well as functional foods
and beverages. Clinical trials are ongoing to further explore
Fucoidan's benefits for heart disease, stroke, and inflammation.
The market is expected to continue growing as consumer demand for
natural, immune-boosting ingredients increases. Currency
devaluation may impact prices, but the long-term benefits and
consumer interest in Fucoidan are expected to drive market growth.
Other types of algae, such as Kombu, Wakame, and Mozuku, are also
sources of Fucoidan and contribute to the market trend.
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Market Challenges
- The Fucoidan market is experiencing significant growth due
to increasing consumer awareness about its health benefits. This
seaweed-derived compound is rich in fucoidan, a type of complex
sugar that exhibits antioxidant, anti-inflammatory, and
immune-boosting properties. Companies are investing in research and
development to produce high-quality Fucoidan supplements, leading
to an expansion of the market. Consumers are showing interest in
these supplements due to their potential health advantages, driving
market growth.
- The Fucoidan market is on the rise, driven by growing
consumer interest in natural health supplements derived from Brown
seaweed. Key sources include Kombu, Wakame, Mozuku, and others.
Fucoidan offers various health benefits, such as anti-inflammatory,
antioxidant, and immune-boosting properties. These properties make
Fucoidan an attractive solution for addressing chronic diseases
like cancer, cardiovascular disease, and immune disorders. Fucoidan
comes in various application types, including capsules, powders,
and functional foods & beverages. Brands like Seaherb and
Marinova lead the market with sustainable health solutions. Sourced
from wild seaweeds and marine resources, Fucoidan is also gaining
popularity in healthcare, cosmetics, and dermatology due to its
anti-aging properties. As consumer health awareness grows, the
demand for Fucoidan in ingestible formulations is increasing.
Fucoidan's antitumor, antiviral, and anti-angiogenic properties
make it a valuable addition to the natural health products
industry. Overall, the Fucoidan market presents significant
opportunities for businesses in the foods, beverages, and
supplements sectors.
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challenges - Request a sample report!
Segment Overview
This fucoidan market report extensively covers market
segmentation by
- Type
- 1.1 Powder
- 1.2 Capsule
- 1.3 Others
- Application
- 2.1 Pharmaceutical
- 2.2 Dietary Supplements
- 2.3 Cosmetics
- Geography
- 3.1 APAC
- 3.2 Europe
- 3.3 North America
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Powder- Fucoidan powder, derived from oceanic
brown seaweed, is a valuable ingredient in various industries due
to its health benefits. This powder is rich in dietary fiber,
aiding in satiety, weight control, and digestion. It also contains
essential vitamins and minerals like iodine, calcium, magnesium,
potassium, sodium, and phosphorus. Fucoidan is available in two
forms - light brown for food applications and off-white for
cosmetics. It is easily soluble in water, resulting in a clear and
transparent solution with a light brown hue. Fucoidan offers
numerous health benefits, including anti-oxidative, anti-tumor,
anti-virus, anti-coagulation properties, cholesterol reduction,
tissue regeneration promotion, and inflammation amelioration. Its
antibacterial and anti-inflammatory properties boost the immune
system. The pharmaceutical industry utilizes fucoidan for these
reasons, driving the growth of the fucoidan powder market during
the forecast period.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2017-2021) - Download a Sample Report
Research Analysis
Fucoidan, a complex sulfated polysaccharide, is primarily
extracted from brown seaweeds such as Kombu, Wakame, and Mozuku.
This natural compound is gaining popularity due to its numerous
health benefits. Fucoidan is rich in antioxidants, which help
protect cells from damage caused by free radicals. It also
possesses anti-inflammatory properties, making it an effective
remedy for inflammation-related conditions. Moreover, fucoidan is
known for its immune-boosting properties, making it an excellent
natural health supplement. Fucoidan is available in various forms,
including capsules, powders, and functional foods and beverages. It
is also found in some natural health products and foods, such as
seaweed snacks and soups. With increasing health awareness, the
demand for fucoidan and other natural antioxidants is on the rise.
Fucoidan is also known for its antitumor, antiviral, anticoagulant,
and anti-angiogenic properties, making it a valuable addition to
the natural health industry. Additionally, microalgae and
beta-glucans are other natural compounds that offer similar health
benefits and are sometimes used in combination with fucoidan.
Market Research Overview
Fucoidan, a complex sulfated polysaccharide derived from Brown
seaweed, has gained significant attention for its numerous health
benefits. Sourced from various seaweeds like Kombu, Wakame, Mozuku,
and others, Fucoidan is known for its anti-inflammatory,
antioxidant, and immune-boosting properties. These natural health
supplements come in various forms, including capsules and powders,
and are used as functional foods and beverages. Consumer interest
in Fucoidan is on the rise due to its potential role in managing
chronic diseases such as cancer, cardiovascular disease, and immune
disorders. The application types of Fucoidan extend to healthcare
and cosmetics. Sustainable health solutions are ensured through
responsible seaweed sourcing from wild seaweeds and marine
resources. Aging-related processes, dermatology, and skincare are
other areas where Fucoidan shows promise. Fucoidan's antitumor,
antiviral, anticoagulant, and anti-angiogenic properties make it a
valuable addition to nutritional foods, nutraceuticals, and dietary
supplements. Ensuring quality control, purity, and safety is
crucial, with considerations for contaminants like heavy metals.
Farmers and researchers continue to explore the potential of
Fucoidan through clinical trials, while currency devaluation and
other economic factors impact the market. Other marine resources
like microalgae, Beta-glucans, and Euglena Gracilis also offer
health benefits, adding to the diversity of the natural health
products industry.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Type
-
- Application
-
- Pharmaceutical
- Dietary Supplements
- Cosmetics
- Geography
-
- APAC
- Europe
- North America
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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