Marine Powder Market
Marine Powder Market Analysis by Fish Protein, Powder, Algae-Based Powder, Shellfish Powder, and Fish Meal Powder from 2023 to 2033
Analysis of Marine Powder Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Marine Powder Market Outlook (2023 to 2033)
The global marine powder market size is expected to expand from US$ 11,825.8 million in 2023 to US$ 23,486.5 million by 2033. Over the next ten years (2023 to 2033), Global Marine Powder sales are likely to soar at 7.1% CAGR.
Key Trends Listed by Fact.MR:
- The marine industry is increasingly adopting digital technologies and automation to improve efficiency, safety, and decision-making processes.
- Expanding marine powder ingredient research and development initiatives have led to the discovery of new bioactive compounds and their potential applications.
- Used to provide livestock and aquaculture species with the essential nutrients need to grow, develop their immune systems, and maintain overall health.
- The COVID-19 pandemic has brought attention to the importance of maintaining gut health through fermented foods like marine powder.
- Growth of interest in prebiotics and probiotics, fueling innovation around functional ingredient formats, delivery methods, and dosages for greater efficacy and convenience.
The global marine powder industry is experiencing robust growth due to increasing recognition of its various health benefits, versatility in application, and positive environmental impact. Key players in Asia Pacific regions like Japan and china have been actively involved in research and development, which led to further proliferation throughout Asia. Other significant consumption markets include North America and Europe where sustainability concerns, veganism, and rising demand for novel proteins drive uptake.
In terms of the adoption process, there are several hurdles facing widespread acceptance such as regulatory ambiguity regarding novel technologies for farming and processing, limited consumer knowledge about potential health benefits, and higher price points compared to traditional animal-derived products.
Omega-3 fatty acids found in powdered marine supplements may benefit skin health. Acne, psoriasis, and eczema-related inflammation may be lessened by using them. Omega-3 fatty acids can also help skin retain moisture and encourage a more youthful appearance. Apart from that there are numerous benefits which is the main reason why the Marine powder market growing on the global level and also impacting marine and other related products.
Attributes | Key Insights |
---|---|
Estimated Global Marine Powder Market Size (2023E) |
US$ 11,825.8 million |
Projected Marine Powder Market Value (2033F) |
US$ 23,486.5 million |
Value-based CAGR (2023 to 2033) |
7.1% |
Top 3 Countrie’s Value |
US$ 5794.6 million |
According to the Fact.MR analysis, global Marine Powder sales grew at a CAGR of 6.8% from 2018 to 2022. For the next ten years, the worldwide market for Marine Powder is forecast to progress at 7.1% CAGR.
Second, the use of marine powder supplements may affect societal practices and dietary and nutritional decisions. Customers who consume marine powder may look for eateries, coffee shops, or food items that feature marine-based ingredients.
This may result in the discovery of novel culinary delights and promote the expansion of companies that cater to this new trend. Consumers can also exchange marine powder-related recipes, advice, and suggestions to improve social interactions surrounding food and nutrition.Overall, marine powders face an exciting future as their popularity spreads beyond early adopters, supported by continued investments in R&D and effective marketing strategies fostering long-term customer loyalty.
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Adjacent Markets Overview :
Collagen Supplements Market :
Attributes | Collagen Supplements Market |
---|---|
CAGR (2023 to 2033) |
6.4% |
Market Value (2033) |
US$ 2.9 billion |
Growth Factor |
Consumer awareness of the many health benefits of collagen supplements, including the maintenance of bone, muscle, and joint health, as well as their affordability, is rising. |
Opportunity |
Urbanization and Increasing Disposable Income |
Key Trends |
A variety of options are available with different flavors. |
Dietary Supplements Market :
Attributes | Dietary Supplements Market |
---|---|
CAGR (2023 to 2033) |
8.1% |
Market Value (2033) |
US$ 352.0 billion |
Growth Factor |
Increasing demand for healthy nutrition products by health-conscious consumers. |
Opportunity |
Consumers are becoming more aware of the advantages of nutrients and dietary fiber. |
Key Trends |
The market players have benefited from innovation in the manufacture and storage of these goods. |
Protein Supplement Market :
Attributes | Protein Supplement Market |
---|---|
CAGR (2023 to 2033) |
8.6% |
Market Value (2033) |
US$ 62.9 billion |
Growth Factor |
Increasing vegan consumers worldwide and their protein Intake per day. |
Opportunity |
Increased obesity rates in Europe and North America will benefit the global market Protein Market. |
Key Trends |
The market has resulted in the growth of the food and beverage industry's adoption of protein supplements. |
Country-wise Insights :
North America - CAGR
Country | CAGR (%) |
---|---|
United States | 11.2% |
Europe - CAGR
Country | CAGR (%) |
---|---|
United Kingdom | 5.6% |
Asia Pacific - CAGR
Country | CAGR (%) |
---|---|
China | 9.6% |
India | 10.9% |
Japan | 8.7% |
North America - Market Value (2033)
Country | Market Value (2033) |
---|---|
United States | US$ 7,985.4 million |
Europe - Market Value (2033)
Country | Market Value (2033) |
---|---|
United Kingdom | US$ 3,147.2 million |
Asia Pacific - Market Value (2033)
Country | Market Value (2033) |
---|---|
China | US$ 4,697.3 million |
India | US$ 4,932.2 million |
Japan | US$ 3,147.2 million |
How United States Dominating in the Marine Powder Market on Global Level?
Large Fishing Industry and Advanced Infrastructure
As per Fact.MR, the United States Marine Powder market is expected to reach a valuation of around US$ 7985.4 million by 2033.
The United States currently holds a disproportionate amount of the global market for marine powder due to several factors. The sizeable and varied fishing industry of the nation is one of the primary causes. Strong presence of major seafood companies, particularly Alaskan firms who command vast expertise in harvesting wild-caught fish to ensure ample supply of marine oils that serve as precursors to omega-3 concentrates and powders.
Another factor that contributes to the US dominance in the marine powder market is the country's advanced processing technology and infrastructure. The US has some of the most advanced fish processing facilities in the world, which allows for the production of high-quality marine powder that meets strict international standards. and United States has a well-developed transportation and good logistics infrastructure which allows for the efficient distribution of marine powder to markets around the world and helps to create dominance.
What is Driving Marine Powder Demand in Japan?
Consumers in Japan Often Use Marine Based Products for Health & Beauty Products
During the assessment period. By 2033, the Japanese market size is expected to reach US$ 3147.2 million.
Several factors influence the demand for marine powder in Japan. Japanese consumers place great emphasis on natural ingredients derived from the ocean for their health and beauty benefits. Many traditional herbal medicine practices (kampo) utilize seaweeds, shellfish, algae, shark cartilage, abalone, lobster carapace, tuna swim bladder, crab blood, and salmon skin extracts, underscoring deep historical roots valuing ocean-derived assets.
Today's personal care industries tap these ancient wisdoms while adapting to modern needs, capitalizing on innovations stemming from advanced technologies honed during years of fervent product development. These efforts translate to diverse marine-based offerings featuring distinct functions targeted towards specific age groups, skin types, hair conditions, cosmetic goals, or even seasonal preferences.
Anti-aging serums enriched with deep-sea water containing microelements and minerals essential for collagen synthesis, visibly reducing the appearance of wrinkles and fine lines when applied regularly after toning pores post-cleanse.
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Category-wise Insights :
Why Fish Protein Powder Demand is High on a Global Level Compared to Other Related Marine Powders?
Wider Applicability across Different Industry and Essential Amino Acids for Human Nutrition
Based on the Product type, demand is expected to remain high for fish protein powder during the assessment period. As per Fact.MR, with a market share of Fish Powder around 39.4%.
Wider Applicability across Different Industries and Many business segments can use fish protein powder, including sports nutrition, dairy alternatives, pet foods, pharmaceuticals, and aquaculture feed industries. This diversification leads to a broader customer base and increased demand compared to single industry products.
Health-conscious individuals seeking low-carb, low-fat supplements often opt for fish protein powders over other marine options like krill or shrimp because they have a better reputation for their nutritive qualities. While these other proteins offer unique benefits, fish protein remains popular due to greater familiarity.
What is the Reason for Buying a Marine Powder Online Platform over Other Channels?
On an Online Platform Variety of Options Are Available for Marine Powders and Consumers Get the Right Information with Ease & Convince
Online resources provide thorough product information, including ingredients, dosage advice, and potential benefits. Consumers can make informed decisions by learning about the different types of marine Powder available. To learn more about the effectiveness and quality of the products, they can also read customer reviews and ratings before making a purchase.
The selection of marine Powder offered by online merchants is frequently larger than that of conventional brick-and-mortar merchants. Consumers can find a wide range of formulations, strengths, and ingredients from different brands in the products they can buy. The Powder that best fits their particular needs and preferences can then be chosen by them.
Customers can browse a selection of marine Powder, check out prices, and buy without ever leaving their homes. Particularly benefited by this are those who might not have easy access to physical stores that sell marine powder.
What are the Uses and Benefits of Shellfish Powder?
Flavour- Enhancing Properties and Nutritional benefits and Animal Feeding
Shellfish powder, derived from the shells of various shellfish species, has several end-use applications due to its unique properties and nutritional content.
As a flavour-enhancing agent and source of nutrients, shellfish powder is used in the food industry. To give food a rich umami flavour akin to fish or seafood broth, it can be added to sauces, soups, and stocks. Additionally, the powder is utilized as a seasoning, condiment, and natural seafood flavouring in snack foods. Its high mineral content, which includes calcium, magnesium, and potassium, makes it a useful component in dietary supplements and fortified food items, supporting the health of the bones and a balanced diet.
The use of shellfish powder in agriculture and animal feed is another. It is an excellent source of calcium carbonate, which works as a soil amendment to raise pH levels and improve soil structure. Farmers regularly use shellfish powder as a natural fertilizer and liming agent to encourage plant growth and increase crop yield. The powder can be added to the diets of poultry, swine, and aquaculture animals as a calcium supplement in animal feed to promote the development of strong bones and improve the quality of their eggshells.
Competitive Landscape :
To satisfy consumer demand, top marine Powder producers regularly release a new line of products. To gain a competitive edge in the market, they are also utilizing tactics like mergers and acquisitions, partnerships, distribution agreements, collaborations, partnership, advertisements, and celebrity endorsements.
For instance :
- Garden of Life introduced Oceans 3 Healthy Hormones, a marine-based Powder designed specifically to support women's hormonal balance. It combines botanicals, omega-3 fish oils, and necessary nutrients.
- In 2020, Croda International launched a new range of marine-based powders called SeaSpire. The powders are derived from sustainably sourced seaweed and provide benefits for skin hydration, anti-aging, and anti-inflammatory properties.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Scope of the Report :
Attribute | Details |
---|---|
Market Size Value in 2023 |
US$ 11,825.8 million |
Market Forecast Value in 2033 |
US$ 23,486.5 million |
Anticipated Growth Rate (2023 to 2033) |
7.1% CAGR |
Forecast Period |
2023 to 2033 |
Historical Data Available for |
2018 to 2022 |
Market Analysis |
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Key Regions Covered |
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Key Countries Covered |
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Key Market Segments Covered |
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Key Companies Profiled |
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Marine Powder Market by Category :
-
By Product Type :
- Fish Protein Powder
- Algae-Based Powder
- Shellfish Powder
- Fish Meal Powder
-
By Source :
- Fish
- Algae/Seaweed
- Shellfish
- Other
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By End Use :
- Food & Beverages
- Dietary Supplements
- Pharmaceuticals
- Animal feed
- Other
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By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
- FAQs -
How Big Is the Global Marine Powder Industry?
The Marine Powder market is estimated to reach a valuation of about US$ 11,825.8 million in 2023.
What Is the Growth Projection for the Worldwide Marine Powder Industry by 2033?
The global Marine Powder market value is projected to reach US$ 23,486.5 million by 2033.
At What Rate Is Global Demand for Marine Powder Expected to Increase from 2023 To 2033?
Global Marine Powder demand is expected to increase at a CAGR of around 7.1% through 2033.
Which Region Is Expected to Hold a Prominent Market Share by 2033?
The United States is expected to have a market share of 34.1% by the end of 2033.
What Was the Historical CAGR for the Marine Powder Market?
Global demand for Marine Powder registered a CAGR of 6.8% historically, from 2018 to 2022.