Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on marine
ingredients market provides in-depth analysis of segments and sub-segments in
the global as well as regional marine ingredients market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional marine ingredients market over the short term as well as
long term. The report is a comprehensive presentation of trends, forecast and
dollar values of global marine ingredients market. According to the report, the
global marine ingredients market is projected to grow at a CAGR of 4.9% over
the forecast period of 2019-2025.
Marine ingredients market is healthy products used as human food
or animal feed. These ingredients are obtained from a different type of sea
living organism such as krill, fish, algae, and shellfish. Fish meal and fish
oils are more widely used marine ingredients market as compared to the other
marine products. As the awareness about the different type of marine
ingredients market is increasing among the common mass and new startups are
coming up with some innovative application of marine ingredient products, its
demand is increasing among them. Further, the development of new technologies
and techniques are facilitating the application of the different marine
by-products for different purposes. The concentrated marine peptide and
proteins, as well as products obtained from different algae, are few new
products used as marine ingredients market. Additionally, the growing
application of the marine ingredients market in the pharmaceutical industries
such as omega-3 fatty acids EPA and DHA concentrates as capsules and
supplements are helping to grow the marine nutraceuticals market. Additionally,
marine ingredients market is used in several applications, which range from
the traditional application as feed ingredients to modern application such as
healthy food supplements, cosmetics ingredients, and pharmaceutical
ingredients.
The growing application of the different marine ingredients market
for pharmaceuticals, cosmetics, feed, and other purposes are helping to grow
the demand of the marine ingredients market around the world. Different types
of marine ingredients market such as a marine sponge, seaweeds, shark fish,
marine turtles, coral, jellyfish, hydras, phytoplankton, and sea funnel are
used as key ingredients for the cosmetic ingredients. These marine ingredients
market are a rich source of the anti-tumor, anti-microbial and anti-inflammatory
agents, hence its application is growing day by day in the pharmaceutical
industry. Several marine-based cosmetic and pharmaceutical ingredients are used
from a long period, are rich in anti-oxidants, anti-cancer, anti-microbial
properties.
Geographically, North America is the major player of the marine
ingredients market, owing to the presence of the leading cosmetics and
pharmaceutical companies in this region. Additionally, the presence of the
several food processing companies and food restaurants chains in this region is
expediting the demand of food grade marine ingredients market for human
consumption purpose. Europe is the second largest market for the marine ingredients
market after North America. The Asia-Pacific market is expected to grow at
the highest CAGR during the forecast period owing to the growing demand of
different type of marine-based cosmetic, food and medicine among the consumers
in this region.
The report on global marine ingredients market covers segments
such as product, form, ingredient, and end use. On the basis of product, the
sub-markets include fish meal, liquid, and other products. On the basis of
form, the sub-markets include powder and liquid. On the basis of ingredient,
the sub-markets include protein, fatty acids, and other ingredients. On the
basis of end use, the sub-markets include poultry feed, animal food, food &
beverages, infant formula, pharmaceuticals, cosmetics & personal care, and
other end use.
The report provides profiles of the companies in the market such
as Titan Biotech Ltd, Gelita AG, Alaska Protein Recovery LLC, A. Costantino
& C. S.P.A, Bio-Oregon Protein, Scanbio SA, Symrise AG, SA Copalis, and
TripleNine Fish Protein A/S.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of marine
ingredients market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.
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