Market Overview:
The global seafood powders market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for convenience foods and rising awareness about the health benefits of seafood powders. The global seafood powders market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into crab extract powder, lobster extract powder, anchovy extract powder, and others. Crab extract powder accounted for a major share of the global seafood powders market in 2017 owing to its high nutritional value and health benefits. On the basis of application, it is segmented into dressings, soups & sauces, snacks & bakery products,, breakfast cereals & bars,, confectionery items,, meat products,. Dressings accounted for a major share ofthe global Seafood Powders Market in 2017 due to their growing popularity as healthy condiments across various regions worldwide.
Product Definition:
A seafood powder is a dry, pulverized form of seafood that has been freeze-dried or dehydrated. It is often used as a seasoning in recipes or to add flavor to food products.
Crab Extract Powder:
Crab extract powder is a concentrated liquid derived from the crab meat. The product has high protein content and low water content which makes it ideal for use in various food products. It contains amino acids, vitamins, minerals such as iron & calcium along with other nutrients that are beneficial for human health too. This is one of the major reasons why this product finds application in seafood powders and why it's growth factor is significant in this market.
Lobster Extract Powder:
Lobster extract powder is a concentrated liquid made from the shells and meat of lobsters. It has several health benefits such as it helps in reducing cholesterol levels, blood pressure, and obesity. It also helps to maintain body functions such as digestion and absorption. Furthermore, it contains proteins which are essential for muscle building and tissue repair.
Application Insights:
In terms of application, the market has been segmented into dressings, soups, sauces and others. The dressings segment dominated the overall industry in 2017 and is expected to maintain its dominance over the forecast period. This is attributed to increasing demand for seafood powders as a dressing ingredient in various restaurants across countries such as China, Japan and U.S. In addition, growing popularity for innovative new flavors that are being introduced with seafood flavored dressings will drive product demand over the forecast period.
Regional Analysis:
North America accounted for the largest share of more than 35.0% in 2017 owing to the high consumption of seafood and increasing demand for processed seafood products in countries, such as U.S., Canada, and Mexico. The growing popularity of these products is attributed to their enhanced taste and flavor compared to fresh fish powder counterparts.
Growth Factors:
- Increasing demand for seafood products in the global market
- Rising disposable income of consumers in developing countries
- Proliferation of supermarkets and modern retail formats
- Growing popularity of ready-to-eat and processed seafood products
- Technological advancements in food processing industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Seafood Powders Market Research Report
By Type
Crab Extract Powder, Lobster Extract Powder, Anchovy Extract Powder, Others
By Application
Dressings, Soups, Sauces, Others
By Companies
Seafood Flavours, International Ingredient Solutions, Nikken Foods USA, Advanced Biotech, Savoury Systems International, Chaijinda Seafood, Kanegrade, Scan American Food Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Seafood Powders Market Report Segments:
The global Seafood Powders market is segmented on the basis of:
Types
Crab Extract Powder, Lobster Extract Powder, Anchovy Extract Powder, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dressings, Soups, Sauces, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Seafood Flavours
- International Ingredient Solutions
- Nikken Foods USA
- Advanced Biotech
- Savoury Systems International
- Chaijinda Seafood
- Kanegrade
- Scan American Food Company
Highlights of The Seafood Powders Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Crab Extract Powder
- Lobster Extract Powder
- Anchovy Extract Powder
- Others
- By Application:
- Dressings
- Soups
- Sauces
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Seafood Powders Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Seafood powders are a type of protein powder that is made from seafood. They are often used as a supplement to help increase the amount of protein in the diet.
Some of the major players in the seafood powders market are Seafood Flavours, International Ingredient Solutions, Nikken Foods USA, Advanced Biotech, Savoury Systems International, Chaijinda Seafood, Kanegrade, Scan American Food Company.
The seafood powders market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Seafood Powders Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Seafood Powders Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Seafood Powders Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Seafood Powders Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Seafood Powders Market Size & Forecast, 2020-2028 4.5.1 Seafood Powders Market Size and Y-o-Y Growth 4.5.2 Seafood Powders Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Crab Extract Powder
5.2.2 Lobster Extract Powder
5.2.3 Anchovy Extract Powder
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Dressings
6.2.2 Soups
6.2.3 Sauces
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Seafood Powders Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Seafood Powders Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Crab Extract Powder
9.6.2 Lobster Extract Powder
9.6.3 Anchovy Extract Powder
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Dressings
9.10.2 Soups
9.10.3 Sauces
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Crab Extract Powder
10.6.2 Lobster Extract Powder
10.6.3 Anchovy Extract Powder
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Dressings
10.10.2 Soups
10.10.3 Sauces
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Crab Extract Powder
11.6.2 Lobster Extract Powder
11.6.3 Anchovy Extract Powder
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Dressings
11.10.2 Soups
11.10.3 Sauces
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Crab Extract Powder
12.6.2 Lobster Extract Powder
12.6.3 Anchovy Extract Powder
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Dressings
12.10.2 Soups
12.10.3 Sauces
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Crab Extract Powder
13.6.2 Lobster Extract Powder
13.6.3 Anchovy Extract Powder
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Dressings
13.10.2 Soups
13.10.3 Sauces
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Seafood Powders Market: Competitive Dashboard
14.2 Global Seafood Powders Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Seafood Flavours
14.3.2 International Ingredient Solutions
14.3.3 Nikken Foods USA
14.3.4 Advanced Biotech
14.3.5 Savoury Systems International
14.3.6 Chaijinda Seafood
14.3.7 Kanegrade
14.3.8 Scan American Food Company