Seafood Extracts Market Size and Share

Seafood Extracts Market Summary
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Seafood Extracts Market Analysis by Mordor Intelligence

The seafood extracts market size stood at USD 10.30 billion in 2025 and is projected to reach USD 14.11 billion by 2030, reflecting a 6.50% CAGR. Wide adoption of marine-derived bioactives, stricter clean-label preferences, scalable aquaculture systems, and continual progress in supercritical CO₂ and deep eutectic solvent extraction technologies sustain long-run expansion. Consumer trust in recognizable ingredients accelerates the shift away from synthetic additives, while regulatory bodies raise quality benchmarks that favor suppliers able to certify sustainability and traceability. For instance, according to the International Food Information Council, in 2023, approximately 29% of respondents in the United States mentioned that they buy food and beverages on a regular basis because they are labeled as "clean ingredients"[1]Source: International Food Information Council, "2023 Food and Health Survey", www.ific.org. Vertical integration by established processors secures raw-material flow and unlocks circular-economy valorization of by-products. At the same time, biotechnology entrants shorten development cycles, intensifying innovation across food, nutraceutical, cosmetic, and feed applications.

Key Report Takeaways

  •  By source, fish extracts commanded 39.40% of the seafood extracts market share in 2024, whereas seaweed and algae extracts are forecast to expand at a 7.20% CAGR to 2030. 
  •  By form, liquid products led with 61.30% revenue share in 2024, while powder formulations are advancing at a 7.34% CAGR through 2030. 
  •  By application, food and beverage accounted for 48.40% of the seafood extracts market size in 2024, and nutraceuticals are projected to register the fastest 8.10% CAGR to 2030. 
  •  By geography, North America held 32.10% share of the seafood extracts market in 2024, whereas Asia-Pacific is set to grow at a 7.56% CAGR up to 2030. 

Segment Analysis

By Source: Fish Extracts Lead Despite Seaweed Innovation

Fish extracts commanded 39.40% market share in 2024, maintaining leadership through established supply chains and proven bioactivity profiles across nutraceutical and cosmetic applications. The segment benefits from extensive research validating omega-3 fatty acids, marine collagen, and fish protein hydrolysates for therapeutic applications, creating regulatory advantages over emerging alternatives. However, seaweed and algae extracts emerge as the fastest-growing source segment with 7.20% CAGR through 2030, driven by sustainability advantages and novel bioactive compounds like fucoidan and phlorotannins. Crustacean extracts, primarily chitin and chitosan derivatives, maintain steady demand in pharmaceutical and cosmetic applications, while mollusc extracts serve niche markets requiring specific functional properties.

Technological innovations reshape source segment dynamics, with advanced extraction methods enabling recovery of previously inaccessible compounds from marine by-products. Chalmers University's breakthrough in sea lettuce protein extraction, achieving three times higher efficiency than conventional methods, demonstrates how processing innovations can unlock new source materials. Seaweed cultivation's carbon-negative footprint positions this source segment favorably as environmental regulations tighten globally, while fish-based extracts face increasing scrutiny regarding overfishing impacts on marine ecosystems.

Seafood Extracts Market: Market Share by Source
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By Form: Liquid Dominance Challenged by Powder Innovation

Liquid extracts held 61.30% market share in 2024, driven by established processing infrastructure and ease of use in food and cosmetic formulations. The liquid form integrates seamlessly into beverages, sauces, and topical products without dissolution steps that risk bioactivity loss. Continuous extraction systems enhance manufacturing efficiency with higher throughput and lower costs compared to powder production, which requires drying and milling. Liquid forms also enable real-time quality control, ensuring bioactive concentration adjustments to meet specifications.

Powder formulations are growing at a 7.34% CAGR through 2030, supported by microencapsulation technologies that improve stability and reduce odor issues. In 2024, microencapsulated DHA-rich algal oil powder using infant rice powder achieved 85.20% encapsulation efficiency, significantly reducing fishy odors. Ozone oxidation techniques for tuna peptide powder cut fishy odor by 66.5% while preserving protein activity, expanding cosmetic applications, as noted in the Marine Drugs report, 2025. Powder forms offer longer shelf life and lower shipping costs, benefiting Asian suppliers targeting North American and European markets. Functional food applications increasingly prefer powders for easy incorporation into baked goods, protein supplements, and instant beverages without altering texture or appearance.

Global Seafood Extracts Market: Market Share by Form
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By Application: Nutraceuticals Drive Growth Beyond Food Dominance

Food and beverage applications accounted for 48.40% market share in 2024, leveraging marine extracts' functional properties as natural preservatives, emulsifiers, and nutritional enhancers. The segment benefits from established regulatory frameworks and consumer familiarity with marine-derived ingredients like carrageenan and alginate in processed foods. Traditional applications in seafood processing utilize marine extracts for flavor enhancement and shelf-life extension, while emerging applications incorporate bioactive compounds for functional food development. The food segment's maturity creates pricing pressures that favor high-volume, low-margin applications over premium bioactive formulations.

Nutraceuticals and dietary supplements emerge as the fastest-growing application segment with 8.10% CAGR through 2030, driven by clinical evidence supporting marine bioactives' therapeutic benefits. Marine collagen supplements demonstrate measurable improvements in skin hydration and elasticity, with tuna skin-derived collagen showing superior bioavailability compared to bovine alternatives. AstaReal's algae-based formulation combining astaxanthin and omega-3 fatty acids gained significant traction at Vitafoods 2024, reflecting industry momentum toward synergistic marine ingredient combinations. Animal feed and aquafeed applications maintain steady growth, with marine protein hydrolysates improving growth performance and disease resistance in aquaculture operations. Cosmetics and personal care applications expand rapidly, particularly in Asian markets where marine-derived anti-aging ingredients command premium pricing in skincare formulations.

Seafood Extracts Market: Market Share by Application
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Geography Analysis

North America maintained 32.10% market share in 2024, supported by established nutraceutical distribution networks and stringent quality standards that favor premium marine extract products. The region's regulatory framework, including FDA oversight and NOAA inspection programs, creates barriers to entry while ensuring product quality that commands price premiums in global markets. Consumer willingness to pay for natural and sustainable ingredients drives demand for certified marine extracts, particularly in functional food and dietary supplement applications. The region's technological leadership in extraction methods and bioactive research maintains competitive advantages despite higher production costs compared to Asian alternatives.

Asia-Pacific demonstrates the strongest growth momentum with 7.56% CAGR through 2030, driven by expanding aquaculture infrastructure and rising consumer awareness of marine bioactives' health benefits. China's seafood import surge to 4.6 million metric tons valued at USD 18.8 billion in 2023 reflects growing domestic demand that supports extract production. Japan's IFIA/HFE exhibition in 2024 showcased significant innovation in marine-derived functional ingredients, with 377 exhibitors highlighting the region's technological advancement. The region's cost advantages in seaweed cultivation and fish processing create competitive pricing for bulk marine extracts, while growing domestic consumption reduces export dependency. 

European markets maintain steady demand for premium marine extracts, with sustainability certifications increasingly influencing purchasing decisions across food and cosmetic applications.

Global Seafood Extracts Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The seafood extracts market exhibits fragmentation with established food conglomerates competing alongside specialized biotechnology firms and emerging aquaculture-integrated processors. Market concentration remains relatively low, with no single player commanding more than 15% market share, creating opportunities for strategic consolidation and technology-driven differentiation. Traditional seafood processors like Thai Union Group and Maruha Nichiro leverage vertical integration advantages, controlling raw material supply while expanding into high-value bioactive extraction. 

Specialty ingredient companies such as Symrise and Firmenich focus on premium applications requiring consistent quality and regulatory compliance, commanding price premiums through technical expertise and customer relationships. Technology adoption patterns reveal distinct competitive strategies, with established players investing in advanced extraction infrastructure while startups pursue novel bioactive discovery and sustainable sourcing models. Thai Union's USD 30 million marine collagen facility investment demonstrates how incumbents are pivoting toward higher-margin bioactive compounds. 

Emerging opportunities exist in circular economy applications, where companies developing innovative waste valorization technologies can capture value from previously discarded seafood processing by-products. The competitive landscape increasingly favors companies with sustainability certifications and traceability systems, as regulatory requirements and consumer preferences shift toward environmentally responsible sourcing practices.

Seafood Extracts Industry Leaders

  1. Thai Union Group PCL

  2. Symrise AG

  3. Nikken Foods Co., Ltd.

  4. Maruha Nichiro Corp.

  5. Firmenich International S.A.

  6. *Disclaimer: Major Players sorted in no particular order
Global Seafood Extracts Market
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Recent Industry Developments

  • June 2025: BioMara, a seaweed biotech startup, launched Revyntra, a high-purity fucoidan cosmetic active derived from regeneratively farmed seaweed. It supports skin hydration, antioxidant defense, anti-aging, and environmental protection. It is suitable for serums, creams, masks, and hair products, representing a next-generation marine-derived skin and hair care ingredient.
  • June 2025: Macro Oceans launched Big Kelp Flex, a seaweed cellulose ingredient designed to replace synthetic materials in skincare. It creates a smooth, hydrating visco-gel structure for superior skin feel and stability without microplastics. This followed the company’s 2024 Big Kelp Hydration launch, both focused on sustainability and high performance in natural skin care products.
  • April 2025: Profand Seafood introduced Snackish fish churros made with fish flour from salmon and cod instead of wheat flour. The product is a protein-rich, healthier alternative to traditional churros. Launched at the Seafood Expo Global in Barcelona, it aligns with sustainability goals and includes flavorful sauces like sweet pepper and tartar, targeting health-conscious consumers.
  • July 2024: Hi-Q Marine Biotech International Ltd. launched FucoSkin CS, a seaweed extract for skincare applications, emphasizing environmental protection and sustainable beauty. It is COSMOS Approved (certified by Ecocert), highlighting safety and eco-friendliness in marine-based ingredients for personal care products. This launch extended the FucoSkin product line with a focus on clean, sustainable marine resources beyond food use.

Table of Contents for Seafood Extracts Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Demand for Natural and Clean-Label Ingredients
    • 4.2.2 Expansion of Marine capture Practices
    • 4.2.3 Increasing Use in Functional Foods and Nutraceuticals
    • 4.2.4 Increasing Application in Cosmetics and Personal Care
    • 4.2.5 Technological Advancements in Extraction Methods
    • 4.2.6 Focus on Sustainability and Eco-Friendly Sourcing
  • 4.3 Market Restraints
    • 4.3.1 Environmental Concerns and Sustainability Issues
    • 4.3.2 Competition from Synthetic and Alternative Ingredients
    • 4.3.3 High Operational and Production Costs
    • 4.3.4 Stringent Regulatory Compliance and Food Safety Standards
  • 4.4 Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS

  • 5.1 By Source
    • 5.1.1 Fish Extracts
    • 5.1.2 Crustacean Extracts
    • 5.1.3 Mollusc Extracts
    • 5.1.4 Seaweed and Algae Extracts
  • 5.2 By Form
    • 5.2.1 Liquid
    • 5.2.2 Powder
  • 5.3 By Application
    • 5.3.1 Food & Beverage
    • 5.3.2 Nutraceuticals/Dietary Supplements
    • 5.3.3 Animal Feed & Aquafeed
    • 5.3.4 Pharmaceuticals
    • 5.3.5 Cosmetics and Personal Care
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.1.4 Rest of North America
    • 5.4.2 South America
    • 5.4.2.1 Brazil
    • 5.4.2.2 Argentina
    • 5.4.2.3 Colombia
    • 5.4.2.4 Chile
    • 5.4.2.5 Rest of South America
    • 5.4.3 Europe
    • 5.4.3.1 United Kingdom
    • 5.4.3.2 Germany
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Spain
    • 5.4.3.6 Russia
    • 5.4.3.7 Sweden
    • 5.4.3.8 Belgium
    • 5.4.3.9 Poland
    • 5.4.3.10 Netherlands
    • 5.4.3.11 Rest of Europe
    • 5.4.4 Asia-Pacific
    • 5.4.4.1 China
    • 5.4.4.2 Japan
    • 5.4.4.3 India
    • 5.4.4.4 Thailand
    • 5.4.4.5 Singapore
    • 5.4.4.6 Indonesia
    • 5.4.4.7 South Korea
    • 5.4.4.8 Australia
    • 5.4.4.9 New Zealand
    • 5.4.4.10 Rest of Asia Pacific
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 United Arab Emirates
    • 5.4.5.2 South Africa
    • 5.4.5.3 Saudi Arabia
    • 5.4.5.4 Nigeria
    • 5.4.5.5 Egypt
    • 5.4.5.6 Morocco
    • 5.4.5.7 Turkey
    • 5.4.5.8 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Thai Union Group PCL
    • 6.4.2 Symrise (Diana Food)
    • 6.4.3 Nikken Foods
    • 6.4.4 Maruha Nichiro Corp.
    • 6.4.5 Firmenich SA
    • 6.4.6 Seafood Flavours A/S
    • 6.4.7 Haco Ltd.
    • 6.4.8 BD Foods Ltd.
    • 6.4.9 Man Trust Co.
    • 6.4.10 OceanPro Industries
    • 6.4.11 Koyo Shinyaku Co.
    • 6.4.12 CJ CheilJedang
    • 6.4.13 Cargill Marine Protein
    • 6.4.14 ScanBio Marine Group
    • 6.4.15 Hofseth BioCare
    • 6.4.16 BioOregon Protein
    • 6.4.17 Omega Protein Corp.
    • 6.4.18 TASA (Tecnologica de Alimentos)
    • 6.4.19 Austevoll Seafood
    • 6.4.20 Shenzhen Nisshin Oillio

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

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Global Seafood Extracts Market Report Scope

By Source
Fish Extracts
Crustacean Extracts
Mollusc Extracts
Seaweed and Algae Extracts
By Form
Liquid
Powder
By Application
Food & Beverage
Nutraceuticals/Dietary Supplements
Animal Feed & Aquafeed
Pharmaceuticals
Cosmetics and Personal Care
By Geography
North America United States
Canada
Mexico
Rest of North America
South America Brazil
Argentina
Colombia
Chile
Rest of South America
Europe United Kingdom
Germany
France
Italy
Spain
Russia
Sweden
Belgium
Poland
Netherlands
Rest of Europe
Asia-Pacific China
Japan
India
Thailand
Singapore
Indonesia
South Korea
Australia
New Zealand
Rest of Asia Pacific
Middle East and Africa United Arab Emirates
South Africa
Saudi Arabia
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa
By Source Fish Extracts
Crustacean Extracts
Mollusc Extracts
Seaweed and Algae Extracts
By Form Liquid
Powder
By Application Food & Beverage
Nutraceuticals/Dietary Supplements
Animal Feed & Aquafeed
Pharmaceuticals
Cosmetics and Personal Care
By Geography North America United States
Canada
Mexico
Rest of North America
South America Brazil
Argentina
Colombia
Chile
Rest of South America
Europe United Kingdom
Germany
France
Italy
Spain
Russia
Sweden
Belgium
Poland
Netherlands
Rest of Europe
Asia-Pacific China
Japan
India
Thailand
Singapore
Indonesia
South Korea
Australia
New Zealand
Rest of Asia Pacific
Middle East and Africa United Arab Emirates
South Africa
Saudi Arabia
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is the current value of the seafood extracts market?

The seafood extracts market size reached USD 10.30 billion in 2025 and is projected to grow to USD 14.11 billion by 2030.

Which region leads global sales?

North America led with 32.10% market share in 2024, supported by strong nutraceutical distribution networks and strict quality rules.

What is driving the fastest growth regionally?

Asia-Pacific posts the highest 7.56% CAGR due to expanding aquaculture capacity and rising consumer awareness of marine bioactives.

Which application segment is expanding most rapidly?

Nutraceuticals are forecast to register an 8.10% CAGR through 2030 as clinical studies validate marine collagen, omega-3, and polysaccharide benefits.

Why are powder formulations gaining traction?

Microencapsulation now controls oxidation and odor, giving powders longer shelf life and easier incorporation into dry products, enabling a 7.34% CAGR.

What sustainability certifications matter for suppliers?

Marine Stewardship Council, Aquaculture Stewardship Council, and NOAA inspection standards are increasingly required by retailers and regulators.

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