Seafood Extracts Market Size and Share

Seafood Extracts Market (2026 - 2031)
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Seafood Extracts Market Analysis by Mordor Intelligence

The Seafood Extracts Market size is projected to be USD 10.30 billion in 2025, USD 10.98 billion in 2026, and reach USD 15.13 billion by 2031, growing at a CAGR of 6.62% from 2026 to 2031. 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 2025, approximately 13% of respondents in the United States mentioned that they prefer "clean eating"[1]Source: International Food Information Council, "2025 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 derivatives led with 39.82% of the seafood extracts market share in 2025, and seaweed and algae extracts are projected to expand at a 7.05% CAGR to 2031, the fastest among sources.
  • By form, liquid products accounted for 62.98% of 2025 volume, and powder formats are forecast to grow at 6.84% CAGR through 2031.
  • By application, food and beverages held 43.22% of 2025 revenue, and nutraceuticals are advancing at 7.56% CAGR to 2031, outpacing all other uses.
  • By geography, North America captured 32.33% of sales in 2025, and Asia-Pacific is set to post the highest regional CAGR at 8.19% over 2026-2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Source: Fish Extracts Lead Despite Seaweed Innovation

In 2025, fish extracts led the market, contributing 39.82% of revenue. This growth was driven by established streams from tuna, anchovy, and whitefish by-products, essential for producing fishmeal, fish oil, and collagen peptides. In March 2026, Maruha Nichiro rebranded its next-generation protein unit to "Umios" and unveiled 45 marine-derived product launches, emphasizing the industry's focus on maximizing value from fish frames, heads, and skins previously used for low-value rendering. Thai Union's USD 30 million marine collagen facility, operational since 2025 with a 1,500-tonne annual capacity, highlights vertical integration to capture margins in high-value bioactive segments. Peru's anchovy biomass reached 10.92 million tonnes in 2025, with a 3-million-tonne fishing quota ensuring stable feedstock for fishmeal and omega-3 concentrate production. Chile's 2024 landings surged 53%, leading to a 2025 quota of 710,000 tonnes, reflecting improved stock management and favorable oceanographic conditions.

Seaweed and algae extracts are projected to grow at a 7.05% CAGR from 2026 to 2031, the fastest among all segments, driven by offshore cultivation that bypasses wild-harvest quotas and ensures consistent quality. Biorefinery techniques unlock multiple revenue streams from a single kelp or spirulina harvest, including protein isolates for food fortification, carrageenan and agar for gelling, phycocyanin for natural coloring, and residual biomass for animal feed or biofuel. In 2024, China's fishmeal imports reached 1.9 million tonnes, with consumption expected to rise 20% in 2025 as aquaculture operators increasingly substitute fishmeal with seaweed-derived proteins to reduce feed costs and improve sustainability metrics. Data from the International Fishmeal and Fish Oil Organisation's Asia Summit revealed Asia supplies 30-35% of global fishmeal and fish oil. However, seaweed cultivation is expanding faster than wild-fish landings, particularly in Indonesia, the Philippines, and South Korea, where government subsidies cover 40-60% of offshore-farm capital costs. Crustacean and mollusc extracts, valued for their high astaxanthin and taurine content, face supply constraints as shrimp and crab by-products are increasingly diverted to chitin and chitosan production for pharmaceutical and cosmetic applications.

Seafood Extracts Market: Market Share by Source
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Seafood Extracts Market: Market Share by Source

By Form: Liquid Dominance Challenged by Powder Innovation

In 2025, liquid extracts accounted for 62.98% of the market volume, favored in ready-to-eat soups, sauces, and marinades for their blending ease and quick flavor release. Thailand's canned seafood exports surged by 19.7% in 2024, reaching 833,000 tonnes and valued at USD 3.8 billion. Liquid seafood extracts played a pivotal role as the flavor backbone for private-label products in European and North American supermarkets. Liquid formats also dominate aquafeed applications, with fish hydrolysates sprayed onto pellets to boost palatability and feed conversion ratios. Highlighting the significance of liquid extracts in the aquaculture value chain, Cargill Aqua Nutrition sold 1.94 million tonnes of aquafeed in 2024, sourcing 90.5% of its marine ingredients from MSC-certified fisheries or fishery-improvement projects.

From 2026 to 2031, powder seafood extracts are projected to grow at a 6.84% CAGR. Their rise is driven by superior shelf stability, reduced freight costs, and adaptability to capsule and sachet formats in nutraceuticals. Advancements in spray-drying and freeze-drying technologies now preserve volatile flavor compounds and bioactive peptides, enabling powder extracts to rival liquid formats in sensory performance while avoiding cold-chain logistics. MVS Pharma launched MVS Omega-3 capsules in March 2026, delivering 758 milligrams of EPA and 362 milligrams of DHA in a re-esterified triglyceride form with over 92% purity. This encapsulation method protects omega-3 from oxidation, extending shelf life to 24 months at room temperature. The Collagen Co USA offers marine collagen powder, derived from Australian wild-caught fish scales, delivering 10,000 milligrams per serving with a molecular weight below 2 kilodaltons. It targets the beauty-from-within market, where consumers prefer single-ingredient powders for blending into smoothies and beverages. Powder formats are also gaining traction in dry seasoning blends and instant-noodle flavor packets, where moisture control prevents caking and microbial growth, and in pet-food toppers, allowing owners to enhance palatability with concentrated marine protein without increasing liquid volume.

By Application: Nutraceuticals Drive Growth Beyond Food Dominance

In 2025, food and beverage applications accounted for 43.22% of the market revenue, encompassing ready meals, soups, sauces, snacks, and functional beverages. These applications harness seafood extracts to enhance umami depth, fortify with minerals, and maintain clean-label declarations. A trade agreement in February 2025 between Thailand and China greenlit the export of 50,000 metric tonnes of white seabass. This move is set to rake in THB 4.9 billion in revenue, with a notable chunk earmarked for extract production. These extracts are poised to cater to China's burgeoning instant-noodle and hot-pot seasoning markets. While liquid seafood extracts lead the charge due to their seamless integration into liquid matrices, powdered forms are carving a niche in dry seasoning blends and bouillon cubes, where moisture management is paramount. In the realms of animal feed and aquafeed, lower-grade fish hydrolysates and fishmeal find a home. Cargill Aqua Nutrition, a major player, moved 1.94 million tonnes of feed in 2024. However, these segments grapple with slimmer per-tonne margins and face competition from emerging alternatives like insect protein and single-cell protein.

From 2026 to 2031, nutraceuticals and dietary supplements are projected to grow at a 7.56% CAGR, the fastest among all application segments. Clinical studies link marine collagen to improved skin hydration and omega-3 ethyl esters to reduced triglyceride levels. NOW Foods' Aquatic Beauty+ capsules, featuring 1 gram of MoriKol marine collagen tripeptides sourced from tilapia, report a 3-fold hydration boost in 6 weeks and a 6-fold elasticity enhancement in 12 weeks, enabling premium pricing. Natural Factors introduced Total Body Marine Collagen, utilizing Collactive Marine Collagen from wild-caught whitefish—cod, pollock, saithe, haddock, and plaice. Each serving delivers 1,880 milligrams of collagen and 120 milligrams of elastin, targeting joint and skin health. The U.S. FDA, in June 2025, approved OMTRYG, a prescription omega-3 ethyl-ester product containing at least 900 milligrams per capsule, including approximately 465 milligrams of EPA and 375 milligrams of DHA, setting therapeutic dosing benchmarks for over-the-counter brands. Pharmaceuticals and cosmetics applications, though smaller, are steadily growing as marine-derived excipients and active ingredients gain recognition for their biocompatibility and regulatory acceptance.

Seafood Extracts Market: Market Share by Application
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Seafood Extracts Market: Market Share by Application

Geography Analysis

North America maintained 32.33% market share in 2025, 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 8.19% CAGR through 2031, 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. 

Europe, South America, and the Middle East and Africa contribute smaller shares but have distinct growth drivers. In Europe, the European Food Safety Authority's 2025 guidance mandates full disclosure of processing aids in marine-derived ingredients, prompting suppliers to adopt enzyme-based clarification over chemical solvents. Marine Stewardship Council data reveals UK retail sales of MSC-certified seafood reached GBP 1.7 billion in 2024, while Australian sales totaled AUD 400 million, reflecting consumer preference for traceable provenance. South America's growth relies on Peru's anchovy biomass, recorded at 10.92 million tonnes in 2025 with a 3-million-tonne fishing quota, and Chile's 53% rise in 2024 landings, supported by a 710,000-tonne quota for 2025. These factors ensure stable feedstock for fishmeal and omega-3 concentrate production. In the Middle East and Africa, rising disposable incomes and urbanization drive demand for fortified foods and supplements, though infrastructure gaps and limited cold-chain logistics pose near-term challenges.

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

The seafood extracts market is fragmented, with established food giants competing against niche biotechnology firms and emerging aquaculture-based processors. No single player holds over a 15% share, creating opportunities for consolidation and tech-driven differentiation. Traditional players like Thai Union Group and Maruha Nichiro leverage vertical integration to secure raw materials while expanding into high-value bioactive extraction, strengthening their market position.

Specialty ingredient firms such as Symrise and Firmenich focus on premium applications requiring consistent quality and regulatory compliance. Their technical expertise and strong customer relationships enable them to command premium pricing. Technology adoption reveals varied strategies: established players invest in advanced extraction infrastructure, while startups explore innovative bioactive discoveries and sustainable sourcing. For example, Thai Union's USD 30 million marine collagen facility highlights the shift toward high-margin bioactive compounds to boost profitability.

Opportunities are growing in circular economy applications, where waste valorization technologies unlock value from seafood by-products. As regulatory frameworks and consumer preferences favor sustainable sourcing, companies with certifications and robust traceability systems gain a competitive edge. Firms aligning with these trends are well-positioned to meet the rising demand for sustainable and traceable seafood extracts.

Seafood Extracts Industry Leaders

  1. Thai Union Group PCL

  2. Symrise AG

  3. Nikken Foods Co., Ltd.

  4. Umios Corporation

  5. dsm-firmenich

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

  • January 2026: Umami Bioworks, a Singaporean cellular agriculture company, has partnered with salmon specialist Nippon Barrier Free. Nippon Barrier Free, which specialises in selling functional materials from salmon, aims to bring cultivated marine cosmetics and supplements to the East Asian country.
  • 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.

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 Sustainable sourcing certifications like MSC attracting eco-conscious buyers
    • 4.2.3 Health benefits from omega-3 fatty acids, peptides, and antioxidants for supplements and functional foods
    • 4.2.4 Expansion in cosmetics for collagen-boosting, anti-aging skincare formulations
    • 4.2.5 Technological advancements in extraction methods
    • 4.2.6 Growth in ready-to-eat meals and convenience foods requiring authentic seafood taste
  • 4.3 Market Restraints
    • 4.3.1 Competition from synthetic and alternative ingredients
    • 4.3.2 Stringent regulatory compliance and food safety standards
    • 4.3.3 Environmental concerns and sustainability issues
    • 4.3.4 High operational and production costs
  • 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 and Beverage
    • 5.3.2 Nutraceuticals/Dietary Supplements
    • 5.3.3 Animal Feed and 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 Europe
    • 5.4.2.1 United Kingdom
    • 5.4.2.2 Germany
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Russia
    • 5.4.2.7 Sweden
    • 5.4.2.8 Belgium
    • 5.4.2.9 Poland
    • 5.4.2.10 Netherlands
    • 5.4.2.11 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Thailand
    • 5.4.3.5 Singapore
    • 5.4.3.6 Indonesia
    • 5.4.3.7 South Korea
    • 5.4.3.8 Australia
    • 5.4.3.9 New Zealand
    • 5.4.3.10 Rest of Asia Pacific
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Colombia
    • 5.4.4.4 Chile
    • 5.4.4.5 Rest of South America
    • 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

Global Seafood Extracts Market Report Scope

The seafood extracts market comprises concentrated bioactive compounds and flavoring ingredients derived from marine sources such as fish, shrimp, crab, seaweed, and other seafood, used to enhance flavor, nutritional value, and functional properties across industries, including food, nutraceuticals, pharmaceuticals, and cosmetics.
The Seafood Extracts Market Report segments the industry by source into fish extracts, crustacean extracts, mollusc extracts, and seaweed and algae extracts; by form into liquid and powder; by application into food and beverage, nutraceuticals/dietary supplements, animal feed and aquafeed, pharmaceuticals, and cosmetics and personal care; and by geography into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. For each segment, the market sizing and forecasts have been based on value (USD).

By Source
Fish Extracts
Crustacean Extracts
Mollusc Extracts
Seaweed and Algae Extracts
By Form
Liquid
Powder
By Application
Food and Beverage
Nutraceuticals/Dietary Supplements
Animal Feed and Aquafeed
Pharmaceuticals
Cosmetics and Personal Care
By Geography
North America United States
Canada
Mexico
Rest of North 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
South America Brazil
Argentina
Colombia
Chile
Rest of South America
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 and Beverage
Nutraceuticals/Dietary Supplements
Animal Feed and Aquafeed
Pharmaceuticals
Cosmetics and Personal Care
By Geography North America United States
Canada
Mexico
Rest of North 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
South America Brazil
Argentina
Colombia
Chile
Rest of South America
Middle East and Africa United Arab Emirates
South Africa
Saudi Arabia
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa

Key Questions Answered in the Report

How big will global demand for seafood extracts be by 2031?

The seafood extracts market is projected to reach USD 15.13 billion by 2031, expanding at a 6.62% CAGR from 2026 to 2031.

Which raw material contributes the most revenue?

Fish by-products such as tuna, anchovy, and whitefish delivered 39.82% of 2025 sales, retaining leadership among all sources.

Which application will outpace others in growth?

Nutraceuticals and dietary supplements are forecast to rise at 7.56% CAGR through 2031 on the back of validated marine collagen and omega-3 benefits.

Why is Asia-Pacific the fastest-growing region?

Government incentives for offshore farming, expanding aquaculture, and rising middle-class supplement use drive an 8.19% regional CAGR.

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