Fucoxanthin Market reached a value of US$ 189.05 Mn. in 2021. The global market is expected to grow at a CAGR of 3.8% during the forecast period. The market is expected to reach a value of US$ 245.45 Mn. by 2027.
Fucoxanthin Market Overview:Fucoxanthin is a xanthophyll, a type of yellow pigment present in the chloroplasts of earthy-coloured green plants. Earthy coloured kelp or green growth, diatoms, and many plants contain fucoxanthin. As part of the photosynthetic cycle, it participates in the light gathering. It has a unique design that includes hydroxyl gatherings and an epoxide bond in the polyene chain, as well as an allenic bond and a formed carbonyl gathering. Fucoxanthin has amazing cell-reinforcing properties because of these characteristics. Fucoxanthin is widely used in food, pharmaceuticals, and restorative endeavours. It is widely utilized in the pharmaceutical industry to improve blood lipid profiles and reduce insulin resistance in humans. In this way, the inclusion of fucoxanthin in pharmaceuticals aids in the treatment of human health problems while also increasing producer interest in fucoxanthin. To know about the Research Methodology :- Request Free Sample Report 2021 is considered as a base year to forecast the market from 2022 to 2027. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2021 is a year of exception and analysis, especially with the impact of lockdown by region.
Fucoxanthin Market Dynamics:High Demand for Fucoxanthin in the Market Due to Preference for Natural Pigment Sources: In the food and beverage sector, fucoxanthin is one of the best natural sources of food colour. As a result of people's increased concern about the adverse effects of artificial food colours on human health, manufacturers are increasingly using natural food colours, resulting in higher demand for fucoxanthin in the food sector in the current and forecast periods. Fucoxanthin also aids in the improvement of blood lipid profiles and the reduction of insulin resistance in obese persons. As a result, there is a significant demand for fucoxanthin in the pharmaceutical business, which will help fuel market expansion throughout the forecast period. It also has some constraints, such as the slowing of economic growth, which is having a detrimental impact on the fucoxanthin market. It's a high-cost source of natural food colouring which is considered as the major factor for restraining the market: The high production costs have a direct impact on sales and limit the market's expansion. However, the market can overcome the above-mentioned restrictions due to its benefits and varied applications. In today's market, there are very few fucoxanthin manufacturers, yet demand for fucoxanthin from various industries is significant. The cost of raw materials also fluctuates according to the market's behaviour and thus these factors is owing to hinder the market growth. People are becoming increasingly concerned about the negative health impacts of artificial food colours: Children who consume more artificially coloured foods are more likely to have issues such as insomnia, irritability, and restlessness. Artificial food colouring consumption has also been linked to depression, memory loss, and hostility. Many artificial food colours have been linked to hypersensitivity, allergies, irritability, learning disabilities, and aggressiveness in children. Consumers are getting aware of these negative impacts on health which is giving a huge opportunity for the fucoxanthin market. Production costs are high which is a major challenging factor for the market: Fucoxanthin is an orange carotenoid that can be found in brown seaweeds and some microalgae, particularly diatoms. Fucoxanthin, unlike other carotenoids found in nature, has a molecular structure that includes an uncommon allenic link. Owing to these factors the production cost of fucoxanthin is so high which is considered as the major challenging factor for the market.
Fucoxanthin Market Segment Analysis:By Product, the market is segmented as HPLC Series and UV Series. HPLC (High-Performance Liquid Chromatography) is one of the most widely used and important logical devices nowadays. It is used in over thirty disciplines for testing and ordinary investigation, ranging from ecological research and food and drink to medicine development, indication exploration, and biomarker disclosure. Efforts to expand its logical discovery cut-off points and ability to isolate and evaluate analytes in complex samples have resulted in new twists and developments at every level of this procedure, from segment advancements and partition modes at the heart of HPLC divisions to instrumentation and data handling frameworks. Ultra-Performance Liquid Chromatography (UPLC), Ultra-High-Performance Liquid Chromatography (UHPLC), Fast HPLC, and Multidimensional LC are examples of current advances to this method. However, the UV Series segment is expected to grow at a CAGR of 8.6% during the forecast period. Fucoxanthin absorbs UV Series largely in the blue-green to a yellow-green section of the visible spectrum, peaking at roughly 510-525 nm and absorbing extensively in the 450 to 540 nm range, according to various estimations. Apart from that, this can be detected with the colonies were diluted with culture media and the absorbance measured at 750 nm to determine the quantity of fucoxanthin. By Application, the Fucoxanthin Market is segmented into Food Industry, Cosmetic Industry and Pharmaceutical Industry. The Food Industry segment is expected to hold 45% of the overall market share in terms of revenue by 2027. Fucoxanthin is one of the best natural sources of food colour in the food and beverage industry. Manufacturers are increasingly employing natural food colours as a result of people's growing awareness about the negative effects of artificial food colours on human health, resulting in higher demand for fucoxanthin in the food sector in the present and future periods. In obese people, fucoxanthin contributes to the improvement of blood lipid profiles and the lowering of insulin resistance which is the major factor for driving the growth of the market.
Fucoxanthin Market Regional Insights:The Asia Pacific region accounted for the largest market share of 45.6% in 2021. Because of the increased demand for natural food colour in Asian countries, the region's growth is at a constant pace. In comparison to other countries, China and India are also seeing rapid growth. Because of the presence of major pharmaceutical and biosciences firms, as well as numerous top players in the field of Fucoxanthin, the region is anticipated to continue to account for a large portion of the revenue pie in the coming years. Furthermore, because the frustule shape differs from one animal kind to the next, diatoms have a wide range of components this allows specific varieties of diatoms to be custom-fitted to a specific requirement, and then prepared to construct desired three-dimensional Nanocomposites which is fuelling the growth of the market in various countries such as Japan, China and India. The objective of the report is to present a comprehensive analysis of the global market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the market dynamics, structure by analyzing the market segments and projecting the market size. Clear representation of competitive analysis of key players by Technology, price, financial position, product portfolio, growth strategies, and regional presence in the global market makes the report investor's guide.
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Fucoxanthin Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: US $ 189.05 Mn. Forecast Period 2021 to 2027 CAGR: 3.8% Market Size in 2027: US $ 245.45 Mn. Segments Covered: by Product • HPLC Series • UV Series by Application • Food Industry • Cosmetic Industry • Pharmaceutical Industry
Fucoxanthin Market by Region• North America • Europe • Asia Pacific • Latin America • The Middle East and Africa
Fucoxanthin Market Key Players• Oryza Oil & Fat Chemical Co. Ltd • Yangling Ciyuan Biotech Co. Ltd. • Polifenoles Naturales SL • Amicogen Inc • Yigeda Bio-Technology Co. Ltd. • Ningbo Tianhong Biotech Co. Ltd • Changsha Vigorous-Tech Co. Ltd. • Shaanxi Sciphar Natural Products Co. Ltd. • Agrochemi Co., Ltd. • Tiahong Biotech • Polinat • Flaouse • BGG • Benenovo • Shandong Jiejing Group Frequently Asked Questions: 1] What segments are covered in the Fucoxanthin Market report? Ans. The segments covered in the Fucoxanthin Market report are based on Product and Application. 2] Which region is expected to hold the highest share in the Fucoxanthin Market? Ans. The Asia Pacific region is expected to hold the highest share in the Fucoxanthin Market. 3] What is the market size of the Fucoxanthin Market by 2027? Ans. The market size of the Fucoxanthin Market is expected to be 245.45 Mn. by 2027. 4] What is the forecast period for the Fucoxanthin Market? Ans. The forecast period for the Fucoxanthin Market is 2021-2027. 5] What was the market size of the Fucoxanthin Market in 2021? Ans. The market size of the Fucoxanthin Market in 2021 was US$ 189.05 Mn.
1. Fucoxanthin Market Size: Research Methodology 2. Fucoxanthin Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Fucoxanthin Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Fucoxanthin Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Fucoxanthin Market Size Segmentation 4.1. Fucoxanthin Market Size, by Product (2021-2027) • HPLC Series • UV Series 4.2. Fucoxanthin Market Size, by Application (2021-2027) • Food Industry • Cosmetic Industry • Pharmaceutical Industry 5. North America Fucoxanthin Market (2021-2027) 5.1. Fucoxanthin Market Size, by Product (2021-2027) • HPLC Series • UV Series 5.2. Fucoxanthin Market Size, by Application (2021-2027) • Food Industry • Cosmetic Industry • Pharmaceutical Industry 5.3. North America Fucoxanthin Market, by Country (2021-2027) • United States • Canada • Mexico 6. European Fucoxanthin Market (2020-2027) 6.1. European Fucoxanthin Market, by Product (2021-2027) 6.2. European Fucoxanthin Market, by Application (2021-2027) 6.3. European Fucoxanthin Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Fucoxanthin Market (2020-2027) 7.1. Asia Pacific Fucoxanthin Market, by Product (2021-2027) 7.2. Asia Pacific Fucoxanthin Market, by Application (2021-2027) 7.3. Asia Pacific Fucoxanthin Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Fucoxanthin Market (2020-2027) 8.1. The Middle East and Africa Fucoxanthin Market, by Product (2021-2027) 8.2. The Middle East and Africa Fucoxanthin Market, by Application (2021-2027) 8.3. The Middle East and Africa Fucoxanthin Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Fucoxanthin Market (2020-2027) 9.1. Latin America Fucoxanthin Market, by Product (2021-2027) 9.2. Latin America Fucoxanthin Market, by Application (2021-2027) 9.3. Latin America Fucoxanthin Market, by Country (2021-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Oryza Oil & Fat Chemical Co. Ltd 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Yangling Ciyuan Biotech Co. Ltd. 10.3. Polifenoles Naturales SL 10.4. Amicogen Inc 10.5. Yigeda Bio-Technology Co. Ltd. 10.6. Ningbo Tianhong Biotech Co. Ltd 10.7. Changsha Vigorous-Tech Co. Ltd. 10.8. Shaanxi Sciphar Natural Products Co. Ltd. 10.9. Agrochemi Co., Ltd. 10.10. Tiahong Biotech 10.11. Polinat 10.12. Flaouse 10.13. BGG 10.14. Benenovo 10.15. Shandong Jiejing Group