Due to increase in population and to meet the needs of seafood, the aquaculture industry has established many aquaculture ponds, which increases the number of cultivation of fresh mussel, for obtaining pearls and other by-products. Mussel extract is an extract which is extracted from mussel that is a small sea creature having two shells tightly packed together. Mussels are also reared in freshwater as well as seawater according to the consumer requirement. There is an increasing demand for mussel extract due to its enormous health benefits and skin care, which is expected to boost the mussel extract market significantly.
| Report Attribute | Details |
| Mussel Extract Market Estimated Base Year Value (2021) | US$ 39.56 Million |
| Mussel Extract Market Expected Market Value (2022) | US$ 41.74 Million |
| Mussel Extract Market Anticipated Forecast Value (2032) | US$ 71.30 Million |
| Mussel Extract Market Projected Growth Rate (2022-2032) | 5.5% CAGR |
Along with the benefits to humans, it is also beneficial for dogs. Many pet lovers prefer mussel extract containing food for healthy bones and increase in omega-3 intakes of dogs, which increases their health and lifespan. Increasing health and cardiovascular risks leads many consumers toward health consciousness to control body fat and keep themselves healthy.
Therefore consumers to be healthy and away from cardiovascular risk prefer the seafood mussel extract in food, which is rich in omega-3, beneficial for heart and also useful in preventing inflammation, caused due to bone degradation, owing to such reasons the mussel extract is expected to grow significantly over the forecast period.
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Increasing Demand for Mussel Extract Due to Various Health Benefits
The fame of mussels varies from country to country, with growing health issues such as arthritis, bone diseases, consumers are getting health conscious and moving towards the health beneficial food ingredient such as mussel extract. Mussel extract help in improve nerve cell functioning and increasing bone and tissue sensitivity.
Mussel extract is used in various supplement products such as boosting immunity supplement, dietary supplements, Due to increasing pollution leading to hazardous environment and a very hectic work environment, and consumption of tobacco and alcohol, is expanding infertility in men and woman, mussel extract is beneficial in increasing fertility along with the immune power in consumers, it brings higher demand to mussel extract market, many manufacturers are already using mussel extract as their curtail ingredient, due to increasing health benefits and consumers demand. There is a higher demand for mussel extract in animal feed manufacturing industry to improve the nutritional content for animal feeds.
Mussel extract Market: Key Players
Some of the top manufacturers and suppliers of mussel extract are Waitaki Biosciences International Ltd., Maclab, Inc., Nature’s Path Foods, Inc., Great HealthWorks Inc., Navchetana Kendra Agra., etc. are some leading manufacturer of mussel extract.
Opportunities for Market Participants for Mussel Extract
There are a lot of opportunities in mussel extract market, and the manufacturer needs to understand the systemic investment budget along with the planning such as purchasing of the mussel from the aquaculture vendor at a lower rate, paying GST before shipment to avoid huge custom duty. The new players should enter the market with a challenging price rate to sustain in the market. Players should have maximum outsourcing knowledge, to sell mussel extract as an ingredient to other corresponding manufacturers at a lower rate but, at a same or better quality than other compotators. Players having their own aquaculture farm of mussel, might additionally extract the essential components from mussel and sell it to other manufacturer using mussel extract as a key ingredient in manufacturing their end product.
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Key Segments Profiled in the Mussel Extract Market
By End Users:
- Dietary supplement
- Biopharmaceuticals
- Cosmetics and personal care
- Pet food
- Veterinary medicines
- Processed food
By Form:
- Liquid
- Powder
- Paste
By Distribution Channels:
- B2B
- B2C
- Modern Trade
- Convenience Store
- Specialty Store
- Departmental Store
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
Table of Content
1. Global Mussel extracts Market – Executive Summary
1.1. Global Market Overview
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. FMI Analysis and Recommendations
2. Global Mussel extracts Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Introduction and Definition
3. Market Risks and Trends Assessment
To be continued…!
About FMI
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