The global mussel extract market size is predicted to reach US$ 71.30 Million in 2032. The mussel extract market is growing significantly.
Mussel extract is an extract that is extracted from a mussel that is a small sea creature having two shells tightly packed together. Due to the increase in population and to meet the need for seafood, the aquaculture industry has established many aquaculture ponds, which increase the cultivation of fresh mussels, for obtaining pearls and other by-products.
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.
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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.
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.
The research report presents a comprehensive assessment of the wheat gluten market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product end use, and distribution channels.
The report covers exhaustive analysis on:
- Mussel extract market Segments
- Mussel extract market Dynamics
- Mussel extract market Size
- Mussel extract Supply and Demand
- Current Trends/Issues/Challenges pertaining to mussel extract system market.
- Competition Landscape and Emerging Market Participants in mussel extract market.
- Technology related to Production/Processing of mussel extract.
- Value Chain Analysis of the mussel extract.
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Mussel Extract Market Segmentation
On the basis of end users, the global mussel extract market has been segmented as –
- Dietary supplement
- Biopharmaceuticals
- Cosmetics and personal care
- Pet food
- Veterinary medicines
- Processed food
On the basis of form, the global mussel extract market has been segmented as –
- Liquid
- Powder
- Paste
On the basis of distribution channels, the global mussel extract market has been segmented as
- B2B
- B2C
- Modern Trade
- Convenience Store
- Specialty Store
- Departmental Store
- Others
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