Beneath the Waves: The Future of Marine Supplements Market Valued at US$ 13.7 Billion by 2033
As per Fact.MR, a provider of market research and competitive intelligence, the global Marine Supplements Market will be worth US$ 6,635.4 million in 2023 and US$ 13,669.9 million in 2033. Demand for marine supplements worldwide is anticipated to grow at a CAGR of 8.1% over the following ten years.
Due to its broad in health benefits and the large necessary
nutrients present in marine species, marine supplements, also made reference to
as ocean-based supplements or marine-derived supplements, are becoming more and
more famous. Fish, algae, seaweed, and shellfish are just a few of aquatic
products in which these supplements are made from.
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Supplements from of the harmful impact on the environment.
sea provide an alternative to land-based sources, such as farming animals,
which can have Algae-based probiotics, for instance, require fewer resources
and have a smaller carbon footprint than conventional sources derived from
animals because many aquatic organisms are harvested sustainably. Although
marine supplements may have health benefits, it’s always advisable to speak
with a healthcare provider before using them regularly. They can ensure their
safe and efficient use by offering personalized guidance based on your unique
health needs.
Key Takeaways from the Marine Supplements Report:
- The
global Marine Supplements market is expected to reach a valuation
of US$ 13,669.9 million by 2033.
- Global
demand for Marine Supplements is likely to soar at 8.1% CAGR over
the forecast period.
- United
States is projected to hold a dominant value share of 27.6% in
the global market by 2033.
- India
is projected to hold a dominant value share of 14.9% in
the global market by 2033.
- The
United States Marine Supplements market is projected to reach a valuation
of US$ 3,772.9 million by 2033.
- China
market is estimated to witness a value CAGR of 10.0% during
the projection period.
“The expanding market for marine supplements reflects
the recognition of the vast potential hidden within our oceans, unlocking a new
era of innovation in the health and wellness industry.” – says
a lead analyst at Fact.MR
Who is Winning?
- Optimum
Nutrition, Inc,
- BioTechUSA,
- TCI
CO., LTD,
- Further
Food,
- Vital
Proteins LLC,
- Hunter
& Gather,
- Shiseido
Co. Ltd,
- The
Clorox Company,
- THE
BOUNTIFUL COMPANY.,
- Codeage
LLC
- Everest
NeoCell LLC
are key Marine Supplements manufacturers listed in the
report. These companies are concentrating on expanding their portfolios by
launching new products. They also use strategies such as advertisements,
partnerships, acquisitions, agreements, and mergers to stay relevant in the
market. For instance,
- Garden
of Life introduced Oceans 3 Healthy Hormones, a marine-based supplement
designed specifically to support women’s hormonal balance. It combines
botanicals, omega-3 fish oils, and necessary nutrients.
- The
Arctic Cod Liver Oil was released by Nordic Naturals. It is a rich source
of omega-3 fatty acids, including EPA and DHA, and is derived from
wild-caught Arctic cod. The item is renowned for being of the highest
caliber and purity.
Get More Valuable Insights
Fact.MR, in its new offering, provides an unbiased analysis
of the global Marine Supplements market presenting historical demand data (2018
to 2022) and forecast statistics for the period from 2023 to 2033.
The study incorporates compelling insights on the Marine
Supplements market based on product type (vegetable, fish, pork, chicken,
beef), nature (organic, vegan, conventional), form (cubes, tablet), processing
type (pressed products, extruded products), packaging format (box, jars,
packet/sachet), and sales channel (food processing companies/brands, private
label brands, food service (HoReCa), retail sales), across various regions.
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