The global Fucoidan market was valued at 2.93 Million USD in 2021 and will grow with a CAGR of 3.34% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Fucoidan, present in brown algae just like hondawara, was discovered in 1913 by Professor Kylin of Uppsala University in Sweden as a source of sliminess of kombu. Initially named “fucoijin,” the substance subsequently became known as “fucoidan” based on the international naming convention on sugars.Fucoidan is a specific source of sliminess only found in brown algae such as kombu, wakame (mekabu) and mozuku, and a type of water-soluble dietary fiber. Chemically, fucoidan is a high-molecular polysaccharide whose main constituent is sulfated fucose. In addition to fucose, the saccharide chain that constitutes fucoidan also includes galactose, mannose, xylose and uronic acid. The name “fucoidan” does not represent substances of a given structure, but it is a general term that refers to high-molecular polysaccharides whose main constituent is fucose. Asia is the largest consumption region. In 2017, it consumed 6751 kg fucoidan. China and Japan are separately the first and second largest consumption country in Asia. In 2017, China consumed 38.54% of Asia total fucoidan. USA is another large consumption country globally. In 2017, USA consumed 5248 Kg fucoidan, which take a share of 36.32%.

By Market Verdors:

Kanehide

Kamerycah

Takara

Yaizu Suisankagaku

FMC

Fucoidan Force

Seaherb

Haerim Fucoidan

Marinova

FucoHiQ

Jeezao

Qingdao Rongde

By Types:

Powder Type

Capsule Type

By Applications:

Pharmaceutical

Health Care Products

Cosmetics

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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