Global Fucoidan Market Growth 2019-2024

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%.

According to this study, over the next five years the Fucoidan market will register a 3.8% CAGR in terms of revenue, the global market size will reach US$ 37 million by 2024, from US$ 30 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Fucoidan business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Fucoidan market by product type, application, key manufacturers and key regions and countries.

This study considers the Fucoidan value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Powder Type
Capsule Type
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pharmaceutical
Health Care Products
Cosmetics

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Kanehide
Kamerycah
Takara
Yaizu Suisankagaku
FMC
Fucoidan Force
Seaherb
Haerim Fucoidan
Marinova
FucoHiQ
Jeezao
Qingdao Rongde

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Fucoidan consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Fucoidan market by identifying its various subsegments.
Focuses on the key global Fucoidan manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Fucoidan with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Fucoidan submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.