The global demand for Tuna Extract Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2021 - 2027. Regarding volume, the market was calculated XX Kilo Tons in 2020 and forecast to touch XX Kilo Tons by 2027 with a CAGR of XX% during 2021-2027.
Tuna extract is a dark-colored substance extracted from tuna through enzyme accelerated hydrolysis. Tuna is a species of saltwater fish that ranges in habitat from the Atlantic Ocean to Indonesia. It is highly soluble and digestible fish proteins with nutritionally excellent high-protein food with various positive effects, including preventing arteriosclerosis, reducing the blood cholesterol levels, and possess anticancer properties. It contains multiple ingredients, including functional proteins derived from collagen and free amino acids. Tuna extract is added to various foods to enhance taste and add nutrition to the dishes. It can be used in sauces, gravies, dips, soups, seasonings, snacks, marinades, salad dressings, appetizers, entrees, bread, crackers, dressings, stuffings, and many more.
Tuna extract is widely consumed as food due to its nutritional and health benefits. Growing demand for high protein food, increasing obesity, and rising research are expected to steer the growth of the global tuna extract market. Tuna extract is especially consumed for its high protein value, low-fat and low-calorie food with various bioactive effects. It is known to improve memory, reduce cholesterol levels and positively affect the development of brain cells. Tuna extract is researched in the laboratory for its medicinal benefits and nutritional value. Developing functional and anti-obesity drugs and foods from natural sources drives the research activities. However, limited species of tuna and low awareness about its benefits hamper the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of tuna extract. The growth and trends of Tuna Extract Industry provide a holistic approach to this study.
This section of the tuna extract market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Tuna Extract market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Tuna Extract Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the tuna extract market include Nikken Foods, AABaits, CC MOORE, Blakes Baitsm, ESELNARA, MOZA Organic, Sajo Group, TC Union Agrotech, Northern Baits. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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