Seafood Extract Market Overview

The global seafood extracts market is on a steady uptrend, propelled by the clean-label flavor boom, the premiumization of savory foods, and the rising adoption of marine-derived functional ingredients (collagen peptides, protein hydrolysates, and omega-rich concentrates). Valued at USD 8.6 billion in 2025, the market is projected to reach USD 14.3 billion by 2033, registering a CAGR of 6.7% (2025–2033).

Manufacturers are shifting from commodity fish sauces and stocks toward value-added, standardized extracts with consistent umami profiles, lower sodium, and verified sustainability claims (MSC/ASC). Parallelly, nutraceutical and functional beverage players are incorporating marine collagen, krill concentrates, and fish protein hydrolysates for joint, skin, and sports-nutrition benefits. Technology advances in enzymatic hydrolysis, membrane filtration, spray drying, and microencapsulation are improving flavor intensity, solubility, stability, and odor control—broadening use across soups, snacks, bouillons, instant noodles, RTD beverages, clinical nutrition, and pet food.

Seafood Extract Market Drivers and Opportunities

Rise of Marine Functional Ingredients

The growing demand for functional and fortified foods has placed marine-derived ingredients at the forefront of product innovation. Marine collagen peptides, fish protein hydrolysates, and krill/fish oil concentrates are increasingly incorporated into consumer-friendly formats such as ready-to-drink (RTD) wellness shots, powdered drink mixes, gummies, and protein-enriched snack bars. Unlike traditional capsules and soft gels, these convenient formats appeal to younger demographics seeking lifestyle-oriented health solutions. Clinical studies highlight benefits for joint comfort, skin elasticity, muscle recovery, and cardiovascular health, strengthening the science-backed positioning of these products. Additionally, the superior bioavailability of marine-sourced omega-3s compared to plant-based alternatives supports their premium pricing in nutraceutical and sports nutrition categories. As awareness of holistic wellness grows, marine functional ingredients are also finding applications in beauty-from-within products and active-aging supplements. This convergence of health, convenience, and scientific validation is creating sustained momentum for seafood extracts in the global functional nutrition market.

Sustainability is becoming a decisive driver in the seafood extracts market.

As processors and brands look to align with circular economy models and consumer expectations. Traditionally discarded by-products such as fish trimmings, heads, and shells are now transformed through enzymatic hydrolysis and advanced processing into high-value extracts, hydrolysates, and collagen powders. This not only reduces waste but also enhances profitability by converting low-value raw material into premium ingredients. Certifications such as Marine Stewardship Council (MSC), Aquaculture Stewardship Council (ASC), and Friend of the Sea provide credibility to sourcing practices, particularly in developed regions like North America, Europe, Japan, and Australasia. Additionally, the adoption of digital traceability tools ensures transparency across supply chains, enabling both B2B buyers and consumers to verify origin and sustainability claims. As regulatory bodies tighten requirements and consumer demand for ethical sourcing rises, companies that integrate sustainability and traceability into their seafood extract portfolio will gain a strong competitive edge.

Opportunity: Emerging Markets & Localized Flavour Systems

Emerging markets represent one of the most promising growth avenues for seafood extracts, particularly in the Asia-Pacific and Latin America. Countries such as China, India, Vietnam, Indonesia, Mexico, and Brazil are witnessing rapid modernization of retail, foodservice, and e-commerce platforms, increasing demand for affordable yet high-quality flavor systems. Localized preferences for shrimp, crab, anchovy, bonito, and clam extracts drive the creation of region-specific seasonings, instant noodles, and street-food-inspired meal kits. These flavor systems resonate with local palates while offering convenience and affordability to mass-market consumers. At the same time, the expansion of private labels, sachet packaging, and small-portion sizes is making seafood extracts accessible to middle-class households in these markets. The growing adoption of online grocery and health platforms further strengthens access, while government programs supporting aquaculture and seafood exports enhance raw material availability. Collectively, these trends are opening new B2B and retail opportunities for global players and local manufacturers alike.

Seafood Extract Market Scope

Seafood Extract Market Report Segmentation Analysis

The global seafood extract market industry analysis is segmented by product, by form, by indication, by application, by distribution channel, and by region.

Fish Extracts Segment Drives Seafood Extract Market

Fish extracts remain the backbone of the seafood extracts market, holding the largest share due to their widespread use in culinary, nutraceutical, and functional food applications. Anchovy, tuna, sardine, and bonito extracts are particularly popular in soups, broths, instant noodles, bouillons, and seasoning bases, offering natural umami flavor and richness that synthetic flavor enhancers cannot replicate. Beyond culinary applications, fish extracts are increasingly valued in nutraceuticals and sports nutrition as a source of protein hydrolysates and bioactive peptides with proven health benefits, including muscle recovery and cardiovascular support. Their versatility in both B2B flavor systems and consumer-packaged goods ensures strong and consistent demand across developed and emerging markets. Moreover, fish extracts are cost-effective relative to premium shellfish or mollusk extracts, making them highly attractive for large-scale food processors. With ongoing innovation in enzymatic hydrolysis and spray-drying technology, fish extracts are evolving into standardized, high-quality ingredients that drive growth in the seafood extracts market.

Liquid Concentrates Form Segment Drives Seafood Extract Market

Among different forms, liquid concentrates dominate the seafood extracts market, driven by their superior solubility, intense flavor profile, and direct application in culinary and foodservice sectors. Liquid extracts, including fish, crab, shrimp, and clam bases, are widely used in soups, sauces, marinades, and seasoning blends due to their ability to impart authentic taste and aroma with minimal processing time. Food manufacturers prefer liquid concentrates for consistency in batch production and for enhancing convenience in large-scale cooking environments such as quick-service restaurants (QSRs) and institutional kitchens. In addition, liquid extracts are easier to blend with oils, sauces, and liquid flavor carriers compared to powders, making them ideal for ready-to-use formulations. While powders dominate in terms of storage and shelf stability, the growth of premium culinary sauces, RTE meals, and global cuisine trends continues to sustain high demand for liquid seafood extracts, positioning this segment as a key growth driver in the market.

Soups, Sauces & Seasonings Leading Application Segment Grows Seafood Extract Market

Soups, sauces, and seasonings form the largest and most established application segment for seafood extracts, accounting for a major share of overall demand. Traditional culinary practices across Asia-Pacific, Europe, and Latin America have long incorporated fish, shrimp, anchovy, and clam extracts into broths, pastes, bouillons, and ramen bases. In recent years, this segment has expanded rapidly due to the rising popularity of instant noodles, ready-to-eat meals, and frozen products that rely on seafood extracts for flavor enhancement. Clean-label and low-sodium reformulations in soups and seasonings also benefit from seafood extracts, as they provide a natural source of umami and glutamates without artificial additives. Global foodservice chains are leveraging these extracts to standardize authentic regional flavors in sauces and condiments. As demand for ethnic cuisines, convenience foods, and premium culinary experiences grows, seafood extracts will continue to underpin innovation and scale in soups, sauces, and seasonings worldwide.

B2B/Industrial Distribution Channel Segment Held Major Share in Seafood Extract Market

The B2B/industrial distribution channel represents the dominant segment in the seafood extracts market, accounting for the majority of sales volume. This dominance is attributed to the extensive use of seafood extracts by food processors, flavor houses, nutraceutical manufacturers, and foodservice providers. Large-scale buyers in the B2B space prefer bulk quantities of standardized powders, concentrates, and pastes to ensure consistent flavor and functional performance across product lines. Industrial demand is especially high in soups, sauces, snacks, instant noodles, and dietary supplements, where seafood extracts serve as both flavoring agents and nutritional enhancers. Moreover, rising partnerships between extract manufacturers and multinational food & beverage companies strengthen the role of the B2B channel. While retail and online distribution of seafood extracts (e.g., collagen powders, bouillon cubes) is growing, the industrial channel remains the backbone due to its scale, repeat purchasing, and direct integration into global food production systems. This ensures B2B remains the market’s anchor channel.

The following segments are part of an in-depth analysis of the global Seafood Extract Market:

Seafood Extract Market Share Analysis by Region

North America is the leading region driving the Seafood Extract Market

Asia Pacific leads the global market. APAC’s dominance stems from deep culinary penetration (Japan, Korea, China, Southeast Asia), concentration of seafood processing hubs, and robust instant noodle/bouillon and snack categories. Japan and Korea drive premium bonito/clam/anchovy bases; China and Southeast Asia deliver volume and innovation in sachets and cooking pastes. Europe ranks second on the strength of clean-label savory reformulations and marine collagen uptake, followed by North America, where marine nutraceuticals, RTD collagen, and better-for-you snacks are scaling. Latin America (notably Chile and Peru for raw materials and Brazil and Mexico for demand) and the Middle East & Africa offer rising opportunities via modern trade and HORECA expansion.

Global Seafood Extract Market Recent Developments News:

• In November 2022, Tessenderlo Group’s unit PB Leiner launched a new production facility—PB Leiner (Hainan) Biotechnology Ltd.—in partnership with Hainan Xiangtai Group. The plant specializes in producing SOLUGEL fish collagen peptides using a vertically integrated fish processing supply chain.
• In October 2021, Weishardt, a marine collagen peptide producer, became the first fish collagen producer to be awarded the Friend of the Sea sustainability certification.
• In January 2021, Rousselot, a leading collagen ingredient company, introduced Peptan Marine collagen peptides at the Beauty & Skincare Formulation Conference.

The Global Seafood Extract Market is dominated by a few large companies, such as

●        Kerry Group plc

●        Givaudan SA

●        Symrise AG (Diana Food)

●        International Flavors & Fragrances Inc. (IFF)

●        DSM-Firmenich

●        Ajinomoto Co., Inc.

●        Nikken Foods Co., Ltd.

●        Thai Union Group PCL (Thai Union Ingredients)

●        Aker BioMarine ASA

●        Gelita AG

●        Rousselot (Darling Ingredients Inc.)

●        Nitta Gelatin Inc.

●        Polaris (France)

●        Golden Omega S.A.

●        GC Rieber VivoMega

●        Other Prominent Players