Market Outlook

Fresh clam is widely consumed shellfish consumed across the world. A lot of research studied showed that clam possesses many medical effects, due to which the idea of clam extract evolved. Clam extract is a boiled clam converted into power through a spray drying technique. Clam extract is highly in demand due to its properties such as hepatoprotective, cholesterol-lowering and anti-tumorigenic among others. Supplement or food product containing clam extract is helpful in reducing excessive inflammation. Clam extract reduces the risk of cardiovascular diseases and diabetes due to which the demand is increasing significantly. Clam extract provides an intense clam flavor due to which it is highly used in South East Asian cuisine, resulting in higher demand from the food and beverage industry. According to FDA, clam extract may cause allergies to some people because of which additional information on allergens/sensitive ingredients should be provided on the labelling of the final product.

Increasing Demand for Clam Extract in Processed Food Products

As the demand for Asian cuisines such as clam noodle, clam soup, dumplings, and fried rice has increased, the demand for clam extract has also witnessed a surge in the market. As clam extract is low in sodium and high in flavor, it is also used as a salt replacement for soups, salad dressings, gravies, sauces, snacks, dressings, breads, crackers, etc. due to which the demand for clam extract has increased substantially, which is expected to boost the clam extract market over the forecast period. With the increasing demand for clam extract, many food manufacturers are including clam extract in their products. Such inclusion has enabled the local manufacturers of clam extract to expand and reach the global market, which is expected to bolster the growth of the clam extract market. The consumption of clam extract has increased in the past few years across the globe, due to the rising demand from the food processing industry, as consumer interest for new products with improved texture and flavor have increased significantly over the past few years.

Global Clam Extract: Market Segmentation

On the basis of form, the global clam extract market has been segmented as –

  • Powder Clam Extract
  • Paste Clam Extract
  • Liquid Clam Extract

On the basis of end use, the global clam extract market has been segmented as –

  • Food and Beverage Industry
  • Pharmaceutical Industry
  • Supplement Industry
  • HoReCa
  • Household

On the basis of distribution channel, the global Clam Extract market has been segmented as –

  • B2B
  • B2C
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Online Stores
    • Others

Global Clam Extract Market: Key Players

Some of the key players operating in the global clam extract market are Nikken Foods USA, Inc., Kenshin Trading Corporation, Southeastern Mills, ORIHIRO Co.,Ltd., Zairyo Singapore, ZHAO HONG BIOTECHNOLOGY CO., LTD., Ocean Cliff Corporation and  Sterling Fur among others. Over the forecast period, it is expected that the demand from the food and beverage industry for clam extract will grow significantly.

Opportunities for Market Participants

Though a huge number of companies in the food sector offering fresh traditional clam products, only a handful of companies are using clam extract in food products they offer. Populations in the majority of countries across the globe are progressively preferring foods with healthy ingredients such as clam extract, owing to rising health awareness regarding clam extract, and this is a major trend crafting high probable opportunities for players offering such products. This situation is also creating an opportunity for regional players to enter into the clam extract market to leverage the growing demand for low sodium, clean label, high nutritional value and gluten-free products from food and beverage industries. Moreover, collaborating with big quick serving restaurants and finding new methods of marketing could also help clam extract manufacturers flourish in the clam extract market over the forecast period. Moreover, as the trend of using clam extract for bakery products is reappearing, a vast scope arises for new product development and innovation. This also creates major opportunities for players already established in this clam extract market.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, form, end use, and distribution channel.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.