| Product Code: ETC4769917 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Benin seafood extracts market, the import trend experienced a notable decline from 2023 to 2024, with a growth rate of -40.23%. The compound annual growth rate (CAGR) for the period of 2020-2024 stood at -8.54%. This downturn may be attributed to shifts in consumer preferences or changes in global trade dynamics impacting import volumes.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Benin Seafood Extracts Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Seafood Extracts Market Revenues & Volume, 2022 & 2032F |
3.3 Benin Seafood Extracts Market - Industry Life Cycle |
3.4 Benin Seafood Extracts Market - Porter's Five Forces |
3.5 Benin Seafood Extracts Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Benin Seafood Extracts Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Benin Seafood Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of seafood extracts |
4.2.2 Growing demand for natural and organic ingredients in food and beverages industry |
4.2.3 Rising disposable income and changing consumer preferences towards functional foods and supplements |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality seafood sources for extraction |
4.3.2 Stringent regulations and certifications required for sourcing and processing seafood extracts |
5 Benin Seafood Extracts Market Trends |
6 Benin Seafood Extracts Market Segmentations |
6.1 Benin Seafood Extracts Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Benin Seafood Extracts Market Revenues & Volume, By Crab Extract, 2022-2032F |
6.1.3 Benin Seafood Extracts Market Revenues & Volume, By Codfish Extract, 2022-2032F |
6.1.4 Benin Seafood Extracts Market Revenues & Volume, By Lobster Extract, 2022-2032F |
6.1.5 Benin Seafood Extracts Market Revenues & Volume, By Shrimp Extract, 2022-2032F |
6.1.6 Benin Seafood Extracts Market Revenues & Volume, By Anchovy Extract, 2022-2032F |
6.1.7 Benin Seafood Extracts Market Revenues & Volume, By Clam Extract, 2022-2032F |
6.2 Benin Seafood Extracts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Benin Seafood Extracts Market Revenues & Volume, By Food Industry, 2022-2032F |
6.2.3 Benin Seafood Extracts Market Revenues & Volume, By Cosmetics Industry, 2022-2032F |
6.2.4 Benin Seafood Extracts Market Revenues & Volume, By Pharmaceutical Industry, 2022-2032F |
6.2.5 Benin Seafood Extracts Market Revenues & Volume, By Agriculture Industry, 2022-2032F |
7 Benin Seafood Extracts Market Import-Export Trade Statistics |
7.1 Benin Seafood Extracts Market Export to Major Countries |
7.2 Benin Seafood Extracts Market Imports from Major Countries |
8 Benin Seafood Extracts Market Key Performance Indicators |
8.1 Consumer demand for seafood extract-based products |
8.2 Number of new product launches containing seafood extracts |
8.3 Investment in research and development for innovative seafood extract applications |
9 Benin Seafood Extracts Market - Opportunity Assessment |
9.1 Benin Seafood Extracts Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Benin Seafood Extracts Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Benin Seafood Extracts Market - Competitive Landscape |
10.1 Benin Seafood Extracts Market Revenue Share, By Companies, 2025 |
10.2 Benin Seafood Extracts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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