1 Global Dried Sea-cucumber Market Size (Value) and CAGR (2024-2033)
In 2024, the global Dried Sea-cucumber market was valued at USD 12632.43 million, with a CAGR of 8.84% from 2024 to 2033.
Dried sea cucumber is a processed product of sea cucumber. Although its nutritional value is not as good as that of fresh sea cucumber, its nutritional content can be more easily absorbed by the body than fresh sea cucumber. Generally, the dried sea cucumber has a knife edge on the abdomen. Due to its self-dissolving properties, the sea cucumber will melt into a liquid if it is not processed immediately after it is captured. The mouth on the stomach of the sea cucumber is the incision left when the intestine is removed.
Figure Global Dried Sea-cucumber Market Size (M USD) and CAGR 2024-2033
2 Dried Sea-cucumber Market Drivers
The global dried sea-cucumber market has experienced significant growth in recent years, driven by several key factors. One of the primary drivers is the increasing consumer awareness of the health benefits associated with dried sea-cucumber. Sea-cucumber is known for its rich nutritional content, including vitamins, minerals, and collagen, which are beneficial for health and wellness. As consumers become more health-conscious, the demand for nutritious and convenient food products like dried sea-cucumber continues to rise.
Another significant driver is the expanding market demand from emerging economies. Countries in Asia, particularly China, India, and Southeast Asia, have seen a surge in demand for dried sea-cucumber due to their growing middle-class population and increasing disposable incomes. This demographic shift has led to higher consumption rates and a greater willingness to pay for premium, high-quality products.
3 Dried Sea-cucumber Market Restraints
Despite the promising growth prospects, the dried sea-cucumber market faces several challenges and restraints that could impact its future development. One of the primary challenges is the availability and quality of raw materials. Sea-cucumber is a marine resource that is subject to seasonal fluctuations and environmental factors. Overfishing and habitat degradation can lead to supply shortages, affecting the production and pricing of dried sea-cucumber products.
Another significant restraint is the high production costs associated with the processing of dried sea-cucumber. The raw material itself is expensive, and the processing methods, especially those involving advanced technologies, require substantial investment. This high cost can limit the market’s accessibility to lower-income consumers and restrict the expansion of the industry.
4 Global Dried Sea-cucumber Market Size and Share by Type in 2024
Pure dried sea-cucumber is known for its high quality and superior nutritional content. It is carefully selected from fresh sea-cucumbers with complete body shapes and thick body walls. The processing method ensures minimal nutrient loss and a high rehydration rate. In 2024, the market value of Pure Dried Sea-Cucumber is projected to be 3,653.94 million USD. This type is highly valued for its low salt content and better taste compared to other varieties. It is particularly popular among health-conscious consumers and those seeking premium-quality products.
Dried sea-cucumber, which includes a small amount of salt during processing, is another significant segment of the market. This type is known for its long shelf life and ease of storage. In 2024, the market value of Dried Sea-Cucumber is expected to reach 4,538.84 million USD. It is widely consumed due to its balanced nutritional content and practicality for various culinary applications. This type is particularly popular in regions where fresh sea-cucumber is not readily available.
Salt dried sea-cucumber is characterized by its simple processing method and low cost. It is typically coated with a layer of salt or salt foam, which helps preserve the product for several years. In 2024, the market value of Salt Dried Sea-Cucumber is projected to be 1,364.13 million USD. While it is an economical choice, it faces challenges due to significant nutrient loss and a more cumbersome rehydration process. However, it remains a popular option in regions where cost is a primary consideration.
Table Global Dried Sea-cucumber Market Size and Share by Type in 2024
Type | Market Size (M USD) 2024 |
Pure Dried Sea-Cucumber | 3653.94 |
Dried Sea-Cucumber | 4538.84 |
Salt Dried Sea-Cucumber | 1364.13 |
Sugar Dried Sea-Cucumber | 929.95 |
Freeze Dried Sea-Cucumber | 2145.58 |
5 Global Dried Sea-cucumber Market Size and Share by Application in 2024
Direct sales involve the sale of dried sea-cucumber products directly from manufacturers to consumers, bypassing intermediaries. This channel allows manufacturers to maintain control over pricing and customer relationships. In 2024, the market value of direct sales is projected to be 3,783.36 million USD. This represents approximately 30% of the total market value. Direct sales are particularly effective in regions with established brand loyalty and where consumers prefer to purchase directly from trusted manufacturers.
Distributors play a vital role in the dried sea-cucumber market by expanding the reach of products to a broader consumer base. They handle logistics, marketing, and sales, ensuring that products are available in various retail outlets. In 2024, the market value of sales through distributors is projected to be 8,849.08 million USD, accounting for approximately 70% of the total market value. Distributors are essential in regions with less direct access to manufacturers and where retail networks are more fragmented.
Table Global Dried Sea-cucumber Market Size and Share by Application in 2024
Application | Market Size (M USD) 2024 |
Direct Sales | 3783.36 |
Distributor | 8849.08 |
6 Global Dried Sea-cucumber Market Size by Region in 2024
Asia is the largest market for dried sea-cucumber, driven by strong demand from China, Japan, Korea, and Southeast Asia. In 2024, the market value in Asia is projected to be 9,417.99 million USD, representing approximately 75% of the global market. The growth in Asia is attributed to cultural preferences for sea-cucumber, increasing disposable incomes, and a growing middle-class population. China alone accounts for a significant portion of this market, with its vast consumer base and expanding retail infrastructure.
North America is the second-largest market for dried sea-cucumber, with the United States and Canada being the primary consumers. In 2024, the market value in North America is projected to be 1,990.73 million USD, representing approximately 16% of the global market. The demand in North America is driven by health-conscious consumers and the growing popularity of Asian cuisine. The market is also supported by strong distribution networks and a preference for high-quality, processed sea-cucumber products.
Europe is a significant market for dried sea-cucumber, particularly in countries like Germany, the UK, France, and Italy. In 2024, the market value in Europe is projected to be 658.51 million USD, representing approximately 5% of the global market. The European market is characterized by a preference for premium products and a growing interest in exotic and nutritious seafood. Regulatory standards and sustainability concerns also play a significant role in shaping the market.
Figure Global Dried Sea-cucumber Market Size by Region in 2024
7 Major Players in Global Dried Sea-cucumber Market
7.1 Dalian Haiyantang Biology
Company Profile:
Dalian Haiyantang Biology was established in 1999 and is headquartered in China. The company is a high-tech enterprise that integrates research and development (R&D), production, and sales of food and health products.
Business Overview:
Dalian Haiyantang Biology is renowned for its high-quality dried sea-cucumber products. The company employs advanced low-temperature cooking and cold air-drying technologies to preserve the active nutritional ingredients of sea-cucumber. Its products are characterized by their high quality and superior nutritional content, making them popular among health-conscious consumers.
Product Specification:
The company’s dried sea-cucumber products are carefully processed to ensure they are free of impurities and residues. The sea-cucumbers are toothed, sand-free, and have their intestines removed. The final product is known for its excellent rehydration properties and high yield after soaking.
Recent Financial Performance:
In the most recent year, Dalian Haiyantang Biology reported a revenue of 41.87 million USD from its dried sea-cucumber sales.
7.2 Bangchuidao
Company Profile:
Bangchuidao was established in 1993 and is based in China. The company is a major player in the seafood industry, with a focus on breeding, acquisition, processing, and sales.
Business Overview:
Bangchuidao operates a comprehensive industrial chain that includes the protection of sea-cucumber habitats, seed breeding, bottom sowing and multiplication, intensive processing, and scientific research and development. The company is known for its high-quality dried sea-cucumber products, which are popular for their full and straight shape, dark brown color, and long storage period.
Product Specification:
Bangchuidao’s dried sea-cucumber products are lightly dried and have a high yield after soaking. They are known for their bright color, crystal-clear appearance, and smooth texture. The products are also packaged beautifully, making them ideal for gifting.
Recent Financial Performance:
In the most recent year, Bangchuidao reported a revenue of 37.10 million USD from its dried sea-cucumber sales.
7.3 Dalian Xiaoqin
Company Profile:
Dalian Xiaoqin Food Co., Ltd. was established in 1999 and is headquartered in China. The company is one of the leading enterprises in the Chinese sea cucumber industry.
Business Overview:
Dalian Xiaoqin specializes in the production and sale of high-quality sea cucumber products, including abalone, turtle, and other seafood. The company’s sea cucumber collection and capture bases cover all sea areas in Dalian, ensuring a steady supply of fresh and high-quality raw materials. Dalian Xiaoqin is known for its commitment to quality and innovation in product development.
Product Specification:
Dalian Xiaoqin’s dried sea-cucumber products are processed using advanced techniques to ensure they retain their nutritional content. The products are stored in ventilated and dry places, with a shelf life of up to 540 days. The company’s focus on quality and safety has earned it a strong reputation in the market.
Recent Financial Performance:
In 2020, Dalian Xiaoqin reported a revenue of 31.95 million USD from its dried sea-cucumber sales.