DHA from Algae Market: Information by Type (DHA Powder, DHA Oil, Others) Application (Food & Beverage, Nutritional Supplements, Infant Formula, Others), and Region (Asia-Pacific, North America, Europe, Latin America, and Others) — Global Forecast till 2026
Algal oil is the oil that is derived directly from algae. This oil contains DHA, which accounts for 97 percent of the omega-3 fats in the brain. Whereas, not enough people get enough of it. Algal oil is a vegetarian DHA oil that does not come from cold-water fish. Since scientists and doctors realized how important omega-3 fatty acids are for people, they began to research other ways to get these essential fatty acids other than using fish.
The global DHA from Algae market is estimated to be USD 387 million in 2019 and is expected to reach USD 624 million by 2026, with a CAGR of 7.05% during the forecast period.
Since Dha Algae Oils have numerous health benefits such as its low saturated fat content, helps in cholesterol reduction, improves eyesight and memory, these benefits along with the growing health awareness are driving demand for DHA Algae Oil globally. What’s more, the increasing adoption of the oil into the food & beverage industry due to the healthy composition of algae oils is estimated to be the most significant factors to propel the market growth over the forecast period. The increasing preference for nutritional vegetable sources, growing attention of the oils in the energy industry for biofuel production, these factors can further stimulate market growth. Yet, the high-side price of DHA Algae Oil is likely to be a great challenge to impede market expansion.
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DHA from Algae Market: Type Outlook
l DHA Powder
l DHA Oil
DHA from Algae Market: Application Outlook
l Food & Beverage
l Nutritional Supplements
l Infant Formula
DHA from Algae Market: Region Outlook
l North America (U.S., Canada, Mexico)
l Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe
l Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
l Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries.
l Others
Regional Analysis
Geographically, the global DHA From Algae market can be bifurcated into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. As the largest consumption and production region for DHA Algae Oils, Asia-Pacific dominates the prevailing market with a value of 32.28% of the total amount, followed by North America, which is valued at approximately USD 107 million and accounts for nearly 29.28% in the base year. Europe sales will see growth over the forecast period from 29.67% of the total sales.
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of DHA from Algae Market
2 Market Trends and Competitive Landscape
3 Segmentation of DHA from Algae Market by Types
4 Segmentation of DHA from Algae Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of DHA from Algae Market in Major Countries
7 North America DHA from Algae Landscape Analysis
8 Europe DHA from Algae Landscape Analysis
9 Asia Pacific DHA from Algae Landscape Analysis
10 Latin America, Middle East & Africa DHA from Algae Landscape Analysis
11 Major Players Profile
11.1 DSM
11.1.1 DSM Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Lonza
11.3 Cellana
11.4 Daesang
11.5 JC Biotech
11.6 BIOCO
11.7 Cabio Bioengineering
11.8 Hubei Fuxing Biotechnology
11.9 Keyuan Marine Biochemistry
11.10 FEMICO
11.11 Xiamen Huison Biotech
11.12 Kingdomway
11.13 Army International Pharmaceutical
11.14 Shandong Yuexiang Biotechnology
11.15 Runke Bioengineering
…
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Leading Company for Driving Industry development
The global DHA from Algae market growth is also reliant on the development of active players in the industry, which are DSM, Lonza, Lonza, Cellana, Daesang, JC Biotech, BIOCO, Cabio Bioengineering, Hubei Fuxing Biotechnology, Keyuan Marine Biochemistry, FEMICO, Xiamen Huison Biotech, Kingdomway, Army International Pharmaceutical, Shandong Yuexiang Biotechnology, Runke Bioengineering, and etc.
Key Stakeholders
l DHA Algae Oil producers
l Raw material suppliers of DHA Oil Products
l Downstream vendors and end-users
l Traders, distributors, and resellers of DHA Algae Oils
l FMCG, Food & Beverage industry associations and research organizations
l Product managers, DHA Oils industry administrator, C-level executives of the industries
l Market Research and consulting firms
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Years considered for the study
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
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