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Algae DHA Market (Type: DHA Powder, DHA Oil; Application: Infant Formula, Nutritional Supplements, Food & Beverage, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025

  • Category : Consumer Goods and Food and Beverages
  • Pages : 203 Pages
  • Format: PDF
  • Status : Published

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Introduction

DHA (Docosahexaenoic Acid) is a supplement derived from algae and is one of the two important fatty acids found in fish oil - the other is EPA (Eicosapentaenoic Acid). DHA, with molecular formula C22H3202, is a primary structural element of the human brain, cerebral, skin, sperm, testicles and retina that require important component which is omega-3 fatty acid, also known as DHA. In addition, a diet which consists of pasture-fed and poultry will provide eggs and meat enrich with higher proportions of DHA. Algae DHA is the docosahexaenoic acid directly originated from algae to reduce risk of ocean-borne contamination. It is also used to increase high-density cholesterol, cerebral oxygenation, and blood flow and exert a neuron protective effect on the nervous system. Furthermore, algae DHA improve cardiovascular, memory, visual function, and cognitive health.

Report coverage

Market Algae DHA Market
Analysis Period 2015 - 2026
Base Year 2017
Forecast Data 2015 - 2026
Segments Covered By Type, By Application and By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Goerlich Pharma GmbH, Source Omega LLC, Nordic Naturals, Deva Nutrition LLC - Vegan Vitamins, ECPlaza Network Inc., Hubei Ruiren Biotechnology co., Ltd, Polaris EN, Novotech Nutraceuticals, Inc., Qualitas-Health, Corbion Biotech, Inc., and DSM Nutritional Products among others.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
Customization Scope 10 hrs of free customization and expert consultation

 

Market Dynamics

Increasing health awareness among infant and their formula based products is boosting the market of algae DHA. Other factors that are supporting the market growth are increasing demand for Omega-3 oil by pharmaceutical companies for various health remedies and increased health concerns among pet owners for their nutrition. However, high production costs and precise regulation for adoption of algae DHA are likely to hinder the market growth. Declining fish stocks by adopting the alternative such as omega-3 from phototropic algae room, growing market of DHA and EPA due to awareness in health and food, creating positive image of algae for generic end products are expected to offer various opportunities for the growth of algae DHA market.

Among all algae DHA types, DHA oil held major position in terms of market revenue as well as volume. Algae oil consists of DHA which is also known as DHA oil, and accounts for about 97 percent of the Omega 3 in the brain. DHA oil is beneficial in treating type 2 diabetes, coronary artery disease, dementia and attention deficit-hyperactivity disorder. Algae oil is mostly added in beverages and supplements which contain low saturated fats and helps in increasing the use of omega-3 fatty acids, antioxidants, proteins, phycocyanin, and others. The rising popularity of natural products in dietary supplements is spurring the need for plant based health supplements and is expected to propel growth of the market.

The market research study on “Algae DHA Market (Type: DHA Powder, DHA Oil; Application: Infant Formula, Nutritional Supplements, Food & Beverage, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 – 2025”offers a detailed insights on the global algae DHA market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global algae DHA market, its type, applications, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global algae DHA market size and volume, and segment markets by type, applications, and geography along with the information on companies operating in the market. The algae DHA market analysis is provided for major regional markets including North America, Europe, China, Japan, Southeast Asia, India, and Others. Additionally, consumption of DHA supplement is increasing in North America. As consumers are intolerant to environmental degradation, approximately 50% of mortality rate is resulting due to cardiovascular disease. Compared to Japan, the morality rate in North America is higher due to heart disease. For each region, the market size and volume for different segments has been covered under the scope of report. The market is highly competitive with many global players operating in similar geographies, with little product differentiation. Also the global players have to compete with local players who offer similar products at cheaper rates. The local players also have access to a strong distribution channel which helps them compete with global players. Key players in the Algae DHA market include Goerlich Pharma GmbH, Source Omega LLC, Nordic Naturals, Deva Nutrition LLC - Vegan Vitamins, ECPlaza Network Inc., Hubei Ruiren Biotechnology co., Ltd, Polaris EN, Novotech Nutraceuticals, Inc., Qualitas-Health, Corbion Biotech, Inc., and DSM Nutritional Products among others.

DSM Nutritional Products Launches Concentrated DHA Powder for Infant Nutrition

DSM Nutritional Products mainly focus on three markets: Animal Nutrition & Health, Human Nutrition & Health and Personal Care & Aroma ingredients. The concentrated DHA powder has no flavors to mask the taste and has a balanced composition by fulfilling the demands of regulation and the infant nutrition industry. DHA plays an important role in infant development and the need for higher intake. DSM has intensified to develop infant DHA powder that fulfills and surpass current requirement.

The global algae DHA market is segmented as below:

Market Segmentation

Market By Type

  • DHA Powder
  • DHA Oil

Market By Application

  • Infant Formula
  • Nutritional Supplements
  • Food & Beverage
  • Others

Market By Geography

  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Others