Global Algae DHA Market To Be Worth Around $563 Million by 2025: Acumen Research and Consulting
Author: Acumen Research and Consulting
Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “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
”, forecasts that the global market for Algae DHA is expected to grow at a CAGR of around 7.3% from 2018 to 2025 and reach the market value of over $563 million by 2025.
DHA (Decosahexanenoic Acid) is an Omega-3 fatty acid which is a primary structural element of human brain, cerebral cortex, skin and retina. It is a composite of alpha-linolenic acid or directly made from fish oil, or algae. DHA is mainly manufactured from microalgae: Crypthecodinium Cohnii, and another of the species Schizochytrium. Vegetarian DHA is mainly manufactured from microalgae. DHA is a major fatty acid for brain phospholipids and retina. The major feature of DHA in the mechanism of Alzeimer’s disease is under active research. Increasing awareness towards health among individuals, rise in demand for DHA in infant formula based products, rapid rate in urbanization, increasing per capita income, changing life style, and higher service life of DHA are the major factors driving the market for algae DHA. However, rising manufacturing cost and rules and regulation barriers regarding consumption of DHA is hindering the market growth of algae DHA. Aspects such as collaboration among manufacturers and investing capital in R&D sector will boost the DHA market in near future.
Algae Oil Trending Worldwide Due To Presence Of Low Carbon
Algae oil is rich in Omega 3 fatty acid and DHA (Docosahexaenoic acid). It is a result of chemical dilution from algae and also known as algae oil and is mainly extracted from marine algae and then refined for ready to use. Algae oil is rich in DHA and accounts for 97 percent of the Omega 3 in human brain, retina and cerebral cortex. DHA and Omega 3 is a rich source of vegetable oil which has several health benefits and is widely used in foods and beverages, and supplements. Increasing demand for algae oil among consumers due to it’s the presence of low saturated fat is another key factor supporting the market growth. Moreover, rising health awareness and increasing nutritional vegetable sources is another aspect for the growth of algae oil market. Recently, biofuel is widely used for its low carbon content and is manufactured from algae oil, which is also used in the energy sector. Moreover, low carbon content increase consumption of algae oil.
Recommended DHA for Adults Is Boosting the Growth of Algae-DHA Market
DHA is a key component for developing brain and eyes at the time of birth and continue to support throughout life. It is a major structural and functional fat found in brain and eyes and also a key element of tissue found in the heart and cardiovascular system. American Heart Association and USDA Dietary Guidelines recommended DHA, which is one of the omega-3 fats, good for cardiovascular health. Moreover, DHA continues to grow attention among the adults to supplement their daily diet with DHA. Growing awareness towards the dietary source of DHA and making certain foods easier for adults to include as a nutrient in daily diet is driving the market growth.
Rising Vegetarians and Vegans Are Creating Potential Market Growth
DHA is a vital nutrient for developing babies, children and adults. However, it is difficult to get DHA from traditional diet for vegetarian and vegans, which is the major reason most nutritionists recommend the intake of DHA in their daily diet. Major issue with vegetarian and vegan diet is the limited presence of essential dietary components such as long chain omega-3 fats with EPA and DHA. Vegans have lower levels of DHA compared to omnivores and that plant based omega-3 fats such as flaxseed and walnuts are not adequate source for EPA and DHA. Some vegetarians and vegans should supplements with microalgae DHA as they are at high risk of DHA deficiency.
Commercial Production of DHA and EPA Rich Oils from Micro Algae
DHA and EPA from micro algae have a wide range of health benefits attributed to their consumption. Algae DHA are sustainable alternative for fish oil, which was earlier believed to be the main dietary source of DHA and EPA. As a result, the significant increase in commercial production of oils rich in DHA and EPA from microalgae is witnessed in recent years. DHA oil is mainly used in infant formula, health supplements and enriched food products. Micro-algae are used to produce algae oils, which are derived from oceans. Algal oils are free from fish, and are grown sustainably in a controlled environment which is suitable for those who are following vegetarian diet. Algal oil production is expensive compared to fish oil, but refinements in the process and economies of scale have constricted the final cost.
Some of the key players operating in the global algae DHA market, profiled in the report 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, and Corbion Biotech, Inc. among others.
DHA Benefits At Different Stages of Life
• Supports maternal health
• Promotes normal incubation period
• Promotes fetal brain and eye development during pregnancy
• Brain and eye development
• Boost memory
• Better mood, focus and sleep
Children & Adults
• Maintains normal function of brain and eye
• Supports brain and eye health
• Promotes memory
Recommendations of DHA at Different Stages Of Life
• DHA is recommended to prevent early pre-term birth. The Early Nutrition Academy recommends 200mg/day during pregnancy.
• DHA recommended for infant is a daily dose of 70mg
• DHA recommended for ages 4-12 is a daily dose of 90mg-120mg
• Minimum of 250-500mg combined EPA and DHA each day for healthy adults and seniors
The report is readily available and can be dispatched immediately after payment confirmation.