Microalgae DHA Market: Landscape Assessment By Type, Opportunities and Higher Mortality Rates by 2027

Algae oil is rich in omega-3 PUFAs (polyunsaturated fatty acids), particularly DHA (docosahexaenoic acid). DHA is an essential component of the brain and crucial fatty acid among the omega-3 PUFAs. DHA plays an important role in the development of brain in infants, which became more popular following research findings that many formula-fed infants have lower levels of DHA and ARA (arachadonic acid) as compared to breast-fed infants. The global microalgae DHA market is expected to register significant CAGR, attributed to health consciousness of consumers, advantages of microalgae DHA over fish oil DHA, and high demand for infant formulae over the forecast period.

Global Microalgae DHA Market Dynamics:

The growth of the global microalgae DHA market is driven by growing demand for DHA in infant formula and increasing health consciousness among consumers. Advantages of microalgae oil market over fish oil, most demanded in DHA market such as greater shelf-life i.e. high oxidative stability and pleasant odor and taste are fueling the global microalgae DHA market. Macroeconomic factors such as rapid rate of urbanization, increasing per capita income, changing lifestyle, and growing economy driving the global microalgae DHA market. Microalgae oil manufacturers are not able to charge at competitive prices compared to alternative poly unsaturated fatty acid sources due to high production cost, particularly DHA and eicospentaenoic acid from fish oil. This, in turn, leads to restraining the global microalgae DHA market. Manufacturers of DHA market are investing in research and development and trying to differentiate their products portfolio which is trending the global microalgae DHA market. The company operates in the microalgae DHA market can increase its share through collaboration with domestic players and forward integration in the market.

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Global Microalgae DHA Market Segmentation:

The global microalgae DHA market is segmented on the basis of distribution channel, end-user, and region. Based on distribution channel, the global microalgae DHA market segmented as convenient stores, hypermarkets/supermarket, e-Commerce, and individual stores. Among which, hypermarkets/supermarket, segment is expected to contribute for major revenue share whereas, e-Commerce segment is expected to expand at a significant CAGR in the global microalgae DHA market, attributed to increasing adoption of e-Commerce across the globe. On the basis of end-user, the global microalgae DHA market is segmented as consumers, food manufacturers, nutraceutical manufacturers, cosmetics manufacturers, pharmaceutical manufacturers, and animal feed manufacturers, wherein pharmaceutical manufacturers segment have significant revenue share, whereas, nutraceutical manufacturers segment is expected to register significant CAGR, over the forecast period.

Global Microalgae DHA Market Regional Outlook:

Based on the geographies, the global microalgae DHA market is split into seven regions including Asia-Pacific except Japan, North America, Western Europe, Eastern Europe, Japan, Latin America, and the Middle East & Africa. Among the regions, Asia-Pacific except Japan is expected to dominate the global microalgae DHA market with relatively high growth rate, attributed to rapidly growing population, rapid rate of urbanization, and changing lifestyle of consumers across the region. North America is followed by Asia-Pacific except Japan and is expected to expand at a significant growth rate in microalgae DHA market, owing to high demand for DHA across the region. Europe also accounts for significant value share in the global microalgae DHA market, but growth of microalgae DHA market is limited due to embedded fish oil alternatives in the region. Overall, the outlook for the global microalgae DHA market will have a positive growth over the forecast period, growing demand for infant formulae containing DHA across the globe being a counterfeiting factor.

Global Microalgae DHA Market Player:

Few players in the global microalgae DHA market include Goerlich Pharma GmbH, Nordic Naturals, Inc., InovoBiologic Inc., Source Omega LLC, The 3rd Opinion Inc., Deva Nutrition LLC, Cellana Inc., Xiamen Huison Biotech Co., Ltd, Kangcare Bioindustry Co., Ltd., Wuhan Bioco Sci. & Tech. Dev. Co., Ltd., Shandong Yuexiang Biotechnology Co., Ltd., and Hubei Ruiren Biotechnology Co., Ltd.

The Report Covers Exhaustive Analysis on:

Microalgae DHAMarket Segments
Market Dynamics of Microalgae DHAMarket
Historical Actual Market Size, 2015-2016 for Microalgae DHAMarket
Microalgae DHAMarket Size & Forecast 2017 to 2027
Value Chain
Current Trends/Issues/Challenges
Competition and Companies involved in Microalgae DHAMarket
Microalgae DHAMarket Drivers and Restraints
Regional Analysis for Microalgae DHA Market Includes:

North America
US
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Western Europe
U.K.
France
Germany
Italy
France
Spain
Nordic
Benelux
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific Excluding Japan
Australia and New Zealand (A&NZ)
Greater China
India
ASEAN
Rest of Asia Pacific Excluding Japan
Japan
Middle East and Africa
GCC Countries
Israel
South Africa
Turkey
Rest of Middle East and Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact

Mr. Nachiket
State Tower
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
Website: https://www.marketresearchreports.biz/
Email: sales@marketresearchreports.biz

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