Algal DHA and ARA Market Latest Report 2019: Koninklijke DSM N.V., Cabio Bioengineering (Wuhan) Co., Ltd., Corbion N.V., Lonza Group, Algisys, LLC, and Cargill, Incorporated

The Algal DHA and ARA Market research report is expected to have a highly positive outlook 2018-2026 according to CMI published a business reserch report on Algal DHA and ARA Market research report. The Algal DHA and ARA Market report evaluates the growth trends of the industry through historical study and estimates future prospects based on complete research. The report extensively provides the market size, share, growth, trends and forecasts for the period 2018-2026. The market size in terms of revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints).

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Major players operating in the global algal DHA and ARA market includes Koninklijke DSM N.V., Cabio Bioengineering (Wuhan) Co., Ltd., Corbion N.V., Lonza Group, Algisys, LLC, and Cargill, Incorporated among others.

Algal docosahexaenoic acid (DHA) and arachidonic acid (ARA) are sustainable and vegetarian source of DHA that provide benefits to maintain health of eye, brain, and heart. DHA has various applications in food and beverage, dietary supplements, and infant formula industries, owing to its benefits such as improved gastrointestinal health. Increasing consumer awareness related to the importance of DHA is expected to drive growth of the algal DHA and ARA market. Alternative sources of DHA and ARA such as food sources including fungi, fish, eggs, dairy products, and fish oils are available in the market. Easy availability of alternative sources of DHA and ARA might hamper growth of the global algal DHA and ARA market.

Market Dynamics

According to Coherent Market Insights’ analysis, North America held the dominant position and accounted for a share of over 36.8% in the global algal DHA and ARA market in 2017. This is owing to increasing demand for algal DHA and ARA in infant formula and nutritional supplement market and increasing government support for the use of DHA and ARA in infant formula and food & beverages application. For instance, government agencies such as Food and Drug Administration (FDA), Food and Agriculture Organization (FAO), and European Food Safety Authority (EFSA) have recommended that all infant formula should contain DHA and ARA. This in turn supports growth of the algal DHA and ARA market in the region.

Overview of the Algal DHA and ARA Market Report:

The Algal DHA and ARA Market Report 2018- 2026 contains all the Important points regarding the market. The details included in the report are listed below:
• The Overview of the Algal DHA and ARA Market is given at the beginning of the report.
• Detaild description about the market is included in the introduction part so that the user becomes understand of the market growth.
• The next part of the report contains the segmentation part.
◦ Within the segmentation and sub segmentation part, the market is categorized based on the application, end-user industry, and other such aspects.
◦ It also includes the region wise segmentation of the market. In the regional segmentation, the regions dominating the Algal DHA and ARA market are included along with the regions where the growth of the market is slow.

North America held the largest market share of 36.8% in 2017 in the global algal DHA and ARA market. Government regulations for the use of algal DHA and ARA in infant nutrition, food & beverages, and nutritional supplement industries is driving growth of the algal DHA and ARA market. The government bodies such as the United Nations Food and Agriculture Organization/World Health Organization (FAO/WHO) approved DHA and ARA for infant nutrition in 2004. Thus, manufacturers are focusing on developing DHA- and ARA-based products in infant nutrition industry. In 2017, Archer Daniels Midland Company introduced Onavita DHA algal oil, a new DHA produced from a algae source. Onavita DHA algal oil is the latest addition to ADM’s Omega-3 product line, which also includes Onavita ALA from non-GMO flaxseed oil.

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Algal DHA and ARA Market report provides key statistics on the market status of the Algal DHA and ARA Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Algal DHA and ARA Market industry. The Algal DHA and ARA Market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market.

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