Press release
Global DHA Algae Oil Market Insights, Forecast to 2029
DHA Algae Oil Market SizeThe global DHA Algae Oil market is projected to grow from US$ 454.8 million in 2023 to US$ 837 million by 2029, at a Compound Annual Growth Rate (CAGR) of 10.7% during the forecast period.
DHA Algae Oil Market
Algae 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. DHA, Docosahexaenoic acid, with molecular formula C22H32O2, is a primary structural component of the human brain, cerebral cortex, skin, sperm, testicles and retina. DHA can help lowering lipid, lowering blood pressure, anti-inflammatory, enhancing the activity of brain cells, improving eyesight and other effects. DHA is a kind of both Omega-3 essential fatty acids, which is rich in fish oil and microalgae.
DSM was the global greatest manufacturer in the DHA Algae Oil industry, accounted for 61% revenue share in the global market, followed by Cellana, JC Biotech, FEMICO, Roquette, Runke, Fuxing, Yidie, Yuexiang, Kingdomway, Keyuan, Huison, Cabio. The top 3 companies had a combined revenue share of about 75% of the global total.North America was the world's largest consumption and production area in 2018.
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Report Includes:
This report presents an overview of global market for DHA Algae Oil, sales, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of DHA Algae Oil, also provides the sales of main regions and countries. Highlights of the upcoming market potential for DHA Algae Oil, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the DHA Algae Oil sales, revenue, market share and industry ranking of main manufacturers, data from 2018 to 2023. Identification of the major stakeholders in the global DHA Algae Oil market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
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This report analyzes the segments data by type and by application, sales, revenue, and price, from 2018 to 2029. Evaluation and forecast the market size for DHA Algae Oil sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including DSM, Cellana, JC Biotech, FEMICO, Roquette, Runke, Fuxing, Yidie and Yuexiang, etc.
Scope of DHA Algae Oil Market Report
Segment by Type
30%-40% Content
40%-50% Content
Others
Segment by Application
Food and Beverage
Infant Formula
Dietary Supplements
Others
Segment by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia) Rest of Europe
Nordic Countries
Asia-Pacific (China, Japan, South Korea)
Southeast Asia (India, Australia)
Rest of Asia
Latin America (Mexico, Brazil)
Rest of Latin America
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company DSM, Cellana, JC Biotech, FEMICO, Roquette, Runke, Fuxing, Yidie, Yuexiang, Kingdomway, Keyuan, Huison, Cabio
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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