EPA and DHA Market Growth | Trends, Demand & Forecast 2024-2031 | Lonza Group Ltd., Corbion N.V., BASF SE.

The Global EPA & DHA Market reached US$ 1.8 billion in 2022 and is expected to reach US$ 2.9 billion by 2030 and is expected to grow with a CAGR of 6.5% during the forecast period 2024-2031.

EPA and DHA Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The EPA and DHA Market revolves around omega-3 fatty acids essential for heart, brain, and eye health. Sourced from fish oil, algae, and krill, demand is rising due to increasing health awareness, dietary supplements, and fortified foods. Innovations in plant-based and sustainable sourcing, along with regulatory support for cardiovascular and cognitive benefits, are driving market growth.

List of the Key Players in the EPA and DHA Market:

Koninklijke DSM NV, Corbion N.V., BASF SE, The Archer Daniels Midland Company, Croda International Plc, KD Pharma Group, Lonza Group Ltd., Omega Protein Corporation, GC Rieber Oils AS, and Polaris.

Industry Development:

On June 17, 2021, Polaris introduced Omegavie DHA 800 Sensory Quality Silver 5 Algae, a high-concentration microalgae DHA ingredient derived from Schizochytrium sp.. This algae oil is rich in vitamins, proteins, pigments, and enzymes, offering a plant-based, sustainable source of polyunsaturated fatty acids (PUFAs).

On September 13, 2021, KD Pharma Group launched Alga3, a sustainable, vegan omega-3 solution. Leveraging KD Nutra's advanced technology and production flexibility, the company can tailor the EPA and DHA ratios to meet customer needs. Additionally, for every kd-pür fish oil product, KD Pharma provides a matching Alga3 plant-based alternative, ensuring a sustainable and customizable omega-3 solution.

Growth Forecast Projected:

The Global EPA and DHA Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global EPA and DHA Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the EPA and DHA Market:

By Type: Eicosapentaenoic Acid (EPA), Docosahexaenoic Acid (DHA).

By Source: Algae Oil, Krill oil, Fish Oil, Others.

By Application: Infant Formulae, Dietary Supplements, Fortified Food and Beverages, Pharmaceuticals, Others.

Regional Analysis for EPA and DHA Market:

The regional analysis of the EPA and DHA Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the EPA and DHA market?

➠ Who are the leading manufacturers in the global EPA and DHA industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global EPA and DHA industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the EPA and DHA market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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