DHA Supplements Market is expected to reach US$ 2.3 billion by 2030 | DSM, Cellana Inc., JC Biotech Pvt Ltd, FEMICO

Global DHA Supplements Market reached USD 1.4 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 2.3 billion by 2030, growing with a CAGR of 6.5% during the forecast period 2024-2031.

DHA Supplements 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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DHA supplements, sourced from fish oil or algal oil, are gaining widespread recognition for their significant health benefits. Known for supporting brain health, cognitive function, and eye health, DHA has become a key focus for individuals seeking overall wellness, driving the global DHA market's growth.

The market has expanded with the introduction of plant-based and vegan DHA alternatives derived from algal oil. These innovations not only cater to those following plant-based diets but also appeal to consumers looking for sustainable and eco-friendly options. As a result, a broad consumer base prioritizing brain function and eye health is fueling the continued growth of the DHA supplements market in the coming years.

List of the Key Players in the DHA Supplements Market: BASF Corporation, DSM, Cellana Inc., JC Biotech Pvt.Ltd, FEMICO, Croda International Plc, Pharma Marine AS, Clover Corporation, Omega Protein Corporation, and Kingdomway Nutrition, Inc.

Industry Development:

On March 7, 2023, Nordic Naturals launched Nordic Naturals Prenatal DHA, Unflavored - 180 Soft Gels - 830 mg Omega-3 + 400 IU Vitamin D3 which supports brain development in babies during pregnancy & lactation.

On March 18, 2023, Theralogix TheraNatal launched Prenatal Vitamin Supplement with DHA, 91 Day Supply. One softgel and two tablets a day provide the most comprehensive formula for baby & mom, including 250 mg of choline, methylated folate, and 300 mg of DHA supplement.

Growth Forecast Projected:

The Global DHA Supplements 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 DHA Supplements 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 DHA Supplements Market:

By Source (Fish Oil, Algal Oil, Krill Oil, Others)

By Form (Liquid, Capsule, Powder)

By Application (Pharmaceutical, Food and Beverages, Others)

By Distribution Channel (Pharmacy and Drug Stores, Grocery Stores, Specialty Stores, Others)

By Region (North America, Europe, South America, Asia Pacific, Middle East, And Africa)

Regional Analysis for DHA Supplements Market:

The regional analysis of the DHA Supplements 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 DHA Supplements market?

➠ Who are the leading manufacturers in the global DHA Supplements 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 DHA Supplements 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 DHA Supplements market?

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

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