EPA and DHA Market, By Type (Eicosapentaenoic Acid (EPA), Docosahexaenoic Acid (DHA)), By Source (Fish Oil, Algae Oil, Krill Oil, Other Sources), By Application (Infant Formulae, Dietary Supplements, Fortified Food and Beverages, Pharmaceuticals, Other Applications), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
EPA and DHA are fat-soluble omega-3 fatty acids that can be found in abundance in seafood, including fatty fish. They are also found in some grazed animal products. Although they are not the only source of EPA and DHA, they are essential for brain development. Research has indicated that EPA and DHA supplementation reduces the release of inflammatory factors, including IL-1B and granulocyte colony-stimulating factor. These findings indicate that EPA and DHA supplementation may be useful in preventing cognitive decline in people with mild to moderate Alzheimer's disease.
Market Dynamics:
Growing demand for concentrated form of omega-3 ingredients is predominantly fueling growth of the EPA and DHA market. Moreover, increasing demand for dietary supplements due to growing health awareness is again anticipated to foster market growth. Additionally, growing focus of key players to explore for extraction process for EPA is projected to provide significant growth opportunities over the forecast period. Furthermore, growing demand for vegan products and additives is gaining traction in the market.
On the Contrary, high market price is expected to hinder the market growth of EPA and DHA.
Key features of the study:
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