Global DHA from Algae Market Growth 2023-2029

Global DHA from Algae Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “DHA from Algae Industry Forecast” looks at past sales and reviews total world DHA from Algae sales in 2022, providing a comprehensive analysis by region and market sector of projected DHA from Algae sales for 2023 through 2029. With DHA from Algae sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world DHA from Algae industry.

This Insight Report provides a comprehensive analysis of the global DHA from Algae landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on DHA from Algae portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global DHA from Algae market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for DHA from Algae and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global DHA from Algae.

The global DHA from Algae market size is projected to grow from US$ 426.9 million in 2022 to US$ 1027.7 million in 2029; it is expected to grow at a CAGR of 1027.7 from 2023 to 2029.

Global core DHA from Algae manufacturers include DSM, Corbion, Roquette, Runke, ADM, etc. The top 1 company hold a share above 50%. North America is the largest market, with a market share above 35%. In terms of type, the market share of DHA powder is more than 65%. In the field of application, the market share of infant formula reaches more than 45%.

This report presents a comprehensive overview, market shares, and growth opportunities of DHA from Algae market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

DHA Powder

DHA Oil

Segmentation by application

Infant Formula

Nutritional Supplements

Food & Beverage

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

DSM

Cellana

JC Biotech

FEMICO

Roquette

Runke

Fuxing

Yidie

Yuexiang

Kingdomway

Keyuan

Huison

Cabio

Key Questions Addressed in this Report

What is the 10-year outlook for the global DHA from Algae market?

What factors are driving DHA from Algae market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do DHA from Algae market opportunities vary by end market size?

How does DHA from Algae break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.