Global DHA Algae Oil Market Growth 2023-2029

Global DHA Algae Oil Market Growth 2023-2029

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.

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

This Insight Report provides a comprehensive analysis of the global DHA Algae Oil 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 Algae Oil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global DHA Algae Oil market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for DHA Algae Oil 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 Algae Oil.

The global DHA Algae Oil market size is projected to grow from US$ 398.6 million in 2022 to US$ 832.9 million in 2029; it is expected to grow at a CAGR of 832.9 from 2023 to 2029.

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.

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

Market Segmentation:

Segmentation by type
30%-40% Content
40%-50% Content
Others

Segmentation by application
Food and Beverage
Infant Formula
Dietary Supplements
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 Algae Oil market?

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

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

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

How does DHA Algae Oil 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.