Global Algal DHA and ARA Market Size By Form, By Application, By Geographic Scope And Forecast

Algal DHA and ARA Market Size And Forecast

Algal DHA and ARA Market was valued at USD 2.4 Billion in 2023 and is projected to reach USD 4.5 Billion by 2030, growing at a CAGR of 24.5 % from 2024 to 2030.

The increasing demand from the industries of Food & Beverages and nutrition due to its health benefits have gained attraction for the Global Algal DHA and ARA Market. Various awareness programs by leading activities as a marketing technique and also government initiatives have surged the market for Algal DHA and ARA. The Global Algal DHA and ARA Market report provide a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Algal DHA and ARA Market Definition

DHA is the abbreviation of Docosahexaenoic Acid and ARA the abbreviation of Arachidonic Acid. DHA and ARA are types of fatty acids which are found in some of the foods like fish and eggs but are mostly found in breast milk. Both DHA and ARA are special type of fatty acids called Polyunsaturated fatty Acids. In our body Fat breakdown into Fatty acid during digestion. DHA and ARA are naturally present in the breast milk which in turn has many health benefits. It is to be believed by experts that child which feed breast milk has greater IQ and eye power because DHA and ARA helps in building nervous system as well as eye power. Due to this Supplementary Formula are nowadays adding DHA and ARA separately to provide health benefits.

DHA and ARA play an important role in development of bodies for longer time. Government regulations to use DHA and ARA in various countries and due to it various health benefits which are found in breast milk are the factors which boost up the market for Algal DHA and ARA market.

Global Algal DHA and ARA Market Overview

DHA and ARA which are naturally found in breast milk have different impact when is fed to child. It is found that the there is a major difference in child’s IQ. The level of DHA and ARA found in breast milk is very helpful in terms of neurodevelopment, Growth and survival for the animals. This becomes a key driver as ARA and DHA are majorly used by the Agri – Food manufacturers and producers of animal feed which boosts up the growth of the Algal DHA and ARA market. Also, the awareness programs for importance of nutrition are being set up which is in turn driving growth of Algal DHA and ARA market.

Food and Beverage industry turned their attention to ARA and DHA because of the food and drink which are in demand because of health benefits which in turn is a driving growth for Algal DHA and ARA market. Many alternative sources of DHA are found in fish, egg and other dairy products which is a restrain factor for the growth of Algal DHA and ARA. Also, these items are easily available in the market. Easy availability of DHA restrains growth for the demand of Algal DHA and ARA market.

Global Algal DHA and ARA MarketSegmentation Analysis

The Global Algal DHA and ARA Market is segmented based on Form, Application, and Geography.

Algal DHA and ARA Market, By Form

• Oil• Powder

Based on Form, the market is bifurcated into Oil and Powder. The oil segment is dominating the major Algal DHA and ARA market. The growth of Oil segment is due to the demand for DHA and ARA in Infant Solutions. Nutritional Supplements also provide ARA and EP acid which are found in Algar Oil are used in various supplements for health benefits.

Algal DHA and ARA Market, By Application

• Infant Formula• Nutritional Supplements• Food & Beverages

Based on Application, the market is bifurcated into Infant Formula, Nutritional Supplements and Food & Beverages. Infant Formula is dominating the major Algal DHA and ARA market, owing its various health benefits like, Visual development, Healthy pregnancy and Development of Memory.

Algal DHA and ARA Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of regional analysis, the Global Algal DHA and ARA Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The North American market is dominating market having larger market share because of the government regulations which are applied there which tell to use the DHA and ARA and how it benefits the human being for the longer term is driving growth in the market.

Key Players

The “Global Algal DHA and ARA Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market ADM, DSM, Cabio Bioengineering, Koninklijke, Corbion N.V., Lonza Group, Algisys LLC, Alking Bioengineering and Cargill. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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