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ALGAL DHA AND ARA MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 to 2031)

Algal DHA and ARA Market, By Form (Oil and Powder), By Application (Infant Formula, Nutritional Supplements, Animal Feed, and Food & Beverages), and By Region (North America, Latin America, Asia Pacific, Europe, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In: 28 Dec, 2022
Code: CMI2346
Pages: 115
Formats: Excel and PDF
Industry: Food Ingredients

Algal docosahexaenoic acid (DHA) and arachidonic acid (ARA) are sustainable and vegetarian source of DHA that provide benefits to maintain health of eye, brain, and heart. DHA has various applications in food and beverage, dietary supplements, and infant formula industries, owing to its benefits such as improved gastrointestinal health. Increasing consumer awareness related to the importance of DHA is expected to drive growth of the algal DHA and ARA market. Alternative sources of DHA and ARA such as food sources including fungi, fish, eggs, dairy products, and fish oils are available in the market. Therefore, easy availability of alternative sources of DHA and ARA might hamper growth of the global algal DHA and ARA market.

Market Dynamics

According to Coherent Market Insights in 2021, North America held the dominant position and accounted for a share of over 36.8% in the global algal DHA and ARA market in 2021. This is owing to increasing demand for algal DHA and ARA in infant formula and nutritional supplement market and increasing government support for the use of DHA and ARA in infant formula and food & beverages application. For instance, government agencies such as Food and Drug Administration (FDA), Food and Agriculture Organization (FAO), and European Food Safety Authority (EFSA) have recommended that all infant formula should contain DHA and ARA. This in turn, supports growth of the algal DHA and ARA market in the region.

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.

Key features of the study:

This report provides in-depth analysis of global algal DHA and ARA market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global algal DHA and ARA market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study Koninklijke DSM N.V., Cabio Bioengineering (Wuhan) Co., Ltd., Corbion N.V., Lonza Group, Algisys, LLC, and Cargill, Incorporated
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
The global algal DHA and ARA market report caters to various stakeholders in this industry including investors, suppliers, algal DHA and ARA manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global algal DHA and ARA market

Detailed Segmentation:

Global Algal DHA and ARA Market, By Form:
- Powder
- Oil
Global Algal DHA and ARA Market, By Application:
- Infant Formula
- Nutritional Supplements
- Animal Feed
- Food & Beverages
Global Algal DHA and ARA Market, By Region:
- North America
  - U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Asia Pacific
  - China
  - India
  - ASEAN
  - South Korea
  - Australia
  - Rest of Asia Pacific
- Middle East & Africa
  - Middle East
  - Africa
Company Profile
- Koninklijke DSM N.V.*
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments
  - Future Plans
- Cabio Bioengineering (Wuhan) Co., Ltd.
- Corbion N.V.
- Lonza Group
- Algisys, LLC
- Cargill, Incorporated

“*” marked represents similar segmentation in other categories in the respective section

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Market Snippet, By Form
  - Market Snippet, By Application
  - Market Snippet, By Region
- Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
  - Restraints
  - PEST Analysis
  - PORTER’s Five Forces Analysis
  - Market Opportunities
  - Regulatory Scenario
  - Key Developments
  - Industry Trend
Global Algal DHA and ARA Market
- Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting Global Algal DHA and ARA
  
  Market – COVID-19
- Impact Analysis
Global Algal DHA and ARA Market,
By Form, 2017-2030
(US$ Million)
- Introduction
  - Market Share Analysis, 2022, 2025, and 2030 (%)
  - Y-o-Y Growth Analysis, 2017 - 2030
  - Segment Trends
- Powder
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
- Oil
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Global Algal DHA and ARA Market,
By Application, 2017-2030
(US$ Million)
- Introduction
  - Market Share Analysis, 2022, 2025, and 2030 (%)
  - Y-o-Y Growth Analysis, 2017 - 2030
  - Segment Trends
- Infant Nutrition
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
- Nutritional Supplements
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
- Animal Feed
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
- Food and Beverages
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Global Algal DHA and ARA Market
, By Region, 2017-2030 (US$ Million)
- Introduction
  - Market Share Analysis, By Region, 2022, 2025, and 2030 (%)
  - Y-o-Y Growth Analysis, For Region, 2017 - 2030
- North America
  - Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
  - Y-o-Y Growth Analysis, By Country, 2017 – 2030
  - Market Size and Forecast, By Form, 2017- 2030 (US$ Million)
  - Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
  - Countries
    - U.S.
    - Canada
- Latin America
  - Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
  - Y-o-Y Growth Analysis, By Country, 2017 – 2030
  - Market Size and Forecast, By Form, 2017- 2030 (US$ Million)
  - Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
  - Countries
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Europe
  - Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
  - Y-o-Y Growth Analysis, By Country, 2017 – 2030
  - Market Size and Forecast, By Form, 2017- 2030 (US$ Million)
  - Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
  - Countries
    - France
    - Germany
    - Italy
    - Spain
    - U.K.
    - Russia
    - Rest of Europe
- Asia Pacific
  - Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
  - Y-o-Y Growth Analysis, By Country, 2017 – 2030
  - Market Size and Forecast, By Form, 2017- 2030 (US$ Million)
  - Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
  - Countries
    - China
    - India
    - Japan
    - ASEAN
    - Australia
    - South Korea
    - Rest of Asia Pacific
- Middle East & Africa
  - Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
  - Y-o-Y Growth Analysis, By Country, 2017 – 2030
  - Market Size and Forecast, By Form, 2017- 2030 (US$ Million)
  - Market Size and Forecast, By Application, 2017- 2030 (US$ Million)
  - Countries
    - Middle East
    - Africa
Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
  - Koninklijke DSM N.V.
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
    - Cabio Bioengineering (Wuhan) Co., Ltd.
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Corbion N.V.
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Lonza Group
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Algisys, LLC
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Cargill, Incorporated
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
Section
- References
- Research Methodology
- About Us and Sales Contact

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