Algal DHA and ARA Trends and Forecast
The future of the global algal DHA and ARA market looks promising with opportunities in the infant formula, nutritional supplement, and food & beverage markets. The global algal DHA and ARA market is expected to grow with a CAGR of 13.6% from 2024 to 2030. The major drivers for this market are increasing demand for vegetarian and sustainable omega-3 sources, rise in infant formula and nutritional supplement sectors, and growing awareness of the health benefits of DHA & ara.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Algal DHA and ARA by Segment
The study includes a forecast for the global algal DHA and ARA by type, application, and region.
Algal DHA and ARA Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• DHA Oil
• DHA Powder
• ARA Oil
• ARA Powder
Algal DHA and ARA Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Infant Formula
• Nutritional Supplement
• Food & Beverages
• Others
Algal DHA and ARA Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Algal DHA and ARA Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies algal DHA and ARA companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the algal DHA and ARA companies profiled in this report include-
• DSM
• Roquette
• ADM
• Corbion
• Lonza Group
• CABIO
• AlgiSys
• Fuxing
• Runke
• Cellana
Algal DHA and ARA Market Insights
Lucintel forecasts that DHA oil is expected to witness the highest growth over the forecast period.
Within this market, infant formula is expected to witness the highest growth.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Algal DHA and ARA Market
Market Size Estimates: Algal DHA and ARA market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Algal DHA and ARA market size by type, application, and region in terms of value ($B).
Regional Analysis: Algal DHA and ARA market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the algal DHA and ARA market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the algal DHA and ARA market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for algal DHA and ARA market?
Answer: The global algal DHA and ARA market is expected to grow with a CAGR of 13.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the algal DHA and ARA market?
Answer: The major drivers for this market are increasing demand for vegetarian and sustainable omega-3 sources, rise in infant formula and nutritional supplement sectors, and growing awareness of the health benefits of DHA & ara.
Q3. What are the major segments for algal DHA and ARA market?
Answer: The future of the algal DHA and ARA market looks promising with opportunities in the infant formula, nutritional supplement, and food & beverage markets.
Q4. Who are the key algal DHA and ARA market companies?
Answer: Some of the key algal DHA and ARA companies are as follows:
• DSM
• Roquette
• ADM
• Corbion
• Lonza Group
• CABIO
• AlgiSys
• Fuxing
• Runke
• Cellana
Q5. Which algal DHA and ARA market segment will be the largest in future?
Answer: Lucintel forecasts that DHA oil is expected to witness the highest growth over the forecast period.
Q6. In algal DHA and ARA market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the algal DHA and ARA market by type (DHA oil, DHA powder, ARA oil, and ARA powder), application (infant formula, nutritional supplement, food & beverages, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Algal DHA and ARA Market, Algal DHA and ARA Market Size, Algal DHA and ARA Market Growth, Algal DHA and ARA Market Analysis, Algal DHA and ARA Market Report, Algal DHA and ARA Market Share, Algal DHA and ARA Market Trends, Algal DHA and ARA Market Forecast, Algal DHA and ARA Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.