Market Analysis and Insights: Global DHA Algae Oil Market

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.

Due to the COVID-19 pandemic, the global DHA Algae Oil market size is estimated to be worth US$ 407.5 million in 2022 and is forecast to a readjusted size of US$ 837 million by 2029 with a CAGR of 10.7% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, 30%-40% Content accounting for % of the DHA Algae Oil global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Food and Beverage segment is altered to an % CAGR throughout this forecast period.

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.

Global DHA Algae Oil Scope and Market Size

The global DHA Algae Oil market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global DHA Algae Oil market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


30%-40% Content

40%-50% Content

Others


Segment by Application


Food and Beverage

Infant Formula

Dietary Supplements

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


DSM

Cellana

JC Biotech

FEMICO

Roquette

Runke

Fuxing

Yidie

Yuexiang

Kingdomway

Keyuan

Huison

Cabio