EPA and DHA Market is estimated to be US$ 5.1 billion by 2030 with a CAGR of 7.2% during the forecast period

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Published Date: May 2023

The EPA and DHA market accounted for US$ 2.3 billion in 2020 and is estimated to be US$ 5.1 billion by 2030 and is anticipated to register a CAGR of 7.2%. EPA (eicosapentaenoic acid) and DHA (docosahexaenoic acid) are polyunsaturated fatty acids found in abundance in the fatty layers of cold-water fish and shellfish, plant and nut oils, English walnuts, flaxseed, algae oils, and fortified foods. The types and quantities of these fatty acids found in food and supplements vary. This EPA and DHA are essential for optimal development and work at all stages of life. This aids in the reduction of inflammation and the incidence of chronic diseases like heart disease. DHA is a fatty acid that promotes brain and eye health on its own.

The report " Global EPA and DHA Market, By Type (Eicosapentaenoic Acid (EPA), and Docosahexaenoic Acid (DHA)), By Concentration Type (High Concentrated, Medium Concentrated, and Low Concentrated), By Form (Triglycerides, and Ethyl Esters). By Source (Fish Oil, Algae Oil, Krill Oil, and Other Sources), By Application (Infant Formulae, Dietary Supplements, Fortified Food and Beverages, Pharmaceuticals, and Other Applications), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”

Key Highlights:

Recently, news about new EPA and DHA sources has made the news. Microalgae, a high-omega-3 and beta-carotene source, is gaining a lot of traction among manufacturers as a long-term food and fuel source.
The FDA approved health claims for EPA and DHA omega-3 intake in the labelling of traditional foods and dietary supplements in 2019, claiming that they reduce the risk of hypertension and coronary heart disease.

Analyst View:

EPA and DHA are gaining popularity around the world and are increasingly becoming a part of people's regular diets. The target market is growing due to the rising popularity of EPA/DHA omega-3 as dietary supplement products. The multiple health benefits offered by EPA and DHA products, such as reduced inflammation and the risk of chronic diseases like heart disease, are the major factors driving market development. As a result, demand growth is fueled by the increasing prevalence of chlorine diseases.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global EPA and DHA Market, By Type (Eicosapentaenoic Acid (EPA), and Docosahexaenoic Acid (DHA)), By Concentration Type (High Concentrated, Medium Concentrated, and Low Concentrated), By Form (Triglycerides, and Ethyl Esters). By Source (Fish Oil, Algae Oil, Krill Oil, and Other Sources), By Application (Infant Formulae, Dietary Supplements, Fortified Food and Beverages, Pharmaceuticals, and Other Applications), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”

Key Market Insights from the report:

The Global EPA and DHA market accounted for US$ 2.3 billion in 2020 and is estimated to be US$ 5.1 billion by 2030 and is anticipated to register a CAGR of 7.2%. The Global EPA and DHA Market is segmented based on the type, concentration, source, application, and region.

By Type, the Global EPA and DHA Market is segmented into Eicosapentaenoic Acid (EPA), and Docosahexaenoic Acid (DHA)
By Concentration Type, the market is segmented in High Concentrated, Medium Concentrated, and Low Concentrated), By Form (Triglycerides, and Ethyl Esters.
By Source, the target market is segmented into Fish Oil, Algae Oil, Krill Oil, and Other Sources
By Application, the Global EPA and DHA Market is segmented into Infant Formulae, Dietary Supplements, Fortified Food and Beverages, Pharmaceuticals, and Other Applications
By region, the Global EPA and DHA Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the target market share. Owing to the rising prevalence of chlorine diseases in the region.

Competitive Landscape:

The key players operating in the Global EPA and DHA Market include Koninklijke DSM N.V, KD Pharma Group, Archer Daniels Midland Company, Corbion N.V., Novasep Holding SAS, Neptune Wellness Solutions, BASF SE and Clover Corporation Ltd. The key players are focusing on partnership and mutual understanding strategy.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period