What is DHA from Algae?
Algal oil contains docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA). DHA and EPA are two of the most important omega-3 fatty acids. Algal oil also contains important fatty acids known as omega-9 fatty acids. When taken by mouth, algal oil high in docosahexaenoic acid (DHA) is LIKELY SAFE for most adults. It has been used safely in studies for up to four years. When taken by mouth, algal oil high in eicosapentaenoic acid (EPA) is POSSIBLY SAFE for most adults.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | DSM (Netherlands), Lonza (Switzerland), Cellana (United States), JC Biotech (India), FEMICO (Germany), Roquette (France), Guangdong Runke Bioengineering Co., Ltd. (China), Biogena GmbH & Co KG (Austria), Goerlich Pharma Gmbh (Germany) and BASf AS (Germany) |
The study covers a detailed analysis segmented by key business segments i.e. by type (30%-40% Content, 40%-50% Content and Others) , by application (Food and Beverage, Infant Formula, Dietary Supplements, Pharmaceuticals and Others) and major geographies. Research Analyst at AMA predicts that German Vendors will contribute to the maximum growth of Global DHA from Algae market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this DHA from Algae market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are DSM (Netherlands), Lonza (Switzerland), Cellana (United States), JC Biotech (India), FEMICO (Germany), Roquette (France), Guangdong Runke Bioengineering Co., Ltd. (China), Biogena GmbH & Co KG (Austria), Goerlich Pharma Gmbh (Germany) and BASf AS (Germany).
Regulations for organic agriculture are strict when it comes to the methods and supplies utilized to manufacture organic crops. The fermentation process is the first issue raised by limiting this need. The culture medium must adhere to certain regulatory standards, such as employing organic glucose as a carbon source, organic yeast as a nitrogen source, and only inorganic salts that are allowed by law. Therefore, finding appropriate organic sources of carbon and nitrogen has emerged as the major challenge to the production of organic DHA algal oil. After all, there aren't many companies that supply organic raw ingredients, and those that do charge quite expensive prices. For the time being, we have identified a number of reliable sources of organic raw materials to ensure the continuity of the supply chain.
The research report profiled companies that are expected to remain active in the global algae oil market expansion. The market research report profiles companies such as TerraVia Holdings Inc., DIC Corporation, Royal DSM NV, Cyanotech Corporation, Cellana Llc, Cargill Inc., Bioprocess Algae Llc, Diversified Energy Corporation, Seaweed Energy Solutions A/S, Alltech Inc., and Lonza Group AG.
DHA from Algae Market Dynamics:
Attributes | Details |
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Growth Drivers | - Due To Their Stressful And Hectic Lifestyles, Consumers Are Becoming More Interested In High-Quality Supplement Products
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Major Trends | - Increasing Demand for Vegan or Plant-Based Products
- Increasing Demand for DHA from Algae Supplement in Food & Nutraceutical Industry
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Restraints | - Restrictions on Algae Catches Affecting Algae Production
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Road Blocks / Challenges | - Offering Goods at a Variety of Competitive Prices
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Gaps & Opportunities | - Changing Consumer Lifestyle and Growing Concerns Regarding Health Issues, Especially Coronary Heart Diseases and Developmental Disorders
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Key highlights of the Global DHA from Algae market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the DHA from Algae market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global DHA from Algae market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of DHA from Algae Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global DHA from Algae market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in DHA from Algae market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, DHA for Algae Manufacturers, Wholesalers, Distributors and Retailers of DHA for Algae, Packaging Industry, Raw Material Suppliers, Government Bodies, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.