Docosahexaenoic acid (DHA) is an omega-3 fatty acid that is a primary structural component of the human brain, cerebral cortex, skin, and retina. It can be synthesized from alpha-linolenic acid or obtained directly from maternal milk (breast milk), fish oil, or algae oil.
The global DHA Powder industry has a rather high concentration. The major manufacturers are concentrated in USA, China, Europe and India, such as DSM, Stepan Company, Novotech Nutraceuticals, Lonza and Runke. At present, DSM is the world leader, holding 28.64% production market share in 2016.
The global consumption of DHA Powder increases from 9374 MT in 2012 to 11210 MT in 2016, at a CAGR of more than 4.57%. In 2016, the global DHA Powder consumption market is led by USA and USA is the largest region consumption market, accounting for about 34.83% of global consumption of DHA Powder.
DHA Powder downstream is wide and recently DHA Powder has acquired increasing significance in various fields of Infant Formula, Dietary Supplements, Food and Beverage and Others. Globally, the DHA Powder market is mainly driven by growing demand for Infant Formula. Infant Formula accounts for nearly 45.70% of total downstream consumption of DHA Powder in global.
DHA Powder can be mainly divided into Alage DHA Powder, Fish Oil DHA Powder and Others which Alage DHA Powder captures about 78.89% of DHA Powder market in 2016. According to our research and analysis, manufacturers from USA are the major leaders in the international market of DHA Powder.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, DHA Powder consumption will show a trend of steady growth. In 2023 the consumption of DHA Powder is estimated to be 14787 MT. On product prices, the slow downward trend in recent years will maintain in the future.
According to this study, over the next five years the DHA Powder market will register a 3.2% CAGR in terms of revenue, the global market size will reach US$ 1170 million by 2024, from US$ 970 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in DHA Powder business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of DHA Powder market by product type, application, key manufacturers and key regions and countries.
This study considers the DHA Powder value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Alage DHA Powder
Fish Oil DHA Powder
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Infant Formula
Dietary Supplements
Food and Beverage
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
DSM
Stepan Company
Novotech Nutraceuticals
Lonza
Arjuna Natural
Runke
Fuxing
Kingdomway
Cabio
Tianhecheng
Yidie
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global DHA Powder consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of DHA Powder market by identifying its various subsegments.
Focuses on the key global DHA Powder manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the DHA Powder with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of DHA Powder submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on DHA Powder . Industry analysis & Market Report on DHA Powder is a syndicated market report, published as Global DHA Powder Market Growth 2019-2024. It is complete Research Study and Industry Analysis of DHA Powder market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.