Eicosapentaenoic Acid and Docosahexaenoic Acid (EPA and DHA) Market was valued at USD 2.3 Billion in 2022 and is projected to reach USD 4.5 Billion by 2030, growing at a CAGR of 9.2% from 2024 to 2030.
The global market for Eicosapentaenoic Acid (EPA) and Docosahexaenoic Acid (DHA) was valued at approximately $2.8 billion in 2022, with a compound annual growth rate (CAGR) of 6.1% expected over the forecast period. This growth is driven by increasing consumer awareness of the health benefits associated with omega-3 fatty acids, including cardiovascular health, cognitive function, and anti-inflammatory properties. The demand for EPA and DHA supplements is rising due to their applications in dietary supplements, functional foods, and pharmaceuticals, catering to a diverse range of health conditions and age groups. North America and Europe represent significant markets due to higher health consciousness and established distribution networks, while the Asia-Pacific region is anticipated to exhibit the highest growth rate due to rising disposable incomes and increased health awareness.
Emerging market opportunities are particularly notable in regions such as Asia-Pacific, where rapid urbanization and growing middle-class populations are expected to drive market expansion. The rising prevalence of chronic diseases and increasing healthcare expenditure in these regions are contributing factors. Additionally, innovations in extraction technologies and the development of new EPA and DHA formulations are expected to enhance market growth. The growing trend of preventive healthcare and the expansion of the functional food industry present further opportunities for market players. The market is also witnessing an increase in the adoption of EPA and DHA in animal feed and aquaculture, which supports the growth of this sector. As consumer preferences shift towards natural and sustainable products, the market for EPA and DHA is set to experience continued growth and diversification.
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Koninklijke DSM N.V
KD Pharma Group
Archer Daniels Midland Company
Organic technologies
Novotech Nutraceuticals
BASF SE
Corbion N.V.
Novasep Holding SAS
Neptune Wellness Solutions
Clover Corporation
Alltech
Roquette
Aker BioMarine
Bioprocess Algae
Chemport
Croda
GC Reiber Oils
Golden Omega
Omega Protein Corporation
Orkla Health
TASA Omega
Wuxi Xunda Marine Biological
Veramaris
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Eicosapentaenoic Acid and Docosahexaenoic Acid (EPA and DHA) Market
Infant Formulae
Dietary Supplements
Fortified Food and Beverages
Pharmaceuticals
Animal Feed
Other
Based on Types the Market is categorized into Below types that held the largest Eicosapentaenoic Acid and Docosahexaenoic Acid (EPA and DHA) market share In 2023.
By Concentration
High Concentrated
Medium Concentrated
Low Concentrated
By Form
Triglycerides
Ethyl Esters
By Source
Fish Oil
Algae Oil
Krill Oil
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Eicosapentaenoic Acid and Docosahexaenoic Acid (EPA and DHA) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Eicosapentaenoic Acid and Docosahexaenoic Acid (EPA and DHA) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Eicosapentaenoic Acid and Docosahexaenoic Acid (EPA and DHA) Market, By Type
6. Global Eicosapentaenoic Acid and Docosahexaenoic Acid (EPA and DHA) Market, By Application
7. Global Eicosapentaenoic Acid and Docosahexaenoic Acid (EPA and DHA) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Eicosapentaenoic Acid and Docosahexaenoic Acid (EPA and DHA) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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