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.
The report offers detailed coverage of DHA Powder industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading DHA Powder by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global DHA Powder market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global DHA Powder market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
DSM
Stepan Company
Novotech Nutraceuticals
Lonza
Arjuna Natural
Runke
Fuxing
Kingdomway
Cabio
Tianhecheng
Yidie
At the same time, we classify DHA Powder according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Alage DHA Powder
Fish Oil DHA Powder
Others
Market by Application
Infant Formula
Dietary Supplements
Food and Beverage
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the DHA Powder market for the forecast period 2021 - 2025?
• What are the driving forces in the DHA Powder market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the DHA Powder industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?