The expansion of the EPA and DHA industry is being driven in large part by an increase in the demand for high-purity krill oils, high-concentrate fish oils, and purified algal oils. Furthermore, an increasing number of research and development activities aimed at launching new products that have improved absorption qualities is likely to again drive market growth. This is expected to further propel market expansion. Another factor that is expected to drive market expansion is the rising demand for nutritional supplements brought on by rising levels of health consciousness. In addition, the expansion of the market is being driven by the rising demand for EPA in the pharmaceutical industry. As a result of the potential health benefits it offers, particularly for adults, this sector is experiencing robust expansion.
The global EPA and DHA Market size was valued at USD 1,626.10 million in 2021 and is anticipated to witness a compound annual growth rate (CAGR) of 6.76% from 2022 to 2030. Growing demand for concentrated form of omega-3 ingredients is predominantly fueling growth of the EPA and DHA market. Moreover, increasing demand for high purity krill oils, high-concentrate fish oils, and purified algal oils are again expected to foster market growth.
Major Players in the EPA and DHA Industry:
1. KD Pharma Group
KD Pharma Group was founded in 1988 and its Brattvåg, Norway.The company operates in 9 countries.in 2019 KD Pharma adds to omega-3 API production supply chain with UK site ... API's that have the highest concentrations of EPA and DHA omega-3s
2. The Archer Daniels Midland Company
The Archer Daniels Midland Company founded in 1902, and it’s located Chicago, Illinois, United states. The Company operates in 20 Countries.
3. Corbion NV
Corbion NV was launch in 1919 and it’s headquarter located Amsterdam, Netherlands..it operate over 50 country.
4. Novasep Holding SAS,
Novasep Holding SAS was launch in 1993 and it’s headquarter Lyon (France) .it operate over 60 country. Novasep is a leading provider of services in the field of molecule production and purification for the life science and chemical industries,
5. Neptune Wellness Solutions,
Neptune Wellness Solutions is founded in 1998, with its headquarters in Laval, Quebec, Canada. With businesses in over 100 countries. In 2020 Neptune Wellness Solutions Inc. announced the official launch of the Forest .Ocean Remedies krill oil offers high EPA, DHA,
6. BASF SE
BASF SE Was launch in 1865. and its headquarter Ludwigshafen, Germany. it operate over 91country.
7. Croda International PLC,
Croda International PLC,was launch in 1925 and its headquarter Snaith, United Kingdom. it operate over 37 country.
8. Novotech Nutraceuticals
Novotech Nutraceuticals was launch in 2007. And its headquarter California USA. It operate over 50 country.
Definition- EPA and DHA are important for the health of the brain. While there are many ways to get these essential fatty acids, they are primarily obtained from fish. Many fish oil supplements boast that they contain large amounts of EPA and DHA. The ratio of these fatty acids is important in brain health and preventing inflammation.
