DHA (docosahexaenoic acid) is an omega-3 fatty acid found in fish oil, algae oil, krill oil, and other sources. DHA is important for the development of the eye and nerve tissues. DHA may help minimize the risk of heart and circulatory illness by thinning the blood, reducing swelling (inflammation), and lowering triglyceride levels in the blood. DHA is important for the maintenance of normal brain function in adults and is necessary for the growth and development of the brain in newborns. Because of the importance of this nutrient, DHA is currently included in most newborn formulae. Our bodies produce DHA in small amounts naturally, but to achieve adequate levels, DHA must be obtained through dietary sources such as cold-water fish, grass-fed meat, dairy, or omega-3 supplemented or pasture-raised eggs. Supplements, such as fish oil, are also available.
Market Dynamics
The increasing product launches by the key players in the market is expected to drive the global DHA supplements market over the forecast period. For instance, in November 2018, ADM, an American multinational food processing and commodities trading corporation, has launched its new product Onavita Algal DHA powder to its line of omega-3 product solutions. Onavita Algal DHA powder can be used as a dietary supplement and also in fortified food products such as powdered beverages and nutritional bars. The new omega-3 powder is part of ADM’s expanding portfolio of health and wellness ingredients, such as vitamins, probiotics, nutritional oils, botanical extracts, and more.
Key features of the study:
- This report provides an in-depth analysis of the global DHA supplements market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global DHA supplements market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include BASF Corporation, DSM, Cellana Inc., JC Biotech Pvt.Ltd, FEMICO, Croda International Plc, Pharma Marine AS, Clover Corporation, Omega Protein Corporation, Kingdomway Nutrition, Inc., ECPlaza Network Inc., Bizen Chemical Co.LTD, Stepan Company, Novotech Nutraceuticals, Inc., Arjuna Natural, Jiangsu Auqi Marine Biotechnology Co., Ltd., and Aker BioMarine
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global DHA supplements market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global DHA supplements market
Detailed Segmentation:
- Global DHA Supplements Market, By Source:
- Fish Oil
- Algal Oil
- Krill Oil
- Others
- Global DHA Supplements Market, By Form:
- Global DHA Supplements Market, By Application:
- Pharmaceutical
- Dietary Supplements
- Fortified Food and Beverages
- Others
- Global DHA Supplements Market, By Distribution Channel:
- Pharmacy and Drug Stores
- Grocery Stores
- Dietary Supplement Stores
- Others
- Global DHA Supplements Market, By Region:
- North America
- Latin America
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Region/Country
- South Africa
- Central Africa
- North Africa
- Company Profiles
- BASF Corporation
- Company Highlights
- Products Portfolio
- Key Highlights
- Financial Performance
- Strategies
- DSM
- Cellana Inc.
- JC Biotech Pvt.Ltd
- FEMICO
- Croda International Plc
- Pharma Marine AS
- Clover Corporation
- Omega Protein Corporation
- Kingdomway Nutrition, Inc.
- ECPlaza Network Inc.
- Bizen Chemical Co.LTD
- Stepan Company
- Novotech Nutraceuticals, Inc.
- Arjuna Natural
- Jiangsu Auqi Marine Biotechnology Co., Ltd.
- Aker BioMarine
“*” marked represents similar segmentation in other categories in the respective section.
