EPA and DHA Market, By Source (Fish Oil, Algal Oil, Krill Oil, and Others), By Form (Liquid, Capsules and Soft gels, Powder, and Others), By Application (Dietary Supplements, Food and Beverages, Pharmaceuticals, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Feb 2025

Code : CMI5200

Pages :153

Formats :

Excel and PDF

Industry : Food and Beverages

Market Challenge- Fluctuations in raw material prices, particularly fish oil, impacting production costs

The market faces challenges like fluctuating prices of raw materials, especially fish oil. Fish oil is one of the most important raw materials used in the production of EPA and DHA. However, fish oil prices have exhibited significant volatility in recent years, owing to various factors such as changes in fish stocks, weather conditions affecting fish harvesting, and global demand-supply dynamics. When fish oil prices increase sharply, it leads to a rise in production costs for EPA and DHA manufacturers. Managing higher input costs is difficult as manufacturers have limited scope to pass on the entire cost increase to customers.

Market Opportunity- Expansion of applications in functional foods and beverages

Growth potential of this market is strongly tied to the expansion of its applications. One of the biggest opportunities comes from functional foods and beverages segment. There is growing consumer awareness about the health benefits of omega-3 fatty acids like EPA and DHA. This drives many food & beverage companies to enrich existing products or launch new products with added EPA and DHA. The functional food and beverages category covers a wide spectrum including dairy products, baked goods, juices and Nutraceuticals. As lifestyle diseases rise, there will be demand for EPA and DHA-fortified offerings in these categories.