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 : Dec 2024

Code : CMI5200

Pages :153

Formats :

Excel and PDF

Industry : Food and Beverages

Regional Analysis

EPA and DHA Market Regional Insights

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Dominating Region - Asia Pacific

Asia Pacific region is expected to account for the largest market share of 36.6% in 2024. Asia Pacific region dominates the market due to increasing health awareness, rising disposable incomes, and growing aging population. Countries like China, Japan, South Korea, and India are key contributors to the market's expansion in this region.

Fastest-Growing Region - North America

North America is the fastest-growing region in the market due to increasing consumer awareness, advancements in product innovation, and strong demand across various application sectors. The U.S. and Canada are the primary contributors, with growing emphasis on health and wellness, particularly in preventive healthcare.

EPA and DHA Market Outlook for Key Countries

U.S.- Innovation and Consumer Awareness Driving EPA and DHA Market Growth

The U.S. is a leading market for EPA and DHA, driven by increasing consumer awareness of health benefits associated with omega-3 fatty acids. The demand for dietary supplements is particularly strong, with companies like Omega Protein Corporation focusing on R&D for pharmaceutical-grade products to meet this need. In March 2024, DSM-Firmenich partnered with SCN BestCo to launch omega-3 gummies, highlighting innovation in product offerings.

China- Infant Nutrition Demand Fueling Rapid Growth in EPA and DHA Market

China EPA and DHA market is expanding rapidly, primarily due to high demand for infant nutrition products. The country holds nearly 50% of the global infant formula market share, emphasizing the importance of DHA for brain development. China Briefing Reports in 2022 indicated that over 50% of Chinese consumers recognize the health benefits of DHA and EPA, particularly in preventing chronic diseases.

Japan- Cultural Preference for Omega-3s Driving EPA and DHA Market Growth

Japan leads in the consumption of omega-3s, with a significant portion of the population sourcing EPA and DHA from fish-rich diets. As per the survey by the Japan Fisheries Association in 2022, 51.2% of respondents consume seafood for its omega-3 content, reflecting a strong cultural preference for these nutrients. This trend supports the growth of this market in the region.

India- Rising Health Awareness and Infant Nutrition Demand Fueling EPA and DHA Market Growth

India EPA and DHA market growth is driven by increasing awareness about health benefits among consumers. The demand for infant nutrition products is particularly notable, as more parents recognize the importance of DHA for cognitive development. Growing middle-class population and rising disposable incomes can drive the market growth.