EPA Focused Algae Omega-3 Ingredients Market Size Expected to Reach $ 1.70 Billion by 2025 · Wall Street Call

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EPA-focused algae omega-3 ingredients market The size is estimated at $ 1.70 billion by 2025 and grows at a CAGR of 7.28% over the forecast period 2020-2025. Omega-3 fatty acids are polyunsaturated fatty acids that are characterized in their chemical structure by the presence of a double bond three atoms away from the terminal methyl group. EPA is the primary compound that helps reduce cell inflammation, treat depression, and protect against thrombosis. The increasing demand for EPA in infant formula and beverages, the increase in investment by large companies in introducing healthier products, and growing awareness of the health benefits of omega-3 fatty acids are the factors that will drive the growth of the market for the market Forecast period 2020-2025.

EPA Focused Algae Omega-3 Ingredients Market Segment Analysis – By Concentration

In terms of concentration, the High Concentration segment had the largest share in 2019 due to factors such as increasing customer awareness of the benefits of daily dosing of omega-3 and increasing demand from various applications such as food and beverages, nutritional supplements, and clinical nutrition . Low Concentration will grow the fastest over the 2020-2025 forecast period, with a CAGR of 8.1% due to growing consumer awareness

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EPA Focused Algae Omega-3 Ingredients Market Segment Analysis – By Application

In terms of scope, the Food and Beverages segment had the largest share in 2019 due to factors such as increased investment by large companies to bring healthier products to market, growing demand for ready-made meals, availability of flavors, increasing inclination to a sedentary lifestyle and to increase the disposable income of the individual. Dietary supplements will be the fastest growing CAGR in the forecast period 2020-2025. This is due to its better sources for supplying EPA than fortified foods. Also, nutritional supplements are better than fortified foods for purity and concentration.

EPA Focused Algae Omega-3 Ingredients Market Segment Analysis – By Geography

Geographically, North America had the largest share in 2019. The growth in this segment is due to factors such as the increasing demand for EPA in infant formula, the increasing demand for ready-made meals, the increasing investment by the large corporation to bring healthier products to market. Asia Pacific is estimated to be the fastest growing CAGR over the forecast period 2020-2025. This is due to factors such as the increasing demand for EPA in functional foods and beverages, increasing awareness of the health benefits of omega-3s, and increasing individual disposable income.

EPA Focused Algae Omega-3 Ingredients Market Drivers

Increased demand for EPA in infant formula and functional foods and beverages

It is estimated that the increase in demand for EPA in infant formula and functional foods and beverages due to growing health awareness among people is fueling the growth of the market for EPA-focused algae omega-3 ingredients.

Raise awareness of the health benefits of omega-3 fatty acids.

The growing awareness of the health benefits of omega-3 fatty acids is expected to fuel the growth of the EPA-focused algae omega-3 ingredients market. It is estimated that the growing demand for EPA in animal feed is also fueling the growth of the EPA-focused algae omega-3 ingredient market.

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EPA Focused Algae Omega-3 Ingredients Market Challenges

Strict government regulations

Strict government regulations limit EPA levels in infant formula, which is one of the main factors that is estimated to reduce growth in the market for EPA-focused algae omega-3 ingredients.

EPA Focused Algae Omega-3 Ingredients Industry Outlook:

Product launches, mergers and acquisitions, joint ventures, and geographic expansions are key strategies of the players in the EPA-focused Algae Omega-3 Ingredients market. Key companies in this market include Archer Daniels and Midland Company, DSM, BASF SE, Pelagia AS, Novotech Nutraceuticals Inc, Omega Protein Corporation, Corbion NV, Golden Omega, Koninklijke DSM NV, NORDIC NATURALS.

Acquisitions / product launches:

In 2019, Archer Daniels Midland launched a new line of EPA blends containing Omega 3, 6, and 9 that offer benefits that can help support cognitive health, heart, immune system, or eye health.

In 2017, DSM signed an agreement with Evonik to develop omega-3 fatty acids from sustainable sources of seaweed for animal nutrition.

The central theses

Geographically, the EPA-focused algae omega-3 ingredient market in North America had the highest revenue share in 2019 and is expected to dominate over the forecast period 2020-2025 due to high demand.

The growing demand for EPA in food and beverages is likely to support the growth of the EPA-focused algae omega-3 ingredient market.

For a detailed analysis of the strength, weakness, and opportunities of the major market players, see the EPA-Focused Algae Omega-3 Ingredients Market report.

The increase in product launches and the increase in the disposable income of individuals create higher opportunities for market growth for the forecast period 2020-2025.

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B. Omega-3 and Omega-6 market

https://www.industryarc.com/Report/16693/omega-36-market.html

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