DHA Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global DHA Market is segmented By Source (Algae Oil, Fish Oil, Krill Oil, Others), By Application (Pharmaceuticals, Animal Feed, Functional Food and Beverages, Cosmetics, Others), By End-User (Infants, Children and Adults, Breastfeeding Mothers and Pregnant Women, Others), By Region (North America, Europe, South America, Asia Pacific, Middle East, And Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

DHA Market Size

Global DHA Market reached US$ 780.2 million in 2022 and is expected to reach US$ 1,109.5 million by 2030 and is expected to grow with a CAGR of 4.5% during the forecast period 2024-2031. The primary driver for DHA market growth is owing to its health benefits. In a study, eating DHA reduced rheumatoid arthritis symptoms by 28%. Since inflammation and heart disease are related, reducing inflammation may also reduce your risk of coronary events.

DHA is advantageous for the growth and development of baby’s brains. Adults require docosahexaenoic acid to preserve healthy brain function, lower their risk of age-related eyesight loss, avoid cardiovascular disease, and manage diabetes. Additionally, illnesses including melancholy, attention deficit disorders, alcohol syndrome in utero, diabetes, and Alzheimer's disease can be brought on by a deficiency of docosahexaenoic acid. 

Docosahexaenoic acid is seeing a significant expansion in the world market. As more producers enter the market, the level of competition rises. Market participants are entering the market through competitive pricing as there is more competition. DHA market expansion is anticipated to be fueled by the increasing health consciousness of the world's population. 

Market Summary

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Market Dynamics

The Global Docosahexaenoic Acid Market is Being Driven by its Health Benefits.

Docosahexaenoic acid (DHA) is crucial for a baby's brain health, vision health, cognitive health, and functional development. For adults' brains to continue functioning normally, DHA is also necessary. DHA deficiency is linked to learning difficulties, but consuming plenty of DHA in the diet boosts learning capacity. The brain prefers DHA to other fatty acids for absorption. More quickly than is typically appreciated, the brain's DHA turnover rate is extremely high.

When DHA is added to infant formula, it improves the visual acuity of healthy, full-term babies. Many infants have been fed formula diets deficient in DHA and other omega-3 fatty acids for the past 50 years. DHA of omega-3 fatty acids might also lower your chance of developing glaucoma. DHA of omega-3 fatty acid consumption can aid in reducing internal eye pressure, a sign of glaucoma. This can guard against eye pain and preserve your vision.

Growing Demand for DHA Among Various End-Users is Driving the Market.

DHA is beneficial to infant formula, adults who need brain development, senior adults, breastfeeding mothers, and pregnant women. DHA should make up between 0.2% and 0.36 percent of all fatty acids, according to the World Health Organisation. 0.32% of the total fatty acids in infant formulae are DHA, which is comparable to the global average for maternal health.

The current recommendations state that the average dietary supplement intake of DHA should be 200–300 mg per day during pregnancy and breastfeeding due to the elevated demand for DHA. In fact, recent studies of national medical health have shown that Western pregnant and breastfeeding women's diets only contain 20%–60% of the daily recommended dose of w-3 FA. 90% of the women who participated in the survey consumed far less DHA than was advised.

The Overconsumption of DHA Leads to Many Health Issues, which is Hindering the Market Growth.

DHA, when overconsumed leads to many health issues such as low blood pressure, blood that is becoming thinner, heavy bleeding in the event of an injury, or an increased risk of bruising. DHA has been associated with decreased blood pressure, which is frequently beneficial to health. However, it is possible for DHA to reduce blood pressure too much and cause hypotension in those with averagely normal to low blood pressure. 

DHA intake should be closely monitored in people with type 2 diabetes. DHA and EPA have been implicated in certain studies as factors that cause type 2 diabetes blood glucose levels to rise. Although this isn't inherently harmful, people with diabetes should be careful to avoid unintentionally spiking their blood sugar levels.

Market Segmentation Analysis

The global DHA market is segmented based on source, application, end-user, and region.

In the Global Market of DHA, the Fish Oil of Source Segment Holds the Largest Market Share. 

The global DHA market has been segmented by source into algae oil, fish oil, krill oil, and others. The fish oil segment held the largest DHA market share of 39.8% in 2022 in the DHA market analysis report. Fish tissues that contain docosahexaenoic acids (DHA) are used to make fish oil. Aquaculture, animal nutrition & pet food, supplements & functional foods, medicines, and other industries make extensive use of fish oil. 

Additionally, DHA from fish oil has a critical role in the healthy operation of the nervous system and aids in the improvement of the cardiovascular system. The public and medical community are becoming more aware of the value of DHA, which has significantly increased fish oil consumption. As a result, businesses are increasingly including fish oil concentrated DHA in their line of nutraceutical products. 

Market Geographical Share

The Asia-Pacific Region Held the Largest Share in DHA Market.

The global DHA market is segmented into five parts of the world based on geography: North America, South America, Europe, Asia Pacific, the Middle East, and Africa. The Asia-Pacific DHA market held the largest market share of 32.6% in 2022 in the DHA market analysis. 52 million children under the age of five reside in the East Asia and Pacific region, according to a UNICEF report. Every second child in APAC has a micronutrient deficiency of some kind. One of the most common health problems that many locations, especially developing and undeveloped ones, experience is micronutrient insufficiency. 

Major market participants are launching new product developments to meet demand and sustain young children's required nutrient intake. For instance, AptaGrow, a line of fortified beverages for kids, was introduced by Danone India in October 2021 as part of its objective to "bring health through food." AptaGrow contains DHA and prebiotics.

Market Companies

The major global players in the market include BASF SE, Clover Corporation, Croda Inc., Nordic Naturals, Omega Protein Corporation, DSM N.V., Cargill, Incorporated., Copeinica, Epax, and Givaudan.

COVID-19 Impact On Market

The DHA market was significantly impacted by COVID-19. During the epidemic, consumer purchasing habits altered. This resulted from a rise in consumer demand in wholesome, nutritious meals. Because consuming these goods improves physical and mental health, DHA-containing products are among the top choices of customers. For instance, one of the major competitors in this market, Archer Daniels Midland Company, predicted a rise of 76% in the first quarter of fiscal 2021.

The market is expanding as a result of factors like growing consumer knowledge of the health advantages of DHA. As more people live longer, the industry is likewise becoming more significant and a component of consumers' regular diets.

By Source

• Algae Oil
• Fish Oil
• Krill Oil
• Others

By Application

• Pharmaceuticals
• Animal Feed
• Functional Food and Beverages
• Cosmetics
• Others

By End-User

• Infants
• Children and Adults
• Breastfeeding Mothers and Pregnant Women
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • The U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In June 2021, Omegavie DHA 800 Qualitysilver algae oil is being introduced by Polaris to address issues with R&D and regulatory problems along the value chain. Microalgae (Schizochytrium sp. strain) are the natural source of Omegavie's green omega 3. PUFAs from sustainable and plant-based sources are also provided by these microbes, along with vitamins, proteins, pigments, and enzymes.
• In February 2023, an ocean-derived, highly concentrated vegan omega-3 oil made from microalgae has been introduced by GC Rieber VivoMega under the brand name VivoMega Algae Oils.
• In November 2022, a considerable expansion of the Vana®-Sana line of premium micro-encapsulated long-chain polyunsaturated fatty acid (LCPUFA) components for infant milk formula (IMF) has been announced by FrieslandCampina components. A third ingredient with arachidonic acid (ARA) developed from fungus oil is being introduced together with two new docosahexaenoic acid (DHA) products based on algal oil. 

Why Purchase the Report?

• To visualize the global DHA market segmentation based on source, application, end-user, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the market by analyzing trends and co-development.
• Excel data sheet with numerous data points of DHA market-level with all segments.
• The PDF report consists of cogently put-together market analysis after exhaustive qualitative interviews and in-depth market study.
• Product mapping is available as Excel consists of key products of all the major market players.

The global DHA market report would provide approximately 93 tables, 109 figures and 190 Pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies