DHA Supplements Market Synopsis:
DHA Supplements Market Size Was Valued at USD 1.90 Billion in 2023, and is Projected to Reach USD 3.23 Billion by 2032, Growing at a CAGR of 6.10% From 2024-2032.
The DHA (Docosahexaenoic Acid) Supplements Market relates solely to the global market segment for products containing additives in the form of DHA. Obtained mostly from fish oil and algal oil it is a form of omega-3 fatty acid which is vital to health of the brain and the heart among other organs. These supplements are popular in paediatric formulations, Nutraceuticals, vitamins, minerals, and specialty nutrient premixes and functional food products for healthier food consumption patterns.
The increasing popularity of benefits related to the health aspects of omega-3 PUFAs especially DHA is forecasted to drive the market growth. SCCLs are shifting to preventive healthcare and functional foods for intelligence, heart protection, and pre-natal nutrition. This is complexed by various research works which associated DHA with beneficial impacts on the brain and low incidences of chronic ailments.
The recommendations for their intake stem from the fact that DHA is instrumental in the early growth of the brain and the visual system hence its incorporation into most formulations of infant formulas. An increase in working moms coupled with the increasing shift to fortified baby foods is also pushing the demand further forward. Also, the demands for DHA supplements during pregnancy had risen with strong recommendations from health physicians hence boosting this market.
DHA Supplements Market Trend Analysis:
There are increased cases of custom supplement companies.
- Owing to the growing tendencies of consumers requiring vegan and sustainable products, algal oil is one of the leading sources of DHA. Unlike fish oil, thereby reducing its impacts on the ecosystem and meat allergies provoking changes in the focus of the consumer base. This trend is already increasing investments in the algae farming and new production technologies.
- This has put much demand for individualized nutrition and thus; customized DHA supplement products. There are intensity in the use of technology to create products that meet customers’ specific health requirements, life stage, or even daily habits. Such innovations are supplemented by developments in electronic retail, enabling brand to succeed at targeting such segments.
The Concept of Innovation in Functional Foods
- Specifically, Asia-Pacific, Latin American, and Middle East new economy countries see rising per capita income and the growth of mega cities. Such, combined with the increased health consciousness, defines the demand for DHA supplements. A network of stores and online sales increases market access in these areas and can be considered a compelling market for manufacturers.
- One of the great opportunities for DHA is actual inclusion into functional foods and functional beverages. Producers are introducing product variants with such additives as, for instance, dairy! possible replacements, smoothies and protein bars for ‘active’ consumers. It has also been seen that synergistic market linkages between the food and supplement industries are likely to offer several new business opportunities for great future growth.
DHA Supplements Market Segment Analysis:
DHA Supplements Market Segmented on the basis of Source, Form, Application, and Region.
By Source, Fish Oil segment is expected to dominate the market during the forecast period
- The DHA supplements market is categorized into fish oil, algal oil, and other segments. Fish oil continues to be a popular supplement due to its high content of omega three fatty acids as well as low price. Algal oil is becoming popular as a healthier and non-GM source that has no animal-derived products attracting the organic and vegan markets. There are more specialized sources such as krill oil and genetically modified crops to meet those needs and also increase product differentiation.
By Application, Infant Formula segment expected to held the largest share
- The primary uses of DHA supplements are in foods such as infant formulas, dietary supplements, functional foods and beverages and as active pharmaceutical ingredients. One of the significant categories can be attributed to infant formula owing to the contribution of DHA in the production of brain and the eyes. The largest consumer group in adults is cardiovascular and cognitive supplementation alongside, functional foods and beverages delivering DHA into daily eating habits. Pharmaceuticals aim for diseases treatment and control of disorders such as mental diseases and long-term diseases.
DHA Supplements Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- The largest consumption of DHA supplements is observed in North America where this market occupies about one third of the global space. This dominance is compounded by highly informed consumer base, efficient and developing healthcare sector and a strong network of distribution channels. The U.S has a key position as consumers who demand infant nutrition and dietary supplements products consistently. This super high quality is further made a reality through the regions demanding regulatory standards that enhance consumer confidence.
- This coupled with emphasis on health-conscious lifestyles and the improving adoption rates of plant-based supplements continue to bolster the position of North America’s market. Market leaders in the region are constantly focusing on adopting the latest technologies and business partnerships in order to diversify and extend their product line and hence retain their positions in the market.
Active Key Players in the DHA Supplements Market:
- Archer Daniels Midland Company (USA)
- BASF SE (Germany)
- Corbion (Netherlands)
- Croda International Plc (UK)
- DSM (Netherlands)
- KD Pharma Group (Germany)
- Nordic Naturals (USA)
- Novotech Nutraceuticals (USA)
- Polaris (France)
- Stepan Company (USA)
- Other Active Players
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DHA Supplements Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 1.90 Billion |
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Forecast Period 2024-32 CAGR: |
6.10% |
Market Size in 2032: |
USD 3.23 Billion |
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Segments Covered: |
By Source |
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By Form |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: DHA Supplements Market by Source
4.1 DHA Supplements Market Snapshot and Growth Engine
4.2 DHA Supplements Market Overview
4.3 Fish Oil
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Fish Oil: Geographic Segmentation Analysis
4.4 Algal Oil
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Algal Oil: Geographic Segmentation Analysis
4.5 Others
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Others: Geographic Segmentation Analysis
Chapter 5: DHA Supplements Market by Form
5.1 DHA Supplements Market Snapshot and Growth Engine
5.2 DHA Supplements Market Overview
5.3 Softgels
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Softgels: Geographic Segmentation Analysis
5.4 Capsules
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Capsules: Geographic Segmentation Analysis
5.5 Powders
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Powders: Geographic Segmentation Analysis
5.6 Liquids
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Liquids: Geographic Segmentation Analysis
Chapter 6: DHA Supplements Market by Application
6.1 DHA Supplements Market Snapshot and Growth Engine
6.2 DHA Supplements Market Overview
6.3 Infant Formula
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Infant Formula: Geographic Segmentation Analysis
6.4 Dietary Supplements
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Dietary Supplements: Geographic Segmentation Analysis
6.5 Functional Foods & Beverages
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Functional Foods & Beverages: Geographic Segmentation Analysis
6.6 Pharmaceuticals
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Pharmaceuticals: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 DHA Supplements Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 BASF SE (GERMANY)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 DSM (NETHERLANDS)
7.4 KD PHARMA GROUP (GERMANY)
7.5 CRODA INTERNATIONAL PLC (UK)
7.6 POLARIS (FRANCE)
7.7 CORBION (NETHERLANDS)
7.8 NOVOTECH NUTRACEUTICALS (USA)
7.9 ARCHER DANIELS MIDLAND COMPANY (USA)
7.10 STEPAN COMPANY (USA)
7.11 NORDIC NATURALS (USA)
7.12 OTHER ACTIVE PLAYERS
Chapter 8: Global DHA Supplements Market By Region
8.1 Overview
8.2. North America DHA Supplements Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Source
8.2.4.1 Fish Oil
8.2.4.2 Algal Oil
8.2.4.3 Others
8.2.5 Historic and Forecasted Market Size By Form
8.2.5.1 Softgels
8.2.5.2 Capsules
8.2.5.3 Powders
8.2.5.4 Liquids
8.2.6 Historic and Forecasted Market Size By Application
8.2.6.1 Infant Formula
8.2.6.2 Dietary Supplements
8.2.6.3 Functional Foods & Beverages
8.2.6.4 Pharmaceuticals
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe DHA Supplements Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Source
8.3.4.1 Fish Oil
8.3.4.2 Algal Oil
8.3.4.3 Others
8.3.5 Historic and Forecasted Market Size By Form
8.3.5.1 Softgels
8.3.5.2 Capsules
8.3.5.3 Powders
8.3.5.4 Liquids
8.3.6 Historic and Forecasted Market Size By Application
8.3.6.1 Infant Formula
8.3.6.2 Dietary Supplements
8.3.6.3 Functional Foods & Beverages
8.3.6.4 Pharmaceuticals
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Bulgaria
8.3.7.2 The Czech Republic
8.3.7.3 Hungary
8.3.7.4 Poland
8.3.7.5 Romania
8.3.7.6 Rest of Eastern Europe
8.4. Western Europe DHA Supplements Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Source
8.4.4.1 Fish Oil
8.4.4.2 Algal Oil
8.4.4.3 Others
8.4.5 Historic and Forecasted Market Size By Form
8.4.5.1 Softgels
8.4.5.2 Capsules
8.4.5.3 Powders
8.4.5.4 Liquids
8.4.6 Historic and Forecasted Market Size By Application
8.4.6.1 Infant Formula
8.4.6.2 Dietary Supplements
8.4.6.3 Functional Foods & Beverages
8.4.6.4 Pharmaceuticals
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 Netherlands
8.4.7.5 Italy
8.4.7.6 Russia
8.4.7.7 Spain
8.4.7.8 Rest of Western Europe
8.5. Asia Pacific DHA Supplements Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Source
8.5.4.1 Fish Oil
8.5.4.2 Algal Oil
8.5.4.3 Others
8.5.5 Historic and Forecasted Market Size By Form
8.5.5.1 Softgels
8.5.5.2 Capsules
8.5.5.3 Powders
8.5.5.4 Liquids
8.5.6 Historic and Forecasted Market Size By Application
8.5.6.1 Infant Formula
8.5.6.2 Dietary Supplements
8.5.6.3 Functional Foods & Beverages
8.5.6.4 Pharmaceuticals
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa DHA Supplements Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Source
8.6.4.1 Fish Oil
8.6.4.2 Algal Oil
8.6.4.3 Others
8.6.5 Historic and Forecasted Market Size By Form
8.6.5.1 Softgels
8.6.5.2 Capsules
8.6.5.3 Powders
8.6.5.4 Liquids
8.6.6 Historic and Forecasted Market Size By Application
8.6.6.1 Infant Formula
8.6.6.2 Dietary Supplements
8.6.6.3 Functional Foods & Beverages
8.6.6.4 Pharmaceuticals
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkey
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America DHA Supplements Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Source
8.7.4.1 Fish Oil
8.7.4.2 Algal Oil
8.7.4.3 Others
8.7.5 Historic and Forecasted Market Size By Form
8.7.5.1 Softgels
8.7.5.2 Capsules
8.7.5.3 Powders
8.7.5.4 Liquids
8.7.6 Historic and Forecasted Market Size By Application
8.7.6.1 Infant Formula
8.7.6.2 Dietary Supplements
8.7.6.3 Functional Foods & Beverages
8.7.6.4 Pharmaceuticals
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
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DHA Supplements Market |
|||
|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 1.90 Billion |
|
Forecast Period 2024-32 CAGR: |
6.10% |
Market Size in 2032: |
USD 3.23 Billion |
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Segments Covered: |
By Source |
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By Form |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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