Global EPA and DHA market is expected to rise from its initial estimated value of USD 41,454.32 million in 2018 to an estimated value of USD 84,436.67 million by 2026, registering a CAGR of 9.30% during the forecast period of 2019-2026. This rise in market value can be attributed to rising need of plant protein amid rising amount of health concerns and veganism worldwide.
EPA and DHA market research report delivers the systematic and comprehensive market research study, along with the facts and figures associated with any subject in the field of marketing. The report also estimates CAGR (compound annual growth rate) values along with its fluctuations for the definite forecast period. Furthermore, this report offers better market perspective in terms of product trends, marketing strategy, future products, new geographical markets, future events, sales strategies, customer actions or behaviours. This market report is the outcome of incessant efforts guided by knowledgeable forecasters, innovative analysts and brilliant researchers.
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Competitive Analysis: Global EPA and DHA Market
Global EPA and DHA Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of EPA and DHA market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global EPA and DHA Market
Few of the major competitors currently working in the EPA and DHA Market are Royal DSM, Croda International Plc, Omega Protein Corporation, Archer Daniels Midland Company, Corbion, BASF SE, Pelagia AS, Golden Omega S.A., Arctic Nutrition AS, Organic Technologies, KD Pharma Group, Novotech Nutraceuticals Inc., Novasep Holding SAS among others.
Key Developments in the Market:
In January 2018, Croda International Plc, acquired Nautilus Biosciences Canada Inc.(Canada)
In August 2018, Archer Daniels Midland Company expanded its Health & Wellness Offerings with Onavita Algal DHA Powders.
Market Drivers: Global EPA and DHA Market
Continued popularity of EPA/DHA omega-3 nutritional supplement products is expected to drive the market growth
Research and development and aggressive marketing of EPA/DHA products is also expected to drive the market growth
Mild side effects of EPA and DHA supplements is expected to restrain the market growth
Fluctuating costs is also expected to restrain the market growth
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Segmentation: Global EPA and DHA Market
Eicosapentaenoic Acid (EPA)
Docosahexaenoic Acid (DHA)
By Concentration Type
By Form (Fatty acid)
Fortified Food and Beverages
Middle East & Africa
Key Insights in the report:
Competitive analysis of key competitors involved in the market
Complete analysis of Market Segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
Market Drivers and Restraints analysis along with the analysis of the market structure
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