Online Education Is Fastest Growing Segment Fueling The Growth Of EPA And DHA Market

https://www.coherentmarketinsights.com/market-insight/epa-and-dha-market-5200
EPA And DHA Market



Market Overview:

EPA and DHA are two key omega-3 fatty acids that have anti-inflammatory and cardiovascular health benefits. They are used in food fortification and dietary supplements to fulfill the need for omega 3-6 fatty acid balance in regular diets.

Market key trends:
The rising awareness about the health benefits of EPA and DHA among the population is a major factor responsible for the growth of the EPA and DHA market. Omega-3 fatty acids have been found to reduce cardiovascular disease risk when consumed in addition to a healthy diet. Research suggests that consumption of EPA and DHA may help lower blood pressure and reduce the production of compounds in the body that can cause inflammation. This consumer awareness is boosting the demand for EPA and DHA products in supplements, infant formula, and food fortification applications.

Segment Analysis
The global EPA and DHA market is segmented into application and form. Based on application, the market is segmented into dietary supplements, functional foods & beverages, pharmaceuticals, infant formula, and animal feed & pet food. The dietary supplements segment dominated the market in 2022 and is expected to continue its dominance over the forecast period due to rising health-consciousness among consumers and increasing usage of omega-3 supplements for several health conditions.

The EPA and DHA Market Share is estimated to be valued at US$ 1853.38 Mn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights

Key Takeaways

The global EPA and DHA market is expected to witness high growth, exhibiting CAGR of 6.7% over the forecast period, due to increasinghealth consciousness among consumers and rising awareness regarding the health benefits of consuming EPA and DHA.

Regional analysis

North America dominated the global EPA and DHA market in 2022 and is expected to continue its dominance over the forecast period. This is attributed to strong demand for functional foods and dietary supplements containing EPA and DHA, increasing consumer awareness regarding the health benefits of omega-3 fatty acids, and rising focus of key players on business expansion in the region. The Asia Pacific market is expected to witness the fastest growth over the forecast period due to growing health consciousness, rising disposable income, and increasing consumption of nutritional supplements in countries like China and India.

Key players

Key players operating in the EPA and DHA market are Koninklijke DSM NV, KD Pharma Group, The Archer Daniels Midland Company, Corbion NV, Novasep Holding SAS, Neptune Wellness Solutions, BASF SE, Clover Corporation Ltd, Croda International PLC, Novotech Nutraceuticals, and Polaris. Koninklijke DSM NV is one of the leading players focusing on expanding its global footprint and reinforcing its supply chain to strengthen its position in the market.

Comments

Post a Comment

Popular posts from this blog

Global Fiber Reinforced Concrete Market Opportunity Analysis and Industry Forecast 2028

Image
  Fiber Reinforced Concrete Market A rise in commercial construction activity is anticipated to fuel the market as a result of the economy's improved state. The need for more office and storage space has been driven by the expansion of industries like food and consumer goods, which has had a large positive impact on the construction sector and the demand for paving slabs as long-lasting and attractive flooring. With the majority of the actors involved in the production and manufacture of the raw materials used in the production of paving slabs, product makers have a highly integrated supply chain. The majority of market participants also benefit from a robust direct distribution network that facilitates a seamless flow of products and enables them to build a broader customer base. Having a wide range of customizable products is important while making purchases. The global Fiber Reinforced Concrete Market was valued at US$ 2,330.40 Mn in 2020 and is forecast to reach a value of US$
Read more

Augmented Reality Is Fastest Growing Segment Fueling The Growth Of Air Defense Systems Market

Image
Air Defense Systems Market Market Overview: Air defense systems provides protection against cruise, tactical and strategic ballistic missiles, unmanned aerial vehicles, and aircraft. They consist of radar systems, interceptor missiles, command and control systems and fire control systems. Air defense systems help detect incoming enemy planes, and intercept missiles and other threats before they reach their targets using air-to-air, surface-to-air, and man-portable missiles. Market key trends: One of the major trends in the air defense systems market is the increasing adoption of augmented reality and artificial intelligence. Augmented reality offers 3D digital interfaces to air defense operators and commanders and overlays geographical data and combat intelligence information onto real-world combat scenarios. This enhances situation awareness, minimizes fatigue and improves decision-making. It is increasingly being incorporated into command and control systems, fire control radars and
Read more

The U.S. Sterile Injectables Market Witnessing Tremendous Growth Due to Rising Prevalence of Chronic Disease

Image
U.S. Sterile Injectables Market    Sterile Injectables are compounded medications with sterile components for intravenous administration. They are composed of small molecules, large molecules, and biologics. In 2018, the global sterile injectable market was valued at US$ 357 billion. During the forecast period, the market is expected to grow at a 7.3% CAGR. The market will likely be driven by the growing demand for these medications in developing countries. The U.S. sterile injectables market is expected to expand over the forecast period due to rising product launches are one of the key factors boosting the growth of this market. Many sterile products fail to meet regulatory requirements. Due to the risk involved, a sterile drug product must meet strict standards. Lack of quality assurance in the manufacturing process can result in low-quality medicines. To combat this risk, manufacturers highly trust CMOs to adhere to rigorous quality standards. Manufacturers of sterile injectables a
Read more