Algae Omega-3 Ingredients

The “Algae Omega-3 Ingredients Market” report 2020 covers all the significant developments which are recently being adopted across the global market. The prime objective of the Algae Omega-3 Ingredients market report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends, and opportunities. The Algae Omega-3 Ingredients market report covers both the demand and supply aspects of the market. The report also highlighted the future trends in the Algae Omega-3 Ingredients market that will impact the demand during the forecast period.

Scope of the Report:

The global algae omega-3 ingredients market offers ingredient types such as Eicosapentaenoic Acid (EPA), Docosahexaenoic Acid (DHA), and EPA/DHA applicable to food and beverage, dietary supplements, pharmaceuticals, animal nutrition and clinical nutrition. The market further provides the ingredient types based on the concentration level of low, medium and high and market scenario at the global level.

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Market Overview:

  • The global algae omega-3 ingredients market is forecasted to reach USD 1.2 billion by 2024 growing at a CAGR of 11.3% during the forecast period (2019-2024). The market for algae omega-3 ingredients is dynamic and highly fragmented, with numerous small and domestic players occupying the major chunk of the global market share. Omega-3 oils are essential fatty acids that have a broad range of health benefits, including cardiovascular, eye, and brain health, for which they are being widely used in various end-user applications, like dietary supplements, infant nutrition, functional food and beverages, and pharmaceutical and clinical nutrition. Algal oil is gaining popularity among vegans and other people who want a source of long-chain omega-3 fatty acids (EPA and DHA). It does not pose the risk of contamination with pollutants, such as polychlorinated biphenyls.

    Some of the Top Key Players of Algae Omega-3 Ingredients Market Report Are:

  • Archer Daniels Midland Company
  • Koninklijke DSM N.V.
  • Corbion N.V.
  • Neptune Wellness Solutions
  • Source Omega LLC
  • Polaris
  • Novotech Nutraceuticals Inc.

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

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    Key Market Trends:

    EPA/DHA Ingredients Emerge as the Fastest Growing Segment

    EPA is commonly used in combination with DHA in various infant formulas. Most products in the market are present as a combination of EPA and DHA, owing to their combinatorial health effects. Algal oil is gaining popularity among vegans and vegetarians, and other people who want a source of long-chain omega-3 fatty acids (EPA and DHA). It does not pose the risk of contamination with pollutants, such as polychlorinated biphenyls. For instance, in India, the dietary supplements sector is the largest consumer of omega-3 ingredients. The main source of the omega-3 ingredient is algal oil. Its usage is expected to increase faster than the fish oil, due to the large vegetarian population in India. The combination of EPA and DHA in dietary supplements claims to have benefits for fetal development, cardiovascular health, and cognitive function, among others.

    Dietary Supplements Hold the Major Share in Market

    Algae Omega-3 oils are essential fatty acids that have a broad range of health benefits, including cardiovascular, eye, and brain health. Hence, it is being widely used in dietary supplements. The increasing prevalence of obesity in developed countries has increased the diet-consciousness among the younger generation, which is supporting the growth of this segment of algae omega-3 ingredients in these markets. For instance: Australia-based organic algae omega oil company Qponics Limited had signed a collaboration with technAlgaeCytes Limited to start producing commercial algae by Qponics Limited in 2016. It is also focused on developing high-quality algae EPA for supplements through the Algacytes photobioreactor ology. It also aims to expand the company product in Europe and Australia.

    The Report Covers:

    • Comprehensive research methodology of Algae Omega-3 Ingredients market
    • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
    • Analysis of regional regulations and other government policies impacting the global sleep aid market
    • Insights about market determinants which are stimulating the global Algae Omega-3 Ingredients market
    • Detailed and extensive market segments with regional distribution of forecasted revenues
    • Extensive profiles and recent developments of market players Companies Mentioned

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    Detailed TOC of Algae Omega-3 Ingredients Market Report 2020-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study


    3.1 Market Overview

    4.1 Market Drivers
    4.2 Market Restraints
    4.3 Porters Five Force Analysis
    4.3.1 Threat of New Entrants
    4.3.2 Bargaining Power of Buyers/Consumers
    4.3.3 Bargaining Power of Suppliers
    4.3.4 Threat of Substitute Products
    4.3.5 Intensity of Competitive Rivalry

    5.1 By Type
    5.1.1 Eicosapentanoic Acid (EPA)
    5.1.2 Docosahexaenoic Acid (DHA)
    5.1.3 EPA/DHA
    5.2 By Application
    5.2.1 Food and Beverages Infant Formula Fortified Food and Beverages
    5.2.2 Dietary Supplements
    5.2.3 Pharmaceuticals
    5.2.4 Animal Nutrition
    5.2.5 Clinical Nutrition
    5.3 By Concentration Type
    5.3.1 High Concentrated
    5.3.2 Medium Concentrated
    5.3.3 Low Concentrated
    5.4 Geography
    5.4.1 North America United States Canada Mexico Rest of North America
    5.4.2 Europe Spain United Kingdom Germany France Italy Russia Rest of Europe
    5.4.3 Asia Pacific China Japan India Australia Rest of Asia-Pacific
    5.4.4 South America Brazil Argentina Rest of South America
    5.4.5 Middle East and Africa South Africa United Arab Emirates Rest of Middle East and Africa

    6.1 Most Active Companies
    6.2 Strategies Adopted by Leading Players
    6.3 Market Share Analysis
    6.4 Company Profiles
    6.4.1 Archer Daniels Midland Company
    6.4.2 Koninklijke DSM N.V.
    6.4.3 Corbion N.V.
    6.4.4 Neptune Wellness Solutions
    6.4.5 Source Omega LLC
    6.4.6 Polaris
    6.4.7 BASF SE
    6.4.8 Novotech Nutraceuticals Inc.


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  • Algae Omega-3 Ingredients Market Report 2020: Global Industry Size Analysis by Value Chain, SWOT Analysis, Drivers and Opportunities by Region and Forecast to 2024

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