Docosahexaenoic Acid (DHA) Market Projected to Grow at a CAGR of ~7% during 2022 – 2031

Research Nester published a report titled Docosahexaenoic Acid (DHA) Market: Global Demand Analysis & Opportunity Outlook 2031which delivers detailed overview of the global docosahexaenoic acid (DHA) market in terms of market segmentation by type, application, end-user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global docosahexaenoic acid (DHA) market is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2022 – 2031. The market is segmented on the basis of end-user, into breastfeeding mother, infants, pregnant mother, and others. Out of these, the pregnant mother segment is anticipated to gain notable share over the forecast period owing to the growing awareness amongst parents regarding the importance of nutrition provided in the pre-natal stage to their child. Moreover, pregnant women are more concerned for the health of their child, which is projected to have a positive impact on the segment growth.

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The global docosahexaenoic acid (DHA) market is estimated to grow on the back of increasing need for DHA for brain development in infants, which is a primary structural component of the human brain. Moreover, the easy availability of DHA supplements in the market, backed by rising investment in development of new drugs, is further estimated to boost the market growth. Furthermore, the growing healthcare awareness amongst people is also projected to boost the market growth.

On the basis of geographical analysis, the global docosahexaenoic acid (DHA) market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The North America region is anticipated to witness notable growth in the market over the forecast period owing to the growing healthcare industry in the region. Furthermore, higher awareness amongst people regarding dementia and other mentally degenerative diseases, is estimated to boost the market growth. 

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

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Growing Healthcare Awareness amongst People to Boost the Market Growth

Docosahexaenoic acid, also known as, DHA, is a vital compound for the development of cerebral cortex, which is not formed in the human body. This is why, it is essential to intake as a supplement, especially for pregnant mothers, and infants. The growing health awareness amongst parents is foreseen to boost the market growth.  

However, disrupted raw material supply for manufacturing DHA supplements is expected to operate as key restraint to the growth of global docosahexaenoic acid (DHA) market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global docosahexaenoic acid (DHA) market which includes company profiling of BASF SE, Siemens AG, Cellana, Inc., Koninklijke DSM N.V., JC Biotech Private Limited, Croda Inc., Cabio Biotech (Wuhan) Co., Ltd., Far East Microalgae Industries, Co., Ltd.(FEMICO), Algenol Inc., and TerraVia Holdings, Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global docosahexaenoic acid (DHA) market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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