PUBLISHER: QYResearch | PRODUCT CODE: 1207451
PUBLISHER: QYResearch | PRODUCT CODE: 1207451
Due to the COVID-19 pandemic, the global DHA from Algae market size is estimated to be worth US$ 473.80 million in 2022 and is forecast to a readjusted size of US$ 969.91 million by 2028 with a CAGR of 12.68% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, DHA Powder accounting for 35.86% of the DHA from Algae global market in 2021, is projected to value US$ 250.02 million by 2028, growing at a revised 7.51% CAGR from 2022 to 2028. While Infant Formula segment is altered to a 14.25% CAGR throughout this forecast period.
North America DHA from Algae market size was US$ 164.70 million in 2021, while Europe was US$ 89.97 million. The proportion of the North America was 40.56% in 2021, while Europe's percentage was 22.16%, and it is predicted that Europe market share will reach 19.41% in 2028, trailing a CAGR of 10.29% through the analysis period.
The global major manufacturers of DHA from Algae include DSM, Roquette, Corbion, Huison, Runke, ADM, Mara Renewables, Cabio, Solutex, Kingdomway, Fermentalg, JC Biotech, Keyuan, Bioplus Life Sciences, Fuxing, etc. In terms of revenue, the global three largest players hold a 62.30% market share of DHA from Algae in 2021.
This report focuses on DHA from Algae volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall DHA from Algae market size by analysing historical data and future prospect.
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. By Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.