The DHA Algae Oil for Infant Formula market expects to grow from USD 265.58 million in 2020 to USD 506.33 million by 2028, at a CAGR of 8.4% during the forecast period 2021-2028.
Algal oil is a type of oil derived from sea algae. Algal oil, like fish oil, is a source of omega-3 fatty acids. Docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA) are two of the most important omega-3 fatty acids found in algal oil (EPA). Algal oil is a type of oil that is utilized in both food and medicine. To fortify newborn formula, algal oil is usually combined with another fatty acid. It's also used to improve children's and older people's thinking skills, lower cholesterol, improve vision in people with a specific eye problem, and various other conditions. However, still, there's no clear scientific evidence to back up these claims. Algal oil can be used in place of fish and fish oil. It's a sort of oil derived from microalgae. Fish eat these microalgae and convert them into necessary fatty acids, which are then stored in their tissues. DHA algal oil is essential for developing a healthy immune system since it reduces disease severity, improves antibody function, and reduces inflammation, making it a good fit for newborn formula.
The factors driving the market are growing DHA Algae Oil for Infant Formula across the globe, increasing awareness regarding the health issues of infants, benefits of DHA algae oil for infant formula, demand for vegan-based products over animal-based coupled with better oxidation stability, and significant investment in Research & Development. The factors restraining the market growth are Symptoms of the stomach or intestine, slightly increased cholesterol levels, and strict rules and regulations for the product approval. Increasing awareness regarding infants' health & nutritional requirements, working memory in children on account of deficiency fatty acid, technology innovation will enhance the yields of algal oil and scientific understanding of the health benefits from DHA Algae Oil.
This study delivers a comprehensive analysis of type, product, and region. The type segment includes Crolibulin, CLM-94, GLONC-2, Efatutazone, and Others. The Crolibulin segment held the largest market share, owing to the rising affluence in the anaplastic thyroid cancer drug market in terms of revenue. The content segment includes 30%-40% and 40%-50%. The 40%-50% segment holds the largest market share, owing to its various benefits, including easy absorbance, safety, high purity, and cleanliness. Further, the product contains over 95% of the retina's polyunsaturated fatty acids and over 50% of the plasma membranes of neurons, making it essential for heart, eyesight, and brain function. The application segment includes 0-3 years old and 3-6 years old. 0-3 years old segment holds the largest market share, owing to the Significant rise in birth rates, recommendations for adequate omega-3 fatty acids intake by health organizations, and Omega-3 supplementation is widely recommended for nursing infants.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America holds the largest market share in the U.S., owing to the high demand for healthcare products, growing awareness among young parents regarding the nutritional requirements of infants, and a significant rise in the female workforce. The Asia-Pacific region is anticipated to grow and holds the largest share in China, owing to the growing urbanization, increasing awareness regarding the health benefits of DHA algae oil for infant formula, and the disposable income of consumers.
Some of the notable players in the market are Daiichi Sankyo Company Limited, Nordic Naturals, Genelux Corporation, Kingdomway Nutrition Inc., Immune Pharmaceuticals Inc., Hubei Fuxing Biotechnology Co. Ltd., Millennium Pharmaceuticals Inc., Novartis AG, Pfizer Inc., Plexxikon Inc., Guangdong Runke Bio-Engineering Co., Trophogen Inc., Xiamen Huison Biotech Co. Ltd., Ltd., Far East Microalgae Industries Co. Ltd., Lonza Group and Lyxia Corporation.
DHA Algae Oil for Infant Formula Market Analysis and Forecast, Type
DHA Algae Oil for Infant Formula Market Analysis and Forecast, Content
DHA Algae Oil for Infant Formula Market Analysis and Forecast, Application
DHA Algae Oil for Infant Formula Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Content
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. increasing awareness regarding the health issues of infants
5.2.2. benefits of DHA algae oil for infant formula
5.2.3. demand for vegan based Contents over animal based
5.2.4. significant investment in Research & Development
5.3. Restrains
5.3.1. Symptoms of the stomach or intestine
5.3.2. slightly increased cholesterol levels
5.3.3. strict rules and regulations for the Content approval
5.4. Opportunities
5.4.1. Increasing awareness regarding the health & nutritional requirements of infants
5.4.2. working memory in children on account of deficiency fatty acid
5.4.3. innovation in technology will enhance the yields of algal oil
5.4.4. scientific understanding of the health benefits from DHA Algae Oil.
6. Global DHA Algae Oil for Infant Formula Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Crolibulin
6.3. CLM-94
6.4. GLONC-2
6.5. Efatutazone
6.6. Others
7. Global DHA Algae Oil for Infant Formula Market Analysis and Forecast, By Content
7.1. Segment Overview
7.2. 30%-40%
7.3. 40%-50%
8. Global DHA Algae Oil for Infant Formula Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. 0-3 years old
8.3. 3-6 years old
9. Global DHA Algae Oil for Infant Formula Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global DHA Algae Oil for Infant Formula Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global DHA Algae Oil for Infant Formula Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.2.5. Competitive Situations and Trends
10.2.6. Content Launches and Developments
10.2.7. Partnerships, Collaborations, and Agreements
10.2.8. Mergers & Acquisitions
10.2.9. Expansions
11. Company Profiles
11.1. Daiichi Sankyo Company Limited
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Content Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Nordic Naturals
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Content Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Genelux Corporation
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Content Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Kingdomway Nutrition Inc.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Content Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Immune Pharmaceuticals Inc.
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Content Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Hubei Fuxing Biotechnology Co. Ltd.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Content Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Millennium Pharmaceuticals Inc.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Content Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Novartis AG, Pfizer Inc.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Content Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Plexxikon Inc.
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Content Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Guangdong Runke Bio-Engineering Co.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Content Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Trophogen Inc.
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Content Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Xiamen Huison Biotech Co. Ltd.
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Content Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Far East Microalgae Industries Co. Ltd.
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Content Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Lonza Group
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Content Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Lyxia Corporation
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Content Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
List of Table
1. Global DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
2. Global Crolibulin, DHA Algae Oil for Infant Formula Market, By Region, 2018-2028 (USD Million)
3. Global CLM-94, DHA Algae Oil for Infant Formula Market, By Region, 2018-2028 (USD Million)
4. Global GLONC-2, DHA Algae Oil for Infant Formula Market, By Region, 2018-2028 (USD Million)
5. Global Efatutazone, DHA Algae Oil for Infant Formula Market, By Region, 2018-2028 (USD Million)
6. Global Others, DHA Algae Oil for Infant Formula Market, By Region, 2018-2028 (USD Million)
7. Global DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
8. Global 30%-40%, DHA Algae Oil for Infant Formula Market, By Region, 2018-2028 (USD Million)
9. Global 40%-50%, DHA Algae Oil for Infant Formula Market, By Region, 2018-2028 (USD Million)
10. Global DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
11. Global 0-3 years old, DHA Algae Oil for Infant Formula Market, By Region, 2018-2028 (USD Million)
12. Global 3-6 years old, DHA Algae Oil for Infant Formula Market, By Region, 2018-2028 (USD Million)
13. North America DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
14. North America DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
15. North America DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
16. U.S. DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
17. U.S. DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
18. U.S. DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
19. Canada DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
20. Canada DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
21. Canada DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
22. Mexico DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
23. Mexico DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
24. Mexico DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
25. Europe DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
26. Europe DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
27. Europe DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
28. Germany DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
29. Germany DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
30. Germany DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
31. France DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
32. France DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
33. France DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
34. U.K. DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
35. U.K. DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
36. U.K. DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
37. Italy DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
38. Italy DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
39. Italy DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
40. Spain DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
41. Spain DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
42. Spain DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
43. Asia Pacific DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
44. Asia Pacific DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
45. Asia Pacific DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
46. Japan DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
47. Japan DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
48. Japan DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
49. China DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
50. China DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
51. China DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
52. India DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
53. India DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
54. India DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
55. South America DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
56. South America DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
57. South Africa DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
58. Brazil DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
59. Brazil DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
60. Brazil DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
61. Middle East and Africa DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
62. Middle East and Africa DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
63. Middle East and Africa DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
64. UAE DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
65. UAE DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
66. UAE DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
67. South Africa DHA Algae Oil for Infant Formula Market, By Type, 2018-2028 (USD Million)
68. South Africa DHA Algae Oil for Infant Formula Market, By Content, 2018-2028 (USD Million)
69. South Africa DHA Algae Oil for Infant Formula Market, By Application, 2018-2028 (USD Million)
List of Figures
1. Global DHA Algae Oil for Infant Formula Market Segmentation
2. Global DHA Algae Oil for Infant Formula Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global DHA Algae Oil for Infant Formula Market Attractiveness Analysis By Type
9. Global DHA Algae Oil for Infant Formula Market Attractiveness Analysis By Content
10. Global DHA Algae Oil for Infant Formula Market Attractiveness Analysis By Application
11. Global DHA Algae Oil for Infant Formula Market Attractiveness Analysis By Region
12. Global DHA Algae Oil for Infant Formula Market: Dynamics
13. Global DHA Algae Oil for Infant Formula Market Share by Type (2021 & 2028)
14. Global DHA Algae Oil for Infant Formula Market Share by Content (2021 & 2028)
15. Global DHA Algae Oil for Infant Formula Market Share by Regions (2021 & 2028)
16. Global DHA Algae Oil for Infant Formula Market Share by Company (2020)
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