DUBLIN--(BUSINESS WIRE)--Sep 4, 2018--The "Global EPA Focused Algae Omega-3 Ingredient Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global EPA-focused algae omega-3 ingredient market is expected to register a CAGR of 13.4% during the forecast period of 2018-2023.

Consumer Demand for Dietary Supplements

Most of the EPA supplied to the human body is through the consumption of fish. However, many countries are below par in terms of fish consumption, thus leading to EPA deficiency among the population.

People in most parts of the world are unable to obtain the recommended levels of EPA through their normal diets. Supplements are therefore better sources to supply EPA than fortified foods, because supplements are better in terms of purity and concentration than fortified foods, thus making them more effective to treat people with specific health issues. Algal-based EPA does not have the fishy odor and after taste, which is driving the market.

Owing to the increased preference for dietary supplements, as compared to functional food, North America is the largest consumer of algal EPA supplements. However, the majority of supplements available in the market contain a mixture of EPA and DHA, while EPA-only supplements are recording increasing demand, due to targeted health benefits.

Other Key Highlights

Infant Formula Market Boosted the Algal DHA Market Growing Dietary Supplement Market Offering Growth Opportunity

Major Developments in the Market

DSM and Evonik have established a joint venture for the development of omega-3 fatty acids, from sustainable natural marine algae source for animal nutrition. The initial product application is aimed at salmon aquaculture and pet food.

Key Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Market Overview

4. General Analysis of Omega 3 Fatty Acid Market

5. Analysis of Algae-based Omega 3 Fatty Acid Market

6. Analysis of Algae-based Eicosapentanoic Acid (EPA) Market

7. Competitive Landscape

8. Company Profiles

ADM Algaecytes Algaecytes Bioceuticals Cellana DSM Nordic Naturals Novotech Nutraceuticals Inc. Qualitas Health Source-Omega Terravia (Solazyme) Xiamen Huison Biotech

For more information about this report visit https://www.researchandmarkets.com/research/wr8m8h/epafocused_algae?w=4

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Related Topics:Vitamins and Dietary Supplements,Nutraceuticals and Weight Loss ,Food Ingredients



SOURCE: Research and Markets

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PUB: 09/04/2018 06:48 AM/DISC: 09/04/2018 06:48 AM