Docosahexaenoic Acid Market size is poised to reach USD 13 Billion by the end of 2035, growing at a CAGR of 11% during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of docosahexaenoic acid was USD 4 Billion. The reason behind the growth is impelled by escalating cases of depression. One such factor that sets off depression in a person is a deficiency in docosahexaenoic acid (DHA), as taking EPA and DHA Omega-3s is associated with a significant reduction in depressive symptoms. Thus, the surge in cases of depression throughout the world is anticipated to drive market growth in the coming years. As reported in the World Health Organization (WHO) 2021 report, depression affected an estimated 5% of individuals globally.
The surging risk of preterm births across the globe is believed to fuel DHA market growth. The risk of death or major disability increases with the preterm birth of a baby. For instance, by the end of 2020, over 16 million preterm births occurred globally, resulting in an 11% preterm birth rate worldwide. Along with this, premature birth is the main cause of mortality in children, responsible for up to 37% of infant deaths and nearly 19% of all deaths in children under the age of 5 years.
DHA helps in reducing the risk of preterm birth by providing essential nutrients to the fetus. Hence, the surging risk of preterm births is also estimated to spur market growth in the coming years.
Growth Drivers
Challenges
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Base Year |
2022 |
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Forecast Year |
2023-2035 |
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CAGR |
~11% |
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Base Year Market Size (2022) |
~ USD 4 Billion |
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Forecast Year Market Size (2035) |
~ USD 13 Billion |
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Regional Scope |
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Type (Fish Oil DHA, Algae DHA)
The algae docosahexaenoic acid market is estimated to gain around 61% market share in the coming years owing to the rising application of algae-based omega-3s in infant food. Algae oil is used as a substitute to fish in baby milk and food and is considered a primary source of omega-3 fats. It is used in formulations for newborns and young children in powder form since it is high in the omega-3 fats EPA and DHA.
In addition, more than 500 human goods now employ the omega-3 oil that comes from these algae which is also known as a vegetarian source of docosahexaenoic acid.
End-User (Breastfeeding Mothers, Infants, Pregnant Mothers)
The pregnant mothers segment in the docosahexaenoic acid market is set to garner a notable share in the near future driven by the growing demand for DHA in pregnant mothers. Pregnant women must consume sufficient levels of DHA to improve the quality of their pregnancies and the health of their fetuses. A growing body of research indicates that pregnant women may benefit from taking supplements of omega-3 fatty acids, particularly DHA, which may aid in maintaining a healthy birth weight.
Our in-depth analysis of the global market includes the following segments:
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APAC Market Forecast
Docosahexaenoic acid market in Asia Pacific, is predicted to account for the largest share of about 42% by 2035 impelled by growing healthcare expenditure. Rising healthcare spending in healthcare may increase awareness among individuals and medical professionals about the importance of DHA in maintaining overall health.
As a result, people in the region are likely to seek out products such as DHA-enriched infant formulas, baby food, and other supplements.
North American Market Statistics
The North American docosahexaenoic acid (DHA) market is estimated to be the second largest, during the forecast timeframe led by the surging numbers of consumers who have been opting for concentrated dietary supplements to address their nutritional needs for DHA. For instance, the region's population is becoming more concerned with their own health, which has led to an increase in demand for concentrated dietary supplements to meet their nutritional needs for DHA and promote their well-being.
Author Credits: Anil Kumar, Ipsheeta Dash
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