Koninklijke DSM N.V. announced the release of its novel, high-quality life'sDHA SF55-O200DS oil for maternal and early-life nutritional solutions. This new plant-based high-potency DHA oil strengthens the company's maternal and baby nutrition range.
Croda International Plc acquired Solus Biotech from Solus Advanced Materials, which is a prominent provider of high-end, biotechnology-derived beauty activities.
Author Credits: Anil Kumar, Ipsheeta Dash
Report ID: 3946
Published Date: Jul 27, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Escalating cases of depression and surging risk of preterm births across the globe are the major factors driving the growth of the market.
The market size of Docosahexaenoic Acid (DHA) is anticipated to attain a CAGR of 11% over the forecast period, i.e., 2023 – 2035.
The major players in the market are Koninklijke DSM N.V., BASF SE, Croda International Plc, Cellana, Inc., Far East Microalgae Industries, Co., Ltd.(FEMICO), Pelagia AS, and others.
The algae DHA segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.