by The global EPA and DHA market is witnessing substantial growth due to the increasing popularity of nutraceuticals and preventive healthcare practices. EPA and DHA, which are polyunsaturated fatty acids found in fish oil, are extensively used in various nutraceutical, pharmaceutical, food and beverage, infant formula, and aquaculture applications due to their nutritional and health benefits. EPA and DHA are important omega-3 fatty acids that help support heart health, brain function, joints, and overall well-being. They contribute to reduced inflammation and support cognitive and cardiovascular functions.
The Global EPA and DHA Market is estimated to be valued at US$ 2135.1 Mn in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the EPA and DHA market are KHS GmbH, Tetra Pak International SA (Tetra Laval Group), Syntegon Technology GmbH, JBT Corporation, GEA Group Aktiengesellschaft, Sidel Group (Tetra Laval Group), Krones AG, Ronchi Mario SPA, Coesia Group, and Barry-Wehmiller Companies Inc. Growing consumer awareness about health benefits of EPA and DHA and rising incidences of lifestyle diseases are fueling for EPA And DHA Market Demand supplements globally. North America dominates the EPA and DHA market due to increasing adoption of nutraceutical products and presence of major players in the region.
Market Key Trends
Rising Focus on Preventive Healthcare and Nutraceuticals is one of the major trends being witnessed in the EPA and DHA market. There is growing focus on preventive healthcare and well-being globally. Consumers are increasingly adopting nutraceuticals and dietary supplements containing EPA and DHA due to their growing awareness about various health benefits. This growing consumer preference for preventive healthcare through nutrition is anticipated to drive the demand for EPA and DHA supplements in the coming years.
Porter’s Analysis
Threat of new entrants: The EPA and DHA market requires high initial capital investment in R&D, manufacturing facilities and distribution channels which creates barriers for new players.
Bargaining power of buyers: Large buyers have significant influence on suppliers and prices due to high purchasing volumes whereas individual consumers have low bargaining power.
Bargaining power of suppliers: A small number of suppliers exist for raw materials which gives them some bargaining power over buyers.
Threat of new substitutes: Substitute products exist such as flaxseed oil and hemp seed oil but none can match the health benefits of EPA and DHA thereby limiting threat of substitution.
Competitive rivalry: The market has many players competing on factors like product differentiation, pricing and innovation to gain market share.
Geographical Regions
North America currently holds the largest share of EPA and DHA market valued at US$ 787.7 Mn in 2024 owing to growing health-conscious population and strong demand from food, beverage and pharmaceutical industries in the region. The Asia Pacific region is projected to witness the fastest CAGR growth of 5.8% during the forecast period due to rising disposable incomes, increased health awareness and burgeoning middle class in countries like China and India driving higher consumption of EPA and DHA fortified food & beverages.
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1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
