Over the past few decades there has been substantial growth in awareness about the critical roles that omega-3 fatty acids play in human health and development. The two most prevalent forms of long-chain omega-3 fatty acids found in nature, eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), have been associated with numerous health benefits. These include cardiovascular, neurological, and visual health. Due to the established benefits, demand for EPA and DHA ingredients in functional foods, dietary supplements, infant formula, and clinical nutrition has increased significantly. With growing scientific validation and consumer education, demand for EPA and DHA is expected to continue expanding over the coming years. 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 2030.

Key Takeaways

Key players operating in the Global EPA And DHA Market Size 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. The growing awareness regarding health benefits associated with EPA and DHA consumption is driving the market growth. With increasing income levels and standards of living, demand for high-value premium products containing EPA and DHA is increasing globally.

The increasing demand from developing regions of Asia Pacific and South America is fueling the global expansion of the EPA and DHA market. Rapid urbanization and growth of middle-class population with increased disposable income in developing countries has boosted the demand for products containing EPA and DHA.

Market drivers

The main driver aiding the growth of global EPA and DHA market is growing awareness about associated health benefits. A multitude of clinical research studies over the years have validated the role of EPA and DHA in promoting cardiovascular, brain, eye and neonatal health. Recommendations from health organizations to include EPA and DHA as part of a balanced diet has increased their consumption globally. Rising prevalence of lifestyle diseases and related healthcare expenditures have prioritized nutrition in disease prevention as well. These factors are expected to propel the demand for EPA and DHA over the forecast period.

The current geopolitical situation is impacting the growth of the EPA and DHA market both positively and negatively. Positively, as geopolitical tensions rise, consumers are increasingly aware of the importance of maintaining good health through diet and supplements. The perceived health benefits of omega-3 fatty acids found in EPA and DHA are boosting demand. However, geopolitical instability is also disrupting global supply chains and trade flows, leading to increased production and logistics costs. Rising fuel prices further drive up costs. This is negatively impacting the affordability of EPA and DHA products.

Going forward, companies in this market need to focus on diversifying their sourcing and manufacturing footprints to mitigate geopolitical risks. Having backup suppliers and production facilities in different geographies will help ensure continued operations even during times of geopolitical conflicts or trade disruptions. Companies also need to explore cost control strategies like improving efficiencies, adopting renewable energy sources, and negotiating long term supply contracts to absorb rising costs. Pursuing alliances with local players in diverse markets can further ease geopolitical pressures. Adopting such strategies of diversification and risk mitigation will help make the EPA and DHA market more resilient to future geo-economic uncertainties.

North America currently accounts for the largest share of the global EPA and DHA market in terms of value. This is attributable to rising health awareness, growing vegan and vegetarian population, presence of major players, developments in omega-3 fortified food and beverage sector, and stable regulatory environment supporting market growth. The Asia Pacific region excluding Japan represents the fastest growing regional market for EPA and DHA. Factors like growing middle class, increasing discretionary spends on health and wellness, growth in feed industry, and supportive regulatory frameworks are fueling high demand growth rates in the region.

The current geopolitical situation is impacting the growth of the EPA and DHA market both positively and negatively. Positively, as geopolitical tensions rise, consumers are increasingly aware of the importance of maintaining good health through diet and supplements. The perceived health benefits of omega-3 fatty acids found in EPA and DHA are boosting demand. However, geopolitical instability is also disrupting global supply chains and trade flows, leading to increased production and logistics costs. Rising fuel prices further drive up costs. This is negatively impacting the affordability of EPA and DHA products.

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