Eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) are considered critical for human health. The omega-3 fatty acids EPA and DHA are mainly derived from fish and fish oil. They are highly recommended for health conditions such as cardiovascular diseases, high blood pressure, high triglycerides levels, cognitive decline, other neurological disorders, as well as dry eye disease. In recent times demand for EPA and DHA ingredients has increased notably for use in infant formulas, functional food and beverages, pharmaceuticals, and dietary supplements.

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, as highlighted in a new report published by Coherent Market Insights.

Market Opportunity:
The opportunity for health supplementation presents significant growth prospects for the EPA and DHA market. Greater awareness about the health benefits of EPA and DHA, especially in reducing risks of cardiovascular diseases and cognitive decline, has boosted consumption of supplements, fortified food, and beverages containing these omega-3 fatty acids. Furthermore, high prevalence of lifestyle diseases, rapid urbanization and changing dietary patterns have augmented the need for dietary supplementation. The market is expected witness strong demand for EPA and DHA ingredients from the supplements segment going forward.

Porter’s Analysis

Threat of new entrants: The threat of new entrants is low due to high capital requirements and technology investments needed to operate at scale. There are also economies of scale in production and strong branded attached to existing players.

Bargaining power of buyers: The bargaining power of buyers is moderate given the availability of substitutes and competition amongst existing players. However, health benefits and uses in infant formula and supplements segments provide some stability in demand.

Bargaining power of suppliers: The bargaining power of suppliers like fish oil suppliers is high given the limited sources of EPA and DHA supply globally and suppliers' ability to influence prices.

Threat of new substitutes: Threat from new substitutes is moderate as EPA and DHA have distinct health benefits compared to other omega-3 sources however microalgae oil is emerging as an alternative source.

Competitive rivalry: The rivalry is high amongst leading players to gain market share and establish brands due to stable demand outlook.

SWOT Analysis

Strengths: Distinguished health benefits of EPA and DHA, well-established uses, and growing consumer awareness.

Weaknesses: Limited sources, price fluctuations based on availability, vegetarian positioning remains a challenge.

Opportunities: Emerging applications in infant nutrition, supplements, pharmaceutical uses represent new market avenues. Growing Asian markets also offer scope.

Threats: New supply sources like microalgae based EPA and DHA, regulations around health claims, and sustainability in sourcing.

Key Takeaways

Global EPA And DHA Market Size is expected to witness steady growth over the forecast period supported by the expanding applications in nutrition and pharmaceutical products. 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 2024-2031.

The Asia Pacific region holds more than 35% share of the overall market currently led by China, Japan and Southeast Asia. Due to rising health awareness, growing middle-class consumers and large population, the Asia Pacific EPA and DHA market is expected to witness the fastest growth rate globally during the forecast period.

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. These players are focused on expanding production capacities, new product development and gaining a larger share of the emerging Asian markets to benefit from higher growth opportunities.

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