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Algal DHA and ARA Market by Forms, Applications, and Regions

Global algal DHA and ARA market was valued at USD 417.3 million in 2019 and is expected to reach USD 1225.5 million by 2026, expanding at a CAGR of around 14.3% during the forecast period, 2020u20132026. Algae are sustainable sources with arachidonic acid (ARA) and docosahexaenoic acid (DHA) being its vegetarian sources.

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Algal DHA and ARA Market by Forms, Applications, and Regions

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  1. Global Algal DHA and ARA Market by Forms, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026 Report By

  2. Global algalDHA and ARA marketwas valued at USD 417.3 million in 2019 and is expected to reach USD 1225.5 million by 2026, expanding at a CAGR of around 14.3% during the forecast period, 2020–2026. Algae are sustainable sources with arachidonic acid (ARA) and docosahexaenoic acid (DHA) being its vegetarian sources. Request for sample@https://dataintelo.com/request-sample/?reportId=2273 DHA and ARA offer various health benefits and are hence gaining a traction in the market. Their consumption helps in reducing aging and improves gastrointestinal, heart, and brain health. The Council for Responsible Nutrition claimed that 68% of the American population consumes dietary supplements.

  3. Market Drivers, Restraints, Opportunities, and Trends: • Surging demand DHA and ARA in food & beverages industry due to increasing health benefits by these products in the industry are propelling the growth of the market. • Increasing awareness among consumers regarding the intake of the products by various government initiatives which promote nutritional programs, is also boosting the growth of the DHA & ARA market. • Increasing awareness about infant nutrition and health has led to create a significant opportunity in the sector in growing economies in the Asia Pacific region. • Rising adoption of dietary supplements and their increasing benefits in weight management and curing chronic diseases, is fueling the growth of the market. • Availability of numerous alternative sources of extraction of ARA and DHA including fish oil, fungi, and dairy products are the major roadblocks in the growth of the market • The high production and maintenance cost of the by-products is also the restraining factor which is hindering the growth of the market

  4. Enquiry Before Buying@https://dataintelo.com/enquiry-before-buying/?reportId=2273 Competitive Landscape: Major companies in the global algal DHA and ARA market include Koninklijke DSM N.V, Cabio Bioengineering (Wuhan) Co Ltd, ADM, DSM, Corbion, Wuhan Alking Bioengineering, Corbion N.V, Lonza Group, Algisys LLC, and Cargill Inc among others. The market is partially fragmented as there are many competitors having cut throat competition and not many dominating competitors. Ask for discount@https://dataintelo.com/ask-for-discount/?reportId=2273

  5. Why Choose Us: • We offer industry-leading critical reports with accurate insights into the future of the market. • Our reports have been evaluated by some industry experts in the market, thus making them beneficial for the company’s to maximize their return on investments. • We provide a comprehensive pictorial representation of the information, strategic recommendations, outcomes of the analytical tools to offer an elaborate landscape, highlighting the key market players. This detailed assessment of the market will help the company increase efficiency. • The demand and supply dynamics offered in the report give a 360 degree view of the market. • Our report helps readers decipher the current and future constraints in the Algal DHA and ARA Market, and help them formulate optimum business strategies to maximize growth in the market.

  6. About DataIntelo: DATAINTELO has set its benchmark in the market research industry by providing syndicated and customized research report to the clients. The database of the company is updated on a daily basis to prompt the clients with the latest trends and in-depth analysis of the industry. Our pool of database contains various industry verticals that include: IT & Telecom, Food Beverage, Automotive, Healthcare, Chemicals and Energy, Consumer foods, Food and beverages, and many more. Each and every report goes through the proper research methodology, validated from the professionals and analysts to ensure the eminent quality reports.

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