DUBLIN, Jan. 8, 2018 /PRNewswire/ --
The "Global Animal Feed Docosahexaenoic Acid (DHA) and Eicosapentaenoic Acid (EPA) Market - Forecast to 2021" report has been added to Research and Markets' offering.
The global animal feed DHA+EPA market is forecast to witness robust growth and is expected to reach $86.8 million in 2021, registering a compounded growth rate of 4.5% during the forecast period.
An increase in the number of reported health benefits backed by scientific findings is expected to drive the omega-3 adoption rate in the animal feed industry. Several governments from around the world have published dietary recommendations about the intake of omega-3 fortified foods to curb the rising cost of medical care.
The importance of omega-3 is also emphasized by animal health organizations such as the Association of American Feed Control Officials (AAFCO), which enforces regulations for manufacturers to indicate the required allowances of omega-3 in food supplements. This is expected to have a positive influence on the animal feed market.
Asia-Pacific is an emerging market in terms of the consumption of omega-3 products in animal feed. The expanding health-conscious population and the rising disposable income are the major factors driving demand. Furthermore, due to increased awareness in countries such as the United States and Canada, North America prevails as the largest contributor in terms of consumption of omega 3 (DHA+EPA). Besides India and China, countries such as Malaysia, Indonesia, and Singapore in Southeast Asia are constantly innovating products to cater to regional demand.
For instance, companies in Malaysia offer Halal products, thereby promoting their products to Southeast Asian countries, which is a distinct factor that other nations lack. However, increasing concerns about the safety and sustainability of fish omega-3 ingredient sources is expected to restrain overall market growth. Furthermore, rising ocean temperature is anticipated to limit the availability of global marine life; this will also be a challenge for the growth of the DHA+EPA ingredient market. In addition, the DHA+EPA market is relatively fragmented at the global level.
However, with increasing demand, competitive pricing, and proven efficacy of products, the top 3 competitor's market share will increasingly consolidate market leadership. Furthermore, manufacturers are constantly investing in R&D and innovative technologies that provide superior capabilities such as quality, purity, and high concentrates, besides catering to multiple end applications.
Some of the leading producers in the segment include companies such as DSM, Alltech and Roquette, among others.
Key Questions Answered:
- What is the total size of the animal feed DHA+EPA market in revenue?
- What are the Mega Trends affecting the animal feed DHA+EPA market?
- What are the forecasts for the animal feed DHA+EPA market by 2022?
Key Topics Covered:
1. EXECUTIVE SUMMARY
- Key Findings
- Market Engineering Measurements
- CEO's Perspective
2. MARKET OVERVIEW
- Research Scope
- Research Aims and Objectives
- Research Methodology
- Market Definitions
- Key Questions this Study will Answer
- Market Segmentation by Product Type
- Sources of DHA and EPA in Animal Feed
- Fish Oil-based Omega-3 Ingredients Production Process
- Market Revenue Overview
- Segmentation by Region
- Value Chain Analysis
3. PORTER'S FIVE FORCES
4. REGULATIONS
- Global Regulatory Status of DHA+EPA in Animal Feed
5. DRIVERS AND RESTRAINTS - TOTAL ANIMAL FEED DHA+EPA MARKET
6. FORECASTS AND TRENDS - TOTAL ANIMAL FEED DHA+EPA MARKET
- Market Engineering Measurements
- Revenue Forecast
- Revenue Discussion
- Revenue Forecast by Region
- Revenue Discussion
- Pricing Trend
- Pricing Trends Discussion
7. MARKET SHARE AND COMPETITIVE ANALYSIS - TOTAL ANIMAL FEED DHA+EPA MARKET
- Market Share Analysis
- Competitive Environment
- Competitive Factors and Assessment
- Company Profile - DSM
- Company Profile - Alltech
- Company Profile - Roquette
- Notable Products and Companies
- Companies Investing in DHA and EPA Research and Development
- Significant Product Launches and Mergers and Acquisitions in the Animal Feed DHA+EPA Market
8. GROWTH OPPORTUNITIES AND COMPANIES TO ACTION
- Growth Opportunity - Technological Advancements to Achieve Superior Quality
- Strategic Imperatives for Success and Growth
9. MEGA TRENDS AND INDUSTRY CONVERGENCE IMPLICATIONS
- Mega Trend Impact on the Animal Feed DHA+EPA Market
10. CONCLUSION AND THE 3 BIG PREDICTIONS
- Conclusion
- The Last Word - 3 Big Predictions
- Legal Disclaimer
11. APPENDIX
- Abbreviations and Acronyms Used
- Market Engineering Methodology
Companies Mentioned
- Aker BioMarine
- Alltech
- Bioprocess Algae
- Chemport
- Clover
- Croda
- DSM DHAgold
- GC Reiber Oils
- Golden Omega
- Neptune Biotech
- Omega Protein Corporation
- Organic Technologies
- Orkla Health
- Roquette
- TASA Omega
- Wuxi Xunda Marine Biological
For more information about this report visit https://www.researchandmarkets.com/research/rwtflm/global_86_8?w=5
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