Market Trends of Algae Ingredients Industry
This section covers the major market trends shaping the Algae Ingredients Market according to our research experts:
Health Benefits Associated With Omega-3 Consumption
Omega-3 fatty acids, particularly EPA and DHA, are essential in the human diet for proper growth, development, and good health. These are particularly good for heart health, joint and inflammation support, eye health, cognitive function, pregnancy and healthy child development, and immune function, among other benefits. There is an availability of a range of complementary life course strategies to improve cardiovascular health in both children and adults. Such approaches focus on both improving cardiovascular health among those who currently have less than optimal levels, and preserving cardiovascular health among those who currently have ideal levels.
North America Dominates the Global Market
North America region is expected to account for a leading share due to high adoption from the countries such as the United Kingdom and Canada. Rising the cases such as cardio vascular diseases and obesity across the countries are primarily driving growth of the global algae omega-3 ingredients market. The market in Asia Pacific is expected to grow significantly owing to the growing exports and domestic demand for plant-based ingredients. China is one of the largest producers of plant-based ingredients in the region due to the easy availability of raw materials in the country. Also, growth in pharmaceutical, cosmetics, animal feed, and food & beverage industries is likely to propel the demand for algae protein from developing economies such as China, India, Indonesia, Malaysia, and South Korea over the next few years.
