EPA Focused Algae Omega-3 Ingredients Market (2023 - 2030)_Sample Extract (1).pdf

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About This Presentation

The Algae Oil Market size is estimated to reach $2.8 billion by 2028, growing at a CAGR of 4.9% during the forecast period 2023-2028. Algal oil is prepared from certain marine algae. The two most important omega-3 fatty acids found in algal oils are Docosahexaenoic acid (DHA) and eicosapentaenoic ac...


Slide Content

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Page -1
EPA FOCUSED ALGAE OMEGA-3 INGREDIENTSMARKET

Choosing the Right Consulting Partner is Choosing theChoosing the Right Consulting Partner is Choosing the Growth Path
OUR EXPERTISE -END TO END CONSULTING
Energy and Power Life sciences and HealthcareIT & Consulting
ElectronicsChemicals and MaterialsConsumer & Retail
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Page . 2

TABLE OF CONTENTS
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Page . 3
Chapter 02: EPA Focused Algae Omega-3 Ingredients Market Executive Summary
Chapter 03: EPA Focused Algae Omega-3 Ingredients Market Landscape
Chapter 05: EPA Focused Algae Omega-3 Ingredients Market Industry Market Entry Scenario
Chapter 04: EPA Focused Algae Omega-3 Ingredients Market StartupCompanies Scenario
Chapter 06: EPA Focused Algae Omega-3 Ingredients Market Forces
Chapter 01: EPA Focused Algae Omega-3 Ingredients Market Overview
Topics Slide No
Chapter 07: EPA Focused Algae Omega-3 Ingredients Market Strategic Analysis
Chapter 08: EPA Focused Algae Omega-3 Ingredients Market -By Concentration
Chapter 09: EPA Focused Algae Omega-3 Ingredients Market -By Form
Chapter 10: EPA Focused Algae Omega-3 Ingredients Market -By Application
Chapter 11: EPA Focused Algae Omega-3 Ingredients Market -By Geography
Chapter 12: EPA Focused Algae Omega-3 Ingredients Market Entropy
Chapter 13: EPA Focused Algae Omega-3 Ingredients Market Industry Competition Landscape
-004
-017
-023
-030
-035
-061
-070
-078
-082
-085
-095
-122
-124
Chapter 14: EPA Focused Algae Omega-3 Ingredients Market Key Company List By Country-133
Chapter 15: EPA Focused Algae Omega-3 Ingredients Market Company Profiles -137

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EPA FOCUSED ALGAE OMEGA-3 INGREDIENTS
MARKET OVERVIEW
CHAPTER -01

1. MARKET OVERVIEW (1/2)
Market Definition
Scope
❖EPAFocusedAlgaeOmega-3ingredients
areatypeofnutritionalsupplementthat
provideaplant-basedsourceofthe
omega-3fattyacideicosapentaenoicacid
(EPA).Theseingredientsarederivedfrom
algae,whichisatypeofaquaticplantthat
isnaturallyhighinomega-3fattyacids.
❖AlgaeareanaturalsourceofEPAandare
becominganincreasinglypopularsource
ofomega-3sastheyprovideasustainable
andvegetarianalternativetofish-derived
omega-3s.TheEPAFocusedAlgaeOmega-
3ingredientsareproducedbygrowing
algaeincontrolledenvironmentsandthen
extractingtheomega-3susingadvanced
processingtechnologies.
❖Thecurrentscopecoversthemarketfor
EPAFocusedAlgaeOmega-3Ingredients.
❖ThemarketissegmentByConcentration,
ByFoam,ByApplicationandBy
Geography.
EPA Focused Algae Omega-3 Ingredients
Market Revenue, 2022-2030 ($M)
❖EPAFocusedAlgaeOmega-3Ingredientsare
nowavailableinvariousformssuchas
capsules,powders,andoils,makingthem
easiertoincorporateintoahealthydiet.
Therefore,IncreasingavailabilityofEPA
FocusedAlgaeOmega-3Ingredientsinvarious
forms.
❖Risingawarenessofthehealthbenefitsof
omega-3fattyacids,isexpectedtodrivethe
EPAFocusedAlgaeOmega-3Ingredients
Marketgrowth.
❖Thereisagrowingdemandforplant-based
products,includingomega-3supplements,as
consumersbecomemoreconcernedaboutthe
environmentalimpactofanimal-based
productswhichisdrivingthedemandforEPA
FocusedAlgaeOmega-3IngredientsMarket.
❖Newandinnovativeproductdevelopmentsare
boostingthedemandforEPAFocusedAlgae
Omega-3Ingredients.
❖EPAFocusedAlgaeOmega-3
IngredientsMarketisdrivenby
thebelow-mentionedfactors:
❖Growingnumberofvegan
andvegetarianconsumers.
❖Advancementsinalgae
farmingtechnology.
Source: IndustryARC Analysis, Expert Insights
EPA Focused Algae Omega-3 Ingredients Market:
700.4
774.5
879.7
1,022.7
1,201.6
1,404.2
1,626.4
1,858.3
2,102.2
0.0
500.0
1000.0
1500.0
2000.0
2500.0
2022 2023 2024 2025 2026 2027 2028 2029 2030
Revenue ($M)
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RESEARCH METHODOLOGY
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RESEARCH METHODOLOGY (1/9)
Research Methodology Flowchart
Data Validation
Verification Quality Assurance
Data Triangulation
Data Synthesis Data Analysis
Market Scope & Definition
Preliminary Research Data Gathering
PreliminaryResearch
Intheinitialstageofresearch,thescopeofEPAFocusedAlgaeOmega-3IngredientsMarketisdefined.Inthispreliminary
stage,thekeydatapointsinthemarketareidentifiedwhichcanbeusedtoestimatethemarkettothebestextent.The
scopeofthisreportprimarilyfocusesontherevenuegeneratedfromtheservicesprovidedbythemajorplayers.Tobetter
gaugethemarket,thesecondaryfocusisondifferentlayersofEPAFocusedAlgaeOmega-3IngredientsMarket,suchas
servicescateringtodisparatesegmentslikeapplications.
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RESEARCH METHODOLOGY (2/9)
Forthismarket,thevolumeofEPAFocusedAlgaeOmega-3IngredientsMarketaswellasthevaryingpricepointswere
identifiedaskeyinformationalconjecturesformarketestimationin2022.Marketperformanceandtrendingmarket
dynamicsaresomeofthekeyquestionsthatarestudiedduringthisstage.Italsoinvolvesstudyingmarketfactorsand
changingtrendsthatareexpectedtoaffectthemarketinthefuture.
DataGathering
Basedonthescopeofthemarketandthekeydatapoints,severalsecondarysourceshavebeenutilizedfordatagathering.
Thedatagatheringstagecomprisesateamofanalystswhogatherdatabyresearchingsecondaryresearchresources,
accessingproprietarydatabases,andwithprimaryresearchreachingouttokeyindustryparticipantsandopinionleaders
(Sales&MarketingDirectors,Services,Managers,MarketIntelligenceDirectorsaswellasTechnicalExpertsand
Administrators)throughouttheEPAFocusedAlgaeOmega-3Ingredientsecosystemincludingend-useenvironments
formingacrucialaspectofthevaluechain.Thekeysourcesforestimationsremainedtheinvestmentsmadebyend-user
verticalsalongwiththesalesfiguresofservicessuppliersinthemarket.Also,varioustradebodiesandassociationswere
takenintoconsiderationtounderstandthedynamicsofeachindustryverticalandtheirrespectiveinvestmentscenarios.
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RESEARCH METHODOLOGY (3/9)
DataSynthesis
Inthisstage,ateamofanalystsincorporatesthedata
thathasbeengatheredbycorroboratingwithvarious
sources.Thesesourcesincludeindustryparticipants,In-
housemodels,regulatorybodieskeyopinionleadersin
themarketecosystem,anddatabases.Inthisstage,
patternsinhistoricaldataareidentifiedandcompared
withthecurrentscenario.BasedontheMacroandMicro
factorsprevalentinvariousgeographies,variousdata
modelsareusedtoassessthekeycountriesforthe
market.Theanalysisalsoincludestheidentificationof
newcompaniesthathaveenteredthemarketscenario
andtheirimpactonthemarketdynamicsinthefuture.
Thedataregardingendusersisgatheredfromvarious
secondarysources(giventowardstheendofthe
presentation).
Research & Development
EPA Focused Algae Omega-3
Ingredients Manufacturers
Regulatory Bodies/Testing
Authorities
Distributors
End User Segments
Stakeholders
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RESEARCH METHODOLOGY (4/9)
DataAnalysis
Afterthecorroborationofdata,theteamofanalystsmovestowardunderstandinghowthemarkethasevolvedoverthe
years.Theoverallmarketsizeisgatheredafteranalyzingvarioussegmentsandverticalsofthemarket.Animpactanalysisis
alsocarriedouttoseewhichfactorswillaffectthemarketinthenextfewyears.Thesefactorshavebeenresearched
concerningprominenteconomiesacrossdifferentgeographicregionstounderstandtheircorrespondingimpactonthe
market.
Verification
Dataverificationiscarriedoutatallstagesofresearch.Thisstage,however,isdedicatedtoamorethoroughcheckofall
datapoints,whichhavebeenincorporatedandrecheckedagainstvariousdatasources.VariousC-Levelexecutivesandkey
opinionleadersarecontactedforverificationofthedata.ThetotalmarketforEPAFocusedAlgaeOmega-3Ingredients
Marketisverifiedthroughthecapitalexpenditureofvariousindustryverticals.Themarketisalsoestimatedforvariouskey
playersineachoftheservicecategories,offeringanotherwayofcross-validatingthedata.Thedataisthensummarizedand
thekeyfindingsaredisseminated.
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RESEARCH METHODOLOGY (5/9)
ForecastMethodology
Further,timeseriesforecastingmethodologyisappliedbasedonthevariousfactorssuchastheservicereplacement,
propensitytobuyaservice,suppliersanddistributionmarginsalongwiththetradedynamicsoftheleadingcountries
acrosstheregion.AverageweightedASPsarealsoconsideredwhileestimatingthemarketvalueinthereport.The
estimatesarefurtherrevalidatedwiththesuppliersandServicesoperatinginthemarket.However,somemacroeconomic
factorslikeinflationarenotconsidered.Forecastingmodelisaniterativetoolandisbackedwithhistoricaltrendsofthe
marketalongwitharegressivemathematicalmodelwhichassessesthevaluebasedonfactorssuchascapitalexpenditure,
services,R&Dinvestmentsandsoon.
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EPA Focused Algae
Omega-3 Ingredients
Market
Description
Historic and Forecast
Value
•Nominalvalues(i.e.valuesarenotadjustedw.r.tinflation)areconsideredinthe
marketestimation
•Thebaseyearis2022.Theforecastperiodisbetween2023and2030.
Pricing
AverageweightedsellingpricesoftheEPAFocusedAlgaeOmega-3IngredientsMarket
withrespecttotheirdiversifiedapplicationareconsideredwhilearrivingonthemarket
intermsofvolume.
Exchange Rate
AverageyearUSDexchangeisconsideredfortheestimationofhistoricvaluesand
averagefiveyearsexchangerateisconsideredforforecastvalues.
RESEARCH METHODOLOGY (6/9)
Assumptions & Research Methodology for EPA Focused Algae Omega-3 Ingredients Market
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RESEARCH METHODOLOGY (7/9)
Assumptions & Research Methodology for EPA Focused Algae
Omega-3 Ingredients Market
S.NO SECONDARYSOURCES
1 Food and Drug Administration (FDA)
2 European Food Safety Authority (EFSA)
3 United States Department of Agriculture (USDA)
4 National Institutes of Health (NIH)
5 European Medicines Agency (EMA)
6 Environmental Protection Agency (EPA)
7 National Oceanic and Atmospheric Administration (NOAA)
8 Ministry of Food and Drug Safety (MFDS)
9 Health Canada
10 International Fish Oil and Omega Protein Manufacturers Association (IFOAM)
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RESEARCH METHODOLOGY (8/9)
Primary Sources: EPA Focused Algae Omega-3 Ingredients Market
S.No Designation Company/Organizations
1 Business Development Manager Archer Daniels Midland Company
2 Sales Manager Koninklijke DSM N.V.
3 InternationalSales Director Corbion N.V.
4 Service Marketing Executive Neptune Wellness Solutions
5 Sales Manager Source Omega LLC
6 Country Head POLARIS
7 Director BASF SE
8 R&D andBusiness Development Manager Novotech Nutraceuticals Inc.
9 Sales Manager Nordic Naturals Inc.
10 Marketing Executive KD pharma
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1. Scope Definition:
Defining scope of the
Report:
Analyzing its
concentration, form,
application and
Geographic penetration
2. Secondary Research:
Based on the scope and
segmentation, secondary
research is done using
public, private and
subscribed sources
3. Primary Research: Reach
out to all the stake holders
involved in ecosystem:
Industry Experts insights
taken to gauge and validate
key data points
4. Data Interpretation &
Assessment
Based on the macro and
micro factors prevalent in
various geographies,
proprietary data models are
used to assess the key
countries for the market
5. Data Triangulation &
Validation
After data compilation, it is
validated with various key
opinion leaders and C-level
Executives globally
6. Data Presentation
Data Analysis,
Summarization, Key
Finding & Reporting is
done for efficient
dissemination of
information
Market Assessment
HeXa-Grid Paradigm:
Competitive
Landscape
RESEARCH METHODOLOGY (9/9)
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EPA FOCUSED ALGAE OMEGA-3 INGREDIENTS MARKET
EXECUTIVE SUMMARY
CHAPTER -02

2.1 MARKET SIZE AND KEY TRENDS
EPA Focused Omega-3 Ingredients Market Revenue
Share, 2022-2030 ($M)
Keytrends:
❖ThegrowingdemandforEPAFocusedOmega-3asanessentialelementforgoodhealthandtheirnumeroushealth
benefits,includingreducinginflammationandpromotingcardiovascularhealthisdrivingmarketgrowth.
❖EPA-focusedOmega-3ingredientsarebeingincreasinglyusedinthepharmaceuticalandnutraceuticalindustryfor
developingproductstargetingvarioushealthconditionssuchasheartdisease,diabetes,cognitivedecline,andjoint
health.
❖Withconcernsaroundoverfishinganddepletionofmarineresources,thereisagrowingdemandforsustainableand
eco-friendlysourcesofEPA-focusedOmega-3ingredients.Thishasledtothedevelopmentofalternativesourcessuch
asmicroalgaeandgeneticallymodifiedcrops.
700.4
774.5
879.7
1,022.7
1,201.6
1,404.2
1,626.4
1,858.3
2,102.2
0.0
500.0
1000.0
1500.0
2000.0
2500.0
2022 2023 2024 2025 2026 2027 2028 2029 2030
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2.2 KEY TRENDS BY CONCENTRATION
EPA Focused Omega-3 Ingredients Market
Revenue Share, By End User, 2030 (%)
Keyinsights:
❖ByConcentration,thehighConcentrationdominatedtheConcentrationSegmentinEPAFocusedOmega-3Ingredients
Marketwithashareof42%in2022andisexpectedtowitnessthefastestgrowthataCAGRof16.3%duringthe
forecastperiod2023-2030.
❖ThehighconcentrationEPA-focusedOmega-3ingredientsarecommonlyusedintheproductionofdietarysupplements
andnutraceuticals.Theseproductsarepopularamongconsumerslookingtoimprovetheirheart,brain,andeyehealth.
❖InFood&Beverageindustry,highconcentrationEPA-focusedOmega-3ingredientsarealsousedinfunctionalfoodsand
beverages,suchasfortifiedbeverages,nutritionbars,andyogurts.
❖InPharmaceuticalindustry,highconcentrationEPA-focusedOmega-3ingredientsarebeingresearchedanddeveloped
foruseinthepharmaceuticalindustry.Theseingredientshavebeenlinkedtovarioushealthbenefits,suchasreducing
inflammation,improvingcardiovascularhealth,andmanagingsymptomsofdepressionandanxiety.
EPA Focused Omega-3 Ingredients Market
Revenue Share, By End User, 2022 (%)
EPA Focused Omega-3 Ingredients Market
Revenue CAGR, By End User, By CAGR 2023-
2030 (%)
42%
38%
20%
High
Concentration
Medium
Concentration
Low
Concentration
45%
36%
18%
High
Concentration
Medium
Concentration
Low
Concentration
16.3%
14.8%
14.1%
13.0%14.0%15.0%16.0%17.0%
High Concentration
Medium
Concentration
Low Concentration
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EPA FOCUSED ALGAE OMEGA-3 INGREDIENTS
MARKET FORCES
CHAPTER -06

6.1. DRIVERS -IMPACT ANALYSIS (1/4)
EPA Focused Algae Omega-3 Ingredients Market -Drivers
Source: IndustryARC Analysis & Expert Insights
Drivers
Short Term
(2022-2024)
Medium Term
(2025-2027)
Long Term
(2028-2030)
Increase in the demand for EPA in Infant Formulas is propelling the
growth of the market.
Rising focus on supply chain traceability in the food and beverage
sector is Enhancing the market growth.
Rising preference for natural & non-GMO food is driving the market.
Low High
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6.1. DRIVERS -IMPACT ANALYSIS (2/4)
IncreaseinthedemandforEPAinInfantFormulasispropellingthegrowthofthemarket.
❖ConsumersarebecomingmoreawareofthepotentialhealthbenefitsofEPAforinfants,includingitsroleincognitive
development,vision,andoverallhealth.ThisawarenessisdrivingdemandforinfantformulasthatcontainEPA.
❖Asmoreconsumersseekoutplant-basedandsustainablealternativestotraditionalanimal-basedingredients,EPA-
focusedalgaeomega-3ingredientshavebecomemorepopular.Theseingredientsarederivedfrommicroalgaethat
havebeenspecificallyengineeredtoproducehighlevelsofEPA.
❖Companiesareinvestingmoreinresearchanddevelopmenttoproducehigh-quality,cost-effectiveEPA-focusedalgae
omega-3ingredientsthatcanbeusedinavarietyofproducts,includinginfantformulas.
❖Thedemandforinfantformulaisexpectedtocontinuetogrowowingtoincreasingpopulationgrowth,risingdisposable
incomes,andchangingdietarypatterns.AccordingtotheUSDAEconomicResearchService(ERS)reportsin2019,total
U.S.retailsalesofinfantformulawere$5.5billion.
❖TheFDAalsoprovidesguidanceontheuseofomega-3fattyacids,suchasEPAandDHA,ininfantformula.Accordingto
theFDA,thesefattyacidsmaybeaddedtoinfantformulaatlevelsconsistentwiththerecommendationsofthe
InstituteofMedicine.
❖Traditionalanimal-basedsourcesofEPA,suchasfishoil,canhavecontaminantsandotherenvironmentalpollutants,
whichcanbeharmfultohumanhealth.Thishasledsomeconsumerstoseekoutplant-basedsourcesofEPA,suchas
EPA-focusedalgaeomega-3ingredients.
❖AdvancesintechnologyandprocessingmethodshaveresultedinimprovedtasteandtextureofEPA-focusedalgae
omega-3ingredients,makingthemmoreappealingtoconsumers.
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EPA FOCUSED ALGAE OMEGA-3 INGREDIENTS MARKET
STRATEGIC ANALYSIS
CHAPTER -07

7.1. VALUE CHAIN ANALYSIS (1/2)
EPA Focused Algae Omega-3 Ingredients Market Value Chain Analysis
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Page . 23
End Users
Algae
cultivation
Algae processing
Purification Refinement Supplier/Distributor
Source: IndustryARC Analysis, Expert Insights
Product
development

7.1. VALUE CHAIN ANALYSIS (2/2)
❖Thefirststepinthevaluechainisthecultivationofthealgae.Thisinvolvesselectingtheappropriatespeciesofalgae,
providingtherightgrowingconditions,andharvestingthealgaeattheappropriatetime.
❖Theomega-3fattyacids,includingEPA,areextractedfromtheharvestedalgaebyprocessing.Enzymatichydrolysis,
solventextraction,supercriticalCO2extraction,andotherchemicalandmechanicaltechniquesmaybeusedinthis
procedure.
❖Afterextraction,theEPAisprocessedtogetridofanycontaminantsandconcentratetheamountofomega-3fatty
acids.Moleculardistillation,chromatography,orothertechniquesareusedtoaccomplishit.
❖Afterbeingpurified,theEPAisrefinedintoaformthatcanbeusedinavarietyofways.Encapsulation,emulsification,
orothertechniquesmaybeusedforpurpose.
❖Followingrefinement,theEPAisemployedinavarietyofproducts,includingmedications,functionalfoods,and
nutritionalsupplements.Inthisphase,newproductsandformulationsarecreatedtosatisfythedemandsofvarious
marketsandclients.
❖Themarketinganddistributionofthegoodsarethelaststepsinthevaluechain.Directsalesorthroughdistributors
aremajordistributionchannelscompaniesadoptfordistributionortheirproducts.
❖Thedemandfornaturalandplant-basedingredientsinthepharmaceutical,functionalfood,andnutraceuticalsectorsis
fuelingarapidexpansionofthemarketforalgaeomega-3compoundswithanemphasisonEPA.Asaresult,businesses
thatarepartofthevaluechaincontinuallyspendmoneyonR&Dtoincreasetheproductivityandsustainabilityofthe
manufacturingprocessaswellastocreatenewusesfortheseingredients.
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EPA FOCUSED ALGAE OMEGA-3 INGREDIENTS MARKET
-BY APPLICATION
CHAPTER -10

10.1. INFANT FORMULA
Infant Formula: EPA Focused Algae Omega-3
Ingredients Market Revenue, 2022-2030 ($M)
Source: IndustryARC Analysis, Expert Insights
❖ThemarketforalgalOmega-3ingredientshasbeendiscoveredtogrowasa
resultoftheextensiveusageofEPAincombinationforcreatingfunctional
foodsandbeveragesandsolutionsforbabynutrition.Thesubstantialbodyof
researchdemonstratingEPA'scontributiontonewborns'cognitiveandvisual
developmenthasincreaseddemandforinfantformulaworldwide.
❖Forinstance,anabundanceofrecentstudiesandclinicaltrialshaveamply
provedthatinadequateEPAandDHAlevelsareasignificantriskfactorfor
prematurebirth.Additionally,ithasbeenobservedthatEPAisbeingfortified
intoagrowingnumberoffoods,includingmilk,yoghurt,margarine,bread,
andchocolates.Fortifiedfoodsareexpectedtomoreeffectivelymeetthe
body'smetabolicneedsthandietarysupplementswhenitcomesto
supplyingOmega-3fattyacidsinthediet.
❖Thealgaeomega-3applicationisgrowingatafasterratethantheinfantfood
fortificationasitprovidesthesamebenefitasthatofthefishoilbutwithno
tasteodor.Also,theincreasedconsumptionofomega-3supplementsis
responsibleformarketgrowth.Globally,algaeomega-3ingredientsare
gainingprominenceandbecomingapartoftheconsumer’sdailydiet.
❖InfantFormulasegmentofEPAFocusedAlgaeOmega-3IngredientsMarket
generatedarevenueof$55.5millionin2022andisprojectedtoreacha
revenueof$201.9millionby2030growingataCAGRof18.0%during2023-
2030.
55.5
63.4
74.2
88.7
106.8
127.6
150.8
175.5
201.9
0.0
50.0
100.0
150.0
200.0
250.0
202220232024202520262027202820292030
Revenue ($M)
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10.2. FOOD AND BEVERAGE
Food and Beverage: EPA Focused Algae
Omega-3 Ingredients Market Revenue,
2022-2030 ($M)
Source: IndustryARC Analysis, Expert Insights
❖ThemarketforEPAalgalomega-3ingredientsisbeingdrivenbytheneedfor
EPA(eicosapentaenoicacid)infunctionalfoodsandbeverages.Fishand
seafoodfrequentlyincludeEPA,anomega-3fattyacidthatiscrucialforbrain
growthandgeneralwellness.However,therehasbeenanincreaseininterestin
alternatesourcesofEPA,suchasalgae,asaresultofworriesaboutoverfishing
andtoxinsinfish.
❖ApplicationsofEPAfocusedalgaeomega-3ingredientsinfoodandbeverages
includetheadditionoftheseingredientstoarangeofgoods,includingdairy
products,energybars,smoothies,andjuices.Theseingredientsmaycontribute
totheproducts'increasednutritionalvalueandprovideconsumerswitha
practicalmeansofgettingtheirdailyrecommendedamountofomega-3s.
❖Customerslookingforplant-basedsubstitutesforconventionalfishoil
supplementsarealsodrawntoingredientswithomega-3sderivedfromalgae.
Fishoilsupplements,whichmaybetaintedwithheavymetalsandother
contaminants,canbesubstitutedwithsustainableandenvironmentallyfriendly
omega-3supplementsmadefromalgae.
❖FoodandBeveragesegmentofEPAFocusedAlgaeOmega-3IngredientsMarket
generatedarevenueof$103.8millionin2022andisprojectedtoreacha
revenueof$306.0millionby2030growingataCAGRof15.1%during2023-
2030.
103.8
114.5
129.8
150.6
176.5
205.8
237.8
271.1
306.0
0.0
50.0
100.0
150.0
200.0
250.0
300.0
350.0
Revenue ($M)
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EPA FOCUSED ALGAE OMEGA-3 INGREDIENTS MARKET
-BY GEOGRAPHY
CHAPTER -11
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11.5. ROW
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11.5.1. MIDDLE EAST (1/2)
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Source: IndustryARC Analysis, Expert Insights
❖TheMiddleEastistheperfectplacetogrowalgaematerialswithgood
temperatureandaccessibilitytoawealthofwaterresources.Several
nationsintheregion,includingOman,SaudiArabia,andtheUnitedArab
Emirates,havemadeinvestmentsinR&Dtoenhancethecultivation,
extraction,andmanufacturingproceduresofomega-3ingredientsderived
fromalgae.Thishasmadealgaefarmingmoresuccessfulandscalable,
increasingitscost-effectivenessandsustainabilityasanomega-3fattyacid
source.
❖ThedemandforEPA-focusedalgalomega-3ingredientshasincreased,but
therehasalsobeenariseintheusageofalgaeinothersectors,including
foodandbeverage,cosmetics,andnutraceuticals,intheMiddleEast.The
demandforalgae-basedproductshasgrownasaresultofthevastrangeof
healthadvantagestheyhavebeenshowntooffer,includingtheabilityto
reduceinflammation,supporthearthealth,andpromoteskinhealth.
❖Thegrowingdemandforplant-basedsupplementsandthepotentialhealth
benefitsofEPA,aswellastheregion'seffortsinresearchanddevelopment,
partnerships,andcollaborations,aredrivingtheexpansionofEPA-focused
algaeomega-3ingredientsintheMiddleEast.
❖MiddleEastEPAFocusedAlgaeOmega-3IngredientsMarketgenerateda
revenueof$17.7min2022andisprojectedtoreacharevenueof$45.1mby
2030growingataCAGRof13.0%during2023-2030.
Middle East: EPA Focused Algae Omega-3
Ingredients Market Revenue, 2022 -2030 ($M)
17.7
19.2
21.3
24.3
28.0
32.0
36.4
40.7
45.1
0.0
5.0
10.0
15.0
20.0
25.0
30.0
35.0
40.0
45.0
50.0
202220232024202520262027202820292030
Revenue ($M)

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Page . 31
EPA FOCUSED ALGAE OMEGA-3 INGREDIENTS MARKET
COMPANY PROFILES
CHAPTER -15

15.1 ARCHER DANIELS MIDLAND COMPANY (1/3)
Source: Company Website
Archer Daniels Midland Company: Product Portfolio
Product Type Description
Almega™EPA
blends
Thisblendcontainsomega-3,6and9,whichofferbenefits
thatcanhelpsupportcognitive,heart,immunesystemor
eyehealth.Thenewproductsarerenewablysourcedinthe
U.S.,andaresuitablesupplementapplications.Theyjoin
ADM’salreadyextensivelineofnutritionaloilsand
powders.
Business Overview
Web . www.industryarc.comMail –[email protected]|
Page . 32
Archer Daniels Midland
Company
Description
Establishing Year 1902
Headquarters U.S.
No. of Employees
(2022)
38,332
Revenue (2022) $101,556 Million
Address:77 West Wacker Drive, Chicago,
Illinois
Tel: 020 7936 6400
Website: www.adm.com

Source: Company Annual Reports
15.1 ARCHER DANIELS MIDLAND COMPANY (2/3)
Web . www.industryarc.comMail –[email protected]|
Page . 33
Archer Daniels Midland Company, Revenue, By Segment, 2022
(%)
Archer Daniels Midland Company, Revenue, By Geography, 2022 (%)
78%
14%
8%
0%
Ag Services and Oilseeds
Carbohydrate Solutions
Nutrition
Other
43%
21%
6%
4%
4%
2%
2%
18%
U.S.
Switzerland
Cayman Islands
Brazil
Mexico
Canada
UK
Other
Financials:
Archer Daniels Midland Company, Revenue, 2020-22 ($M)
64355
85249
101556
0
20000
40000
60000
80000
100000
120000
2020 2021 2022
Revenue ($M)

Source: Company Annual Reports
15.1 ARCHER DANIELS MIDLAND COMPANY (3/3)
Web . www.industryarc.comMail –[email protected]|
Page . 34
Developments:
Date Approach Description
November 8, 2018Product Launch
ArcherDanielsMidlandCompanyannouncedtheadditionofOnavita™algalDHApowder
toitslineofomega-3productsolutions.Thenewomega-3powderispartofADM’s
expandingportfolioofhealthandwellnessingredients,suchasprobiotics,vitamins,
botanicalextracts,nutritionaloilsandmore—alldesignedtogivedevelopersthe
ingredientstheyneedtogettomarketfasterwithproductsconsumersareseeking.
August 15, 2018Acquisition
ArcherDanielsMidlandCompanyannouncedthatithassuccessfullycompletedits
acquisitionofProbioticsInternationalLimited--knownunderitsumbrellabrandProtexin--
aUK-basedmanufacturerofinnovativeresearch-based,naturalhealthcareandprobiotic
supplementsforhuman,petandproduction-animaluse.
June 25, 2019Collaboration
ArcherDanielsMidlandCompanyunveiledanewlineofOnavita™AlgalDHAand
Almega™EPAblendsavailableviaacollaborationwithQualitasHealth,aleaderinalgae
cultivation.ADMisofferingthreedifferentEPA/DHAblendscontainingomega-3,6and9,
whichofferbenefitsthatcanhelpsupportcognitive,heart,immunesystemoreye
health.ThenewproductsarerenewablysourcedintheU.S.,andaresuitablesupplement
applications.

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Page -35
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