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Infant Formula DHA Algae Oil Market Size
The global infant formula DHA algae oil market size was valued at USD 367.2 million in 2024 and is estimated to grow at a CAGR of over 7% from 2025 to 2034. The increasing awareness of the health benefits associated with DHA, a crucial omega-3 fatty acid, has attracted consumer interest in products enriched with this nutrient including DHA-fortified dietary supplements, infant formula, and functional foods owing to their preference for healthy dietary choices.
According to a survey report by McKinsey & Company in 2022, 70% of the respondents across various developed markets (USA, UK, France & Germany) have the urge to become healthier and about 50% of respondents across varied age groups, claim that healthy eating is a top priority for them.
How big is the infant formula DHA algae oil market?
The market size of infant formula DHA algae oil reached USD 367.2 million in 2024 and is set to grow at a 7% CAGR from 2025 to 2034, driven by increasing consumer awareness of DHAs health benefits.
Why is the 40%-50% DHA content segment growing rapidly?
The 40%-50% DHA content segment generated USD 122.5 million in 2024 and is the fastest-growing segment due to rising parental demand for premium, highly nutritious infant formulas that support early brain and vision development.
How much is the U.S. infant formula DHA algae oil industry worth?
The U.S. market was valued at USD 22.3 million in 2024, supported by stringent regulatory guidelines, increased parental awareness of DHAs benefits, and high disposable income levels.
Who are the major players in the infant formula DHA algae oil market?
The key players in the industry include Algarithm, Cellana, Far East Microalgae, Goerlich Pharma, Guangdong Runke Bio-Engineering, Henry Lamotte OILS, Hubei Fuxing Biotechnology, JC Biotech, Kingdomway Nutrition, Lonza, Meteoric Biopharmaceutical, Nordic Naturals, Polaris, Qingdao Keyuan Marine Biochemistry, and Xiamen Huison Biotech.