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The growing preference for plant-based and sustainable sources of nutrition is a major trend in the DHA algae oil industry. Consumers are increasingly seeking alternatives to traditional fish oil supplements owing to concerns about overfishing and environmental sustainability. According to an article published by the food institute, nearly 40% of consumers are now purchasing plant-based foods. 64% claimed that they make their purchases within the vegan category several times a month and 57% of respondents said they plan to consume plant-based alternatives throughout their lives.
Algae-derived DHA, being a renewable and environmentally friendly source, is therefore gaining popularity among health-conscious consumers seeking omega-3 supplementation without the ecological concerns associated with fish-based options. Additionally, the nutrient is finding its way into various products such as infant formula, functional foods, and even pet nutrition. The versatility of DHA algae oil and its potential to cater to a diverse range of consumer needs is driving innovation. The ongoing research highlighting the benefits of DHA, particularly for cognitive health, along with product development & launches will shape the industry outlook in the coming years.
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.
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.
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.
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.