The global animal feed Docosahexaenoic Acid & Eicosapentaenoic Acid market is projected to grow at a significant CAGR over the forecast period. The increase in demand for DHA & EPA in animal feed is attributed to growing awareness regarding animal health among breeders coupled with increasing demand for quality animal feed products.
The inclusion of DHA & EPA in animal feed provides a number of health benefits including better skin texture, improved fertility conditions, enhanced growth rate, and increased omega-3 content of meat and eggs among others. Also, it helps in reducing inflammation, hence reducing the intensity of allergies from flea bites, through various sources.
Favorable regulations by several animal health organizations with regards to setting limits on the minimum amount of omega-3 required in food supplements are likely to have a positive influence on the overall market.
Animal Feed Docosahexaenoic Acid & Eicosapentaenoic Acid Market: Type Insights
Based on the type, the market is segmented into Animal Feed Docosahexaenoic Acid and Animal Feed Eicosapentaenoic Acid. The emergence of new technologies coupled with constant upgradations in the formulations of finished products based on the feed type preferences and changing regulatory trends are anticipated to stimulate the demand for DHA & EPA over the coming years.
Animal Feed Docosahexaenoic Acid & Eicosapentaenoic Acid Market: Application Insights
The global animal feed DHA & EPA market is classified into livestock feed and young animal feed among others. DHA and EPA are considered as basic supplements which are usually not produced by animals in required quantity. The growing demand for DHA & EPA in animal food due to increasing animal health concerns is expected to propel the inclusion of these nutrients in livestock and young animal feed.
Animal Feed Docosahexaenoic Acid & Eicosapentaenoic Acid Market: Regional Insights
The Asia-Pacific region is anticipated to grow at the highest CAGR, wherein China is projected to be the market leader. Rapid urbanization along with increased demand for meat and meat export opportunities are major factors motivating the growth of the animal DHA and EPA market. Asia-Pacific is projected to record the highest share in terms of consumption of omega-3 products in animal feed. The rising spending capacity of consumers along with growing health concerns are the major factors driving demand. North America accounted for the highest consumption of omega 3 in 2016 due to increased awareness in countries such as the U.S. and Canada.
Animal Feed Docosahexaenoic Acid & Eicosapentaenoic Acid Market: End-Use Landscape
The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase Animal Feed Docosahexaenoic Acid and Eicosapentaenoic Acid over the coming years. Some leading consumers of this market are Cargill, CP Group, and New Hope Group among others.
Animal Feed Docosahexaenoic Acid & Eicosapentaenoic Acid Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Animal Feed Docosahexaenoic Acid & Eicosapentaenoic Acid Market Share & Competitor Analysis
The manufacturers are constantly investing in advanced R&D activities and technical advancements to provide superior products. Some of the players operating in the global animal feed DHA and EPA market include Bioprocess Algae, TASA Omega, Chemport, Clover, Croda, GC Reiber, Golden Omega, DSM, Alltech, Roquette, Aker BioMarine, Neptune Biotech, Organic Technologies, Orkla Health, and Omega Protein Corporation.
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