DUBLIN, January 11, 2022– (BUSINESS WIRE) – The report “Nannochloropsis Derived Lipids Market By Application (Human Nutrition (Health Supplements & Nutraceuticals, Pharmaceuticals, Other Human Nutritional Applications), Animal Nutrition & Other Applications) – Global Forecast to 2028 “has been added to ResearchAndMarkets.com offer.

The Nannochloropsis Derived Lipids (Fatty Acids) Market is expected to register a CAGR of 8.5% from 2021 to 2028 to reach $ 4.2 million by 2028.

Factors such as the growing awareness of the health benefits of omega-3 polyunsaturated fatty acids (PUFAs), the growing demand for functional food products, and the growing prevalence of diabetes and obesity are the main drivers at the origin of the growth of lipids derived from Nannochloropsis (fatty acids) market.

Additionally, the growing demand for algae oil-based biofuel and the growing demand for omega-3s from the pharmaceutical industry is creating lucrative growth opportunities for manufacturers of lipids (fatty acids) derived from Nannochloropsis. However, the complex production process of Nannochloropsis-derived lipids (fatty acids) is hampering the market growth to some extent.

The global Nannochloropsis market study presents historical market data in terms of values ​​(2019 and 2020), estimated current data (2021) and forecast for 2028- by application (human nutrition (health supplements and nutraceuticals, pharmaceuticals). , other human nutritional applications), animal nutrition and other applications). The study also assesses the industry’s competitors and analyzes regional and country markets.

Based on the applications, the Nannochloropsis Derived Lipids (Fatty Acids) market is primarily segmented into Human Nutrition, Animal Nutrition, and other applications. In 2021, the human nutrition segment is estimated to account for the largest share of the global Nannochloropsis-derived lipids (fatty acids) market due to the increasing demand for seaweed oil from nutraceuticals and infant dietary supplements. and F&B industries.

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Moreover, the increasing consumption of packaged infant nutrition products due to a growing labor force is also expected to drive the growth of the market for Nannochloropsis Derived Lipids (Fatty Acids) for Human Nutrition as omega-3 algae DHA plays a major role. important role in the development of the nervous system, vision, brain and overall growth of an infant. The growing demand for immunity boosting products is expected to create lucrative opportunities for stakeholders in the Nannochloropsis Derived Lipids (Fatty Acids) for Human Nutrition market.

Based on type (human nutrition related applications), the Nannochloropsis Derived Lipids (Fatty Acids) market is primarily segmented into health supplements and nutraceuticals, pharmaceuticals, and other human nutrition applications. In 2021, the health supplements and nutraceuticals segment is expected to account for the largest share of the global Nannochloropsis-derived lipids (fatty acids) market for human nutrition, owing to the growth of the health supplements and nutraceutical industry. and the increasing use of seaweed oil instead of fish. oil in health supplements and the nutraceutical industry.

Europe is estimated to account for the largest share of the global Nannochloropsis-derived lipids (fatty acids) market in 2021, followed by North America and Asia-Pacific, due to the huge consumption of the products. health and wellness and the increasing prevalence of heart disease.

In addition, the easy availability of raw materials due to the presence of key suppliers of Nannochloropsis biomass for lipid extraction further drives the growth of this market in the region. Additionally, the growing nutraceutical and dietary supplement industry and the growing popularity of omega-3 fortified / functional foods and beverages among the aging population are expected to create lucrative opportunities for stakeholders in the Nannochloropsis-Derived Lipids (Fatty Acids) market. ) In the region.

Key questions addressed in the report

• What are the high growth market segments in terms of application and region / country?

• What was the historical size of the Nannochloropsis Derived Lipids (Fatty Acids) market across the globe?

• What are the market forecasts and estimates for 2021-2028?

• What are the key drivers, restraints, opportunities, and challenges for the global Nannochloropsis Derived Lipids (Fatty Acids) market?

• Who are the major players in the global lipids (fatty acids) derived from Nannochloropsis market?

• How is the competitive landscape and who are the global market leaders for Nannochloropsis-derived lipids (fatty acids)?

• What are the recent developments in the global lipids derived from Nannochloropsis (fatty acids) market?

• What are the geographic trends and high growth regions / countries?

• Who are the emerging local players in the Global Nannochloropsis Derived Lipids (Fatty Acids) Market and how do they compete with global players?

Market Snapshot

Conductors

• Growing awareness of the health benefits of omega-3 pufa

• Growing demand for functional food products

• Growing prevalence of diabetes and obesity

Constraints

Challenges

Opportunities

Key players

The report comprises a competitive landscape based on an in-depth assessment of key strategic developments adopted by key industry market players over the past 4-5 years.

Key Players Presented in the Global Nannochloropsis Derived Lipids (Fatty Acids) Market Research Report are

• Arizona Algae Products, LLC (US)

• Lyxia Corporation (China)

• Shaivaa Algaetech LLP (India)

• iwi Life (United States)

Scope of the report:

Nannochloropsis Derived Lipids (Fatty Acids) Market, By Application

Nannochloropsis Derived Lipids (Fatty Acids) Market, By Geography

For more information on this report visit https://www.researchandmarkets.com/r/vpbx1v

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220111005877/en/

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