The global DHA algae oil for infant formula market is likely to witness significant growth throughout the forthcoming time period owing to rising awareness about its numerous health benefits, rising adoption of health-conscious lifestyles, surging demand for nutritious and healthy food, and frequent product launches. Algae oil is an oil which is made from certain marine algae. It is majorly used as a medicine and in foods.

Similar to fish oil, this oil is known to be a highly rich source of omega-3 fatty acids. In fact, algae oil contains two of the most essential omega-3 fatty acids that are EPA (eicosapentaenoic acid) and DHA (docosahexaenoic acid). The presence of these fatty acids is essential for maintaining a strong cardio-vascular system, healthy eyesight, and other cognitive functions.

Algae oil is commonly used with other fatty acids to strengthen the infant formula. It might improve the motor skills in the infant by the age of 30 months and attention usually at the age of 5 years. Additionally, with plenty of health benefits algae oil can be consumed by vegans and other individuals who are not very fond of fish oil.

DHA, is an omega-3 PUFA (polyunsaturated fatty acid) and is known to be an essential fatty acid for human beings. It is also known to be one of the important components in breast milk. Additionally, DHA is vital for maintaining key physiological functions such as visual acuity, learning ability, memory.

DHA along with ARA play a key role in infant health and development. In fact, early studies have confirmed that adding DHA to formula is known to improve cognitive as well as vision development. Today, almost all the leading formula brands sold in the U.S. comprise of DHA mainly in the form of a purified oil, generally algae oil.

The global DHA algae oil for infant formula market is bifurcated in terms of content, end-use, and regional landscape.

From a regional frame of reference, LATAM region will witness around 5.3% CAGR over the forecast time frame. The growth is ascribed to increasing demand for nutritious food as well as rising health awareness among consumers. Likewise, embracing the new era of products by manufacturers will also support the DHA algae oil for infant food market growth.

DHA algae oil for infant formula market in Middle East & Africa presently holds an industry share of more than 4.6% and is estimated to follow similar growth trends. Rising health awareness to improve immunity will have a positive impact on the overall industry growth.