May 29, 2017   SOURCE: PR NewsWire

North America Algae Omega-3 Ingredient Market to Grow at a CAGR of 10% by 2022 - Strong Demand for Dietary Supplement Products - Research and Markets

DUBLIN, May 29, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "North America Algae Omega-3 Ingredient Market - Growth, Trends and Forecasts (2017 - 2022)" report to their offering.

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The North America algae omega-3 ingredient market is expected to register a CAGR of 10.1%, during the forecast period of 2017-2022.

The algae omega-3 ingredient market is dominantly driven by the strong demand for dietary supplement products. The algae omega-3 demand is growing at a faster rate in the health supplement segment, as it provides the same benefit as that of fish oil, but with no off-odor or taste. Omega-3 obtained from algae are considered as more bioavailable and sustainable. The use of premium-grade omega-3 for infant formula is another major driver for the market, as algae omega-3 has proved to be of superior quality.

In North America, consumers are highly aware of the EPA/DHA benefits and its daily recommended dosage. The major restraining factor for the market is the high-cost of the products, due to higher downstream processing cost. However, with the passage of time and technological advancement, its price is forecasted to reduce, which can make it a highly competitive market.

Companies Mentioned 

    --  ADM
    --  Algaecytes
    --  Algisys
    --  Bioceuticals
    --  Bioprocess Algae, LLC
    --  DSM Nutritional Products
    --  Neptune Wellness Solutions (Biogroga)
    --  Nordic Naturals
    --  Nature's Way (Ascenta Health)
    --  Polaris
    --  Qualitas Health
    --  Simris Alg
    --  Source-Omega
    --  Synthetic Genomics
    --  Terravia (Solazyme)
    --  Xiamen Huison Biotech

Key Topics Covered:

1. Introduction

2. Research Approach and Methodology

3. Market Overview

4. Market Segmentation

5. Competitive Landscape

6. Company Profiles

7. Appendix

For more information about this report visit http://www.researchandmarkets.com/research/7z6l6g/north_america

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SOURCE Research and Markets