USD 212.5 billion
Arachidonic Acid Market Size, Share, Growth Analysis, By Form(Solid and Solvent), By Source(Animal and Plant), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15A2209 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
59
|Figures:
75
Arachidonic Acid Market Insights
Arachidonic Acid Market size was valued at USD 212.5 billion in 2021 and is poised to grow from USD 221.85 billion in 2022 to USD 299.89 billion by 2030, at a CAGR of 4.4% during the forecast period (2023-2030).
The increasing awareness among consumers regarding baby care products has become a driving force behind the growth of the industry. Additionally, there is a growing demand for these products to aid in the healing of critical physical injuries, further contributing to the industry's expansion.
The benefits of ARA include improved visual acuity, balanced levels of phosphate and calcium, enhanced neuron growth, and promotion of cell survival in developing infants.
To enhance product quality and brand value, key manufacturers in the industry are focusing on improving in-house manufacturing techniques and conducting extensive research and development activities. The cost of producing ARA is falling as a result of factors like population expansion, growing income levels, greater awareness, and the creation of cutting-edge technologies.
This reduction is expected to drive industry growth in the foreseeable future. Arachidonic acid, belonging to the Omega-6 group, is an essential fatty acid that holds significance due to its storage within cell membranes and its role in signaling adaptive changes in response to damage.
In cases where the body lacks sufficient natural arachidonic acid, additional intake is required through injections, syrups, or tablets. Corn, glucose, soy, yeast, and other materials are commonly used as primary raw materials in the production of ARA.
Companies engaged in the manufacturing of infant formula are actively striving to enhance consumer awareness through various educational campaigns. These collective efforts are anticipated to positively impact the growth of the industry as a whole.
US Arachidonic Acid Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Solvent
Fastest Growth
Solvent
Growth Rate
4.4% CAGR
Global Arachidonic Acid Market ($ Bn)
Country Share for North America Region (%)
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Arachidonic Acid Market Segmental Analysis
The global arachidonic acid market is segmented on the form, application, source and region. By form, the market is segmented into solid and solvent. By application, the market is segmented into Infant Formula and Supplements. By source, the market is segmented into animal and plant. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Arachidonic Acid Market Analysis by Form
The solvent segment emerged as the dominant category in 2022, capturing over 80.27% of the total revenue. The significant market share of the solvent segment can be attributed to its extensive use in infant formula and supplements worldwide. Key industry players are actively engaged in the development of advanced solvent-based products, which offer higher profit margins. The growing demand for ARA-infused supplements, particularly in sports nutrition, is driving the product demand in this segment.
The solid form of arachidonic acid holds a fastest growing position in the market. It is typically available in powdered or encapsulated forms and finds extensive application in the production of dietary supplements, functional food and beverages, and infant formula. The solid form offers convenience in handling, storage, and dosage, making it popular among consumers.
Arachidonic Acid Market Analysis by End User
In 2022, Arachidonic acid will play a crucial role in infant nutrition, particularly in the development of the brain and nervous system. Therefore, the application of arachidonic acid in infant formula holds a dominant position in the market. The demand for arachidonic acid in this segment is expected to remain strong due to the growing population and increasing consumer awareness regarding the importance of infant nutrition.
The supplements segment is one of the fastest-growing application areas for arachidonic acid. Arachidonic acid supplements are widely consumed by athletes and bodybuilders to support muscle growth and enhance exercise performance. The rising popularity of sports nutrition and the increasing number of fitness enthusiasts are driving the demand for arachidonic acid in this segment.
Global Arachidonic Acid Market By Fom
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Arachidonic Acid Market Regional Insights
North America holds a high share in the arachidonic acid market. The United States, in particular, dominates the region due to its robust healthcare infrastructure, high consumer spending on health and wellness products, and a well-established market for infant formula. In North America, the dominant segment is the solvent form of arachidonic acid, which finds extensive application in infant formula and dietary supplements. The region is witnessing steady growth, driven by increasing consumer awareness and the presence of major market players.
Asia Pacific is witnessing rapid growth in the arachidonic acid market, driven by factors such as a growing population, rising disposable income, and increasing consumer awareness about health and nutrition. China and India are key contributors to the regional market, with a significant demand for infant formula and nutritional supplements. The solvent form of arachidonic acid is dominant in this region as well, owing to its widespread use in infant formula. Furthermore, the Asia Pacific region shows promising growth potential due to the expanding middle-class population, increasing urbanization, and growing focus on infant health and nutrition.
Global Arachidonic Acid Market By Geography
- Largest
- Fastest
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Arachidonic Acid Market Dynamics
Arachidonic Acid Market Drivers
Increasing Consumer Awareness
- Growing awareness among consumers about the benefits of arachidonic acid, such as its role in brain development and overall health, is a significant driver. Increased understanding of the importance of nutrition in early childhood and the rising popularity of dietary supplements contribute to market growth.
- The use of arachidonic acid in infant formula is a major driver of market growth. Arachidonic acid is recognized as a crucial component in supporting infant brain development, and its inclusion in infant formula has become a common practice, driving the market demand.
Arachidonic Acid Market Restraints
Side Effects and Allergic Reactions
- While arachidonic acid is generally safe for consumption, some individuals may experience side effects or allergic reactions. These adverse effects, although rare, can pose a restraint on market growth and consumer acceptance.
- The arachidonic acid market is subject to strict regulations and quality standards imposed by regulatory bodies. Compliance with these regulations can be challenging for manufacturers, especially in terms of product labeling, safety standards, and quality control, which may impede market growth.
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Arachidonic Acid Market Competitive Landscape
These companies are actively engaged in the production, research, and development of arachidonic acid, catering to diverse industry sectors such as infant formula, dietary supplements, pharmaceuticals, and food and beverages. They compete based on product quality, innovation, manufacturing capabilities, and global market reach.
Arachidonic Acid Market Top Player’s Company Profiles
- Koninklijke DSM N.V. (Netherlands)
- A&Z Food Additives Co., Ltd. (China)
- Jarrow Formulas, Inc. (United States)
- GlaxoSmithKline plc (United Kingdom)
- Lallemand Inc. (Canada)
- Guangdong Runke Bioengineering Co., Ltd. (China)
- Guangdong Haid Group Co., Ltd. (China)
- Nordic Naturals, Inc. (United States)
- NaturaNectar LLC (United States)
- Xi'an Lyphar Biotech Co., Ltd. (China)
- Novotech Nutraceuticals, Inc. (Canada)
- Nu-Mega Ingredients Pty Ltd (Australia)
- Xiamen Huison Biotech Co., Ltd. (China)
- AarhusKarlshamn AB (Sweden)
- Suzhou Jinyuan Biochemical Co., Ltd. (China)
- Minasolve (France)
- Yuwang Pharmaceutical Co., Ltd. (China)
Arachidonic Acid Market Recent Developments
- In April 2023, A company called Acasti Pharma announced that it has received approval from the FDA for its drug Vascepa, which is used to treat high triglyceride levels.
- In March 2023, A study published in the journal "Nutrients" found that arachidonic acid supplementation can improve visual acuity in infants.
- In February 2023, BASF, a renowned supplier of microencapsulated polyunsaturated fatty acid (PUFA), introduced dry n-3 powders.
Arachidonic Acid Key Market Trends
Expansion into Functional Foods
- The market is witnessing a trend towards the incorporation of arachidonic acid into functional foods. Manufacturers are exploring opportunities to incorporate arachidonic acid into a variety of food products, including snacks, beverages, and fortified foods, to cater to the growing demand for convenient and healthy options.
Arachidonic Acid Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our analyses, the global arachidonic acid market is experiencing significant growth, with Asia Pacific emerging as the dominant region and displaying the fastest growth. Factors driving the market include increasing consumer awareness of the health benefits of arachidonic acid, rising demand for infant formula and dietary supplements, and advancements in production technologies. The dominant segment in the market is the solvent form of arachidonic acid, primarily used in infant formula and supplements. The fastest-growing segment is driven by the growing preference for arachidonic acid-infused products in sports nutrition. However, restraints such as potential side effects and allergic reactions, as well as stringent regulations, may hinder market growth.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 212.5 billion |
| Market size value in 2031 | USD 299.89 billion |
| Growth Rate | 4.4% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Arachidonic Acid Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Arachidonic Acid Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Arachidonic Acid Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Arachidonic Acid Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Arachidonic Acid Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Arachidonic Acid Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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