Report ID: SQMIG15A2209
Report ID:
SQMIG15A2209 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
59 |
Figures:
75
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.
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Report ID: SQMIG15A2209