Global Arachidonic Acid Market

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.

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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).

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 market reach. 'BASF SE (Germany)', 'Cargill, Incorporated (United States)', 'Koninklijke DSM N.V. (Netherlands)', 'Cayman Chemical Company (United States)', '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)'

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 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.

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.

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Global Arachidonic Acid Market

Report ID: SQMIG15A2209

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