Alpha linolenic acid is one of the key supplements for human health, which cannot be produced within the body. It is an omega 3 fatty acid that is found in the seeds of hemp, chia, flaxseed as well as in several common vegetable oils. Alpha linolenic acid plays a key role in health and nutrition. It is relatively susceptible to oxidation, owing to which it becomes rancid in a shorter period as compared to other vegetable oils. The IUPAC name of alpha linolenic acid is 9, 12, 15-octadecatrienoic acid.
It is one of the known carboxylic acids that contain eighteen carbon and three double bonds in its structure with the molecular formula C18H30O2.
The global alpha linolenic acid market is expected witness significant demand in the coming years owing to the consistent growth of end-use industries. Significant growth in investments by distributors to increase production capabilities and multiply their distribution systems in multiple folds to attract consumers is also among the key factors contributing to the growth of the alpha linolenic acid market.
The alpha linolenic acid market is also driven by the demand from end-use industries, which include food industries, pharmaceuticals and personal care. In addition, growth in the usage of innovative technology helps producers improve the production of alpha linolenic acid. Moreover, alpha linolenic acid products are already being used as substitutes for certain other products owing to growth in the number of applications of these products.
Demand from the personal care industry is expected to be a prime driver of the alpha linolenic acid market in the near future. Furthermore, the application of alpha linolenic acid in food and pharma is increasing owing to its decent solvent property.
The alpha linolenic acid market has witnessed steady growth over the past couple of decades and this trend is expected to continue during the forecast period. Moreover, key manufacturers are focusing on expanding their production capabilities owing to significant growth in the demand for alpha linolenic acid from end-use industries such as personal care, food and pharmaceuticals from regions across the globe.
However, the high price of alpha linolenic acid, which is almost double of the price of its substitutes, is expected to be one of the major factors restraining the growth of the market.
The rising demand for functional foods and health supplements as well as increasing disposable income are some of the factors expected to boost the alpha linolenic acid market over the forecast period.
The alpha linolenic acid market is expected to gain traction at a lucrative rate in developed economies, which include Western Europe and North America, as compared to developing regions, owing to the presence of a mature manufacturing sector.
On the basis of end-use industries, pharmaceutical, cosmetics and food are among the major consumers of alpha linolenic acid and the consumption of this supplement by these industries is expected to increase significantly in the coming future.
As alpha linolenic acid is essential for consistent metabolic activities and the human body cannot produce these acids on its own, the demand for alpha linolenic acid from the pharmaceutical and food sectors is projected grow consistently.
Some of the key players of the alpha-linolenic acid market are:
The research report presents a comprehensive assessment of the alpha-linolenic acid market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Alpha-Linolenic Acid also contains projections using a suitable set of assumptions and methodologies. The alpha-linolenic acid report provides analysis and information according to market segments such as geographies, application, and industry.
The alpha-linolenic acid report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with alpha-linolenic acid market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The alpha-linolenic acid market is segmented on the basis of source and application.
On the basis of source, alpha-linolenic acid market segmented as:
On the basis of application, alpha-linolenic acid market segmented as:
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Alpha-Linolenic Acid Market
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