The arachidonic acid market is projected to register a CAGR of 6.5% during the forecast period, up from US$ 231 Mn in 2021 to reach a valuation of US$ 460 Mn by 2032.
The arachidonic acid market is anticipated to show promising growth prospects during the forecast period as a result of the rising penetration of infant feeding formulae and also as a result of greater use in sports nutrition to fulfil the demand for arachidonic acid, making it more accessible to customers in the global arachidonic acid market.
Report Attribute | Details |
Estimated Base Year Value (2021) | US$ 231 Million |
Expected Market Value (2022) | US$ 246 Million |
Anticipated Forecast Value (2032) | US$ 460 Million |
Projected Growth Rate (2022-2032) | 6.5 % CAGR |
Sales of arachidonic acid are expected to rise significantly. In addition to this, demand for arachidonic acid is rising on account of US$ 316.5 Mn by 2026. Increasing demand for arachidonic acid is also projected to contribute to the growth of the arachidonic acid market share.
Manufacturers in the arachidonic acid market get a big platform from which to serve the whole demand for arachidonic acid. The worldwide sales of arachidonic acid are seeing increased competition. With growing competition, new competitors are offering a variety of options at reasonable pricing, fulfilling the demand for arachidonic acid more accessible to customers.
The demand for arachidonic acid in dietary supplements is increasing as people become more health-conscious. With the growth of outdoor sports activities like car racing and marathons, the risk of physical injury is predicted to increase, which is likely to drive the sales of arachidonic acid in terms of application growth and hence revenue generation.
The arachidonic acid market is growing primarily as a result of the rising penetration of infant feeding formulae and also as a result of greater use in sports nutrition.
The demand for arachidonic acid is expanding in lockstep with the growing need for omega-6 fatty acids in food. This increase in demand is a result of increased consumer knowledge of the advantages of essential fatty acids.
Cargill, Incorporated, Cayman Chemical, The Merck Group, Suntory Beverage & Food Limited, BASF SE, Mead Johnson, Nestlé S.A., Abbott Nutrition and many more are some of the leading participants in the arachidonic acid market.
The mother-baby society has shifted dramatically as a result of shifting lifestyles and stressful schedules. New moms are using their time to generate money, and as a result, nursing time for newborns has decreased.
As a result, the requirement for arachidonic acid, which is critical for the development of the brain and visual cognitive processing in infants, has been met by incorporating sales of arachidonic acid into infant formula products their feeding to infants. Additionally, new parents are searching for specific infant formulas that fulfil the demand for arachidonic acid for their infants.
The increasing need for n-6 polyunsaturated fatty acids in the commercial sector has also increased sales of arachidonic acid. Regulatory authorities have played a significant role in the arachidonic acid market since the approval has created opportunities and demand for arachidonic acid manufacturers to capitalise on sales of arachidonic acid.
Manufacturers are pursuing global expansion through imports rather than by establishing production units, leading to increased demand for arachidonic acid. The European Commission's similar clearance opened doors for Cargill Inc. to grow throughout Europe.
The arachidonic acid products are permitted for ingestion in baby formulas but not in any other sort of food. Manufacturers worldwide are now concentrating their efforts on improving biotechnology and extending the uses to boost the sales of arachidonic acid in the food business by addressing safety concerns.
North America produces and develops sales of arachidonic acid on a considerable scale and also leads the market in terms of development. However, production facilities for the arachidonic acid market are concentrated in countries such as China due to the abundant supply of raw materials.
North America also meets the demand for arachidonic acid in Europe. Due to poor baby formula and dietary supplement consumption, sales of arachidonic acid in the Middle Eastern and African areas is expected to be slow.
Arachidonic acid market awareness is also low in these areas, particularly among food processing companies. With expansions in nations like India, the Asia Pacific area is seeing a surge in demand for arachidonic acid, with extremely high growth expected in terms of sales of arachidonic acid in this region.
Cargill, Incorporated, Cayman Chemical, The Merck Group, Suntory Beverage & Food Limited, BASF SE, Mead Johnson, Nestlé S.A., Abbott Nutrition and many more are some of the leading participants in the arachidonic acid market.
Report Attribute | Details |
Growth rate | CAGR of 6.5% from 2022 to 2032 |
Base year for estimation | 2021 |
Historical data | 2014 - 2020 |
Forecast period | 2022 - 2032 |
Quantitative units | Revenue in USD Billion, Volume in Units, and CAGR from 2022 to 2032 |
Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
Segments covered | Product, source, end users and region |
Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
Country scope | U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
Key companies profiled |
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Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail of customized purchase options to meet your exact research needs. |
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The arachidonic acid market is anticipated to register a CAGR of 6.5% during the forecast period.
Key players holding substantial arachidonic acid market share include Mead Johnson, Nestlé S.A., Abbott Nutrition and many more.
As per the analysis, the arachidonic acid market share is likely to be US$ 460 Mn by 2032.
Demand for arachidonic acid is likely to rise with the growing need for omega-6 fatty acids in food due to spreading awareness of the benefits of consuming it.
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