Market Size of Arachidonic Acid Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.80 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Arachidonic Acid Market Analysis
Global arachidonic acid market is projected to grow with a CAGR of 6.8% during the forecast period (2019 - 2024).
- The demand for ARA in dietary supplements is increasing, due to growing health awareness among consumers. With the growing outdoor sporting activities, including car racing and marathons, the possibility of physical injuries is expected to increase, which is likely to drive the market in terms of increasing applications, thus generating revenue.
- The growth of the market is majorly due to the increasing penetration of infant food formulas and also increased usage in sports nutrition.
- The ARA market is proportional to the increasing demand for omega-6 fatty acids in the food. This rise in demand is due to an increase in consumer awareness about the consumption of essential fatty acids and its associated benefits.
Arachidonic Acid Industry Segmentation
The arachidonic acid market is distributed in a different segment on the source, form, application, and by geography. By source, arachidonic acid market is segmented into animal and plant; by form into dry and liquid; by its application into food & beverage and pharmaceutical. The food & beverage segment is further divided into infant formula and dietary supplements. Among food & beverage sub-segments, infant nutrition holds the dominant share of the market and being driven by regulatory support.Also, the study provides an analysis of the arachidonic acid market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
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Arachidonic Acid Market Size Summary
The arachidonic acid market is experiencing significant growth, driven by increasing consumer awareness and demand for omega-6 fatty acids, particularly in dietary supplements and infant nutrition. The rising popularity of outdoor sports activities, which heighten the risk of physical injuries, is contributing to the market's expansion through increased applications in sports nutrition. The market's growth is further bolstered by the expanding use of arachidonic acid in infant food formulas, where it plays a crucial role in brain development by aiding in the formation of cell membranes. This demand is supported by technological advancements and new patents from key industry players, ensuring a steady supply of this essential fatty acid, especially in regions where dietary intake may be insufficient.
Regionally, North America leads the market, followed by Europe and Asia-Pacific, with the European Union's regulatory environment fostering growth through intense research and development activities. The presence of numerous companies and the growing fertility rate in North America, particularly in Mexico, are key factors supporting market expansion in infant formulas. Additionally, the trend of using arachidonic acid for diabetes management is expected to further drive market growth in North America. Major industry players, including Galactic, Cargill, and ADM, are focusing on new product development and strategic marketing to navigate commodity cost volatility and maintain their market positions. Recent developments, such as the successful field trial by Arcadia Biosciences and DuPont Pioneer to produce high levels of arachidonic acid oil from safflower plants, highlight ongoing efforts to create cost-effective, plant-based sources of this fatty acid.
Arachidonic Acid Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Source
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2.1.1 Animal
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2.1.2 Plant
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2.2 By Form
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2.2.1 Dry
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2.2.2 Liquid
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2.3 By Application
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2.3.1 Food and Beverage
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2.3.1.1 Infant Formula
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2.3.1.2 Dietary Supplements
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2.3.2 Pharmaceuticals
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 Italy
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2.4.2.4 France
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2.4.2.5 Russia
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2.4.2.6 Spain
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2.4.2.7 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 India
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2.4.3.2 China
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2.4.3.3 Australia
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2.4.3.4 Japan
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle East and Africa
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2.4.5.1 South Africa
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2.4.5.2 Saudi Arabia
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2.4.5.3 Rest of Middle East and Africa
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Arachidonic Acid Market Size FAQs
What is the current Arachidonic Acid Market size?
The Arachidonic Acid Market is projected to register a CAGR of 6.80% during the forecast period (2024-2029)
Who are the key players in Arachidonic Acid Market?
Cargill Inc., CABIO Biotech Wuhan Co Ltd, Cayman Chemical, Guangdong Runke Bioengineering Co., Ltd. and Koninklijke DSM N.V are the major companies operating in the Arachidonic Acid Market.
