Arachidonic Acid Market Size
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 |
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 Market Trends
This section covers the major market trends shaping the Arachidonic Acid Market according to our research experts:
Application of ARA in Infant Formula Increases
The application of arachidonic acid in infant nutrition is expected to increase during the forecast period due to the rapid technological advancements and new patents recorded by the key players in the market. This is due to the need of omega-6 fatty acids in infants, as they cannot synthesize the required amount. Hence, the essential fatty acids are provided by the additional supplement of ARA in infant food. DHA and arachidonic acid (ARA), a 20-carbon fatty acid, are the key components that help the formation of cell membranes in infant's brains. The amount of DHA and ARA in breast milk is highly variable among different countries and is dependent on a mother’s diet. During cases where the infant is not receiving the required amount of ARA, the latter can be provided in the form of ARA-supplemented formula, and eventually through solid foods.
North America holds the largest market share
The market is further segmented on the region basis into North America, Europe, Asia Pacific, Africa, and South America. North America holds the largest share of the arachidonic acid market in food applications followed by Europe and Asia- Pacific. The EU regulatory environment has supported the market growth in the region. This is due to the presence of many companies and intense R&D activities carried out with many new patents using ARA for infant formula, as well as sports nutrition and the growing fertility rate in the North American, especially in Mexico, enables for the market growth for the ARA in infant formula. The recent trend of using ARA for curing diabetes is expected to contribute to the market growth in other North American countries.
Arachidonic Acid Industry Overview
The key players in the arachidonic acid market include Galactic, Cargill, Purac, ADM, Henan Jindam Arachidonic acid Co., Ltd., and Corbion, amongst others. The major competitors prefer investment in new product development and marketing strategy due to volatility in commodity costs to maintain their position.
June 2016- Arcadia Biosciences, Inc. and DuPont Pioneer have announced a successful field trial safflower plants which can produce high levels of arachidonic acid (ARA) oil. This key milestone is a major step towards developing a new plant-based and cost-effective source of oil with high levels of ARA.
Arachidonic Acid Market Leaders
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Cargill Inc.
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CABIO Biotech Wuhan Co Ltd
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Cayman Chemical
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Guangdong Runke Bioengineering Co., Ltd.
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Koninklijke DSM N.V
*Disclaimer: Major Players sorted in no particular order
Arachidonic Acid Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Source
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5.1.1 Animal
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5.1.2 Plant
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5.2 By Form
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5.2.1 Dry
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5.2.2 Liquid
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5.3 By Application
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5.3.1 Food and Beverage
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5.3.1.1 Infant Formula
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5.3.1.2 Dietary Supplements
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5.3.2 Pharmaceuticals
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5.4 Geography
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5.4.1 North America
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5.4.1.1 United States
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5.4.1.2 Canada
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5.4.1.3 Mexico
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5.4.1.4 Rest of North America
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5.4.2 Europe
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5.4.2.1 Germany
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5.4.2.2 United Kingdom
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5.4.2.3 Italy
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5.4.2.4 France
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5.4.2.5 Russia
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5.4.2.6 Spain
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5.4.2.7 Rest of Europe
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5.4.3 Asia-Pacific
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5.4.3.1 India
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5.4.3.2 China
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5.4.3.3 Australia
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5.4.3.4 Japan
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5.4.3.5 Rest of Asia-Pacific
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5.4.4 South America
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5.4.4.1 Brazil
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5.4.4.2 Argentina
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5.4.4.3 Rest of South America
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5.4.5 Middle East and Africa
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5.4.5.1 South Africa
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5.4.5.2 Saudi Arabia
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5.4.5.3 Rest of Middle East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Market Share Analysis
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6.2 Company Profiles
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6.2.1 Cargill. Inc
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6.2.2 Cabio Biotech (Wuhan)Co., Ltd
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6.2.3 Cayman Chemicals
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6.2.4 Guangdong Runke
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6.2.5 Koninklijke DSM N.V.
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6.2.6 A & Z Food Additives Co., Ltd
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6.2.7 Merck Group
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6.2.8 Wuhan Shu Ou Technology Co.,Ltd
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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 Research 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.
Which is the fastest growing region in Arachidonic Acid Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Arachidonic Acid Market?
In 2024, the North America accounts for the largest market share in Arachidonic Acid Market.
What years does this Arachidonic Acid Market cover?
The report covers the Arachidonic Acid Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Arachidonic Acid Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Arachidonic Acid Industry Report
Statistics for the 2024 Arachidonic Acid market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Arachidonic Acid analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.