Market Trends of Asia-Pacific Arachidonic Acid Industry
This section covers the major market trends shaping the APAC Arachidonic Acid Market according to our research experts:
ARA In Infant Formula Products Driving The Market
The Infant Formula segment of the Asia-Pacific ARA market growing at a CAGR of 6.8%, during the forecast period. In the food application, infant nutrition covers the major share in the market. ARA, as a dietary supplement, is mainly used for sports nutrition products. The nutritional requirement among infants for neurological developments during the first two years means the demand for ARA remains constant. This fact is driving the infant formula segment of the ARA market.
China Is Major Producer Of Arachidonic Acid
China accounts for the largest share of the regional market, followed by India, Australia, and rest of Asia-Pacific. China is the world’s largest infant formula product market, which is the major factor for its large ARA consumption. China contributes to around 65% of the global infant formula market. Due to high quality, there is a growing demand for imported infant formula in the country. The Japanese market is open to international players and has advanced regulatory principles, thereby driving the growth of the arachidonic acid market. Singapore, Malaysia, and Thailand have fairly developed economies, where consumers are aware of the availability of arachidonic acid products for improving their diets.
