Africa Arachidonic Acid Market - Trends, Growth, and Forecast (2020 - 2025)

Looking to buy the report?

The Africa Arachidonic market was valued 12.11 million in 2016 and is expected to register a CAGR of 4.21%, during the forecasted period 2018-2023. Arachidonic acid is polyunsaturated omega-6 fatty acid, which is an essential fatty acid for human body. It is found abundantly in microorganism, algae, fish, eggs, and beef. At industrial scale it is commercially extracted from the fungal Mortierella alpine though various extraction techniques, and then separated and purified to get the pure ARA. Africa is a small but growing market for import of archidonic acid. China is the largest supplier to the region for ARA.

Market Dynamics

The major driver for the ARA market has increased its application in infant formula products, sports nutrition, and dietary supplement products, and consumer move towards achieving nutritional benefits in diet. The imbalance and insufficient intake of ARA led to health disorder, and hence, nowadays consumers are more conscious to balance the nutritional gap in their diet, which is driving the ARA market. However, the high production cost, and large capital investment is affecting the ARA market. The poor industrialization in the region and high technological application are hindering the market growth.  Intake of fat is always found to be associated with increase in cholesterol and bad health effect, but PUFA and ARA are high potential fats and has less consumer awareness in the region, which is also a big restrain for the market.

Market Segmentation

Market segmentation of ARA is categorized on the basis of application type, technology type and by application. In the application type market ARA is further sub segmented into food and pharmaceuticals. In the food application market is divided into infant nutrition and dietary supplement product, of which infant nutrition covers the major share in the market. ARA as a dietary supplements are mainly used for sports nutrition products. The market segmentation, according to technology, is further includes the solvent extraction technology and the solid phase extraction technology. The technology is segmented on the basis of efficiency of production and cost.

Key Developments   

  • February 2018:  Suntory Products Limited, the wholly owned group affiliate of Suntory Beverage & Food Limited (SBF), initiated a production capacity expansion project at its Ujigawa Plant. Construction was decided to start in summer 2018, with the company aiming to start the new line by summer 2019.

Competitive Landscape

Major Players: DSM, BASF, Cargill, Suntory, Martek Bioscience, Cabio Bioengineering, Guangdong Runke, Cayman Chemicals, A&Z Food Additives co. Ltd., Zhejiang Weiss (WECAN), and Kingdomway, among others. Advancement in biotechnology has given a good opportunity for the market. The microbiological source of production is giving a new opportunity for the market, as ARA is present in high concentration in microalgae. The microalgae production as the raw material for ARA is another a big challenge for the industry. The economic and commercial production of microalgae oil, which is rich in ARA, is setting up a challenge for the region. The major competitors prefer investment in new product development and marketing strategy, due to volatility in commodity costs to maintain their position.

Reasons to Purchase this Report

  • Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
  • Market dynamics, which essentially consider the factors which are impelling the present market scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis, including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
  • Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet in excel

Customization of the Report

  • Value chain analysis
  • Consumer behavior analysis in country level

1. Introduction

                1.1 Key Deliverables of the study

                1.2 Study Assumptions

                1.3 Market Definitions

2. Research Approach and Methodology

                2.1 Introduction

                2.2 Research Design

                2.3 Study timelines

                2.4 Study Phases

                                2.4.1 Secondary Research

                                2.4.2 Discussion Guide

                                2.4.3 Market Engineering & Econometric Modelling

                                2.4.4 Expert Validation

3. Market Overview

                3.1 Introduction

                3.2 Market Dynamics

                                3.2.1 Drivers

                                       Increased application in infant nutrition and sports nutrition

                                       Health benefits and highlighted nutritional profile of ARA

                                3.2.2 Restraints

                                       High capital investment

                                       Low consumer awareness of ARA

                                       High energy cost for raw material production

                                       Poor industrialisation

                                3.2.3 Opportunities

                                       Increased advancement in biotechnology

                                       Availability of microalgae as a source of production

                                3.2.4 Porter's Five Forces Analysis

                                       Bargaining Power of Suppliers

                                       Bargaining Power of Buyers

                                       Threat of New Entrants

                                       Threat of Substitute Products and Services

                                       Degree of Competition

4. Market Segmentation

                4.1 By Technology

                                4.1.1 Solvent extraction

                                4.1.2 Solid phase extraction

                4.2 Application Type

                                4.2.1 Food and Beverages

                                       Infant formula

                                       Dietary supplements

                                4.2.2 Pharmaceuticals

                4.3 By Geography

                                4.3.1 Africa

                                       South Africa


                4.4 Competitive Landscape

                                4.4.1 Mergers & Acquisitions

                                4.4.2 Joint Ventures

                                4.4.3 New Product Launches

                                4.4.4 Most active companies in the past five years

                                4.4.5 Market Share Analysis

                4.5 Company Profiles

                                4.5.1 DSM

                                4.5.2 BASF

                                4.5.3 Cargill

                                4.5.4 Suntory

                                4.5.5 Martek Bioscience

                                4.5.6 Cabio Bioengineering

                                4.5.7 Guangdong Runke

                                4.5.8 Cayman Chemicals

                                4.5.9 A&Z Food additives Co. Ltd.

                                4.5.10 Zhejiang Weiss (Wecan)

                                4.5.11 Kingdomway

                4.6 Appendix

                                4.6.1 Disclaimer

                                4.6.2 Sources

Looking to buy the report?

Need a report that reflects how COVID-19 has impacted this market and its growth?

Looking to customize report?



By submitting, you confirm that you agree to our privacy policy