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