Market Size of Europe Arachidonic Acid Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Arachidonic Acid Market Analysis
Europe Arachidonic Acid Market report is expected to reach USD 56 million by 2025 growing at a CAGR of 6.0% during the forecast period.
- Europe is the second largest consumer of arachidonic acid in the world. The market is growing for arachidonic acid, as the consumers are looking for a healthy dietary supplement.
- The drivers for the ARA market is increased demand for infant nutrition products containing ARA, increased application in sports nutrition, various health benefits of ARA and the government approval for incorporation into infant products. The important function properties of ARA are increasing the consumer demand for arachidonic acid in Europe as a functional food.
- The declining birth rate in the region is the major restraining factor for the market. Europe is expected to grow at a steady growth rate during the forecast period.
