Overview and Scope
Arachidonic acid is a polyunsaturated omega-6 fatty acid essential for various physiological processes, including maintaining cell membrane fluidity and integrity. It plays a significant role in cellular signaling and inflammation by serving as a precursor to eicosanoids such as prostaglandins, thromboxanes, and leukotrienes, which are involved in immune responses.
Sizing and Forecast
The arachidonic acid market size has grown strongly in recent years. It will grow from $5.42 billion in 2023 to $5.88 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to high awareness of the health benefits, rise in birth rates and the increasing number of working mothers, positive regulatory approvals and safety endorsements, increased public and scientific understanding, and rapid urbanization.
The arachidonic acid market size is expected to see strong growth in the next few years. It will grow to $8.18 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to the rising incidence of lifestyle-related disorders, increasing demand for sports supplements, growing regulatory acceptance for oil-based ara products, increasing demand from the pharmaceutical industry, and increasing geriatric population. Major trends in the forecast period include rapid technological developments, innovative solvent-based product portfolios, technological advancements in production, partnerships and collaborations, and endorsements and recommendations.
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Segmentation & Regional Insights
The arachidonic acid market covered in this report is segmented –
1) By Form: Solid, Solvent
2) By Source: Animal, Plant
3) By Application: Food And Beverages, Pharmaceuticals, Cosmetics, Animal Feed
4) By End-Use: Human Consumption, Industrial Use
North America was the largest region in the arachidonic acid market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the arachidonic acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing popularity of functional foods is expected to propel the growth of the arachidonic acid market going forward. Functional foods are products that provide health benefits beyond basic nutrition, typically due to the addition of specific nutrients, additives, or other bioactive components. Functional foods are gaining popularity due to increasing consumer awareness of their health benefits and their potential to prevent disease and promote well-being. Arachidonic acid is used in functional foods to promote healthy brain development and inflammatory response regulation, particularly in infant formulas and nutritional supplements. For instance, in March 2023, according to Agriculture and Agri-Food Canada (AAFC), a Canada-based department, among health and wellness (HW) foods and beverages, comprising 40.3% of the market, fortified or functional (FF) packaged food products had the highest sales value at US$11.7 billion. Therefore, the growing popularity of functional foods is driving the growth of the arachidonic acid market.
<h4 class=reporthtag>Rising Sports Nutrition Investment To Boost Arachidonic Acid Market Growth</h4>
The increasing spending on sports nutrition is expected to propel the growth of the arachidonic acid market going forward. Sports nutrition is the study and practice of nutrition and diet as they relate to athletic performance and physical activity. Increased spending on sports nutrition is driven by growing awareness of its role in enhancing athletic performance and overall health. Arachidonic acid is utilized in sports nutrition to support muscle growth, enhance performance, and aid in the recovery process by modulating inflammation and muscle protein synthesis. For instance, in June 2023, according to Development Initiatives (DI), a UK-based independent international development organization, the share of nutrition-sensitive health spending increased slightly from 10% to 11%, and the proportion of nutrition-sensitive health programs rose from 20% in 2020 to 23% in 2021. An additional 11% of health spending was nutrition-specific, up from 7% in 2020 to 11% in 2021. Therefore, the increasing spending on sports nutrition is expected to propel the growth of the arachidonic acid market.
Key Industry Players
Major companies operating in the arachidonic acid market are Cargill Inc., BASF SE, Thermo Fisher Scientific Inc., Merck KGaA, Koninklijke DSM N.V., PerkinElmer Inc., Bio-Techne Corporation, Kingdomway Nutrition Inc., Sisco Research Laboratories Pvt. Ltd., Tokyo Chemical Industry Co. Ltd., Cayman Chemical Company, Parchem Fine and Specialty Chemicals Inc., Avanti Polar Lipids Inc., Acros Organics, Selleck Chemicals LLC, Enzo Life Sciences, Polychemtech India, Spectrum Labs Inc., Cabio Biotech (Wuhan) Co. Ltd., Wuhan Fuxing Biotechnology Co. Ltd.
The arachidonic acid market report table of contents includes:
1. Executive Summary
2. Arachidonic Acid Market Characteristics
3. Arachidonic Acid Market Trends And Strategies
4. Arachidonic Acid Market – Macro Economic Scenario
5. Global Arachidonic Acid Market Size and Growth
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32. Global Arachidonic Acid Market Competitive Benchmarking
33. Global Arachidonic Acid Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Arachidonic Acid Market
35. Arachidonic Acid Market Future Outlook and Potential Analysis
36. Appendix
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