The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Market Overview

• Strong Market Growth: The arachidonic acid market has shown robust growth, increasing from $5.42 billion in 2023 to $5.88 billion in 2024, at a CAGR of 8.5%.
• Future Projections: The market is expected to grow to $8.18 billion by 2028, with a CAGR of 8.6%.

Historical Growth Drivers

• Health Benefits Awareness: High awareness of the health benefits of arachidonic acid has driven market growth.
• Rise in Birth Rates: Increased birth rates and the number of working mothers have boosted demand.
• Regulatory Approvals: Positive regulatory approvals and safety endorsements have facilitated market expansion.
• Urbanization: Rapid urbanization has contributed to market growth.
• Public Understanding: Increased public and scientific understanding of arachidonic acid’s benefits.

Future Growth Drivers

• Lifestyle Disorders: Rising incidence of lifestyle-related disorders driving demand.
• Sports Supplements: Increasing demand for sports nutrition supplements.
• Regulatory Acceptance: Growing regulatory acceptance for oil-based ara products.
• Pharmaceutical Demand: Increased demand from the pharmaceutical industry.
• Geriatric Population: The growing geriatric population contributes to market expansion.

View More On The Arachidonic Acid Market Report 2024 – https://www.thebusinessresearchcompany.com/report/arachidonic-acid-global-market-report

Major Market Trends

• Technological Developments: Rapid advancements in production technology.
• Innovative Products: Development of solvent-based product portfolios.
• Collaborations and Endorsements: Increased partnerships and endorsements.
• Smart Integration: Technological advancements leading to innovative applications.

Functional Foods Boosting Market Growth

• Popularity of Functional Foods: Increasing consumer awareness of health benefits driving demand.
• Arachidonic Acid in Foods: Used to promote brain development and regulate inflammatory responses.
• Market Example: In March 2023, fortified or functional packaged food products had the highest sales value at US$11.7 billion, according to Agriculture and Agri-Food Canada.

Rising Sports Nutrition Investment

• Spending on Sports Nutrition: Increased investment due to awareness of its role in athletic performance.
• Arachidonic Acid in Sports: Utilized to support muscle growth, enhance performance, and aid recovery.
• Market Example: In June 2023, nutrition-sensitive health spending rose from 10% to 11%, and nutrition-specific spending increased from 7% to 11%.

Key Market Players

• Leading Companies: Cargill Inc., BASF SE, Thermo Fisher Scientific Inc., Merck KGaA, Koninklijke DSM N.V., PerkinElmer Inc., Bio-Techne Corporation, and more.

Notable Industry Developments

• Bioz Inc. and Avanti Polar Lipids Partnership: In August 2023, Bioz Inc. partnered with Avanti Polar Lipids to integrate Bioz Badges, providing evidence-based recommendations to scientists.

Market Segmentation

• By Form: Solid, Solvent
• By Source: Animal, Plant
• By Application: Food and Beverages, Pharmaceuticals, Cosmetics, Animal Feed
• By End-Use: Human Consumption, Industrial Use

Regional Insights

• North America Dominance: North America was the largest region in the arachidonic acid market in 2023.
• Fastest-Growing Region: Asia-Pacific is expected to be the fastest-growing region during the forecast period.

The arachidonic acid market is poised for significant growth, driven by increasing awareness of its health benefits, technological advancements, and rising demand across various industries. The market’s expansion in both historical and forecast periods highlights its importance in functional foods, sports nutrition, and pharmaceutical applications.

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The Arachidonic Acid Global Market Report 2024  provides comprehensive insights on the arachidonic acid market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the arachidonic acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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