Alpha Linolenic Acid Market is Expected to Reach the Value of USD 3349.34 million by 2029

The alpha linolenic acid market was valued at USD 2,410.00 million in 2021 and is expected to reach the value of USD 3349.34 million by 2029, at a CAGR of 4.20% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Surging levels of investments in increase the production if the product, growing number of improvements in the distribution system, rising usages of the product as a substitute for certain number of products and growth of the personal care and cosmetics industry are the main factors driving the growth of the alpha linoleic acid market over the forecasted period of 2022-2029.

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Global Alpha Linolenic Acid Market Dynamics

Drivers

Growing investments in the production sector

The primary factor driving the alpha linolenic acid market is rising investments in the production sector among various end-users all over the world. The key manufacturers are focusing on the expansion of their production to increase their production capabilities owing to significant rise in the demand for the alpha linolenic acid for various purposes such as personal care, food and pharmaceuticals and amongst the other end-user industries. All these factors are fuelling the growth of the alpha linolenic acid market.

Rising usage of the product

The rise in the use of the alpha linolenic acid in industries is driving the growth of then market over the forecasted period. The alpha linolenic acid inhibits melanin production and reduces hyperpigmentation. Its anti-inflammatory property is beneficial for blemish-prone skin and improve hyperpigmentation. All these factors are fuelling the growth of the alpha linolenic acid market.

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Opportunities

Rising demand in end user industries

Increased alpha linolnic acid market consumption for certain health issues such as heart and blood vessels, hardening of the arteries, certain heart diseases and high blood pressure. It is also used for reducing blood clots generated in the vessels. The increased consumption of alpha linolenic acid in a wide range of applications such as personal care, cosmetics, food and beverages, and other segments have created many lucrative opportunities for the alpha linolenic acid market.

COVID-19 Impact on Alpha Linolenic Acid Market

The covid-19 has badly impacted nearly every end-users industry due to the lockdowns initiated protocols by the government during the pandemic. The supply chain and the manufacturing units were affected badly during the pandemic though this differed from industry to industry. However, the food and beverages sector suffered a huge rise in the pandemic and the post-pandemic era due to the large supply and the manufacturing demands among the consumers.

The alpha linolenic acid market was hence recovered as the supply demands increased across the globe for high natural and organic food supplements due to the concerned population regarding the health and nutritional benefits of the products related to alpha linolenic acid.

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Global Alpha Linolenic Acid Market Scope

Source

Seed
Nut
Vegetable Oil
Others

Applications

Food
Dietary Supplements
Pharmaceuticals
Cosmetics and Personal Care
Slimming Products
Others

Competitive Landscape and Alpha Linolenic Acid Market Share Analysis

Some of the major players operating in the alpha linolenic acid market are:

BASF SE (Germany)
DSM (Netherlands)
Croda International Plc (U.K.)
KD Pharma Group SA (Germany)
Golden Omega S.A. (Chile)
Suzhou Fushilai (China)
MTC Industries (U.S.)
GeroNova Research, Inc. (U.S.)
Source Naturals (U.S.)

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