Press release
Arachidonic Acid Global Market Report 2024 - By Report, Size, Share, Industry Demand, Forecast To 2033
"The new report published by The Business Research Company, titled ""Arachidonic Acid Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, 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 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%.
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Functional Foods Boosting Arachidonic Acid 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.
Rising Sports Nutrition Investment To Boost Arachidonic Acid Market Growth
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.
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
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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.
Contents of the report:
1. Executive Summary
2. Arachidonic Acid Market Report Structure
3. Arachidonic Acid Market Trends And Strategies
4. Arachidonic Acid Market - Macro Economic Scenario
5. Arachidonic Acid Market Size And Growth
…..
27. Arachidonic Acid Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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