Arachidonic Acid Market is Projected to Reach US$ 422.7 Billion by 2032

Comments · 211 Views

The global arachidonic acid market size reached US$ 271.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 422.7 Billion by 2032, exhibiting a growth rate (CAGR) of 4.9% during 2024-2032. The growing focus of individuals on adopting functional foods to support

Summary:

  • The global arachidonic acid market size reached US$ 271.5 Billion in 2023.
  • The market is expected to reach US$ 422.7 Billion by 2032, exhibiting a growth rate (CAGR) of 4.9% during 2024-2032.
  • Region-wise the market has been divided into North America (United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa.
  • Based on the source, the market has been bifurcated into animal and plant.
  • On the basis of form, the market has been classified into dry and liquid.
  • Based on the end user, the market has been categorized into food and beverage, pharmaceuticals, and others.
  • The arachidonic acid market forecast offers insights into future opportunities and challenges, drawing on historical data and predictive modeling.
  • The rising product demand in infant nutrition is a primary driver of the arachidonic acid market.
  • Increasing research on chronic diseases and expanding health and wellness trends are further reshaping the arachidonic acid market.

Comments