Reports


Arachidonic Acid Market Size & Share, ARA Sector / Industry Report & Analysis, 2019-2025 (Includes Business Impact of COVID-19)

  • TBI440879
  • August 01, 2019
  • Global
  • 132 pages
  • HCCResearch
                                              Abstract, Snapshot, Market Analysis & Market Definition: Global Arachidonic Acid Market

The global arachidonic acid market size was valued at USD 180.4 million in 2017 and is projected to register a CAGR of 5.8% during the forecast period. ARA is a long chain fatty acid, which along with Docosahexaenoic acid (DHA), supports the development of the infant’s brain. Increasing awareness regarding baby care products is among the primary factors driving the industry growth. The product manufacturing requires a skilled workforce and special material handling equipment resulting in higher production costs.
Thus, to reduce the production costs, leading manufacturers are focusing on R & D and in-house manufacturing techniques as it improves the product quality, thereby enhancing the brand value. The industry is characterized by a diversified value chain, which consists of raw material suppliers, upstream manufacturers, distributors, and end-users. Raw material suppliers emerged as an essential element across the value chain of the ARA industry. Increasing importance of suppliers is a key driver to influence the strategies of the major industry participants.
 
End users are opting for cheaper bulk quantities of the product. Prominent raw materials used in product manufacturing include yeast, soy, corn, and glucose. Key manufacturers are involved in product synthesis by modifying mortierella alpine (M.alpine), which is considered an efficient mean of production. Mass production is one of the most implemented strategies adopted by key players to reduce the cost of the final product.
Producers are more inclined toward manufacturing the product in the vicinity to end-users to reduce transportation costs, minimize currency fluctuation exposure, and benefit from local incentives. In the Middle Eastern countries, infant formula-producing companies are trying to increase the consumer awareness through educational campaigns. Low product penetration is attracting the global companies to expand their operations in this region.

Market Segmentation, Outlook & Viewpoint: Global Arachidonic Acid Market


Form Market Segmentation & Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

Solid

Solvent


Application Market Segmentation & Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

Infant Formula

Supplement


Key Players, Recent Developments & Regional Insights: Global Arachidonic Acid Market


Infant formula segment leads the overall Arachidonic Acid (ARA) market accounting. Polyunsaturated fatty acids are known to improve the baby’s eyesight and memory, which is a major driving factor for the market. Furthermore, increasing regulatory acceptance for oil-based products in infant nutrition is positively impacting this growth. Increasing awareness regarding the product benefits in baby nutrition emerged as a primary reason behind escalating demand in infant formula application.
 
Potential applications in health supplement will support the market growth from 2018 to 2025. Prominent companies are investing more in R & D to develop newer applications, such as in sports drinks and bodybuilding supplements. Increasing demand for health supplements across various regions is projected to create new avenues for the segment.

Regional Insights
North America was the dominant regional market in 2017 with a volume share of over 40%. This growth was attributed to the presence of prominent companies in North America. The region is projected to expand further during the forecast years on account of developed sports and infant nutrition industry, particularly in U.S., and high spending capacity of consumers.
Europe also holds a notable share of the global market. Early adoption of ARA in the supplement and infant formula is the primary reason behind this growth. Factors, such as high standards of living and well-developed sports nutrition market, are also driving the regional industry.
Asia Pacific region is also expected to register a strong CAGR due to rapid urbanization, emerging middle-class population, and projected growth in the number of infants across the region. Presence of emerging economies, such as India and China, and availability of low-cost raw materials and labor are attracting global manufacturers to expand their operations in APAC. This will also drive the industry in APAC region.
Arachidonic Acid (ARA) Market Share Insights
Some of the prominent companies in the market include Suntory Beverage & Food Limited; Cayman Chemical Company; Cargill, Inc.; and BASF SE. The market is characterized by a diversified value chain, which consists of raw material suppliers, upstream manufacturers, distributors, and end users. Outsourcing of manufacturing capabilities is expected to be the dominant trend in the market.
Other strategies undertaken by manufacturers include M & A and joint ventures. The companies grant rights for the intellectual properties to each other and work together for better business opportunities. Mead Johnson, Nestlé S.A., and Abbott Nutrition, leading producers of dietary supplements and infant formula, are among the major end-users of the product.

Key Insights Covered: Global Arachidonic Acid Market
1.  North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Arachidonic Acid industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Arachidonic Acid industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Arachidonic Acid industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Arachidonic Acid industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Arachidonic Acid industry.

Research Methodology: Global Arachidonic Acid Market
  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other

Table of Contents
Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope and assumptions
1.3 List of data sourcesChapter 2 Executive SummaryChapter 3 Market Variables, Trends and Scope
3.1 Market segmentation & scope
3.2 Market size and growth prospects, 2014 - 2025
3.3 Value chain analysis
3.4 Market dynamics
    3.4.1 Market driver analysis
        3.4.1.1 Rising awareness regarding the health benefits of arachidonic acid
        3.4.1.2 Growing acceptance of ARA
    3.4.2 Market restraint analysis
        3.4.2.1 High cost of developing arachidonic acid
3.5 Industry ana
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