Canada Arachidonic Acid Market Size & Outlook, 2021-2030
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Canada arachidonic acid market highlights
- The Canada arachidonic acid market generated a revenue of USD 9.2 million in 2021 and is expected to reach USD 12.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.6% from 2022 to 2030.
- In terms of segment, solvent was the largest revenue generating form in 2021.
- Solid is the most lucrative form segment registering the fastest growth during the forecast period.
Arachidonic acid market data book summary
| Market revenue in 2021 | USD 9.2 million |
| Market revenue in 2030 | USD 12.6 million |
| Growth rate | 3.6% (CAGR from 2021 to 2030) |
| Largest segment | Solvent |
| Fastest growing segment | Solid |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solid, Solvent |
| Key market players worldwide | Koninklijke DSM NV, Suntory Beverage & Food Ltd, Cargill, Basf SE, Croda International PLC, Bio-Techne Corp, Merck KGaA, Cabio, Cayman Chemical, Guangdong Runke Bioengineering, A D Z Food Distribution |
Other key industry trends
- In terms of revenue, Canada accounted for 4.3% of the global arachidonic acid market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. arachidonic acid market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 22.9 million by 2030.
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Arachidonic Acid Market Scope
Arachidonic Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| A D Z Food Distribution | View profile | 11-50 | Sale, Cheshire, United Kingdom, Europe | https://www.adzfooddistribution.co.uk/ |
| Guangdong Runke Bioengineering | View profile | 101-250 | Shantou, Guangdong, China, Asia | https://www.runke.com.cn |
| Cayman Chemical | View profile | 251-500 | Ann Arbor, Michigan, United States, North America | http://caymanchem.com |
| Cabio | View profile | 1-10 | Wuhan, Hubei, China, Asia | http://www.cabio.cn/ |
| Croda International PLC | View profile | 5852 | Cowick Hall, Snaith, Goole, East Yorkshire, United Kingdom, DN14 9AA | https://www.croda.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Suntory Beverage & Food Ltd | View profile | 24641 | 3-1-1 Kyobashi, Tokyo Square Garden, Chuo-ku, Tokyo, Japan, 104-0031 | http://www.suntory.co.jp |
| Bio-Techne Corp | View profile | 3050 | 614 McKinley Place N.E., Minneapolis, MN, United States, 55413 | https://www.bio-techne.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
Canada arachidonic acid market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to arachidonic acid market will help companies and investors design strategic landscapes.
Solvent was the largest segment with a revenue share of 75% in 2021. Horizon Databook has segmented the Canada arachidonic acid market based on solid, solvent covering the revenue growth of each sub-segment from 2018 to 2030.
Canada with a share of 7% by volume emerged as the third largest market in the North America arachidonic acid market in 2018. Poultry and meat products are considered a rich source of ARA. Breast milk of Canadian women is considered rich in arachidonic acid owing to the higher consumption of meat and poultry products in Canada.
However, there is variation in the average arachidonic acid intake by children across the country owing to the geographical and socio-demographic variations. In Vancouver, average ARA intake among children (1.5 to 5 years) were ranging from 133 to 260 milligram/day, while in Ontario the average ARA intake for children (4 to 7 years) was 57 milligram/day.
Key players are focusing on developing their operation across those regions where the ARA intake is comparatively low. Functional food is one of the fastest growing sectors in Canada. There has been a relatively stable growth in consumer disposable income and household spending in Canada along with an escalating demand for wellness and health-promoting products.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada arachidonic acid market , including forecasts for subscribers. This country databook contains high-level insights into Canada arachidonic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada arachidonic acid market size, by form, 2018-2030 (US$M)
Canada Arachidonic Acid Market Outlook Share, 2021 & 2030 (US$M)
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