North America Arachidonic Acid Market Size & Outlook
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North America arachidonic acid market highlights
- The North America arachidonic acid market generated a revenue of USD 64.5 million in 2021.
- The market is expected to grow at a CAGR of 4.5% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 64.5 million |
| Market revenue in 2030 | USD 95.8 million |
| Growth rate | 4.5% (CAGR from 2021 to 2030) |
| Largest segment | Solvent |
| Fastest growing segment | Solid |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, North America region accounted for 30.5% of the global arachidonic acid market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 50.6 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 |
North America 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 74.42% in 2021. Horizon Databook has segmented the North America arachidonic acid market based on solid, solvent covering the revenue growth of each sub-segment from 2018 to 2030.
In 2017, North America led by U.S., Mexico, and Canada accounted for the largest share in the arachidonic acid market globally. Presence of prominent ARA producers such as A&Z Food additives Co. Ltd, Cargill, Cayman Chemical Company, etc. and developed sports and infant nutrition industry coupled with high disposable income is expected to drive this market.
Growing customized products demand based on gender, age, performance requirements is another driving factor for ARA market across the region. FDA approval for ARA used in infant formula is another major driver for North America arachidonic acid market.
Adoption of ARA as generally recognized as safe (GRAS) from The Food and Drug Administration positively impacted the product application scope in infant formula which is contributing towards the development of ARA application in infant formula and supplements.
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Target buyers of North America arachidonic acid market databook
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Our clientele includes a mix of arachidonic acid market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America arachidonic acid market , including forecasts for subscribers. This continent databook contains high-level insights into North America arachidonic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America arachidonic acid market size, by country, 2018-2030 (US$M)
North America Arachidonic Acid Market Outlook Share, 2021 & 2030 (US$M)
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