GCC Arachidonic Acid Market Outlook (2018 to 2032)
Synopsis
The above chart is GCC Arachidonic Acid Market Outlook (2018 to 2032)
Market Dynamics
the gcc arachidonic acid market is expected to witness with a significant growth during 2018-2032 owing to the increasing consumer demand for organic food products, such as infant formula, baby food, and fish oil, which are rich in fatty acids. arachidonic acid is an essential unsaturated fatty acid present in human and animal tissues. the acid is also the most important fatty acid for the developing brain, being a major component of cell membranes.
in the gcc region, arachidonic acid is present in several sources, including eggs, dairy products, red meat, and fish. also, the region has increasing disposable income of the population, and rapid urbanization and industrialization that are expected to boost the development of the gcc arachidonic acid market. in addition, increasing demand for processed food is likely to drive the growth of the gcc arachidonic acid market in the coming years.
furthermore, the rising awareness about healthy food among the consumers has been a major factor that is augmenting the growth of gcc arachidonic acid market. moreover, governments of these countries are promoting healthcare and use of natural remedies among consumers, which is also creating an upsurge in the growth of the market. some sustainable and organic production methods have been also adopted by local vendors, thereby providing impetus to the growth of the gcc arachidonic acid market.
the market is segregated into various end-users industries, such as food & beverage, pharmaceuticals, and nutraceuticals among others. the food & beverage industry is playing a major role in the development of the gcc arachidonic acid market in the region. on the other hand, the presence of a large patient population suffering from cardiovascular diseases, cancer and other health-related issues, has boosted the demand for arachidonic acid-based pharmaceuticals. also, the demand for arachidonic acid-based nutraceuticals have develed due to rising awareness for preventive healthcare.
the market for gcc arachidonic acid is further segmented on the basis of geography, product type, and distribution channel. by geography, the market is bifurcated into gcc, north america, europe, asia pacific, middle east and africa among others. by product type, the market is segmented into powder, liquid, and oil among others. by the distribution channel, the market is fragmented into supermarkets & hypermarkets, pharmacies, health stores, and online stores, among others.
insights into the leading players in the gcc arachidonic acid market include, omega pharma, omega health & nutrition, new zealand natural health products, omega nutrition, ocean nutrition, omega health care products and more.