Global Alpha Linolenic Acid Market, By Source (Seed, Nut, Vegetable Oil, Others), Applications (Food, Dietary Supplements, Pharmaceuticals, Cosmetics and Personal Care, Slimming Products, Others) – Industry Trends and Forecast to 2029.
Alpha Linolenic Acid Market Analysis and Size
Surging levels of investments in increase the production if the product, growing number of improvements in the distribution system, rising usages of the product as a substitute for certain number of products and growth of the personal care and cosmetics industry are the main factors driving the growth of the alpha linoleic acid market over the forecasted period of 2022-2029. Additionally, the adoption of innovative technology for the development of acid and the expansion of production capabilities will further propel the growth of the alpha linolenic acid.
Data Bridge Market Research analyses that the alpha linolenic acid market was valued at USD 2,410.00 million in 2021 and is expected to reach the value of USD 3349.34 million by 2029, at a CAGR of 4.20% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Alpha Linolenic Acid Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Source (Seed, Nut, Vegetable Oil, Others), Applications (Food, Dietary Supplements, Pharmaceuticals, Cosmetics and Personal Care, Slimming Products, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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BASF SE (Germany), DSM (Netherlands), Croda International Plc (U.K.), KD Pharma Group SA (Germany), Golden Omega S.A. (Chile), Suzhou Fushilai (China), MTC Industries (U.S.), GeroNova Research, Inc. (U.S.), Source Naturals (U.S.), HiMedia Laboratories (India), AlzChem Group AG (Germany), Sabinsa. (U.S.), Life Extension (U.S.), Swanson (U.S.), Cambridge Commodities (U.K.), toyohakko Co., Ltd. (Japan), Eastman Chemical Company (U.S.), Cayman Chemical (U.S.), Merck KGaA (Germany), Monsanto (U.S.)
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Opportunities
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Market Definition
Alpha linolenic acid is a type of omega 3 fatty acid found in plants mainly canola, corn, perilla, walnut oils, and flaxseed oil. Alpha-linolenic acid is also called as the eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) and is similar to omega 3fatty acids present in the fish oils. It is necessary in the human body for consistent metabolic activities as it cannot generate these acids alone. Thus, the market related to the alpha linolenic acid is expected to rise due to its health benefits and nutritional values.
Global Alpha Linolenic Acid Market Dynamics
Drivers
- Growing investments in the production sector
The primary factor driving the alpha linolenic acid market is rising investments in the production sector among various end-users all over the world. The key manufacturers are focusing on the expansion of their production to increase their production capabilities owing to significant rise in the demand for the alpha linolenic acid for various purposes such as personal care, food and pharmaceuticals and amongst the other end-user industries. All these factors are fuelling the growth of the alpha linolenic acid market.
- Rising usage of the product
The rise in the use of the alpha linolenic acid in industries is driving the growth of then market over the forecasted period. The alpha linolenic acid inhibits melanin production and reduces hyperpigmentation. Its anti-inflammatory property is beneficial for blemish-prone skin and improve hyperpigmentation. All these factors are fuelling the growth of the alpha linolenic acid market.
Opportunities
- Rising demand in end user industries
Increased alpha linolnic acid market consumption for certain health issues such as heart and blood vessels, hardening of the arteries, certain heart diseases and high blood pressure. It is also used for reducing blood clots generated in the vessels. The increased consumption of alpha linolenic acid in a wide range of applications such as personal care, cosmetics, food and beverages, and other segments have created many lucrative opportunities for the alpha linolenic acid market.
Restraints
- High cost
The easy availability of the product substitute and the high production cost will be major restraints on the growth of the alpha linolenic acid market within the forecasted period.
This alpha linolenic acid market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the alpha linolenic acid market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Alpha Linolenic Acid Market
The covid-19 has badly impacted nearly every end-users industry due to the lockdowns initiated protocols by the government during the pandemic. The supply chain and the manufacturing units were affected badly during the pandemic though this differed from industry to industry. However, the food and beverages sector suffered a huge rise in the pandemic and the post-pandemic era due to the large supply and the manufacturing demands among the consumers. The alpha linolenic acid market was hence recovered as the supply demands increased across the globe for high natural and organic food supplements due to the concerned population regarding the health and nutritional benefits of the products related to alpha linolenic acid.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Alpha Linolenic Acid Market Scope
The alpha linolenic acid market is segmented on the basis of source and applications. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Source
- Seed
- Nut
- Vegetable Oil
- Others
Applications
- Food
- Dietary Supplements
- Pharmaceuticals
- Cosmetics and Personal Care
- Slimming Products
- Others
Alpha Linolenic Acid Market Regional Analysis/Insights
The alpha linolenic acid market is analysed and market size insights and trends are provided by source and applications as referenced above.
The countries covered in the alpha linolenic acid market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the alpha linolenic acid market because of rising disposable incomes of people along with increased demands for functional foods and health supplements within the region
Asia-Pacific is expected to grow within the forecasted period from 2022 to 2029 due to the growth of various end-user industries within the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Alpha Linolenic Acid Market Share Analysis
The alpha linolenic acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to alpha linolenic acid market.
Some of the major players operating in the alpha linolenic acid market are:
- BASF SE (Germany)
- DSM (Netherlands)
- Croda International Plc (U.K.)
- KD Pharma Group SA (Germany)
- Golden Omega S.A. (Chile)
- Suzhou Fushilai (China)
- MTC Industries (U.S.)
- GeroNova Research, Inc. (U.S.)
- Source Naturals (U.S.)
- HiMedia Laboratories (India)
- AlzChem Group AG (Germany)
- Sabinsa. (U.S.)
- Life Extension (U.S.)
- Swanson (U.S.)
- Cambridge Commodities (U.K.)
- toyohakko Co., Ltd. (Japan)
- Eastman Chemical Company (U.S.)
- Cayman Chemical (U.S.)
- Merck KGaA (Germany)
- Monsanto (U.S.)
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