LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement intelligence advisory firm, has announced the release of their ‘Arachidonic Acid Market Procurement Research Report.’ The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the chemicals industry. This report breaks down the data and analysis behind the procurement of arachidonic acid and acts as an all-inclusive guide for making smart purchasing decisions.
“The increasing demand from the dietary supplement and infant nutrition markets will drive the growth of the arachidonic acid market,” says SpendEdge procurement analyst Bhuvaneshwari Udayakumar. “Also, the US and Canada are the key countries driving the ARA market in North America as they are considered as the highest consumers of dietary nutrient supplements,” added Bhuvaneshwari.
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Procurement analysts at SpendEdge highlight the following top three market trends that are contributing to the growth of the Global Arachidonic Acid Market:
- Emergence of new sources of ARA
- Use of process innovations to improve acid concentration
- Increasing awareness about advantages of ARA supplementation
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Emergence of new sources of ARA
ARA for commercial use was primarily produced using Mortierella Alpina fungus, which usually resulted in low yield per culture. This provides the buyers a renewable and sustainable source for ARA and also lowers the cost for ARA for buyers.
Use of process innovations to improve acid concentration
In the ARA market, the commercial production of ARA is primarily done by extracting oil from fungus. The higher concentration of ARA derived from the fungus can resolve some sustainability concerns.
Increasing awareness about advantages of ARA supplementation
The growing awareness about the positive effects of ARA will increase the demand for dietary supplements that contain ARA. Also, this increase would provide volume growth opportunities for suppliers.
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