Mexico Arachidonic Acid Market Size & Outlook, 2021-2030
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Mexico arachidonic acid market highlights
- The Mexico arachidonic acid market generated a revenue of USD 14.2 million in 2021 and is expected to reach USD 22.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.5% 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.
Arachidonic acid market data book summary
| Market revenue in 2021 | USD 14.2 million |
| Market revenue in 2030 | USD 22.9 million |
| Growth rate | 5.5% (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, Mexico accounted for 6.7% 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 |
Mexico 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 77.46% in 2021. Horizon Databook has segmented the Mexico arachidonic acid market based on solid, solvent covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico with a market share of more than 27% emerged as the second largest market across the North America arachidonic acid market in 2018. Reduced breastfeeding rate across the country is considered as the most important factor towards increasing the demand for commercial ARA products across the region.
In between 2006-2012, exclusive breastfeeding dramatically decreased from 22.3% to 14.5% in Mexico. Consumption of baby formula products experienced a 4% increase in demand during the same period. Increasing consumption of infant formula owing to the reduced exclusive breastfeeding has created a favorable environment for ARA market growth in recent years.
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Target buyers of Mexico arachidonic acid market databook
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico arachidonic acid market , including forecasts for subscribers. This country databook contains high-level insights into Mexico arachidonic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico arachidonic acid market size, by form, 2018-2030 (US$M)
Mexico Arachidonic Acid Market Outlook Share, 2021 & 2030 (US$M)
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