Latin America Arachidonic Acid Market is worth USD xx million in 2022 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2028. The Latin America Arachidonic Acid market is developing at an exceptionally quick pace.
Arachidonic acid is a polyunsaturated omega 6 fatty acid. Along with docosahexaenoic acid (DHA), helps in infant brain development. It is one of the essential acids in omega 6 group as it is stored in cell membranes and it sends signals if there is any muscle damage. Arachidonic acid is mainly used by people involved in sports, bodybuilders and weightlifters etc. Athletes need sufficient amount of arachidonic acid in their body, lack of which results in decline of their performance. The lack of arachidonic acid is compensated by taking tablets, syrups or injections rich in arachidonic acid. These acid helps in healing critical injuries.
The significant driver is the regulatory approval for ARA in infant foods and rising demand of infant foods due to child care awareness. Also rise in demand for products which heal critical injuries is going to boost this industry in developed and developing nations. However, huge costs of investment and high costs of production, are proving to be a major restraint limiting the growth of this industry market.
The Latin America Arachidonic Acid market is segmented on the basis of technology, application type and region. Based on technology the market is segmented into solvent extraction and solid phase extraction. Based on application the market is segmented into food and pharmaceuticals. Food is further segmented into infant nutrition and dietary supplement.
Geographically the Latin America Arachidonic Acid Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. The rising focus of key players on enhancing their market presence across the globe is estimated to encourage the growth of the market in the Latin America regions.
Key Players in the Market:
Major Key Players in the Latin America Arachidonic Acid Market are
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