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Linolenic Acid Market Size

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Report ID: 2936
Published Date: Sep 23, 2024
Report Format: PDF, PPT

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Linolenic Acid Market Size

Linolenic Acid Market size was valued at USD 71.83 million in 2023 and is anticipated to exceed USD 209.94 million by the end of 2036, registering over 8.6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of linolenic acid is evaluated at USD 76.77 million.

The growth of the market can be attributed to factors such as the growing demand for nutritional and functional dietary supplements across the globe and increasing emphasis to use natural ingredients in food. In addition to these, rising usage of linolenic acid for the treatment of several cardiovascular diseases is also anticipated to drive linolenic acid market growth in the coming years.

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Browse Key Market Insights with Data Illustration:

Linolenic Acid Market Size & Share, Growth Trends 2036

Author Credits: Rajrani Baghel

Report ID: 2936
Published Date: Sep 23, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rapidly growing number of health and dietary benefits associated with the linolenic acid are the key factors driving market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

High cost of the linolenic acid as compared to its substitutes is estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to the growing adoption of linolenic acid in various end-use industries.

The major players dominating the linolenic acid market are BASF SE, DSM, Croda International Plc, Inc., Cayman Chemical, and Merck KGaA among others.

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