Linolenic Acid Market Trends

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

Linolenic Acid Market Trends

Growth Drivers

  • Rapidly Increasing Demand from the Food & Nutrition Sector
  • Growing Adoption for Treatment of Various Cardiovascular Diseases

Challenges

  • High Price Associated with the Compound

Linolenic Acid Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

8.6%

Base Year Market Size (2023)

USD 71.83 million

Forecast Year Market Size (2036)

USD 209.94 million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


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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