An Global Gamma Linolenic Acid Market Size study, By Nature (Organic, Conventional), By Form (Powder, Liquid), By End Use (Food and Beverage, Dietary Supplements and Functional Foods, Pharmaceutical Industry, Cosmetic and Personal Care

Global Gamma Linolenic Acid Market Size study, By Nature (Organic, Conventional), By Form (Powder, Liquid), By End Use (Food and Beverage, Dietary Supplements and Functional Foods, Pharmaceutical Industry, Cosmetic and Personal Care, Animal Nutrition), and Regional Forecasts 2022-2028

Global Gamma Linolenic Acid Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Gamma Linolenic Acid or γ-linolenic acid extracted from the plant seed oils of evening primrose, black currant, borage, and fungal oils. Gamma linolenic acid (GLA) utilized in the treatment of skin disorders such as including systemic sclerosis, psoriasis, and eczema. GLA is also utilized for reducing inflammation in arthritis. The growing incidences of arthritis and increasing utilization of GLA in the treatment of medical conditions as well as recent strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Centers for Disease Control and Prevention (USA) – 1 in 4 US adults (23.7%) or about 58.5 million individuals are affected with doctor-diagnosed arthritis. Around, 43.5% (23.7 million) of the 58.5 million adults with doctor-diagnosed arthritis have limited daily activities due to their arthritis. Moreover, as per Arthritis Foundation – by the year 2040 the number of adults in the U.S. with doctor-diagnosed arthritis would reach to 78.4 million. Furthermore, leading market players are working towards strategic initiatives including strategic collaboration to leverage the growing demand for Gamma Linolenic Acid. For instance, in January 2021, Victoria, Australia based The Sustainable Nutrition Group entered in a retail distribution agreement with Bella Vista, Australia based national chain of supermarkets and grocery stores Woolworths for its six products from the ‘Mt. Elephant’ range of baking products including plant-based protein pancakes, protein balls and break mixes. Mt. Elephant is flagship brand of The Sustainable Nutrition Group within the Human Nutrition vertical, and its products are based on 100% Australian-grown hemp, and Gamma Linoleic acids. Also, growing prevalence of skin disorders and surging healthcare infrastructure in emerging economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, adverse health effects associated with overconsumption of GLA impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Gamma Linolenic Acid Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing demand for plant-based ingredients and rising incidences of arthritis in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of pharmaceuticals sector and increasing prevalence of skin disorders in the region, would create lucrative growth prospects for the global Gamma Linolenic Acid Market across the Asia Pacific region.

Major market players included in this report are:
Merck KGaA
Enzo Life Sciences, Inc.
Cayman Chemical
Thermo Fisher Scientific
Cherish Pharma
Changsha Vigorous-Tech
Charkit Chemical
Penta Manufacturing
Acme
Cailà & Parés.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Nature:
Organic
Conventional
By Form:
Powder
Liquid
By End Use:
Food and Beverage
Dietary Supplements and Functional Foods
Pharmaceutical Industry
Cosmetic and Personal Care
Animal Nutrition
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Gamma Linolenic Acid Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Merck KGaA
Enzo Life Sciences, Inc.
Cayman Chemical
Thermo Fisher Scientific
Cherish Pharma
Changsha Vigorous-Tech
Charkit Chemical
Penta Manufacturing
Acme
Cailà & Parés.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.