Booming at an impressive CAGR of 4.7%, the global gamma linolenic acid market is projected to grow from a valuation of USD 20 million in 2022 to USD 31.6 million by 2032.
The demand for gamma linolenic acid is surging globally owing to the increasing adoption of healthy lifestyle amongst consumers. Gamma linolenic acid acts as omega-6 which is essential for maintaining heart health. Gamma linolenic acid can be integrated organically by humans, or several food ingredients can be consumed to meet the desired requirements.
Report Attribute | Details |
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Gamma Linolenic Acid Market Value (2022) | USD 20 Million |
Gamma Linolenic Acid Market Anticipated Forecast Value (2032) | USD 31.6 Million |
Gamma Linolenic Acid Market Projected Growth Rate (2022-2032) | 4.7% |
The sales of Gamma Linolenic Acid (GLA) are surging due to its several medicinal properties. Gamma linolenic acid is polyunsaturated fatty substance and has a vital function in maintaining human health. This substance is found in several plant seed oils such as evening primrose, borage, and black currant.
There is an increase in the demand for gamma linolenic acid as majority population use this substance for conditions such as eczema (atopic dermatitis), diabetes (diabetic neuropathy), high blood pressure, arthritis, and several other health conditions. However, there exists no firm scientific evidence to back these uses and their effectiveness.
Our body does not generate omega-6 fatty acids, and therefore, they are obtained through various supplements and diets. Besides heart health, omega-6 fatty acids are also used for insulin utilization and mood balance. When gamma linolenic acid is consumed, the body converts it into a particular which alleviates any inflammation.
The gamma linolenic acid market growth is flourishing owing to its use in several industries and in pharmaceutical, dietary supplements, animal nutrition, cosmetics, and food and beverage industries.
Gamma linolenic acid is used in the treatment of medical conditions such as high cholesterol, metabolic syndrome, diabetic nerve pain, chronic fatigue syndrome, deficit-hyperactivity disorder, and for polyps in the mouth.
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Rising prevalence of rheumatoid arthritis is predicted to promote the demand for gamma linolenic acid, and this is helping the growth of global gamma linolenic acid market. In 2017, the Arthritis Foundation published a study which stated that approximately 54.4 million Americans are suffering from doctor-diagnosed arthritis.
In arthritis, swelling and pain in joints is the most common symptoms. In such cases, consuming gamma linolenic acid is an effective option as it decreases inflammation and helps in preventing arthritis. Amongst the global consumers awareness related to health is on the rise and there has been a huge alteration in their lifestyle. This factor is said to boost the growth of gamma linolenic acid market.
Nowadays, consumers are preferring products which have natural and nutritive ingredients and offer health benefits. Therefore, as the number of arthritis cases increases, the demand for gamma linolenic acid induced products is anticipated to rise.
Since the human body does not synthesize gamma linolenic acid, we must rely on external sources to meet the requirements of the human body. There occur some metabolic changes in the body due to the deficiency of gamma linolenic acid. Hence, the reliance on external source to fulfil the gamma linolenic acid requirement is anticipated to be one of the factors responsible for the growth of global gamma linolenic acid market.
During the forecast period, the market share of gamma linolenic acid is said to flourish owing to its numerous health benefits. This substance is also used as a medication in several health conditions such as menopause, eczema, and allergies. Moreover, consuming gamma linolenic acid reduces the symptoms associated with nerve damage in diabetic patients.
Certain studies have proven that gamma linolenic acid assists in slowing the tumour growth and additionally helps in enhancing the effectiveness of some anti-cancer drugs. All these abundant benefits of this substance are projected to rise the demand in the pharmaceutical and dietary supplement.
In some cases, side effects linked to the over consumption of gamma linolenic acid could be a restraining factor of the global market.
The Arthritis Foundation says that by the year 2040, the number of individuals in the United States suffering from doctor-diagnosed arthritis is forecasted to increase by 49% and impact nearly 78.4 million population in the USA The increasing prevalence of arthritis in North America is anticipated to have a lucrative impact on the gamma linolenic acid market.
From the past few years, the USA and European based cosmetic manufacturers have been striving to raise their profit margins. One of the prime business tactics followed by them is business process outsourcing.
Developing countries like India, China, Indonesia, etc., in the Asia Pacific regions have been proven to be production hubs by most of the pharmaceutical and cosmetic manufacturers. This has resulted in the demand for raw materials in this region. Gamma linolenic acid finds its major demand in the Asia Pacific markets.
A few of the key players in the gamma linolenic acid market include Merck KGaA, Enzo Life Sciences, Inc., Cayman Chemical, Thermo Fisher Scientific, Cherish Pharma, Changsha Vigorous-Tech, Charkit Chemical, Penta Manufacturing, Acme, Cailà & Parés.
In January 2022, the world leader in serving science, Thermo Fisher Scientific Inc., and Pepro Tech, Inc., announced its acquisition of Pepro Tech in December 2021, for a total cash purchase price of around USD1.85 billion.
Market manufacturers of many industries are said to aim on creating products which assist in delivering an efficient solution for arthritis. The manufacturers of gamma linolenic acid have opportunities to enhance the promotional and marketing strategies. This will result in more awareness pertaining to health benefits of gamma linolenic acid and additionally increase its use in several end use industries.
Report Attribute | Details |
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Growth Rate | CAGR of 3.4% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Nature, Form, End Use, Region |
Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
Key Companies Profiled | Merck KGaA; Enzo Life Sciences, Inc.; Cayman Chemical; Thermo Fisher Scientific; Cherish Pharma; Changsha Vigorous to Tech; Charkit Chemical; Penta Manufacturing; Acme; Cailà & Parés. |
Customization | Available Upon Request |
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The global gamma linolenic acid market is set to advance at a CAGR of 4.7% from 2022 to 2032.
Gamma linolenic acid market is projected to hold a market share of USD 31.6 million by 2032.
Some of the key players holding major global gamma linolenic acid market share are Merck KGaA, Enzo Life Sciences, Inc., Cayman Chemical, Thermo Fisher Scientific, Cherish Pharma, Changsha Vigorous-Tech, Charkit Chemical, Penta Manufacturing, Acme, Cailà & Parés.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Gamma Linolenic Acid Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Gamma Linolenic Acid Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Nature 5.1. Organic 5.2. Conventional 6. Global Gamma Linolenic Acid Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Form 6.1. Powder 6.2. Liquid 7. Global Gamma Linolenic Acid Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-use 7.1. Food and Beverage 7.2. Dietary Supplements and Functional Foods 7.3. Pharmaceutical Industry 7.4. Cosmetic and Personal Care 7.5. Animal Nutrition 8. Global Gamma Linolenic Acid Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. South Asia & Pacific 8.6. MEA 9. North America Gamma Linolenic Acid Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Gamma Linolenic Acid Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Gamma Linolenic Acid Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. East Asia Gamma Linolenic Acid Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. South Asia & Pacific Gamma Linolenic Acid Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. MEA Gamma Linolenic Acid Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 15. Key Countries Gamma Linolenic Acid Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Merck KGaA 17.2. Enzo Life Sciences, Inc. 17.3. Cayman Chemical 17.4. Thermo Fisher Scientific 17.5. Cherish Pharma 17.6. ACME 17.7. Caila and Pares 17.8. DSM 17.9. Synerzine 18. Assumptions & Acronyms Used 19. Research Methodology
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