Fatty Acid Market To Increase At Steady Growth Rate Till 2028
Growth in awareness towards the consumption of sustainable products owing to the rise in health consciousness is driving the fatty acids market.
Reports and Data’s latest industry analysis report titled ‘Global Fatty Acid Market’ provides the reader with an exhaustive overview of the Fatty Acid industry. The report is inclusive of a concise market summary and contains market projections based on the present market situation, current market size, and revenue growth rate. The report elaborates on the key market dynamics including market growth drivers, opportunities, threats, and challenges. In this report, market analysts at Reports and Data have emphasized the ever-changing market growth patterns and the dynamic environment of the industry. Key attractions of the report include List of Tables and Figures, Research Methodology, Competitive Landscape, Regional Analysis, Technological Breakthroughs, and Future Market Developments.
These acids can be differentiated by their long aliphatic chains, which are saturated or unsaturated. Fatty acids are of different types with a wide array of applications in end-user industries. These acids are obtained from soybean, coconut, palm kernel oil (PKO), fractional distillation of crude tall oil, and hydrolysis of tallow.
Factors responsible for the growth of the market are growth in the rubber and plastics industries in the emerging nations. The growth in the personal care industry is also propelling the demand for the market. Fatty acids can be used from cosmetics to toiletries. Some common fatty acids suitable for toiletries and cosmetic applications are lauric acids, stearic acids, and oleic acids.
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Further key findings from the report suggest
- Increase in the consumption of dietary supplements and functional foods are also expected to drive the market during the forecast period. Consumers are opting for dietary supplements rather than high price medicines to take better care of their health.
- Poly-unsaturated fatty acids (PUFAs), Omega-6, and Omega-3 fatty acids are significantly used in the healthcare industry due to their diverse health-related benefits. These fatty acids are used as drugs and dietary supplements. The potential efficiency in the treatment of kidney lung disorder, coronary disease, and blood pressure, propelled the demand for the market.
- A lot of efforts are being put into research in the fatty acids. Progress has been made in breeding soybeans to contain different varieties of fatty acid profiles so that soybeans can be produced with specific fatty acid arrangements.
Top Companies Profiled in the Report: FMC Corporation, Koninklijke DSM NV, Croda International PLC, BASF SE, The Dow Chemical Company, Omega Protein Company, Cargill, Incorporated, Aker Biomarine AS, Polaris Nutritional Lipids, and Enzymotec Ltd., among others.
Regional Outlook
The key regions covered in the report are as follows:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Segmentation:
Product Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)
OMEGA-3
OMEGA-6
OMEGA-7
OMEGA-9
Form Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)
Oil
Syrup
Powder
Others
Source Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)
Marine
Vegetable Oils
Nuts and Seeds
Soy and Soy Products
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)
Oilfield
Food and Beverage
Animal Feed
Dietary Supplements
Lubricants
Cosmetics
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Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Fatty Acid market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline
- Global Growth Trends
2.1 Global Fatty Acid market size
2.2 Latest regional market trends
2.3 Emerging growth trends
- Competitive Outlook
3.1 Global Fatty Acid market key players
3.2 Global Fatty Acid size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Fatty Acid market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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