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Global Fatty Acid Market is estimated to reach USD 45.45 Billion by 2026

04-24-2019 01:59 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

Global Fatty Acid Market is estimated to reach USD 45.45 Billion

Global Fatty Acid Market is estimated to reach USD 45.45 Billion by 2026 according to a new report published by Polaris Market Research. Fatty acids are carboxylic group-carbon compounds with large number of derivatives. The global fatty acid market is mainly driven by its application in healthcare and food & beverage industry. These are also used widely as an intermediate in the formation of other chemical compounds and is used increasingly in different applications due to its renewable raw materials.Fatty acids are obtained from different vegetable-based oils such as coconut, tallow, palm kernel, sunflower, and soybean. Among these raw materials, different oils have distinct concentration of types of fatty acids. Such as coconut oil has higher content of lauric acid, whereas palm kernel oil has higher concentration of stearic and palmitic acid.

Food & beverage is one of the major application segments for the fatty acids. Rising disposable income and increased spending on fast food & bakery products in the both the developing and developed nations has led to significant growth of the food industry. Consumer awareness and spending on the healthcare products have also risen sharply in the recent past. This has led to increased usage of fatty acids in the dietary supplements.
Omega-3 and Omega-6 based dietary supplements are consumed by substantial portion of the population as these are known to lower risk for the chronic diseases. Rapidly growing urbanization in the middle-income countries and growth of personal care products due to the large demand from such countries has also resulted in increased consumption of fatty acids in personal care products & toiletries.

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The initiatives taken by the government and health agencies to improve human nutrition, especially among the lower-income group has been a supportive measure for the growth of dietary supplements. Renewable-based raw materials, advancements in materials technology, and rapidly growing applications are the major driving factors for the global fatty acids market.Asia Pacific is the largest regional market for the fatty acids. Indonesia, Malaysia, Philippines, and India are the major contributing nations towards its growth. These countries have abundant availability of the raw materials for fatty acids. China and India are among the major consumers of the fatty acids. North America and Europe are the second and third largest fatty acid markets respectively.

The global fatty acids market is highly competitive and moderately consolidated. High degree of vertical integration is a significant phenomenon in the fatty acids market. Some of the key fatty acids market players include BASF SE, Eastman Chemical Corporation, Ashland Inc, Vantage Oleochemicals, Godrej Industries, Oleon, Akzo Nobel, and Arizona Chemicals.
Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology

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1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Fatty Acid Market Insights
3.1. Fatty Acid industry snapshot
3.2. Fatty Acid value chain & distribution analysis
3.3. Fatty Acid production trends and further capacity expansion analysis
3.4. Fatty Acid market dynamics
3.4.1. Fatty Acid Market driver analysis
3.4.2. Fatty Acid Market restraint/challenges analysis
3.4.3. Fatty Acid Market opportunity analysis
3.5. Industry analysis - Porter's five force
3.6. Fatty Acid market PEST analysis, 2017
3.7. Fatty Acid industry trends
3.8. Competitive company ranking analysis
4. Fatty Acid Market Size and Forecast, By Type
4.1. Key Findings
4.2. Saturated
4.3. Monounsaturated
4.4. Polyunsaturated
4.5. Trans Fats

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About Us

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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