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Fatty Acids Market 2022 - Industry Trends, Growth, Size And Forecast To 2031
The global fatty acids market report by the business research company identifies rising demand for cosmetics and personal care products. Fatty acids are the emollients and emulsifiers in the cosmetics industry, used to replenish and soothe the skin. It is used as an ingredient in a variety of skincare products such as creams, lotions, shampoos, and lipsticks. Esters of fatty acids such as triglycerides, phospholipids, and cholesterol esters are commonly used in cosmetics as skin hydrants and thickeners. According to Statista, in 2019 the Beauty and Personal Care market realized a revenue of $505 billion worldwide. The rising demand for cosmetics and personal care products increased the demand for fatty acids, thus driving the market during the period.The global fatty acids market size is expected to grow from $73.95 billion in 2021 to $80.36 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The global fatty acids market size is expected to grow to $107.96 billion in 2026 at a CAGR of 7.7%.
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Asia Pacific was the largest region in the fatty acids market in 2021. North America was the second-largest region in the global fatty acids market. The regions covered in the global fatty acids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players in the fatty acids market are BASF SE, FMC Corporation, The Dow Chemical Company, Koninklijke Dsm Nv, Enzymotec Ltd, Croda International Plc, Omega Protein Corporation, Aker Biomarine As, Polaris Nutritional Lipids, and Cargill, Incorporated.
The global fatty acids is segmented -
1) By Product Type: Unsaturated Fatty Acids, Saturated Fatty Acids
2) By Form: Oil, Capsule, Syrup, Powder
3) By Source: Vegetable Oils, Marine, Nuts and Seeds, Soy and Soy Products
4) By End User Industry: Household, Cosmetics, and Personal Care, Soap and Detergent, Oilfield, Rubber and Plastic, Lubricants, Other End-user Industries
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The Fatty Acids Market Report Contents Include
1. Executive Summary
2. Fatty Acids Market Characteristics
3. Fatty Acids Market Trends And Strategies
4. Impact Of COVID-19 On Fatty Acids
5. Fatty Acids Market Size And Growth
....
27. Fatty Acids Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fatty Acids Market
29. Fatty Acids Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the fatty acids market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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