Press release
Global Caprylic Acid Market Forcast To Grow At CAGR Of 6.50% Between 2017-2021
About Caprylic Acid Market
Caprylic acid or octanoic acid consists of eight-carbon saturated fatty acid. Caprylic acid can be found in the milk of many mammals, palm oil (3%-5%), and coconut (5%-8%). It is minutely soluble in water and has a rancid smell and taste. Caprylic acid has antimicrobial properties that restrain the growth of microbes such as bacteria, fungi, and algae. It has proved to be beneficial in fighting Candida fungi. In addition, it oxidizes fat component in the body, which enables to burn excess calories and helps in losing weight.
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Technavios analysts forecast the global caprylic acid market to grow at a CAGR of 6.50% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global caprylic acid market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Caprylic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Forchem Oyj
IOI Corporation
Kuala Lumpur Kepong
Oleon
Wilmar International
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Other prominent vendors
Acme Chem
Ecogreen Oleochemicals
Hallstar
Pacific Oleochemicals
P&G Chemicals
Solazyme
VVF
Market driver
Increasing promotion by governments
For a full, detailed list, view our report
Market challenge
Uncertainty about long-term effects of caprylic acid
For a full, detailed list, view our report
Market trend
Growing demand in food and drug segment
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
PART 05: MARKET LANDSCAPE
Market overview
Market size and forecast
Five forces analysis
PART 06: MARKET SEGMENTATION BY APPLICATION
Global caprylic acid market by application
Global caprylic acid market by personal care and cosmetics
Global caprylic acid market by food and beverages
Global caprylic acid market by pharmaceuticals
Global caprylic acid market by others
PART 07: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Americas market size & forecast
APAC market size & forecast
EMEA market size & forecast
Market opportunity
PART 08: DECISION FRAMEWORK
PART 09: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 10: MARKET TRENDS
Growing demand in food and drug segment
Increasing usage as an hydrophobe
Increasing usage of caprylic acid
PART 11: VENDOR LANDSCAPE
Competitor landscape
Other prominent vendors
PART 12: KEY VENDOR ANALYSIS
Forchem Oyj
IOI Corporation
Kuala Lumpur Kepong
Oleon
Wilmar International
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