The fatty acids market has seen considerable growth due to a variety of factors.
• In the past few years, the fatty acids market has experienced robust growth. It is projected to inflate from $98.26 billion in 2024 to $107.96 billion in 2025, with a compound annual growth rate (CAGR) of 9.9%.
The historic growth is due to economic advancements in developing markets, amplified demand for cosmetics and personal care products, increase in uses of caprylic fatty acids, more health applications, and burgeoning plastics and rubber industries.
The fatty acids market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for substantial growth in the fatty acids market size in the upcoming years. It is predicted to escalate to a value of $150.08 billion in the year 2029, with a compound annual growth rate (CAGR) of 8.6%.
This projected expansion during the forecast period can be due to increased demand from a growing population and a heightened awareness in health matters. The forecast period is also set to witness significant trends such as the increasing use of recycled raw materials in the production of fatty acids, business mergers and acquisitions, strategic alliances, and launches of new products.
The growth of the fatty acids market is being fuelled by increasing consumer interest in cosmetics and personal care items. These acids serve as the cosmetics industry's emollients and emulsifiers, delivering nourishment and calm to the skin. They are incorporated into a wide range of skincare products, including creams, lotions, shampoos, and lipsticks. Fatty acid esters like triglycerides, phospholipids, and cholesterol esters are frequently found in cosmetics as moisturizers and thickening agents. The perpetual growth in the beauty market, amounting to an annual rate of 3% to 5%, has been highlighted by French beauty corporation, Coty. Coty also envisions its net revenue escalating by 6% to 8% annually till 2025. The market for fatty acids has been propelled in the review period, as the demand surged for cosmetics and personal care products.
The fatty acids market covered in this report 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, Animal Fat
4) By End User Industry: Household, Cosmetics, and Personal Care, Soap and Detergent, Oilfield, Rubber and Plastic, Lubricants, Other End-user Industries
Subsegments:
1) By Unsaturated Fatty Acids: Monounsaturated Fatty Acids (MUFA), Polyunsaturated Fatty Acids (PUFA), Essential Fatty Acids
2) By Saturated Fatty Acids: Palmitic Acid, Stearic Acid, Lauric Acid, Myristic Acid
The heightened understanding of health matters has triggered a surge in the use of omega fatty acid supplements. These essential nutrients, abundant in fish oils, play a crucial role in the human body’s functioning. Omega-3 supplements can offer relief for rheumatoid arthritis symptoms and can also serve as dietary or medicinal supplements. The consumption of Omega-3 and Omega-6 fatty acids aids in fighting off illnesses, bolstering cardiovascular health, supporting a healthy metabolism, alleviating joint pain and inflammation, and enhancing brain functionality, among other benefits. As per the World Health Organization (WHO), cardiovascular diseases claim the lives of 17.9 million people globally each year. Therefore, the growing consciousness about health issues, particularly heart diseases, is predicted to foster the fatty acids market.
Major companies operating in the fatty acids market include:
• BASF SE
• LG Household & Health Care Ltd.
• Kraton Corporation
• Royal DSM
• Cargill. Incorporated
• Evonik Industries
• Eastman Chemical Company
• Croda International Plc
• Omega Protein Corporation
• AAK
• Fairchem
• Divine Oleoformulations (India) LLP
• Australian Chemical Industries Int Co.
• Jayant Oils And Derivatives Ltd.
• Subhash Chemicals Industries Pvt Ltd
• Atlas Chemicals
• Guangdong Jiangmen Chemical Plant
• Shanghai Yan'an Grease Chemical Co. Ltd
• Gysmecol (Guangzhou) Technology Co. Ltd.
• Akzonobel NV
• Aker BioMarine
• Oleon NV
• Emery Oleochemicals GmbH
• Kao Oleochemical
• Ashland Global Specialty Chemicals Inc.
• The Chemical Company
• ChemCeed LLC
• FoodScience LLC
• Reagents
• GJ Chemical
• Jedwards International. Inc.
• Welch Holme & Clark Co. Inc.
• SAE Manufacturing Specialties Corp
• AKSH Industries. Inc.
• Norman
• Fox & Co.
• Monson Companies. Inc.
• Mallinath Group
• MSD OLEO FZC
• Vantage Oleochemicals
• SI Group. Inc.
Asia-Pacific was the largest region in the fatty acids market in 2024. North America was the second-largest region in the global fatty acids market. The regions covered in the fatty acids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa