Global Fatty Acids Market Report 2024

Fatty Acids Global Market Report 2023 – By Product Type (Unsaturated Fatty Acids, Saturated Fatty Acids), By Form (Oil, Capsule, Syrup, Powder), By Source (Vegetable Oils, Marine, Nuts and Seeds, Soy and Soy Products), By End User Industry (Household, Cosmetics, and Personal Care, Soap and Detergent, Oilfield, Rubber and Plastic, Lubricants, Other End-user Industries) – Market Size, Trends, And Global Forecast 2023-2032

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Fatty Acids Market

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Fatty acids are carboxylic acids that act as energy for muscles, the heart, and other organs as building blocks for fats in the human body and also as an agent that manages inflammation in the body. Fatty acids comprise a straight chain of an even number of carbon atoms with hydrogen atoms along the length of the chain and at one end of the chain and a carboxyl group (COOH) at the other end.

The main product types of fatty acids are unsaturated fatty acids and saturated fatty acids. Saturated fatty acids (SFA) are fatty acids that contain no double bonds and have the formula R-COOH. The R-group is a straight-chain hydrocarbon of the form CH3(CH2)n with varying lengths, ranging from short-chain lengths (volatile liquids) to chain lengths of 30 or more carbon atoms (waxy solids). The forms are oil, capsule, syrup, powder. The sources are vegetable oils, marine oils, nuts and seeds, soy and soy products. End-user industries include household, cosmetics and personal care, soap and detergent, oilfield, rubber and plastic, lubricants, and others.

The global fatty acids market 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

The global fatty acids market size will grow from $82.09 billion in 2022 to $89.7 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global fatty acids is expected to grow from $123.61 billion in 2027 at a CAGR of 8.3%.

The fatty acids market is being driven by the 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 Coty, a French beauty company, the beauty market has been constantly growing at 3% to 5% every year. Coty also forecasts that its net revenue will grow by 6% to 8% each year through 2025. The rising demand for cosmetics and personal care products increased the demand for fatty acids, thus driving the fatty acids market during the period.

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.

Biological effects due to fatty acid deficiency are a major restraint in the fatty acid market. Biological effects such as blood pressure, stroke, coronary artery disease, inflammation, and various other diseases may occur due to insufficient intake of fatty acids such as alpha-linolenic acid (ALA) and gamma-linolenic acid (GLA). These two fatty acids are necessary and must be included in the diet. Fatty acid deficiency is most commonly observed in infants. The deficiency results in scaly dermatitis, alopecia, thrombocytopenia, and intellectual disability in children. In the US, according to the National Institutes of Health, deficiency of essential fatty acids such as omega-3s and omega-6s can lead to rough, scaly skin and dermatitis.

Due to rising awareness regarding health, omega fatty acid supplements are increasingly being used. Omega fatty acids are present extensively in fish oils and are vital ingredients for the human body. Omega-3 supplements can help relieve rheumatoid arthritis symptoms and can also be used as dietary supplements or medicinal supplements. The use of Omega-3 fatty acids and Omega-6 fatty acids helps to combat diseases and improve cardiovascular health, promote healthy metabolism, reduce pain and inflammation in joints, increase optimal brain function, etc. According to the World Health Organization (WHO), 17.9 million people in the world die every year due to cardiovascular diseases. Therefore, rising awareness regarding health issues, especially for heart diseases, is expected to drive the fatty acids market.

In July 2020, Croda, a UK-based specialty chemicals company, acquired Avanti Polar Lipids for an undisclosed amount. This acquisition of Avanti combines with Croda to expand life sciences products, pharmaceutical services, and cGMP production capabilities for biotechnology, pharmaceutical, and life science research customers globally. Avanti Polar Lipids is a US-based biotechnology company.

Asia-Pacific was the largest region in the fatty acids market in 2022. North America was the second-largest region in the fatty acids market report. The regions covered in the fatty acids analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the fatty acids market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia.

The fatty acids market consists of the sales of monounsaturated, polyunsaturated, and trans fats. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The fatty acids market research report is one of a series of new reports from The Business Research Company that provides fatty acids market statistics, including fatty acids industry global market size, regional shares, competitors with a fatty acids market share, detailed fatty acids market segments, market trends and opportunities, and any further data you may need to thrive in the fatty acids industry. The fatty acids market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

    Table Of Contents

    1. Executive Summary

    2. Fatty Acids Market Characteristics

    3. Fatty Acids Market Trends And Strategies

    4. Fatty Acids Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Fatty Acids Market

    4.2 Ukraine-Russia War Impact On Fatty Acids Market

    4.3 Impact Of High Inflation On Fatty Acids Market

    5. Fatty Acids Market Size And Growth

    5.1. Global Fatty Acids Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Fatty Acids Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Fatty Acids Market Segmentation

    6.1. Global Fatty Acids Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Unsaturated Fatty Acids

    Saturated Fatty Acids

    6.2. Global Fatty Acids Market, Segmentation By End User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Household, Cosmetics, and Personal Care

    Soap and Detergent

    Oilfield

    Rubber and Plastic

    Lubricants

    Other End-Use Industries

    6.3. Global Fatty Acids Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Oil

    Capsule

    Syrup

    Powder

    6.4. Global Fatty Acids Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Vegetable Oils

    Marine

    Nuts and Seeds

    Soy and Soy Products

    7. Fatty Acids Market Regional And Country Analysis

    7.1. Global Fatty Acids Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Fatty Acids Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Fatty Acids Market

    8.1. Asia-Pacific Fatty Acids Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Fatty Acids Market

    9.1. China Fatty Acids Market Overview

    9.2. China Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Fatty Acids Market

    10.1. India Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Fatty Acids Market

    11.1. Japan Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Fatty Acids Market

    12.1. Australia Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Fatty Acids Market

    13.1. Indonesia Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Fatty Acids Market

    14.1. South Korea Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Fatty Acids Market

    15.1. Western Europe Fatty Acids Market Overview

    15.2. Western Europe Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Fatty Acids Market

    16.1. UK Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Fatty Acids Market

    17.1. Germany Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Fatty Acids Market

    18.3. France Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Fatty Acids Market

    19.1. Eastern Europe Fatty Acids Market Overview

    19.2. Eastern Europe Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Fatty Acids Market

    20.1. Russia Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Fatty Acids Market

    21.1. North America Fatty Acids Market Overview

    21.2. North America Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Fatty Acids Market

    22.1. USA Fatty Acids Market Overview

    22.2. USA Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Fatty Acids Market

    23.1. South America Fatty Acids Market Overview

    23.2. South America Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Fatty Acids Market

    24.1. Brazil Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Fatty Acids Market

    25.1. Middle East Fatty Acids Market Overview

    25.2. Middle East Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Fatty Acids Market

    26.1. Africa Fatty Acids Market Overview

    26.2. Africa Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Fatty Acids Market Competitive Landscape And Company Profiles

    27.1. Fatty Acids Market Competitive Landscape

    27.2. Fatty Acids Market Company Profiles

    27.2.1. BASF SE

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Fmc Corporation

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. The Dow Chemical Company

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Koninklijke Dsm Nv

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Enzymotec Ltd.

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Fatty Acids Market

    29. Fatty Acids Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Fatty Acids Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Fatty Acids Market, Segmentation By End User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Fatty Acids Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Fatty Acids Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Fatty Acids Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Global Fatty Acids Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: Asia-Pacific, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: China, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: India, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: Japan, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Australia, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: Indonesia, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: South Korea, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: Western Europe, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: UK, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: Germany, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: France, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Eastern Europe, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: Russia, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: North America, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: USA, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: South America, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: Brazil, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Middle East, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: Africa, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 28: BASF SE Financial Performance
  • Table 29: Fmc Corporation Financial Performance
  • Table 30: The Dow Chemical Company Financial Performance
  • Table 31: Koninklijke Dsm Nv Financial Performance
  • Table 32: Enzymotec Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Fatty Acids Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Fatty Acids Market, Segmentation By End User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Fatty Acids Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Fatty Acids Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Fatty Acids Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Global Fatty Acids Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: Asia-Pacific, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: China, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: India, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: Japan, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Australia, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: Indonesia, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: South Korea, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: Western Europe, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: UK, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: Germany, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: France, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Eastern Europe, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: Russia, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: North America, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: USA, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: South America, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: Brazil, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Middle East, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: Africa, Fatty Acids Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 28: BASF SE Financial Performance
  • Figure 29: Fmc Corporation Financial Performance
  • Figure 30: The Dow Chemical Company Financial Performance
  • Figure 31: Koninklijke Dsm Nv Financial Performance
  • Figure 32: Enzymotec Ltd. Financial Performance
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