By 2029, the Natural Fatty Acids Market is expected to reach US $23.87 billion, thanks to growth in the cosmetic and personal care segment. The report analyzes market dynamics by region and end-user industries.Natural Fatty Acids Market Overview:
The Natural Fatty Acids Market was valued at US $16.03 Bn. in 2022, and it is expected to reach US $23.87 Bn. by 2029 with a CAGR of 5.85% during the forecast period. Fatty acids are a form of carboxylic acid that is used as a cosmetic element in creams, lotions, shampoos, and lipsticks, as well as a food supplement in the pharmaceutical industry. Fatty acid esters, such as triglycerides, phospholipids, and cholesterol esters, are commonly derived from vegetable oils, nuts and seeds, and animal fats and are frequently used as skin hydration and thickening agents in cosmetics. Cosmetics and personal care products rely heavily on emollients. Fatty acids are the innovative emollients and emulsifiers in the cosmetics industry, used to nourish and soothe the skin. As per the Global Wellness Institute, the personal care, beauty, and anti-aging market was worth US $1.215 billion in 2018, thanks to rising demand for grooming products and increased awareness of organic products.To know about the Research Methodology :- Request Free Sample ReportKey Trends:
Thermal Energy Storage Improvements. Thanks to its high latent heat capacity, fatty acids are frequently used as phase change materials (PCM) for thermal energy storage. PCMs are found in building ceilings and walls, as well as cold and heat storages, where they store heat or cold simultaneously when the ambient temperature rises or decreases. Because of their cost-effectiveness and abundance in nature, they are widely used. Omega Fatty Acid Supplements Are in Trend. Omega fatty acids are prevalent in fish oils and are important nutrition for the human body. Omega-3 fatty acids and Omega-6 fatty acids are used as dietary supplements to improve the health of the heart, lungs, eyes, and overall immune system. People are increasingly accepting these into their lifestyles as a result of rising health awareness, which is challenging the market.Natural Fatty Acids Market Dynamics:
Surging population needs.
By 2030, the worldwide population is expected to reach 8.5 billion, which is expected to be accompanied by an increase in global consumption rates. The increasing need for sustainable bio-products such as soaps, food emulsifiers, surface cleaners, detergents, fertilizers, cosmetics, paints, and skincare items have raised the natural fatty acids market demand for industrial, commercial, and consumer use. Possibilities for Better Health. Omega-3 and Omega-6 fatty acids, two essential polyunsaturated fatty acids (PUFAs), are widely used in the healthcare sector thanks to their numerous health benefits like anti-depressants, improving heart health, promote brain health, and others. The potential efficacy of PUFAs in the treatment of cardiovascular disease, kidney and lung disorders, blood pressure, and other medical conditions accounts for their medical brilliance.Oxidative degradation of few fatty acids.
Fatty acids are naturally occurring and have very few restrictions in their use in a variety of sectors. The fishy odor when taking fatty acid derivatives' dietary supplements and pharmaceuticals are the most prevalent difficulty that the fatty acid market faces. In Western diets, n-3 LCPUFA (Long-chain polyunsaturated fatty acids) the deficit is common. These particular fatty acids can only be obtained from marine products like fish oil. Also, intake of these fatty acids has been a difficulty for the global market because of oxidative degradation. This has become a major source of concern among food scientists and technologists. Artificial odor eliminators, which are extensively used in industrial setups in the current context, can be used to tackle this problem.Natural Fatty Acids Market Segment Analysis:
Based on Type, the Natural Fatty Acids Market is segmented into five types as follows, Distilled fatty acid, Stearic acid, C8 Caprylic fatty acid, Tall Oil fatty acid, Fractionated fatty acid, and Others. In 2022, the Fractionated fatty acid segment was dominant and held approximately xx% of the overall market share in terms of revenue. The segment is expected to grow at a CAGR of xx% during the forecast period. Fractionated fatty acids are used in dairy cleaners, flavors and perfumes, industrial and commercial cleaners, alkyd resins, personal care, agricultural chemicals, textile chemicals, and chemical intermediates. Based on Application, the Natural Fatty Acids Market is segmented into six types as follows, Cosmetics, Personal care, Household care, Soap & Detergent, Flavours and Perfumes, and Others. In 2022, the Cosmetic and Personal care segment was dominant and held xx% of the overall market share in terms of revenue. Natural fatty acids are widely used in the household, cosmetics, and personal care sector thanks to their antibacterial, antifungal, and antiviral qualities. Also, fatty acids have an opacifying and consistency effect, as well as increasing the thickness of the product. As a result, natural fatty acids are frequently used in cosmetics and personal care products due to their beneficial characteristics. By 2022, the personal care products market was expected to exceed US $200 billion, with Asia-Pacific and Europe leading the way, owing to increased demand for such items in these regions. The robust growth in demand for household, cosmetics, and personal care products has been attributed to changes in consumer lifestyles as a result of rising incomes, increasing urbanization contributing to increased consumption of personal care and cosmetic products in the market, and growing awareness about the importance of hygiene. As a result, during the forecasted period, the consumption of natural fatty acids is expected to increase in tandem with the development in the manufacturing of personal care and cosmetic goods.Natural Fatty Acids Market Regional Insights:
In 2022, the Asia Pacific region dominated the market accounting for approximately 55% of the overall market share in terms of revenue. China, the world's second-largest economy, is expected to reach a market size of US $4.48 billion by 2029, growing at a 7.2% CAGR over the forecast period. Other notable geographic markets include Japan and Canada, which are expected to increase at 1.1% and 3%, respectively, throughout the forecast period. Germany is expected to expand at a CAGR of around 2% within Europe. The objective of the report is to present a comprehensive analysis of the global market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and project the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market makes the report investor's guide.Natural Fatty Acids Market Scope: Inquire before buying
Global Natural Fatty Acids Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 16.03 Bn. Forecast Period 2023 to 2029 CAGR: 5.85% Market Size in 2029: US $ 23.87 Bn. Segments Covered: by Type Distilled fatty acid Stearic acid C8 Caprylic fatty acid Tall Oil fatty acid Fractionated fatty acid Others by Application Cosmetics Personal care Household care Soap & Detergent Flavors and Perfumes Others Natural Fatty Acids Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Natural Fatty Acids Market, Key Players are
1. 2D Fluidics Pty Ltd. 2. AAA Oils & Fats 3. Acti-Form Limited 4. Addest Technovation Ltd. 5. Advanced Nutritional Technology 6. Aemetis Inc. 7. Akzo Nobel NV 8. Alliance Design and Development Group 9. Allmax Nutrition Inc. 10. Colgate Palmolive Ltd. 11. Omega Protein Corporation 12. FairChem 13. Behn Meyer Holding AG 14. Croda International plc 15. Herbalife Nutrition 16. LG Chem 17. Ashland 18. Eastman 19. OthersFrequently Asked Questions:
1. What is the forecast period considered for the Natural Fatty Acids market report? Ans. The considered forecast period for the natural fatty acids market is 2023-2029. 2. Which key factors are challenging the growth of the Natural Fatty Acids market? Ans. The oxidation risk of few natural fatty acids like omega-3 and omega-6 is the key factor expected to challenge the growth of the market during the forecast period. 3. What is the compound annual growth rate (CAGR) of the Natural Fatty Acids market for the next 6 years? Ans. The Natural Fatty Acids Market is expected to grow at a CAGR of 5.85% during the forecast period (2023-2029). 4. What are the key factors driving the growth of the Natural Fatty Acids market? Ans. The surging population needs and better possibilities of health are the key factors expected to drive the growth of the natural fatty acids market during the forecast period. 5. Which are the worldwide major key players covered for the Natural Fatty Acids market report? Ans. 2D Fluidics Pty Ltd., AAA Oils & Fats, Acti-Form Limited, Addest Technovation Ltd., Advanced Nutritional Technology, Aemetis Inc., Akzo Nobel NV, Alliance Design and Development Group, Allmax Nutrition Inc., Colgate Palmolive Ltd., Omega Protein Corporation, FairChem, Behn Meyer Holding AG, Croda International plc, Herbalife Nutrition, LG Chem, Ashland, Eastman, and Others.
1.Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Natural Fatty Acids Market Size, by Market Value (US $Bn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Natural Fatty Acids Market 3.4. Geographical Snapshot of the Natural Fatty Acids Market, By Manufacturer share 4. Natural Fatty Acids Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porter Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Natural Fatty Acids Market 5. Supply Side and Demand Side Indicators 6. Natural Fatty Acids Market Analysis and Forecast, 2022-2029 6.1. Global Natural Fatty Acids Products Market Size & Y-o-Y Growth Analysis. 7. Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Distilled fatty acid 7.1.2. Stearic acid 7.1.3. C8 Caprylic fatty acid 7.1.4. Tall Oil fatty acid 7.1.5. Fractionated fatty acid 7.1.6. Others 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Cosmetics 7.2.2. Personal care 7.2.3. Household care 7.2.4. Soap & Detergent 7.2.5. Flavors and Perfumes 7.2.6. Others 8. Natural Fatty Acids Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Distilled fatty acid 9.1.2. Stearic acid 9.1.3. C8 Caprylic fatty acid 9.1.4. Tall Oil fatty acid 9.1.5. Fractionated fatty acid 9.1.6. Others 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Cosmetics 9.2.2. Personal care 9.2.3. Household care 9.2.4. Soap & Detergent 9.2.5. Flavors and Perfumes 9.2.6. Others 10. North America Natural Fatty Acids Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Natural Fatty Acids Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Natural Fatty Acids Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Fungicide Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Natural Fatty Acids Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Natural Fatty Acids Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Natural Fatty Acids Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Natural Fatty Acids Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Application, and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. 2D Fluidics Pty Ltd. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. AAA Oils and Fats 45.3.3. Acti-Form Limited 45.3.4. Addest Technovation Ltd. 45.3.5. Advanced Nutritional Technology 45.3.6. Aemetis Inc. 45.3.7. Akzo Nobel Inc. 45.3.8. Alliance Design and Development Group 45.3.9. Allmax Nutrition 45.3.10. Colgate Palmolive Ltd. 45.3.11. Omega Protein Corporation 45.3.12. FairChem 45.3.13. Behn Meyer Holding AG 45.3.14. Croda International plc 45.3.15. Herbalife Nutrition 45.3.16. LG Chem 45.3.17. Ashland 45.3.18. Eastman 45.3.19. Others 46. Primary Key Insights