“We have produced a new premium report Fatty Acids Market. The report covers the analysis of global as well as regional markets of Fatty Acids. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Fatty Acids Market by Type (natural fatty acids and synthetic fatty acids), application (pharmaceuticals, food and beverages Lubricants and Industry chemicals and others) through main geographies in the global market such as North America, Europe, Asia-Pacific and RoW.
The report covers market changing dynamics including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Fatty Acids Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Fatty Acids Market are Arizona Chemicals, BASF, Behn-Meyer Holding AG, Colgate-Palmolive Ltd, Eastman Chemical, GC Rieber Oils, Mazzoni, Nippon Suisan Kaisha, Oleoquimica Brazil and Yueyang Ch-Cheng Oleo chemicals Co. Ltd.”
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Increasing Demand in Cosmetics and Personal Care Products in fatty acid market is spurring over the forecast period
Fatty acid is a carboxylic acid with a long aliphatic chain, which is either saturated or unsaturated. Fatty acids are important dietary sources of fuel for animals due to many cell tissues in the animal body can use fatty acid for their metabolism. Essential fatty acids cannot be synthesized by the human body that are obtained from various external sources such as plants, animal fat, vegetable oils and so on. Rise in demand regarding healthy eating and rise in awareness among essential fatty acids are the factors driving the growth of the fatty acids market. Additionally, growing demand from personal and homecare products and emerging economies is fuelling the growth of the fatty acids market. However, biological effects caused due to deficiency of fatty acids are likely to restrain the growth of the market over the forecast period. The consumption of growth in natural fatty acids will spur for better GDP in the developed countries over the forecast period. On the other hand, innovative product technologies and requirement of fatty acids in food and beverage industries is providing huge growth opportunities for the key players in the fatty acid market. The major players in the fatty acid market are BASF SE, Eastman Chemical, and Colgate-Palmolive Ltd. Many leading players are focusing on the research and development process in order to strengthen their position in the prevalent market competition.
Asia pacific is the region with highest production and consumption of natural fatty acids
Among the geographies, Asia Pacific accounted for the major end user application due to the growing demand among the consumers followed by North America. The North American countries such as US and Canada are likely to experience the growing demand owing to the requirement from the dietary supplements and functional food sector. Emerging economies like China, India, Brazil, and Indonesia are expected to show remarkable market share in natural fatty acids consumption. The major reasons being raw material availability, change of natural fatty acid consumption trend from European market.