Global Fatty Acids Market, By Product (Omega-3, Omega-6, Omega-7 and Omega-9), Application (Pharmaceutical, Dietary Supplement, Food and Beverages, Cosmetics, Animal Feed, Healthcare, Agrochemicals, Lubricants, Agrochemicals and Infant Formula), Source (Vegetable Oil, Marine, Nut and Seeds and Soy and Soy Products), Form (Powder, Syrup, Oil and Other), Type (Monosaturated, Polysaturated, Saturated and Trans Fat), and Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The fatty acids market is expected to witness market growth at a rate of 5.0% in the forecast period of 2021 to 2028. Data Bridge Market Research report on fatty acids market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the innovative production technologies and requirement for essential fatty acids in foods and beverages is escalating the growth of the fatty acids market.
Fatty acids are known to be the long hydrocarbon chains present in the triglycerides and phospholipids. Fatty acid can be classified as the monounsaturated, saturated, and the poly-unsaturated fatty acids based on the number of bonds between the carbon atoms.
Major factors that are expected to boost the growth of the fatty acids market in the forecast period are the rise in the functional food and dietary supplements demand. Furthermore, the increase in the number of chronic diseases is further anticipated to propel the growth of the fatty acids market. Moreover, the growing awareness and the need of customers related to the healthy eating and health advantages of essential fatty acids is estimated to cushion the growth of the fatty acids market. On the other hand, the variations in the costs of raw materials are further projected to impede the growth of the fatty acids market in the timeline period.
In addition, the rise in the industries like the plastics and rubber particularly in the advancing nations will further provide potential opportunities for the growth of the fatty acids market in the coming years. However, the genetic effects because of the deficiency of fatty acids like the stroke, inflammation, coronary artery disease and blood pressure might further challenge the growth of the fatty acids market in the near future.
This fatty acids market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fatty acids market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Fatty Acids Market Scope and Market Size
The fatty acids market is segmented on the basis of product, application, source, form and type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the fatty acids market is segmented into omega-3, omega-6, omega-7 and omega-9.
- On the basis of application, the fatty acids market is segmented into pharmaceutical, dietary supplement, food and beverages, cosmetics, animal feed, healthcare, agrochemicals, lubricants, agrochemicals and infant formula.
- On the basis of source, the fatty acids market is segmented into vegetable oil, marine, nut and seeds and soy and soy products.
- On the basis of form, the fatty acids market is segmented into powder, syrup, oil and other.
- On the basis of type, the fatty acids market is segmented into monosaturated, polysaturated, saturated and trans fat.
Fatty Acids Market Country Level Analysis
The fatty acids market is analysed and market size, volume information is provided by country, product, application, source and type as referenced above.
The countries covered in the fatty acids market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the fatty acids market due to the rise in the attention on the beauty and appearance because of the social media influence. Furthermore, the high standards of living will further boost the growth of the fatty acids market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the fatty acids market due to the rise in the industrial output. Moreover, the increase in the population is further anticipated to propel the growth of the fatty acids market in the region in the coming years.
The country section of the fatty acids market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fatty Acids Market Share Analysis
The fatty acids market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fatty acids market.
The major players covered in the fatty acids market report are Akzo Nobel N.V., Wujiang Jinyu Lanolin Co. Ltd, BASF SE, Vantage Specialty Chemicals, Arizona Chemicals, Colgate-Palmolive Company, Godrej Industries Limited, Eastman Chemical Company, Croda International Plc, Oleon N.V., FMC Corporation, Dow, Enzymotec Ltd., Omega Protein Corporation, AKER BIOMARINE ANTARCTIC AS, Polaris, Cargil Incorporated., GOLDEN OMEGA, Acasti Pharma Inc., Stepan Company, Maruha Nichiro Corporation, Sinomega Biotech Engineering Co., Ltd, Nippon Suisan Kaisha Ltd., GC Rieber Oils AS, and sSOLUTEX among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.