Market Snapshot:
Fatty acids are the building blocks of the fat in human bodies and in food. During digestion, the body breaks down fats into fatty acids, which can then be absorbed into the blood. Fatty acid molecules are usually joined together in groups of three, forming a molecule called triglyceride. Triglycerides are also made in bodies from carbohydrates. The rise in innovative production technologies and the requirement for essential fatty acids in foods and beverages is escalating the growth of the fatty acids market.
Highlights from Fatty Acid Market Study
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are BASF SE (Germany), Akzo Nobel N.N (Netherland), Ashland Inc. (US), WujiangJinyu Lanolin Co. (China), Vantage Oleochemicals (US), Aker BioMarine AS (Norway), Ferro Corporation (US), Oleon N.V. (Belgium), Arizona Chemicals (US), Eastman Chemicals Company (US), Colgate-Palmolive Ltd. (India), Godrej Industries (India) and LingyanZhuoyue New Energy Co. Ltd. (China).
Geographic Breakdown and Segment Analysis
The Global Fatty Acid market presents a comprehensive analysis of the Fatty Acid market by product type (Saturated, Monounsaturated and Polyunsaturated), by end-user/application (Food & Beverages, Animal Feed, Pharmaceuticals & Nutraceuticals, Personal Care and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Fatty Acid industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Fatty Acid market
Analyst at AMA have segmented the market study of Global Fatty Acid market by Type, Application and Region.
Market Growth Drivers:
Rise in awareness and the demand of consumers regarding healthy eating and health benefits, Increase in the number of chronic diseases and Growing Usage of Hygiene and Detergent Products
Challenges:
Volatile Raw Material Prices and Genetic Effect Caused by Deficiency of Fatty Acid
Restraints:
Availability of Raw Material and Shift in Consumption Trends
Opportunities:
Rise in Industries like Plastics and Rubber Particularly in Advancing Nations
Market Developments Activities:
On April 2021, Ashland completed the acquisition of the personal care business of Schülke & Mayr GmbH, a portfolio company of EQT. Under the terms of the agreement, Ashland agreed to a purchase price of €262.5 million in an all-cash transaction funded with bank financing and available cash, subject to customary purchase price adjustments. Ashland expects the acquisition to become immediately accretive to Ashland's earnings per share.
Fatty Acid Market is a fragmented market due to the presence of various players. The players are focusing on developing and rising awareness and the demand of consumers regarding healthy eating and health benefits. The companies are also planning strategic activities such as product launches, collaborations, mergers, and acquisitions to sustain in the market and maintain their competitive edge.