Global Coconut Fatty Acids Market Size study, by By Product Type (Whole Coconut Fatty Acids, White Coconut Fatty Acids), by Functions (Emulsifier, Additives, Surfactant, Cleansing Agent, Lube, Foaming Agent, Others), by End-Use (Food & Beverage Industry, Personal Care & Cosmetic Industry, Textile Industry, Pharmaceutical Industry, Paints & Coatings Industry, Others ) and Regional Forecasts 2022-2028
Global Coconut Fatty Acids Market is valued at approximately USD 3.8 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2022-2028. Coconut fatty acids are fatty acids produced from coconut oil by hydrolysis and distillation. Lauric acid and saturated fatty acids such as stearic, capric, palmitic, caprylic, and myristic acids make up the majority of these fatty acids. They range in hue from white to light yellow and contain trace amounts of unsaturated fatty acids. Coconut fatty acids help to hydrate the skin while also decreasing wrinkles and fine lines, moisturising, smoothing and protecting it from pollution and UV radiation. Because of these advantages, they are becoming increasingly popular in the personal care and cosmetics industries. Furthermore, because of their strong antioxidant, anti-inflammatory, anti-fungal, and anti-microbial characteristics, they are increasingly being utilised in a wide range of personal care and cosmetics products, including body lotions, face creams, moisturisers, sunscreen, soaps, and others. As a result, the fast expansion of the personal care and cosmetics sector, as well as rising sales of the aforementioned items, are likely to provide profitable potential prospects in the worldwide coconut fatty acids market. Despite the multiple benefits connected with coconut fatty acids, the high risk of heart and kidney-related disorders linked with the use of coconut fatty acids, having high cholesterol and high potassium content are restricting sales throughout the food and beverage market.
The key regions considered for the global Coconut Fatty Acids market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. During the forecast period, North America is expected to account for a considerable revenue share in the global coconut fatty acids market. Cosmetics and personal care items such as soaps, body creams, anti-aging creams, sunscreen, and others are in high demand, owing to rising consumer expenditure on cleanliness and body aesthetics. As a result, prominent industry players are seeking to introduce new goods and expand their production capacity to meet rising demand.
Major market players included in this report are:
Godrej Industries Limited
Timur Oleochemicals Malaysia Sdn. Bhd.
Henry Franc SAS
Redox Pty Ltd
Cailà & Parés
Univar Inc.
Kao Corporation
Vantage Specialty Chemicals, Inc.
Twin Rivers Technologies, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Whole Coconut Fatty Acids
White Coconut Fatty Acids
By Functions:
Emulsifier
Additives
Surfactant
Cleansing Agent
Lube
Foaming Agent
Others
By End Use:
Food & Beverage Industry
Personal Care & Cosmetic Industry
Textile Industry
Pharmaceutical Industry
Paints & Coatings Industry
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Coconut Fatty Acids Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Godrej Industries Limited
Timur Oleochemicals Malaysia Sdn. Bhd.
Henry Franc SAS
Redox Pty Ltd
Cailà & Parés
Univar Inc.
Kao Corporation
Vantage Specialty Chemicals, Inc.
Twin Rivers Technologies, Inc
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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