Global Palmitoleic Acid Market Growth 2023-2029

Global Palmitoleic Acid Market Growth 2023-2029

Palmitoleic acid, also known as palmitoleate or (9Z)-hexadecenoate, belongs to the class of organic compounds known as long-chain fatty acids. These are fatty acids with an aliphatic tail that contains between 13 and 21 carbon atoms. Palmitoleic acid is a very hydrophobic molecule, practically insoluble (in water), and relatively neutral.

LPI (LP Information)' newest research report, the “Palmitoleic Acid Industry Forecast” looks at past sales and reviews total world Palmitoleic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Palmitoleic Acid sales for 2023 through 2029. With Palmitoleic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Palmitoleic Acid industry.

This Insight Report provides a comprehensive analysis of the global Palmitoleic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Palmitoleic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Palmitoleic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Palmitoleic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Palmitoleic Acid.

The global Palmitoleic Acid market size is projected to grow from US$ 29 million in 2022 to US$ 67 million in 2029; it is expected to grow at a CAGR of 67 from 2023 to 2029.

Wiley Companies is the largest manufacturer in global palmitoleic acid market, holds a share over 15%, other key players include Tersus Life Sciences and Aromtech. Europe is the largest market, occupied for over 40 percent, followed by North America. In terms of source, botanical source is the largest segment, with a share about 60%, and in terms of application, the pharmaceuticals segment holds share about 40 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Palmitoleic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Botanical Source
Marine Source

Segmentation by application
Dietary Supplements
Pharmaceuticals
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Wiley Companies
Tersus Life Sciences
Aromtech

Key Questions Addressed in this Report

What is the 10-year outlook for the global Palmitoleic Acid market?

What factors are driving Palmitoleic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Palmitoleic Acid market opportunities vary by end market size?

How does Palmitoleic Acid break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.