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PUBLISHER: Grand View Research | PRODUCT CODE: 1571752
PUBLISHER: Grand View Research | PRODUCT CODE: 1571752
Caprylic Acid Market Size, Share & Trends Analysis By Application (Personal Care, Pharmaceutical, Food & Beverages, Others), By Region (North America, Europe, Asia Pacific, Central & South America), And Segment Forecasts, 2024 - 2030
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PAGES: 100 Pages
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Caprylic Acid Market Growth & Trends:
The global caprylic acid market size is expected to reach USD 9.34 million by 2030, registering a CAGR of 10.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The widespread use of caprylic acid in the personal care and pharmaceutical industry coupled with the growth of these end-use industries is expected to drive growth. Furthermore, the growing demand for the acid in manufacturing pesticides and surfactants is expected to propel market growth over the projected period.
The personal care segment dominated the market and accounted for a market revenue share of 38.2% in 2023. Caprylic acid has multifunctional properties, making it a versatile ingredient in personal care formulations. It is an emollient that helps moisturize and soften the skin by forming a barrier that prevents water loss. Additionally, it includes antimicrobial properties, which make it effective in preserving the stability of formulations and preventing the growth of bacteria and fungi.
Caprylic Acid Market Report Highlights:
- The personal care segment dominated the market and accounted for a market revenue share of 38.2% in 2023.
- The food & beverage segment is expected to witness significant growth over the forecast period.
- The North America caprylic acid market accounted for the largest revenue share of 36.5% in 2023. The food processing industry in North America is highly developed, with a strong focus on innovation and quality control.
- Asia Pacific caprylic acid market is expected to witness the fastest CAGR over the forecast period. The expansion of e-commerce in the Asia Pacific region significantly impacts the distribution and accessibility of caprylic acid-based products.
Product Code: 978-1-68038-751-3
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.5.1. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Caprylic Acid Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Distribution Channel Analysis
- 3.2.2. Raw Material Trends
- 3.2.3. Technological Overview
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. Caprylic Acid Market: Application Estimates & Trend Analysis
- 4.1. Application Movement Analysis & Market Share, 2023 & 2030
- 4.2. Caprylic Acid Market Estimates & Forecast, By Application, 2018 to 2030 (USD Thousand) (Tons)
- 4.3. Personal Care
- 4.3.1. Personal Care Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 4.4. Pharmaceutical
- 4.4.1. Pharmaceutical Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 4.5. Food & Beverage
- 4.5.1. Food & Beverage Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 4.6. Others
- 4.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
Chapter 5. Caprylic Acid Market: Regional Estimates & Trend Analysis
- 5.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 5.2. North America
- 5.2.1. North America Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.2.2. U.S.
- 5.2.2.1. Key Country Dynamics
- 5.2.2.2. U.S. Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.2.3. Canada
- 5.2.3.1. Key Country Dynamics
- 5.2.3.2. Canada Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.2.4. Mexico
- 5.2.4.1. Key Country Dynamics
- 5.2.4.2. Mexico Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.3. Europe
- 5.3.1. Europe Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.3.2. U.K.
- 5.3.2.1. Key Country Dynamics
- 5.3.2.2. U.K. Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.3.3. Germany
- 5.3.3.1. Key Country Dynamics
- 5.3.3.2. Germany Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.3.4. France
- 5.3.4.1. Key Country Dynamics
- 5.3.4.2. France Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.3.5. Italy
- 5.3.5.1. Key Country Dynamics
- 5.3.5.2. Italy Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.3.6. Spain
- 5.3.6.1. Key Country Dynamics
- 5.3.6.2. Spain Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.4. Asia Pacific
- 5.4.1. Asia Pacific Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.4.2. China
- 5.4.2.1. Key Country Dynamics
- 5.4.2.2. China Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.4.3. Japan
- 5.4.3.1. Key Country Dynamics
- 5.4.3.2. Japan Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.4.4. India
- 5.4.4.1. Key Country Dynamics
- 5.4.4.2. India Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.4.5. South Korea
- 5.4.5.1. Key Country Dynamics
- 5.4.5.2. South Korea Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.5. Central & South America
- 5.5.1. Central & South America Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.5.2. Brazil
- 5.5.2.1. Key Country Dynamics
- 5.5.2.2. Brazil Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.5.3. Argentina
- 5.5.3.1. Key Country Dynamics
- 5.5.3.2. Argentina Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.6. Middle East and Africa
- 5.6.1. Middle East and Africa Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.6.2. South Africa
- 5.6.2.1. Key Country Dynamics
- 5.6.2.2. South Africa Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
- 5.6.3. Saudi Arabia
- 5.6.3.1. Key Country Dynamics
- 5.6.3.2. Saudi Arabia Caprylic Acid Market Estimates and Forecasts, 2018 - 2030 (USD Thousand) (Tons)
Chapter 6. Competitive Landscape
- 6.1. Recent Developments & Impact Analysis by Key Market Participants
- 6.2. Company Categorization
- 6.3. Company Heat Map Analysis
- 6.4. Company Profiles
- 6.4.1. VVF L.L.C.
- 6.4.1.1. Participant's Overview
- 6.4.1.2. Financial Performance
- 6.4.1.3. Product Benchmarking
- 6.4.1.4. Recent Developments/ Strategic Initiatives
- 6.4.2. Oleon NV
- 6.4.2.1. Participant's Overview
- 6.4.2.2. Financial Performance
- 6.4.2.3. Product Benchmarking
- 6.4.2.4. Recent Developments/ Strategic Initiatives
- 6.4.3. Wilmar International Ltd.
- 6.4.3.1. Participant's Overview
- 6.4.3.2. Financial Performance
- 6.4.3.3. Product Benchmarking
- 6.4.3.4. Recent Developments/ Strategic Initiatives
- 6.4.4. KLK OLEO
- 6.4.4.1. Participant's Overview
- 6.4.4.2. Financial Performance
- 6.4.4.3. Product Benchmarking
- 6.4.4.4. Recent Developments/ Strategic Initiatives
- 6.4.5. Emery Oleochemicals
- 6.4.5.1. Participant's Overview
- 6.4.5.2. Financial Performance
- 6.4.5.3. Product Benchmarking
- 6.4.5.4. Recent Developments/ Strategic Initiatives
- 6.4.6. The Procter & Gamble Company
- 6.4.6.1. Participant's Overview
- 6.4.6.2. Financial Performance
- 6.4.6.3. Product Benchmarking
- 6.4.6.4. Recent Developments/ Strategic Initiatives
- 6.4.7. PT. Ecogreen Oleochemicals
- 6.4.7.1. Participant's Overview
- 6.4.7.2. Financial Performance
- 6.4.7.3. Product Benchmarking
- 6.4.7.4. Recent Developments/ Strategic Initiatives
- 6.4.8. Temix Oleo Srl
- 6.4.8.1. Participant's Overview
- 6.4.8.2. Financial Performance
- 6.4.8.3. Product Benchmarking
- 6.4.8.4. Recent Developments/ Strategic Initiatives
- 6.4.9. Pacific Oleochemicals Sdn Bhd
- 6.4.9.1. Participant's Overview
- 6.4.9.2. Financial Performance
- 6.4.9.3. Product Benchmarking
- 6.4.9.4. Recent Developments/ Strategic Initiatives
- 6.4.10. Musim Mas Group
- 6.4.10.1. Participant's Overview
- 6.4.10.2. Financial Performance
- 6.4.10.3. Product Benchmarking
- 6.4.10.4. Recent Developments/ Strategic Initiatives
- 6.4.1. VVF L.L.C.
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