Global Caprylic Acid Market 2024-2028

The caprylic acid market is forecasted to grow by USD 203.14 mn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the caprylic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for caprylic acid in personal care products, industrial applications of caprylic acid in bio-based lubricants and grease products, and focus on sustainable and bio-based solutions.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.83%
CAGR	8.09%
Incremental Value	$203.14mn

Technavio's caprylic acid market is segmented as below:

By Source

Plant
Animal

By Application

Personal care
Food and beverage
Pharmaceuticals
Others

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the rising adoption of caprylic acid esters as one of the prime reasons driving the caprylic acid market growth during the next few years. Also, the exploration of new applications and advancements in production technologies will lead to sizable demand in the market.

The report on the caprylic acid market covers the following areas:

Caprylic acid market sizing
Caprylic acid market forecast
Caprylic acid market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading caprylic acid market vendors that include Acme synthetic chemicals, AVRIL SCA, Azelis SA, Central Drug House Pvt. Ltd., East India Chemicals International, Ecogreen Oleochemicals PTE Ltd., Ethidrugs Research Lab Pvt. Ltd., Indorama Ventures Public Co. Ltd., Interfat SAU, Koninklijke DSM NV, Kuala Lumpur Kepong Berhad, Merck KGaA, OBETECH PACIFIC SDN BHD, Otto Chemie Pvt. Ltd., Shreeji Pharma International, Spectrum Laboratory Products Inc., The Procter and Gamble Co., VVF Ltd., Wilmar International Ltd., Novaphene Specialities Pvt. Ltd., and CATO. Also, the caprylic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77020

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Source
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global caprylic acid market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global caprylic acid market 2018 - 2022 ($ million)
4.2 Source Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Source Segment 2018 - 2022 ($ million)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Source

6.1 Market segments
Exhibit 30: Chart on Source - Market share 2023-2028 (%)
Exhibit 31: Data Table on Source - Market share 2023-2028 (%)
6.2 Comparison by Source
Exhibit 32: Chart on Comparison by Source
Exhibit 33: Data Table on Comparison by Source
6.3 Plant - Market size and forecast 2023-2028
Exhibit 34: Chart on Plant - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Plant - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Plant - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Plant - Year-over-year growth 2023-2028 (%)
6.4 Animal - Market size and forecast 2023-2028
Exhibit 38: Chart on Animal - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Animal - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Animal - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Animal - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Source
Exhibit 42: Market opportunity by Source ($ million)
Exhibit 43: Data Table on Market opportunity by Source ($ million)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 44: Chart on Application - Market share 2023-2028 (%)
Exhibit 45: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 46: Chart on Comparison by Application
Exhibit 47: Data Table on Comparison by Application
7.3 Personal care - Market size and forecast 2023-2028
Exhibit 48: Chart on Personal care - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Data Table on Personal care - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Chart on Personal care - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Personal care - Year-over-year growth 2023-2028 (%)
7.4 Food and beverage - Market size and forecast 2023-2028
Exhibit 52: Chart on Food and beverage - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Food and beverage - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Food and beverage - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Food and beverage - Year-over-year growth 2023-2028 (%)
7.5 Pharmaceuticals - Market size and forecast 2023-2028
Exhibit 56: Chart on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Application
Exhibit 64: Market opportunity by Application ($ million)
Exhibit 65: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Exhibit 107: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ million)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Acme synthetic chemicals
Exhibit 119: Acme synthetic chemicals - Overview
Exhibit 120: Acme synthetic chemicals - Product / Service
Exhibit 121: Acme synthetic chemicals - Key offerings
12.4 AVRIL SCA
Exhibit 122: AVRIL SCA - Overview
Exhibit 123: AVRIL SCA - Product / Service
Exhibit 124: AVRIL SCA - Key offerings
12.5 Azelis SA
Exhibit 125: Azelis SA - Overview
Exhibit 126: Azelis SA - Product / Service
Exhibit 127: Azelis SA - Key offerings
12.6 Central Drug House Pvt. Ltd.
Exhibit 128: Central Drug House Pvt. Ltd. - Overview
Exhibit 129: Central Drug House Pvt. Ltd. - Product / Service
Exhibit 130: Central Drug House Pvt. Ltd. - Key offerings
12.7 Ecogreen Oleochemicals PTE Ltd.
Exhibit 131: Ecogreen Oleochemicals PTE Ltd. - Overview
Exhibit 132: Ecogreen Oleochemicals PTE Ltd. - Product / Service
Exhibit 133: Ecogreen Oleochemicals PTE Ltd. - Key offerings
12.8 Indorama Ventures Public Co. Ltd.
Exhibit 134: Indorama Ventures Public Co. Ltd. - Overview
Exhibit 135: Indorama Ventures Public Co. Ltd. - Business segments
Exhibit 136: Indorama Ventures Public Co. Ltd. - Key offerings
Exhibit 137: Indorama Ventures Public Co. Ltd. - Segment focus
12.9 Interfat SAU
Exhibit 138: Interfat SAU - Overview
Exhibit 139: Interfat SAU - Product / Service
Exhibit 140: Interfat SAU - Key offerings
12.10 Kuala Lumpur Kepong Berhad
Exhibit 141: Kuala Lumpur Kepong Berhad - Overview
Exhibit 142: Kuala Lumpur Kepong Berhad - Business segments
Exhibit 143: Kuala Lumpur Kepong Berhad - Key offerings
Exhibit 144: Kuala Lumpur Kepong Berhad - Segment focus
12.11 Merck KGaA
Exhibit 145: Merck KGaA - Overview
Exhibit 146: Merck KGaA - Business segments
Exhibit 147: Merck KGaA - Key news
Exhibit 148: Merck KGaA - Key offerings
Exhibit 149: Merck KGaA - Segment focus
12.12 Novaphene Specialities Pvt. Ltd.
Exhibit 150: Novaphene Specialities Pvt. Ltd. - Overview
Exhibit 151: Novaphene Specialities Pvt. Ltd. - Product / Service
Exhibit 152: Novaphene Specialities Pvt. Ltd. - Key offerings
12.13 OBETECH PACIFIC SDN BHD
Exhibit 153: OBETECH PACIFIC SDN BHD - Overview
Exhibit 154: OBETECH PACIFIC SDN BHD - Product / Service
Exhibit 155: OBETECH PACIFIC SDN BHD - Key offerings
12.14 Spectrum Laboratory Products Inc.
Exhibit 156: Spectrum Laboratory Products Inc. - Overview
Exhibit 157: Spectrum Laboratory Products Inc. - Product / Service
Exhibit 158: Spectrum Laboratory Products Inc. - Key offerings
12.15 The Procter and Gamble Co.
Exhibit 159: The Procter and Gamble Co. - Overview
Exhibit 160: The Procter and Gamble Co. - Business segments
Exhibit 161: The Procter and Gamble Co. - Key news
Exhibit 162: The Procter and Gamble Co. - Key offerings
Exhibit 163: The Procter and Gamble Co. - Segment focus
12.16 VVF Ltd.
Exhibit 164: VVF Ltd. - Overview
Exhibit 165: VVF Ltd. - Product / Service
Exhibit 166: VVF Ltd. - Key offerings
12.17 Wilmar International Ltd.
Exhibit 167: Wilmar International Ltd. - Overview
Exhibit 168: Wilmar International Ltd. - Business segments
Exhibit 169: Wilmar International Ltd. - Key news
Exhibit 170: Wilmar International Ltd. - Key offerings
Exhibit 171: Wilmar International Ltd. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 172: Inclusions checklist
Exhibit 173: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 174: Currency conversion rates for US$
13.4 Research methodology
Exhibit 175: Research methodology
Exhibit 176: Validation techniques employed for market sizing
Exhibit 177: Information sources
13.5 List of abbreviations
Exhibit 178: List of abbreviations