PUBLISHER: TechNavio | PRODUCT CODE: 1859854
PUBLISHER: TechNavio | PRODUCT CODE: 1859854
The caproic acid market is forecasted to grow by USD 73.5 mn during 2024-2029, accelerating at a CAGR of 8.6% during the forecast period. The report on the caproic 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 rising demand for personal care and food flavoring products, rising demand for processed food, and growing use of caproic acid in soaps and detergents.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 7.8% |
| CAGR | 8.6% |
| Incremental Value | $73.5 mn |
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's caproic acid market is segmented as below:
By Application
By Source
By Technique
By Geographical Landscape
This study identifies the rising use of caproic acid in packaged food and beverage industry as one of the prime reasons driving the caproic acid market growth during the next few years. Also, increasing use of cosmeceuticals and shrinking arable land leading to increased demand for caproic acid for agriculture will lead to sizable demand in the market.
The report on the caproic acid market covers the following areas:
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 caproic acid market vendors that include AVRIL SCA, Central Drug House P. Ltd., IOI Corp. BHD, JNC Corp., Junsei Chemical Co. Ltd., KLK Oleo, KremsChem Austria GmbH, KUNSHAN ODOWELL CO. LTD., Loba Chemie Pvt. Ltd., Merck KGaA, MOSSELMAN S.A., Novaphene Specialities Pvt. Ltd., Proto Chemicals Industries, Sisco Research Laboratories Pvt. Ltd., Spectrum Laboratory Products Inc., The Procter and Gamble Co., and Zhengzhou Yibang Industry and Commerce Co. Ltd.. Also, the caproic 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 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 primary and secondary research. 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 accurate market growth.
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