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The global fatty acids market was valued at USD 28.11 Billion in 2023 and grew at a CAGR of 9.24% from 2024 to 2033. The market is expected to reach USD 68.02 Billion by 2033. The growth of the fatty acids market can be attributed to the rising usage in cosmetics, nutraceuticals, pharmaceuticals, food and beverages, and animal feeds.
The body's stored fat, and the fat found in food are composed of fatty acids. Fatty acids, taken into the bloodstream, are produced by the body during digestion. The body uses fatty acids for various vital processes, including energy storage. Furthermore, it is the primary dietary source of dairy, vegetables, grains, and fish oils. Fatty acids are mostly used in pharmaceuticals to manufacture drug carriers and in therapeutic nutrition. Furthermore, fatty acids are frequently employed as inert components in the manufacturing of pharmaceuticals, and their employment as carriers of active compounds is growing. Moreover, fatty acids are a component of complex lipids and are thus widely utilized in liposomes and soaps, among other cosmetic products. Fatty acids power the muscles, heart, and other organs and are considered the energy reserves for the body,
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Increasing use in pharmaceutical products: The fatty acids market is driven by increased applications in the pharmaceutical industry. The demand for natural and organic products is rising, which has increased the market share of fatty acids. Fatty acids are used more frequently in various applications, including prescription medications, consumer health, vitamins, and mineral supplements. Polyunsaturated fatty acids are used profoundly in the healthcare sector due to their numerous health advantages. They may be used to treat cardiovascular disease, blood pressure, and kidney and lung disorders. Furthermore, there has been a greater emphasis on preventative health measures in recent years due to the rising prevalence of chronic diseases. As a result, the market is expanding due to growing consumer knowledge of the advantages of consuming fatty acids and rising demand.
Adverse effects: Throughout the projected period, several prevalent health conditions and unfavourable effects of excessive fatty acid consumption are expected to impede market expansion. Due to their association with elevated cholesterol levels and an increased risk of heart disease, saturated fatty acids are frequently associated with adverse health effects.
Increasing growth of the nutraceutical industry: The nutraceutical business is expected to continue to develop, providing new chances for creative products based on customer interest in foods that enhance health as health awareness and lifestyle modifications spread worldwide. A paradigm shift is occurring in the global healthcare sector, with a greater emphasis now placed on preventive interventions instead of reactive therapies. Nutraceuticals are a significant fit for this preventative healthcare paradigm because of their innate ability to promote health. Nutraceuticals are expected to be in high demand as more people actively preserve their health.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia-Pacific emerged as the most significant fatty acids market, with a 38.07% market revenue share in 2023.
Asia-Pacific region will account for the largest market share with revenue growth. The region has a high demand for fatty acids in food and beverages, pharmaceutical and nutraceuticals, cosmetics, etc. The growing awareness among regional customers regarding their health provides lucrative opportunities to the market, especially in the pharmaceutical and nutraceutical industries.
Asia-Pacific region Fatty Acids Market Share in 2023 - 38.07%
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The form segment is divided into powder, oil, and capsule. The capsule segment dominated the market, with a share of around 47.90% in 2023. The degree of saturation of fatty acids in edible fats and oils determines their classification. It is mostly extracted in oil form from the sources. The oil forms of fatty acids are used in many industries, such as pharmaceuticals, food and beverages and cosmetics.
The type segment is divided into saturated and unsaturated. The unsaturated segment dominated the market, with a share of around 73.61% in 2023. In contrast to saturated fatty acids, which lack double bonds, unsaturated fatty acid carbon chains have one or more double bonds together with a terminal carboxylic group. The quantity of double bonds in these fatty acids determines their category.
The source segment is divided into plant source and animal source. The plant source segment dominated the market, with a share of around 72.06% in 2023. Diets high in plant-based nutrients are good for the brain and may help prevent dementias such as Alzheimer's. Many plant-based diets have easy access to omega-3 fatty acids. The increasing global trend of being vegan and the rising consumption of vegetarian food are the primary causes of this segment's rise.
The application segment is divided into food and beverages, personal care and cosmetics, animal feed, pharmaceutical and nutraceutical, industrial and others. The food and beverages segment dominated the market, with a share of around 34.29% in 2023. Fish and other seafood include DHA and EPA. ALA is an essential fatty acid that the body cannot produce on its own, and the consumer must obtain it from foods and beverages. Many food products contain fatty acids, such as fish, olive oil, chia seeds, flaxseeds, walnuts, etc.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2023 | USD 28.11 Billion |
| Market size value in 2033 | USD 68.02 Billion |
| CAGR (2024 to 2033) | 9.24% |
| Historical data | 2020-2022 |
| Base Year | 2023 |
| Forecast | 2024-2033 |
| Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
| Segments | Form, Type, Source and Application |
As per The Brainy Insights, the size of the fatty acids market was valued 28.11 Billion in 2023 to USD 68.02 Billion by 2033.
Global fatty acids market is growing at a CAGR of 9.24% during the forecast period 2024-2033.
Asia Pacific region emerged as the largest market for the fatty acids.
The market's growth will be influenced by the growing usage of fatty acids in different applications.
The adverse health effects can hamper the market growth.
The increasing growth of nutraceuticals industry is providing huge opportunities to the market.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Form
4.3.2. Market Attractiveness Analysis By Type
4.3.3. Market Attractiveness Analysis By Source
4.3.4. Market Attractiveness Analysis By Application
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing use of fatty acids in nutraceutical product
5.3. Restraints
5.3.1. Adverse health effects
5.4. Opportunities
5.4.1. Increasing awareness for supplements
5.5. Challenges
5.5.1. Supply demand issues
6. Global Fatty Acids Market Analysis and Forecast, By Form
6.1. Segment Overview
6.2. Powder
6.3. Oil
6.4. Capsule
7. Global Fatty Acids Market Analysis and Forecast, By Type
7.1. Segment Overview
7.2. Saturated
7.3. Unsaturated
8. Global Fatty Acids Market Analysis and Forecast, By Source
8.1. Segment Overview
8.2. Plant Source
8.3. Animal Source
9. Global Fatty Acids Market Analysis and Forecast, By Application
9.1. Segment Overview
9.2. Food and Beverages
9.3. Personal Care and Cosmetics
9.4. Animal Feed
9.5. Pharmaceutical and Nutraceutical
9.6. Industrial
9.7. Others
10. Global Fatty Acids Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Fatty Acids Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in the Fatty Acids Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Akzo Nobel
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. BASF SE
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Arizona Chemicals
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Ashland Inc.
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Eastman Chemical
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Oleon N.V.
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Vantage Oleochemicals
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Ferro Corporation
1.1.1. Business Overview
1.1.2. Company Snapshot
1.1.3. Company Market Share Analysis
1.1.4. Company Product Portfolio
1.1.5. Recent Developments
1.1.6. SWOT Analysis
12.9. The Dow Chemical Company
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. Koninklijke DSM NV
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
12.11. FMC Corporation
12.11.1. Business Overview
12.11.2. Company Snapshot
12.11.3. Company Market Share Analysis
12.11.4. Company Product Portfolio
12.11.5. Recent Developments
12.11.6. SWOT Analysis
12.12. Omega Protein Corporation
12.12.1. Business Overview
12.12.2. Company Snapshot
12.12.3. Company Market Share Analysis
12.12.4. Company Product Portfolio
12.12.5. Recent Developments
12.12.6. SWOT Analysis
12.13. Enzymotec Ltd.
12.13.1. Business Overview
12.13.2. Company Snapshot
12.13.3. Company Market Share Analysis
12.13.4. Company Product Portfolio
12.13.5. Recent Developments
12.13.6. SWOT Analysis
12.14. Polaris Nutritional Lipids
12.14.1. Business Overview
12.14.2. Company Snapshot
12.14.3. Company Market Share Analysis
12.14.4. Company Product Portfolio
12.14.5. Recent Developments
12.14.6. SWOT Analysis
12.15. Croda International Plc
12.15.1. Business Overview
12.15.2. Company Snapshot
12.15.3. Company Market Share Analysis
12.15.4. Company Product Portfolio
12.15.5. Recent Developments
12.15.6. SWOT Analysis
12.16. Aker BioMarine AS
12.16.1. Business Overview
12.16.2. Company Snapshot
12.16.3. Company Market Share Analysis
12.16.4. Company Product Portfolio
12.16.5. Recent Developments
12.16.6. SWOT Analysis
12.17. Cargill
12.17.1. Business Overview
12.17.2. Company Snapshot
12.17.3. Company Market Share Analysis
12.17.4. Company Product Portfolio
12.17.5. Recent Developments
12.17.6. SWOT Analysis
List of Table
1. Global Fatty Acids Market, By Form, 2020-2033 (USD Billion)
2. Global Powder, Fatty Acids Market, By Region, 2020-2033 (USD Billion)
3. Global Oil, Fatty Acids Market, By Region, 2020-2033 (USD Billion)
4. Global Capsule, Fatty Acids Market, By Region, 2020-2033 (USD Billion)
5. Global Fatty Acids Market, By Type, 2020-2033 (USD Billion)
6. Global Saturated, Fatty Acids Market, By Region, 2020-2033 (USD Billion)
7. Global Unsaturated, Fatty Acids Market, By Region, 2020-2033 (USD Billion)
8. Global Fatty Acids Market, By Source, 2020-2033 (USD Billion)
9. Global Plant Source, Fatty Acids Market, By Region, 2020-2033 (USD Billion)
10. Global Animal Source, Fatty Acids Market, By Region, 2020-2033 (USD Billion)
11. Global Fatty Acids Market, By Application, 2020-2033 (USD Billion)
12. Global Food and Beverages, Fatty Acids Market, By Region, 2020-2033 (USD Billion)
13. Global Personal Care and Cosmetics, Fatty Acids Market, By Region, 2020-2033 (USD Billion)
14. Global Animal Feed, Fatty Acids Market, By Region, 2020-2033 (USD Billion)
15. Global Pharmaceutical and Nutraceutical, Fatty Acids Market, By Region, 2020-2033 (USD Billion)
16. Global Industrial, Fatty Acids Market, By Region, 2020-2033 (USD Billion)
17. Global Others, Fatty Acids Market, By Region, 2020-2033 (USD Billion)
18. Global Fatty Acids Market, By Region, 2020-2033 (USD Billion)
19. North America Fatty Acids Market, By Form, 2020-2033 (USD Billion)
20. North America Fatty Acids Market, By Type, 2020-2033 (USD Billion)
21. North America Fatty Acids Market, By Source, 2020-2033 (USD Billion)
22. North America Fatty Acids Market, By Application, 2020-2033 (USD Billion)
23. U.S. Fatty Acids Market, By Form, 2020-2033 (USD Billion)
24. U.S. Fatty Acids Market, By Type, 2020-2033 (USD Billion)
25. U.S. Fatty Acids Market, By Source, 2020-2033 (USD Billion)
26. U.S. Fatty Acids Market, By Application, 2020-2033 (USD Billion)
27. Canada Fatty Acids Market, By Form, 2020-2033 (USD Billion)
28. Canada Fatty Acids Market, By Type, 2020-2033 (USD Billion)
29. Canada Fatty Acids Market, By Source, 2020-2033 (USD Billion)
30. Canada Fatty Acids Market, By Application, 2020-2033 (USD Billion)
31. Mexico Fatty Acids Market, By Form, 2020-2033 (USD Billion)
32. Mexico Fatty Acids Market, By Type, 2020-2033 (USD Billion)
33. Mexico Fatty Acids Market, By Source, 2020-2033 (USD Billion)
34. Mexico Fatty Acids Market, By Application, 2020-2033 (USD Billion)
35. Europe Fatty Acids Market, By Form, 2020-2033 (USD Billion)
36. Europe Fatty Acids Market, By Type, 2020-2033 (USD Billion)
37. Europe Fatty Acids Market, By Source, 2020-2033 (USD Billion)
38. Europe Fatty Acids Market, By Application, 2020-2033 (USD Billion)
39. Germany Fatty Acids Market, By Form, 2020-2033 (USD Billion)
40. Germany Fatty Acids Market, By Type, 2020-2033 (USD Billion)
41. Germany Fatty Acids Market, By Source, 2020-2033 (USD Billion)
42. Germany Fatty Acids Market, By Application, 2020-2033 (USD Billion)
43. France Fatty Acids Market, By Form, 2020-2033 (USD Billion)
44. France Fatty Acids Market, By Type, 2020-2033 (USD Billion)
45. France Fatty Acids Market, By Source, 2020-2033 (USD Billion)
46. France Fatty Acids Market, By Application, 2020-2033 (USD Billion)
47. U.K. Fatty Acids Market, By Form, 2020-2033 (USD Billion)
48. U.K. Fatty Acids Market, By Type, 2020-2033 (USD Billion)
49. U.K. Fatty Acids Market, By Source, 2020-2033 (USD Billion)
50. U.K. Fatty Acids Market, By Application, 2020-2033 (USD Billion)
51. Italy Fatty Acids Market, By Form, 2020-2033 (USD Billion)
52. Italy Fatty Acids Market, By Type, 2020-2033 (USD Billion)
53. Italy Fatty Acids Market, By Source, 2020-2033 (USD Billion)
54. Italy Fatty Acids Market, By Application, 2020-2033 (USD Billion)
55. Spain Fatty Acids Market, By Form, 2020-2033 (USD Billion)
56. Spain Fatty Acids Market, By Type, 2020-2033 (USD Billion)
57. Spain Fatty Acids Market, By Source, 2020-2033 (USD Billion)
58. Spain Fatty Acids Market, By Application, 2020-2033 (USD Billion)
59. Asia Pacific Fatty Acids Market, By Form, 2020-2033 (USD Billion)
60. Asia Pacific Fatty Acids Market, By Type, 2020-2033 (USD Billion)
61. Asia Pacific Fatty Acids Market, By Source, 2020-2033 (USD Billion)
62. Asia Pacific Fatty Acids Market, By Application, 2020-2033 (USD Billion)
63. Japan Fatty Acids Market, By Form, 2020-2033 (USD Billion)
64. Japan Fatty Acids Market, By Type, 2020-2033 (USD Billion)
65. Japan Fatty Acids Market, By Source, 2020-2033 (USD Billion)
66. Japan Fatty Acids Market, By Application, 2020-2033 (USD Billion)
67. China Fatty Acids Market, By Form, 2020-2033 (USD Billion)
68. China Fatty Acids Market, By Type, 2020-2033 (USD Billion)
69. China Fatty Acids Market, By Source, 2020-2033 (USD Billion)
70. China Fatty Acids Market, By Application, 2020-2033 (USD Billion)
71. India Fatty Acids Market, By Form, 2020-2033 (USD Billion)
72. India Fatty Acids Market, By Type, 2020-2033 (USD Billion)
73. India Fatty Acids Market, By Source, 2020-2033 (USD Billion)
74. India Fatty Acids Market, By Application, 2020-2033 (USD Billion)
75. South America Fatty Acids Market, By Form, 2020-2033 (USD Billion)
76. South America Fatty Acids Market, By Type, 2020-2033 (USD Billion)
77. South America Fatty Acids Market, By Source, 2020-2033 (USD Billion)
78. South America Fatty Acids Market, By Application, 2020-2033 (USD Billion)
79. Brazil Fatty Acids Market, By Form, 2020-2033 (USD Billion)
80. Brazil Fatty Acids Market, By Type, 2020-2033 (USD Billion)
81. Brazil Fatty Acids Market, By Source, 2020-2033 (USD Billion)
82. Brazil Fatty Acids Market, By Application, 2020-2033 (USD Billion)
83. Middle East and Africa Fatty Acids Market, By Form, 2020-2033 (USD Billion)
84. Middle East and Africa Fatty Acids Market, By Type, 2020-2033 (USD Billion)
85. Middle East and Africa Fatty Acids Market, By Source, 2020-2033 (USD Billion)
86. Middle East and Africa Fatty Acids Market, By Application, 2020-2033 (USD Billion)
87. UAE Fatty Acids Market, By Form, 2020-2033 (USD Billion)
88. UAE Fatty Acids Market, By Type, 2020-2033 (USD Billion)
89. UAE Fatty Acids Market, By Source, 2020-2033 (USD Billion)
90. UAE Fatty Acids Market, By Application, 2020-2033 (USD Billion)
91. South Africa Fatty Acids Market, By Form, 2020-2033 (USD Billion)
92. South Africa Fatty Acids Market, By Type, 2020-2033 (USD Billion)
93. South Africa Fatty Acids Market, By Source, 2020-2033 (USD Billion)
94. South Africa Fatty Acids Market, By Application, 2020-2033 (USD Billion)
List of Figures
1. Global Fatty Acids Market Segmentation
2. Fatty Acids Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Fatty Acids Market Attractiveness Analysis By Form
9. Global Fatty Acids Market Attractiveness Analysis By Type
10. Global Fatty Acids Market Attractiveness Analysis By Source
11. Global Fatty Acids Market Attractiveness Analysis By Application
12. Global Fatty Acids Market Attractiveness Analysis By Region
13. Global Fatty Acids Market: Dynamics
14. Global Fatty Acids Market Share by Form (2023 & 2032)
15. Global Fatty Acids Market Share by Type (2023 & 2032)
16. Global Fatty Acids Market Share by Source (2023 & 2032)
17. Global Fatty Acids Market Share by Application (2023 & 2032)
18. Global Fatty Acids Market Share by Regions (2023 & 2032)
19. Global Fatty Acids Market Share by Company (2023)
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global fatty acids market based on below mentioned segments:
Global Fatty Acids Market by Form:
Global Fatty Acids Market by Type:
Global Fatty Acids Market by Source:
Global Fatty Acids Market by Application:
Global Fatty Acids Market by Region:
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