The fatty acids market efficiently consists of sales of fatty acids and correlated services. The Fatty acids act as energy for muscles, heart and several other organs as building blocks for fats in the human body and also as a proxy that manages tenderness in the body. Fatty acids encompasses of a straight chain of an even amount of carbon atoms with hydrogen atoms along the dimension of the chain and at one end of the chain and a carboxyl group (COOH) at the other end.
According to the report analysis, ‘Fatty Acids Global Market Report 2020’
states that in the fatty acids global market there are several companies which
presently operating more effectively for leading the highest market growth and
registering the greatest value of market share around the globe during the
inflowing years while spreading the awareness related to the fatty acids,
delivering the better consumer satisfaction, implementing the profitable
strategies and polices, studying and analyzing the strategies and policies of
the government, developing the specifications of the production technologies,
decreasing the linked prices and employing the young work force includes BASF
SE, Fmc Corporation, The Dow Chemical Company, Koninklijke DsmNv, Enzymotec
Ltd., Croda International Plc, Omega Protein Corporation, Aker Biomarine As,
Polaris Nutritional Lipids, Cargill, Incorporated and several others.
The worldwide fatty acids manufacturing market was worth USD
128.94 billion in 2019. It is projected to increase at a compound annual growth
rate (CAGR) of 4% and reach USD 148.22 billion by 2023.
The fatty acids market is being propelled by the rising requirement
for cosmetics and personal care products. The Fatty acids are the emollients
and emulsifiers in the cosmetics industry, utilized to restock and soothe the
skin. It is utilized as an ingredient in a variability of skin care products
likewise creams, lotions, shampoos, and lipsticks. The Esters of fatty acids
likewise triglycerides, phospholipids, and cholesterol esters are commonly utilized
in cosmetics as skin hydrants and thickeners. For example, during 2017,
according to the worldwide Wellness Institute, beauty, personal care, and the
anti-aging market registered for USD 1,083 billion. The increasing demand for
cosmetics and personal care products augmented the requirement for fatty acids,
driving the market.
The Omega fatty acid supplements are progressively being used owing
to rising consciousness concerning health. Omega fatty acids are exist
extensively in fish oils and are the vital ingredients to the human body. The
Omega-3 supplements can support relieve rheumatoid arthritis symptoms and can
also be utilized as dietary supplements or medicinal supplements. Usage of
Omega-3 fatty acids and Omega-6 fatty acids support to combat diseases and enhance
cardiovascular health, encourage healthy metabolism, decrease pain and
inflammation in joints, augment optimal brain function, etc. For example, across
India, heart disease is one of the leading causes of death, registering for 1.7
million deaths in 2017, more than 53% from 2005. The worldwide omega 3
supplements market is projected to increase from USD 37.95 billion in 2018 to
USD 57.06 billion by 2025.
Throughout February 2018, Frutarom Industries Ltd., an
Israeli-based company focused in manufacturing and distributing food flavors,
seasonings, and fragrances, assimilated Enzymotec Ltd. for an undisclosed
amount. The acquisition supported Frutarom Industries Ltd. in improving its
products likewise infant formula, pharmaceuticals, dietary supplements and
elderly clinical nutrition. Enzymotec Ltd. is an Israeli-based entity that
specializes in improving, manufacturing and marketing nutritional ingredient
products. Therefore, in the near years, it is predicted that the market of
fatty acids will increase around the globe more effectively over the inflowing
duration.
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Ankur Gupta, Head Marketing & Communications
+91-9015378249
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