Quick Summary:
As we navigate an ever-evolving global economic landscape, unparalleled insight is the key to strategic agility and competitive advantage. The Global Capric Acid Market, a sector currently valued at US$1.9 Billion, offers significant opportunities for growth. This report, providing an in-depth analysis of this growing market set to reach US$2.8 Billion by 2030, equips you with critical data, trends, and projections.
Discover the transformative potential within the Personal Care segment, expected to grow at a 5.3% CAGR to reach US$1 Billion, or the Food & Beverage sector, projected for a 5.6% CAGR growth over the next eight years. Internationally, explore opportunities in diverse markets, from the U.S, valued at $497.4 Million, to China's fast-growing market, expected to reach US$641.8 Million by 2030. Our report provides detailed and nuanced market intelligence, crucial for making informed, strategic business decisions.
Global Capric Acid Market to Reach $2.8 Billion by 2030
The global market for Capric Acid estimated at US$1.9 Billion in the year 2022, is projected to reach a revised size of US$2.8 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030. Personal Care, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Food & Beverage segment is readjusted to a revised 5.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $497.4 Million, While China is Forecast to Grow at 8.1% CAGR
The Capric Acid market in the U.S. is estimated at US$497.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$641.8 Million by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.Select Competitors (Total 12 Featured) -
- Acme-Hardesty Company
- Chemceed
- Ecogreen Oleochemicals (Singapore) Pte., Ltd.
- Ecogreen Oleochemicals GmbH
- Hangzhou Oleochemicals Co., Ltd.
- Henan Eastar Chemicals Co., Ltd
- KLK Oleo
- Majorhub Oleochemicals Pvt. Ltd.
- Oleocomm Global SDN. BHD.
- P&G Chemicals
- PT Bakrie Sumatera Plantations Tbk
- Temix Oleo Srl
- Univar USA, Inc.
- VVF LLC
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Capric Acid?
What is the growth rate of the Global Market for Capric Acid?
What is the forecasted size of the Global Market for Capric Acid?
Who are the key companies in the Global Market for Capric Acid?
| Report Attribute | Details |
|---|---|
| No. of Pages | 179 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.9 Billion |
| Forecasted Market Value ( USD | $ 2.8 Billion |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Acme-Hardesty Company
- Chemceed
- Ecogreen Oleochemicals (Singapore) Pte., Ltd.
- Ecogreen Oleochemicals GmbH
- Hangzhou Oleochemicals Co., Ltd.
- Henan Eastar Chemicals Co., Ltd
- KLK Oleo
- Majorhub Oleochemicals Pvt. Ltd.
- Oleocomm Global SDN. BHD.
- P&G Chemicals
- PT Bakrie Sumatera Plantations Tbk
- Temix Oleo Srl
- Univar USA, Inc.
- VVF LLC
