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Fatty Esters - Global Strategic Business Report

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    Report

  • 635 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338494

Global Fatty Esters Market to Reach $3 Billion by 2030

The global market for Fatty Esters estimated at US$2.2 Billion in the year 2023, is projected to reach a revised size of US$3 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2023-2030.

GMS Fatty Esters, one of the segments analyzed in the report, is projected to record 3.4% CAGR and reach US$1 Billion by the end of the analysis period. Growth in the MCT Oil segment is estimated at 5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $769.4 Million, While China is Forecast to Grow at 7.3% CAGR

The Fatty Esters market in the U.S. is estimated at US$769.4 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$549.8 Million by the year 2030 trailing a CAGR of 7.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 151 Featured)

  • BASF SE
  • Akzo Nobel NV
  • Arkema Group
  • Archer Daniels Midland Company
  • Ashland Global Holdings, Inc.
  • AAK AB
  • Calumet Specialty Products Partners LP
  • A.B. Enterprises
  • Alfa Chemicals Ltd.
  • Alzo International, Inc.
  • Berg + Schmidt GmbH & Co. KG
  • American eChem, Inc.
  • Avril SCA
  • Acme Synthetic Chemicals
  • A&A Fratelli Parodi Spa

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Fatty Esters: A Prelude
  • Regional Market Analysis
  • Key Fatty Ester Segments
  • Glyceryl Monostearate
  • Medium Chain Triglyceride (MCT) Oil
  • Other Fatty Esters
  • Glycol Esters (Polyethylene Glycol Esters)
  • Polyol Esters
  • Sorbitan Esters
  • Sucrose Esters
  • Glycerol Monostearate Dominates the Market
  • Food Sector and Personal Care & Cosmetics Remain Important Markets
  • Fatty Esters - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Favorable Trends in Food Consumption Drive Demand for Fatty Esters
  • Food and Beverage Additives Market (2023): Percentage Share Breakdown of Value Sales by Type of Additive
  • Global Emulsifiers Market (2023): Percentage Share Breakdown of Volume Sales by Type
  • Global Emulsifiers Market (2023): Percentage Share Breakdown of Volume Sales by Application
  • Rise in Consumption of Processed Food Drives Opportunities
  • Global Processed Foods Market Revenues (in $ Billion) for the Years 2019, 2022 and 2025
  • Fatty Esters Find Multifunctional Role in Bakery Products Industry
  • Lower Per Capita Consumption Offers Huge Market Potential in Developing Countries. Global Per Capita Consumption (Volume) of Bakery Products by Country: 2021
  • Rise in Veganism Boosts Demand for Vegan Friendly Fatty esters
  • Global Vegans and Vegetarian Population Share of Total Population: 2014, 2020, and 2030
  • Alarming Rise in Overweight and Obese Population: A Strong Business Case for Fatty Esters as Fat Replacers
  • Global Obesity Epidemic: Percentage of Overweight, Obese, and Severely Obese Adults for 2014 & 2025
  • Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
  • Increasing Preference for Natural Ingredients in Personal Care Products Drives Demand
  • Primary Functions of Esters in Personal Care Products
  • Growth in Personal Care Products & Cosmetics Augurs Well for Market Growth
  • Global Cosmetic Chemicals Market (2021): Percentage Breakdown of Value Sales by Application - Color Cosmetics, Hair Care & Skin Care, Perfumes &Fragrances and Others
  • Global Cosmetic Chemicals Ingredients Market (2021): Percentage Share Breakdown of Volume Sales by Product Segment
  • Drug Delivery Application of MCT Oil in the Pharmaceutical Industry Augur Well for the Market
  • Global Prescription Drug Sales (In US$ Billion) for the Years 2017, 2019, 2021, 2023 & 2025
  • Fatty Esters Play an Important Role in Improving the Economics of Animal Farming
  • Global Animal Feed Additives Market Estimates and Forecasts in US$ Billion: 2019, 2021, 2023, and 2025
  • Nutritional Supplements: A Strong Growth Driver
  • MCT Oil Gains increasing Attention as Supplements with Positive Health Claims
  • High Performing Lubricating Properties of Fatty Esters Drive Application as Metalworking Fluids
  • SuiTable Lubrication Properties of Fatty Esters Drives Interest in Its Synthesis in Production of Potential Biolubricants
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for GMS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for GMS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 3: World 15-Year Perspective for GMS by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for MCT Oil by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for MCT Oil by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 6: World 15-Year Perspective for MCT Oil by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for IPP & IPM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for IPP & IPM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 9: World 15-Year Perspective for IPP & IPM by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Other Product Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Other Product Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 12: World 15-Year Perspective for Other Product Segments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Food Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Food Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 15: World 15-Year Perspective for Food Processing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Personal Care & Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Personal Care & Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 18: World 15-Year Perspective for Personal Care & Cosmetics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Functional Fluids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Functional Fluids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 21: World 15-Year Perspective for Functional Fluids by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 24: World 15-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 25: World Fatty Esters Market Analysis of Annual Sales in US$ Thousand for Years 2015 through 2030
  • Table 26: World Recent Past, Current & Future Analysis for Fatty Esters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Fatty Esters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 28: World 15-Year Perspective for Fatty Esters by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2015, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Fatty Esters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Fatty Esters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Fatty Esters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Fatty Esters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Fatty Esters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Fatty Esters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Fatty Esters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Fatty Esters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Fatty Esters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Fatty Esters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Fatty Esters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Fatty Esters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Fatty Esters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BASF SE
  • Akzo Nobel NV
  • Arkema Group
  • Archer Daniels Midland Company
  • Ashland Global Holdings, Inc.
  • AAK AB
  • Calumet Specialty Products Partners LP
  • A.B. Enterprises
  • Alfa Chemicals Ltd.
  • Alzo International, Inc.
  • Berg + Schmidt GmbH & Co. KG
  • American eChem, Inc.
  • Avril SCA
  • Acme Synthetic Chemicals
  • A&A Fratelli Parodi Spa

Table Information