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Oleic Acid Market Size, Share & Trends Analysis Report, By End-use (Food & Beverages, Pharmaceutical, Soaps & Detergents, Personal Care & Cosmetics), By Region, And Segment Forecasts, 2023 - 2030

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    Report

  • 150 Pages
  • April 2023
  • Region: Global
  • Grand View Research
  • ID: 5786710
The global oleic acid market size is expected to reach USD 684.7 million by 2030, expanding at 4.6% CAGR from 2023 to 2030. The personal care and cosmetics industry is growing at a steady rate and is expected to continue growing in the coming years, due to increasing consumer demand for high-quality, natural, and organic products.

Oleic acid is widely used in the personal care and cosmetics industry, as they have several properties that make them useful in a variety of skincare products. These acids are considered a more stable form of fatty acid. As a result, they are included in the form of multiple personal care & cosmetic products to enhance the texture as well as to shield some other delicate substances like antioxidants from light and air exposure.

Additionally, the driving factors for the personal care and cosmetics market include an increasing emphasis on personal grooming and appearance and advances in technology and research leading to the development of new products. Furthermore, the rise of social media and the impact of influencers and celebrities on beauty trends also play a role in driving the market. As a result. The overall growth of the personal care & cosmetics market globally has paved way for oleic acid application and is expected to grow further over the forecast period.

Oleic acid also has several benefits when used in the right amounts. Apart from this, high consumption can cause some high-risk deficiencies, which could eventually lead to heart failure. Similarly, combining oleic acid with other blood pressure and diabetes medications can cause high-risk outcomes such as low blood sugar levels. Furthermore, it causes eye irritation along with the threat of causing respiratory tract irritations if inhaled. Such harmful side effects associated with the high consumption of the product are anticipated to hamper the market growth globally.

Oleic Acid Market Report Highlights

  • The personal care end-use segment is expected to register the fastest growth rate with a CAGR of 4.8% during the forecast period. This is mainly due to the rising usage of oleic acid in creams, sun, skin, hair, and oral care products
  • Among regions, Asia Pacific is likely to grow at 5.4% CAGR, registering the fastest growth rate during the forecast period. This growth is attributed to the rapid increase in demand for oleic acid from the rubber and plastics industries in China and India
  • In 2022, North America emerged as the largest consumer due to its increasing demand from the personal care & cosmetics industry especially from developed countries like the U.S.
  • In September 2020, research by Willmar International found that supplementing animal feed products with oleic acid increased milk production in lactating cows

Table of Contents

Chapter 1 Methodology And Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal Database
1.4 Information Analysis
1.5 Market Formulation & Data Visualization
1.6 Data Validation & Publishing
1.6.1 Research Scope And Assumptions
1.6.2 List Of Data Sources
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segment Snapshot
2.3 Competitive Landscape Snapshot
Chapter 3 Oleic Acid Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.2 Industry Value Chain Analysis
3.3 Price Trend Analysis, 2018 - 2030
3.3.1 Factors Influencing Prices
3.4 Market Dynamics
3.4.1 Market Driver Analysis
3.4.1.1 Increasing use in the personal care & cosmetics industry
3.4.1.2 Growing demand from other end-use industries
3.4.2 Market Restraint Analysis
3.4.2.1 Growing concerns regarding side effects of oleic acid
3.4.3 Market Challenge Analysis
3.4.4 Market Opportunity Analysis
3.5 Business Environment Analysis
3.5.1 Industry Analysis - Porter
3.5.2 Pestel Analysis
Chapter 4 Oleic Acid Market: End-Use Estimates & Trend Analysis
4.1 End-Use Movement Analysis & Market Share, 2022 & 2030
4.1.1 Food & Beverages
4.1.2 Pharmaceuticals
4.1.3 Soaps & Detergent
4.1.4 Personal Care & Cosmetics
4.1.5 Textile
4.1.6 Lubricants
4.1.7 Other End-Use
Chapter 5 Oleic Acid Market: Regional Estimates & Trend Analysis
5.1 Oleic Acid Market: Regional Outlook
5.2 North America
5.2.1 North America Oleic Acid Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.2.2 U.S.
5.2.2.1 Key Country Dynamics
5.2.2.2 U.S. Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.2.3 Canada.
5.2.3.1 Key Country Dynamics
5.2.3.2 Canada Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.2.3 Mexico
5.2.3.1 Key Country Dynamics
5.2.3.2 Mexico Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.3 Europe
5.3.1 Europe Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.3.2 Germany
5.3.2.1 Key Country Dynamics
5.3.2.2 Germany Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.3.3 U.K.
5.3.3.1 Key Country Dynamics
5.3.3.2 U.K. Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.3.4 France
5.3.4.1 Key Country Dynamics
5.3.4.2 France Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.3.5 Italy
5.3.5.1 Key Country Dynamics
5.3.5.2 Italy Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.4 Asia Pacific
5.4.1 Asia Pacific Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.4.2 Japan
5.4.2.1 Key Country Dynamics
5.4.2.2 Japan Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.4.3 China
5.4.3.1 Key Country Dynamics
5.4.3.2 China Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.4.4 India
5.4.4.1 Key Country Dynamics
5.4.4.2 India Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.5 Central &South America
5.5 1 Central & South America Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.5.2 Argentina
5.5.2.1 Key Country Dynamics
5.5 2.2 Argentina Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.5.3 Brazil
5.5.3.1 Key Country Dynamics
5.5 3.2 Brazil Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.6 Middle East & Africa
5.6 1 Middle East & Africa Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.6.2 South Africa
5.6.2.1 Key Country Dynamics
5.6 2.2 South Africa Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
5.6.3 Saudi Arabia
5.6.3.1 Key Country Dynamics
5.6 3.2 Saudi Arabia Oleic Acid Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6 Oleic Acid Market - Competitive Landscape
6.1 Key Company/Competition Categorization
6.2 Company Heat Map Analysis
6.3 Key Strategy Mapping
6.3.1 Mergers & Acquisition
6.3.2 Collaborations
6.3.3 Research & Development
6.4 List of Key End-users
6.5 Participant’s Overview
6.6 Financial Performance
6.7 Product Benchmarking
6.8 Company Listing
6.8.1 AkzoNobel N.V.
6.8.2 BASF SE
6.8.3 Emery Oleochemicals LLC
6.8.4 Vantage Specialty Chemicals
6.8.5 KLK Oleo
6.8.6 IOI Oleochemicals
6.8.7 Shuangma Chemical
List of Tables
Table 1 Oleic Acid Market - Regulatory Framework
Table 2 U.S. macro-economic outlay
Table 3 Canada macro-economic outlay
Table 4 Mexico macro-economic outlay
Table 5 Germany macro-economic outlay
Table 6 U.K. macro-economic outlay
Table 7 France macro-economic outlay
Table 8 Italy macro-economic outlay
Table 9 China macro-economic outlay
Table 10 India macro-economic outlay
Table 11 Japan macro-economic outlay
Table 12 Argentina macro-economic outlay
Table 13 Brazil macro-economic outlay
Table 14 Saudi Arabia macro-economic outlay
Table 15 South Africa macro-economic outlay
Table 16 Company Heat Map Analysis
Table 17 Key Companies Involved in M&As
Table 18 Key Companies undergoing collaborations
Table 19 Key Companies Undertaking R&D Activities
Table 20 List of Key end users
Table 21 Participant’s Overview
Table 22 Financial Performance
Table 23 Product Benchmarking
List of Figures
Fig. 1 Oleic Acid Market Segmentation & Scope
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Oleic Acid Market Snapshot
Fig. 7 Oleic Acid Market Segment Outlook
Fig. 8 Oleic Acid Market Competitive Landscape Snapshot
Fig. 9 Global Fatty Acids Market Value, 2022 (USD Million)
Fig. 10 Oleic Acid Market - Value Chain Analysis
Fig. 11 Oleic Acid Market: Price Trend Analysis, 2018 - 2030 (USD/Kg)
Fig. 12 Oleic Acid Market - Market Dynamics
Fig. 13 PORTER’S Analysis
Fig. 14 PESTEL Analysis
Fig. 15 Oleic Acid Market Estimates & Forecasts, by End - Use: Key Takeaways
Fig. 16 Oleic Acid Market Share, By End - Use, 2022 & 2030
Fig. 17 Oleic Acid Market Estimates & Forecasts and Trend Analysis, in Food & Beverages, 2018 - 2030 (Kilotons) (USD Million)
Fig. 18 Oleic Acid Market Estimates & Forecasts and Trend Analysis, in Pharmaceutical, 2018 - 2030 (Kilotons) (USD Million)
Fig. 19 Oleic Acid Market Estimates & Forecasts and Trend Analysis, in Soaps & Detergents, 2018 - 2030 (Kilotons) (USD Million)
Fig. 20 Oleic Acid Market Estimates & Forecasts and Trend Analysis, in Personal Care & Cosmetics, 2018 - 2030 (Kilotons) (USD Million)
Fig. 21 Oleic Acid Market Estimates & Forecasts and Trend Analysis, in Textile, 2018 - 2030 (Kilotons) (USD Million)
Fig. 22 Oleic Acid Market Estimates & Forecasts and Trend Analysis, in Lubricants, 2018 - 2030 (Kilotons) (USD Million)
Fig. 23 Oleic Acid Market Estimates & Forecasts and Trend Analysis, By Other End - Uses, 2018 - 2030 (Kilotons) (USD Million)
Fig. 24 Oleic Acid Market Revenue, by Region, 2022 & 2030 (USD Million)
Fig. 25 North America Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 26 U.S. Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 27 Canada Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 28 Mexico Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 29 Europe Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 30 Germany Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 31 U.K. Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 32 France Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 33 Italy Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 34 Asia Pacific Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 35 China Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 36 India Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 37 Japan Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 38 Central & South America Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 39 Argentina Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 40 Brazil Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 41 Middle East & Africa Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 42 Saudi Arabia Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 43 South Africa Oleic Acid Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)

Companies Mentioned

  • AkzoNobel N.V.
  • BASF SE
  • Emery Oleochemicals LLC
  • Vantage Specialty Chemicals
  • KLK Oleo
  • IOI Oleochemicals
  • Shuangma Chemical

Methodology

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Table Information