Fatty Acid Market

• Increase awareness regarding personal hygiene and cleaning to boost the market growth

Fatty acids can be found in a variety of cleaning supplies for the home, including soaps, detergents, bleaches, and cleaners. Some fatty acids utilized in soap and detergent formulations include lauric, myristic, palmitic, stearic, ricinoleic, oleic, linoleic, and linolenic acids. The sodium salts of fatty acids, produced from triglycerides or hydrolyzed fatty acids, make up about 70–85% of natural herbal soap bars. The market value of the European household care, professional cleaning, and hygiene sectors was predicted by the International Association for Soaps, Detergents, and Maintenance Products (A.I.S.E.) to be US$ 47.1 billion in 2020.

Therefore, the growing awareness regarding personal hygiene has enhanced the fatty acid market CAGR in recent years. 

Omega fatty acid supplements are used more frequently due to growing health consciousness. Fish oils are rich in omega fatty acids, essential components for the human body. Omega-3 supplements can be used as dietary supplements or therapeutic supplements and can aid in the relief of rheumatoid arthritis symptoms. The usage of Omega-3 and Omega-6 fatty acids aids in the prevention and treatment of diseases, enhances cardiovascular health, encourages a healthy metabolism, lessens joint pain and inflammation, improves brain function, etc. The World Health Organization (WHO) estimates that 17.9 million individuals worldwide die yearly due to cardiovascular illnesses.

Therefore, the market for fatty acids is anticipated to be driven by growing awareness of health issues, particularly heart ailments. Thus, the increasing sales of fatty acids supplement is another factor driving the growth of the fatty acid market revenue.

The Global Global Fatty Acid Market Industry is projected to experience substantial growth in the coming years. With a market value of 24.5 USD Billion in 2024, the industry is expected to expand at a compound annual growth rate of 4.66% from 2025 to 2035. This growth is driven by various factors, including the rising demand for biofuels, expanding applications in food and personal care, and increased awareness of health benefits. The market's trajectory indicates a potential value of 40.4 USD Billion by 2035, reflecting the dynamic nature of the industry and its adaptability to changing consumer preferences.

The Global Global Fatty Acid Market Industry experiences a notable surge in demand for biofuels, driven by the global shift towards renewable energy sources. Fatty acids serve as essential feedstocks for biodiesel production, which is increasingly favored due to its lower carbon footprint compared to fossil fuels. In 2024, the market is projected to reach 24.5 USD Billion, reflecting the growing emphasis on sustainable energy solutions. Governments worldwide are implementing policies to promote biofuel usage, further propelling the market. This trend is expected to continue, with the industry potentially reaching 40.4 USD Billion by 2035, indicating a robust growth trajectory fueled by environmental considerations.

The Global Global Fatty Acid Market Industry is witnessing growth driven by the increasing use of fatty acids in personal care and cosmetic products. Fatty acids are valued for their moisturizing properties and ability to enhance product texture, making them essential ingredients in creams, lotions, and hair care products. As consumers become more conscious of ingredient transparency and sustainability, the demand for naturally derived fatty acids is expected to rise. This trend is reflected in the market's projected growth, with an anticipated CAGR of 4.66% from 2025 to 2035. The personal care sector's ongoing innovation and focus on clean beauty further bolster the industry's prospects.

The Global Global Fatty Acid Market Industry is benefiting from increased awareness of the health benefits associated with fatty acids. Omega-3 and omega-6 fatty acids, in particular, are recognized for their role in promoting heart health and reducing inflammation. As consumers become more health-conscious, the demand for dietary supplements and functional foods containing these fatty acids is likely to rise. This trend is supported by the projected market growth, with the industry expected to reach 40.4 USD Billion by 2035. The emphasis on preventive healthcare and the integration of fatty acids into wellness products suggest a favorable outlook for the market.

The Global Global Fatty Acid Market Industry is significantly influenced by the expanding applications of fatty acids in the food sector. Fatty acids are utilized as emulsifiers, stabilizers, and flavor enhancers in various food products, contributing to improved texture and shelf life. As consumer preferences shift towards healthier and more natural food options, the demand for fatty acids derived from plant sources is likely to increase. This trend aligns with the projected market growth, as the industry is anticipated to reach 40.4 USD Billion by 2035. The food industry's evolving landscape, coupled with regulatory support for clean label products, suggests a promising future for fatty acids in food applications.

Technological advancements in the production of fatty acids are significantly impacting the Global Global Fatty Acid Market Industry. Innovations in extraction and processing techniques enhance yield and efficiency, making production more sustainable and cost-effective. For instance, the development of enzymatic processes allows for the extraction of fatty acids from renewable sources with minimal environmental impact. These advancements not only improve the economic viability of fatty acid production but also align with global sustainability goals. As a result, the industry is poised for growth, with projections indicating a market value of 24.5 USD Billion in 2024 and a potential increase to 40.4 USD Billion by 2035.

By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. North America Fatty Acid market accounted for USD 10.6 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. Product consumption in North America is anticipated to increase due to rising demand from several end-use industries, including domestic cleaning, pharmaceuticals, and food & beverage. One of the main users of fatty acids is the United States. The US market is shifting from refined 18:12 oils to concentrates and other products.

Further, the major countries studied in the market report are Canada, U.S, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2:  FATTY ACID MARKET SHARE BY REGION 2022 (%)Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

Asia-Pacific fatty acid market accounts for the second-largest market share. One of the main factors boosting the market expansion for fatty acids in the Asia Pacific area is the existence of a sizable population coupled with the rising usage of cleaning goods like soaps and detergents. In the Indian FMCG industry, making soap is one of the key operations, accounting for more than 50% of the consumer goods sector, according to an article published by IndianMirror. Moreover, China’s fatty acid held the largest market share, and India's fatty acid industry was the fastest-growing market in the Asia-Pacific region.

The Europe Fatty Acid Market is expected to grow at the fastest CAGR from 2022 to 2030. The region's booming pharmaceutical and cosmetic sectors are one reason for the region's predicted growth in the upcoming years. Customers in Europe and South America are becoming more aware of the health advantages of polyunsaturated fatty acids, which has increased the demand for nutritional supplements and functional foods that contain these fats. Further, the German market of fatty acid held the largest market share, and the UK fatty acid industry was the fastest-growing market in the European region.

Major market players are investing huge amounts of money in R&D to expand their product offerings, which will spur further growth in the fatty acid market. With significant market developments like introducing new products, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic initiatives to expand their  footprint. To grow and thrive in a fierce climate of competition, and the market is growing, competitors in the fatty acid industry must provide affordable products.

One of the primary business strategies manufacturers use in the  fatty acid industry to assist customers and expand the market sector is local manufacturing to reduce operating costs. The fatty acid industry has recently given medicine some of the most important advantages. The fatty acid market's major players include Godrej Industries (India), BASF SE (Germany), WujiangJinyu Lanolin Co. (China), Ferro Corporation (US), and others who are supporting R&D initiatives to boost market demand.

Neptune Wellness Solutions, Inc. is a wellness firm that sells nutraceuticals, organic food and beverages, and consumer packaged goods to retail and business consumers. The company focuses on establishing a portfolio of high-quality, affordable consumer products that match the most recent market trends for natural, sustainable, plant-based, and purpose-driven lifestyle brands. In July 2021, Neptune Wellness Solutions Inc., a diverse and fully integrated health and wellness corporation focused on plant-based, sustainable, and purpose-driven lifestyle products, launched Forest Remedies' plant-based Multi Omega 3-6-9 gummies and soft gels featuring Ahiflower as a key ingredient.

Also, Kraton Corporation is a  leader in producing specialty polymers and high-value biobased products produced from co-products of pine wood pulping. Kraton polymers are utilized in various applications, such as adhesives, coatings, consumer and personal care goods, sealants and lubricants, medical, packaging, automotive, paving, and roofing. In August 2022, Kraton Chemical LLC/Kraton Chemical Products Shanghai Co. Ltd (Kraton) chose premier chemical distributor Redox Ltd (Redox) as a channel partner in Australia and New Zealand for its Tall Oil Fatty Acid and Ink Polyamides ranges.