Fatty acids are important component of lipids (fat-soluble components of living cells) in plants, animals, and microorganisms. Generally, a fatty acid consists of a straight chain of an even number of carbon atoms, with hydrogen atoms along the length of the chain and at one end of the chain and a carboxyl group (−COOH) at the other end. It is this carboxyl group that makes it an acid (carboxylic acid). If the carbon-to-carbon bonds are all single, the acid is saturated; if any of the bonds is double or triple, the acid is unsaturated and is more reactive. A few fatty acids have branched chains; others contain ring structures (e.g., prostaglandins). Fatty acids are not found in a free state in nature; commonly they exist in combination with the alcohol glycerol in the form of triglyceride.
According to the new market research report “Fatty Acids - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Fatty Acids market size is projected to reach USD 16.92 billion by 2029, at a CAGR of 4.7% during the forecast period.
Global Fatty Acids MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Fatty Acids - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Global Fatty Acids Top23Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, "Fatty Acids - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
The global key manufacturers of Fatty Acids include Wilmar, KLK, Emery Oleochemicals, IOI, Musim Mas, Zhejiang Zanyu, Permata Hijau Group, Sichuan Tianyu, Oleon, Bakrie Group, etc. In 2021, the global top 10 players had a share approximately 45.0% in terms of revenue.
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