is a naturally produced acid. Caprylic acid is generally found in palm oil, coconut and in bovine and human milk. Caprylic Acid is a part of fatty acid and it is also known as octanoic acid. This exists in the form of oily liquid which is minimally soluble in the water. Caprylic acid also contains the properties of antifungal, antibacterial, antiviral and anti-inflammatory. Globally demand for caprylic acid is expected to be driven by increasing demand from food & beverage industry.
This report identifies the caprylic acid market
size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to caprylic acid market.
Globally Asia-Pacific dominated the market for caprylic acid in 2015 with due to higher consumption of caprylic acid in various end-use industries such as food industry and cosmetics. Asia-Pacific is expected to continue dominating caprylic acid market and also expected to be the fastest growing market due to increasing number of end-use industries in the region especially in major economies such as India, China and Japan. Asia-Pacific was followed by North America and Europe as the second and third largest markets respectively in 2015. Demand for caprylic acid is expected to witness growth in the North American market due to increasing awareness about health benefits associated with caprylic acid.
This report on caprylic acid also covers different end-use industry using caprylic acid for applications and market size in various geographical regions.
This report identifies all the major companies operating in the caprylic acid market. Some of the major companies’ profiles in detail are as follows:
- On the basis of end-use industry, this report on caprylic acid is segmented as follows covering all major end-use industries using caprylic acid: Personal Care, Pharmaceuticals, Food & Beverage, Rubber and Latex, Greases and Lubricants, Organic Synthesis and Others
- This is report has been further segmented into major regions, which includes detailed analysis of each region such as North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW) covering all the major country level markets for caprylic acid in each of the region.
- Kuala Lumpur Kepong (KLK)
- Wilmar International Vantage Oleochemical
- Evergreen Oleochemicals
- Pacific Oleochemicals Sdn Bhd