Linoleic Acid Market Size, Share, Opportunities, And Trends By Application (Food & Beverages, Paints and Inks, Personal Care & Cosmetics, Pharmaceuticals, Others), And By Geography - Forecasts From 2023 To 2028
- Published : Apr 2023
- Report Code : KSI061614833
- Pages : 140
Linoleic acid is a vital polyunsaturated fatty acid for biological nutrition. It is an omega-6 fatty acid that the human body cannot produce on its own and must be received through diet. Several plant-based foods, including nuts, seeds, and vegetable oils including soybean, sunflower, and safflower oils, contain linoleic acid. The body uses linoleic acid for a number of vital processes, including encouraging proper growth and development, supporting healthy skin, hair, and nails, and controlling inflammation. Moreover, it can also help to lower cholesterol levels and lower the chance of developing heart disease. The demand for dietary supplements, personal care items, and goods for healthy eating is driving the global linoleic acid market. Moreover, it is employed in the manufacture of commercial goods like plastics, resins, and coatings. The need for natural, plant-based components in a variety of sectors and expanding consumer awareness of the health advantages of omega-6 fatty acids are projected to drive the growth of the linoleic acid market.
The linoleic acid market is driven by growing health awareness and rising demand for natural and plant-based ingredients.
Consumers are looking for food goods, dietary supplements, and personal care products that offer health benefits as the emphasis on healthy eating and active lives grows. Because of its potential health advantages, such as lowering inflammation, fostering heart health, and enhancing skin health, linoleic acid is a crucial component in many such products. Customers are looking for natural, plant-based substitutes for synthetic chemicals as they become more aware of the substances in the items they use. Linoleic acid is a naturally occurring fatty acid that is highly sought after by businesses that produce food, beverages, personal care, and cosmetics goods.
Many health advantages have been linked to linoleic acid, which has resulted in consumers becoming increasingly aware of the value of incorporating omega-6 fatty acids in their diets as a result of growing research on the health advantages of these fats. The US National Institutes of Health state that omega-6 fatty acids, such as linoleic acid, are essential for maintaining health and have been linked to a reduced risk of heart disease, diabetes, and other illnesses. This has significantly benefitted the linoleic acids market.
Key developments.
- In November 2022, the introduction of BB Cream SPF 40 by Monat, a significant manufacturer of haircare, skincare, and wellness products, marked the company's entry into the color cosmetics market. This product could provide hydration, sun protection, and buildable coverage. According to the company, this multi-purpose tinted moisturizer quickly nourishes the face for up to 24 hours and conceals flaws for up to 12 hours. There are nine scent-free color options available. Linoleic acid is one of its main constituents among a number of other substances.
Based on application, the linoleic acid market is expected to witness positive growth in the paints and inks segment.
Linoleic acid is commonly used in the production of paints and inks due to its ability to act as a drying oil. The linoleic acid market for paints and inks application is expected to grow steadily in the coming years, driven by increasing demand from the construction, automotive, and printing industries. However, regulatory constraints, supply chain risks, and price volatility may pose challenges for market participants.
North America accounted for major shares of the linoleic acid market, while the Asia Pacific linoleic market is also expected to grow significantly.
Based on geography, the linoleic acid market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The market for linoleic acid in North America is propelled by the rise in demand for products that promote health and wellbeing as well as the expanding use of linoleic acid in commercial products like coatings and lubricants. With numerous big participants in the market, the US is a significant producer and user of linoleic acid. The output of soybean oil, a significant source of linoleic acid, is anticipated to rise in the US in 2021 as a result of high demand from the food and industrial sectors, according to a report by the US Department of Agriculture (USDA).
Further, the rising demand for personal care, food, and beverage items in the Asia Pacific is being driven by the region's expanding population and rising disposable income. A number of significant market participants are also based in the region, particularly in China and India.
Linoleic Acid Market Scope:
Report Metric | Details |
Growth Rate | CAGR during the forecast period |
Base Year | 2021 |
Forecast Period | 2023 – 2028 |
Forecast Unit (Value) | USD Billion |
Segments Covered | Application and Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | Cargill, Incorporated, BASF SE, Eastman Chemical Company, Croda International plc, Koninklijke DSM N.V. (DSM), Cayman Chemical, Santa Cruz Biotechnology, Inc., Hefei TNJ Chemical Industry Co., Ltd., Parchem Fine & Specialty Chemicals, Fairchem Organics Limited |
Customization Scope | Free report customization with purchase |
Key Market Segments
- By Application
- Food & Beverages
- Paints and Inks
- Personal Care & Cosmetics
- Pharmaceuticals
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East And Africa
- Saudi Arabia
- Israel
- UAE
- Other
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Vietnam
- Indonesia
- Others
- North America
Frequently Asked Questions (FAQs)
2021 has been taken as the base year in the linoleic acid market report.
Prominent key market players in the linoleic acid market include Cargill, Incorporated, BASF SE, Eastman Chemical Company, Croda International plc, and Koninklijke DSM N.V. (DSM), among others.
The global linoleic acid market has been segmented by application and geography.
The linoleic acid market is driven by growing health awareness and rising demand for natural and plant-based ingredients.
North America accounted for major shares of the linoleic acid market.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. LINOLEIC ACID MARKET, BY APPLICATION
5.1. Introduction
5.2. Food & Beverages
5.3. Paints and Inks
5.4. Personal Care & Cosmetics
5.5. Pharmaceuticals
5.6. Others
6. LINOLEIC ACID MARKET, BY GEOGRAPHY
6.1. Introduction
6.2. North America
6.2.1. USA
6.2.2. Canada
6.2.3. Mexico
6.3. South America
6.3.1. Brazil
6.3.2. Argentina
6.3.3. Others
6.4. Europe
6.4.1. United Kingdom
6.4.2. Germany
6.4.3. France
6.4.4. Spain
6.4.5. Others
6.5. Middle East And Africa
6.5.1. Saudi Arabia
6.5.2. Israel
6.5.3. UAE
6.5.4. Other
6.6. Asia Pacific
6.6.1. China
6.6.2. Japan
6.6.3. India
6.6.4. South Korea
6.6.5. Australia
6.6.6. Vietnam
6.6.7. Indonesia
6.6.8. Others
7. COMPETITIVE ENVIRONMENT AND ANALYSIS
7.1. Major Players and Strategy Analysis
7.2. Emerging Players and Market Lucrativeness
7.3. Mergers, Acquisition, Agreements, and Collaborations
7.4. Vendor Competitiveness Matrix
8. COMPANY PROFILES
8.1. Cargill, Incorporated
8.2. BASF SE
8.3. Eastman Chemical Company
8.4. Croda International plc
8.5. Koninklijke DSM N.V. (DSM)
8.6. Cayman Chemical
8.7. Santa Cruz Biotechnology, Inc.
8.8. Hefei TNJ Chemical Industry Co., Ltd.
8.9. Parchem Fine & Specialty Chemicals
8.10. Fairchem Organics Limited
Cargill, Incorporated
BASF SE
Eastman Chemical Company
Croda International plc
Koninklijke DSM N.V. (DSM)
Santa Cruz Biotechnology, Inc.
Hefei TNJ Chemical Industry Co., Ltd.
Parchem Fine & Specialty Chemicals
Fairchem Organics Limited
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