Global Caprylic Acid Market 2017-2021

Published: November 2017
No. of Pages: 65
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Caprylic acid or octanoic acid consists of eight-carbon saturated fatty acid. Caprylic acid can be found in the milk of many mammals, palm oil (3%-5%), and coconut (5%-8%). It is minutely soluble in water and has a rancid smell and taste. Caprylic acid has antimicrobial properties that restrain the growth of microbes such as bacteria, fungi, and algae. It has proved to be beneficial in fighting Candida fungi. In addition, it oxidizes fat component in the body, which enables to burn excess calories and helps in losing weight.

The analysts forecast global caprylic acid market to grow at a CAGR of 6.50% during the period 2017-2021.

Covered in this report

This report covers the present scenario and the growth prospects of the global caprylic acid market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

This report, Global Caprylic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Forchem Oyj
  • IOI Corporation
  • Kuala Lumpur Kepong
  • Oleon
  • Wilmar International

Other prominent vendors

  • Acme Chem
  • Ecogreen Oleochemicals
  • Hallstar
  • Pacific Oleochemicals
  • P&G Chemicals
  • Solazyme
  • VVF

Market driver

  • Increasing promotion by governments
  • For a full, detailed list, view our report

Market challenge

  • Uncertainty about long-term effects of caprylic acid
  • For a full, detailed list, view our report

Market trend

  • Growing demand in food and drug segment
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

Published By: Technavio
Product Code: Technavio17982


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