Fatty Acid Industry Statistics

In this post, we delve into the thriving fatty acid industry, exploring key statistics and projections that shape the global market landscape. From market values and demand trends to regional consumption patterns and sector-specific insights, these statistics offer a comprehensive overview of the dynamic fatty acid sector.

Statistic 1

"By 2025, the global fatty acid market is projected to reach around USD 19.3 billion."

Statistic 2

"The demand for Omega-3 in the global market was over 125 kilotons in 2017."

Statistic 3

"China is the major consumer of fatty acids, accounting for more than 35% of the total volume in 2017."

Statistic 4

"As of 2019, the value of the U.S. fatty acid market was valued at over USD 9 billion."

Statistic 5

"Europe will witness over 8% CAGR (Compound Annual Growth Rate) in fatty acids market by 2027."

Statistic 6

"The polyunsaturated fatty acids segment held the largest share, over 49%, of the total market in 2021."

Statistic 7

"The global fatty acids market grew at a CAGR of 5.4% from 2015 to 2021."

Statistic 8

"In 2018, the food & beverage sector accounted for approximately 28% share of the global fatty acids market."

Statistic 9

"Asia-Pacific region will witness the fastest growth, nearly 7.5% CAGR, in fatty acids market through 2027."

Statistic 10

"For the use of detergents, the fatty acid market will grow at a CAGR of 7.8% from 2021 to 2025."

Statistic 11

"The worldwide fatty acid supplements market size was over USD 2.89 billion in 2020."

Statistic 12

"The revenue of the fatty acids market in Germany reached nearly USD 1 billion in 2021."

Statistic 13

"Over 35% of the U.S. fatty acid demand derived from soap applications in 2019."

Statistic 14

"The leading company Wilmar International accounted for 43% of the total market share of fatty acids in 2018."

Statistic 15

"North America fatty acid esters market exceeded USD 1 billion in 2020."

Statistic 16

"The market size of fatty alcohols, derived from fatty acids, was valued at USD 5.08 billion in 2019."

Statistic 17

"The value of omega-3 fatty acid market is expected to reach USD 4.50 billion by 2025, from USD 2.37 billion in 2017."

Statistic 18

"The global industrial application of fatty acids is projected to reach a market size of USD 22.1 billion by 2026 from USD 13.1 billion in 2021."

Statistic 19

"The stearic acid, which is a type of fatty acid, market is expected to register a CAGR of 5% from 2021 to 2026."

Statistic 20

"The animal-derived fatty acids hold almost 55% of the global fatty acids market share in 2021."

The global fatty acid market is experiencing significant growth, with various regions and sectors driving the demand. China, the U.S., and Europe are key players in consumption and market value, while Asia-Pacific is set to witness the fastest growth in the coming years. Polyunsaturated fatty acids dominate the market, with applications ranging from food & beverage to detergents. The projections for specific types of fatty acids, such as stearic acid and omega-3, indicate promising growth trends. Overall, the industry’s expansion is evident through increasing market sizes, expanding CAGR rates, and the emergence of key market players like Wilmar International.