Market Overview:
The global oleic acid market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oleic acid from various applications such as food, chemical, cosmetic, textile and others. Additionally, the growing population and rising income levels are also contributing to the growth of this market. On the basis of type, food grade oleic acid accounted for majority of the share in 2017 and is projected to grow at a CAGR of 5.8% during 2018-2030 owing to its increasing demand from various end-use industries such as food & beverage industry and pharmaceuticals industry.
Product Definition:
Oleic acid is a fatty acid that is found in vegetable oils. It is important because it is the major component of olive oil and canola oil.
Food Grade:
Food grade oleic acid is a vegetable oil derivative used as an industrial solvent. It is also used in the pharmaceutical and cosmetic industry. The product has high demand in Asia Pacific countries such as India, China, Malaysia and Indonesia owing to its increasing application scope in cosmetics & pharmaceuticals coupled with growing consumer awareness regarding natural ingredients for skin care products.
Industrial Grade:
Industrial grade is a high purity oleic acid that is used in the production of polymers, plasticizers, and specialty chemicals. It has 99.8% of oleic acid content which makes it suitable for industrial applications.
Application Insights:
The application segment includes food, chemical, cosmetic, textile and other applications. Oleic acid is used in the manufacturing of chemicals including herbicides, pesticides and insecticides. The increasing use of oleic acid in the formulation of products for agricultural purposes such as fungicides and insecticides is expected to drive demand over the forecast period. In addition to this, oleic acid based formulations are also used for cleaning fruits and vegetables which further drives market growth.
Oleic acid has a significant presence in several personal care products such as soaps & detergents where it acts as an emulsifier along with being a skin conditioning agent due to its high content of unsaturated fatty acids.
Regional Analysis:
North America was the second-largest regional market for oleic acid in 2017. The region is expected to witness moderate growth over the forecast period owing to rising product demand from various end-use industries, such as food and beverage, personal care and cosmetics. In addition, increasing use of oleic acid in industrial applications is likely to propel industry expansion over the coming years.
The U.S., which was at the forefront of North America Oleic Acid Industry with more than 80% share in 2017 has been experiencing a decline in its birth rate since 2010; this factor coupled with high immigration rate into country will result into an increase population thereby driving up product demand for making baby oil and lotions as well as pharmaceuticals like creams & lotions and medicines like insulin & oral contraceptives in near future (Ref: eiaonline).
Growth Factors:
- Increasing demand for oleic acid in the food and beverage industry as a flavor enhancer and preservative.
- Rising demand from the personal care industry for oleic acid as an emollient, humectant, and surfactant.
- Growing use of oleic acid in pharmaceuticals and nutraceuticals products for its therapeutic properties.
- Increasing application of oleic acid in industrial sectors such as paints & coatings, lubricants, plastics, and rubber industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Oleic Acid Market Research Report
By Type
Food Grade, Industrial Grade, Pharmaceutical Grade
By Application
Food, Chemical, Cosmetic, Textile, Others
By Companies
SiChuan TianYu Oleochemical, Sipo, ShanDong Lishengyuan, JiangSu JinMa, YiHai Kerry, TeYu Huagong, TianHe ShengWu, TaiKe ZongHua, Oleon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Oleic Acid Market Report Segments:
The global Oleic Acid market is segmented on the basis of:
Types
Food Grade, Industrial Grade, Pharmaceutical Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Chemical, Cosmetic, Textile, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SiChuan TianYu Oleochemical
- Sipo
- ShanDong Lishengyuan
- JiangSu JinMa
- YiHai Kerry
- TeYu Huagong
- TianHe ShengWu
- TaiKe ZongHua
- Oleon
Highlights of The Oleic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Industrial Grade
- Pharmaceutical Grade
- By Application:
- Food
- Chemical
- Cosmetic
- Textile
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oleic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oleic acid is a monounsaturated fatty acid that is found in plant-based oils and fats. It has a low melting point, making it ideal for use in cold foods and sauces. Oleic acid can also be used as an emulsifier or stabilizer in products.
Some of the key players operating in the oleic acid market are SiChuan TianYu Oleochemical, Sipo, ShanDong Lishengyuan, JiangSu JinMa, YiHai Kerry, TeYu Huagong, TianHe ShengWu, TaiKe ZongHua, Oleon.
The oleic acid market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oleic Acid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Oleic Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oleic Acid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Oleic Acid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Oleic Acid Market Size & Forecast, 2018-2028
4.5.1 Oleic Acid Market Size and Y-o-Y Growth
4.5.2 Oleic Acid Market Absolute $ Opportunity
Chapter 5 Global Oleic Acid Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Oleic Acid Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Industrial Grade
5.2.3 Pharmaceutical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oleic Acid Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Oleic Acid Market Size Forecast by Applications
6.2.1 Food
6.2.2 Chemical
6.2.3 Cosmetic
6.2.4 Textile
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oleic Acid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Oleic Acid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Oleic Acid Analysis and Forecast
9.1 Introduction
9.2 North America Oleic Acid Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Oleic Acid Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Industrial Grade
9.6.3 Pharmaceutical Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Oleic Acid Market Size Forecast by Applications
9.10.1 Food
9.10.2 Chemical
9.10.3 Cosmetic
9.10.4 Textile
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Oleic Acid Analysis and Forecast
10.1 Introduction
10.2 Europe Oleic Acid Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Oleic Acid Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Industrial Grade
10.6.3 Pharmaceutical Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Oleic Acid Market Size Forecast by Applications
10.10.1 Food
10.10.2 Chemical
10.10.3 Cosmetic
10.10.4 Textile
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Oleic Acid Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oleic Acid Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Oleic Acid Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Industrial Grade
11.6.3 Pharmaceutical Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Oleic Acid Market Size Forecast by Applications
11.10.1 Food
11.10.2 Chemical
11.10.3 Cosmetic
11.10.4 Textile
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Oleic Acid Analysis and Forecast
12.1 Introduction
12.2 Latin America Oleic Acid Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Oleic Acid Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Industrial Grade
12.6.3 Pharmaceutical Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Oleic Acid Market Size Forecast by Applications
12.10.1 Food
12.10.2 Chemical
12.10.3 Cosmetic
12.10.4 Textile
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Oleic Acid Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oleic Acid Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Oleic Acid Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Industrial Grade
13.6.3 Pharmaceutical Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Oleic Acid Market Size Forecast by Applications
13.10.1 Food
13.10.2 Chemical
13.10.3 Cosmetic
13.10.4 Textile
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Oleic Acid Market: Competitive Dashboard
14.2 Global Oleic Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SiChuan TianYu Oleochemical
14.3.2 Sipo
14.3.3 ShanDong Lishengyuan
14.3.4 JiangSu JinMa
14.3.5 YiHai Kerry
14.3.6 TeYu Huagong
14.3.7 TianHe ShengWu
14.3.8 TaiKe ZongHua
14.3.9 Oleon
