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    Fatty Acid Market

    ID: MRFR/F-B & N/1823-HCR
    135 Pages
    Pradeep Nandi
    September 2025

    Fatty Acid Market Research Report Information By Source (Animal Source and Plant Source), By Type (Saturated, Monounsaturated, and Polyunsaturated), By Application (Food & Beverages, Animal Feed, Pharmaceuticals & Nutraceuticals, Personal Care, and Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2032

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    Fatty Acid Market Summary

    As per Market Research Future Analysis, the Global Fatty Acid Market was valued at USD 23.2 billion in 2023 and is projected to reach USD 34.2 billion by 2032, growing at a CAGR of 5.73% from 2024 to 2032. The market is driven by increasing applications in pharmaceuticals, nutraceuticals, and cleaning products. The demand for omega fatty acid supplements is rising due to health consciousness, particularly for cardiovascular health. The market is segmented by source (animal and plant), type (saturated, monounsaturated, polyunsaturated), and application (food & beverages, animal feed, pharmaceuticals, personal care).

    Key Market Trends & Highlights

    Key trends driving the fatty acid market include health awareness and increased demand in cleaning products.

    • Fatty Acid Market Size in 2023: USD 23.2 billion.
    • Projected Market Size by 2032: USD 34.2 billion.
    • CAGR from 2024 to 2032: 5.73%.
    • Largest Regional Market in 2022: North America with USD 10.6 billion.

    Market Size & Forecast

    2023 Market Size USD 23.2 billion
    2024 Market Size USD 24.5 billion
    2032 Market Size USD 34.2 billion
    CAGR (2024-2032) 5.73%

    Major Players

    Key players include BASF SE, Godrej Industries, Akzo Nobel N.V, and Neptune Wellness Solutions.

    Fatty Acid Market Trends

    Increase awareness regarding personal hygiene and cleaning to boost the market growth

    Fatty acids can be found in a variety of cleaning supplies for the home, including soaps, detergents, bleaches, and cleaners. Some fatty acids utilized in soap and detergent formulations include lauric, myristic, palmitic, stearic, ricinoleic, oleic, linoleic, and linolenic acids. The sodium salts of fatty acids, produced from triglycerides or hydrolyzed fatty acids, make up about 70–85% of natural herbal soap bars. The market value of the European household care, professional cleaning, and hygiene sectors was predicted by the International Association for Soaps, Detergents, and Maintenance Products (A.I.S.E.) to be US$ 47.1 billion in 2020.

    Therefore, the growing awareness regarding personal hygiene has enhanced the fatty acid market CAGR in recent years. 

    Omega fatty acid supplements are used more frequently due to growing health consciousness. Fish oils are rich in omega fatty acids, essential components for the human body. Omega-3 supplements can be used as dietary supplements or therapeutic supplements and can aid in the relief of rheumatoid arthritis symptoms. The usage of Omega-3 and Omega-6 fatty acids aids in the prevention and treatment of diseases, enhances cardiovascular health, encourages a healthy metabolism, lessens joint pain and inflammation, improves brain function, etc. The World Health Organization (WHO) estimates that 17.9 million individuals worldwide die yearly due to cardiovascular illnesses.

    Therefore, the market for fatty acids is anticipated to be driven by growing awareness of health issues, particularly heart ailments. Thus, the increasing sales of fatty acids supplement is another factor driving the growth of the fatty acid market revenue.

    The Global Fatty Acid Market appears to be experiencing a robust expansion, driven by increasing demand across various industries, including food, personal care, and pharmaceuticals, suggesting a dynamic shift in consumer preferences towards sustainable and bio-based products.

    U.S. Department of Agriculture

    Fatty Acid Market Drivers

    Market Growth Projections

    The Global Global Fatty Acid Market Industry is projected to experience substantial growth in the coming years. With a market value of 24.5 USD Billion in 2024, the industry is expected to expand at a compound annual growth rate of 4.66% from 2025 to 2035. This growth is driven by various factors, including the rising demand for biofuels, expanding applications in food and personal care, and increased awareness of health benefits. The market's trajectory indicates a potential value of 40.4 USD Billion by 2035, reflecting the dynamic nature of the industry and its adaptability to changing consumer preferences.

    Rising Demand for Biofuels

    The Global Global Fatty Acid Market Industry experiences a notable surge in demand for biofuels, driven by the global shift towards renewable energy sources. Fatty acids serve as essential feedstocks for biodiesel production, which is increasingly favored due to its lower carbon footprint compared to fossil fuels. In 2024, the market is projected to reach 24.5 USD Billion, reflecting the growing emphasis on sustainable energy solutions. Governments worldwide are implementing policies to promote biofuel usage, further propelling the market. This trend is expected to continue, with the industry potentially reaching 40.4 USD Billion by 2035, indicating a robust growth trajectory fueled by environmental considerations.

    Growth in Personal Care and Cosmetics

    The Global Global Fatty Acid Market Industry is witnessing growth driven by the increasing use of fatty acids in personal care and cosmetic products. Fatty acids are valued for their moisturizing properties and ability to enhance product texture, making them essential ingredients in creams, lotions, and hair care products. As consumers become more conscious of ingredient transparency and sustainability, the demand for naturally derived fatty acids is expected to rise. This trend is reflected in the market's projected growth, with an anticipated CAGR of 4.66% from 2025 to 2035. The personal care sector's ongoing innovation and focus on clean beauty further bolster the industry's prospects.

    Increased Awareness of Health Benefits

    The Global Global Fatty Acid Market Industry is benefiting from increased awareness of the health benefits associated with fatty acids. Omega-3 and omega-6 fatty acids, in particular, are recognized for their role in promoting heart health and reducing inflammation. As consumers become more health-conscious, the demand for dietary supplements and functional foods containing these fatty acids is likely to rise. This trend is supported by the projected market growth, with the industry expected to reach 40.4 USD Billion by 2035. The emphasis on preventive healthcare and the integration of fatty acids into wellness products suggest a favorable outlook for the market.

    Expanding Applications in Food Industry

    The Global Global Fatty Acid Market Industry is significantly influenced by the expanding applications of fatty acids in the food sector. Fatty acids are utilized as emulsifiers, stabilizers, and flavor enhancers in various food products, contributing to improved texture and shelf life. As consumer preferences shift towards healthier and more natural food options, the demand for fatty acids derived from plant sources is likely to increase. This trend aligns with the projected market growth, as the industry is anticipated to reach 40.4 USD Billion by 2035. The food industry's evolving landscape, coupled with regulatory support for clean label products, suggests a promising future for fatty acids in food applications.

    Technological Advancements in Production

    Technological advancements in the production of fatty acids are significantly impacting the Global Global Fatty Acid Market Industry. Innovations in extraction and processing techniques enhance yield and efficiency, making production more sustainable and cost-effective. For instance, the development of enzymatic processes allows for the extraction of fatty acids from renewable sources with minimal environmental impact. These advancements not only improve the economic viability of fatty acid production but also align with global sustainability goals. As a result, the industry is poised for growth, with projections indicating a market value of 24.5 USD Billion in 2024 and a potential increase to 40.4 USD Billion by 2035.

    Market Segment Insights

    Segment Insights

    Fatty Acid Source Insights

    The  fatty acid market segmentation, based on source, includes animal sources and plant sources. Animal-based fatty acids dominated the market with respect to the  fatty acid industry revenue. This is due to the high concentrations of DHA, and EPA omega-3s found in fish liver oil, oily or fatty fish, and marine microorganisms like krill and algae. Salmon, pollock, tuna, and mackerel are foods high in omega-3 fatty acids suitable for human consumption. Additionally, plant-based fatty acid witness significant growth.

    Since soybean, safflower, sunflower, cotton, and corn seeds are abundant sources of omega-3, there is an increasing demand for vegetable oils made from their seeds ly.

    April 2022: DSM has introduced two new high-quality lipid powders for newborn nutrition: DHASCO®-B and ARASCO® powders, each containing at least 110 mg/g DHA (docosahexaenoic acid) or ARA (arachidonic acid). These powders comprise vegetarian DHA omega-3 and ARA omega-6 sources that are safe and acceptable for use in infant and follow-up formulae and growing-up milk products. This introduction has further broadened the growth opportunity for the fatty acid industry.

    Fatty Acid Type Insights

    The  fatty acid market data has been bifurcated by type into saturated, monounsaturated, and polyunsaturated. In 2022, polyunsaturated fatty acids saw major growth in the fatty acid. The  sector is expanding as a result of factors like an increase in cardiovascular disorders, growing public knowledge of the health advantages of PUFAs, and rising consumption of goods containing omega-3 fatty acids.

    Figure 1:  Fatty Acid Market by Type, 2022 & 2030 (USD Billion)Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    The second fastest-growing segment in the fatty acid industry is the saturated type. The penetration of saturated type continues to increase among several end-use applications. This is because unsaturated fatty acids have a relatively low melting point, which shortens their shelf life and decreases their heat stability. Hence, rising applications of saturated fats for fatty acids positively impact the market growth.

    Fatty Acid Application Insights

    Based on application, the  fatty acid industry has been segmented into food & beverages, animal feed, pharmaceuticals & nutraceuticals, personal care, and others. The largest growing application category on the market is food & beverages. Customers in North America and Europe's developed markets emphasize health management with food products like dietary supplements. The pharmaceuticals industry's increasing use of medicines due to their quality for nourishing the scalp is predicted to drive the pharmaceuticals segment's significant expansion throughout the forecast period.

    Get more detailed insights about Fatty Acid Market Research Report - Global Forecast till 2032

    Regional Insights

    By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. North America Fatty Acid market accounted for USD 10.6 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. Product consumption in North America is anticipated to increase due to rising demand from several end-use industries, including domestic cleaning, pharmaceuticals, and food & beverage. One of the main users of fatty acids is the United States. The US market is shifting from refined 18:12 oils to concentrates and other products.

    Further, the major countries studied in the market report are Canada, U.S, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

    Figure 2:  FATTY ACID MARKET SHARE BY REGION 2022 (%)FATTY ACID MARKET SHARE BY REGION 2022Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Asia-Pacific fatty acid market accounts for the second-largest market share. One of the main factors boosting the market expansion for fatty acids in the Asia Pacific area is the existence of a sizable population coupled with the rising usage of cleaning goods like soaps and detergents. In the Indian FMCG industry, making soap is one of the key operations, accounting for more than 50% of the consumer goods sector, according to an article published by IndianMirror. Moreover, China’s fatty acid held the largest market share, and India's fatty acid industry was the fastest-growing market in the Asia-Pacific region.

    The Europe Fatty Acid Market is expected to grow at the fastest CAGR from 2022 to 2030. The region's booming pharmaceutical and cosmetic sectors are one reason for the region's predicted growth in the upcoming years. Customers in Europe and South America are becoming more aware of the health advantages of polyunsaturated fatty acids, which has increased the demand for nutritional supplements and functional foods that contain these fats. Further, the German market of fatty acid held the largest market share, and the UK fatty acid industry was the fastest-growing market in the European region.

    Key Players and Competitive Insights

    Major market players are investing huge amounts of money in R&D to expand their product offerings, which will spur further growth in the fatty acid market. With significant market developments like introducing new products, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic initiatives to expand their  footprint. To grow and thrive in a fierce climate of competition, and the market is growing, competitors in the fatty acid industry must provide affordable products.

    One of the primary business strategies manufacturers use in the  fatty acid industry to assist customers and expand the market sector is local manufacturing to reduce operating costs. The fatty acid industry has recently given medicine some of the most important advantages. The fatty acid market's major players include Godrej Industries (India), BASF SE (Germany), WujiangJinyu Lanolin Co. (China), Ferro Corporation (US), and others who are supporting R&D initiatives to boost market demand.

    Neptune Wellness Solutions, Inc. is a wellness firm that sells nutraceuticals, organic food and beverages, and consumer packaged goods to retail and business consumers. The company focuses on establishing a portfolio of high-quality, affordable consumer products that match the most recent market trends for natural, sustainable, plant-based, and purpose-driven lifestyle brands. In July 2021, Neptune Wellness Solutions Inc., a diverse and fully integrated health and wellness corporation focused on plant-based, sustainable, and purpose-driven lifestyle products, launched Forest Remedies' plant-based Multi Omega 3-6-9 gummies and soft gels featuring Ahiflower as a key ingredient.

    Also, Kraton Corporation is a  leader in producing specialty polymers and high-value biobased products produced from co-products of pine wood pulping. Kraton polymers are utilized in various applications, such as adhesives, coatings, consumer and personal care goods, sealants and lubricants, medical, packaging, automotive, paving, and roofing. In August 2022, Kraton Chemical LLC/Kraton Chemical Products Shanghai Co. Ltd (Kraton) chose premier chemical distributor Redox Ltd (Redox) as a channel partner in Australia and New Zealand for its Tall Oil Fatty Acid and Ink Polyamides ranges.

    Key Companies in the Fatty Acid Market market include

    Industry Developments

    September 2021: Vantage OleochemicalsTM, a division of Vantage Specialty ChemicalsTM, has announced a $0.06 per pound price increase for all grades of tallow oleic fatty acids beginning October 1, 2021. The price hike is backed by high demand in all domestic and international markets. Vantage's world-class oleochemicals factory is in Chicago and is one of North America's largest state-of-the-art oleochemical operators.

    July 2020: Croda, a specialty chemicals firm based in the United Kingdom, paid an unknown sum for Avanti Polar Lipids. Avanti's acquisition joins Croda's to broaden life sciences products, pharmaceutical services, and cGMP production capabilities for worldwide biotechnology, pharmaceutical, and life science research customers. Avanti Polar Lipids is a biotechnology business established in the United States.

    Future Outlook

    Fatty Acid Market Future Outlook

    The Global Fatty Acid Market is projected to grow at a 4.66% CAGR from 2024 to 2035, driven by rising demand in food, cosmetics, and biofuels.

    New opportunities lie in:

    • Invest in R&D for sustainable fatty acid production methods.
    • Expand product lines to include specialty fatty acids for niche markets.
    • Leverage digital marketing strategies to enhance brand visibility and customer engagement.

    By 2035, the Global Fatty Acid Market is expected to achieve robust growth, reflecting evolving consumer preferences and technological advancements.

    Market Segmentation

    Fatty Acid Type Outlook

    • Saturated
    • Monounsaturated
    • Polyunsaturated

    Fatty Acid Source Outlook

    • Animal Source
    • Plant Source

    Fatty Acid Regional Outlook

    North America
    • US
    • Canada

    Fatty Acid Application Outlook

    • Food & Beverages
    • Animal Feed
    • Pharmaceuticals & Nutraceuticals
    • Personal Care
    • Others

    Report Scope

    Attribute/Metric Details
    Market Size 2023 USD 23.2 billion
    Market Size 2024 USD 24.5 billion
    Market Size 2032 USD 34.2 billion
    Compound Annual Growth Rate (CAGR) 5.73% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2020 - 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Market Competitive Landscape, Revenue Forecast, Growth Factors, and Trends
    Segments Covered Source, Type, and Application
    Geographies Covered Europe, Asia Pacific, North America, and Rest of the World
    Countries Covered Canada, U.S, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Godrej Industries (India), BASF SE (Germany), WujiangJinyu Lanolin Co. (China), and Ferro Corporation (US).
    Key Market Opportunities High demand from the cosmetic industry
    Key Market Dynamics Rising awareness of the health benefits of polyunsaturated fatty acids (PUFA) will aid market growth Growing usage of omega-3 and omega-6 fatty acids

    Market Highlights

    Author
    Pradeep Nandi
    Senior Research Analyst

    I have a bachelor's degree in mechanical engineering and an MBA. I have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. A firm believer in lifelong learning and sharing of knowledge. Having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. Introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest. 

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    FAQs

    How much is the fatty acid market?

    The fatty acid market size was prized at USD 23.2 Billion in 2023.

    What is the growth rate of the fatty acid market?

    The market is expected to increase at a CAGR of 5.73% between 2024 and 2032.

    Which region held the major market share in the fatty acid market?

    North America had the major share of the market.

    Who are the key players in the fatty acid market?

    The key players in the market are Godrej Industries (India), BASF SE (Germany), WujiangJinyu Lanolin Co. (China), and Ferro Corporation (US).

    Which source type led the fatty acid market?

    The animal-based fatty acid dominated the market in 2023.

    Which type had the largest market share in the fatty acid market?

    Polyunsaturated fatty acids had the largest share in the market.

    Fatty Acid Market Research Report - Global Forecast till 2032 Infographic
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