Top Capric Acid Companies

The competitive landscape of the global capric acid industry is characterized by the presence of several established players and emerging manufacturers focusing on natural, sustainable, and high-purity product offerings. Leading companies are actively investing in research and development to enhance product quality and optimize extraction processes, particularly from renewable sources like coconut and palm kernel oil. Strategic collaborations, capacity expansions, and geographic diversification are key growth tactics being employed.

As per market strategies, in 2024, Oleon NV, a prominent player in the oleochemical space, announced a strategic partnership with a Southeast Asian agricultural cooperative to secure a sustainable supply chain for raw materials and expand its production footprint in Asia-Pacific. This move aims to strengthen its position in emerging markets while supporting environmental and fair-trade practices.

Startups in the capric acid market are emerging as agile and innovative players, driving sustainability and efficiency across the value chain. These companies are primarily focused on developing bio-based and environmentally friendly capric acid derived from renewable resources such as coconut oil, palm kernel oil, and even algae. Leveraging advanced biotechnological methods and green chemistry, they aim to minimize environmental impact while improving product purity and yield.

• Checkerspot, founded in 2019 and based in Berkeley, California, is a biotechnology startup that focuses on developing high-performance, bio-based materials from microalgae. While not solely dedicated to capric acid, the company produces medium-chain fatty acids like decanoic acid for applications across skincare, food, and performance materials. Checkerspot leverages its proprietary WING® Platform to integrate biology, chemistry, and materials science, enabling the creation of ingredients with a low environmental impact.

• C16 Biosciences, established in 2018 and headquartered in New York, is pioneering sustainable alternatives to palm oil and its derivatives, including capric acid, through yeast-based fermentation. By using precision fermentation, the company produces bio-identical oils that can be used in cosmetics, food, and industrial applications without the environmental toll of traditional palm oil farming. C16 Biosciences has attracted major investments, including support from Bill Gates’ Breakthrough Energy Ventures, and is working to scale production for commercial use.

Top Player’s Company Profile

• KLK OLEO

• BioVeritas LLC

• KLK Emmerich GmbH

• Musim Mas

• IOI Oleochemical

• Permata Hijau Group

• Wilmar International

• Eastman Chemical Company

• BASF

• Oleon

• Ecogreen Oleochemicals

• Temix Oleo

• Emery Oleochemicals

• VVF Ltd.