USD 17.1 billion
Global Fats & Fatty Acid In Human Nutrition Market Size, Share, Growth Analysis, By Type(Saturated fats, Trans fats), By Application(Dietary Supplements, Functional Nutrition) - Industry Forecast 2024-2031
Report ID:
SQSG30I2044 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
69 |
Figures:
75
Global Fats & Fatty Acid In Human Nutrition Market Insights
Fats & Fatty Acid In Human Nutrition Market size was valued at USD 17.1 billion in 2019 and is poised to grow from USD 18.54 billion in 2023 to USD 38.31 billion by 2031, growing at a CAGR of 8.4% in the forecast period (2024-2031).
The market is expected to expand due to the rising use of fatty acids in the personal care industry. In the cosmetics business, fatty acids are revolutionary emollients that are used to nourish and soothe the skin. Fatty acids are employed in a variety of skin-care products such as lipsticks and shampoos, as well as as a dietary supplement in the pharmaceutical business. Furthermore, there is an increase in health consciousness, such as obesity, among consumers worldwide. Fatty acids are carboxylic acids that are primarily formed by the hydrolysis of triglycerides (TGs), which are uncharged glycerol esters. It is required for the formation of lipids (fat-soluble components of living cells) in animals, plants, and microbes. It is available in two varieties: mono saturated and poly saturated fatty acids.
US Fats & Fatty Acid In Human Nutrition Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Polyunsaturated fats (Omega 3, Omega 6, Omega 7, Omega 9)
Fastest Growth
Polyunsaturated fats (Omega 3, Omega 6, Omega 7, Omega 9)
Growth Rate
8.4% CAGR
Global Fats & Fatty Acid In Human Nutrition Market ($ Bn)
Country Share for North America Region (%)
Global Fats & Fatty Acid In Human Nutrition Market By Type ($ Bn)
Global Fats & Fatty Acid In Human Nutrition Market By Dispenser System (%)
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Global Fats & Fatty Acid In Human Nutrition Market Segmental Analysis
Global Fats & Fatty Acid in Human Nutrition Market is segmented based on Type, Application, and Region. Based on the Type, the global Fats & Fatty Acid In Human Nutrition Market is segmented as Saturated fats, Trans fats, Monounsaturated fats, and Polyunsaturated fats (Omega 3, Omega 6, Omega 7, Omega 9). Based on the Application, the global Fats & Fatty Acid In Human Nutrition Market is segmented as Dietary Supplements, Functional Nutrition, Sports Nutrition, and Infant Nutrition. Based on Region, Fats & Fatty Acid In Human Nutrition Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Fats & Fatty Acid In Human Nutrition Market Analysis by Type
In terms of type, polyunsaturated fats accounted for more than 40% of the market in 2021 and are projected to maintain a similar trend over the forecast period. owing to rising demand from the nutrition industry, the global fats and fatty acid in human nutrition market is likely to expand rapidly throughout the forecast period. In the personal care business, it is often used as an emulsifier and thickening agent. Excessive use of fatty acids is expected to have a detrimental health impact, and hampered fats and fatty acid in human nutrition market growth throughout the predicted period. Growing applications of fatty acids in dietary supplements and nutraceuticals provide the potential for market players.
With increased health consciousness, omega fatty acid supplements are becoming more popular. Omega fatty acids, which are abundant in fish oils, are essential components of the human body. Omega-3 supplements can help reduce rheumatoid arthritis symptoms and can also be utilized as dietary supplements or medical supplements. The usage of Omega-3 and Omega-6 fatty acids helps to battle illnesses and enhance cardiovascular health, promote healthy metabolism, decrease pain and inflammation in joints, raise optimal brain function, and so on. According to the World Health Organization (WHO), 17.9 million people die each year because of cardiovascular illnesses. As a result, increased health consciousness, particularly for heart problems, is likely to boost the fats and fatty acid in human nutrition market.
Global Fats & Fatty Acid In Human Nutrition Market By Dispenser System, 2023 (%)
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Global Fats & Fatty Acid In Human Nutrition Market Regional Insights
North America will control more than 30% of the global market by 2028. The area is seeing substantial growth in consumer awareness due to the competitive strategies adopted by global corporations. Demand from countries such as the United States, China, and Australia are helping to support global growth. The growing population, together with greater disposable income and a higher standard of living, is expected to drive regional market growth.
Global Fats & Fatty Acid In Human Nutrition Market By Region, 2024-2031
- Largest
- Fastest
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Global Fats & Fatty Acid In Human Nutrition Market Dynamics
Fats & Fatty Acid In Human Nutrition Market Driver
The Growing Need for Nutritional Care Products Will Drive The Fractionated Fatty Acid Market
- Natural food items are becoming more popular as people become more aware of the importance of living a healthy lifestyle. The Fats & Fatty Acid industry is being driven by this rising awareness of health and nutrition goods. The intake of goods with natural ingredients, particularly Fats & Fatty acids, is significantly influenced by personal well-being. The market for probiotic components has grown as consumers have understood the health benefits of including Fats & Fatty acids in their daily diets, including better intestinal health, decreased calorie consumption, higher immunity, and improved calcium absorption.
Fats & Fatty Acid In Human Nutrition Market Restraint
The Biological Repercussions of Fatty Acid Insufficiency Are A Significant Restriction In The Fatty Acids Industry
- Biological repercussions of fatty acid insufficiency are a key limitation in the fatty acids industry. Inadequate consumption of fatty acids such as alpha-linolenic acid (ALA) and gamma-linolenic acid (GLA) may result in biological consequences such as high blood pressure, stroke, coronary artery disease, inflammation, and a variety of other disorders (GLA). These two fatty acids are essential and must be included in the diet. Infants are the most vulnerable to fatty acid deficiency. In children, this deficit causes scaly dermatitis, baldness, thrombocytopenia, and intellectual impairment. According to the National Institutes of Health, a lack of essential fatty acids like omega-3s and omega-6s can cause rough, scaly skin and dermatitis in the United States.
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Global Fats & Fatty Acid In Human Nutrition Market Competitive Landscape
According to the Fats & Fatty Acid in Human Nutrition Market report, market titans are implementing new methods to push market value by focusing on collaboration, marketing, the introduction of a new product, and new technical breakthroughs. Because of their vast global reach and dependable distributed systems, the industry's leaders dominate. To withstand the rivalry, these firms focus on various business techniques, such as negotiating long-term supply deals with many distribution channels. Significant corporations have increasingly concentrated on entering Southeast Asian markets throughout the years due to the availability of a target client base in the region.
Fats & Fatty Acid In Human Nutrition Market Top Player's Company Profiles
- Archer Daniels Midland Company
- BASF SE
- Cargill, Incorporated
- Croda International Plc
- DSM Nutritional Products AG
- FMC Corporation
- Kerry Group plc
- Koninklijke DSM N.V.
- Lubrizol Corporation
- Omega Protein Corporation
- Oleon NV
- P&G Chemicals
- Palsgaard A/S
- Solazyme Inc.
- Stepan Company
- Stratas Foods LLC
- Tallow Products Pty Ltd.
- Unilever PLC
- Vantage Specialty Ingredients, Inc.
- Wilmar International Limited
Fats & Fatty Acid In Human Nutrition Market Recent Developments
- Eastman Chemical research and development expenses for the quarter ending June 30, 2022, were $0.067B, a 6.35% increase year-over-year.
- Eastman Chemical research and development expenses for the twelve months ending June 30, 2022, were $265M, a 13.25% increase year-over-year.
Global Fats & Fatty Acid In Human Nutrition Key Market Trends
- Rising demand for functional food items and fatty acid demand from various application sectors may open up new prospects for fatty acid market participants and manufacturers. Furthermore, the market is expanding due to its high demand for bio-based raw materials, which might provide profitable prospects for the worldwide market throughout the study period.
- Natural fatty acids have antifungal, antibacterial, and antiviral qualities, which increase their appeal in the personal care and cosmetics sector, as well as in the home. Furthermore, the fatty acid contributes to the product's thickness by providing uniformity and an opacifying impact. As a result of this effect, it is beneficial in personal care and cosmetic goods. Furthermore, rising consumer affluence and urbanisation are changing their lifestyles, leading in increased demand of cosmetic and personal care items. For example, it boosts demand for fatty acids in the housekeeping, personal care, and cosmetics industries. In the review period, demand for fatty acids is increasing due to rising demand for personal care and cosmetic goods.
Global Fats & Fatty Acid In Human Nutrition Market SkyQuest Analysis
SyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by robust Secondary Desk research.
According to our Global Market Analysis, Fatty acids are essential for the development of cardiovascular and cognitive functions, and research into them has increased significantly. A recent study showed a probable relationship between omega-3 fatty acid intake and polycystic ovarian syndrome (PCOS) in women. As the health advantages of fatty acid pills become more apparent, their use has expanded. Fatty acids are employed in numerous therapies, from mental health to cognitive function upgrades, and demand for them is predicted to shift dramatically as research progresses in the next few years.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 17.1 billion |
| Market size value in 2031 | USD 38.31 billion |
| Growth Rate | 8.4% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Fats & Fatty Acid In Human Nutrition Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Fats & Fatty Acid In Human Nutrition Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Fats & Fatty Acid In Human Nutrition Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Fats & Fatty Acid In Human Nutrition Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Fats & Fatty Acid In Human Nutrition Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Fats & Fatty Acid In Human Nutrition Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Fats & Fatty Acid In Human Nutrition Market Report Snapshots
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