DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "World Capric Acid Market- Opportunities & Forecasts, 2014 - 2022" report to their offering.
Capric acid, also known as Decanoic acid, is a saturated fatty acid naturally found in animal fats, milk of goats and cows, and plant oils such as palm and coconut oil. Capric acid is used in the manufacturing of esters for artificial flavoring, color, and aroma. Moreover, it is used in the production of personal care products, pharmaceuticals, synthetic rubbers, dyes, lubricating grease, and plastics products. It is a vital part of the delivery system that helps the diabetics absorb prescribed amounts of insulin. The world capric acid market is expected to witness dynamic growth, owing to the large number of end users and increasing industry applications.
Factors such as progressive demographic changes and consumer awareness regarding personal care have boosted the capric acid market. Moreover, increasing consumption of processed and packaged food products has fostered the demand for new artificial flavoring and coloring agents. However, the exposure in its refined form leading to skin or pulmonary irritation and irregular availability of raw materials are the major factors restricting the market growth. The prominent pharmaceutical companies intend to use the capric acid present in coconut oil to manufacture drugs for diabetic patients, which boosts the growth of the market.
The capric acid market is segmented on the basis of source, end user, and geography. Based on the source, the market is categorized into animal and plant sources. The end users of the market include food & beverages, industrial chemicals, personal care, and pharmaceuticals sectors, among others. The market is analyzed on the basis of four regions, namely North America, Europe, Asia-Pacific, and LAMEA.
- Oleocomm International Ltd.
Henan Eastar Chemical Co.
Ecogreen Oleochemicals (Singapore) Pte
- Chemical Associates,
Scope of the Report:
Market By Source
Market By End Users
- Food & Beverages
- Industrial Chemicals
- Personal Care
For more information about this report visit http://www.researchandmarkets.com/research/d2wxvv/world_capric_acid