Fatty Acid Esters Market Variables, Trends, Average Selling
Prices, Key opportunities By 2022
“Fatty Acid Esters Market was valued at USD 1,830.2 million in 2014 and is
expected to reach USD 2.44 billion by 2022, with a CAGR of 4.6%. Fatty Acid
Ester market is expected to witness robust growth over the forecast period
owing to the increasing demand in the food industry.”
Global Fatty Acid Esters Market was valued at USD 1,830.2 million in 2014 and is expected to reach USD 2.44
billion by 2022, with a CAGR of 4.6%. Fatty Acid Ester market is expected to witness robust growth over the
forecast period owing to the increasing demand in the food industry, cosmetics, and personal care. In the food
industry, Medium chain triglycerides (MCT) are used in weight loss programs as they have fat-burning properties
and low calorific content. In addition, FEAs such as polyols esters and emollient are gaining importance as they
have a positive impact on the growth of bio-based and natural ingredients in personal care and cosmetic
industry. The natural ingredients used in lotions and creams for infant care, hair, and skin, helps in substituting
synthetic and toxic chemicals which are harmful for the personal use. Also, the fatty acid ester from natural
ingredients are inexpensive as compared petroleum-based and synthetic chemicals. The manufacturers and
consumers are progressively adopting these products so as to prevent from high production cost and various
climatic changes.
The rising obesity and growing concern related to beauty and fitness are the factors projected to stimulate the
market growth. Moreover, the regulatory policies and escalating consumer awareness level regarding bio-based
products and polymers are the key factors presumed to drive the development of this industry. Technological
advancement is one of the vital factors expected to increase the efficiency and production of FEAs owing to
genetic engineering. Furthermore, the evolving fatty profiles of vegetable oils such as sunflower oil, palm oil and
canola and the introduction of high-yielding crops are estimated to escalate the production of FEAs.
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