The global fatty acids market size is expected to reach USD 29.72 billion by 2034, according to a new study by Polaris Market Research. The report “Fatty Acids Market Size, Share, Trends, Industry Analysis Report: By Type (Unsaturated and Saturated), Form, End-Use Industry, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Fatty acids are organic compounds containing a carboxylic functional group. These acids are derived from coconut, soybean, palm kernel oil (PKO), tallow hydrolysis, and fractional distillation of crude tall oil. Fatty acids are the building blocks of fat in our bodies and food. They are a vital part of lipids and make up a large portion of body fat, too. They are available in various forms and find applications across various end-use industries.
The rising demand for fatty acids in end-use industries such as food & beverage, industrial, and personal care & cosmetics is driving the fatty acids market growth. The increased consumption of fatty acids in the food & beverage industry is due to growing consumer awareness of the potential health benefits of specific fatty acids, such as those in omega-3s and omega-6. Additionally, technological advancements in extraction, purification, and formulation techniques are enabling the production of high-quality concentrated fatty acid bioproducts and are contributing to the market expansion.
The plastics and rubber industries widely use fatty acids as mold release agents, lubricants, and processing aids to improve the flow of polymers during production processes, thereby helping in fatty acid market expansion. The changing consumer trends regarding fatty acids are anticipated to generate several market opportunities for fatty acids throughout the forecast period. Emerging countries with expanding populations and rising disposable incomes offer considerable growth prospects.
Key Highlights of Fatty Acids Market Report
Based on type, the unsaturated segment led the market with a 79.1% revenue share in 2024, driven by its high consumption in the pharmaceutical sector.
By form, the oil segment dominated the market with a 57.3% revenue share in 2024 due to its growing use in the food & beverage and pharmaceutical industries.
Asia Pacific dominated the global market with a 44.7% revenue share in 2024, driven by the high captive consumption, easy access to raw materials, and the growing food & beverage and healthcare industries in the region.
The North America fatty acids market is anticipated to witness significant growth during the forecast period. This is primarily attributed to the rising demand for fatty acids from various end-use industries, such as food & beverage, pharmaceuticals, and household cleaning.
BASF SE, Ashland Inc., Eastman Chemical Corporation, Godrej Industries, Vantage Oleochemicals, Koninklijke, Arizona Chemicals, Cargill Incorporated, Akzo Nobel, DOW, and Croda International Plc are a few of the key players in the market.
Polaris Market Research has segmented the fatty acids market report on the basis of type, form, end-use industry, and region:
By Type Outlook (Revenue – USD Billion, 2020–2034)
Unsaturated
Saturated
By Form Outlook (Revenue – USD Billion, 2020–2034)
Capsule
Powder
Oil
By End-Use Industry Outlook (Revenue – USD Billion, 2020–2034)
Food & Beverage
Household & Industrial Cleaning
Industrial
Personal Care & Cosmetics
Pharmaceutical & Nutraceutical
By Regional Outlook (Revenue – USD Billion, 2020–2034)
North America
- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
- China
- Japan
- India
- Malaysia
- South Korea
- Indonesia
- Australia
- Rest of Asia Pacific
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of the Middle East & Africa
- Mexico
- Brazil
- Argentina
- Rest of Latin America
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. Global Fatty Acids Market Insights
- 4.1. Fatty Acids Market – Market Snapshot
- 4.2. Fatty Acids Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing Use of in Personal Care Industry
- 4.2.1.2. Rising Awareness About faty Acid Benefits
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Raw Material Cost Volatility
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry Among Existing Firms (High)
- 4.4. PESTEL Analysis
- 4.5. Fatty Acids Market Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
- 5. Global Fatty Acids Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 5.3. Unsaturated
- 5.3.1. Global Fatty Acids Market, by Unsaturated, by Region, 2020–2034 (USD Billion)
- 5.4. Saturated
- 5.4.1. Global Fatty Acids Market, by Saturated, by Region, 2020–2034 (USD Billion)
- 6. Global Fatty Acids Market, by Form
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 6.3. Capsule
- 6.3.1. Global Fatty Acids Market, by Capsule, by Region, 2020–2034 (USD Billion)
- 6.4. Powder
- 6.4.1. Global Fatty Acids Market, by Powder, by Region, 2020–2034 (USD Billion)
- 6.5. Oil
- 6.5.1. Global Fatty Acids Market, by Oil, by Region, 2020–2034 (USD Billion)
- 7. Global Fatty Acids Market, by End-Use Industry
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 7.3. Food & Beverage
- 7.3.1. Global Fatty Acids Market, by Food & Beverage, by Region, 2020–2034 (USD Billion)
- 7.4. Household & Industrial Cleaning
- 7.4.1. Global Fatty Acids Market, by Household & Industrial Cleaning, by Region, 2020–2034 (USD Billion)
- 7.5. Industrial
- 7.5.1. Global Fatty Acids Market, by Industrial, by Region, 2020–2034 (USD Billion)
- 7.6. Personal Care & Cosmetics
- 7.6.1. Global Fatty Acids Market, by Personal Care & Cosmetics, by Region, 2020–2034 (USD Billion)
- 7.7. Pharmaceutical & Nutraceutical
- 7.7.1. Global Fatty Acids Market, by Pharmaceutical & Nutraceutical, by Region, 2020–2034 (USD Billion)
- 8. Global Fatty Acids Market, by Geography
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Fatty Acids Market Assessment, by Geography, 2020–2034 (USD Billion)
- 8.3. Fatty Acids Market – North America
- 8.3.1. North America: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.3.2. North America: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.3.3. North America: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.3.4. Fatty Acids Market – US
- 8.3.4.1. US: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.3.4.2. US: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.3.4.3. US: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.3.5. Fatty Acids Market – Canada
- 8.3.5.1. Canada: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.3.5.2. Canada: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.3.5.3. Canada: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.4. Fatty Acids Market – Europe
- 8.4.1. Europe: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.4.2. Europe: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.4.3. Europe: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.4.4. Fatty Acids Market – UK
- 8.4.4.1. UK: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.4.4.2. UK: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.4.4.3. UK: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.4.5. Fatty Acids Market – France
- 8.4.5.1. France: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.4.5.2. France: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.4.5.3. France: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.4.6. Fatty Acids Market – Germany
- 8.4.6.1. Germany: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.4.6.2. Germany: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.4.6.3. Germany: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.4.7. Fatty Acids Market – Italy
- 8.4.7.1. Italy: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.4.7.2. Italy: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.4.7.3. Italy: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.4.8. Fatty Acids Market – Spain
- 8.4.8.1. Spain: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.4.8.2. Spain: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.4.8.3. Spain: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.4.9. Fatty Acids Market – Netherlands
- 8.4.9.1. Netherlands: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.4.9.2. Netherlands: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.4.9.3. Netherlands: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.4.10. Fatty Acids Market – Russia
- 8.4.10.1. Russia: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.4.10.2. Russia: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.4.10.3. Russia: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.4.11. Fatty Acids Market – Rest of Europe
- 8.4.11.1. Rest of Europe: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.4.11.2. Rest of Europe: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.4.11.3. Rest of Europe: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.5. Fatty Acids Market – Asia Pacific
- 8.5.1. Asia Pacific: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.5.2. Asia Pacific: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.5.3. Asia Pacific: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.5.4. Fatty Acids Market – China
- 8.5.4.1. China: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.5.4.2. China: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.5.4.3. China: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.5.5. Fatty Acids Market – India
- 8.5.5.1. India: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.5.5.2. India: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.5.5.3. India: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.5.6. Fatty Acids Market – Malaysia
- 8.5.6.1. Malaysia: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.5.6.2. Malaysia: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.5.6.3. Malaysia: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.5.7. Fatty Acids Market – Japan
- 8.5.7.1. Japan: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.5.7.2. Japan: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.5.7.3. Japan: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.5.8. Fatty Acids Market – Indonesia
- 8.5.8.1. Indonesia: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.5.8.2. Indonesia: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.5.8.3. Indonesia: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.5.9. Fatty Acids Market – South Korea
- 8.5.9.1. South Korea: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.5.9.2. South Korea: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.5.9.3. South Korea: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.5.10. Fatty Acids Market – Australia
- 8.5.10.1. Australia: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.5.10.2. Australia: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.5.10.3. Australia: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.5.11. Fatty Acids Market – Rest of Asia Pacific
- 8.5.11.1. Rest of Asia Pacific: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.5.11.2. Rest of Asia Pacific: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.5.11.3. Rest of Asia Pacific: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.6. Fatty Acids Market – Middle East & Africa
- 8.6.1. Middle East & Africa: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.6.2. Middle East & Africa: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.6.3. Middle East & Africa: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.6.4. Fatty Acids Market – Saudi Arabia
- 8.6.4.1. Saudi Arabia: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.6.4.2. Saudi Arabia: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.6.4.3. Saudi Arabia: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.6.5. Fatty Acids Market – UAE
- 8.6.5.1. UAE: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.6.5.2. UAE: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.6.5.3. UAE: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.6.6. Fatty Acids Market – Israel
- 8.6.6.1. Israel: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.6.6.2. Israel: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.6.6.3. Israel: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.6.7. Fatty Acids Market – South Africa
- 8.6.7.1. South Africa: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.6.7.2. South Africa: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.6.7.3. South Africa: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.6.8. Fatty Acids Market – Rest of Middle East & Africa
- 8.6.8.1. Rest of Middle East & Africa: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.6.8.2. Rest of Middle East & Africa: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.6.8.3. Rest of Middle East & Africa: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.7. Fatty Acids Market – Latin America
- 8.7.1. Latin America: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.7.2. Latin America: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.7.3. Latin America: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.7.4. Fatty Acids Market – Mexico
- 8.7.4.1. Mexico: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.7.4.2. Mexico: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.7.4.3. Mexico: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.7.5. Fatty Acids Market – Brazil
- 8.7.5.1. Brazil: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.7.5.2. Brazil: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.7.5.3. Brazil: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.7.6. Fatty Acids Market – Argentina
- 8.7.6.1. Argentina: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.7.6.2. Argentina: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.7.6.3. Argentina: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 8.7.7. Fatty Acids Market – Rest of Latin America
- 8.7.7.1. Rest of Latin America: Fatty Acids Market, by Type, 2020–2034 (USD Billion)
- 8.7.7.2. Rest of Latin America: Fatty Acids Market, by Form, 2020–2034 (USD Billion)
- 8.7.7.3. Rest of Latin America: Fatty Acids Market, by End-Use Industry, 2020–2034 (USD Billion)
- 9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
- 10. Company Profiles
- 10.1. Akzo Nobel
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Arizona Chemical
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Ashland Inc.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. BASF SE
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Cargill Inc.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Croda International Plc
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. DOW
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Eastman Chemical Corporation
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Godrej Industries
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Koniklijke
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Vantage Oleochemicals
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
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