Global Fatty Acid Market: Trending in 2021 New York, NY 15 June 2021: The global fatty acid market size is expected to reach USD 45.8 billion by 2026 growing at CAGR 5.2% according to a new report published by Polaris Market Research.
The report “Fatty Acid Market Share, Size, Trends, Industry Analysis Report By Product Type (Saturated, Monounsaturated, Polyunsaturated, and Trans Fats), By Application (Dietary Supplements, Food & Beverage, Animal Feed, Cosmetics, Lubricants, and Others), By Regions, Segments & Forecast, 2019 – 2026” provides a comprehensive analysis of present market insights and future market trends.
Fatty acids are carboxylic group-carbon compounds identified by its long aliphatic chain.
The global market has got its healthy outlook thanks to healthcare and food and beverage industry.
Fatty acids have a wide application spectrum such as detergents, varnishes, textile chemicals, paints, insecticides, rubber compounding and synthetic rubber formulations.
An increasing disposable income and major area of spending belonging to food and bakery products in both developed and developing nations has helped growth of food industry.