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The rising demand for cosmetics and personal care productsare expected to drive innovation in fatty acids manufacturing, thus driving the market during the forecast period.

The global fatty acids market is expected to grow from $82.09 billion in 2022 to $89.7 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The global fatty acids market size is expected to grow from $123.61 billion in 2027 at a CAGR of 8.3%.

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Global Fatty Acids Market Segments Include:

• By Product Type: Unsaturated Fatty Acids, Saturated Fatty Acids
• By Form: Oil, Capsule, Syrup, Powder
• By Source: Vegetable Oils, Marine, Nuts and Seeds, Soy and Soy Products
• By End User Industry: Household, Cosmetics, and Personal Care, Soap and Detergent, Oilfield, Rubber and Plastic, Lubricants, Other End-user Industries
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global fatty acids market in 2021.

Major Market Players in the fatty acids market include BASF SE, FMC Corporation, The Dow Chemical Company, Koninklijke Dsm Nv, Enzymotec Ltd., Croda International PLC.

Due to rising awareness regarding health, omega fatty acid supplements are increasingly being used. Omega fatty acids are present extensively in fish oils and are vital ingredients for the human body. Omega-3 supplements can help relieve rheumatoid arthritis symptoms and can also be used as dietary supplements or medicinal supplements. The use of Omega-3 fatty acids and Omega-6 fatty acids helps to combat diseases and improve cardiovascular health, promote healthy metabolism, reduce pain and inflammation in joints, increase optimal brain function, etc. According to the World Health Organization (WHO), 17.9 million people in the world die every year due to cardiovascular diseases. Therefore, rising awareness regarding health issues, especially for heart diseases, is expected to drive the market for fatty acids.

The Fatty Acids Global Market Report 2023 provides a fatty acids market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The fatty acids market forecast analyzes fatty acids market size, fatty acids market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Fatty acids are carboxylic acids that act as energy for muscles, the heart, and other organs as building blocks for fats in the human body and also as an agent that manages inflammation in the body. Fatty acids comprise a straight chain of an even number of carbon atoms with hydrogen atoms along the length of the chain and at one end of the chain and a carboxyl group (COOH) at the other end.

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