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Linoleic Acid Market Size
- Report ID: GMI1971
- Published Date: Jun 2018
- Report Format: PDF
Linoleic Acid Market Size
Linoleic acid Market size was over USD 2.2 billion in 2017 and industry expects consumption of above 1 million tons by 2024.
Growing influence on bio-based material mainly for usage in paints & coatings and adhesives applications owing to environmental concerns from petrochemicals products will drive linoleic acid market size. Increasing importance of daily health management and rise in personalized nutrition trends along with growing demand for natural ingredients in nutritive products will boost product demand.
Linoleic acid is a polyunsaturated fatty acid which is essential for healthy hair and skin, as well normal brain function. It can be synthesized naturally by humans or consumed through various food ingredients and is also utilized in oils and quick-drying soaps and several other industrial applications.
Global dietary supplement market may exceed to USD 275 billion and is likely to grow by 8.5% by 2024. Attractive nutritional value of product tends to foster its utilization in dietary supplements which helps in weight loss and retain lean muscle mass. Rising obesity incidents in U.S, Germany, UK due to instable diet patterns along with long working hours and high adoption rate of packaged food items is anticipated to increase consumer spending on supplements which may favour linoleic acid demand.
| Report Attribute | Details |
|---|---|
| Base Year: | 2017 |
| Forecast Period: | 2018 to 2024 |
| Historical Data for: | 2013 to 2017 |
| No. of Pages: | 140 |
| Tables, Charts & Figures: | 127 |
| Segments covered: | Application, Downstream Potential and Region |
Established health & nutrition claims and intake recommendations from EFSA have led to product innovations, mainly in the European market thereby promoting regional industry growth. Supportive regulatory regimes regarding functional foods & nutraceuticals labelling and marketing claiming health benefits along with recommended dosage are appealing to consumers. Shifting trends toward additional benefits in dietary supplements along with consumers inclination toward observing products for specific claims and multifunctional products may drive market growth.
Ethyl linoleic acid is an unsaturated fatty acid, derivative of linoleic acid. It is used in cosmetics for its antibacterial and anti-inflammatory properties and is reported to accelerate healing of wounds and clinically proven to be an effective anti-acne agent. Consumer adoption for organic ingredients over synthetic chemicals mainly in anti-ageing cosmetics supported by availability of varied premium natural skincare products will propel industry growth.
Vegetable & nut oils including sunflower, corn, rice bran, walnut, cotton, rapeseed and safflower are the essential raw materials. Rising demand for vegetable oil in food & beverage, biofuels and paints may affect these raw material supply for commercial production which may limit industry profitability, thereby affecting linoleic acid market price trend.
Linoleic Acid (LA) Market Scope
