Oct 31, 2017   SOURCE: BusinessWire

Global Capric Acid Market (2017-2022): Driven by the Application of Capric Acid in Cosmetic & Personal Care Industry - Research and Markets

The "Global Capric Acid Market - Growth, Trends and Forecasts (2017 - 2022)" report has been added to Research and Markets' offering.

The market was valued at about USD 199.5 million in 2014 and is expected to reach USD 312.8 million by 2022, registering a CAGR of 7.7%, during 2017-2022 (forecast period). Capric acid is a naturally occurring acid, which belongs to the fatty acids group in the saturated form. Capric acid has high market value, owing to its wide-range of end-user applications.

Capric acid is a compound that has a number of functions such as emulsifier, plasticizer, lubricant and moisturizing agent, which increase its market value, extensively. It is mainly used in the preparation of artificial food flavors, which by itself is a large market. The inclination of consumers to experiment with flavors is expected to provide new opportunities for the growth of the capric acid market. Most of the global manufacturers are focusing on investments in the Asia-Pacific region as there are no stringent rules for the use of artificial flavors.

Capric acid has various applications in the food and beverages industry such as flavor fixation, bacterial sterilization, stabilization, flavor enhancement, and adjustment of acid levels. Therefore, it is frequently used in ice creams, desserts, canned, sauces, cake mixes, baked goods, packaged vegetables, frozen fish and fruits, products, puddings, and cheese products. Further, it also finds application in the beverage products, from fruit juices to wine.

Companies Mentioned

  • Dsm Nutritional Products
  • Bioprocess Algae
  • Llc
  • Neptune Wellness Solutions (Biogroga)
  • Source-Omega
  • Qualitas Health
  • Nordic Naturals
  • Adm
  • Algaecytes
  • Simris Alg
  • Algisy
  • Polaris
  • Terravia (Solazyme)
  • Xiamen Huison Biotech
  • Nature's Way (Ascenta Health)
  • Bioceuticals
  • Synthetic Genomics

Key Topics Covered:

1. Introduction

2. Research Approach and Methodology

3. Market Overview

4. Market Dynamics

5. Market Segmentation

6. Competitive Landscape

7. List of Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/nmzq9s/global_capric