Global capric acid market is projected to reach $ 2 billion by 2024. Capric acid also known as C10 fatty acid or decanoic acid, is a saturated acid naturally found in palm and coconut oils, as well as certain types of milk such as cow’s or goat’s milk. Capric acid is used extensively in consumer products owing to its various health benefits. For instance, it helps in increasing good cholesterol in the body when consumed in combination with other medium chain fatty acids such as caprylic acid and lauric acid.

Growing demand from food & beverage industry is one of the key factors expected to propel the growth of global capric acid market through 2024. On the account of increasing demand from growing economies like APAC and Africa, food production industry has been growing significantly. This robust growth is anticipated to drive the growth of capric acid market across the globe since capric acid is widely used by various food items, breweries, wineries, and meat processing industries. Additionally, capric acid is classified as an emulsifier as well as an emollient. Therefore, it finds its application in the personal care industry for formulating lotions and creams, which is anticipated to give a boost to capric acid market across the globe over the coming years.

The global capric acid market is segmented based on source, application, region and company. Based on application, the market can be segmented into cosmetics and personal care, food and beverage, pharmaceutical, industrial chemicals and others. Among them, the food and beverage sector dominated the market until 2018 and is projected to maintain its lead over the forecast period as well. This growth is attributable to rising consumption of packaged and processed food which in turn increases the demand for new and differentiated textures, aroma, colors and flavors. Capric acid is a key ingredient used in the manufacture of esters. These esters are used in making artificial food coloring, flavors, and aroma.

Major players operating in the capric acid market include Acme-Hardesty, Ecogreen Oleochemicals, Henan Eastar Chemicals, Hangzhou Oleochemicals, IOI Oleochemicals, KLK OLEO, Majorhub Oleochemicals, P&G, Temix Oleo, Univar and others. The companies are launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions to expand their geographic reach.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyse and forecast the market size of global capric acid market.
  • To classify and forecast global capric acid market based on source, application, company and regional distribution.
  • To identify drivers and challenges for global capric acid market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global capric acid market.
  • To conduct pricing analysis for global capric acid market.
  • To identify and analyse the profile of leading players operating in global capric acid market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the new products, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global capric acid market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Capric acid manufacturers, suppliers, distributors and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to capric acid  
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global capric acid market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Source:
    • Animal
    • Plant
  • Market, By Application:
    • Cosmetics and Personal Care
    • Food and Beverage
    • Pharmaceutical
    • Industrial Chemicals
    • Others
  • Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • UAE
      • Saudi Arabia
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global capric acid market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
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1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

5.    Global Capric Acid Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Source (Animal and Plant)

5.2.2.     By Application (Cosmetics and Personal Care, Food and Beverage, Pharmaceutical, Industrial Chemicals and Others)

5.2.3.     By Region

5.2.4.     By Company (2018)

6.    North America Capric Acid Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Source

6.2.2.     By Application

6.2.3.     By Country (United States; Canada; Mexico and Rest of North America)

6.3.  North America: Country Analysis

6.3.1.     United States Capric Acid Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Source

6.3.1.2.2.             By Application

6.3.2.     Canada Capric Acid Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Source

6.3.2.2.2.             By Application

6.3.3.     Mexico Capric Acid Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Source

6.3.3.2.2.             By Application

7.    Europe Capric Acid Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Source

7.2.2.     By Application 

7.2.3.     By Country (France; Germany; UK; Italy; Spain and Rest of Europe)

7.3.  Europe: Country Analysis

7.3.1.     France Capric Acid Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Source

7.3.1.2.2.             By Application

7.3.2.     Germany Capric Acid Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Source

7.3.2.2.2.             By Application

7.3.3.     United Kingdom Capric Acid Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Source

7.3.3.2.2.             By Application

7.3.4.     Italy Capric Acid Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Source

7.3.4.2.2.             By Application

7.3.5.     Spain Capric Acid Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Source

7.3.5.2.2.             By Application

8.    Asia-Pacific Capric Acid Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Source

8.2.2.     By Application

8.2.3.     By Country (China; India; Japan; South Korea; Australia; and Rest of Asia Pacific)

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Capric Acid Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Source

8.3.1.2.2.             By Application

8.3.2.     India Capric Acid Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Source

8.3.2.2.2.             By Application

8.3.3.     Japan Capric Acid Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Source

8.3.3.2.2.             By Application

8.3.4.     South Korea Capric Acid Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Source

8.3.4.2.2.             By Application

8.3.5.     Australia Capric Acid Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Source

8.3.5.2.2.             By Application

9.    Middle East and Africa Capric Acid Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Source

9.2.2.     By Application

9.2.3.     By Country (UAE; Saudi Arabia; South Africa and Rest of Middle East & Africa)

9.3.  MEA: Country Analysis

9.3.1.     South Africa Capric Acid Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Source

9.3.1.2.2.             By Application

9.3.2.     Saudi Arabia Capric Acid Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Source

9.3.2.2.2.             By Application

9.3.3.     UAE Capric Acid Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Source

9.3.3.2.2.             By Application

10.  South America Capric Acid Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Source

10.2.2.  By Application

10.2.3.  By Country (Brazil; Argentina; Colombia; and Rest of South America)

10.3.              South America: Country Analysis

10.3.1.  Brazil Capric Acid Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Source

10.3.1.2.2.           By Application

10.3.2.  Argentina Capric Acid Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Source

10.3.2.2.2.           By Application

10.3.3.  Colombia Capric Acid Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Source

10.3.3.2.2.           By Application

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Competitive Landscape

13.1.              Competition Outlook

13.2.              Company Profiles

13.2.1.  Acme-Hardesty

13.2.2.  Ecogreen Oleochemicals

13.2.3.  Henan Eastar Chemicals

13.2.4.  Hangzhou Oleochemicals

13.2.5.  IOI Oleochemicals

13.2.6.  KLK OLEO

13.2.7.  Majorhub Oleochemicals

13.2.8.  P&G

13.2.9.  Temix Oleo

13.2.10.  Univar

14.  Strategic Recommendations

15.  About Us & Disclaimer

 (Note: The companies list can be customized based on the client requirements.)

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com