Report Description

Forecast Period

2024-2028

Market volume (2022)

260 thousand tons

CAGR (2023-2028)

3.81%

Fastest Growing Segment

Rapeseed Oil

Largest Market

Asia Pacific


Market Overview

Global Erucic Acid Market has volumed at 260 thousand tons in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 3.81% through 2028 to reach 322 thousand ton in 2028. driven by population growth, urbanization, changing consumer preferences, and increasing demand from various end-use industries, including food and beverage, personal care and cosmetics, pharmaceuticals, and industrial applications. While the market is relatively small compared to other oleochemicals, it has witnessed steady growth due to changing consumer preferences and industrial requirements. Continued emphasis on sustainable and bio-based products is expected to further drive the demand for erucic acid in the coming years.The global erucic acid market is a niche segment within the broader oleochemicals industry. Erucic acid, also known as docosenoic acid, is a long-chain monounsaturated fatty acid with 22 carbon atoms. It is primarily derived from rapeseed oil, mustard seed oil, and other vegetable oils.In the food and beverage sector, erucic acid finds application in the food industry, primarily as a food additive and emulsifier.

It is used in the production of margarine, spreads, baked goods, and confectionery items. Additionally, erucic acid is utilized in the formulation of food-grade lubricants. Erucic acid is also used in the personal care and cosmetics industry for manufacturing skincare products, hair care products, and cosmetics. It provides emollient properties and acts as a conditioning agent in various formulations.In the pharmaceuticals sector, erucic acid is employed in the pharmaceutical industry for the production of medicinal products, including ointments and creams. It serves as a base for topical formulations due to its emollient and moisturizing properties. Erucic acid finds applications in industrial sectors such as lubricants, plasticizers, and surfactants. It is used as a raw material to produce industrial lubricants due to its excellent lubricating properties. All these factors led to rise in the demand of the global erucic acid market in forecasted period. The global erucic acid market is characterized by the presence of several major players. Some of the key companies operating in this market include Croda International Plc, Cargill, Inc., BASF SE, Wilmar International Ltd, AkzoNobel N.V., and Emery Oleochemicals.

Key Market Drivers

Increasing Demand in Food and Beverage Industry is driving the demand for Global Erucic Acid Market

The global Erucic Acid market is experiencing a significant surge in demand, driven by the ever-expanding food and beverage industry. Erucic Acid, a long-chain monounsaturated fatty acid, is playing an increasingly vital role in various food applications due to its unique properties and benefits. In this article, we will explore how the growing demand in the food and beverage sector is propelling the Erucic Acid market forward.

Erucic Acid, primarily sourced from high-erucic acid rapeseed oil, has found its place in the food and beverage industry for several reasons that’s led to enhance their properties. Erucic Acid is known for its oxidative stability, making it a valuable ingredient for extending the shelf life of food products. It helps prevent rancidity and maintains the freshness of various food items, including baked goods, snacks, and spreads.

Erucic Acid contributes to the desirable texture and mouthfeel of certain food products, such as sauces, dressings, and margarine. Its unique properties make it an ideal choice for achieving the desired consistency and creaminess in these items. Erucic Acid acts as an effective emulsifier and stabilizer in food formulations. It helps combine ingredients that would otherwise separate, ensuring a uniform and appealing texture in products like salad dressings and sauces.

Erucic Acid sourced from high-erucic acid rapeseed oil is often perceived as non-GMO and plant-based, appealing to consumers seeking natural and sustainable ingredients. While the nutritional profile of Erucic Acid is subject to ongoing research, it is considered a potential source of monounsaturated fats, which are associated with heart health. This perception aligns with the growing consumer interest in healthier food choices. The clean label movement in the food and beverage industry is driving the demand for Erucic Acid as it is seen as a naturally derived ingredient without the need for chemical additives or preservatives.

The global food and beverage industry is witnessing a shift in consumer preferences towards processed and convenience foods. This shift is fueled by changing lifestyles, urbanization, and the need for on-the-go meal options. Erucic Acid's role as an ingredient that enhances the quality, stability, and flavor of these products makes it a valuable component in the formulation of processed and convenience foods. With the global population steadily increasing, the demand for food and beverage products is also on the rise. Erucic Acid's versatility in various applications positions it as an essential ingredient to meet the growing demand for high-quality, longer-lasting food products.

Therefore, the  increasing demand in the food and beverage industry is a driving force behind the growth of the global Erucic Acid market. Its unique properties and benefits, such as stability, texture enhancement, and clean label appeal, make it a sought-after ingredient in a wide range of food applications. As the food industry continues to evolve to meet consumer preferences and global challenges, Erucic Acid's significance is likely to grow, cementing its place as a valuable asset in the formulation of diverse food and beverage products.

Growing Personal Care and Cosmetics Industry demand Pushes the global erucic acid market growth

The global erucic acid market is experiencing growth, partly due to the increasing demand from the personal care and cosmetics industry. Erucic acid, a long-chain monounsaturated fatty acid primarily derived from high-erucic acid rapeseed oil, has found various applications in personal care and cosmetics.

Erucic acid is valued in the personal care and cosmetics industry for its emollient properties. It helps moisturize and soften the skin and hair, making it a desirable ingredient in creams, lotions, shampoos, conditioners, and other skincare and haircare products. As consumers increasingly prioritize products that enhance skin and hair health, the demand for erucic acid in these formulations is rising.

Erucic acid contributes to the texture and sensory appeal of personal care products. It helps create smooth and creamy textures in cosmetics, providing a luxurious feel during application. This aspect is crucial for enhancing the user experience and is particularly sought after in premium and high-end skincare and cosmetic products.

Cosmetics and personal care products often contain oils and fats that can become rancid over time, leading to product spoilage. Erucic acid's oxidative stability helps extend the shelf life of these products by preventing lipid oxidation, ensuring that consumers receive effective and safe products.

Erucic acid sourced from high-erucic acid rapeseed oil is viewed as a natural and plant-based ingredient, aligning with the clean beauty and natural cosmetics trends. Consumers are increasingly seeking products that incorporate naturally derived ingredients, and erucic acid fits well within this trend.

In hair care products, erucic acid can help improve hair manageability, shine, and overall health. This makes it a valuable ingredient in shampoos, conditioners, and styling products as consumers seek solutions for maintaining and enhancing the appearance and health of their hair.

Erucic acid's unique properties make it suitable for niche and specialty personal care and cosmetics products. This includes products designed for specific skin or hair concerns, premium anti-aging formulations, and specialized treatments, further expanding its market reach.

The global beauty and wellness industry is experiencing rapid growth, driven by evolving consumer preferences for self-care and well-being. This trend has created a demand for innovative and effective personal care and cosmetic products, in which erucic acid can play a vital role.

Cosmetic and personal care product manufacturers are continually innovating to meet consumer demands for better performance, safety, and sustainability. Erucic acid's versatility and compatibility with various formulations make it an attractive option for product development.

Therefore, the personal care and cosmetics industry's growing demand for erucic acid is driven by its versatile properties and its alignment with consumer preferences for natural, effective, and high-quality products. As the beauty and wellness market continues to expand, erucic acid is poised to play an increasingly significant role in meeting these demands, contributing to the overall growth of the global erucic acid market.

Shift towards Sustainable and Bio-based Products is Driving the global erucic acid Market

The global erucic acid market is experiencing growth, largely fueled by a notable shift toward sustainable and bio-based products. Erucic acid, a long-chain monounsaturated fatty acid primarily derived from high-erucic acid rapeseed oil, aligns with the growing demand for more environmentally friendly and renewable solutions.

Erucic acid is derived from natural sources, particularly high-erucic acid rapeseed oil, which is plant-based and renewable. As consumers increasingly seek products made from sustainable sources, erucic acid stands out as an attractive ingredient that aligns with these preferences.

The production of erucic acid from rapeseed oil tends to have a lower environmental footprint compared to some synthetic alternatives. Its biodegradability and lower impact on ecosystems contribute to its appeal in environmentally conscious markets.

Erucic acid is known for its biodegradable nature, making it an environmentally friendly choice in various applications. It is less likely to persist in the environment and contribute to pollution, aligning with sustainability goals.

Erucic acid's origin from natural sources often translates to clean label claims on product packaging. Consumers are increasingly scrutinizing ingredient lists, favoring products with fewer synthetic additives and chemicals. Erucic acid's clean and bio-based image resonates with these preferences.

The personal care, cosmetics, and food industries are adopting green chemistry principles and seeking bio-based ingredients. Erucic acid fits into the green chemistry framework by offering an alternative to conventional, petroleum-based ingredients. Regulatory agencies in various regions are promoting bio-based and sustainable products. Policies, incentives, and certifications that favor environmentally friendly ingredients encourage manufacturers to use erucic acid in their formulations.

Erucic acid's versatility extends to a wide range of applications, from cosmetics and personal care to food products and industrial uses. Its suitability for multiple industries allows it to tap into various markets that prioritize sustainability. Ongoing research and development efforts are expanding the range of applications for erucic acid. This includes bio-based plastics, lubricants, and biofuels, further enhancing its relevance in sustainable product development. Many companies are incorporating sustainability goals into their business strategies. Erucic acid is a valuable ingredient that supports these initiatives by contributing to the development of more sustainable and environmentally responsible products.

Hence, the global erucic acid market is benefiting from the growing shift toward sustainable and bio-based products. Erucic acid's natural origin, reduced environmental impact, and versatility in various applications position it as a key ingredient in the development of eco-friendly and renewable solutions. As consumer and industry demand for sustainable products continues to rise, erucic acid is likely to play an increasingly significant role in meeting these needs, driving the growth of the global erucic acid market.