Wed, 25 Nov 2020

Oleic acid manufacturers are primarily invested in research towards expanding the scope of applications for oleic acid, with potential for new revenue streams in the forecast period.

ROCKVILLE, MD / ACCESSWIRE / November 11, 2020 / The oleic acid market will display a moderate 3% CAGR for the forecasting period between 2020 and 2030. The coronavirus pandemic will have a marginal impact on the global oleic acids market owing to reduced demand in multiple end use sectors owing to stringent lockdown regulations. However, extensive use of oleic acid in essentials such as food, pharmaceuticals, and personal care products are likely to minimize losses during the crisis period, with the industry likely to reach normalcy towards 2021, as the pandemic subsides.

'Food and technical grade oleic acid variants are estimated to gain demand from the textile rubber, food processing sectors. However, new applications of oleic acid in drug development as an excipient will provide manufacturers with major lucrative opportunities in the years ahead,' says the Fact.MR analyst.

Request a report sample to gain more market insights at

Oleic Acid Market - Important Takeaways

  • Food and beverage applications of oleic acid account for significant market share, with roles as emulsifiers and binders in the industry.
  • Plant-based oleic acid witnessing fast growth owing to changes in consumer preferences including vegan, vegetarian, and halal end products among others.
  • Asia Pacific is a prominent market, accounting for more than half of the oleic acid industry owing to large-scale production of multiple edible oils in the region.

Oleic Acid Market - Driving Factors

  • Industrial applications of oleic acid as protective coatings, lubricants, and surfactants are key drivers of market growth.
  • Changes in regulations, encouraging the use of bio-based chemical compounds will support adoption rates.

Oleic Acids Market - Leading Constraints

  • Limited range of enzyme addition into chemical reactions is an issue in terms of oleic acid conversion which hinders applications.
  • Availability of alternatives to oleic acid the food and industrial sectors are expected to limit market growth.

Anticipated Market Impact by Coronavirus Outbreak

The coronavirus pandemic has moderately affected developments in the global oleic acid market. Disruptions in supply chains owing to lockdowns has been a concern. Also, inventories reaching capacity, a drop in production rates and limited activity in end use industries are restraining short term growth.

However, growing applications in the health care sector, especially in drug and vaccine development will create profitable opportunities. Also, roles in food and personal care products will also support demand as consumers take to stockpiling behavior during the crisis. The industry will witness steady recovery in the coming months with production and manpower issues being dealt with.

Explore the global Oleic acid market with 49 figures, 84 data tables, along with the table of contents of the report. You can also find detailed segmentation on

Competition Landscape

Prominent manufacturers in the oleic acid market include but are not limited to Univar Solutions Inc., Twin Rivers Technologies Inc., Recochem Inc., Emery Oleochemicals (M) Sdn Bhd, White Group Public Co. Ltd., and Kraton Corp.

Top market players are focused on research initiatives to widen the potential applications of oleic acid, appealing to a wider consumer demographic and creating new revenue streams in the industry.

For instance, Wilmar International Ltd has revealed trials to use oleic acid supplements in formulations of animal feed products to improve milk yield from lactating cows. Clover Biopharmaceuticals has conducted trials with oleic acid as viable vaccine culture mediums for better stability. Also, Eastman Chemical Company has unveiled a new kosher, non-animal, high-purity oleic acid offering in compliance with FDA regulations.

More on the Report

The FACT.MR's market research report provides in-depth insights on oleic acid market. The market is scrutinized according to origin (plant and animal), grade (food, pharmaceutical, and technical), and end use (food & beverages, textiles & leather, cosmetics & personal care, pharmaceuticals, chemical intermediates, automotive, paints & coatings, and others) across five key regions (North America, Latin America, Europe, Asia Pacific, and Middle East and Africa).

Explore Wide-ranging Coverage of FACT.MR's Chemical & Materials Landscape

Cosmetic Grade Warming Agents: Find insights on the cosmetic grade warming agents market with analysis of segments, statistics, influencers, market players and business strategies adopted over a 10-year forecast period.

Cosmetic Based Preservatives Market: FACT.MR's report on the cosmetic based preservatives market offers insights on the market set for strong growth during 2018-2028, including restraining forces, revenue sources, market leaders, and market strategies.

Titanium Dioxide Market: Read an analysis on the titanium dioxide market with insights on growth factors, opportunities, restraints, regional market forecast, regulatory policies, and strengths of market leaders.

About Fact.MR

Fact.MR is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. Fact.MR is headquartered in Dublin, and has offices in Dubai. Fact.MR's latest market research reports industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.


11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States


View source version on

More Oklahoma City News

Access More

Sign up for Oklahoma City News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!