Capric Acid Market 2016: Industry Insights, Statistics, Demand and Forecasts to 2022
Factors such as progressive demographic changes and consumer awareness regarding personal care have boosted the Capric Acid market. Moreover, increasing consumption of processed and packaged food products has fostered the demand for new artificial flavoring and coloring agents. However, the exposure in its refined form leading to skin or pulmonary irritation and irregular availability of raw materials are the major factors restricting the market growth. The prominent pharmaceutical companies intend to use the capric acid present in coconut oil to...
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