Persistence Market Research Released New Market Report on “Fatty Acids Supplements Market - Global Industry Analysis and Forecast to 2020”

New York, NY -- (SBWire) -- 09/16/2014 --Fatty acid is a biochemical substance which contains long aliphatic chain and can be either saturated or unsaturated. Increasing health awareness and medicinal benefits of fatty acids are major growth drivers for the global fatty acids market. Sunflower oil, corn oil, soybean oil, olive oil, pig fat, beef fat and butter are some of the main sources of naturally accruing fatty acids. The fatty acids products are used in a wide range of industries. Structurally, fatty acids have two reactive sites; the minor one is the double bond along strait alkyl chain, whereas the major one is carboxylic acid group at the start of the chain.

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Fatty acids are excellent hydrophobes (molecule that repells from a mass of water) and thus are the key material for surfactant group (compounds that lower the surface tension between two liquids or between a liquid and a solid. It may act as detergents, wetting agents, emulsifiers, foaming agents, and dispersants).

Asia-Pacific is the leading manufacturer and consumers of the fatty acid in the world. Accessibility of raw materials and sophisticated infrastructure led Southeast Asia (integrated part of Asia Pacific) into a modern hub for fatty acids industry. Local industries in Malaysia and Indonesia are enhancing their manufacturing ability. More over facilities in western countries for fatty acid production is old and manufacturing cost is high mainly due to increasing raw material cost. The major market in Asia pacific region includes Malaysia, Indonesia, China and India, and these countries account for more than half of the total production of fatty acids in Asia pacific.

In the past few years, certain health organizations found omega series fatty acids can be used as effective source for treatment in eye, hair, and heart diseases. Such developments are further expected to drive the market growth. Increasing consumer base and technology advancement in controlling oxidation (to maintain the quality, taste and smell of food) in omega-3, omega-6 and omega-9, for improved taste are also expected to drive the demand for fatty acids supplements.

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On the consumption front, with the advancement in omega-3, omega-6, and omega -9 series fatty acid and their increasing use in food, beverages and pharmaceuticals industries the overall market share of fatty acids is expected to increase in food supplements markets in Europe and North America. Severe rivalry, overcapacity, and the emergence of new fatty acid manufacturing facilities in China and Southeast Asia add further to the price pressures. Offering competitive prices is expected to be a key strategy to endure in this highly cutthroat and price sensitive market.

The keen consumer base, technology advancement in control oxidation in omega-3, omega-6 and omega-9, for improved taste, economic growth in developing Asia Pacific countries and the resultant rise in living standards, and increase use of omega series fatty acids in pharmaceuticals and functional food and beverages are expected to drive the market during the forecasted period. The price pressures and falling profit margins are two major challenges for the industry. The raw materials constitute the majority of total cost of production for fatty acids and their price varies from region to region. The raw material prices are also highly volatile in nature adding further challenges for the industry situated in western countries.

Some of the major players operating in fatty acids market are Emergy Oleochemicals, Arizon chemicals, Koula Lumpur Kepong Berhad (KLK), Wilmar International, Vantage Oleochemical, Forchem and Cremer Oleo GmbH & Co. KG.

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Key points covered in the report:

1. Report segments the market on the basis of types, application, products, technology, etc (as applicable)

2. The report covers geographic segmentation

North America
Europe
Asia
RoW

3. The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020

4. The report provides company profiles of some of the leading companies operating in the market

5. The report also provides porters five forces analysis of the market.

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