Global Market Research Report on Capric Acid Market 2017 is a professional and in-depth complete study on the current state of the Capric Acid worldwide.
Deerfield Beach, FL -- (SBWIRE) -- 06/23/2017 -- Latest industry research report on Capric Acid Market. Capric acid, also known as Decanoic acid, is a saturated fatty acid naturally found in animal fats, milk of goats and cows, and plant oils such as palm and coconut oil. Capric acid is used in the manufacturing of esters for artificial flavoring, color, and aroma. Moreover, it is used in the production of personal care products, pharmaceuticals, synthetic rubbers, dyes, lubricating grease, and plastics products. It is a vital part of the delivery system that helps the diabetics absorb prescribed amounts of insulin. The world capric acid market is expected to witness dynamic growth, owing to the large number of end users and increasing industry applications.
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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 manufacture drugs for diabetic patients, which boosts the growth of the market.
The capric acid market is segmented on the basis of source, end user, and geography
Market By Source
Animal
Plant
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Market By End Users
Food & Beverages
Industrial Chemicals
Personal Care
Pharmaceuticals
Others
Market By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Others
Asia-Pacific
India
China
Japan
Others
LAMEA
Latin America
Middle East
Africa