Fatty Acid Market - Forecast(2021 - 2026)
Fatty Acid Market Overview: Emollients are the key ingredients of cosmetics and personal care products. Used as a source to replenish and soothe the skin, fatty acids are the revolutionary emollients and emulsifiers in the cosmetics industry. Fatty acids are a type of carboxylic acid used as an ingredient in varied skin-care goods such as creams, lotions, shampoos, and lipsticks, and also utilized as a dietary supplement in the pharmaceutical industry. Generally obtained from vegetable oils, nuts and seeds, and animal fats, fatty acid esters such as triglycerides, phospholipids, and cholesterol esters are widely used as skin hydration and thickening agents in cosmetics. According to the Global Wellness Institute, personal care, beauty, and anti-aging market accounted for $1.083 billion in 2017.[1] Owing to increasing demand for grooming products, and growing awareness about the organic products, the global fatty acid market is expected to grow with a CAGR of 4% during the forecast pe...