Food Grade Stearic Acid Market
Food Grade Stearic Acid Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Food Grade Stearic Acid Market Size and Growth
The Food Grade Stearic Acid market is experiencing steady growth, driven by increasing demand in food and cosmetic applications. The market size is projected to reach USD 1.2 billion by 2025, with a CAGR of 5%. Key trends include rising health consciousness and sustainable product innovations in the food sector.
Companies Covered
(Covid 19 Impact Covered)
◍ BASF SE
◍ Wilmar International Ltd.
◍ Now Foods
◍ Godrej Industries Ltd.
◍ Kao Corporation
◍ Pacific Oleochemicals Sdn Bhd
◍ Emery Oleochemicals Group
The Food Grade Stearic Acid Market features key players like BASF SE, Wilmar International Ltd., and Now Foods, utilizing stearic acid in food applications and dietary supplements. Their innovation and supply chain efficiency drive market growth. Sales revenues include: BASF SE: €78 billion; Wilmar International: $53 billion; Kao Corporation: $14 billion.
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Market Segmentation
By Application
Detergents
Cosmetics
Pharmaceuticals
Others
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By Product
Coconut Oil
Palm Oil
Sunflower Oil
Soybean Oil
Market Growth
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$ X Billion USD
