The new report by Expert Market Research titled, ‘Global Myristic Acid Market Size, Share, Price, Trends, Growth, Report and Forecast 2020-2025’, gives an in-depth analysis of the global myristic acid market, assessing the market based on its segments like sources, applications, end uses, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/myristic-acid-market/reques...
The key highlights of the report include:
Market Overview (2015-2025)
• Forecast CAGR (2020-2025): 5% (Global Natural Fatty Acid Market)
The major factor contributing to the growth of the myristic acid market is the increasing interest in flavours in convenience food. The expansion of exotic and spicy flavors in the existing product portfolio by major manufacturers is also giving a boost to the market. It is proven to be very effective in helping with fat metabolism and weight loss, along with improving brain and nerve quality. It also helps in anti-ageing and can be used for the supplementation process.
Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/myristic-acid-market
Industry Definition and Major Segments
Myristic acid is a common, natural, organic, and saturated fatty acid that is found in plants and animal sources, such as nutmeg, coconut oil, palm oil, butterfat, and spermaceti, the oil obtained from the sperm whale. It is named after the binomial name for nutmeg, from which it was first isolated in 1841 by Lyon Playfair. It is also used for making flavours, fragrances, soaps, and cosmetics.
The market on the basis of sources can be divided into:
• Plant Based
• Animal Based
On the basis of applications, the market is divided into:
• Food Additive
• Surfactant
• Opacifying Agent
• Emollient
• Cleansing Agent
• Others
Based on end use, the industry is segmented into:
• Food and Beverage
• Cosmetic and Personal Care
• Others
The regional markets for myristic acid include:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Market Trends
The increased demand for exotic and spicy food is likely to propel the growth in the market in the forecast period. Due to its numerous uses, such as helping with fat metabolism and weight loss, along with improving brain and nerve quality, the market demand is expected to grow in the forecast period. The plant-based source for myristic acid would be the most used segment and would further the growth of the market in the upcoming period.
Key Market Players
The major players in the market are Axaria Europe S.L., Mosselman S.A., Godrej Industries (NSE: GODREJIND), Cremer Oleo GmbH & Co. KG, Central Drug House (P) Ltd., and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Related Reports:
Diatomite Market: https://www.expertmarketresearch.com/reports/diatomite-market
Erucic Acid Market: https://www.expertmarketresearch.com/reports/erucic-acid-market
Magnesium Lactate Market: https://www.expertmarketresearch.com/reports/magnesium-lactate-market
Black Fungus Extract Market: https://www.expertmarketresearch.com/reports/black-fungus-extract-market
Water Clarifiers Market: https://www.expertmarketresearch.com/reports/water-clarifiers-market
Biopesticides Market: https://www.expertmarketresearch.com/reports/biopesticides-market
Calcium Formate Market: https://www.expertmarketresearch.com/reports/calcium-formate-market
Industrial Rubber Market: https://www.expertmarketresearch.com/reports/industrial-rubber-market
Ferro Fluids Market: https://www.expertmarketresearch.com/reports/ferro-fluids-market
Precipitated Barium Sulphate Market: https://www.expertmarketresearch.com/reports/precipitated-barium-sulphat...
Note 1: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Note 2: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: Expert Market Research
Contact Person: Mathew Williams, Business Consultant
Email: sales@expertmarketresearch.com
Expert Market Research
Toll Free Number: +1 (650) 761-6200 | +44 7441 392205
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com