High Purity Oleic Acid Market - Forecasts from 2025 to 2030

The high-purity oleic acid market is projected to grow at a CAGR of 6.95%, attaining US$203.567 million by 2030, from US$145.472 million in 2025.

High-purity oleic acid is a naturally colorless liquid oil that shares similar properties with omega-9 oil. It is utilized across various sectors, including pharmaceuticals, food, industrial applications, and cosmetics. This acid offers significant health benefits, such as lowering LDL (low-density lipoprotein) levels while increasing HDL (high-density lipoprotein) levels, which are beneficial for overall health. The market for high-purity oleic acid is expected to expand due to its increasing application in the industrial sector. Oleic acid is used in a variety of products and solutions, including chemical intermediates, detergents, lubricants, surfactants, and epoxy resins. The global industrial sector has seen substantial growth in output, driven by rising investments and favorable government policies that contribute to market expansion. Additionally, the growing production in the pharmaceutical and food sectors is anticipated to further boost demand for high-purity oleic acid.

Drivers of the High-Purity Oleic Acid Market:

• Increase in Demand from the Food and Beverage Sector: The rising demand for food and beverages is a significant factor driving growth in the global high-purity oleic acid market. In these industries, high-purity oleic acid is essential for formulating and manufacturing various products. It is commonly used to create synthetic cheese and butter, which aligns with increasing consumer preferences for vegan food options. Oleic acid serves as an effective alternative to animal fats due to its odorless and tasteless properties. Additionally, it acts as a flavoring agent, with its stability helping to preserve flavor and extend product shelf life.

According to the U.S. Department of Agriculture, the global food industry has experienced notable growth. In 2023, India's total food industry output was valued at $400 billion, while the UK recorded retail food industry sales of $279 billion, with the food processing sector valued at $168 billion.

Geographical Outlook of the High-Purity Oleic Acid Market:

• Asia-Pacific Expected to Hold a Major Market Share: The Asia-Pacific region is projected to see significant growth in demand for high-purity oleic acid during the forecast period. This growth is primarily driven by increased production in the pharmaceutical and food & beverage sectors. Countries such as India, China, Japan, and South Korea are leading producers of pharmaceutical products that utilize high-purity oleic acid as emulsifiers and excipients. The rising production of food and beverages in this region will also contribute to market growth; oleic acid is frequently used in manufacturing synthetic butter and cheese as well as flavoring products like baked goods, ice cream, and sweets.

In summary, the high-purity oleic acid market is poised for substantial growth driven by rising demand from the food and beverage sector, increasing applications in various industries such as pharmaceuticals and cosmetics, and significant geographical developments - particularly within Asia-Pacific - that enhance this expanding market landscape.

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Report Coverage:

• Historical data & forecasts from 2022 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
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• Revenue Growth and Forecast Assessment of segments and regions including countries
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The high-purity oleic acid market has been segmented as following:

• By Purity
  • Below 90%
  • Above 90%
• By Application
  • Food and Beverage
  • Cosmetics and Personal Care
  • Pharmaceutical
  • Industrial
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Others