The global capric acid market to grow at a CAGR of 6.85% during the period 2017-2021.
Global Capric Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. To calculate the market size, the report considers the revenue generated from the retail sales of haircare products to individual consumers and salons.
One trend in market is growing investments in flavor and fragrance market. One of the main factors of the growth of the global flavors and fragrances market is the increasing investments by vendors in the market to increase their production capabilities and to expand their distribution networks to reach more consumers. Vendors are also investing in the market to gain access to more untapped markets, which offer them many chances to grow. In 2015, Parag Milk Foods in India announced its plans to invest $60-$75 million in expanding its production capabilities and to expand its operation to the North and Northeast India. Amul plans to invest close to $744 million in three years to set up 10 new plants to increase its production capabilities. The company plans to increase its milk processing capabilities by 9 million liters during the forecast period.
According to the report, one driver in market is growing awareness of grooming and personal hygiene. Improved economic conditions worldwide, expanding population in developing countries, growing aging population, increased disposable incomes, growing preference for healthier lifestyles, and an increase in the use of organic natural products are the major drivers for the growth of the global capric acid market. Skin care items, hair care items, and perfumes are expected to witness the highest demand due to the growing awareness of personal hygiene and grooming.
- Ecogreen Oleochemicals
- Henan Eastar Chemicals
- Temix Oleo
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user industries
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/ggpk7v/global_capric
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