Global Oleic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Plant-based, and Animal-based Sources.

By Grade;

Food, Pharmaceutical, and Technical.

By Application;

Food & Beverages, Textiles & Leather, Cosmetics & Personal Care, Pharmaceuticals, Chemical Intermediates, Automotive, and Paints & Coatings.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn896541129 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Oleic Acid Market (USD Million), 2021 - 2031

In the year 2024, the Global Oleic Acid Market was valued at USD 508.96 million. The size of this market is expected to increase to USD 651.93 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.

The global oleic acid market is experiencing significant growth driven by its versatile applications across various industries. Oleic acid, a monounsaturated omega-9 fatty acid, is primarily derived from natural sources such as animal fats, vegetable oils (like olive oil and sunflower oil), and synthetic processes. Its chemical structure and properties make it valuable in industries ranging from cosmetics and personal care to pharmaceuticals, food, and lubricants.

In the cosmetics sector, oleic acid serves as a key ingredient in skincare products due to its emollient properties, helping to moisturize and condition the skin. It is also used in hair care products for its softening and smoothing effects. Pharmaceutical applications include its use as an excipient in drug formulations and as a component in topical treatments.

Food applications of oleic acid include its use as a flavor enhancer and preservative in processed foods. It is also utilized in food additives, such as emulsifiers and stabilizers, contributing to texture and taste profiles. Additionally, oleic acid finds extensive use in the industrial sector, particularly in lubricants and metalworking fluids, where its lubricating properties help reduce friction and wear.

The global oleic acid market is witnessing further expansion driven by innovations in biotechnology and increasing consumer demand for natural and sustainable products. These factors, coupled with the growing awareness of oleic acid's health benefits, are expected to fuel market growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Grade
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Oleic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand from cosmetics and personal care industries
        2. Increasing use in pharmaceutical applications
        3. Rising adoption in food and beverage sector
      2. Restraints
        1. Fluctuating prices of raw materials
        2. Regulatory challenges related to purity standards
        3. Competition from alternative fatty acids
      3. Opportunities
        1. Expanding applications in bioplastics and lubricants
        2. Emerging markets in Asia-Pacific and Latin America
        3. Innovations in sustainable sourcing and production methods
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Global Oleic Acid Market, By Product Type, 2021 - 2031 (USD Million)
      1. Plant-based
      2. Animal-based Sources
    2. Global Oleic Acid Market, By Grade, 2021 - 2031 (USD Million)
      1. Food
      2. Pharmaceutical
      3. Technical
    3. Global Oleic Acid Market, By Application, 2021 - 2031 (USD Million)
      1. Food & Beverages
      2. Textiles & Leather
      3. Cosmetics & Personal Care
      4. Pharmaceuticals
      5. Chemical Intermediates
      6. Automotive
      7. Paints & Coatings
    4. Global Oleic Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Eastman Chemical Company
      2. Berg + Schmidt GmbH & Co. KG
      3. Croda International Plc
      4. Godrej Industries (Chemicals)
      5. VVF L.L.C
      6. Klk Oleo Sdn. Bhd.
      7. Univar Solutions Inc.
      8. Emery Oleochemicals (M) Sdn Bhd
      9. Wilmar International Limited
      10. Oleon NV
  7. Analyst Views
  8. Future Outlook of the Market