Id: CBI_2629 | Pages: 341 | Format : PDF | Published : | Author : Consegic Business Intelligence | Category : Materials And Chemicals
The lauric acid market size is growing with a CAGR of 9.0% during the forecast period (2025-2032), and the market is projected to be valued at USD 1.21 Billion by 2032 from USD 0.61 Billion in 2024. Additionally, the market value for the 2025 attributes to USD 0.66 Billion.
Lauric acid is saturated medium-chain fatty acid with the chemical formula C12H24O2. It is primarily found in coconut oil, palm kernel oil, and dairy products. It is a white crystalline solid with good thermal stability and chemical solubility.It is available in both low purity (<98%) and high purity (≥98%) forms. It offers advantages such as biodegradability, antimicrobial activity along with emulsifying properties. Due to these advantages, it is used in various end-use sector such as cosmetics & personal care, food & beverages, pharmaceuticals, textiles, and others. This acid is distributed through direct and indirect sales channels to soap manufacturers, cosmetic companies, and food processing units.
In the beauty sector also known as cosmetic and personal care sector, lauric acid is used in lotions and creams due to its moisturizing and skin softening properties. It is also used in the production of soaps and shampoos amongst others. The beauty sector is growing supported by increasing disposable incomes, high youth population and rising beauty consciousness driving the market growth.
Hence, growing demand from the beauty sector is leading to lauric acid market expansion.
Lauric acid is utilized in the food and beverages sector as a food additive and preservative in dairy products. It is also used to maintain dough consistency and moisture retention in bakery products. The consumption of food and beverages is increasing due to the rising global population and increasing awareness of nutrition further driving market growth.
Thus, rising adoption in the food & beverages sector is creating lauric acid market demand.
The commercialization of alternatives such as myristic acid and stearic acid is growing. They provide similar functions to that of lauric acid. The myristic acid is widely used in soap manufacturing, textiles and detergents due to its lower production costs and greater availability. Furthermore, stearic acid is preferred in detergent manufacturing due to better thickening and stabilizing properties, further reducing reliance on Lauric acid. Additionally, synthetic surfactants such as sodium lauryl sulfate and sodium laureth sulfate are few of the other alternatives that offer cost-effectiveness in cosmetics and personal care products. Hence, the growing commercialization of alternatives is constraining the market growth.
In the textile sector, lauric acid is used as a lubricant & processing agent in textile manufacturing. It is also utilized in textile scouring, dyeing, and finishing processes due to its wetting and dispersing properties. This acid is also used in printing process, ensuring even color absorption in fabrics. The textile sector is expanding due to growing urbanization, technological advancements and government support.
Hence, expanding the textile sector is expected to create lauric acid market opportunities.
Based on purity, the market is categorized into low purity (<98%) and high purity (≥98%).
Trends in Purity
The low purity (<98%) segment accounted for the largest market share in the year 2024.
The high purity (≥98%) segment is expected to grow at the fastest CAGR over the forecast period.
Based on end-use, the market is categorized into cosmetics & personal care, food & beverages, pharmaceuticals, textiles, and others.
Trends in End-Use
The cosmetics & personal care segment accounted for the largest market share of 37.89% in the year 2024.
The textiles segment is expected to grow at the fastest CAGR over the forecast period.
Trends in Sales Channel
The direct sales segment accounted for the largest market share in the year 2024.
The indirect sales segment is expected to grow at the fastest CAGR over the forecast period.
The regions covered are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
In 2024, Asia Pacific accounted for the highest market share at 42.11% and was valued at USD 0.26 Billion and is expected to reach USD 0.47 Billion in 2032. In Asia-Pacific, the China accounted for the highest market share of 33.71% during the base year of 2024. As per analysis, Asia Pacific region holds a dominant position in the market due to expanding the cosmetics & personal care sector. Lauric acid is used in sulphate-free and premium skin care products such as facewash and cleansers due to its gentle cleansing properties. It also supports hair growth and nourishments though its antifungal and natural moisturizing properties. Moreover, companies in the region are investing in premium skincare products further driving the market.
Therefore, the Asia Pacific region is dominating in the market, supported by expanding the cosmetics & personal care sector as per analysis.
Europe is expected to witness the fastest CAGR of 11.1% over the forecast period of 2025-2032. According to lauric acid market analysis, Europe region is growing considerably in the market driven by expanding pharmaceutical industry. Lauric acid is used in formulation of liquid-based drug carriers to improve biocompatibility. It is also used in the capsules and tablets as a binder and coating agent. Additionally, the investment in the pharmaceutical sector is also growing further, boosting market growth across the region. Hence, the lauric acid market share of Europe is expected to emerge rapidly through expanding the pharmaceutical sector as per analysis.
According to lauric acid market analysis, the North America region is growing rapidly driven by advancements in technology. Advanced molecular distillation and functional crystallization have enhanced the purity of the product. Countries such as United States leads the market due to innovations in automation and artificial intelligence driven process control. The key players in this region are optimizing production and ensuring high quality acid for various applications such as detergent and fabric softener in turn driving market growth in this region.
The Middle East & Africa region is experiencing moderate proliferation in the market, driven by the food & beverages care sector. In this sector, lauric acid is used to improve creaminess and mouthfeel in chocolates and confectionaries. It is also used in low-fat and plant-based formulations to support nutrition and health. The consumers in the region are focusing on plant-based food, further driving lauric acid market expansion.
As per market analysis, Latin America is growing steadily in the market driven by expanding textile sector. Lauric acid is used in industrial textile washing to remove grease and oils. It is also utilized as a softening and anti-static agent in fiber processing to reduce friction and improve fabric texture. Countries such as Brazil and Argentina are few of the leading countries in the market supported by expanding textile manufacturing plants.
The lauric acid industry is highly competitive with major players providing products to the national and international markets. Key players are adopting several strategies in research and development (R&D) and product innovation to hold a strong position in the global lauric acid market. Key players in the lauric acid industry include-
Product Launch:
Report Attributes | Report Details |
Study Timeline | 2019-2032 |
Market Size in 2032 | USD 1.21 Billion |
CAGR (2025-2032) | 9.0% |
By Purity |
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By End-Use |
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By Sales Channel |
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By Region |
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Key Players |
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North America | U.S. Canada Mexico |
Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
Middle East and Africa | GCC Turkey South Africa Rest of MEA |
LATAM | Brazil Argentina Chile Rest of LATAM |
Report Coverage |
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In 2024, the lauric acid market is USD 0.61 Billion.
Europe is the fastest-growing region in the lauric acid market.
Purity, End-Use and Sales Channel are covered in the lauric acid market.
Kao Corporation (Japan), Wilmar International (Singapore), and Acme-Hardesty (United States) are some of the major players in the market.