Chemical and Power Industry Trends

How is Increasing Health Consciousness Driving Lauric Acid Market?

These days, people are increasingly becoming conscious regarding their health and physical appearance. Due to increased social media penetration, the focus on aesthetic appearance has rise considerably. In addition to this, the disposable income of people across the globe has increased considerably since the past few years. Due to these factors, the demand for food products that are food for health and aid in weight loss is also on the rise. Moreover, the prevalence of chronic diseases, such as diabetes and heart problems, is also surging, which is further compelling people to opt for a healthier diet rather than foot products that lead to high cholesterol levels. 

Owing to this, the demand for lauric acid, which is a saturated fat that is found in different vegetable fats, primarily palm kernel and coconut oils, is growing as well. It has been observed that lauric acid is directly transported to the liver, where is converts into energy and metabolites instead of being stored as fat. Lauric acid has been observed to contribute the lease to fat accumulation among all the saturated fatty acids. Attributed to these factors, the global lauric acid market is expected to witness considerable growth in the near future.

Lauric acid is an inexpensive and non-toxic emulsifier, which further has longer shelf life. Attributed to this, it is widely being utilized in the production of detergents, soaps, and other personal care products. Moreover, the U.S. Food and Drug Administration has listed the acid as Generally Regarded as Safe for applications in the cosmetic and personal care industry. Other than this, lauric acid is also utilized for treating several viral infections, such as avian flu, influenza, and common cold. Because of this, the demand for lauric acid is also projected to increase in the pharmaceutical industry in the years to come.  

Geographically, the Asia-Pacific region is predicted to emerge as a major lauric acid market in the coming years, which is particularly because of the growing urban population, changing standards of living, and increasing per capita income. In addition to this, the growth of the end-use industries, including plastics & polymers, pharmaceuticals, textile, food & beverages, and cosmetic & personal care, is also driving the demand for lauric acid in the region. 

In conclusion, the growing cosmetic and personal care industry and rising focus towards healthy food items is leading to the increasing demand for lauric acid. 

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