Global Palm Kernel Oil and Coconut Oil-Based Natural Fatty Acids Market Size, Share, Growth Analysis Report - Forecast 2034

Palm Kernel Oil and Coconut Oil-Based Natural Fatty Acids Market: Industry Perspective

The global palm kernel oil and coconut oil-based natural fatty acids market size was worth around USD 7.16 Billion in 2024 and is predicted to grow to around USD 11.46 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 4.5% between 2025 and 2034.

The report analyzes the global palm kernel oil and coconut oil-based natural fatty acids market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the p

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Palm Kernel Oil and Coconut Oil-Based Natural Fatty Acids Market: Overview

An increase in the demand for detergents globally has prompted humungous demand for palm kernel oil and coconut oil-based natural fatty acids. Moreover, natural fatty acids derived from palm kernel oil & coconut oil are highly saturated and possess oleochemicals comprising lauric acid, myristic acid, caprylic acid, and capric acid. Furthermore, easy access to products in various countries across the globe has resulted in it is cost-effectiveness, thereby culminating in its massive demand globally. The product also helps in improving the health of individuals as well as patients and this has further enhanced its use and popularity across the globe.

Key Insights

• As per the analysis shared by our research analyst, the global palm kernel oil and coconut oil-based natural fatty acids market is estimated to grow annually at a CAGR of around 4.5% over the forecast period (2025-2034).
• Regarding revenue, the global palm kernel oil and coconut oil-based natural fatty acids market size was valued at around USD 7.16 Billion in 2024 and is projected to reach USD 11.46 Billion by 2034.
• The palm kernel oil and coconut oil-based natural fatty acids market is projected to grow at a significant rate due to demand in personal care, food processing, and industrial applications, along with the trend toward natural and sustainable raw materials.
• Based on Application, the Personal Care Products segment is expected to lead the global market.
• On the basis of Type, the Fatty Acids segment is growing at a high rate and will continue to dominate the global market.
• Based on the Source, the Palm Kernel Oil segment is projected to swipe the largest market share.
• By End Use, the Household segment is expected to dominate the global market.
• Based on region, Asia-Pacific is predicted to dominate the global market during the forecast period.

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Palm Kernel Oil and Coconut Oil-Based Natural Fatty Acids Market: Growth Factors

Massive product use in personal care & cosmetic items to boost the global market trends

Natural fatty acids extracted from palm kernel oil and coconut oil are renewable and bio-degradable, thereby steering the expansion of the global palm kernel oil and coconut-based natural fatty acids market. Large-scale use of stearic fatty acids, polyunsaturated acids, distilled fatty acids, and stearic acids will drive the global market trends. Escalating the use of personal care & cosmetic products along with the thriving fashion sector globally will create a strong platform & lay a robust foundation for the growth of the market across the globe. Surging preference for bio-based and eco-friendly products in the personal care sector will embellish the growth of the global market. The rising use of herbal items has favorably leveraged the global market surge.

There is an increasing awareness among the people about the advantages offered by personal care items and cosmetics products produced from natural ingredients. This, in turn, will sketch a profitable roadmap for the global market. New product launches and their accreditations are likely to change the phase of the global market surge in the coming years. For instance, in March 2023, KTC Edibles Limited, a key UK-based firm manufacturing and distributing edible oils, acquired an accreditation for its product referred to as Hard Palm Kernel Oil. Reportedly, the product is officially certified as RSPO sustainable segregated.

Palm Kernel Oil and Coconut Oil-Based Natural Fatty Acids Market: Restraints

Fluctuating raw material prices can create hurdles in the growth of the industry globally over 2025-2034

Oscillation in the raw material costs and dynamic pricing can adversely impact the expansion of the global palm kernel oil and coconut oil-based natural fatty acids industry in the upcoming years.  

Palm Kernel Oil and Coconut Oil-Based Natural Fatty Acids Market: Opportunities

Beneficial product features to open new growth avenues for the global market over the forecasting years 

With the product having an elongated shelf life and non-toxic effects along with its use in a slew of end-use sectors such as rubber, plastics, personal care, and detergents, the global palm kernel oil and coconut oil based natural fatty acids market is likely to witness a remarkable growth in the near future.

Palm Kernel Oil and Coconut Oil-Based Natural Fatty Acids Market: Challenges

Supply chain disruptions & fluctuating import & export goods charges can be a big challenge for the global industry

Disruptions in supply chain activities and an increase in the import & export duties of the product will prove to be a big challenge for the global palm kernel oil and coconut oil-based natural fatty acids industry.     

Palm Kernel Oil and Coconut Oil-Based Natural Fatty Acids Market: Segmentation

The global palm kernel oil and coconut oil-based natural fatty acids market is segmented based on Application, Type, Source, End Use, and region.

Based on Application, the global palm kernel oil and coconut oil-based natural fatty acids market is divided into Personal Care Products, Food and Beverages, Pharmaceuticals, Animal Feed, Industrial Applications.

On the basis of Type, the global palm kernel oil and coconut oil-based natural fatty acids market is bifurcated into Fatty Acids, Fatty Alcohols, Glycerin, Soap, Surfactants.

By Source, the global palm kernel oil and coconut oil-based natural fatty acids market is split into Palm Kernel Oil, Coconut Oil.

In terms of End Use, the global palm kernel oil and coconut oil-based natural fatty acids market is categorized into Household, Commercial, Industrial.

Palm Kernel Oil and Coconut Oil-Based Natural Fatty Acids Market: Report Scope

Palm Kernel Oil and Coconut Oil-Based Natural Fatty Acids Market: Regional Analysis

Asia-Pacific is predicted to maintain its dominant position in market

Asia-Pacific, which accounted for nearly 61% of the global palm kernel oil and coconut oil-based natural fatty acids market revenue in 2022, will be a leading region over the prognosis timeframe. In addition to this, the regional market surge over the coming eight years can be ascribed to the thriving oleochemical sector in the region. Furthermore, the presence of key manufacturers in countries such as India and China will embellish the regional market trends. Apart from this, the easy availability of arable land for cultivating the product along with the presence of small and big vendors in the region will proliferate the regional market size.

European palm kernel oil and coconut oil-based natural fatty acids industry is set to record the fastest CAGR in the years ahead subject to rising demand for personal care items in countries such as France, the UK, Switzerland, and Italy. Apart from this, growing product demand in the personal care sector in these countries will contribute majorly towards the industry earnings of the continent.  

Palm Kernel Oil and Coconut Oil-Based Natural Fatty Acids Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the palm kernel oil and coconut oil-based natural fatty acids market on a global and regional basis.

The global palm kernel oil and coconut oil-based natural fatty acids market is dominated by players like:

• Emery Oleochemicals Group
• KLK Oleo
• Pacific Oleochemicals Sdn. Bhd.
• United Coconut Chemicals Inc.
• Wilmar International Ltd.
• Univar USA Inc.
• Musim Mas Group
• Vantage Specialty Chemicals Inc.
• Procter & Gamble Company
• Twin Rivers Technologies Inc.
• Oleon NV
• VVF LLC
• Kao Corporation
• and others.

The global palm kernel oil and coconut oil-based natural fatty acids market is segmented as follows;

By Application

• Personal Care Products
• Food and Beverages
• Pharmaceuticals
• Animal Feed
• Industrial Applications

By Type

• Fatty Acids
• Fatty Alcohols
• Glycerin
• Soap
• Surfactants

By Source

• Palm Kernel Oil
• Coconut Oil

By End Use

• Household
• Commercial
• Industrial

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America