Caprylic Acid Market - Global Industry Analysis, Size, Share, Trends and Forecast 2015 – 2023

Caprylic acid is one of the major medium chain triglycerides (MCT), chemically known as octanoic acid. It is a saturated fatty acid containing eight carbon atoms. Caprylic acid occurs naturally in the milk of different mammals. It is also found as one of the components of coconut and palm kernel oils. Caprylic acid has potential antimicrobial activity to inhibit the growth of a broad range of microbes such as bacteria, fungi, and algae. It acts as an active fungicide by preventing the infection of Candidafungi, commonly known as Candidacells. Caprylic acid also functions to activate ghrelin, a protein that stimulates hunger and increases appetite. It oxidizes the fat component in the body, enabling burning of excess calories, and aiding in weight loss.

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Caprylic acid has extensive commercial applications as an antimicrobial pesticide, fragrance-enhancing component, and fat-reducing agent. It is used to prepare esters used in perfumes, artificial flavorings, and dyes. Due to its antimicrobial activity it is applied as a food contact surface sanitizer in equipment used in wineries, breweries, dairies, and other food and beverage processing plants. It is used as a dietary supplement to initiate the fat burning process. It prevents fungal infections caused by yeast and bacteria in stomach and hence recommended for use in alternative medicines. Additionally it has uses in the manufacture of lubricants and grease. It acts in metal working fluids to solubilize mineral oil.

Caprylic acid has potential applications in a broad range of end-user industries. These include personal care or cosmetics (perfume, fragrance, and sanitizer); food and beverage; pharmaceuticals; and rubber and plastic (lubricant and grease). Such wide commercial application builds a prospective market for caprylic acid. North America holds the major share of the market. Weight loss campaigns and...