The global tallow fatty acid market size is projected to expand at a prolific rate owing to the wide-ranging benefits and applications of these fatty acids, states Fortune Business Insights™ in its report, Tallow is a rendered variant of mutton or beef fat and the fatty acids derived from it are primarily made up of triglycerides. These derivatives are known to have potential benefits for skin health, body fat, and the immune system. For example, the percentage of saturated fatty acids in tallow is roughly similar to the structure of human cell membranes. As a result, applying tallow fatty acids topically on the skin can aid skin repair and regeneration. Tallow can also help burn excessive fat in the body as it contains conjugated linoleic acid, according to a study published in the American Journal of Clinical Nutrition. Further, tallow fatty acid is utilized to make soaps as it hardens and lathers extremely well. Thus, the extensive applications of tallow-based fatty acids will play a key role in boosting the prospects of this market.
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Potential Advantages of Tallow for Chronic Diseases May Stoke Adoption
A leading factor fueling the tallow fatty acid market growth is the prospective advantages offered by this class of fatty acid to patients suffering from chronic diseases such as cancer and cardiovascular diseases. For example, fatty acids derived from beef tallow are rich in conjugated linoleic acid (CLA), which can improve heart health. For example, studies evaluated by the American Heart Association (AHA) in 2018 showed that high CLA percentage reduces the risk of heart failure and cardiovascular diseases. In case of cancer, CLA-rich products extracted from animals can prove to be effective. In 2018, for instance, a report published by the World Cancer Research Fund and the American Institute for Cancer Research revealed that milk products infused with CLA can lower the risk of premenopausal breast cancer due to the anti-carcinogenic properties of CLA. With the prevalence of cancer and cardiovascular diseases increasing at an exponential rate worldwide, the intake of tallow fatty acids is likely to spike in the foreseeable future.
North America to Dictate Market Share Supported by High Demand for Plastics
North America is expected to dominate the tallow fatty acid market share in the forthcoming years owing to the rising demand for plastics from the region’s well-established automotive and electronics industries. In addition, regulatory support to innovative solutions in the region will further bolster the market.
The market in Asia Pacific is set to experience highly lucrative prospects on account of the rapidly increasing demand for soaps and detergents in the developing economies of India and China. Furthermore, speedy expansion of urban areas and the growing prevalence of cancer and heart diseases in Asia Pacific will also generate unprecedented demand for efficient nutrients.
Strategic Investments & Partnerships to Characterize Market Competition
The competitive landscape of this market is characterized by the predominance of chemical industry giants, who are constantly investing in new technologies and other companies. These investments, along with collaborations, with other competitors are allowing companies to diversify their portfolios and expand their market presence.
April 2019: Vantage Specialty Chemicals, part of H.I.G. Capital, announced the acquisition of Textron Plimon Natural Oils Business to gain greater ground in the personal care industry. Based in Spain, Textron is a major manufacturer of natural oils for the chemical, food, and personal care industries.
June 2018: Acme-Hardesty inked a distribution agreement with Botaneco, a leading company in the personal care industry. Under the agreement, Acme-Hardesty will be Botaneco’s channel partner for the personal care market in the Midwest, Southeast, and the East Coast.
List of Key Players Covered in the Tallow Fatty Acid Market Report:
H Foster & Co. Ltd.
Vantage Oleochemicals, Inc.
Twin Rivers Technologies
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