Middle East & Africa Caprylic Acid Market Size & Outlook

The caprylic acid market in Middle East & Africa is expected to reach a projected revenue of US$ 250.1 million by 2030. A compound annual growth rate of 7.9% is expected of Middle East & Africa caprylic acid market from 2025 to 2030.
Revenue, 2024 (US$M)
$158.8
Forecast, 2030 (US$M)
$250.1
CAGR, 2025 - 2030
7.9%
Report Coverage
Middle East & Africa

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Middle East & Africa caprylic acid market, 2018-2030 (US$M)

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MEA caprylic acid market highlights

  • The MEA caprylic acid market generated a revenue of USD 158.8 million in 2024.
  • The market is expected to grow at a CAGR of 7.9% from 2025 to 2030.
  • In terms of segment, food & beverage was the largest revenue generating application in 2024.
  • Food & beverage is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.

MEA data book summary

Market revenue in 2024USD 158.8 million
Market revenue in 2030USD 250.1 million
Growth rate7.9% (CAGR from 2025 to 2030)
Largest segmentFood & beverage
Fastest growing segmentFood & beverage
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPersonal care, Pharmaceutical, Food & beverage
Key market players worldwideEvergreen Chemical Solutions, KLK OLEO, Oleon, Wilmar International Ltd

Other key industry trends

  • In terms of revenue, MEA region accounted for 3.1% of the global caprylic acid market in 2024.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,569.9 million by 2030.

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Caprylic Acid Market Companies

Name Profile # Employees HQ Website
VVF View profile 1001-5000 Clermont-ferrand, Auvergne, France, Europe https://www.vvf.fr
Ecogreen Oleochemicals View profile 1001-5000 Singapore, Central Region, Singapore, Asia https://www.ecogreenoleo.com/
The Procter & Gamble (P&G) View profile - - -
temix Oleo View profile 101-250 Milano, Lombardia, Italy, Europe https://www.temixoleo.com
Musim Mas Group View profile 10001+ Singapore, Central Region, Singapore, Asia http://www.musimmas.com/
KLK OLEO View profile 101-250 Petaling Jaya, Selangor, Malaysia, Asia https://www.klkoleo.com
Evergreen Chemical Solutions View profile 1-10 Spring, Texas, United States, North America https://www.evergreenchems.com
Oleon View profile 501-1000 Ertvelde, Oost-Vlaanderen, Belgium, Europe https://www.oleon.com/
Emery Oleochemicals View profile 1001-5000 Telok Panglima Garang, Selangor, Malaysia, Asia http://www.emeryoleo.com
Wilmar International Ltd View profile 100000 28 Biopolis Road, Wilmar International, Singapore, Singapore, 138568 https://www.wilmar-international.com

MEA caprylic acid market size, by country, 2018-2030 (US$M)

Middle East & Africa Caprylic Acid Market Outlook Share, 2024 & 2030 (US$M)

MEA caprylic acid market size, by country, 2018-2030 (US$M)

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