North America Caprylic Acid Market Size & Outlook
The caprylic acid market in North America is expected to reach a projected revenue of US$ 1,299.5 million by 2030. A compound annual growth rate of -9.5% is expected of North America caprylic acid market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,930.5
Forecast, 2030 (US$M)
$1,299.5
CAGR, 2025 - 2030
-9.5%
Report Coverage
North America
North America caprylic acid market, 2018-2030 (US$M)
Related Markets
North America caprylic acid market highlights
- The North America caprylic acid market generated a revenue of USD 1,930.5 million in 2024.
- The market is expected to grow at a CAGR of -9.5% from 2025 to 2030.
- In terms of segment, personal care was the largest revenue generating application in 2024.
- Pharmaceutical is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 1,930.5 million |
| Market revenue in 2030 | USD 1,299.5 million |
| Growth rate | -9.5% (CAGR from 2025 to 2030) |
| Largest segment | Personal care |
| Fastest growing segment | Pharmaceutical |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Personal care, Pharmaceutical, Food & beverage |
| Key market players worldwide | Evergreen Chemical Solutions, KLK OLEO, Oleon, Wilmar International Ltd |
Other key industry trends
- In terms of revenue, North America region accounted for 37.4% 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 Scope
Caprylic acid market segmentation & scope
Caprylic Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America caprylic acid market size, by country, 2018-2030 (US$M)
North America Caprylic Acid Market Outlook Share, 2024 & 2030 (US$M)
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