Global Capric Acid Market to Reach Us$1.86 Bn by 2023, Up from Us$1.21 Bn in 2014

Transparency Market

Research

Capric Acid Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast 2015 - 2023

Published Date

11-09-2015

125 Page Report

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Press Release

Global Capric Acid Market Set to Expand at 5.0% CAGR from

2015 to 2023 due to Variety of Applications of Capric Acid

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Capric Acid Market

REPORT DESCRIPTION

The report is titled “Capric Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast

2015 - 2023.” The report provides information that helps a reader make clear, decisive decisions in the

global capric acid market, based on the important information provided in the report regarding the

challenges that new entrants face, the strategies used by leading companies in the capric acid market,

and also the present and future trends in the market.

Transparency Market Research (TMR) has announced the release of a new market study based on the

capric acid market. The report analyzes the drivers and restraints of the capric acid market, and the impact

of these on the demand for capric acid during the forecast period from 2015 to 2023. The report studies

the attractiveness of the capric acid market on the basis of factors such as growth rate and market size.

According to the report, the global capric acid market is expected to expand at a CAGR of 5.0% during

2015 to 2023, reaching a value of US$1.8 bn by the end of 2023.

Capric acid, also known as decanoic acid, is a saturated fatty acid. Capric acid has a wide range of

applications across various industries such as the food and beverages industry and the perfumes and

scents industry. Capric acid has antimicrobial properties, which make it useful in the aforementioned

industries, driving the global market for capric...