Global Caprylyl Glycol Market Size & Outlook, 2023-2030
Global caprylyl glycol market, 2018-2030 (US$M)
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Global caprylyl glycol market highlights
- The global caprylyl glycol market generated a revenue of USD 1,568.9 million in 2023 and is expected to reach USD 2,422.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.4% by 2030.
- In terms of segment, personal care & cosmetics accounted for a revenue of USD 1,121.0 million in 2023.
- Chemical Intermediates is the most lucrative end-use segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,568.9 million |
| Market revenue in 2030 | USD 2,422.2 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Personal care & cosmetics |
| Fastest growing segment | Chemical Intermediates |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Personal Care & Cosmetics, Chemical Intermediates, Other End-Use |
Other key industry trends
- In terms of revenue, the North America accounted for 38.3% of the global caprylyl glycol market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 41.9 million by 2030.
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Caprylyl Glycol Market Scope
Caprylyl Glycol Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global caprylyl glycol market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to caprylyl glycol market will help companies and investors design strategic landscapes.
Personal care & cosmetics was the largest segment with a revenue share of 71.45% in 2023. Horizon Databook has segmented the Global caprylyl glycol market based on personal care & cosmetics, chemical intermediates, other end-use covering the revenue growth of each sub-segment from 2018 to 2030.
The global demand for convenience food products such as bakery & confectionery, sauces & dressings, ready meals, ready-to-drink (RTD) beverages, and sports & energy beverages, has been rapidly increasing for the past several years.
Inconvenient food products, botanical ingredients are commonly added to impart fragrance, flavor, and nutritional properties. Botanical ingredients offer a concentrated taste and longer shelf life; thus, convenience food & beverage manufacturers prefer botanical ingredients in the form of extracts or concentrates rather than fresh botanicals.
Functional foods are enriched with nutritional ingredients including vitamins, minerals, prebiotics, probiotics, amino acids, and fatty acids, to provide a positive effect on human health beyond the intake of essential nutrition. These products are used in the form of confectionery, candies, dairy products, baked foods, energy drinks, and milkshakes.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global caprylyl glycol market , including forecasts for subscribers. This global databook contains high-level insights into Global caprylyl glycol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global caprylyl glycol market size, by regions, 2018-2030 (US$M)
Top 10 countries: Caprylyl glycol market size, 2023 (US$M)
Global caprylyl glycol market share, by end-use, 2023 & 2030 (%, US$M)
Caprylyl glycol market: Opportunity assessment by country
Global caprylyl glycol market, by region, 2023 (US$M)
Related regional statistics
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