Saudi Arabia Oleyl Alcohol Market Size & Outlook
Saudi Arabia oleyl alcohol market, 2018-2030 (US$M)
Related Markets
Saudi Arabia oleyl alcohol market highlights
- The Saudi Arabia oleyl alcohol market generated a revenue of USD 11.2 million in 2023 and is expected to reach USD 13.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 2.3% from 2024 to 2030.
- In terms of segment, fish oil was the largest revenue generating source in 2023.
- Fish Oil is the most lucrative source segment registering the fastest growth during the forecast period.
Oleyl alcohol market data book summary
| Market revenue in 2023 | USD 11.2 million |
| Market revenue in 2030 | USD 13.1 million |
| Growth rate | 2.3% (CAGR from 2023 to 2030) |
| Largest segment | Fish oil |
| Fastest growing segment | Fish Oil |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beef Fat, Fish Oil, Olive Oil |
| Key market players worldwide | Akzo Nobel NV, EcoGroup, Procter & Gamble Co, Croda International PLC, Stepan Co, Sasol Ltd, The Lubrizol Corp, Henkel AG & Co KGaA, Ashland Inc |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.1% of the global oleyl alcohol market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia oleyl alcohol market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 13.1 million by 2030.
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Oleyl Alcohol Market Scope
Oleyl Alcohol Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia oleyl alcohol 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 oleyl alcohol market will help companies and investors design strategic landscapes.
Fish oil was the largest segment with a revenue share of 27.68% in 2023. Horizon Databook has segmented the Saudi Arabia oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing awareness among the population regarding personal hygiene, skincare, and cosmetic products is the major driving factor for the growth of the oleyl alcohol market. This increasing awareness is being witnesses in consumers of all age groups, thus allowing market players to tap into the region in order to expand their presence Saudi Arabia and the Middle East.
For instance, in January 2023, an Indian skincare brand, Happier Skincare, is set to launch in the Middle East, focusing on Saudi Arabia and the U.A.E. The brand plans to pursue e-commerce expansion in the region to tap into the Middle Eastern market through geographical expansion.
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Our clientele includes a mix of oleyl alcohol market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia oleyl alcohol market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia oleyl alcohol market size, by source, 2018-2030 (US$M)
Saudi Arabia Oleyl Alcohol Market Outlook Share, 2023 & 2030 (US$M)
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