Market revenue in 2023 | USD 22.9 million |
Market revenue in 2030 | USD 29.2 million |
Growth rate | 3.5% (CAGR from 2023 to 2030) |
Largest segment | Beef fat |
Fastest growing segment | Olive 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 |
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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.
Beef fat was the largest segment with a revenue share of 33.19% in 2023. Horizon Databook has segmented the Switzerland oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
The oleyl alcohol market in Switzerland is driven by its pharmaceutical industry, which is the largest industry in terms of GDP in Switzerland. Pharmaceutical industry accounts for over a third of Switzerland’s total exports in 2023 and has overgrown over the years, especially in the drug and vaccine formulation sectors.
It invested USD 9.05 billion in pharmaceutical research & development in 2021, and the production in the same year stood at USD 65.80 billion worth of pharmaceutical products. The continued growth of the pharmaceutical industry is expected to remain a significant driver for oleyl alcohol consumption in Switzerland.
The local cosmetic companies in Switzerland are adopting the strategy of upscaling their production and expanding the exports of their products in other parts of the world like South and Southeast Asia. For instance, in April 2023, NUME-Lab announced its expansion plans in Malaysia, Singapore, and Hong Kong.
Horizon Databook provides a detailed overview of country-level data and insights on the Switzerland oleyl alcohol market , including forecasts for subscribers. This country databook contains high-level insights into Switzerland oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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