Market revenue in 2023 | USD 37.0 million |
Market revenue in 2030 | USD 51.6 million |
Growth rate | 4.9% (CAGR from 2023 to 2030) |
Largest segment | Fish oil |
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.
Fish oil was the largest segment with a revenue share of 32.7% in 2023. Horizon Databook has segmented the UK oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
The UK has flourishing food & beverage and pharmaceutical industries, which act as the major consumers of oleyl alcohol in the country. Food industry uses oleyl alcohol for emulsification purposes in food items. According to The Food and Drink Federation (The FDF), food & beverage forms the largest manufacturing sector in the UK with exports reaching USD 27.5 billion in 2022.
UK has 12,460 food & drink manufacturing businesses with a total investment of USD 3.4 billion, which enables the sector to become a major consumer of oleyl alcohol in the manufacture of processed foods. Pharmaceutical industry in the UK is another major driver for the oleyl alcohol market in the country.
The growth of research & development activities in the local pharmaceutical sector has increased the scope for the usage of oleyl alcohol in the production of pharmaceutical products. For instance, in September 2023, Reef Group and UBS Asset Management got the approval to establish an extensive life science campus in Hertfordshire.
Horizon Databook provides a detailed overview of country-level data and insights on the UK oleyl alcohol market , including forecasts for subscribers. This country databook contains high-level insights into UK oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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