North America Fatty Acids Market is expected to grow with the CAGR of 5.3% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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North America fatty acids market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in North America fatty acids market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in October 2019, Epax invested USD 35 million over the span of the next two years, in Omega-3 innovation, to upgrade its facility and capacity in response to consumer demand.
Twin River Technologies is the dominating player in North America fatty acids market are Cargill, Incorporated, Kraton Corporation, Ashland, Corbion, Eastman Chemical Company, BASF SE, Golden Omega SA, Omega Protein Corporation, DSM, EPAX, Brenntag AG, Croda International Plc, among others.
Twin River Technologies, is headquartered in Massachusetts, U.S., founded in 1994. The company focuses on oleochemical manufacturing and suppling on fractional distillation, crystallization, partial and complete hydrogenation capabilities to manufacture and supply the product line that includes over 80 different types of fatty acids. The company wide range of product categories such as, oleochemical products, glycerin products, kosher fatty acids, halal fatty acids, rspo mass balance products among which oleochemical products, glycerin products, kosher fatty acids, halal fatty acids are the market focused categories.
- In December 2019, Twin Rivers Technologies underwent the annual Halal Re-certification Audit by the Halal Advisory Group. The audit ensures that our products, processes and facility are in compliance with the requirements of the Group.
The company has presence in Asia, Middle East, North America and Europe.
VVF L.L.C.
VVF L.L.C. is headquartered in Kansas, U.S., which was established in 1939. The company focuses on manufacturing and distributing personal care products and oleo chemicals and on providing quality products and chemicals along with delivering superior value to the customers. The company offers wide range of product in fatty acids. The company deals in emulsifying waxes, glycerin, fatty acids, fatty alcohols, glycerin, soap pellets, among which fatty acids is the market focused category.
- In March 2016, the company attended Palm Oil Conference, in Malaysia, where the sustainable methods for supply chain and new technologies to make practices more sustainable were discussed.
The company has a presence in North America, Europe and Middle East.
CARGILL, INCORPORATED
Cargill, Incorporated is headquartered in Minneapolis, U.S., which was founded in year 1987. The company focuses on bringing food, agricultural, financial and industrial products to people. The company offers various product categories such as agriculture, animal nutrition, beauty, bioindustrial, foodservice, food & beverage, industrial, pharmaceutical, meat & poultry, transportation, risk management among which bioindustrial is the focused category.
- In February 2019, Cargill, Incorporated, had launched new palm oil shortening, PalmAgility, giving bakers a smoother, creamier, product with more temperature bearing option. “PalmAgility’s virtue is that it is a single solution that helps address multiple bakery performance needs.” said John Satumba, R&D director for Cargill’s global edible oils business in North America.
The company has presence in North America, Latin America, Europe, Middle East and Africa, Asia-Pacific.