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Growing Treatment For Skin Problems Driving the Growth Of Caprylic Acid Market
BriefingWire.com, 4/04/2021 - Caprylic Acid Market is forecast to reach $5.1 billion by 2025, after growing at a CAGR of 6.2% during 2020-2025. Caprylic acid is a medium-chain Fatty acid that is found in palm oil, coconut oil, and the milk of humans and bovines. Coconut oil also has medicinal uses, so with the increase in use of Coconut oil, the caprylic acid market is expected to grow. Growing public interest coconut oil & palm oil products will further enhance the overall market demand for Caprylic Acid during the forecast period.
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