The Global Plant Oleic Acid Market was valued at USD 234.5 million in 2024 and is projected to reach USD 312.7 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period (2024-2030). This expansion reflects increasing demand for plant-based ingredients across cosmetics, food products, pharmaceuticals, and industrial applications as industries prioritize sustainable alternatives.
As market dynamics shift toward bio-based solutions, oleochemical producers are innovating in fatty acid production and responsible sourcing. Below we analyze the Top 10 Companies in the Plant Oleic Acid Market – established leaders advancing technical capabilities while addressing environmental considerations.
10. Godrej Industries
Headquarters: Mumbai, India
Key Offering: Technical-grade oleic acid from multiple vegetable sources
Godrej Industries operates one of Asia’s most extensive oleochemical production networks, specializing in plant-derived fatty acids for industrial clients. Their integrated supply chain controls quality from raw material procurement through final distribution.
Sustainability Initiatives:
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100% RSPO-certified palm oil procurement since 2022
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Advanced distillation technologies reducing energy consumption by 18%
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Zero liquid discharge manufacturing processes
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9. Kao Corporation
Headquarters: Tokyo, Japan
Key Offering: Cosmetic-grade oleic acid formulations
Kao combines chemical expertise with personal care product development, creating specialty oleic acid products tailored for premium skincare formulations. Their purification technologies enable 99.9% purity levels for sensitive applications.
Sustainability Initiatives:
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Full traceability for all plant-derived ingredients
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100% renewable energy-powered European facilities
8. Oleon NV
Headquarters: Ertvelde, Belgium
Key Offering: European-sourced oleic acid derivatives
As a subsidiary of the Avril Group, Oleon leverages European rapeseed and sunflower crops to produce consistent-quality oleic acid variants. The company specializes in modifying iodine values for specific industrial requirements.
Sustainability Initiatives:
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First commercial producer of hydrotreated vegetable oil (HVO) in Europe
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Member of the European Sustainable Palm Oil Coalition
7. IOI Oleochemicals
Headquarters: Kuala Lumpur, Malaysia
Key Offering: Palm-based high-oleic fractions
IOI’s fully integrated palm oil operations allow precise control over fatty acid profiles, producing oleic acid with consistent 70-85% concentration levels. Their Malaysian facilities service both Asian and global markets.
Sustainability Initiatives:
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MSPO and RSPO dual-certified supply chain
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Byproduct utilization achieving 98% material efficiency
6. Wilmar International
Headquarters: Singapore
Key Offering: Bulk oleic acid for industrial applications
Wilmar’s oleochemical division supplies cost-effective plant oleic acid at scale through its extensive Asian production network. The company’s logistics infrastructure ensures reliable delivery to global customers.
Sustainability Initiatives:
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No Deforestation, No Peat, No Exploitation (NDPE) compliance
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Renewable power accounts for 40% of production energy
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5. KLK Oleo
Headquarters: Kuala Lumpur, Malaysia
Key Offering: Food-grade and industrial oleic acid
KLK Oleo operates state-of-the-art fractionation facilities producing oleic acid with precise iodine values (110-145g/100g). Their technical expertise serves demanding applications from food processing to industrial lubricants.
Sustainability Initiatives:
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RSPO-certified supply chain covering 100% of production
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Biodiversity protection programs in sourcing regions
4. Emery Oleochemicals
Headquarters: Ohio, USA (global operations)
Key Offering: Performance-optimized oleic acid blends
Emery specializes in application-specific oleochemical solutions, customizing oleic acid properties for enhanced performance in lubricants, plastics, and personal care formulations.
Sustainability Initiatives:
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USDA BioPreferred certified products
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Green Chemistry Institute partnerships
3. VVF LLC
Headquarters: Mumbai, India
Key Offering: Economical oleic acid solutions
VVF supplies competitively priced plant oleic acid while maintaining strict quality parameters suitable for industrial applications. Their production processes prioritize energy efficiency and material optimization.
Sustainability Initiatives:
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30% reduction in energy intensity since 2020
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Responsible sourcing policies for all feedstocks
2. Eastman Chemical Company
Headquarters: Tennessee, USA
Key Offering: High-performance oleic acid derivatives
Eastman develops modified oleic acid products with enhanced properties for specialty applications, leveraging advanced esterification and hydrogenation technologies.
Sustainability Initiatives:
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Circular economy initiatives for production byproducts
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50% reduction in greenhouse gas intensity target by 2030
1. Musim Mas Group
Headquarters: Singapore
Key Offering: Full-spectrum oleochemical solutions
Musim Mas leads in sustainable palm-derived oleochemical production, with advanced fractionation technology ensuring premium oleic acid quality. Their global distribution network serves all major markets.
Sustainability Initiatives:
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Mass Balance certified sustainable palm oil
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Smallholder training programs benefiting 30,000 farmers
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Industry-first blockchain traceability implementation
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Industry Outlook: Sustainable Innovation Driving Growth
The plant oleic acid market is evolving rapidly as producers balance increasing demand with environmental responsibilities. While traditional applications in food processing and personal care continue to dominate, emerging uses in green chemicals and bio-based materials are creating new opportunities.
Key Market Development Trends:
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Shift toward sustainable palm oil and alternative feedstocks
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Growing consumer preference driving plant-based cosmetic ingredients
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Expansion into bio-lubricants and biodegradable polymers
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Digital supply chain solutions enhancing traceability
Get Full Report Here: Plant Oleic Acid Market – View in Detailed Research Report
The market leaders profiled demonstrate how technological innovation and sustainability commitments are shaping the future of plant-derived ingredients across global industries.
