Global Palmitic Acid Market Forecast to Experience Strong Growth Through 2032 Driven by Expanding Industrial Applications

The global Palmitic Acid Market is poised for consistent growth as demand rises across food processing, personal care, pharmaceuticals, soaps, detergents, and chemical manufacturing. According to new projections by Market Intelo, the market reached USD 285.6 million in 2024 and is expected to grow to USD 431.2 million by 2032, registering a steady CAGR of 5.2% during the forecast period.

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