| Product Code: ETC5297582 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Lithuania`s palmitic acid import market witnessed a significant increase in concentration levels in 2024, with top exporting countries being Malaysia, China, Italy, Poland, and Spain. The Herfindahl-Hirschman Index (HHI) indicated a shift towards very high concentration compared to 2023. Despite a negative growth rate of -28.8% from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 stood at an impressive 18.01%, suggesting a dynamic market with potential opportunities and challenges for stakeholders in the coming years.

In the Europe region, the Palmitic Acid market in Lithuania is projected to expand at a growing growth rate of 5.12% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Lithuania Palmitic Acid Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Palmitic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Palmitic Acid Market - Industry Life Cycle |
3.4 Lithuania Palmitic Acid Market - Porter's Five Forces |
3.5 Lithuania Palmitic Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Palmitic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Palmitic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for personal care and cosmetics products that use palmitic acid as an ingredient |
4.2.2 Growth in the food industry, particularly in the production of confectionery and baked goods, which utilize palmitic acid |
4.2.3 Rise in the pharmaceutical industry, with palmitic acid being used in various medications and supplements |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of palmitic acid |
4.3.2 Stringent regulations regarding the use of palmitic acid in certain applications |
5 Lithuania Palmitic Acid Market Trends |
6 Lithuania Palmitic Acid Market Segmentations |
6.1 Lithuania Palmitic Acid Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Palmitic Acid Market Revenues & Volume, By Distilled Type, 2021-2031F |
6.1.3 Lithuania Palmitic Acid Market Revenues & Volume, By Fractionated Type, 2021-2031F |
6.2 Lithuania Palmitic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Palmitic Acid Market Revenues & Volume, By Soap & Detergent, 2021-2031F |
6.2.3 Lithuania Palmitic Acid Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.4 Lithuania Palmitic Acid Market Revenues & Volume, By Grease & Lubricant, 2021-2031F |
6.2.5 Lithuania Palmitic Acid Market Revenues & Volume, By Others, 2021-2031F |
7 Lithuania Palmitic Acid Market Import-Export Trade Statistics |
7.1 Lithuania Palmitic Acid Market Export to Major Countries |
7.2 Lithuania Palmitic Acid Market Imports from Major Countries |
8 Lithuania Palmitic Acid Market Key Performance Indicators |
8.1 Average selling price of palmitic acid in Lithuania |
8.2 Number of new product launches in the personal care and cosmetics sector containing palmitic acid |
8.3 Volume of palmitic acid imports/exports in Lithuania |
9 Lithuania Palmitic Acid Market - Opportunity Assessment |
9.1 Lithuania Palmitic Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Palmitic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Palmitic Acid Market - Competitive Landscape |
10.1 Lithuania Palmitic Acid Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Palmitic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |