Capric acid, also known as Decanoic acid, is a saturated fatty acid naturally found in animal fats, milk of goats and cows, and plant oils such as palm and coconut oil. Capric acid is used in the manufacturing of esters for artificial flavoring, color, and aroma. Moreover, it is used in the production of personal care products, pharmaceuticals, synthetic rubbers, dyes, lubricating grease, and plastics products. It is a vital part of the delivery system that helps the diabetics absorb prescribed amounts of insulin. The world capric acid market is expected to witness dynamic growth, owing to the large number of end users and increasing industry applications.