Medium-Chain Triglycerides Market, by Fatty Acid Type (Caproic, Caprylic, Capric and Lauric), Application (Nutritional Supplements, Infant Formula, Sports Drinks, Pharmaceutical Products), Form, Source and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global Medium-Chain Triglycerides market size is projected to reach USD 1036 million by 2026 at a CAGR of 6.4% from USD 764 million in 2021 during the forecast period 2021-2028.
Medium chain triglycerides (MCTs) are manmade fats which are made by the processing of coconut and palm kernel oil. MCT are used as medicine by most of the people. These are administered usually by mouth but can also be administered by needle as well. These are used to treat seizures and athletic performance.
Due to the increased consumption of vegetable oil along with increased focus on healthier diet by people are some of the factors that have supported long-term expansion for Medium-Chain Triglycerides Market.
The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. With people being more aware about what they eat and consume along with health awareness the market has seen a growth and surge during the time of pandemic.
Asia Pacific is expected to be the largest market during the forecast period. With more people consuming medium chain triglycerides along with the surge in its use for cosmetics and personal care have led to the expansion of market in the region.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Market Revenue In 2021 |
USD 764 million |
Growth Rate |
CAGR of 6.4% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
Report Segmentation |
Sources, Forms, Fatty Acid Types, Applications and geography |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
BASF SE , Koninklijke DSM N.V., Dupont, Lonza Group Ltd, Musim Mas Holdings, Croda International Plc, P&G Chemicals , Acme-Hardesty Company(Bluebell, PA), Wilmar International Limited, Stepan Company , Sternchemie GmbH & Co. KG, Emery Oleochemicals Group, KLK Oleo, Nutricia, Connoils , Now foods, Barleans , Jarrow formula’s, Nutiva, Henry Lamotte Oils GmbH |
Available Customization |
In addition to the market data for Medium-Chain Triglycerides Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Medium-Chain Triglycerides Market is segmented into Sources, Forms, Fatty Acid Types, Applications and geography.