Medium-chain Triglycerides Market by Product (Capric Acid, Caproic Acid, Caprylic Acid), Form (Dry Form, Liquid Form), Source, Application - Global Forecast 2024-2030


Attention: There is an updated edition available for this report.

Medium-chain Triglycerides Market by Product (Capric Acid, Caproic Acid, Caprylic Acid), Form (Dry Form, Liquid Form), Source, Application - Global Forecast 2024-2030


The Medium-chain Triglycerides Market size was estimated at USD 1.24 billion in 2023 and expected to reach USD 1.30 billion in 2024, at a CAGR 5.51% to reach USD 1.80 billion by 2030.

Global Medium-chain Triglycerides MarketMedium-chain triglycerides (MCTs) are dietary fats found in coconut oil, palm kernel oil, and dairy products. Unlike long-chain triglycerides (LCTs), the diet's most common form of fat, MCTs have a shorter chemical structure, usually consisting of a glycerol backbone attached to 6 to 12-carbon fatty acids and increasing consumer awareness of health and wellness, particularly regarding weight management and energy levels, expanding applications in pharmaceuticals due to their beneficial properties as carriers for drugs, and rising adoption of the ketogenic diet, which emphasizes high fat intake, including MCTs. However, competition from long-chain triglycerides (LCTs), which are cheaper and more abundant in the food supply, may impede market adoption. Nevertheless, developing new formulations that enhance the bioavailability of nutrients and drugs, expanding the use of MCTs in infant nutrition, and exploring novel food applications and clean-label products create potential opportunities for market growth.Regional InsightsThe market for medium-chain triglycerides (MCTs) in the Americas, notably in the USA and Canada, is highly developed, with a significant emphasis on health and dietary supplements spurred by a growing awareness of obesity and lifestyle-related ailments. The region hosts several leading MCT manufacturers and observes high demand in the sports nutrition sector. Brazil also contributes to the regional market growth due to its robust cosmetic industry, which utilizes MCTs in personal care products. The Asia-Pacific region is experiencing considerable growth in the medium-chain triglycerides (MCT) market due to rising consumer health awareness and an increasing trend towards dietary supplements and functional foods. Countries Such as China, Japan, and India are leading in the region primarily due to the high prevalence of chronic lifestyle diseases, the expanding middle class with disposable income, and a growing fitness trend. The region's companies invest in new product development and strategic partnerships, while research initiatives focus on exploring the therapeutic benefits of MCTs in managing conditions like Alzheimer's, diabetes, and cardiovascular diseases. The EMEA region presents a diverse market, with Europe leading in terms of regulatory advancements and demand for certified products. MCT usage in Europe is primarily in nutritional supplements and premium health foods, driven by high consumer demand for natural and health-promoting ingredients. In the Middle East and Africa, the MCT market is nascent, but it is anticipated to grow due to rising urbanization and health awareness. However, the diverse regulatory environment and varying degrees of economic development across the EMEA region can pose challenges for market participants.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Medium-chain Triglycerides Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Medium-chain Triglycerides Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Medium-chain Triglycerides Market, highlighting leading vendors and their innovative profiles. These include ABITEC Corporation by Associated British Foods, Acme-Hardesty Co., Inc., BASF SE, Bulletproof 360, Inc., Cargill, Incorporated, Connoils LLC, Croda International PLC, DuPont de Nemours, Inc., IOI Oleochemical Industries Berhad, Jarrow Formulas, Inc., Kiss my Keto LLC, KLK Oleo, Koninklijke DSM N.V., Left Coast Performance, Lonza Group Ltd, Musim Mas Holdings Pte. Ltd., Nature’s Way Brands, LLC, NOW Health Group, Inc., Onnit Labs, Inc., Sports Research Corporation, Stepan Company, Sternchemie GmbH & Co. KG, Swanson Health Products, Inc., Twinlab Corporation, Viva Naturals Inc., and Wilmar International Limited.

Market Segmentation & Coverage

This research report categorizes the Medium-chain Triglycerides Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Capric Acid
Caproic Acid
Caprylic Acid
Heptanoic Acid
Lauric Acid
Nonanoic Acid
Form
Dry Form
Liquid Form
Source
Coconut
Palm
Application
Infant Formula
Nutritional Diet
Personal Care
Pharmaceuticals
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Medium-chain Triglycerides Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Medium-chain Triglycerides Market?
3. What are the technology trends and regulatory frameworks in the Medium-chain Triglycerides Market?
4. What is the market share of the leading vendors in the Medium-chain Triglycerides Market?
5. Which modes and strategic moves are suitable for entering the Medium-chain Triglycerides Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Medium-chain Triglycerides Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing incidences of food absorption disorders and lifestyle diseases
5.1.1.2. Rising adoption of the ketogenic diet and growing emphasis on high-fat intake
5.1.1.3. Availability of dietary supplements, powders, and pills through e-commerce distribution channels
5.1.2. Restraints
5.1.2.1. Incidence of recall of products containing medium-chain triglycerides(MCT)
5.1.3. Opportunities
5.1.3.1. Advancements to improve the production and functional attributes of MCT
5.1.3.2. Efforts to produce organic and sustainable MCT products
5.1.4. Challenges
5.1.4.1. Difficulties in manufacturing of the medium-chain triglycerides and potential health concerns
5.2. Market Segmentation Analysis
5.2.1. Product: Growing use of capric acid in the formulating personal care products due to its moisturizing properties
5.2.2. Form: Growing preference for liquid form MCTs among individuals seeking quick mental energy boost due to its rapid absorption.
5.2.3. Source: Burgeoning usage of coconut for preparing medium-chain triglycerides
5.2.4. Application: Evolving application of medium-chain triglycerides in nutritional diet
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Medium-chain Triglycerides Market, by Product
6.1. Introduction
6.2. Capric Acid
6.3. Caproic Acid
6.4. Caprylic Acid
6.5. Heptanoic Acid
6.6. Lauric Acid
6.7. Nonanoic Acid
7. Medium-chain Triglycerides Market, by Form
7.1. Introduction
7.2. Dry Form
7.3. Liquid Form
8. Medium-chain Triglycerides Market, by Source
8.1. Introduction
8.2. Coconut
8.3. Palm
9. Medium-chain Triglycerides Market, by Application
9.1. Introduction
9.2. Infant Formula
9.3. Nutritional Diet
9.4. Personal Care
9.5. Pharmaceuticals
10. Americas Medium-chain Triglycerides Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Medium-chain Triglycerides Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Medium-chain Triglycerides Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
13.3.1. New Product Launch & Enhancement
13.3.1.1. Designs for Health Launches Two Collagen Formulas, Whole Beauty Collagen & Collagen + MCT
13.3.1.2. Going 4GOLD: Leveraging Lipids to Fuel Performance
13.3.1.3. Introducing New MenaQ7 in Organic MCT Oil: In Lockstep with Consumers’ Values
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. ABITEC Corporation by Associated British Foods
14.1.2. Acme-Hardesty Co., Inc.
14.1.3. BASF SE
14.1.4. Bulletproof 360, Inc.
14.1.5. Cargill, Incorporated
14.1.6. Connoils LLC
14.1.7. Croda International PLC
14.1.8. DuPont de Nemours, Inc.
14.1.9. IOI Oleochemical Industries Berhad
14.1.10. Jarrow Formulas, Inc.
14.1.11. Kiss my Keto LLC
14.1.12. KLK Oleo
14.1.13. Koninklijke DSM N.V.
14.1.14. Left Coast Performance
14.1.15. Lonza Group Ltd
14.1.16. Musim Mas Holdings Pte. Ltd.
14.1.17. Nature’s Way Brands, LLC
14.1.18. NOW Health Group, Inc.
14.1.19. Onnit Labs, Inc.
14.1.20. Sports Research Corporation
14.1.21. Stepan Company
14.1.22. Sternchemie GmbH & Co. KG
14.1.23. Swanson Health Products, Inc.
14.1.24. Twinlab Corporation
14.1.25. Viva Naturals Inc.
14.1.26. Wilmar International Limited
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. MEDIUM-CHAIN TRIGLYCERIDES MARKET RESEARCH PROCESS
FIGURE 2. MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, 2023 VS 2030
FIGURE 3. MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. MEDIUM-CHAIN TRIGLYCERIDES MARKET DYNAMICS
FIGURE 7. MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY FORM, 2023 VS 2030 (%)
FIGURE 10. MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY FORM, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY SOURCE, 2023 VS 2030 (%)
FIGURE 12. MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY SOURCE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA MEDIUM-CHAIN TRIGLYCERIDES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. MEDIUM-CHAIN TRIGLYCERIDES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. MEDIUM-CHAIN TRIGLYCERIDES MARKET SHARE, BY KEY PLAYER, 2023

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings