Global Medium-Chain Triglycerides Market Analysis & Trends - Industry Forecast to 2030

Global Medium-Chain Triglycerides Market Analysis & Trends - Industry Forecast to 2030

Medium-Chain Triglycerides: Market Size

From $2.57 billion in 2024, the global Medium-Chain Triglycerides market is projected to reach $4.31 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 9.0% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include growing consumer preference on adding healthy food to their diet, growing incidences of chronic diseases, and rising inclination for the product in diets as alternative energy source.

Global Medium-Chain Triglycerides Market: Market Dynamics
The medium-chain triglycerides are becoming popular among consumers who are health conscious and inclined toward healthy eating habits, resulting in their increased demand. The global medium-chain triglycerides market has been influenced by some of the macroeconomic and microeconomic factors witnessed in some key countries. This would prove strong enough to drive the market significantly in terms of value sales during the forecast period. Prominent companies are well-established, financially stable players who have been operating in the industry for several years and have a diversified product portfolio, proprietary technologies, and strong distribution networks globally and offices at strategic locations. Rising demand for natural cosmetic products are also expected to drive the growth of the Medium-Chain Triglycerides market.

On the other hand, the availability of mineral oils as substitute and high cost of food products are likely to obstruct the profit boundaries. In addition, growing demand for natural and organic beauty products and rising trend of microencapsulation of fats and oils will further boost for the Medium-Chain Triglycerides market.

Impact of COVID-19 on Medium-Chain Triglycerides
The increasing health awareness due to this disease in price-sensitive economies such as India and South Africa would also result in consumer inclination toward premium products, further encouraging the manufacturers to use medium-chain triglycerides in their premium food products. The COVID-19 outbreak is associated with better immunity, resulting in consumers buying more branded and private label products. In general, the consumers prefer branded products, particularly owing to the growing trust in the brand and perception of use of safe and high-quality ingredients. Retailers have reported increased sales of premium vegan products, indicating the shifts in customer purchasing behavior. Post the COVID-19 outbreak, consumers have become more cautious of what they are eating and are trying and including premium products in their diets, even if they are costlier. Similarly, even though the price of a range of medium-chain triglycerides such as plant-based and natural ingredients is higher than conventional ingredients, it is expected that the consumers would be willing to pay higher to consume good-quality food.

By Source
Coconut Segment Dominate the Market in 2024
The coconut segment made huge revenue in 2024 and growing its prominence during the forecast period. Coconut oil is one of the most important raw materials for the medium-chain triglycerides industry, as its fatty acid composition is used as a starting block for many Medium-chain triglycerides products. In coconut oil, about half of the fatty acids are lauric acid. As the primary source for MCT oil, more than 60 percent of the fatty acids in coconut oil are MCTs. The oil also has health benefits that include cholesterol-lowering effects, regulating blood pressure, reduction of risks of cardiovascular diseases (CVDs), weight loss, improvement of cognitive functions, actions as an antimicrobial agent, and others.

By Geography
Asia Pacific Region is Leading in the Global Market Place
Asia Pacific region is likely to have a huge demand in the forecast period owing to the growing use of personal care & cosmetics products such as lotions, gels, creams and cosmetics products for women. Asia Pacific is one of the fastest-growing regions for the consumption of medium-chain triglycerides, globally. Growing usage in cosmetics, personal care, and food & beverages segment is driving the demand for medium-chain triglycerides such as caprylic, capric, and lauric triglycerides in the region. China, India, and Japan are the leading consuming countries of medium-chain triglycerides. With busy lifestyles and increasing disposable incomes, the demand for nutritional food & products is growing in the region.

List of the Key Players Profiled in the Market Include:
• BASF SE
• Acme-Hardesty Company
• Croda International Plc
• Dupont
• Emery Oleochemicals Group
• Koninklijke DSM N.V
• Lonza Group Ltd
• Musim Mas Holdings
• P&G Chemicals
• Stepan Company
• Sternchemie GmbH & Co. KG
• Wilmar International Limited

List of the Regions/Countries Profiled in the Market Include:
North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others