Medium-chain Triglycerides Market, by Fatty Acid Type, Application, and Geography - Trends and Forecast, 2022 - 2028
Medium-chain triglycerides (MCTs) are a type of saturated fats derived from fatty acids. MCTs provide numerous health benefits on consumption such as increased metabolism, increased cognitive functioning and increased weight management. Thus, they are majorly used as dietary supplements. MCT supplements are common among athletes seeking nutritional support for increased performance. The compound is also used as a medicine and are normally prescribed for liver disease and digestive disorders such as diarrhea, celiac disease, and steatorrhea. Applications of medicinal MCT include gall bladder disease, obstructive jaundice, AIDS, biliary cirrhosis, cystic fibrosis, pancreatitis, Whipple’s disease, Crohn’s disease, Alzheimer's disease, and seizures.
Market Dynamics
North America and Asia Pacific are lucrative regions for medium-chain triglycerides, owing to increased demand for the dietary supplements, medical, and nutritional products. North America held the largest market in the global medium-chain glycerides in 2016, with the market valued at US$ 375.7 million and projected to witness a CAGR of 7.48% over the forecast period (2017 - 2028). Asia Pacific is the fastest growing region in the global medium-chain triglycerides market, owing to the large population growth and growing awareness regarding the health benefits of medium-chain triglycerides. Asia Pacific is estimated to exhibit a CAGR of 8.53% during the forecast period to reach US$ 729.46 million by 2025. Asia Pacific is expected to replace North America as the largest market in the global medium-chain triglycerides market by 2025.
Key features of the study:
This report provides in-depth analysis of medium-chain triglycerides market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global medium-chain triglycerides market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include BASF SE, Wilmar International Limited, Lonza, Koninklijke DSM N.V., Stepan Company, Nutricia, Jarrow Formulas, E. I. du Pont de Nemours and Company, KLK Oleo, and The Procter & Gamble Company
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The global medium-chain triglycerides market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the medium-chain triglycerides market
Detailed Segmentation:
Global Medium-chain Triglycerides Market, By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
Global Medium-chain Triglycerides Market, By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Global Medium-chain Triglycerides Market, By Geography:
North America
U.S.
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Canada
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Europe
U.K.
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Germany
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Italy
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
France
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Russia
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Rest of Europe
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Asia Pacific
China
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
India
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Japan
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
ASEAN
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Australia
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
South Korea
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Rest of Asia Pacific
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Latin America
Brazil
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Argentina
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Rest of Latin America
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Middle East
GCC
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Israel
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Africa
North Africa
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Central Africa
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
South Africa
By Fatty Acid Type:
Caprylic Acid
Capric Acid
Caproic Acid
Lauric Acid
By Application:
Personal Care Products & Cosmetics
Medical
Dietary & Health Supplements
Infant Nutrition
Others
Company Profiles
BASF SE*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Wilmar International Limited
Lonza
Koninklijke DSM N.V.
Stepan Company
Nutricia
Jarrow Formulas
E. I. du Pont de Nemours and Company
The Procter & Gamble Company
KLK Oleo
“*” marked represents similar segmentation in other categories in the respective section.
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