The global Medium-chain Triglycerides (MCT) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.2% during the review period (2022 to 2027)
Medium-chain Triglycerides (MCT) Market Overview
The medium chain triglycerides are used in diet as a fat supplement and also offers immunity to the body. The pandemic created extra interest in working on immune system thus increasing the market.Medium-chain triglycerides are frequently used in nutritional diets, infant formulas, functional foods, pharmaceutical products, personal care products, sports drinks, and dietary supplements, as they rapidly generate energy and enhance the endurance of human body. These triglycerides are fast broken down and easily absorbed in the human body due to their shorter chain length of fatty acids, making them less likely to be stored as body fat. This also helps with direct energy generation in the body. Extremely low-carb or ketogenic diets are efficient ways of weight reduction, and these triglycerides can be added in such diets as they produce ketones.Commercially MCTs are manufactured through fractionation process, which separates capric and caprylic acid from the other fats present in the vegetable oils. The extracted product is then further processed using lipase esterification to produce triglycerides. After a series of quality checks, the final product is distributed as finished product for consumption.The product is gaining popularity among many pharmaceutical, beverage, and nutritional supplement manufacturers owing to the anti oxidant, and anti microbial properties exhibited by the product. The pharmaceutical formulation needed extremely pure and high-quality extracts, which are further used to treat gastrointestinal, liver, and cardiovascular disorders.
Industry News
In April 2021, Strenchemie developed MCT oil from coconut which offers same functionalities as MCT Oil from palm products. It is an alternative to palm-sourced MCT Oil.
What are the major Applications, Types and Regions for Medium-chain Triglycerides (MCT) Market?
Medium-chain Triglycerides (MCT) Market is segmented based on the type, applications, companies and regions.
By Type, Medium-chain Triglycerides (MCT) Market has been segmented into
- Food & Beverage
- Medical
- Personal Care and Cosmetic
The end user’s industry application on Medium-chain Triglycerides (MCT) Market is,
- Oil Medium-chain Triglycerides (MCT)
- Powder Medium-chain Triglycerides (MCT)
Medium-chain Triglycerides (MCT) Market Regional Analysis
Asia-Pacific region is projected to witness the fastest growth in the market for medium chain triglycerides during the forecast period. In countries like China, India, and Japan, owing to rising demand from various end-user industries like personal care & cosmetics, pharmaceuticals, and food & beverages, the demand for medium-chain triglycerides such as caprylic, capric, and lauric has been increasing in the region.
The report offers in-depth assessment of the growth and other aspects of the Medium-chain Triglycerides (MCT) Market in important regions, including the
North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Medium-chain Triglycerides (MCT) Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 5.2% during the review period (2022 to 2027).
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By Type
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- Food & Beverage
- Medical
- Personal Care and Cosmetic
- Others
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By Application
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- Oil Medium-chain Triglycerides (MCT)
- Powder Medium-chain Triglycerides (MCT)
- Others
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By Companies
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IOI Oleo, Oleon, Stepan, BASF, KLK OLEO, Croda, Musim Mas, Sternchemie, BRITZ, Dr.straetmans, Acme-Hardesty, Lonza, Kao Group, ABITEC Corporation, A&A Fratelli Parodi, Henry Lamotte Oils, Zhejiang Wumei, Avic Pharmaceutical, Wilmar and others.
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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121
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Medium-chain Triglycerides (MCT) Report
- Evaluate Medium-chain Triglycerides (MCT) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Medium-chain Triglycerides (MCT) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
FAQ -
What is the study period of this market?
The Medium-chain Triglycerides (MCT) Market is studied from 2017 - 2027.
What is the growth rate of Medium-chain Triglycerides (MCT) Market?
The Medium-chain Triglycerides (MCT) Market is growing at a CAGR of 5.2% over the next 5 years.
What regions does this Medium-chain Triglycerides (MCT) Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.