Medium-Chain Triglycerides (MCT) Market: Information by Type (Lauric Acid, Caprylic Acid, Caproic Acid, Capric Acid, Others) Application (Dietary Relevance, Medical Relevance, Personal Care and Cosmetic Relevance, Others), and Region (Asia-Pacific, North America, Europe, Latin America, and Others) — Global Forecast till 2026
Medium-chain triglycerides (MCTs) are triglycerides whose fatty acids have an aliphatic tail of 6–12 carbon atoms.
The global Medium-Chain Triglycerides (MCT) market is estimated to be USD 1,748 million in 2019 and is expected to reach USD 2,786 million by 2026, with a CAGR of 6.89% during the forecast period.
The global Medium-Chain Triglycerides market will experience rapid growth over the forecast period with growing application in various industry verticals. For instance, it is used as an excipient, which acts as a carrier or suspension medium for oil soluble antibiotics and drugs in the medical sector. Out of this, due to its properties such as improving metabolism, fat burning and providing energy for individuals, these dynamics may further fuel the demand for Medium-Chain Triglycerides (MCT).
By applications, Personal Care and Cosmetic Relevance segment will witness substantial growth over the forecast period as the large demand for application in these industries due to nutrition and health care benefits of Medium-Chain Triglycerides.
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Medium-Chain Triglycerides (MCT) Market: Type Outlook
l Caprylic Acid
l Caproic Acid
l Capric Acid
Medium-Chain Triglycerides (MCT) Market: Application Outlook
l Dietary Relevance
l Medical Relevance
l Personal Care and Cosmetic Relevance
Medium-Chain Triglycerides (MCT) Market: Region Outlook
l North America (U.S., Canada, Mexico)
l Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe
l Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
l Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries.
l Others
Regional Highlights
By regions, the global Medium-Chain Triglycerides (MCT) market was mainly concentrated in the three regions of Europe, Asia-Pacific, and North America, with the market value of 35.19%, 32.54%, and 25.41% respectively, accounting for a total of over 93.14%. Europe is a leading contributor in terms of manufacturing Medium-Chain Triglycerides, which is valued at USD 575 million in the base year. While the report highlights Asia-Pacific will witness substantial growth over the next six years from a sales amount of USD 600 million in 2018, the growth can be attributed to the large population for promotion, growing focus on individual health issues, and a great demand for consumer dietary supplement.
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Leading Company for Driving Industry development
The global Medium-Chain Triglycerides (MCT) market growth is also reliant on the development of active players in the industry, which are IOI Oleo , Oleon , 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 etc.
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Medium-Chain Triglycerides (MCT) Market
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2 Market Trends and Competitive Landscape
3 Segmentation of Medium-Chain Triglycerides (MCT) Market by Types
4 Segmentation of Medium-Chain Triglycerides (MCT) Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Medium-Chain Triglycerides (MCT) Market in Major Countries
7 North America Medium-Chain Triglycerides (MCT) Landscape Analysis
8 Europe Medium-Chain Triglycerides (MCT) Landscape Analysis
9 Asia Pacific Medium-Chain Triglycerides (MCT) Landscape Analysis
10 Latin America, Middle East & Africa Medium-Chain Triglycerides (MCT) Landscape Analysis
11 Major Players Profile
11.1 IOI Oleo
11.1.1 IOI Oleo Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Oleon
11.3 Stepan
11.4 BASF
11.5 KLK OLEO
11.6 Croda
11.7 Musim Mas
11.8 Sternchemie
11.9 BRITZ
11.10 Dr.straetmans
11.11 Acme-Hardesty
11.12 Lonza
11.13 Kao Group
11.14 ABITEC Corporation
11.15 A&A Fratelli Parodi
11.16 Henry Lamotte Oils
11.17 Zhejiang Wumei
11.18 Avic Pharmaceutical
11.19 Wilmar
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Key Stakeholders
l Medium-Chain Triglycerides (MCT) producers
l Raw material suppliers of Medium-Chain Triglycerides (MCT) products
l Downstream vendors and end-users
l Traders, distributors, and resellers of Medium-Chain Triglycerides (MCT) products
l Chemical materials, health care industry associations and research organizations
l Product managers, Medium-Chain Triglycerides (MCT) industry administrator, C-level executives of the industries
l Market Research and consulting firms
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Years considered for the study
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
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