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Medium Chain Triglycerides Market - Global Industry Analysis

Medium Chain Triglycerides Market (Caproic Acid, Caprylic Acid, Capric Acid, Lauric Acid, Heptanoic Acid And Nonanoic Acid) For Medical, Food And Other Applications: Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028

Published Date: 28-Jul-2021 Category: Chemical & Materials Report Format : PDF Pages: 150 Report Code: ZMR-1325 Status : Published

The global Medium Chain Triglycerides Market accounted for USD 1.39 Billion in 2020 and is expected to reach USD 2.03 Billion by 2028, growing at a CAGR of 4.7% from 2021 to 2028.

Description

Market Overview   

The global Medium Chain Triglycerides Market accounted for USD 1.39 Billion in 2020 and is expected to reach USD 2.03 Billion by 2028, growing at a CAGR of 4.7% from 2021 to 2028.    

The global medium-chain triglycerides market is majorly fostered by the rising development within the food sector on a world level. Increasing penetration of the healthcare sector is probably going to possess a positive effect on the Medium-chain triglycerides market. Additionally to the present, the rising acceptance rate of dietary intake amongst users is predicted to help the event of the medium-chain triglycerides market within the near future.

On the opposite hand, costly manufacturing of medium-chain triglycerides might hamper the event of the medium-chain triglycerides market. However, in-progress R&D in the healthcare industry and private products will offer new growth opportunities to the main players of the medium-chain triglycerides market soon. For instance, a 2009 study discovered that eating MCTs-rich food, rather than longer-chain fats, enhanced the time that recreational athletes can use for high-power exercise. This proof is encouraging but too restricted to conclude surely that MCT oil or MCTs can enhance the endurance of exercise.

COVID-19 Impact Analysis:

The global Medium Chain Triglycerides Market has witnessed a decrease in the sales for overall food products owing to the lockdown enforcement placed by governments to contain COVID spreading. People had no option but to remain indoors, so the consumption of products had decreased drastically. The restrictions imposed by various nations to contain COVID had stopped the production resulting in disruption across the whole supply chain. However, the world markets are slowly opening to their full potential, and theirs a surge in demand for Medium Chain Triglycerides.

Growth Factors

In recent years, there has been an unceasing rise in life expectancy and more attention to quality. Consumers are progressively becoming more aware of their health and have started paying more attention to their lifestyles and healthy diets, which has rushed the demand for Medium Chain Triglycerides across the globe. Also, the young generation giving more importance to their fitness may drive the market growth in a positive way within the near future. Growing interest, increasing healthcare expenditure, and rising awareness among people regarding proper diet which advances a system are a number of the key factors boosting the worldwide functional foods market.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Segment Analysis Preview

MCTs include caproic acid, caprylic acid, capric acid, lauric acid, and others. The product is generally derived from vegetable oils including coconut, palm kernel, rapeseed, sunflower, and soybean. Coconut oil is considered to be the primary source of MCT extraction. Based on application, the medical segment emerged because the leading application segment and accounted for over 55% of the entire revenue in 2019. Medium-chain triglycerides are widely utilized in formulating various health and dietary supplements due to their ability to scale back and stop the occurrence of several diseases including cardiovascular, Alzheimer’s, Chyle Leaks, and gastrointestinal disorders. Furthermore, it's also utilized in formulating sport nutrition supplements that are consumed during training, to spice up endurance during exercise, for lessening body fat and enhancing lean muscle mass.

Regional Analysis Preview

Regionally, Asia Pacific ruled the medium-chain triglycerides market in 2018. It grabbed over 40% share and it's likely to be one of the quickest developing markets within the years to return. Sturdy requirement for medium-chain triglycerides in the food & medical industry particularly in India and China will foster the profit margins for the Medium-chain triglycerides market. The Asia Pacific was chased by North America and Europe. The Middle East & Africa and Latin America hold a little piece of the medium-chain triglycerides market share. On the opposite hand, the medium-chain triglycerides market is predicted to develop at a reasonable speed  in the years to come.

Key Market Players & Competitive Landscape

Some of the key vendors of the global medium chain triglycerides market include Acme-Hardesty, ABITEC Corporation, BASF SE, CONNOILS LLC, Croda International Plc, Dr. Straetmans GmbH, Elementis, Emery Oleochemicals Group, Klk Oleo, Lonza Group, Magna-Kron Corp, Musim Mas, Oleon, Peter Cremer Holding GmbH & Co. KG and Stepan.

The global Medium Chain Triglycerides  market is segmented as follows:  

By Type

  • Caproic Acid
  • Caprylic Acid
  • Capric Acid
  • Lauric Acid
  • Heptanoic Acid
  • Nonanoic Acid

By Application 

  • Medical
  • Food
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Medium Chain Triglycerides Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Medium Chain Triglycerides Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Caproic Acid
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Caprylic Acid
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Capric Acid
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Lauric Acid
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Heptanoic Acid
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Nonanoic Acid
      • 4.5.1. Market Size and Forecast, By Region (USD Billion)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Medium Chain Triglycerides Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Medical
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Food
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4 Others
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Medium Chain Triglycerides Market – Region Segment Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.5. U.S.
        • 6.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 6.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Canada
        • 6.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
        • 6.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.7. Mexico
        • 6.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 6.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.5. Germany
        • 6.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
        • 6.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.6. France
        • 6.3.6.1. France Market Revenue, By Type, 2016 – 2028
        • 6.3.6.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.7. U.K.
        • 6.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 6.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Italy
        • 6.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
        • 6.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Spain
        • 6.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
        • 6.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.10. Rest of Europe
        • 6.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 6.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.5. China
        • 6.4.5.1. China Market Revenue, By Type, 2016 – 2028
        • 6.4.5.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.6. Japan
        • 6.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
        • 6.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.7. India
        • 6.4.7.1. India Market Revenue, By Type, 2016 – 2028
        • 6.4.7.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South Korea
        • 6.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 6.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.9. South-East Asia
        • 6.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 6.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.10. Rest of Asia Pacific
        • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 6.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 6.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Argentina
        • 6.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 6.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.7. Rest of Latin America
        • 6.5.7.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 6.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.5. GCC Countries
        • 6.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 6.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.6. South Africa
        • 6.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.7. Rest of Middle-East Africa
        • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7: Medium Chain Triglycerides Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. By Application Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Medium Chain Triglycerides Market: Company Market Share, 2019
      • 8.1.2. Global Medium Chain Triglycerides Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Medium Chain Triglycerides Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Medium Chain Triglycerides Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. ABITEC Corporation
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. BASF SE
    • 9.3. DSM
    • 9.4. Croda International Plc.
    • 9.5. Sternchemie Lipid Technology
    • 9.6. KLK OLEO
    • 9.7. Wilmar International Limited
    • 9.8. Others
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Medium Chain Triglycerides Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Type, 2020 & 2028 
FIG NO. 7. Global Medium Chain Triglycerides Market for Caproic Acid, Revenue (USD Billion) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Medium Chain Triglycerides Market for Caproic Acid, By Country, 2020 & 2028
FIG NO. 9. Global Medium Chain Triglycerides Market for Caprylic Acid, Revenue (USD Billion) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Medium Chain Triglycerides Market for Caprylic Acid, By Country, 2020 & 2028
FIG NO. 11. Global Medium Chain Triglycerides Market for Capric Acid, Revenue (USD Billion) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Medium Chain Triglycerides Market for Capric Acid, By Country, 2020 & 2028
FIG NO. 13. Global Medium Chain Triglycerides Market for Lauric Acid, Revenue (USD Billion) 2016 – 2028
FIG NO. 14. Comparative Revenue Analysis of Medium Chain Triglycerides Market for Lauric Acid, By Country, 2020 & 2028
FIG NO. 15. Global Medium Chain Triglycerides Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of Medium Chain Triglycerides Market for others, By Country, 2020 & 2028
FIG NO. 17. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 18. Global Medium Chain Triglycerides Market for Medical, Revenue (USD Billion) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of Medium Chain Triglycerides Market for Medical, By Country, 2020 & 2028 
FIG NO. 20. Global Medium Chain Triglycerides Market for Food, Revenue (USD Billion) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Medium Chain Triglycerides Market for Food, By Country, 2020 & 2028
FIG NO. 22. Global Medium Chain Triglycerides Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 23. Comparative Revenue Analysis of Medium Chain Triglycerides Market for Others, By Country, 2020 & 2028
FIG NO. 24. Global Medium Chain Triglycerides Market Revenue Share, By Region, 2020 & 2028
FIG NO. 25. North America Medium Chain Triglycerides Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 26. Porter’s Five Forces Analysis for Global Medium Chain Triglycerides Market
FIG NO. 27. PEST Analysis for Global Medium Chain Triglycerides Market
FIG NO. 28. Pricing Analysis for Global Medium Chain Triglycerides Market
FIG NO. 29. Value Chain Analysis for Global Medium Chain Triglycerides Market
FIG NO. 30. Company Share Analysis, 2019
FIG NO. 31. Radar Determinant Chart, 2019
FIG NO. 32. Company Strategic Developments – Heat Map Analysis
FIG NO. 33. Business Segment Revenue Share, 2020 (%)
FIG NO. 34. Geographical Segment Revenue Share, 2020 (%)
FIG NO. 35. Market Channels
FIG NO. 36. Marketing Channel Development Trend
FIG NO. 37. Growth in World Gross Product, 2008-2018
FIG NO. 38. Research Methodology – Detailed View
FIG NO. 39. Research Methodology
 


List of Tables 

TABLE NO. 1. Global Medium Chain Triglycerides Market: Snapshot
TABLE NO. 2. Quarterly Medium Chain Triglycerides Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Medium Chain Triglycerides Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion) 
TABLE NO. 6. Global Medium Chain Triglycerides Market for Caproic Acid, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Medium Chain Triglycerides Market for Caprylic Acid, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Medium Chain Triglycerides Market for Capric Acid, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Medium Chain Triglycerides Market for Lauric Acid, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10 Global Medium Chain Triglycerides Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11. Global Medium Chain Triglycerides Market for Medical, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12. Global Medium Chain Triglycerides Market for Food, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 13. Global Medium Chain Triglycerides Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 14 Global Medium Chain Triglycerides Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 15. North America Medium Chain Triglycerides Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 16. North America Medium Chain Triglycerides Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 17. North America Medium Chain Triglycerides Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 18. U.S. Medium Chain Triglycerides Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 19. U.S. Medium Chain Triglycerides Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 20. Canada Medium Chain Triglycerides Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 21. Canada Medium Chain Triglycerides Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 22. Mexico Medium Chain Triglycerides Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 23. Mexico Medium Chain Triglycerides Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 24. Drivers for the Medium Chain Triglycerides Market: Impact Analysis
TABLE NO. 25. Restraints for the Medium Chain Triglycerides Market: Impact Analysis
TABLE NO. 26. Major Buyers 
TABLE NO. 27. Distributors/Traders List 
TABLE NO. 28. Global Medium Chain Triglycerides Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 29: Global Medium Chain Triglycerides Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)  

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Medium Chain Triglycerides market. Zion Research has collected and analyzed key data belong to the global Medium Chain Triglycerides market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Medium Chain Triglycerides across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Medium Chain Triglycerides industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Medium Chain Triglycerides market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Medium chain triglycerides (MCT’s) are saturated fatty acids that are generally found in food products. These acids have small carbon chain structure in nature. Therefore, they are easily digested and are consumed by the liver, where they have a thermogenic effect and the ability to positively alter the metabolism in the body. Moreover, MCTs are extensively present in palm oil, milk fat, and coconut oil. It is a yellowish or colorless liquid which is insoluble in water. They have an intrinsic beneficial trait in protein metabolism. Therefore, MCTs are primarily used for dietary and medical relevance.

Growing demand for MCT in the global food industry is a major driving force of global medium chain triglycerides market. Moreover, growing health awareness among the population is likely to drive the market size during the near future. Rising penetration of MCT based personal products is projected to boom the market growth. However, the high manufacturing cost may slow down the market sales. Nonetheless, on-going research & development in personal products and healthcare industry is anticipated to offer new opportunities at global level markets during the years to come.

Global-Medium-Chain-Triglycerides-Market

Caproic Acid, Caprylic Acid, Capric Acid, Lauric Acid, Heptanoic Acid and Nonanoic Acid are the prime products of global medium chain triglycerides market. Among these products, lauric acid emerged as leading segment in 2016. It is extensively beneficial acid used for curing diseases such as influenza, HIV/AIDS, and others. Generally, it is utilized in the production of soap and shampoo in personal care product and used as a vegetable shortening in the food industry. Therefore, it is the wide scope of largest demand in diverse applications during the next few years.

Based on assorted applications, the global medium chain triglycerides market is bifurcated into medical, food and others. The food was the most attractive segment of the global medium chain triglycerides market in 2016. Moreover, the food industry is predicted to grow at exponential rate owing to changing lifestyle coupled with rising disposable incomes. Growing sports activity across the globe, for instance, French open, Australia open and FIFA World Cup are some upcoming events of the sport that are going to be held in 2018. This parameter is likely to help to gain the strong demand for MCT in the near future.

In terms of the global market, Asia Pacific was the largest market of medium chain triglycerides in 2016.  During the next few years, Asia-Pacific is predicted to have lucrative growth due to comparatively easily availability of raw material in the region. Moreover, emerging food industry coupled with changing eating habits of the population in the region is likely to propel the growth of the market. North America and Europe are also projected to have significant margins of medium chain triglycerides over the future years.

Some of the key vendors of the global medium chain triglycerides market include Acme-Hardesty, ABITEC Corporation, BASF SE, CONNOILS LLC, Croda International Plc, Dr. Straetmans GmbH, Elementis, Emery Oleochemicals Group, Klk Oleo, Lonza Group, Magna-Kron Corp, Musim Mas, Oleon, Peter Cremer Holding GmbH & Co. KG and Stepan.

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FrequentlyAsked Questions

The global Medium Chain Triglycerides Market was valued at USD 1.39 billion in 2020.

The global Medium Chain Triglycerides Market is expected to reach USD 2.03 billion by 2028, growing at a CAGR of 4.7% between 2021 to 2028.

People preferring to prevent diseases by consuming healthy and nutritional food rather than keeping ill due to various diseases may act as the growth factor of the global market. The young generation giving more importance to their fitness may positively drive the market growth shortly. 

Asia Pacific in 2020 ruled the  Medium Chain Triglycerides Market and was believed to be the highest income-generating area all over the globe.  

Some of the key vendors of the global medium chain triglycerides market include Acme-Hardesty, ABITEC Corporation, BASF SE, CONNOILS LLC, Croda International Plc, Dr. Straetmans GmbH, Elementis, Emery Oleochemicals Group, Klk Oleo, Lonza Group, Magna-Kron Corp, Musim Mas, Oleon, Peter Cremer Holding GmbH & Co. KG and Stepan.

 

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