Market Size – USD 637.0 Million in 2018, Market Growth – CAGR of 5.9%, Market Trends – The elevating use of Medium Chain Triglycerides in personal care & cosmetic products
The Global Medium Chain Triglycerides Market is forecast to reach USD 1.07 Billion by 2027, according to a new report by Reports and Data. Fats that are derived by processing palm kernel and coconut oils may be referred to as Medium Chain Triglycerides (MCTs). MCTs can be considered as a man-made fat. Its unique functional and metabolic properties are the result of its chemical structure that makes it a versatile ingredient in various food, flavor, and pharmaceutical applications. One of its major use is manufacturing MCT oil, which is a supplement made from these fats, which have a high concentration of MCTs. MCTs are considered to be highly beneficial in weight loss in various ways. In one study, it was stated that these manmade fat increases leptin and peptide YY. These two hormones increase feelings of fullness and minimize appetite. In various studies conducted on humans and animals, it has been established that MCTs, mainly C10 and C8, increases the ability of the body to burn fat and calories. Thus, the mentioned benefits of MCTs, the rising focus on leading a healthy lifestyle, and increasing demand for regular fat alternatives and elevating demand for nutraceutical products in developing regions are supporting the expansion of the industry. In regards to region, the Asia Pacific is projected to witness the fastest growth rate during the forecast period. The growth rate witnessed by the APAC region is attributed to continuous development in the pharmaceutical industry and the expansion of the personal care industry.
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The global Medium Chain Triglycerides market is highly consolidated due to the presence of numerous companies operating across this industry. The report depicts the current market standing of these companies, their past performances, demand and supply graphs, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market. The leading market contenders listed in the report are:
A brief outlook of the key companies in the Medium Chain Triglycerides market, focusing on companies such as
E.I. Dupont De Nemours and Company, BASF SE, Lonza Group Ltd, Koninklijke DSM N.V., Croda International PLC, Musim Mas Holdings, The Procter & Gamble Company, Wilmar International Limited, Acme-Hardesty Co. Inc., Sternchemie GmbH & Co Kg and Nutiva.
These particulars additionally consist of a basic summary of the corporations, company profile, and the product portfolio of the company in focus.
The report analyses the gathered information relating to the profits accrued, sales, gross margins, price patterns, revenue and updates on the activities of the company.
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This report on the Medium Chain Triglycerides market delivers a cumulative synopsis of the speculations of this business, overall, along with an evaluation of its segmentations. It predicts the Medium Chain Triglycerides market to advance as one of the most profitable verticals, generating massive revenue by the end of the forecast years, exhibiting a sizable growth rate over the calculated period. The opportunities for growth and expansion that are prominent in the sector as well as the geographical coverage of the industry have also been investigated by the report.
Source Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
Grade Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
- Food Grade
- Technical Grade
- Medical Grade
Fatty Acid Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
- Capric Acid
- Caprylic Acid
- Caproic Acid
- Lauric Acid
Form Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
- Dietary & health supplements
- Personal care & cosmetics
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In this section of the report, Medium Chain Triglycerides market analysts have provided valuable insights into the geographical segmentation of the Medium Chain Triglycerides market. They have further estimated the current and future market valuations on the basis of the demand-supply dynamics and pricing structure of the leading regional segments. Moreover, the growth prospects of each regional segment have been meticulously extensively discussed in the report.
The global Medium Chain Triglycerides market is classified into the following regions:
- North America (the U.S., Canada)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Europe (the U.K., Italy, Germany, France, Rest of EU)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- The Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)
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- R & D Analysis
- Mergers and Acquisitions
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