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The latest report by IMARC, titled “ Medium Chain Triglycerides Market: Global Industry Trends, Share, Size, Growth, Opportunity and Fo recast 2022-2027
” the global medium chain triglycerides market size reached US$ 757.6 Million in 2021. Medium chain triglycerides (MCTs) refer to dietary fats with a glycerol molecule attached to three fatty acid chains. They easily get oxidized and absorbed into the bloodstream, unlike other lipid molecules, which require a complex digestion process. MCTs are utilized for the management of several gastrointestinal disorders and the treatment of steatorrhea resulting from various malabsorptive conditions, including prior gastrectomy, pancreatic insufficiency, small bowel resection, etc. They are usually administered in the form of capsules, tablets, powders, ointments, injections, etc.
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The rising prevalence of gastrointestinal disorders is driving the medium chain triglycerides market. Furthermore, as MCTs are derived from natural and organic sources, such as palm oil, coconut oil, butter, etc., they are extensively used in the cosmetics industry. Moreover, on account of their long shelf life, lightweight, lack of color and odor, etc., MCTs are also gaining popularity in aromatherapy. Additionally, numerous leading players are investing in research and development projects as MCTs show promising results in the management of cardiovascular diseases, obesity, neurological disorders, etc. Besides this, owing to the growing consumer health consciousness, various government bodies have launched numerous programs and campaigns to spread awareness about several chronic diseases. This, in turn, is anticipated to fuel the market growth in the coming years. Looking forward, IMARC Group expects the market to reach US$ 1,096.7 Million by 2027, exhibiting a growth rate (CAGR) of 6.27% during 2022-2027.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).
Market Summary:
Breakup by Type:
• Caproic Acid (C6)
• Caprylic Acid (C8)
• Capric Acid (C10)
• Lauric Acid (C12)
Breakup by Source:
• Coconut Oil
• Palm Kernel Oil
• Others
Breakup by Form:
• Powder
• Liquid
Breakup by Application:
• Dietary and Health Supplements
• Personal Care and Cosmetics
• Pharmaceuticals
• Others
Breakup by Region:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
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Competitive Landscape with Key Players:
BASF SE
ConnOils LLC
Croda International Plc
DuPont de Nemours Inc.
IOI Oleo GmbH
KLK OLEO
Musim Mas Holdings
NOW Foods
Sternchemie GmbH & Co. KG
The Procter & Gamble Company
• Wilmar International Limited
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