Global Medium Chain Triglycerides Market Overview
According to SPER Market Research, the Global Medium Chain Triglycerides Market is estimated to reach USD 4.12 billion by 2032 with a CAGR of 7.04%.
The Global Medium Chain Triglycerides (MCTs) market refers to the international trade of goods with MCTs as a primary component. MCTs are a form of saturated fat that are well-tolerated by the body and frequently used as an ingredient in dietary supplements, personal care items, and food and beverage goods. Recent years have seen a considerable increase in consumer knowledge of the possible health benefits of MCT use, which has fueled this market's rise. The demand for products containing MCTs has increased as a result, especially in the health and wellness industry. MCTs are quickly absorbed and digested by the liver, giving them a more readily available source of energy than long chain triglycerides (LCTs), which are included in the majority of dietary fats and oils. MCTs are absorbed straight into the bloodstream, where they are taken to the liver and transformed into ketones, avoiding the typical digestion process that longer-chain fats go through. MCTs have been investigated for their possible health advantages, including their ability to promote weight loss, enhance cognitive function, and lower inflammation. Given that they do not require insulin for absorption, they may also be advantageous for people who suffer from specific medical disorders, such as diabetes. MCTs are usually regarded as safe for the majority of people, but taking large dosages may result in gastrointestinal upset. Before including MCTs in your diet, like with any dietary supplement, it's crucial to talk to a doctor.
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Impact of COVID-19 on the Global Medium Chain Triglycerides Market
The market for Global Medium Chain Triglycerides (MCTs) has shown a mixed response to the COVID-19 pandemic. On the one hand, the heightened attention on health and wellbeing during the pandemic has raised consumer demand for goods containing MCTs because they are seen as a natural and beneficial ingredient. This has fueled expansion in the food and beverage, dietary supplement, and personal care businesses that use MCTs in their goods. However, the epidemic has also impacted worldwide manufacturing and supply chains, leading to shortages and a rise in MCT oil and powder prices. This has made it difficult for businesses who use MCTs as a key component in their goods, and it has raised rivalry for the supply of MCTs. The pandemic's economic effects have also changed consumer behaviour and spending patterns, which has affected the demand for items that contain MCTs. With many consumers experiencing financial insecurity, there has been a shift towards more reasonably priced and simple products, which would have decreased demand for higher-end products that include MCTs. Overall, the pandemic has brought opportunities and difficulties for the MCTs industry, but the long-term effects are yet unknown and will rely on a number of variables, including as the course of the epidemic, consumer behaviour, and supply chain stability.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Source, By Form, By Fatty Acid Type, By Application.
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| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | Acme-Hardesty Company, Barleans, BASF SE, Connoils, Croda International Plc., Dupont, Emery Oleochemicals Group, Henry Lamotte Oils GmbH, Jarrow formula’s, KLK Oleo, Koninklijke DSM N.V., Lonza Group Ltd., Musim Mas Holdings, Now foods, Nutiva, Nutricia, P&G Chemicals, Stepan Company, Sternchemie GmbH & Co. KG, Wilmar International Limited.
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Global Medium Chain Triglycerides Market Segmentation:
1. By Source:
2. By Form:
3. By Fatty Acid Type:
- Capric Acid
- Caproic Acid
- Caprylic Acid
- Lauric Acid
4. By Application:
- Infant Formula
- Nutritional Supplements
- Personal Care Products
- Pharmaceutical Products
- Sports Drinks
- Other Applications
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Medium Chain Triglycerides Market (FY’2019-FY’2032)
- Overview of Global Medium Chain Triglycerides Market
- Segmentation of Global Medium Chain Triglycerides Market By Source (Coconut, Palm, Others)
- Segmentation of Global Medium Chain Triglycerides Market By Form (Dry, Liquid)
- Segmentation of Global Medium Chain Triglycerides Market By Fatty Acid Type (Capric Acid, Caproic Acid, Caprylic Acid, Lauric Acid)
- Segmentation of Global Medium Chain Triglycerides Market By Application (Infant Formula, Nutritional Supplements, Personal Care Products, Pharmaceutical Products, Sports Drinks, Other Applications)
- Statistical Snap of Global Medium Chain Triglycerides Market
- Growth Analysis of Global Medium Chain Triglycerides Market
- Problems and Challenges in Global Medium Chain Triglycerides Market
- Competitive Landscape in the Global Medium Chain Triglycerides Market
- Impact of COVID-19 and Demonetization on Global Medium Chain Triglycerides Market
- Details on Recent Investment in Global Medium Chain Triglycerides Market
- Competitive Analysis of Global Medium Chain Triglycerides Market
- Major Players in the Global Medium Chain Triglycerides Market
- SWOT Analysis of Global Medium Chain Triglycerides Market
- Global Medium Chain Triglycerides Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Medium Chain Triglycerides Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Medium Chain Triglycerides Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Medium Chain Triglycerides Market
7. Global Medium Chain Triglycerides Market, By Source, 2019-2032 (USD Million)
7.1 Coconut
7.2 Palm
7.3 Others
8. Global Medium Chain Triglycerides Market, By Form, 2019-2032 (USD Million)
8.1 Dry
8.2 Liquid
9. Global Medium Chain Triglycerides Market, By Fatty Acid Type, 2019-2032 (USD Million)
9.1 Capric Acid
9.2 Caproic Acid
9.3 Caprylic Acid
9.4 Lauric Acid
10. Global Medium Chain Triglycerides Market, By Application, 2019-2032 (USD Million)
10.1 Infant Formula
10.2 Nutritional Supplements
10.3 Personal Care Products
10.4 Pharmaceutical Products
10.5 Sports Drinks
10.6 Other Applications
11. Global Medium Chain Triglycerides Market, By Region, 2019-2032 (USD Million)
11.1. Global Medium Chain Triglycerides Market Size and Market Share by Region (2019-2025)
11.2. Global Medium Chain Triglycerides Market Size and Market Share by Region (2026-2032)
11.3. Asia-Pacific
11.3.1 Australia
11.3.2 China
11.3.3 India
11.3.4 Japan
11.3.5 South Korea
11.3.6 Rest of Asia-Pacific
11.4. Europe
11.4.1 France
11.4.2 Germany
11.4.3 Italy
11.4.4 Spain
11.4.5 United Kingdom
11.4.6 Rest of Europe
11.5. Middle East and Africa
11.5.1 Kingdom of Saudi Arabia
11.5.2 United Arab Emirates
11.5.3 Rest of Middle East & Africa
11.6. North America
11.6.1 Canada
11.6.2 Mexico
11.6.3 United States
11.7. Latin America
11.7.1 Argentina
11.7.2 Brazil
11.7.3 Rest of Latin America
12. Company Profiles
12.1. Acme-Hardesty Company
12.1.1 Company details
12.1.2 Financial outlook
12.1.3 Product summary
12.1.4 Recent developments
12.2. Barleans
12.2.1 Company details
12.2.2 Financial outlook
12.2.3 Product summary
12.2.4 Recent developments
12.3. BASF SE
12.3.1 Company details
12.3.2 Financial outlook
12.3.3 Product summary
12.3.4 Recent developments
12.4. Connoils
12.4.1 Company details
12.4.2 Financial outlook
12.4.3 Product summary
12.4.4 Recent developments
12.5. Croda International Plc.
12.5.1 Company details
12.5.2 Financial outlook
12.5.3 Product summary
12.5.4 Recent developments
12.6. Dupont
12.6.1 Company details
12.6.2 Financial outlook
12.6.3 Product summary
12.6.4 Recent developments
12.7. Emery Oleochemicals Group
12.7.1 Company details
12.7.2 Financial outlook
12.7.3 Product summary
12.7.4 Recent developments
12.8. Henry Lamotte Oils GmbH
12.8.1 Company details
12.8.2 Financial outlook
12.8.3 Product summary
12.8.4 Recent developments
12.9. Jarrow formula’s
12.9.1 Company details
12.9.2 Financial outlook
12.9.3 Product summary
12.9.4 Recent developments
12.10. KLK Oleo
12.10.1 Company details
12.10.2 Financial outlook
12.10.3 Product summary
12.10.4 Recent developments
12.11. Koninklijke DSM N.V.
12.11.1 Company details
12.11.2 Financial outlook
12.11.3 Product summary
12.11.4 Recent developments
12.12. Lonza Group Ltd.
12.12.1 Company details
12.12.2 Financial outlook
12.12.3 Product summary
12.12.4 Recent developments
12.13. Musim Mas Holdings
12.13.1 Company details
12.13.2 Financial outlook
12.13.3 Product summary
12.13.4 Recent developments
12.14. Now foods
12.14.1 Company details
12.14.2 Financial outlook
12.14.3 Product summary
12.14.4 Recent developments
12.15. Nutiva
12.15.1 Company details
12.15.2 Financial outlook
12.15.3 Product summary
12.15.4 Recent developments
12.16. Nutricia
12.16.1 Company details
12.16.2 Financial outlook
12.16.3 Product summary
12.16.4 Recent developments
12.17. P&G Chemicals
12.17.1 Company details
12.17.2 Financial outlook
12.17.3 Product summary
12.17.4 Recent developments
12.18. Stepan Company
12.18.1 Company details
12.18.2 Financial outlook
12.18.3 Product summary
12.18.4 Recent developments
12.19. Sternchemie GmbH & Co. KG
12.19.1 Company details
12.19.2 Financial outlook
12.19.3 Product summary
12.19.4 Recent developments
12.20. Wilmar International Limited
12.20.1 Company details
12.20.2 Financial outlook
12.20.3 Product summary
12.20.4 Recent developments
13.List of Abbreviations
14.Reference Links
15.Conclusion
16.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
