Medium Chain Triglycerides Market - Forecast(2024 - 2030)

Report Code: CMR 58178 Report Format: PDF + Excel

Overview

Medium Chain Triglycerides Market is forecast to reach $845.19 million by 2025, after growing at a CAGR of 7% during 2020-2025. Medium chain triglycerides (MCTs) are partially man-made fats. Medium chain triglycerides are generally made by processing coconut and palm kernel oils in the laboratory. Caprylic Acid, Caproic Acid, Capric Acid, Heptanoic Acid, Lauric Acid and Nonanoic Acid are the prime products of global medium chain triglycerides market. The medium chain triglycerides market is expected to grow during the forecast period due to excessive usage of MCTs in various applications like dietary and health supplements, personal care and pharmaceuticals industries.

Report Coverage

The report: “Medium Chain Triglycerides – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Medium Chain Triglycerides.


Key Takeaways

  • Due to usage of MCTs along with usual medications for treating food absorption disorders including fat indigestion, diarrhea, liver disease, celiac disease, and digestion problems due to partial surgical removal of the stomach or the intestine, the market for medium chain triglycerides is expected to grow.
  • MCTs are also used as emollients and high-quality carriers in the manufacturing of cosmetics that are certified in accordance to set standards by Natural and Organic Ecocert.
  • The demand for potential anti-aging properties of medium-chain triglycerides coupled with its property of thermogenesis has led to high demand in the personal care and dietary supplements industry.

By Type - Segment Analysis

Caprylic acid segment held a significant share of the medium chain triglycerides market in 2019. The demand for caprylic acid is projected to grow, due to its increasing consumption in and personal care and the food & beverage industries. Caprylic triglycerides work as emollient agents in different applications. Caprylic acid is a mixed trimester available only in the liquid form. It improves shelf life and creates a lubrication barrier for cosmetic products. It is widely used in many applications, including food & beverages, pharmaceuticals, personal care and industrial.

By Source - Segment Analysis

Coconut segment held a significant share of the medium chain triglycerides market in 2019. Medium-chain triglycerides (MCTs) are medium-chain fatty acids with a carbon chain that is obtained by treating oils such as palm kernel oil and coconut oil. Caprylic triglycerides work as emollient agents in different applications. They are derived from glycerin and coconut oil. Coconut oil aids in treating a health problems, especially related to inflammations such as help in maintaining healthy weight supports in reducing stored body fat by increasing metabolic functions, balances hormone levels and helps in better digestion and gives more energy.

By Application - Segment Analysis

Dietary and Health Supplement segment held a significant share of the medium chain triglycerides market in 2019. Medium-chain triglycerides have numerous health benefits, ranging from better weight management to improved cognitive functioning. Saturated fats and MCTs are good for consumption on daily basis; they help in reducing the risks associated with hormone imbalances, weight gain, gut problems, and cognitive disorders.

Geography - Segment Analysis

North America dominated the medium chain triglycerides market with a share of more than 37% during the forecast period. The growing usage of personal care products such as gels, lotions and cosmetics products for women are propelling the growth of the medium-chain triglycerides market in the North America region. Additionally, with increase in disposable incomes and busy lifestyles, the demand for nutritional food & products is growing in the region.

Drivers – Medium Chain Triglycerides Market

·         Rising health concerns

Medium chain triglycerides demand is attributed to rising health concerns associating with dietary supplements. MCTs are used for "milky urine" (chyluria) and a rare lung condition called chylothorax. Other uses include treatment of AIDS, gallbladder disease, Alzheimer's disease, cystic fibrosis and seizures in children. Athletes sometimes use MCTs for nutritional support during training, for decreasing body fat, to increase exercise performance and increasing lean muscle mass, and for weight loss.

MCTs are also used to reduce levels of cholesterol and other fats in the blood called triglycerides. MCTs are also used to increase muscle mass and strength. They are also used for a rare disease called Waldmann disease. Hence, due to exceptional usage of MCTs in dietary and health supplements the market for medium chain triglycerides is expected to grow during the forecast period.

Challenges – Medium Chain Triglycerides Market

·         High manufacturing cost

Factors such as high cost involved in R&D activities and production are restraining the market. Also, excessive intake of oral MCT oil has been associated with gastrointestinal distress, such as cramping, abdominal discomfort, gassiness, and diarrhea

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the medium chain triglycerides market. In 2019, the market of medium chain triglycerides has been consolidated by the top five players accounting for xx% of the medium chain triglycerides market share. Major top 10 companies of medium chain triglycerides market KLK Oleo, BASF SE, Stepan Company, Croda International PLC., E. I. du Pont de Nemours and Company and Koninklijke DSM N.V. among others.

1. Medium Chain Triglycerides Market - Overview
        1.1 Definitions and Scope
2. Medium Chain Triglycerides Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Medium Chain Triglycerides Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Medium Chain Triglycerides Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Medium Chain Triglycerides Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Medium Chain Triglycerides Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Medium Chain Triglycerides Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Medium Chain Triglycerides Market - By Product (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Medium Chain Triglycerides Market - By Type (Market Size -$Million / $Billion)
10. Medium Chain Triglycerides - By Application (Market Size -$Million / $Billion)
11. Medium Chain Triglycerides- By Geography (Market Size -$Million / $Billion)
        11.1 Medium Chain Triglycerides Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Medium Chain Triglycerides- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Medium Chain Triglycerides- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Medium Chain Triglycerides - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Medium Chain Triglycerides - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Medium Chain Triglycerides Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Medium Chain Triglycerides Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Medium Chain Triglycerides Market - Key Company List by Country Premium
15. Medium Chain Triglycerides Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Barlean'S
        15.3 Connoils Llc
        15.4 Jarrow Formula
        15.5 Klk Oleo
        15.6 Lonza
        15.7 Now Food
        15.8 Nutricia
        15.9 Stepan Company
        15.10 Sternchemie Lipid Technology
        15.11 Wilmar International Limited
        15.12 Company 12
        15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. Medium Chain Triglycerides Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Medium Chain Triglycerides Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Medium Chain Triglycerides:Application Outlook Market 2023-2030 ($M)
1.1 Medium Chain Triglyceride Market By Application Market 2023-2030 ($M) - Global Industry Research
2.Global Medium Chain Triglycerides:Application Outlook Market 2023-2030 (Volume/Units)
2.1 Medium Chain Triglyceride Market By Application Market 2023-2030 (Volume/Units) - Global Industry Research
3.North America Medium Chain Triglycerides:Application Outlook Market 2023-2030 ($M)
3.1 Medium Chain Triglyceride Market By Application Market 2023-2030 ($M) - Regional Industry Research
4.South America Medium Chain Triglycerides:Application Outlook Market 2023-2030 ($M)
4.1 Medium Chain Triglyceride Market By Application Market 2023-2030 ($M) - Regional Industry Research
5.Europe Medium Chain Triglycerides:Application Outlook Market 2023-2030 ($M)
5.1 Medium Chain Triglyceride Market By Application Market 2023-2030 ($M) - Regional Industry Research
6.APAC Medium Chain Triglycerides:Application Outlook Market 2023-2030 ($M)
6.1 Medium Chain Triglyceride Market By Application Market 2023-2030 ($M) - Regional Industry Research
7.MENA Medium Chain Triglycerides:Application Outlook Market 2023-2030 ($M)
7.1 Medium Chain Triglyceride Market By Application Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
2.Canada Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
3.Mexico Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
4.Brazil Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
5.Argentina Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
6.Peru Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
7.Colombia Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
8.Chile Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
9.Rest of South America Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
10.UK Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
11.Germany Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
12.France Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
13.Italy Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
14.Spain Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
15.Rest of Europe Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
16.China Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
17.India Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
18.Japan Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
19.South Korea Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
20.South Africa Medium Chain Triglycerides Market Revenue, 2023-2030 ($M)
21.North America Medium Chain Triglycerides By Application
22.South America Medium Chain Triglycerides By Application
23.Europe Medium Chain Triglycerides By Application
24.APAC Medium Chain Triglycerides By Application
25.MENA Medium Chain Triglycerides By Application
26.Stepan Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Connoils Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Sternchemie Lipid Technology, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Nutricia, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Jarrow Formula, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Barlean'S, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Now Food, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Wilmar International Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Lonza, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Klk Oleo, Sales /Revenue, 2015-2018 ($Mn/$Bn)