Market Overview:
The global food & beverages medium chain triglyceride oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for healthy and functional foods and beverages, rising awareness about the benefits of medium chain triglyceride oils, and growing demand from emerging markets. Medium chain triglycerides are derived from coconut or palm oil, and are a source of healthy saturated fats. They are metabolized differently than other types of fat, providing energy that is quickly burned rather than stored as body fat. They have been shown to improve weight loss, reduce inflammation, promote gut health, and enhance cognitive function. The food & beverages medium chain triglyceride oil market is segmented by type into coconut-based MCT oils and palm-based MCT oils. Coconut-based MCT oils accounted for the majority share of the market in 2017 due to their high content of lauric acid (a beneficial fatty acid). However, palm-based MCT oils are gaining popularity due to their lower price point and environmental sustainability credentials. The food & beverages medium chain triglyceride oil market is also segmented by application into food products and beverage products. Food applications accounted for the majority share of the market in 2017 due to increased demand for healthier snack options such as nuts bars containing MCTs as an ingredient.
Product Definition:
A food & beverages medium chain triglyceride oil is a type of oil that is derived from coconut oil. It is important because it has a high smoke point, which means that it can be used for cooking at high temperatures without smoking or burning.
From Coconut:
Coconut oil is extracted from the kernel of the coconut. It has a medium chain triglycerides (MCT) content that makes it different from other vegetable oils. Coconut oil contains MCTs that are used as an alternative to long-chain triglycerides (LCT). LCT is usually derived from palm and soybean oils. The use of LCT in food products gives them a longer shelf life, improves their texture, and increases their flavor intensity.
From Palm:
Palm oil is a vegetable oil that is obtained from the fruit of the palm tree. It has various beneficial properties such as it helps in reducing bad cholesterol and increases good cholesterol levels in the body, thus making it a healthy option for food processing applications. The primary reason behind its preference over other edible oils is its cost effectiveness.
Application Insights:
Food application dominated the global food & beverages medium chain triglycerides oil market, accounting for over 70% of the overall demand in 2015. The product is widely used as a fat replacer in foods such as margarine and shortening due to its high melting point and stability at high temperatures. Moreover, it is also used as an emulsifier in several food products including mayonnaise, salad dressings, cream cheese spreads and various others.
The expansion of fast-food chains across various regions coupled with rising consumer preference for processed meats such as bacon strips has been driving MCT oil consumption in prepared meals across Europe and North America. This trend is expected to continue over the forecast period owing to growing awareness regarding health benefits associated with MCTs along with increasing R&D investments by major players operating within the F&B sector globally.
Regional Analysis:
North America was the largest regional market in 2017 owing to growing consumer awareness regarding healthy lifestyle and increasing adoption of food products with reduced calorie level. The U.S., being the largest producer of coconut oil, is expected to dominate the North American market over the forecast period. Asia Pacific is projected to be one of the fastest-growing markets due to rising demand for MCT from various application sectors such as food and beverages, pharmaceuticals, cosmetics, animal feed etc.
The European region accounted for more than 20% revenue share in 2017 on account of rapid expansion plans by key manufacturers including Roquette (France), Agra S.A (Italy) and Lactalis (Spain).
Growth Factors:
- Increasing demand for healthy and nutritious food products
- Rising awareness about the health benefits of medium chain triglyceride oil
- Growing popularity of functional foods and beverages
- Proliferation of retail outlets and supermarkets
- Expansion of the food processing industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Food & Beverages Medium Chain Triglyceride Oil Market Research Report
By Type
From Coconut, From Palm, Others
By Application
Food, Beverages
By Companies
Musim Mas Holdings Pte. Ltd., IOI Oleo, KLK OLEO, Nisshin OilliO Group, Kao Corporation, Stepan, Wilmar International Limited, Oleon, BASF, Sternchemie, Croda, DuPont, Nutricia, Zhejiang Wumei, ABITEC Corporation, A&A Fratelli Parodi, Henry Lamotte Oils, Connoils LLC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Food & Beverages Medium Chain Triglyceride Oil Market Report Segments:
The global Food & Beverages Medium Chain Triglyceride Oil market is segmented on the basis of:
Types
From Coconut, From Palm, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Beverages
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Musim Mas Holdings Pte. Ltd.
- IOI Oleo
- KLK OLEO
- Nisshin OilliO Group
- Kao Corporation
- Stepan
- Wilmar International Limited
- Oleon
- BASF
- Sternchemie
- Croda
- DuPont
- Nutricia
- Zhejiang Wumei
- ABITEC Corporation
- A&A Fratelli Parodi
- Henry Lamotte Oils
- Connoils LLC
Highlights of The Food & Beverages Medium Chain Triglyceride Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- From Coconut
- From Palm
- Others
- By Application:
- Food
- Beverages
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food & Beverages Medium Chain Triglyceride Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food & Beverages Medium Chain Triglyceride Oil is a type of oil that is derived from coconut and palm oils. It has a higher melting point than other types of oils, which makes it ideal for use in food products that will be heated.
Some of the major players in the food & beverages medium chain triglyceride oil market are Musim Mas Holdings Pte. Ltd., IOI Oleo, KLK OLEO, Nisshin OilliO Group, Kao Corporation, Stepan, Wilmar International Limited, Oleon, BASF, Sternchemie, Croda, DuPont, Nutricia, Zhejiang Wumei, ABITEC Corporation, A&A Fratelli Parodi, Henry Lamotte Oils, Connoils LLC.
The food & beverages medium chain triglyceride oil market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food & Beverages Medium Chain Triglyceride Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Food & Beverages Medium Chain Triglyceride Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food & Beverages Medium Chain Triglyceride Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Food & Beverages Medium Chain Triglyceride Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Food & Beverages Medium Chain Triglyceride Oil Market Size & Forecast, 2018-2028
4.5.1 Food & Beverages Medium Chain Triglyceride Oil Market Size and Y-o-Y Growth
4.5.2 Food & Beverages Medium Chain Triglyceride Oil Market Absolute $ Opportunity
Chapter 5 Global Food & Beverages Medium Chain Triglyceride Oil Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Type
5.2.1 From Coconut
5.2.2 From Palm
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Food & Beverages Medium Chain Triglyceride Oil Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Applications
6.2.1 Food
6.2.2 Beverages
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food & Beverages Medium Chain Triglyceride Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Food & Beverages Medium Chain Triglyceride Oil Analysis and Forecast
9.1 Introduction
9.2 North America Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Type
9.6.1 From Coconut
9.6.2 From Palm
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Applications
9.10.1 Food
9.10.2 Beverages
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Food & Beverages Medium Chain Triglyceride Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Type
10.6.1 From Coconut
10.6.2 From Palm
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Applications
10.10.1 Food
10.10.2 Beverages
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Food & Beverages Medium Chain Triglyceride Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Type
11.6.1 From Coconut
11.6.2 From Palm
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Applications
11.10.1 Food
11.10.2 Beverages
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Food & Beverages Medium Chain Triglyceride Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Type
12.6.1 From Coconut
12.6.2 From Palm
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Applications
12.10.1 Food
12.10.2 Beverages
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Food & Beverages Medium Chain Triglyceride Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Type
13.6.1 From Coconut
13.6.2 From Palm
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Food & Beverages Medium Chain Triglyceride Oil Market Size Forecast by Applications
13.10.1 Food
13.10.2 Beverages
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food & Beverages Medium Chain Triglyceride Oil Market: Competitive Dashboard
14.2 Global Food & Beverages Medium Chain Triglyceride Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Musim Mas Holdings Pte. Ltd.
14.3.2 IOI Oleo
14.3.3 KLK OLEO
14.3.4 Nisshin OilliO Group
14.3.5 Kao Corporation
14.3.6 Stepan
14.3.7 Wilmar International Limited
14.3.8 Oleon
14.3.9 BASF
14.3.10 Sternchemie
14.3.11 Croda
14.3.12 DuPont
14.3.13 Nutricia
14.3.14 Zhejiang Wumei
14.3.15 ABITEC Corporation
14.3.16 A&A Fratelli Parodi
14.3.17 Henry Lamotte Oils
14.3.18 Connoils LLC
