Market Overview:
Medium-chain triglycerides (MCT) are a type of saturated fat that is derived from coconut oil or palm kernel oil. MCTs are metabolized differently than other types of fat, and they have been shown to have some health benefits, including weight loss and improved mental clarity. MCTs are available in two forms: oil and powder. The global medium-chain triglycerides (MCT) market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for healthy food products and the growing awareness about the health benefits of MCTs. The food & beverage segment is expected to be the fastest-growing segment during the forecast period, owing to the increasing demand for healthy food products among consumers worldwide.
Product Definition:
Medium-chain triglycerides (MCT) are a type of saturated fat found in coconut oil and palm kernel oil. Unlike other types of fat, MCTs are absorbed and metabolized quickly, so they're a good source of energy for athletes and people who are trying to lose weight.
Oil Medium-chain Triglycerides (MCT):
Medium-chain triglycerides are formed by the esterification of glycerol with fatty acids. The most commonly used raw material for manufacturing MCTs is caproic acid, which is produced from vegetable oils such as coconut oil and palm kernel oil. Other raw materials include lauric acid and other specialty fats such as tallowy and beef tallow.
Powder Medium-chain Triglycerides (MCT):
Powder medium-chain triglycerides (MCT) is a form of vegetable oil that has been processed to remove the long-chained fatty acids. The product contains glycerol esters, which are used as an intermediate in pharmaceuticals and cosmetics products. MCTs have several advantages over other forms of vegetable oils such as coconut oil or palm kernel oil; these include high stability against heat & oxidation and low susceptibility to microbial degradation.
Application Insights:
Food & beverage was the largest application segment in 2017 and is projected to maintain its dominance over the forecast period. MCTs are used as a food additive for manufacturing various products such as sauces, salad dressings, dairy alternatives, baked goods, beverages and snacks. They are also employed in several functional foods that claim to have special health benefits. The growing functional food industry across the globe is expected to boost product demand over the coming years.
Medical applications include their use as an active pharmaceutical ingredient (API) or nutraceutical ingredient (NUI). Medium-chain triglycerides can be used in place of long-chain triglycerides (LCT) in drug formulations owing to their shorter chain length which makes them easier for body tissues to absorb than LCTs do.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing product demand in food and beverage, medical, and personal care sectors. The region has been experiencing strong economic growth over the past few years on account of rising disposable income coupled with growing population. This trend is expected to continue over the forecast period which will benefit industry expansion as well as product adoption in these applications.
Europe was estimated as the second-largest market for medium-chain triglycerides (MCT) in 2017 due to high demand from cosmetic application segment especially driven by Germany, U.K.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of the MCT market.
- Rising awareness about the health benefits of MCTs is another key factor fuelling their demand.
- Growing popularity of ketogenic diets is also propelling the growth of the MCT market.
- Increasing use of MCTs in weight management supplements and functional foods is contributing to their rising demand worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medium-chain Triglycerides (MCT) Market Research Report
By Type
Oil Medium-chain Triglycerides (MCT), Powder Medium-chain Triglycerides (MCT)
By Application
Food & Beverage, Medical, Personal Care and Cosmetic
By Companies
IOI Oleo, Oleon, Stepan, BASF, KLK OLEO, Croda, Musim Mas, Sternchemie, BRITZ, Dr.straetmans, Acme-Hardesty, Lonza, Kao Group, ABITEC Corporation, A&A Fratelli Parodi, Henry Lamotte Oils, Zhejiang Wumei, Avic Pharmaceutical, Wilmar
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Medium-chain Triglycerides (MCT) Market Report Segments:
The global Medium-chain Triglycerides (MCT) market is segmented on the basis of:
Types
Oil Medium-chain Triglycerides (MCT), Powder Medium-chain Triglycerides (MCT)
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 & Beverage, Medical, Personal Care and Cosmetic
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:
- IOI Oleo
- Oleon
- Stepan
- BASF
- KLK OLEO
- Croda
- Musim Mas
- Sternchemie
- BRITZ
- Dr.straetmans
- Acme-Hardesty
- Lonza
- Kao Group
- ABITEC Corporation
- A&A Fratelli Parodi
- Henry Lamotte Oils
- Zhejiang Wumei
- Avic Pharmaceutical
- Wilmar
Highlights of The Medium-chain Triglycerides (MCT) 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:
- Oil Medium-chain Triglycerides (MCT)
- Powder Medium-chain Triglycerides (MCT)
- By Application:
- Food & Beverage
- Medical
- Personal Care and Cosmetic
- 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 Medium-chain Triglycerides (MCT) 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
- Business Expansion Strategies
- 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?
Medium-chain triglycerides (MCTs) are a type of saturated fat that is metabolized differently than other types of fats. MCTs are absorbed and transported quickly through the body, which helps to speed up weight loss. They also help to increase energy levels and promote satiety.
Some of the major players in the medium-chain triglycerides (mct) market are IOI Oleo, Oleon, Stepan, BASF, KLK OLEO, Croda, Musim Mas, Sternchemie, BRITZ, Dr.straetmans, Acme-Hardesty, Lonza, Kao Group, ABITEC Corporation, A&A Fratelli Parodi, Henry Lamotte Oils, Zhejiang Wumei, Avic Pharmaceutical, Wilmar.
The medium-chain triglycerides (mct) market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medium-chain Triglycerides (MCT) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medium-chain Triglycerides (MCT) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medium-chain Triglycerides (MCT) Market - Supply Chain
4.5. Global Medium-chain Triglycerides (MCT) Market Forecast
4.5.1. Medium-chain Triglycerides (MCT) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medium-chain Triglycerides (MCT) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medium-chain Triglycerides (MCT) Market Absolute $ Opportunity
5. Global Medium-chain Triglycerides (MCT) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Type
5.3.1. Oil Medium-chain Triglycerides (MCT)
5.3.2. Powder Medium-chain Triglycerides (MCT)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medium-chain Triglycerides (MCT) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Application
6.3.1. Food & Beverage
6.3.2. Medical
6.3.3. Personal Care and Cosmetic
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medium-chain Triglycerides (MCT) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medium-chain Triglycerides (MCT) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medium-chain Triglycerides (MCT) Demand Share Forecast, 2019-2026
9. North America Medium-chain Triglycerides (MCT) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Application
9.4.1. Food & Beverage
9.4.2. Medical
9.4.3. Personal Care and Cosmetic
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Type
9.7.1. Oil Medium-chain Triglycerides (MCT)
9.7.2. Powder Medium-chain Triglycerides (MCT)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medium-chain Triglycerides (MCT) Demand Share Forecast, 2019-2026
10. Latin America Medium-chain Triglycerides (MCT) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Application
10.4.1. Food & Beverage
10.4.2. Medical
10.4.3. Personal Care and Cosmetic
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Type
10.7.1. Oil Medium-chain Triglycerides (MCT)
10.7.2. Powder Medium-chain Triglycerides (MCT)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medium-chain Triglycerides (MCT) Demand Share Forecast, 2019-2026
11. Europe Medium-chain Triglycerides (MCT) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Application
11.4.1. Food & Beverage
11.4.2. Medical
11.4.3. Personal Care and Cosmetic
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Type
11.7.1. Oil Medium-chain Triglycerides(MCT)
11.7.2. Powder Medium-chain Triglycerides (MCT)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medium-chain Triglycerides (MCT) Demand Share, 2019-2026
12. Asia Pacific Medium-chain Triglycerides (MCT) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Application
12.4.1. Food & Beverage
12.4.2. Medical
12.4.3. Personal Care and Cosmetic
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Type
12.7.1. Oil Medium-chain Triglycerides (MCT)
12.7.2. Powder Medium-chain Triglycerides (MCT)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medium-chain Triglycerides (MCT) Demand Share, 2019-2026
13. Middle East & Africa Medium-chain Triglycerides (MCT) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medium-chain Triglycerides (MCT) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Application
13.4.1. Food & Beverage
13.4.2. Medical
13.4.3. Personal Care and Cosmetic
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medium-chain Triglycerides (MCT) Market Size and Volume Forecast by Type
13.7.1. Oil Medium-chain Triglycerides (MCT)
13.7.2. Powder Medium-chain Triglycerides (MCT)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medium-chain Triglycerides (MCT) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medium-chain Triglycerides (MCT) Market: Market Share Analysis
14.2. Medium-chain Triglycerides (MCT) Distributors and Customers
14.3. Medium-chain Triglycerides (MCT) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IOI Oleo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Oleon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Stepan
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BASF
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. KLK OLEO
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Croda
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Musim Mas
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sternchemie
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BRITZ
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dr.straetmans
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Acme-Hardesty
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lonza
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kao Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ABITEC Corporation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. A&A Fratelli Parodi
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Henry Lamotte Oils
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Zhejiang Wumei
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Avic Pharmaceutical
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Wilmar
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook