The Medium Chain Triglycerides Market size was valued at $1.6 billion in 2021, and is estimated to reach $3 billion by 2031, growing at a CAGR of 6.6% from 2022 to 2031. Medium-chain triglycerides market (MCTs) are dietary fats produced for their value as a healthier alternative to trans fats and are naturally found in some foods such as whole foods and dairy products. The chemical molecule known as triglycerides is made up of three fatty acids and a glycerol backbone. The number of carbon atoms in the aliphatic tail formed by these fatty acids determines the type of triglyceride, which can vary.
Top Key Players
The key players profiled in the medium chain triglycerides industry report include BASF SE, DuPont, Lonza Group Ltd., Croda International Plc, P&G Chemicals, Wilmar International Ltd., Stepan Company, Sternchemie GmbH & Co. KG, Koninklijke DSM N.V., and Emery Oleochemicals.Key findings of the study Based on type, the caprylic acid sub-segment emerged as the global leader in 2021 and is anticipated to be the fastest growing sub-segment during the forecast period.Based on source, the coconut oil sub-segment emerged as the global leader in 2021 and is anticipated to be the fastest growing sub-segment during the forecast period.
Based on application, the dietary supplements sub-segment emerged as the global leader in 2021 and Pharmaceuticals sub-segment is predicted to show the fastest growth in the upcoming years.Based on region, the North America market registered the highest medium chain triglycerides market share in 2021 and is projected to maintain the position during the forecast period.The report also provides the in-depth medium chain triglycerides market analysisThe report also covers the study regarding medium chain triglycerides market forecast, regional analysis and segmental analysis
The global medium chain triglycerides market is segmented on the basis of type, source, application and region. As per type, the market is sub-segmented into caproic acid, caprylic acid, capric acid, and lauric acid. By source, the market is classified into coconut oil, palm kernel oil, and others. According to application, the market is divided into dietary supplements, pharmaceuticals, food and beverages, beauty and personal care products, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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