The global Medium-Chain
Triglycerides market is foreseen to grow at 6.5%, from USD 694.1 Million in
2021 to USD 1148.7 Million in 2029. Increasing use of medium-chain
triglycerides in diets as alternative energy source, Growing focus of global
population on adding healthy food to their diet, Rising incidences of chronic
diseases is seen to propel the market growth over the forecast period. However,
Availability of mineral oils as substitute, Unsuitability of medium-chain
triglycerides for patients with certain medical conditions yet remains one of
the factors restraining market growth.
Market Definition
What is Medium-Chain
Triglycerides?
Medium chain
triglycerides (MCTs) are partially man-made fats. The name refers to the way
the carbon atoms are arranged in their chemical structure. MCTs are generally
made by processing coconut and palm kernel oils in the laboratory.
Research Scope
The report
provides market value for base year 2021 and a yearly forecast from 2022 to
2029 in terms of revenue (USD Million). Market for each segment is present on
North America, Europe, Asia Pacific, Latin America and Middle East & Africa
as well as regional basis for the above-mentioned forecast period.
Key industry
dynamics, regulatory scenario, major material dynamics and Hip replacement
devices future markets are analyzed to understand their impact on demand for
the forecast period. Growth rates have been estimated using correlation,
regression and time-series analysis.
Market Overview
Medium-Chain
Triglycerides market report also provide a thorough understanding of the
cutting-edge competitive analysis of the emerging market trends along with the
drivers, restraints, challenges, and opportunities in the Medium-Chain
Triglycerides market to offer worthwhile insights and current scenario for
making right decision. The report covers the prominent players in the market
with detailed SWOT analysis, financial overview, and key developments of the
products/services from the past three years. Moreover, the report also offers a
360º outlook of the market through the competitive landscape of the global
industry player and helps the companies to garner Medium-Chain Triglycerides
market revenue by understanding the strategic growth approaches.
Medium-Chain
Triglycerides Market study by “Zettabyte Analytics” provides details about the
market dynamics affecting the market, Market scope, Market segmentation and
overlays shadow upon the leading market players highlighting the favorable
competitive landscape and trends prevailing over the years.
Market Segmentation
For the purpose
of this report, the global Medium-Chain Triglycerides market is segmented on
the basis of Fatty Acid Type, Source, Form, Application and region:
Fatty Acid Type
|
Caproic Acid
|
Caprylic Acid
|
Lauric Acid
|
Capric Acid
|
|
|
Source
|
Palm
|
Coconut
|
Other Sources (Milk and
Vegetable fats)
|
|
|
Form
|
Dry
|
Liquid
|
|
|
Application
|
Nutritional Supplements
|
Personal Care Products
|
Pharmaceutical Products
|
Sports Drinks
|
Infant Formula
|
Other Applications ( Flavorings,
Fragrances, and Industrial)
|
Fatty Acid Type Outlook:
On the basis of
Fatty Acid Type, the market is segmented into Caproic Acid, Caprylic Acid,
Lauric Acid, Capric Acid.
Figure 1 - Medium-Chain Triglycerides Market,
By Fatty Acid Type (Market Size And Forecast By Value - USD Million, 2021 &
2029)