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Medium Chain Triglycerides Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 145 Pages
  • November 2023
  • Region: Global
  • IMARC Group
  • ID: 5901509
Description Jump to:
The global medium chain triglycerides market size reached US$ 809.1 Million in 2022. Looking forward, the publisher expects the market to reach US$ 1,163.5 Million by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2022-2028.

Medium chain triglycerides (MCTs) are dietary fats with a glycerol molecule attached to three fatty acid chains. MCTs easily get absorbed and oxidized into the bloodstream, unlike other lipid molecules that require a complex digestion process. Therefore, they are being adopted for the management of several gastrointestinal disorders across the globe. They are also used to treat steatorrhea resulting from malabsorptive conditions, such as pancreatic insufficiency, prior gastrectomy and small bowel resection.

MCTs are generally administered in the form of tablets, capsules, ointments, powders and injections. A significant rise in the prevalence of gastrointestinal and malabsorptive disorders represents one of the leading factors increasing the adoption of MCTs. Apart from this, as MCTs are derived from organic and natural sources like coconut oil, palm oil and butter, they are finding applications in the cosmetics industry worldwide. Moreover, on account of their lightweight, long shelf life, and lack of color and odor, they are gaining popularity in aromatherapy. Besides this, leading players are investing in research and development (R&D) projects as MCTs show promising results in the management of obesity, cardiovascular diseases and neurological disorders. Furthermore, governing agencies of various countries, along with several healthcare groups and non-governmental organizations (NGOs), are initiating various programs and campaigns to spread awareness about various chronic diseases. This, in confluence with the growing health consciousness among individuals and the increasing prevalence of chronic and lifestyle diseases, is anticipated to promote the sales of MCTs in the pharmaceutical industry.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global medium chain triglycerides market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, source, form and application.

Breakup by Type:

  • Caproic Acid (C6)
  • Caprylic Acid (C8)
  • Capric Acid (C10)
  • Lauric Acid (C12)

Breakup by Source:

  • Coconut Oil
  • Palm Kernel Oil
  • Others

Breakup by Form:

  • Powder
  • Liquid

Breakup by Application:

  • Dietary and Health Supplements
  • Personal Care and Cosmetics
  • Pharmaceuticals
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Barlean’s, BASF SE, ConnOils LLC, Croda International Plc, DuPont de Nemours Inc., IOI Oleo GmbH, KLK OLEO, Musim Mas Holdings, NOW Foods, Sternchemie GmbH & Co. KG, The Procter & Gamble Company and Wilmar International Limited.

Key Questions Answered in This Report:

  • How has the global medium chain triglycerides market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global medium chain triglycerides market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the source?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global medium chain triglycerides market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Medium Chain Triglycerides Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Caproic Acid (C6)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Caprylic Acid (C8)
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Capric Acid (C10)
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Lauric Acid (C12)
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Source
7.1 Coconut Oil
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Palm Kernel Oil
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Form
8.1 Powder
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Liquid
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Dietary and Health Supplements
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Personal Care and Cosmetics
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Pharmaceuticals
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Barlean’s
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 BASF SE
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 ConnOils LLC
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Croda International Plc
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 DuPont de Nemours Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6 IOI Oleo GmbH
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.7 KLK OLEO
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Musim Mas Holdings
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 NOW Foods
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Sternchemie GmbH & Co. KG
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 The Procter & Gamble Company
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Wilmar International Limited
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: Medium Chain Triglycerides Market: Major Drivers and Challenges
Figure 2: Global: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Medium Chain Triglycerides Market: Breakup by Type (in %), 2022
Figure 5: Global: Medium Chain Triglycerides Market: Breakup by Source (in %), 2022
Figure 6: Global: Medium Chain Triglycerides Market: Breakup by Form (in %), 2022
Figure 7: Global: Medium Chain Triglycerides Market: Breakup by Application (in %), 2022
Figure 8: Global: Medium Chain Triglycerides Market: Breakup by Region (in %), 2022
Figure 9: Global: Medium Chain Triglycerides (Caproic Acid - C6) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Medium Chain Triglycerides (Caproic Acid - C6) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Medium Chain Triglycerides (Caprylic Acid - C8) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Medium Chain Triglycerides (Caprylic Acid - C8) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Medium Chain Triglycerides (Capric Acid - C10) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Medium Chain Triglycerides (Capric Acid - C10) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Medium Chain Triglycerides (Lauric Acid - C12) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Medium Chain Triglycerides (Lauric Acid - C12) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Medium Chain Triglycerides (Coconut Oil) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Medium Chain Triglycerides (Coconut Oil) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Medium Chain Triglycerides (Palm Kernel Oil) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Medium Chain Triglycerides (Palm Kernel Oil) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Medium Chain Triglycerides (Other Sources) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Medium Chain Triglycerides (Other Sources) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Medium Chain Triglycerides (Powder) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Medium Chain Triglycerides (Powder) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Medium Chain Triglycerides (Liquid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Medium Chain Triglycerides (Liquid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Medium Chain Triglycerides (Dietary and Health Supplements) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Medium Chain Triglycerides (Dietary and Health Supplements) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Medium Chain Triglycerides (Personal Care and Cosmetics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Medium Chain Triglycerides (Personal Care and Cosmetics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Medium Chain Triglycerides (Pharmaceuticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Medium Chain Triglycerides (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Medium Chain Triglycerides (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Medium Chain Triglycerides (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: North America: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: North America: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: United States: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: United States: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Canada: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Canada: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Asia-Pacific: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Asia-Pacific: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: China: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: China: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Japan: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Japan: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: India: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: India: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: South Korea: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: South Korea: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Australia: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Australia: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Indonesia: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Indonesia: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Others: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Others: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Europe: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Europe: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Germany: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Germany: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: France: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: France: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: United Kingdom: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: United Kingdom: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Italy: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Italy: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Spain: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Spain: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Russia: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Russia: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Latin America: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Latin America: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Brazil: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Brazil: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Mexico: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Mexico: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Others: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Others: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Middle East and Africa: Medium Chain Triglycerides Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Middle East and Africa: Medium Chain Triglycerides Market: Breakup by Country (in %), 2022
Figure 83: Middle East and Africa: Medium Chain Triglycerides Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Global: Medium Chain Triglycerides Industry: SWOT Analysis
Figure 85: Global: Medium Chain Triglycerides Industry: Value Chain Analysis
Figure 86: Global: Medium Chain Triglycerides Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Medium Chain Triglycerides Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Medium Chain Triglycerides Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Medium Chain Triglycerides Market Forecast: Breakup by Source (in Million US$), 2023-2028
Table 4: Global: Medium Chain Triglycerides Market Forecast: Breakup by Form (in Million US$), 2023-2028
Table 5: Global: Medium Chain Triglycerides Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Medium Chain Triglycerides Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Medium Chain Triglycerides Market: Competitive Structure
Table 8: Global: Medium Chain Triglycerides Market: Key Players

Companies Mentioned

  • Barlean’s
  • BASF SE
  • ConnOils LLC
  • Croda International Plc
  • DuPont de Nemours Inc.
  • IOI Oleo GmbH
  • KLK OLEO
  • Musim Mas Holdings
  • NOW Foods
  • Sternchemie GmbH & Co. KG
  • The Procter & Gamble Company and Wilmar International Limited

Methodology

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Table Information

Report AttributeDetails
No. of Pages145
PublishedNovember 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 809.1 Million
Forecasted Market Value ( USD ) by 2028 $ 1163.5 Million
Compound Annual Growth Rate6.2%
Regions CoveredGlobal
No. of Companies Mentioned11

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