Chemicals Industry Today
Global Medium-chain Triglycerides Market, by Fatty Acid Type, Application, and Geography - Trends and Forecast till 2025
Medium-chain triglycerides (MCTs) are a type of saturated fats derived from fatty acids. MCTs provide numerous health benefits on consumption such as increased metabolism, increased cognitive functioning and increased weight management. Thus, they are majorly used as dietary supplements. MCT supplements are common among athletes seeking nutritional support for increased performance. The compound is also used as a medicine and are normally prescribed for liver disease and digestive disorders such as diarrhea, celiac disease, and steatorrhea. Applications of medicinal MCT include gall bladder disease, obstructive jaundice, AIDS, biliary cirrhosis, cystic fibrosis, pancreatitis, Whipple’s disease, Crohn’s disease, Alzheimer's disease, and seizures.
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Market Dynamics
North America and Asia Pacific are lucrative regions for medium-chain triglycerides, owing to increased demand for the dietary supplements, medical, and nutritional products. North America held the largest market in the global medium-chain glycerides in 2016, with the market valued at US$ 375.7 million and projected to witness a CAGR of 7.48% over the forecast period (2017-2025). Asia Pacific is the fastest growing region in the global medium-chain triglycerides market, owing to the large population growth and growing awareness regarding the health benefits of medium-chain triglycerides. Asia Pacific is estimated to exhibit a CAGR of 8.53% during the forecast period to reach US$ 729.46 million by 2025. Asia Pacific is expected to replace North America as the largest market in the global medium-chain triglycerides market by 2025.
Key features of the study:
- This report provides in-depth analysis of medium-chain triglycerides market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2016 – 2024), considering 2015 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global medium-chain triglycerides market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include BASF SE, Wilmar International Limited, Lonza, Koninklijke DSM N.V., Stepan Company, Nutricia, Jarrow Formulas, E. I. du Pont de Nemours and Company, KLK Oleo, and The Procter & Gamble Company
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
- The global medium-chain triglycerides market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the medium-chain triglycerides market
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