Press release
Medium-chain Triglycerides Market worth $1.80 billion by 2030, growing at a CAGR of 5.51% - Exclusive Report by 360iResearch
The "Medium-chain Triglycerides Market by Product (Capric Acid, Caproic Acid, Caprylic Acid), Form (Dry Form, Liquid Form), Source, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Medium-chain Triglycerides Market to grow from USD 1.24 billion in 2023 to USD 1.80 billion by 2030, at a CAGR of 5.51%.
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Medium-chain triglycerides (MCTs) are dietary fats found in coconut oil, palm kernel oil, and dairy products. Unlike long-chain triglycerides (LCTs), the diet's most common form of fat, MCTs have a shorter chemical structure, usually consisting of a glycerol backbone attached to 6 to 12-carbon fatty acids and increasing consumer awareness of health and wellness, particularly regarding weight management and energy levels, expanding applications in pharmaceuticals due to their beneficial properties as carriers for drugs, and rising adoption of diet food, which emphasizes high fat intake, including MCTs. However, competition from long-chain triglycerides (LCTs), which are cheaper and more abundant in the food supply, may impede market adoption. Nevertheless, developing new formulations that enhance the bioavailability of nutrients and drugs, expanding the use of MCTs in infant nutrition, and exploring novel food applications and clean-label products create potential opportunities for market growth.
The market for medium-chain triglycerides (MCTs) in the Americas, notably in the USA and Canada, is highly developed, with a significant emphasis on health and dietary supplements spurred by a growing awareness of obesity and lifestyle-related ailments. The region hosts several leading MCT manufacturers and observes high demand in the sports nutrition sector. Brazil also contributes to the regional market growth due to its robust cosmetic industry, which utilizes MCTs in personal care products. The Asia-Pacific region is experiencing considerable growth in the medium-chain triglycerides (MCT) market due to rising consumer health awareness and an increasing trend towards dietary supplements and functional foods. Countries Such as China, Japan, and India are leading in the region primarily due to the high prevalence of chronic lifestyle diseases, the expanding middle class with disposable income, and a growing fitness trend. The region's companies invest in new product development and strategic partnerships, while research initiatives focus on exploring the therapeutic benefits of MCTs in managing conditions like Alzheimer's, diabetes, and cardiovascular diseases. The EMEA region presents a diverse market, with Europe leading in terms of regulatory advancements and demand for certified products. MCT usage in Europe is primarily in nutritional supplements and premium health foods, driven by high consumer demand for natural and health-promoting ingredients. In the Middle East and Africa, the MCT market is nascent, but it is anticipated to grow due to rising urbanization and health awareness. However, the diverse regulatory environment and varying degrees of economic development across the EMEA region can pose challenges for market participants.
Market Segmentation & Coverage:
This research report categorizes the Medium-chain Triglycerides Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Capric Acid, Caproic Acid, Caprylic Acid, Heptanoic Acid, Lauric Acid, and Nonanoic Acid. The Lauric Acid is projected to witness significant market share during forecast period.
Based on Form, market is studied across Dry Form and Liquid Form. The Liquid Form is projected to witness significant market share during forecast period.
Based on Source, market is studied across Coconut and Palm. The Palm is projected to witness significant market share during forecast period.
Based on Application, market is studied across Infant Formula, Nutritional Diet, Personal Care, and Pharmaceuticals. The Pharmaceuticals is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.61% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Medium-chain Triglycerides Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Medium-chain Triglycerides Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Medium-chain Triglycerides Market, highlighting leading vendors and their innovative profiles. These include ABITEC Corporation by Associated British Foods, Acme-Hardesty Co., Inc., BASF SE, Bulletproof 360, Inc., Cargill, Incorporated, Connoils LLC, Croda International PLC, DuPont de Nemours, Inc., IOI Oleochemical Industries Berhad, Jarrow Formulas, Inc., KLK Oleo, Koninklijke DSM N.V., Left Coast Performance, Lonza Group Ltd, Musim Mas Holdings Pte. Ltd., Nature's Way Brands, LLC, NOW Health Group, Inc., Onnit Labs, Inc., Sports Research Corporation, Stepan Company, Sternchemie GmbH & Co. KG, Swanson Health Products, Inc., Twinlab Corporation, Viva Naturals Inc., and Wilmar International Limited.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Medium-chain Triglycerides Market, by Product
7. Medium-chain Triglycerides Market, by Form
8. Medium-chain Triglycerides Market, by Source
9. Medium-chain Triglycerides Market, by Application
10. Americas Medium-chain Triglycerides Market
11. Asia-Pacific Medium-chain Triglycerides Market
12. Europe, Middle East & Africa Medium-chain Triglycerides Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Medium-chain Triglycerides Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Medium-chain Triglycerides Market?
3. What is the competitive strategic window for opportunities in the Medium-chain Triglycerides Market?
4. What are the technology trends and regulatory frameworks in the Medium-chain Triglycerides Market?
5. What is the market share of the leading vendors in the Medium-chain Triglycerides Market?
6. What modes and strategic moves are considered suitable for entering the Medium-chain Triglycerides Market?
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This report studies the global Medium-chain Triglycerides (MCT) market status and forecast, categorizes the global Medium-chain Triglycerides (MCT) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia).
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The major manufacturers covered in this report
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…