Global Medium Chain Triglycerides Market Rising With Growth In New Technology Trends Research By 2025



The global medium chain triglycerides market size is expected to reach USD 2.46 billion by 2025, according to a new report by Grand View Research, Inc. The increasing cases of obesity and growing demand of MCT products in the cosmetics industry are projected to drive the demand over the forecast period.
The global industry is expected to witness a growth owing to its use as an excipient, which acts as a carrier or suspension medium for oil soluble antibiotics and drugs. Its applications as an antibacterial, antiviral or antifungal medicine and its ability to decrease cardiovascular disease and mortality risk are expected to drive the MCT market.
Dietary and health supplements segment accounted for 59% of total demand in 2016 and is anticipated to gain share over the forecast period. The growing popularity of MCT oil among health-conscious population owing to its properties like improving metabolism, fat burning and providing energy is expected to steer the global market.
Key industry participants include BASF, Wilmar International Ltd, Stepan Company, Sternchemie Lipid Technology, Jarrow formulas, Lonza, KLK Oleo, etc.

Browse Research Report On medium chain triglycerides Market:
https://www.grandviewresearch.com/industry-analysis/medium-chain-triglycerides-mct-market

Further key findings from the report suggest:
·         The global medium chain triglycerides demand was 271 kilo tons in 2016 and is estimated to grow at a CAGR of 6.1% to reach a total volume exceeding 430.0 kilo tons by 2025
·         The personal care segment accounted for over 8% of the total demand in 2016 and is anticipated to grow at a CAGR of 5.6% from 2016 to 2025
·         The pharmaceuticals segment in the U.S. was valued over USD 94.2 million in 2016 and is accounted for over 27% of the total revenue in the country
·         North America emerged as the largest consumer and is estimated to raise the demand for MCT to over 155 Kilo tons by 2025
·         Asia Pacific is the fastest growing market and is projected to account for over 20% of the total revenue by 2025
·         Europe is anticipated to occupy a volume share of over 15% by 2025 at a CAGR of 4.4% over the next eight years
·         The Brazil medium chain triglycerides market generated revenue worth of USD 127 million in 2016 and is anticipated to grow at a CAGR of 7.1% by 2025
·         Owing to the growing demand for specific and multifunctional products the industry players have been forced to focus towards consumer specific product positioning strategies for higher penetration in the local markets

It is also used as emollients and high-quality carriers in the manufacturing of cosmetics that are certified in accordance to set standards by Natural and Organic Ecocert. The demand for potential anti-aging properties of medium-chain triglycerides coupled with its property of thermogenesis has led to high demand in the cosmetics and dietary supplements industry.

Browse Press Release of this report:
https://www.grandviewresearch.com/press-release/global-medium-chain-triglycerides-mct-market

Grand View Research has segmented the global medium chain triglycerides market on the basis of application:
MCT Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·         Personal care
·         Pharmaceuticals
·         Dietary and healthcare supplements
·         Others
Coconut has dominated as the primary medium chain triglycerides (MCT) source over the past few years. The palm kernel oil (PKO) is also used as an important raw material source, and it accounts for almost 34% of MCT oil production.
Dietary and health supplements emerged as the leading application segment and accounted for over 59% of the total revenue in 2016. The MCT oil is being increasingly used to improve digestion, nutrient absorption, metabolism and also to provide energy and burn fat. It also supports in managing weight effectively where it can be incorporated as a part of healthy weight management. 

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.





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