Medium-Chain Triglycerides Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity.
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The global Medium-Chain Triglycerides market size is projected to reach USD 1036 million by 2026 at a CAGR of 6.4% from USD 764 million in 2021 during the forecast period 2021-2028.
Medium chain triglycerides (MCTs) are manmade fats which are made by the processing of coconut and palm kernel oil. MCT are used as medicine by most of the people. These are administered usually by mouth but can also be administered by needle as well. These are used to treat seizures and athletic performance.
Due to the increased consumption of vegetable oil along with increased focus on healthier diet by people are some of the factors that have supported long-term expansion for Medium-Chain Triglycerides Market.
Key Players of Medium-Chain Triglycerides Market
· BASF SE
· Koninklijke DSM N.V.
· Dupont
· Lonza Group Ltd
· Musim Mas Holdings
· Croda International Plc
· P&G Chemicals
· Acme-Hardesty Company(Bluebell, PA)
· Wilmar International Limited
· Stepan Company
· Sternchemie GmbH & Co. KG
· Connoils
· Now foods
· Barleans
· Jarrow formula’s, Nutiva
· Henry Lamotte Oils GmbH
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Recent Developments of Medium-Chain Triglycerides market
In April 2021, Strenchemie developed MCT which is an healthier oil alternative to palm-sourced MCT Oil made from coconut.
Medium-Chain Triglycerides Market is segmented into Sources, Forms, Fatty Acid Types, Applications and geography.
On the basis of Source
· Palm
· Coconut
· Other Sources (milk and vegetable fats)
On the basis of Form
· Dry
· Liquid
On the basis of Fatty Acid Type
· Caproic Acid
· Caprylic Acid
· Lauric Acid
· Capric Acid
On the basis Application
· Nutritional Supplements
· Personal Care Products
· Pharmaceutical Products
· Sports Drinks
· Infant Formula
· Other Applications (flavorings, fragrances, and industrial)
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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