Medium-chain Triglycerides Market Size By Source, By Application, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023

Description

List of Tables

Medium-Chain Triglycerides Market share is slated to register substantial growth during 2023-2032, primarily due to the increasing demand for beverages and fortified food items in Europe. Medium-chain triglycerides are used for the production of nutritious foods and beverages due to several health benefits such as maintaining a healthy weight, increased metabolism, improved digestion, and more energy.

Additionally, MCT oil can also reduce body fat, improve gut health, increase energy, protect the heart, fight bacterial growth, and manage certain neurological conditions. According to credible reports, MCT oils can also help in preventing obesity, which is becoming one of the most pressing health issues globally. This would further help augment the market scope in the coming years.

In addition, some European countries, such as Ireland and the United Kingdom, have mandated food fortification programs to spread awareness regarding the importance of fortified foods among residents, stimulating the compound demand during the next ten years.

Overall, the medium-chain triglyceride industry is segmented in terms of source, application, and region.

On the basis of source, the coconut segment is anticipated to experience robust growth through 2032. Coconut oil is mainly used to manufacture MCT oil as it has a high content of MCT fatty acids compared to other sources. Besides, several product advantages, such as helping in weight loss, appetite control, extra energy for exercise, and inflammation, will spur its adoption in the ensuing years.

Based on application, the pharmaceuticals segment is projected to be valued at over USD 125 million by 2032. The segmental growth will be attributed to several health benefits, such as improving cognitive thinking, aiding weight loss, controlling diabetes, boosting performance, and improving digestion. Besides, the rising cases of chronic illnesses due to poor nutrition, sedentary lifestyle, alcohol abuse, and tobacco use will also positively influence the demand for medium-chain triglycerides in the pharmaceutical sector.

In terms of the regional context, the Europe medium-chain triglyceride market is anticipated to be valued at over USD 610 million by 2032. The rising demand for cosmetics and personal care products in the region is estimated to drive demand for the MCT market. MCT's viscosity and emollient qualities make it a popular ingredient in cosmetics and personal care products.

Besides, the younger population in Europe are spending more on grooming items. As per credible sources, the people in age group of 18-34 years in Europe spend an average of USD 18.8 a month on skincare products. Growing demand for organic cosmetics owing to their health advantages is anticipated to fuel the regional market expansion between 2023 and 2032.

Product Code: 5216

Chapter 1 Methodology & Scope

1.1 Scope & definition
1.2 Base estimates & calculations
- 1.2.1 Forecast calculations
1.3 Data Sources
- 1.3.1 Primary
- 1.3.2 Secondary
  - 1.3.2.1 Paid Sources
  - 1.3.2.2 Public Sources

Chapter 2 Executive Summary

2.1 Global Medium-Chain Triglycerides industry 360 degree synopsis, 2022 - 2032
- 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Source trends
- 2.1.4 Application trends

Chapter 3 Global Medium-Chain Triglycerides Industry Insights

3.1 Industry Segmentation
3.2 COVID-19 impact on the world economy
3.3 Industry ecosystem analysis
- 3.3.1 Vendor matrix
- 3.3.2 Distribution channel analysis
  - 3.3.2.1 Collaboration/Partnership
  - 3.3.2.2 Technology Providers
  - 3.3.2.3 Contract Manufacturing
  - 3.3.2.4 Distributors
- 3.3.3 Impact of COVID-19 on value chain analysis
3.4 Raw Material Analysis
- 3.4.1 Coconut Oil
- 3.4.2 Palm Kernel Oil
- 3.4.3 COVID-19 impact on raw material supply
3.5 Technology Landscape
3.6 Regulatory Landscape
- 3.6.1 US
- 3.6.2 Europe
- 3.6.3 India
3.7 Pricing Analysis, 2018-2032
- 3.7.1 Coconut pricing analysis (USD/Kg)
- 3.7.2 Palm pricing analysis (USD/Kg)
- 3.7.3 Others pricing analysis (USD/Kg)
- 3.7.4 Cost structure analysis
  - 3.7.4.1 Component/material costs
  - 3.7.4.2 Manufacturing & labor costs
  - 3.7.4.3 Utilities
  - 3.7.4.4 Maintenance cost
  - 3.7.4.5 Finance cost
  - 3.7.4.6 Administration cost
  - 3.7.4.7 Others
3.8 Industry impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 North America - Rising demand of weight management supplements owing to increasing incidences of obesity
  - 3.8.1.2 Europe - Increasing demand for fortified food and beverages
  - 3.8.1.3 Rising inclination towards natural cosmetic products
- 3.8.2 Industry pitfalls and challenges
  - 3.8.2.1 Increasing usage of mineral oils as substitutes
3.9 Innovation and sustainability
3.10 Growth potential analysis, 2022
- 3.10.1 Emerging Business Model
  - 3.10.1.1 New Product Launch
  - 3.10.1.2 Partnership
3.11 Porter's analysis
- 3.11.1 Supplier Power
- 3.11.2 Buyer Power
- 3.11.3 Threat of new entrants
- 3.11.4 Threat of substitutes
3.12 PESTLE Analysis
3.13 COVID-19 impact on Medium-Chain Triglycerides, by application
- 3.13.1 Nutritional supplements
- 3.13.2 Food & Beverage
- 3.13.3 Pharmaceutical
- 3.13.4 Cosmetics & Personal Care
- 3.13.5 Others
3.14 Impact of the Russia-Ukraine war impact on the Medium-Chain Triglycerides market

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players
4.4 Competitive positioning matrix
4.5 Strategic outlook matrix

Chapter 5 Medium-Chain Triglycerides Market, By Source

5.1 Key source trends
5.2 Coconut
- 5.2.1 Global coconut Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
- 5.2.2 Global coconut Medium-Chain Triglycerides market estimates & forecast, by region, 2018 - 2032, (Kilo Tons) (USD Million)
5.3 Palm
- 5.3.1 Global palm Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
- 5.3.2 Global palm Medium-Chain Triglycerides market estimates & forecast, by region, 2018 - 2032, (Kilo Tons) (USD Million)
5.4 Others
- 5.4.1 Global other Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
- 5.4.2 Global other Medium-Chain Triglycerides market estimates & forecast, by region, 2018 - 2032, (Kilo Tons) (USD Million)

Chapter 6 Global Medium-Chain Triglycerides Market, By Application

6.1 Key application trends
6.2 Nutraceutical Supplements
- 6.2.1 Global Medium-Chain Triglycerides market estimates & forecast, from Nutraceutical Supplements application, 2018 - 2032, (Kilo Tons) (USD Million)
- 6.2.2 Global Medium-Chain Triglycerides market estimates & forecast, from Nutraceutical Supplements application, by region, 2018 - 2032, (Kilo Tons) (USD Million)
6.3 Food & Beverages
- 6.3.1 Global Medium-Chain Triglycerides market estimates & forecast, from food and beverages application, 2018 - 2032, (Kilo Tons) (USD Million)
- 6.3.2 Global Medium-Chain Triglycerides market estimates & forecast, from food and beverages application, by region, 2018 - 2032, (Kilo Tons) (USD Million)
6.4 Pharmaceuticals
- 6.4.1 Global Medium-Chain Triglycerides market estimates & forecast, from pharmaceutical application, 2018 - 2032, (Kilo Tons) (USD Million)
- 6.4.2 Global Medium-Chain Triglycerides market estimates & forecast, from pharmaceutical application, by region, 2018 - 2032, (Kilo Tons) (USD Million)
6.5 Cosmetics & Personal Care
- 6.5.1 Global Medium-Chain Triglycerides market estimates & forecast, from cosmetic & personal care application, 2018 - 2032, (Kilo Tons) (USD Million)
- 6.5.2 Global Medium-Chain Triglycerides market estimates & forecast, from cosmetic & personal care application, by region, 2018 - 2032, (Kilo Tons) (USD Million)
6.6 Others
- 6.6.1 Global Medium-Chain Triglycerides market estimates & forecast, from others application, 2018 - 2032, (Kilo Tons) (USD Million)
- 6.6.2 Global Medium-Chain Triglycerides market estimates & forecast, from others application, by region, 2018 - 2032, (Kilo Tons) (USD Million)

Chapter 7 Global Medium-Chain Triglycerides Market, By Region

7.1 Key regional trends
7.2 North America
- 7.2.1 North America Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.2.2 North America Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.2.3 North America Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.2.4 U.S.
  - 7.2.4.1 U.S. Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.2.4.2 U.S. Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.2.4.3 U.S. Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.2.5 Canada
  - 7.2.5.1 Canada Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.2.5.2 Canada Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.2.5.3 Canada Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.2.6 Mexico
  - 7.2.6.1 Mexico Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.2.6.2 Mexico Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.2.6.3 Mexico Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
7.3 Europe
- 7.3.1 Europe Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.3.2 Europe Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.3.3 Europe Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.3.4 Germany
  - 7.3.4.1 Germany Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.3.4.2 Germany Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.3.4.3 Germany Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.3.5 France
  - 7.3.5.1 France Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.3.5.2 France Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.3.5.3 France Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.3.6 Spain
  - 7.3.6.1 Spain Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.3.6.2 Spain Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.3.6.3 Spain Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.3.7 Switzerland
  - 7.3.7.1 Switzerland Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.3.7.2 Switzerland Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.3.7.3 Switzerland Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.3.8 UK
  - 7.3.8.1 UK Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.3.8.2 UK Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.3.8.3 UK Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.3.9 Italy
  - 7.3.9.1 Italy Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.3.9.2 Italy Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.3.9.3 Italy Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
7.4 Asia Pacific
- 7.4.1 Asia Pacific Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.4.2 Asia Pacific Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.4.3 Asia Pacific Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.4.4 China
  - 7.4.4.1 China Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.4.4.2 China Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.4.4.3 China Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.4.5 Japan
  - 7.4.5.1 Japan Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.4.5.2 Japan Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.4.5.3 Japan Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.4.6 India
  - 7.4.6.1 India Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.4.6.2 India Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.4.6.3 India Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.4.7 South Korea
  - 7.4.7.1 South Korea Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.4.7.2 South Korea Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.4.7.3 South Korea Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.4.8 Australia
  - 7.4.8.1 Australia Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.4.8.2 Australia Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.4.8.3 Australia Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.4.9 Thailand
  - 7.4.9.1 Thailand Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.4.9.2 Thailand Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.4.9.3 Thailand Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
7.5 Latin America
- 7.5.1 Latin America Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.5.2 Latin America Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.5.3 Latin America Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.5.4 Brazil
  - 7.5.4.1 Brazil Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.5.4.2 Brazil Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.5.4.3 Brazil Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
7.6 Middle East & Africa
- 7.6.1 Middle East & Africa Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.6.2 Middle East & Africa Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.6.3 Middle East & Africa Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.6.4 South Africa
  - 7.6.4.1 South Africa Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.6.4.2 South Africa Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.6.4.3 South Africa Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.6.5 UAE
  - 7.6.5.1 UAE Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.6.5.2 UAE Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.6.5.3 UAE Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)
- 7.6.6 Saudi Arabia
  - 7.6.6.1 Saudi Arabia Medium-Chain Triglycerides market estimates & forecast, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.6.6.2 Saudi Arabia Medium-Chain Triglycerides market estimates & forecast, by source, 2018 - 2032, (Kilo Tons) (USD Million)
  - 7.6.6.3 Saudi Arabia Medium-Chain Triglycerides market estimates & forecast, by application, 2018 - 2032, (Kilo Tons) (USD Million)

Chapter 8 Company Profiles

8.1 BASF
- 8.1.1 Business overview
- 8.1.2 Financial data
- 8.1.3 Product landscape
- 8.1.4 SWOT analysis
8.2 Dupont
- 8.2.1 Business overview
- 8.2.2 Financial data
- 8.2.3 Product landscape
- 8.2.4 Strategy outlook
- 8.2.5 SWOT analysis
8.3 Lonza
- 8.3.1 Business overview
- 8.3.2 Financial data
- 8.3.3 Product landscape
- 8.3.4 SWOT analysis
8.4 Croda International
- 8.4.1 Business overview
- 8.4.2 Financial data
- 8.4.3 Product landscape
- 8.4.4 SWOT analysis
8.5 P&G Chemicals
- 8.5.1 Business overview
- 8.5.2 Financial data
- 8.5.3 Product landscape
- 8.5.4 SWOT analysis
8.6 Acme Hardesty
- 8.6.1 Business overview
- 8.6.2 Financial data
- 8.6.3 Product landscape
- 8.6.4 SWOT analysis
8.7 Stepan Company
- 8.7.1 Business overview
- 8.7.2 Financial data
- 8.7.3 Product landscape
- 8.7.4 SWOT analysis
- 8.7.5 Strategy outlook
8.8 Sternchemie GMNH & CO. KG
- 8.8.1 Business overview
- 8.8.2 Financial data
- 8.8.3 Product landscape
- 8.8.4 SWOT analysis
8.9 KLK OLEO
- 8.9.1 Business overview
- 8.9.2 Financial data
- 8.9.3 Product landscape
- 8.9.4 SWOT analysis