Increasing Use of Medium-Chain Triglycerides in Diets as Alternative Energy Source
The Medium-chain triglycerides market is estimated at USD 763 million in 2021 and is projected to grow at a CAGR of 6.3% to reach USD 1,034 million by 2026.Increasing incorporation of medium-chain triglycerides as an alternative to regular fats in diet. Its natural and safe nature of ingredients leads to wide range of its applications. With the rise in demand and preference for organic food products, medium-chain triglyceride manufacturers have been strategizing on developing innovative products at a reasonable price. The surge in global Internet penetration would be another influential trend in driving the market in terms of value sales.
The market for Lauric acid, by fatty acid type, is projected to witness the fastest growth in the market during the forecast period
The lauric acid is projected to witness the highest CAGR of 6.8% from 2021 to 2026. The rising number of patients is projected to boost the overall growth of the pharmaceutical industry, which in turn will boost the demand for lauric acid. Lauric acid is primarily used to prevent the transmission of HIV infection from mothers to children. Therefore, the rising number of patients is projected to boost the overall growth of the pharmaceutical industry, which in turn will boost the demand for lauric acid
The market for coconut, by source segment dominated the Medium-chain triglycerides market in 2020
The coconut segment dominated the market and accounted for USD 303 million and a market share of 42.2% in 2020, owing to rising preferences of consumers for more natural food products. In coconut oil, about half of the fatty acids are lauric acid. As the primary source for MCT oil, more than 60 percent of the fatty acids in coconut oil are MCTs. Coconut oil is one of the most important raw materials for the medium-chain triglycerides industry, as its fatty acid composition is used as a starting block for many Medium-chain triglycerides products. The oil also has health benefits that include cholesterol-lowering effects, regulating blood pressure, reduction of risks of cardiovascular diseases (CVDs), weight loss, improvement of cognitive functions, actions as an antimicrobial agent, and others.
The dry form segment dominated the Medium-chain triglycerides market in 2020
The dry segment of the medium-chain triglycerides market was valued at USD 208 million in 2020, and is projected to reach USD 304 million by 2026. Medium-chain triglyceride powder is odorless and is neutral in taste. It is used in combination with other nutritional ingredients to produce various nutritional formulas, such as infant formula, products for weight management, and sports nutrition. The dry segment is projected to attain the fastest growth rate of 6.6% during the forecast period. The demand for dry medium-chain triglycerides is expected to increase over the next few years due to its convenient application.
Asia Pacific market is driven by consumer demand for a wide range of food products with functional benefits such as gut health, bone health, immunity, and heart health
Asia Pacific is one of the fastest-growing regions for the consumption of medium-chain triglycerides globally. Growing usage in cosmetics, personal care, and food & beverages segment is driving the demand for medium-chain triglycerides such as caprylic, capric, and lauric triglycerides in the region Rising incomes, increasing purchasing power, and significant consumer demand for nutritional & healthy products are expected to provide promising prospects for the growth and diversification of the region’s functional food & beverage sectors.
Break-up of Primaries:
- By Company Type: Tier 1 - 60%, Tier 2 - 25%, and Tier 3 - 15%
- By Designation: Directors- 35%, CXOs - 40%, and Others - 25%
- By Region: Asia Pacific – 40%, North America - 20%, Europe - 30%, RoW - 10%
Leading players profiled in this report:
- BASF SE (Germany)
- Koninklijke DSM N.V. (the Netherlands)
- Dupont(US)
- Lonza Group Ltd(Switzerland)
- Musim Mas Holdings(Singapore)
- Croda International Plc(UK)
- P&G Chemicals (US)
- Acme-Hardesty Company(Blue bell,PA)
- Wilmar International Limited( Singapore)
- Stepan Company (US)
- Sternchemie GmbH & Co. KG(Germany)
- Emery Oleochemicals Group(US)
- KLK Oleo(Malaysia)
- Nutricia(New Zealand)
- Connoils (US)
- Now foods(US)
- Barleans (Washington)
- Jarrow formula’s(US)
- Nutiva(US)
- Henry Lamotte Oils GmbH (Germany)
Research Coverage
The report segments the Medium-chain triglycerides market on the basis of sources, forms, methods of production, applications, and regions. In terms of insights, this report has focused on various levels of analyses - the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the global Medium-chain triglycerides, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons to buy this report:
- To get a comprehensive overview of the Medium-chain triglycerides market
- To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
- To gain insights about the major countries/regions in which the Medium-chain triglycerides market is flourishing
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Study Scope
Figure 1 Market Segmentation
1.4 Regions Covered
1.5 Years Considered
1.6 Currency Considered
Table 1 USD Exchange Rates, 2018-2020
1.7 Volume Units Considered
1.8 Stakeholders
1.9 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Medium-Chain Triglycerides Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Industry Insights
2.1.2.2 Breakdown of Primary Interviews
Figure 3 Breakdown of Primary Interviews: by Company Type, Designation, and Region
2.2 Market Size Estimation
Figure 4 Medium-Chain Triglycerides Market Size Estimation: Supply Side (1/2)
Figure 5 Medium-Chain Triglycerides Market Size Estimation: Supply Side (2/2)
Figure 6 Medium-Chain Triglycerides Market Size Estimation: Demand Side
2.2.1 Market Size Estimation: Bottom-Up Approach
Figure 7 Medium-Chain Triglycerides Market Size Estimation: Bottom-Up Approach
2.2.2 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Medium-Chain Triglycerides Market Size Estimation: Top-Down Approach
2.3 Data Triangulation
Figure 9 Data Triangulation Methodology
2.4 Study Assumptions
2.5 Research Limitations & Associated Risks
2.6 Market Scenarios Considered for Impact of COVID-19
2.6.1 Scenario-Based Modeling
2.7 Introduction to COVID-19
2.8 COVID-19 Health Assessment
Figure 10 COVID-19: Global Propagation
Figure 11 COVID-19 Propagation: Select Countries
2.9 COVID-19 Economic Assessment
Figure 12 Revised Gross Domestic Product Forecast for Select G20 Countries in 2020
2.9.1 COVID-19 Economic Impact - Scenario Assessment
Figure 13 Criteria Impacting Global Economy
Figure 14 Scenarios in Terms of Recovery of Global Economy
3 Executive Summary
Figure 15 Impact of COVID-19 on Medium-Chain Triglycerides Market, by Scenario, 2020 Vs. 2021 (USD Million)
Figure 16 Medium-Chain Triglycerides Market, by Fatty Acid Type, 2021 Vs. 2026 (USD Million)
Figure 17 Medium-Chain Triglycerides Market, by Source, 2021 Vs. 2026 (USD Million)
Figure 18 Medium-Chain Triglycerides Market, by Application, 2021 Vs. 2026 (USD Million)
Figure 19 Medium-Chain Triglycerides Market Share, by Form, 2021 Vs. 2026 (In Terms of Value)
Figure 20 Medium-Chain Triglycerides Market Share (In Terms of Value), by Region, 2020
4 Premium Insights
4.1 Attractive Opportunities in Medium-Chain Triglycerides Market
Figure 21 Growing Health Awareness Among Consumers Toward Use of Medium-Chain Triglycerides in Diet to Drive Market Growth
4.2 Medium-Chain Triglycerides Market, by Key Country
Figure 22 Us Dominated Global Medium-Chain Triglycerides Market in 2020
4.3 Asia-Pacific: Medium-Chain Triglycerides Market, by Key Country and Source
Figure 23 China Held Largest Share of Medium-Chain Triglycerides Market in Asia-Pacific in 2020
4.4 Medium-Chain Triglycerides Market, by Application and Region
Figure 24 North America Captured Largest Market Share Across All Applications in 2020
4.5 COVID-19 Impact on Medium-Chain Triglycerides Market
Figure 25 Chart of Pre- & Post-COVID Scenarios in Medium-Chain Triglycerides Market
5 Market Overview
5.1 Introduction
5.2 Macroeconomic Indicators
5.2.1 Developments in Retail Industry
Figure 26 India: Retail Market Size, 2021 (USD Billion)
Figure 27 India: Online Retail Market Size (USD Billion)
Figure 28 Australia: Retail Sales of Functional and Fortified Food Products, 2018-2022 (USD Million)
5.2.1.1 Vegetable Oil Consumption
Figure 29 Per Capita Consumption of Vegetable Oils in Selected Countries, 2005-2027 (Kg)
5.3 Market Dynamics
Figure 30 Market Dynamics: Medium-Chain Triglycerides Market
5.3.1 Drivers
5.3.1.1 Increasing Use of Medium-Chain Triglycerides in Diets as Alternative Energy Source
5.3.1.2 Growing Focus of Global Population on Adding Healthy Food to Their Diet
Figure 31 Trends in Dietary Factors and Other Exercise to Maintain Healthy Lifestyle, 2020
5.3.1.3 Rising Incidences of Chronic Diseases
Figure 32 Chronic Diseases Were Among Top Ten Causes of Death Among All Ages, 2019 (Million)
5.3.2 Restraints
5.3.2.1 Availability of Mineral Oils as Substitute
5.3.2.2 Unsuitability of Medium-Chain Triglycerides for Patients with Certain Medical Conditions
5.3.3 Opportunities
5.3.3.1 Surging Demand for Natural and Organic Beauty Products
5.3.3.2 Growing Trend of Microencapsulation of Fats and Oils
5.3.4 Challenges
5.3.4.1 High Cost of Food Products due to Overdependence on Imports Significant Gap in Their Demand and Supply
5.4 Impact of COVID-19 on Market
5.4.1 COVID-19 Boosts Demand for High-Quality Natural Products
5.4.2 Impact on Raw Material Availability and Disruptions in Supply Chain
5.4.3 Shift Toward Plant-Based Ingredients
6 Industry Trends
6.1 Introduction
6.2 Supply Chain Analysis
Figure 33 Product Development and Manufacturing Play Vital Role in Supply Chain of Medium-Chain Triglycerides
6.3 Ecosystem
Figure 34 Medium-Chain Triglycerides Market Map
Table 2 Medium-Chain Triglycerides Market: Ecosystem
6.3.1 Upstream
6.3.2 Ingredient Manufacturers
6.3.3 Technology Providers
6.3.4 End-users
6.3.4.1 Downstream
6.3.5 Regulatory Bodies
6.3.6 Startups/Emerging Companies
6.4 Value Chain Analysis
Figure 35 Medium-Chain Triglycerides Market: Value Chain
6.4.1 Raw Material Sourcing and Research & Product Development
6.4.2 Production & Processing
6.4.3 Distribution and Marketing & Sales
6.5 Technology Analysis
6.5.1 Microencapsulation
6.5.1.1 Encapsulation of Omega-3 to Mask Odor
6.5.2 Use of Robotics in Manufacturing
6.6 Trends and Disruptions Impacting Customers
Figure 36 Trends and Disruptions Impacting Customers
6.7 Porter's Five Forces Analysis
Table 3 Medium-Chain Triglycerides Market: Porter's Five Forces Analysis
6.7.1 Intensity of Competitive Rivalry
6.7.2 Bargaining Power of Suppliers
6.7.3 Bargaining Power of Buyers
6.7.4 Threat of New Entrants
6.7.5 Threat of Substitutes
6.8 Patents Analysis
Figure 37 Breakdown of Samples Interviewed for Patents Related to Medium-Chain Triglycerides (2020)
Table 4 Key Patents Pertaining to Medium-Chain Triglycerides
6.9 Trade Analysis
Figure 40 Major Exporters of Palm Oil, 2008-2011 (Million Tons)
Figure 41 China: Vegetable Oil Imports, 2000-2018 (Million Tons)
Figure 42 RoW: Edible Oil Exports, by Key Country, 2019 (USD Thousand)
6.10 Case Studies
6.10.1 Use Case 1: Tastewise's Ai and Machine Learning Solution Helped Meet Increasing Demand
6.10.2 Use Case 2: Mindright's Bars Helped Combat Mental Health Issues
7 Medium-Chain Triglycerides Market, by Fatty Acid Type
7.1 Introduction
Table 5 Medium-Chain Triglycerides: Fatty Acids & Chemical Formula
Figure 44 Medium-Chain Triglycerides Market, by Fatty Acid Type, 2021-2026 (USD Million)
Table 6 Medium-Chain Triglycerides Market, by Fatty Acid Type, 2015-2020 (USD Million)
Table 7 Medium-Chain Triglycerides Market, by Fatty Acid Type, 2021-2026 (USD Million)
7.2 Caprylic Acid
7.2.1 Increasing Use of Caprylic Acid in Various Pharmaceutical, Personal Care, Beauty, and Food Products Propels Market Growth
Table 8 Caprylic Acid: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 9 Caprylic Acid: Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
7.3 Capric Acid
7.3.1 Growing Number of End-users and Rising Industrial Applications Drive Demand for Capric Acid
Table 10 Capric Acid: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 11 Capric Acid: Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
7.4 Lauric Acid
7.4.1 Rising Need for Lauric Acid in Pharmaceuticals Industry Fuels Market Growth
Table 12 Lauric Acid: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 13 Lauric Acid: Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
7.5 Caproic Acid
7.5.1 Increasing Demand for Caproic Acid from Fragrance and Flavor Industry to Make Confectionery Products Supports Market Growth
Table 14 Caproic Acid: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 15 Caproic Acid: Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
8 Medium-Chain Triglycerides Market, by Source
8.1 Introduction
Figure 45 Medium-Chain Triglycerides Market Share, by Source, 2021 Vs. 2026 (In Terms of Value)
Table 16 Medium-Chain Triglycerides Market, by Source, 2015-2020 (USD Million)
Table 17 Medium-Chain Triglycerides Market, by Source, 2021-2026 (USD Million)
8.2 Coconut
8.2.1 Higher Concentration of Lauric Acid and Its Health Benefits, Including Cholesterol-Lowering Effects, Weight Loss, and Regulating Blood Pressure, Accelerate Market Growth
Table 18 Coconut: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 19 Coconut: Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
8.3 Palm
8.3.1 Intense Concerns for Harmful Effects of Chemicals Used in Toiletry Products and Cosmetics Boost Market Growth
Figure 46 Global Production of Palm Oil, 2000-2018
Table 20 Palm: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 21 Palm: Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
8.4 Other Sources
Table 22 Other Sources: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 23 Other Sources: Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
9 Medium-Chain Triglycerides Market, by Form
9.1 Introduction
Figure 47 Medium-Chain Triglycerides Market, by Form, 2021 Vs. 2026 (USD Million)
Table 24 Medium-Chain Triglycerides Market, by Form, 2015-2020 (USD Million)
Table 25 Medium-Chain Triglycerides Market, by Form, 2021-2026 (USD Million)
9.2 Dry
9.2.1 Significant Use of Dry Medium-Chain Triglycerides in Nutritional Supplements and Infant Formula to Drive Market Growth
Table 26 Dry: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 27 Dry: Medium-Chain Triglycerides Market, by Form, 2021-2026 (USD Million)
9.3 Liquid
9.3.1 High Convenience and Wide Range of Applications of Liquid Medium-Chain Triglyceride Oil to Boost Market Growth
Table 28 Liquid: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 29 Liquid: Medium-Chain Triglycerides Market, by Form, 2021-2026 (USD Million)
10 Medium-Chain Triglycerides Market, by Application
10.1 Introduction
Figure 48 Medium-Chain Triglycerides Market, by Application, 2021 Vs. 2026 (USD Million)
Table 30 Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 31 Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
10.2 COVID-19 Impact on the Medium-Chain Triglycerides Market, by Application
10.2.1 Optimistic Scenario
Table 32 Optimistic Scenario: Medium-Chain Triglycerides Market, by Application, 2018-2021 (USD Million)
10.2.2 Realistic Scenario
Table 33 Realistic Scenario: Medium-Chain Triglycerides Market, by Application, 2018-2021 (USD Million)
10.2.3 Pessimistic Scenario
Table 34 Pessimistic Scenario: Medium-Chain Triglycerides Market, by Application, 2018-2021 (USD Million)
10.3 Nutritional Supplements
10.3.1 Thermogenesis and Hypoglycemic Effects of Medium-Chain Triglycerides Stimulate Market Growth
Table 35 Nutritional Supplements: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 36 Nutritional Supplements: Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
10.4 Personal Care Products
10.4.1 High Demand for Medium-Chain Triglycerides in Cosmetics Industry as Alternative to Mineral Oil Boosts Market Growth
Table 37 Personal Care Products: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 38 Personal Care Products: Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
10.5 Pharmaceutical Products
10.5.1 Increased Use of Medium-Chain Triglycerides in Pharmaceuticals Industry Owing to Their Low Viscosity and Excellent Oxidative Stability Propels Market Growth
Table 39 Pharmaceutical Products: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 40 Pharmaceutical Products: Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
10.6 Sports Drinks
10.6.1 Medium-Chain Triglycerides Act as Extra Energy Source for Athletes and Sportspersons, Thereby Accelerating Market Growth
Table 41 Sports Drinks: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 42 Sports Drinks: Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
10.7 Infant Formula
10.7.1 Increased Incorporation of Medium-Chain Triglycerides in Milk Formulation for Infants Stimulates Market Growth
Table 43 Infant Formula: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 44 Infant Formula: Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
10.8 Other Applications
Table 45 Other Applications: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 46 Other Applications: Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
11 Medium-Chain Triglycerides Market, by Region
11.1 Introduction
Figure 49 Geographical Snapshot (2021-2026): Asia-Pacific Emerging as New Hotspot for Medium-Chain Triglycerides
Table 47 Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 48 Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
11.2 COVID-19 Impact on Medium-Chain Triglycerides Market, by Region
11.2.1 Optimistic Scenario
Table 49 Optimistic Scenario: COVID-19 Impact on Medium-Chain Triglycerides Market, by Region, 2018-2021 (USD Million)
11.2.2 Realistic Scenario
Table 50 Realistic Scenario: COVID-19 Impact on Medium-Chain Triglycerides Market, by Region, 2018-2021 (USD Million)
11.2.3 Pessimistic Scenario
Table 51 Pessimistic Scenario: COVID-19 Impact on Medium-Chain Triglycerides Market, by Region, 2018-2021 (USD Million)
11.3 North America
Figure 50 North America: Market Snapshot
Table 52 North America: Medium-Chain Triglycerides Market, by Country, 2015-2020 (USD Million)
Table 53 North America: Medium-Chain Triglycerides Market, by Country, 2021-2026 (USD Million)
Table 54 North America: Medium-Chain Triglycerides Market, by Fatty Acid Type, 2015-2020 (USD Million)
Table 55 North America: Medium-Chain Triglycerides Market, by Fatty Acid Type, 2021-2026 (USD Million)
Table 56 North America: Medium-Chain Triglycerides Market, by Source, 2015-2020 (USD Million)
Table 57 North America: Medium-Chain Triglycerides Market, by Source, 2021-2026 (USD Million)
Table 58 North America: Medium-Chain Triglycerides Market, by Form, 2015-2020 (USD Million)
Table 59 North America: Medium-Chain Triglycerides Market, by Form, 2021-2026 (USD Million)
Table 60 North America: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 61 North America: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.3.1 US
11.3.1.1 Strong Presence of Key Market Players and Rising Prevalence of Obesity to Drive Market Growth
Table 62 US: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 63 US: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.3.2 Canada
11.3.2.1 Supportive Government Policies and Growing Consumer Awareness Regarding Healthy Diet to Fuel Market Growth
Table 64 Canada: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 65 Canada: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.3.3 Mexico
11.3.3.1 Increased Per Capita Expenditure on Nutritious and Healthy Foods to Boost Demand for Medium-Chain Triglycerides
Figure 51 Mexico: Per Capita Expenditure on Food, 2010-2018
Table 66 Mexico: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 67 Mexico: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.4 Europe
Table 68 Europe: Medium-Chain Triglycerides Market, by Country, 2015-2020 (USD Million)
Table 69 Europe: Medium-Chain Triglycerides Market, by Country, 2021-2026 (USD Million)
Table 70 Europe: Medium-Chain Triglycerides Market, by Fatty Acid Type, 2015-2020 (USD Million)
Table 71 Europe: Medium-Chain Triglycerides Market, by Fatty Acid Type, 2021-2026 (USD Million)
Table 72 Europe: Medium-Chain Triglycerides Market, by Source, 2015-2020 (USD Million)
Table 73 Europe: Medium-Chain Triglycerides Market, by Source, 2021-2026 (USD Million)
Table 74 Europe: Medium-Chain Triglycerides Market, by Form, 2015-2020 (USD Million)
Table 75 Europe: Medium-Chain Triglycerides Market, by Form, 2021-2026 (USD Million)
Table 76 Europe: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 77 Europe: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.4.1 Germany
11.4.1.1 Robust Presence of Key Market Players and Huge Base of Elderly Population Create Opportunities for Mct Products in Country
Table 78 Germany: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 79 Germany: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.4.2 France
11.4.2.1 High Preference for Better Eating Habits, Especially in Women, Leads to Increased Adoption of Mcts as Alternatives to Meals, Supporting Market Growth
Table 80 France: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 81 France: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.4.3 UK
11.4.3.1 Increased Awareness of Consumers Regarding Functional Ingredients and Other Wellness Ingredients Drives Market Growth
Table 82 UK: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 83 UK: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.4.4 Italy
11.4.4.1 Changing Food Pattern Consumption, Coupled with Increasing Number of Chronic Patients, Leads to Growing Adoption of Medium-Chain Triglycerides in Daily Diet
Table 84 Italy: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 85 Italy: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.4.5 Rest of Europe
Table 86 Rest of Europe: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 87 Rest of Europe: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.5 Asia-Pacific
Figure 52 Asia-Pacific: Market Snapshot
Table 88 Asia-Pacific: Medium-Chain Triglycerides Market, by Country, 2015-2020 (USD Million)
Table 89 Asia-Pacific: Medium-Chain Triglycerides Market, by Country, 2021-2026 (USD Million)
Table 90 Asia-Pacific: Medium-Chain Triglycerides Market, by Fatty Acid Type, 2015-2020 (USD Million)
Table 91 Asia-Pacific: Medium-Chain Triglycerides Market, by Fatty Acid Type, 2021-2026 (USD Million)
Table 92 Asia-Pacific: Medium-Chain Triglycerides Market, by Source, 2015-2020 (USD Million)
Table 93 Asia-Pacific: Medium-Chain Triglycerides Market, by Source, 2021-2026 (USD Million)
Table 94 Asia-Pacific: Medium-Chain Triglycerides Market, by Form, 2015-2020 (USD Million)
Table 95 Asia-Pacific: Medium-Chain Triglycerides Market, by Form, 2021-2026 (USD Million)
Table 96 Asia-Pacific: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 97 Asia-Pacific: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.5.1 China
11.5.1.1 Changing Lifestyles of Consumers and High Preference for Fortified Food & Beverage Products to Spur Market Growth in China
Table 98 China: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 99 China: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.5.2 Japan
11.5.2.1 Westernized Food Consumption Patterns, Along with Inclination Toward Balance and Healthy Diets, Projected to Drive Market Growth in Japan
Table 100 Japan: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 101 Japan: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.5.3 India
11.5.3.1 Rising Hospitalization Costs Drive Consumer Demand for Medium-Chain Triglycerides
Table 102 India: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 103 India: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.5.4 Australia & New Zealand
11.5.4.1 Consumer Preference to Spend on Nutritional Food Products to Foster Market in Australia & New Zealand
Table 104 Australia & New Zealand: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 105 Australia & New Zealand: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.5.5 Rest of Asia-Pacific
Table 106 Rest of Asia-Pacific: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 107 Rest of Asia-Pacific: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.6 Rest of the World (Row)
Figure 53 RoW: Rising Per Capita Food Expenditure, by Key Country, 2012-2018 (USD)
Table 108 RoW: Medium-Chain Triglycerides Market, by Region, 2015-2020 (USD Million)
Table 109 RoW: Medium-Chain Triglycerides Market, by Region, 2021-2026 (USD Million)
Table 110 RoW: Medium-Chain Triglycerides Market, by Fatty Acid Type, 2015-2020 (USD Million)
Table 111 RoW: Medium-Chain Triglycerides Market, by Fatty Acid Type, 2021-2026 (USD Million)
Table 112 RoW: Medium-Chain Triglycerides Market, by Source, 2015-2020 (USD Million)
Table 113 RoW: Medium-Chain Triglycerides Market, by Source, 2021-2026 (USD Million)
Table 114 RoW: Medium-Chain Triglycerides Market, by Form, 2015-2020 (USD Million)
Table 115 RoW: Medium-Chain Triglycerides Market, by Form, 2021-2026 (USD Million)
Table 116 RoW: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 117 RoW: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.6.1 South America
11.6.1.1 Prevalence of Undernourishment to Elevate Demand for Medium-Chain Triglycerides in South America
Figure 54 Nutrition Trend in Argentina, 2012-2019
Table 118 South America: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 119 South America: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.6.2 Africa
11.6.2.1 Increased Incorporation of Medium-Chain Triglycerides in Local Diet Fuels Market Growth
Table 120 Africa: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 121 Africa: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
11.6.3 Middle East
11.6.3.1 High Influence of Western Culture to Push Demand for Medium-Chain Triglycerides
Table 122 Middle East: Medium-Chain Triglycerides Market, by Application, 2015-2020 (USD Million)
Table 123 Middle East: Medium-Chain Triglycerides Market, by Application, 2021-2026 (USD Million)
12 Competitive Landscape
12.1 Overview
12.2 Market Share Analysis
Table 124 Medium-Chain Triglycerides Market: Degree of Competition
12.3 Historical Revenue Analysis of Key Players
Figure 55 Three-Year Total Revenue Analysis of Key Market Players, 2015-2019 (USD Billion)
12.4 COVID-19-Specific Company Response
12.4.1 Basf Se
12.4.2 Koninklijke Dsm N.V.
12.4.3 Dupont
12.4.4 Musim Mas Holdings
12.4.5 Lonza Group Ltd.
12.5 Company Evaluation Quadrant (Key Players)
12.5.1 Star
12.5.2 Emerging Leader
12.5.3 Pervasive Player
12.5.4 Participant
Figure 56 Medium-Chain Triglycerides Market: Company Evaluation Quadrant, 2020 (Key Players)
12.6 Product Footprint
Table 125 Company Footprint, by Source
Table 126 Company Footprint, by Application
Table 127 Company Footprint, by Region
Table 128 Company Footprint
12.7 Competitive Evaluation Quadrant (Other Players)
12.7.1 Progressive Company
12.7.2 Starting Block
12.7.3 Responsive Company
12.7.4 Dynamic Company
Figure 57 Medium-Chain Triglycerides Market: Company Evaluation Quadrant, 2020 (Other Players)
12.8 Competitive Scenario
12.8.1 Product Launches
Table 129 Medium-Chain Triglycerides Market: Product Launches, April 2021
12.8.2 Deals
Table 130 Medium-Chain Triglycerides Market: Deals, March 2016-September 2016
13 Company Profiles
(Business Overview, Products Offered, Recent Developments, Analyst's View)*
13.1 Key Players
13.1.1 Basf Se
Table 131 Basf Se: Business Overview
Figure 58 Basf Se: Company Snapshot
Table 132 Basf Se: Products Offered
13.1.2 Dupont
Table 133 Dupont: Business Overview
Figure 59 Dupont: Company Snapshot
Table 134 Dupont: Products Offered
13.1.3 Koninklijke Dsm N.V.
Table 135 Koninklijke Dsm N.V.: Business Overview
Figure 60 Koninklijke Dsm N.V.: Company Snapshot
Table 136 Koninklijke Dsm N.V.: Products Offered
13.1.4 Lonza Group Ltd.
Table 137 Lonza Group Ltd.: Business Overview
Figure 61 Lonza Group Ltd.: Company Snapshot
Table 138 Lonza Group Ltd.: Products Offered
13.1.5 Musim Mas Holdings
Table 139 Musim Mas Holdings: Business Overview
Table 140 Musim Mas Holdings: Products Offered
13.1.6 Croda International plc.
Table 141 Croda International plc.: Business Overview
Figure 62 Croda International plc.: Company Snapshot
Table 142 Croda International plc.: Products Offered
13.1.7 P&G Chemicals
Table 143 P&G Chemicals: Business Overview
Figure 63 P&G Chemicals: Company Snapshot
Table 144 P&G Chemicals: Products Offered
13.1.8 Acme-Hardesty Company
Table 145 Acme-Hardesty Company: Business Overview
Table 146 Acme-Hardesty Company: Products Offered
13.1.9 Wilmar International Ltd.
Table 147 Wilmar International Ltd.: Business Overview
Figure 64 Wilmar International Ltd.: Company Snapshot
Table 148 Wilmar International Ltd.: Products Offered
13.1.10 Stepan Company
Table 149 Stepan Company: Business Overview
Figure 65 Stepan Company: Company Snapshot
Table 150 Stepan Company.: Products Offered
13.2 Other Players
13.2.1 Sternchemie Gmnh & Co. Kg
Table 151 Sternchemie GmbH & Co Kg: Business Overview
Table 152 Sternchemie GmbH & Co Kg.: Products Offered
Table 153 Medium-Chain Trigycerides Market: Product Launch, April 2021
13.2.2 Emery Oleochemicals Group
Table 154 Emery Oleochemicals Group: Business Overview
Table 155 Emery Oleochemicals Group: Products Offered
13.2.3 Klk Oleo
Table 156 Klk Oleo: Business Overview
Table 157 Klk Oleo: Products Offered
13.2.4 Nutricia
Table 158 Nutricia: Business Overview
Table 159 Nutricia.: Products Offered
13.2.5 Connoils
Table 160 Connoils: Business Overview
Table 161 Connoils: Products Offered
13.2.6 Barlean's
13.2.7 Jarrow Formulas
13.2.8 Henry Lamotte Oils GmbH
13.2.9 Now Foods
13.2.10 Nutiva
*Details on Business Overview, Products Offered, Recent Developments, Analyst's View Might Not be Captured in Case of Unlisted Companies.
14 Adjacent & Related Markets
14.1 Introduction
14.2 Limitations
14.3 Functional Food Ingredients Market
14.3 Functional Food Ingredients Market
14.3.1 Market Definition
14.3.2 Market Overview
14.3.3 Functional Food Ingredients Market, by Type
Table 162 Functional Food Ingredients Market, by Type, 2016-2020 (USD Million)
Table 163 Functional Food Ingredients Market, by Type, 2021-2026 (USD Million)
14.3.4 Functional Food Ingredients Market, by Region
Table 164 Functional Food Ingredients Market, by Region, 2016-2020 (USD Million)
Table 165 Functional Food Ingredients Market, by Region, 2021-2026 (USD Million)
14.4 Omega-3 Market
14.4.1 Limitations
14.4.2 Market Definition
14.4.3 Market Overview
14.4.4 Omega-3 Market, by Application
Table 166 Omega-3 Market, by Application, 2017-2025 (USD Million)
14.4.5 Omega-3 Market, by Region
14.4.5.1 Introduction
Table 167 Omega-3 Market, by Region, 2017-2025 (USD Million)
Table 168 Omega-3 Market, by Region, 2017-2025 (Kt)
15 Appendix
15.1 Discussion Guide
15.2 Knowledge Store: The Subscription Portal
15.3 Available Customizations
Companies Mentioned
- Acme-Hardesty Company
- Barlean's
- Basf Se
- Connoils
- Croda International plc.
- Dupont
- Emery Oleochemicals Group
- Henry Lamotte Oils GmbH
- Jarrow Formulas
- Klk Oleo
- Koninklijke Dsm N.V.
- Lonza Group Ltd.
- Musim Mas Holdings
- Now Foods
- Nutiva
- Nutricia
- P&G Chemicals
- Stepan Company
- Sternchemie Gmnh & Co. Kg
- Wilmar International Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 225 |
| Published | December 2021 |
| Forecast Period | 2021 - 2026 |
| Estimated Market Value ( USD | $ 763 Million |
| Forecasted Market Value ( USD | $ 1034 Million |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
