Market Research Future (MRFR) has announced a new release on the global caprylic/capric triglycerides market. The report estimates the global caprylic/capric triglycerides market to exhibit a strong 5.4% CAGR over the forecast period (2019-2024). The report contains an extensive analysis of the caprylic/capric triglycerides market’s segmentation and competitive landscape in order to deliver a comprehensive picture of the market’s current condition and growth prospects over the forecast period.
Caprylic/capric triglycerides are a class of triglycerides derived from milk and vegetable oils such as palm oil and coconut oil. They are also known as MCT and have come under increasing scrutiny due to their alleged benefits in managing obesity, enhancing metabolism, and enabling healthy cognitive functioning. The increasing popularity of dietary supplements that aid in weight loss and enhanced metabolism has led to growing demand from the global Caprylic/Capric Triglycerides Market Analysis.
The increasing awareness about the antimicrobial and antifungal properties of caprylic/capric triglycerides has also led to their increasing use in cosmetics and personal care products. The increasing research into the utility of caprylic/capric triglycerides and increasing awareness about their benefits is likely to be a key driver for the global caprylic/capric triglycerides market over the forecast period.
Caprylic/Capric Triglycerides Market Segmentation Analysis:
The global caprylic/capric triglycerides market is segmented by application and region.
By application, the global caprylic/capric triglycerides market is segmented into food and beverages, pharmaceuticals, cosmetics and personal care products, sports drinks, infant nutrition, and others. Food and beverages accounted for around 30% of the global caprylic/capric triglycerides market in 2017 and is likely to remain the major contributor to the global market over the 2018-2023 forecast period, followed by the cosmetics and personal care products segment. The latter is expected to be the fastest growing application segment of the caprylic/capric triglycerides market over the forecast period.
Regional Analysis:
Geographically, the global caprylic/capric triglycerides market is segmented into North America, Latin America, Europe, Asia Pacific (APAC), and the Middle East and Africa.
North America is likely to remain the dominant regional market for caprylic/capric triglycerides over the forecast period due to the presence of a highly advanced medical research industry, which has led to increasing awareness about the various benefits of caprylic/capric triglycerides. The highly developed cosmetics industry in the region is also likely to be a major contributor to the global caprylic/capric triglycerides market over the forecast period. The high prevalence of obesity in North America is likely to drive the caprylic/capric triglycerides market in the region, as the prevalence of obesity stood at more than 34% in the U.S. and more than 24% in Canada over the 2007-09 period. The growing awareness about the benefits of caprylic/capric triglycerides in combating obesity and reducing weight is likely to be the major driver for the caprylic/capric triglycerides market in North America over the forecast period.
APAC is expected to exhibit the highest growth in the global caprylic/capric triglycerides market over the forecast period. The increasing popularity of Western dietary patterns has led to an increase in the prevalence of obesity in Asian countries in recent years. The demand for advanced cosmetics and personal care products has also grown in line with the growing disposable income of consumers in developing Asian countries such as India and China. This is likely to be the major driver for the caprylic/capric triglycerides market in APAC. The increasing infant population in APAC is also likely to drive the demand for caprylic/capric triglycerides in infant nutrition products in APAC.
Caprylic/Capric Triglycerides Market Competitive Analysis:
Leading players in the global caprylic/capric triglycerides market include IOI Oleo GmbH, Croda International Plc, KLK Oleo, Oleon NV, BERG + SCHMIDT GmbH & Co., Ecogreen Oleochemicals, Oxiteno, and Peter Cremer North America. Several companies in the caprylic/capric triglycerides market are looking to establish larger production facilities and wider distribution networks over the forecast period in an effort to expand their reach in the global caprylic/capric triglycerides market.
Read More about Caprylic/Capric Triglycerides Market: https://www.marketresearchfuture.com/reports/caprylic-capric-triglycerides-market-5684
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: [email protected]/Capric Triglycerides Market Analysis
Caprylic/Capric Triglycerides (MCT Oil) market is segmented by region (country), players, by Type, and by Application.
Players, stakeholders, and other participants in the global Caprylic/Capric Triglycerides (MCT Oil) market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Caprylic/Capric Triglycerides (MCT Oil) market is segmented into:Coconut OilPalm OilDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/60369/global-china-capryliccapric-triglycerides-2026-288Segment by Application, the Caprylic/Capric Triglycerides (MCT Oil) market is segmented into:DetergentCosmeticHair CarePersonal CarePharmaceuticalsIndustrialRegional and Country-level Analysis:The Caprylic/Capric Triglycerides (MCT Oil) market is analysed and market size information is provided by regions (countries).The key regions covered in the Caprylic/Capric Triglycerides (MCT Oil) market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Caprylic/Capric Triglycerides (MCT Oil) Market Share Analysis:Caprylic/Capric Triglycerides (MCT Oil) market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
Market OverviewThe caprylic triglycerides are widely used as dietary supplements, infant nutrition, pharmaceuticals, cosmetic & personal care, sports drink, and others.
Food and beverage segment is dominating the global market.
Whereas, the cosmetic & personal care segment is anticipated to witness the highest growth during the forecast period 2017-2023.
The growing consciousness about health benefits along with the increasing demand for fat burning alternatives is contributing to the growth of the segment.The global caprylic triglycerides market is spanned across five regions of the world namely, Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa.
Asia Pacific holds the largest share of the global market and is projected to grow at a rapid rate.
According to the report published by the United Nations in 2017, over 190 million people in India are undernourished.
Caprylic/Capric Triglycerides - MARKET ADVISORY SERVICES
Caprylic/Capric Triglycerides (MCT Oil) also known as Medium Chain Triglycerides is gaining widespread attention in beauty, cosmetics, and personal use industries due to its oxidative stability and smooth texture.
Caprylic/Capric Triglycerides (MCT Oil) is produced by reacting coconut oil with glycerol through esterification.
MCT Oil is not oil; it is an ester which primarily contains the Caprylic and Capric medium chain triglycerides present in the coconut oil.
Growing demand for creams, soaps, and moisturizers is driving the Caprylic/Capric Triglycerides (MCT Oil) market globally.
Hence, Caprylic/Capric Triglycerides (MCT Oil) market is expected to grow during the forecast period due to its versatile benefits.
