The global medium chain triglycerides market was valued at $763 million in 2021, and is projected to reach $1,034 million by 2026, growing at a CAGR of 6.3% from 2021 to 2026. Due to the rising demand for MCT oil in dietary supplements and functional foods, as well as the rising public awareness of the health advantages of MCT, the medium chain triglycerides (MCT) market is expanding significantly. Coconut oil, palm oil, and dairy products all include MCTs, a kind of saturated fatty acid. MCTs are metabolised differently and are quickly absorbed by the body than long-chain fatty acids, which has increased their appeal as an ingredient in energy bars, sports drinks, and weight-loss supplements.
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A medium chain triglycerides market report typically covers the following aspects:
Market Segmentation: The market is segmented by product type, application, and geography. Product types include MCT oil, powder, and cream. Applications include food and beverages, dietary supplements, cosmetics, and others. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Market Overview: This section provides an overview of the market, including market size, growth rate, and market trends.
Market Dynamics: This section covers key market drivers, restraints, opportunities, and challenges that are impacting the market.
Competitive Landscape: This section provides an overview of the competitive landscape of the medium chain triglycerides market, including market share analysis and profiles of major players operating in the market.
Company Profiles: This section provides detailed information about major players operating in the market, including company overview, product offerings, financial performance, and recent developments
The Asia Pacific region dominated the market and is projected to grow at a significant CAGR of 8.4% by 2026
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 market such as caprylic, capric, and lauric triglycerides in the region. China, India, and Japan are the leading consuming countries of medium chain triglycerides. With busy lifestyles and increasing disposable incomes, the demand for nutritional food & products is growing in the region. Moreover, the growing use of personal care & cosmetics products such as lotions, gels, creams and cosmetics products for women are fueling the growth of the market in the Asia Pacific region.
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The nutritional supplements segment by application dominated the market, with a share of 25.9%
The nutritional supplements segment accounted for the major share of 25.9% in 2020, with a total value of USD 186.5 million. Medium-chain triglycerides aid in weight loss by reducing calorie intake and fat storage and increasing fullness, calorie burning, and ketone levels on low-carb diets.
Medium-chain triglycerides have numerous health benefits, ranging from better weight management to improved cognitive functioning. Saturated fats and MCTs are good for consumption on daily basis; they help in reducing the risks associated with hormone imbalances, weight gain, gut problems, and cognitive disorders. They also support maintenance of healthy gut environment. MCTs are digested more rapidly than long chain triglycerides. It supports in reducing stored body fat by raising metabolic function and helps in better digestion and gives more energy. MCTs are not stored in fat deposits in the body as much as LCTs.
