San Francisco, 19 March 2019: The Report Medium Chain Triglycerides (MCT) Market Analysis By Application (Personal Care
& Cosmetics, Pharmaceuticals, Dietary & Health Supplements), By Region,
Competitive Strategies, And Segment Forecasts, 2018 - 2025
The global medium chain triglycerides market is expected to reach USD 2.46 billion by 2025, according
to a new report by Grand View Research, Inc. The increasing cases of obesity
and growing demand of MCT products in the cosmetics industry are projected to
drive the demand over the forecast period.
The global industry is expected to witness
a growth owing to its use as an excipient, which acts as a carrier or
suspension medium for oil soluble antibiotics and drugs. Its applications as an
antibacterial, antiviral or antifungal medicine and its ability to decrease
cardiovascular disease and mortality risk are expected to drive the MCT market.
Dietary and health supplements segment
accounted for 59% of total demand in 2016 and is anticipated to gain share over
the forecast period. The growing popularity of MCT oil among health-conscious
population owing to its properties like improving metabolism, fat burning and
providing energy is expected to steer the global market.
Access Research Report of Medium Chain Triglycerides Market @ http://www.grandviewresearch.com/industry-analysis/medium-chain-triglycerides-mct-market
Further key findings from the report suggest:
· The global medium chain triglycerides
demand was 271 kilo tons in 2016 and is estimated to grow at a CAGR of 6.1% to
reach a total volume exceeding 430.0 kilo tons by 2025
· The personal care segment accounted for
over 8% of the total demand in 2016 and is anticipated to grow at a CAGR of
5.6% from 2016 to 2025
· The pharmaceuticals segment in the U.S. was
valued over USD 94.2 million in 2016 and is accounted for over 27% of the total
revenue in the country
· North America emerged as the largest
consumer and is estimated to raise the demand for MCT to over 155 Kilo tons by
2025
· Asia Pacific is the fastest growing market
and is projected to account for over 20% of the total revenue by 2025
· Europe is anticipated to occupy a volume
share of over 15% by 2025 at a CAGR of 4.4% over the next eight years
· The Brazil medium chain triglycerides
market generated revenue worth of USD 127 million in 2016 and is anticipated to
grow at a CAGR of 7.1% by 2025
· Owing to the growing demand for specific
and multifunctional products the industry players have been forced to focus
towards consumer specific product positioning strategies for higher penetration
in the local markets
· Key industry participants include BASF,
Wilmar International Ltd, Stepan Company, Sternchemie Lipid Technology, Jarrow
formulas, Lonza, KLK Oleo, etc.
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/renewable-chemicals
Grand View Research has
segmented the global medium chain triglycerides market on the basis of
application and region:
MCT Application Outlook (Volume, Kilotons;
Revenue, USD Million, 2014 - 2025)
·
Personal care
·
Pharmaceuticals
·
Dietary and healthcare supplements
·
Others
MCT Regional Outlook (Volume, Kilotons;
Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Middle East and Africa
·
Central & South America
Access Press Release of
Medium Chain Triglycerides Market@ https://www.grandviewresearch.com/press-release/global-medium-chain-triglycerides-mct-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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