WILMINGTON, DE, UNITED STATES, October 25, 2024 /EINPresswire.com/ -- The global medium chain triglycerides market size was valued at $1.6 billion in 2021, and is estimated to reach $3 billion by 2031, growing at a CAGR of 6.6% from 2022 to 2031.
Rising consumer awareness of the benefits of MCT, as well as its increasing use for weight loss, has created enormous growth opportunities for MCT products which have led to an increase in the demand for medium chain triglycerides, contributing to the medium chain triglycerides market growth in the upcoming years.
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Medium-chain triglycerides market (MCTs) are dietary fats produced for their value as a healthier alternative to trans fats and are naturally found in some foods such as whole foods and dairy products. The chemical molecule known as triglycerides is made up of three fatty acids and a glycerol backbone. The number of carbon atoms in the aliphatic tail formed by these fatty acids determines the type of triglyceride, which can vary.
Rising health concerns about dietary supplements and safe pesticides are driving global demand for medium-chain triglycerides. Medium-chain triglycerides have a weight-management benefit. The medium-chain triglycerides market is being driven by cumulative demand from developing countries' food and beverage industries, as well as increasing demand for a variety of medium chain triglycerides products such as food, medical, and others, owing to high demand from end-use industries. Additionally, growing demand for MCT oil among health-conscious people due to its properties such as improving metabolism, fat burning, and providing energy, combined with changing food habits and rising awareness toward fitness and a healthy diet, is another important factor boosting global medium chain triglycerides market growth.
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The key players profiled in the medium chain triglycerides industry report include BASF SE, DuPont, Lonza Group Ltd., Croda International Plc, P&G Chemicals, Wilmar International Ltd., Stepan Company, Sternchemie GmbH & Co. KG, Koninklijke DSM N.V., and Emery Oleochemicals.
The report offers a comprehensive analysis of the global medium chain triglycerides market trends by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working toward the growth of the market. The report also sheds light on the present scenario and upcoming trends & developments that are contributing to the growth of the market. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with the Porter’s five forces analysis of the medium chain triglycerides market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and emergence of substitutes in the market.
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