Market Size – USD 637.0 Million in 2018, Market Growth – CAGR of 5.9%, Market Trends – The elevating use of Medium Chain Triglycerides in personal care & cosmetic products
The Global Medium Chain Triglycerides market is forecast to reach USD 1.07 Billion by 2027, according to a new report by Reports and Data. Fats that are derived by processing palm kernel and coconut oils may be referred to as Medium Chain Triglycerides (MCTs). MCTs can be considered as a man-made fat. Its unique functional and metabolic properties are the result of its chemical structure that makes it a versatile ingredient in various food, flavor, and pharmaceutical applications. One of its major use is manufacturing MCT oil, which is a supplement made from these fats, which have a high concentration of MCTs. MCTs are considered to be highly beneficial in weight loss in various ways. In one study, it was stated that these manmade fat increases leptin and peptide YY. These two hormones increase feelings of fullness and minimize appetite
The key players dominating the industry are thoroughly assessed in the report along with their market and geographical reach and their production and manufacturing capacities. The report also offers key insights into the intense competitive scenario and offers strategic recommendations to established companies and new entrants to help them overcome barriers. It also focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and product launches and brand promotions among others.
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Key participants include E.I. Dupont De Nemours and Company, BASF SE, Lonza Group Ltd, Koninklijke DSM N.V., Croda International PLC, Musim Mas Holdings, The Procter & Gamble Company, Wilmar International Limited, Acme-Hardesty Co. Inc., Sternchemie GmbH & Co Kg and Nutiva.
Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented the global Medium Chain Triglycerides market according to Source, Grade, Fatty Acid Type, Form, Application, and Region:
Source Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
Grade Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
Fatty Acid Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
Form Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
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Objectives of the Medium Chain Triglycerides Market Report:
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