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Medium-chain Triglycerides (Lauric Acid, Caprylic Acid, Caproic Acid And Capric Acid) Market For Food, Medical And Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 - 2020

Published: Feb-2016 | Format: PDF | Zion | Number of pages: 110 | Code: MRS - 46560


The report covers forecast and analysis for the medium-chain triglycerides market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based revenue (Kilo Tons) (USD Billion). The study includes drivers and restraints for the medium-chain triglycerides market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the medium-chain triglycerides market on a global level.

In order to give the users of this report a comprehensive view on the medium-chain triglycerides market. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the medium-chain triglycerides market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the medium-chain triglycerides market by segmenting the market based on product, application and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Based on product the market is segmented into lauric acid, caprylic acid, caproic acid and capric acid. Key applications segment include food, medical and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil.

The report also includes detailed profiles of end players such as Cremer, Elementis, Oleon, Stepan, Basf, Klk Oleo, Croda, Emery, Musim Mas, Britz, Dr.Straetmans, Acme-Hardesty, Lonza, Magna-Kron, Avicpharmaceutical, Wumei Etc.. The detailed description of players includes parameters such as company overview, financial overview, business and recent developments of the company.

This report segments the global medium-chain triglycerides market as follows:

Global Medium-chain Triglycerides Market: Product Segment Analysis

  • Lauric acid
  • caprylic acid
  • caproic acid
  • capric acid

Global Medium-chain Triglycerides Market: Application Segment Analysis

  • Food
  • Medical
  • Others

Global Medium-chain Triglycerides Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK 
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa
  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global medium-chain triglycerides market, 2014 - 2020 (Kilo Tons) (USD Billion)
    • 2.2. Global medium-chain triglycerides market : Snapshot
  • Chapter 3. Medium-Chain Triglycerides – Market Dynamics
    • 3.1. Introduction
    • 3.2. Value chain analysis
    • 3.3. Market drivers
      • 3.3.1. Global medium-chain triglycerides market drivers: Impact analysis
      • 3.3.2. Increasing Demand In Food Industry
    • 3.4. Market restraints
      • 3.4.1. Global medium-chain triglycerides market restraints: Impact analysis
      • 3.4.2. Volatile Raw Material Prices
    • 3.5. Opportunities
      • 3.5.1. Rising Popularity Of MCT
    • 3.6. Porter’s five forces analysis
      • 3.6.1. Bargaining power of suppliers
      • 3.6.2. Bargaining power of buyers
      • 3.6.3. Threat from new entrants
      • 3.6.4. Threat from new substitutes
      • 3.6.5. Degree of competition
    • 3.7. Market attractiveness analysis
      • 3.7.1. Market attractiveness analysis, by product segment
      • 3.7.2. Market attractiveness analysis, by application segment
      • 3.7.3. Market attractiveness analysis, by regional segment
  • Chapter 4. Global Medium-Chain Triglycerides Market – Competitive Landscape
    • 4.1. Company market share, 2014
    • 4.2. Price trend analysis
  • Chapter 5. Global Medium-Chain Triglycerides Market – Product Segment Analysis
    • 5.1. Global medium-chain triglycerides market: Product overview
      • 5.1.1. Global medium-chain triglycerides market revenue share, by product, 2014 and 2020
    • 5.2. Lauric Acid
      • 5.2.1. Global lauric acid market , 2014 – 2020 (Kilo Tons) (USD Billion)
    • 5.3. Caprylic Acid
      • 5.3.1. Global caprylic acid market, 2014 – 2020 (Kilo Tons) (USD Billion)
    • 5.4. Caproic Acid
      • 5.4.1. Global caproic acid market, 2014 – 2020 (Kilo Tons) (USD Billion)
    • 5.5. Capric Acid
      • 5.5.1. Global capric acid market, 2014 – 2020 (Kilo Tons) (USD Billion)
  • Chapter 6. Global Medium-Chain Triglycerides Market – Application Segment Analysis
    • 6.1. Global medium-chain triglycerides market: Product overview
      • 6.1.1. Global medium-chain triglycerides market revenue share, by product, 2014 and 2020
    • 6.2. Food
      • 6.2.1. Global medium-chain triglycerides market for food, 2014 – 2020 (Kilo Tons) (USD Billion)
    • 6.3. Medical
      • 6.3.1. Global medium-chain triglycerides market for medical, 2014 – 2020 (Kilo Tons) (USD Billion)
    • 6.4. Others
      • 6.4.1. Global medium-chain triglycerides market for other applications, 2014 – 2020 (Kilo Tons) (USD Billion)
  • Chapter 7. Global Medium-Chain Triglycerides Market – Regional Segment Analysis
    • 7.1. Global medium-chain triglycerides market: Regional overview
      • 7.1.1. Global medium-chain triglycerides market volume share, by region, 2014 and 2020
    • 7.2. North America
      • 7.2.1. North America medium-chain triglycerides market volume, by product, 2014 – 2020, (Kilo Tons)
      • 7.2.2. North America medium-chain triglycerides market revenue, by product, 2014 – 2020 , (USD Million)
      • 7.2.3. North America medium-chain triglycerides market volume, by application, 2014 – 2020 (Kilo Tons)
      • 7.2.4. North America medium-chain triglycerides market revenue, by application, 2014 – 2020 (USD Million)
      • 7.2.5. U.S.
        • 7.2.5.1. U.S. medium-chain triglycerides market volume, by product, 2014 – 2020 (Kilo Tons)
        • 7.2.5.2. U.S. medium-chain triglycerides market revenue, by product, 2014 – 2020 (USD Million)
        • 7.2.5.3. U.S. medium-chain triglycerides market volume, by application, 2014 – 2020 (Kilo Tons)
        • 7.2.5.4. U.S. medium-chain triglycerides market revenue, by application, 2014 – 2020 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe medium-chain triglycerides market volume, by product, 2014 – 2020 (Kilo Tons)
      • 7.3.2. Europe medium-chain triglycerides market revenue, by product, 2014 – 2020 (USD Million)
      • 7.3.3. Europe medium-chain triglycerides market volume, by application, 2014 – 2020 (Kilo Tons)
      • 7.3.4. Europe medium-chain triglycerides market revenue, by application, 2014 – 2020 (USD Million)
      • 7.3.5. Germany
        • 7.3.5.1. Germany medium-chain triglycerides market volume, by product, 2014 – 2020, (Kilo Tons)
        • 7.3.5.2. Germany medium-chain triglycerides market revenue, by product, 2014 – 2020, (USD Million)
        • 7.3.5.3. Germany medium-chain triglycerides market volume, by application, 2014 – 2020, (Kilo Tons)
        • 7.3.5.4. Germany medium-chain triglycerides market revenue, by application, 2014 – 2020, (USD Million)
      • 7.3.6. France
        • 7.3.6.1. France medium-chain triglycerides market volume, by product, 2014 – 2020, (Kilo Tons)
        • 7.3.6.2. France medium-chain triglycerides market revenue, by product, 2014 – 2020, (USD Million)
        • 7.3.6.3. France medium-chain triglycerides market volume, by application, 2014 – 2020, (Kilo Tons)
        • 7.3.6.4. France medium-chain triglycerides market revenue, by application, 2014 – 2020, (USD Million)
      • 7.3.7. UK
        • 7.3.7.1. UK medium-chain triglycerides market volume, by product, 2014 – 2020 (Kilo Tons)
        • 7.3.7.2. UK medium-chain triglycerides market revenue, by product, 2014 – 2020 (USD Million)
        • 7.3.7.3. UK medium-chain triglycerides market volume, by application, 2014 – 2020 (Kilo Tons)
        • 7.3.7.4. UK medium-chain triglycerides market revenue, by application, 2014 – 2020 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific medium-chain triglycerides market volume, by product, 2014 – 2020 (Kilo Tons)
      • 7.4.2. Asia Pacific medium-chain triglycerides market revenue, by product, 2014 – 2020 (USD Million)
      • 7.4.3. Asia Pacific medium-chain triglycerides market volume, by application, 2014 – 2020, (Kilo Tons)
      • 7.4.4. Asia Pacific medium-chain triglycerides market revenue, by application, 2014 – 2020, (USD Million)
      • 7.4.5. China
        • 7.4.5.1. China medium-chain triglycerides market volume, by product, 2014 – 2020 (Kilo Tons)
        • 7.4.5.2. China medium-chain triglycerides market revenue, by product, 2014 – 2020 (USD Million)
        • 7.4.5.3. China medium-chain triglycerides market volume, by application, 2014 – 2020 (Kilo Tons)
        • 7.4.5.4. China medium-chain triglycerides market revenue, by application, 2014 – 2020 (USD Million)
      • 7.4.6. Japan
        • 7.4.6.1. Japan medium-chain triglycerides market volume, by product, 2014 – 2020 (Kilo Tons)
        • 7.4.6.2. Japan medium-chain triglycerides market revenue, by product, 2014 – 2020 (USD Million)
        • 7.4.6.3. Japan medium-chain triglycerides market volume, by application, 2014 – 2020 (Kilo Tons)
        • 7.4.6.4. Japan medium-chain triglycerides market revenue, by application, 2014 – 2020 (USD Million)
      • 7.4.7. India
        • 7.4.7.1. India medium-chain triglycerides market volume, by product, 2014 – 2020 (Kilo Tons)
        • 7.4.7.2. India medium-chain triglycerides market revenue, by product, 2014 – 2020 (USD Million)
        • 7.4.7.3. India medium-chain triglycerides market volume, by application, 2014 – 2020 (Kilo Tons)
        • 7.4.7.4. India medium-chain triglycerides market revenue, by application, 2014 – 2020 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America medium-chain triglycerides market volume, by product, 2014 – 2020 (Kilo Tons)
      • 7.5.2. Latin America medium-chain triglycerides market revenue, by product, 2014 – 2020 (USD Million)
      • 7.5.3. Latin America medium-chain triglycerides market volume, by application, 2014 – 2020 (Kilo Tons)
      • 7.5.4. Latin America medium-chain triglycerides market revenue, by application, 2014 – 2020 (USD Million)
      • 7.5.5. Brazil
        • 7.5.5.1. Brazil medium-chain triglycerides market volume, by product, 2014 – 2020 (Kilo Tons)
        • 7.5.5.2. Brazil medium-chain triglycerides market revenue, by product, 2014 – 2020 (USD Million)
        • 7.5.5.3. Brazil medium-chain triglycerides market volume, by application, 2014 – 2020 (Kilo Tons)
        • 7.5.5.4. Brazil medium-chain triglycerides market revenue, by application, 2014 – 2020 (USD Million)
    • 7.6. Middle East and Africa
      • 7.6.1. Middle East and Africa medium-chain triglycerides market volume, by product, 2014 – 2020 (Kilo Tons)
      • 7.6.2. Middle East and Africa medium-chain triglycerides market revenue, by product, 2014 – 2020 (USD Million)
      • 7.6.3. Middle East and Africa medium-chain triglycerides market volume, by application, 2014 – 2020 (Kilo Tons)
      • 7.6.4. Middle East and Africa medium-chain triglycerides market revenue, by application, 2014 – 2020 (USD Million)
  • Chapter 8. Company Profile
    • 8.1. Croda
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Stepan Company
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Klk Oleo
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. BASF
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Acme-Hardesty,
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. DR.STRAETMANS
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. LONZA
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Avicpharmaceutical
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Wumei
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. Musim Mas
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments

List of Tables

1. Medium-chain triglycerides market: Market snapshot                                                            
2. Drivers of global medium-chain triglycerides market: Impact analysis
3. Restraints of global medium-chain triglycerides market: Impact analysis
4. North America medium-chain triglycerides market volume, by product, 2014 - 2020 (Kilo Tons)
5. North America medium-chain triglycerides market revenue, by product, 2014 - 2020 (USD Million)
6. North America medium-chain triglycerides market volume, by application, 2014 - 2020 (Kilo Tons)
7. North America medium-chain triglycerides market revenue, by application, 2014 - 2020 (USD Million)
8. U.S. medium-chain triglycerides market volume, by product, 2014 - 2020 (Kilo Tons)
9. U.S medium-chain triglycerides market revenue, by product, 2014 - 2020 (USD Million)
10. U.S medium-chain triglycerides market volume, by application, 2014 - 2020 (Kilo Tons)
11. U.S medium-chain triglycerides market revenue, by application, 2014 - 2020 (USD Million)
12. Europe medium-chain triglycerides market volume, by product, 2014 - 2020 (Kilo Tons)
13. Europe medium-chain triglycerides market revenue, by product, 2014 - 2020 (USD Million)
14. Europe medium-chain triglycerides market volume, by application, 2014 - 2020 (Kilo Tons)
15. Europe medium-chain triglycerides market revenue, by application, 2014 - 2020 (USD Million)
16. Germany medium-chain triglycerides market volume, by product, 2014 - 2020 (Kilo Tons)
17. Germany medium-chain triglycerides market revenue, by product, 2014 - 2020 (USD Million)
18. Germany medium-chain triglycerides market volume, by application, 2014 - 2020 (Kilo Tons)
19. Germany medium-chain triglycerides market revenue, by application, 2014 - 2020 (USD Million)
20. France medium-chain triglycerides market volume, by product, 2014 - 2020 (Kilo Tons)
21. France medium-chain triglycerides market revenue, by product, 2014 - 2020 (USD Million)
22. France medium-chain triglycerides market volume, by application, 2014 - 2020 (Kilo Tons)
23. France medium-chain triglycerides market revenue, by application, 2014 - 2020 (USD Million)
24. UK medium-chain triglycerides market volume, by product, 2014 - 2020 (Kilo Tons)
25. UK medium-chain triglycerides market revenue, by product , 2014 - 2020 (USD Million)
26. UK medium-chain triglycerides market volume, by application, 2014 - 2020 (Kilo Tons)
27. UK medium-chain triglycerides market revenue, by application, 2014 - 2020 (USD Million)
28. Asia Pacific medium-chain triglycerides market volume, by product, 2014 - 2020 (Kilo Tons)
29. Asia Pacific medium-chain triglycerides market revenue, by product 2014 - 2020 (USD Million)
30. Asia Pacific medium-chain triglycerides market volume, by application, 2014 - 2020 (USD Million)
31. Asia Pacific medium-chain triglycerides market revenue, by application, 2014 - 2020 (USD Million)
32. China medium-chain triglycerides market volume, by product, 2014 - 2020 (Kilo Tons)
33. China medium-chain triglycerides market revenue, by product, 2014 - 2020 (USD Million)
34. China medium-chain triglycerides market volume, by application, 2014 - 2020 (Kilo Tons)
35. China medium-chain triglycerides market revenue, by application, 2014 - 2020 (USD Million)
36. Japan medium-chain triglycerides market volume, by product, 2014 - 2020 (Kilo Tons)
37. Japan medium-chain triglycerides market revenue, by product, 2014 - 2020 (USD Million)
38. Japan medium-chain triglycerides market volume, by application, 2014 - 2020 (Kilo Tons)
39. Japan medium-chain triglycerides market revenue, by application, 2014 - 2020 (USD Million)
40. India medium-chain triglycerides market volume, by product, 2014 - 2020 (Kilo Tons)
41. India medium-chain triglycerides market revenue, by product, 2014 - 2020 (USD Million)
42. India medium-chain triglycerides market volume, by application, 2014 - 2020 (Kilo Tons)
43. India medium-chain triglycerides market revenue, by application, 2014 - 2020 (USD Million)
44. Latin America medium-chain triglycerides market volume, by product, 2014 - 2020 (Kilo Tons)
45. Latin America medium-chain triglycerides market revenue, by product - 2020 (USD Million)
46. Latin America medium-chain triglycerides market volume, by application, 2014 - 2020 (Kilo Tons)
47. Latin America medium-chain triglycerides market revenue, by application, 2014 - 2020 (USD Million)
48. Brazil medium-chain triglycerides market volume, by product, 2014 - 2020 (Kilo Tons)
49. Brazil medium-chain triglycerides market revenue, by product - 2020 (USD Million)
50. Brazil medium-chain triglycerides market volume, by application, 2014 - 2020 (Kilo Tons)
51. Brazil medium-chain triglycerides market revenue, by application, 2014 - 2020 (USD Million)
52. Middle East and Africa medium-chain triglycerides market volume, by product, 2014 - 2020 (Kilo Tons)
53. Middle East and Africa medium-chain triglycerides market revenue, by product - 2020 (USD Million)
54. Middle East and Africa medium-chain triglycerides market volume, by application, 2014 - 2020 (Kilo Tons)
55.  Middle East and Africa medium-chain triglycerides market revenue, application, 2014 - 2020 (USD Million)


List of Figures

1. Market research process
2. Market research methodology
3. Global medium-chain triglycerides market revenue, 2014 - 2020 (Kilo Tons) (USD Billion)
4. Porter’s five forces analysis
5. Medium-chain triglycerides: Market attractiveness analysis, by product segment
6. Medium-chain triglycerides: Market attractiveness analysis, by application segment
7. Medium-chain triglycerides: Market attractiveness analysis, by regional segment
8. Company market share analysis, 2014 and 2020
9. Global medium-chain triglycerides market revenue share by product, 2014 and 2020
10. Global lauric acid market, 2014 – 2020 (Kilo Tons) (USD Billion)
11. Global caprylic acid market, 2014 – 2020 (Kilo Tons) (USD Billion)
12. Global caproic acid market, 2014 – 2020 (Kilo Tons) (USD Billion)
13. Global caproic acid market, 2014 – 2020 (Kilo Tons) (USD Billion)
14. Global medium-chain triglycerides market revenue share by application, 2014 and 2020
15. Global medium-chain triglycerides market for food, 2014 – 2020 (Kilo Tons) (USD Billion)
16. Global medium-chain triglycerides market for medical, 2014 – 2020 (Kilo Tons) (USD Billion)
17. Global medium-chain triglycerides market for other applications, 2014 – 2020 (Kilo Tons) (USD Billion)

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Zion Research uses the synergy of combination of both primary research and secondary research for its research reports. For this study, we have conducted extensive primary research, wherein we have conducted in-depth interviews of the key opinion leader of this industry. Primary research make up for the biggest chunk of our data sources in addition to secondary research.

We referred to product literature of leading industry participants, annual reports, press releases, government publications, and other relevant sources for data collection and analysis thereof. Secondary research also includes a search of recent trade journals, technical writing, internet sources, and statistical data from government websites, trade associations and agencies.  

Zion Research has collected key data related to the Medium chain triglycerides and analyzed these data using a variety of methods. The market dynamics have been ascertained following a detailed study of the micro, meso, and macroeconomic indicators of the market.

This report is based on in-depth qualitative and quantitative analyses of the Global Medium chain triglycerides Market . The quantitative analysis involved the application of various projection and sampling techniques. The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions.

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically partake in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Based on the research results and technical insights thus gathered, Zion research analysts have provided a comprehensive analysis of the varied aspects of the market. The impact of global economic conditions and other macroeconomic indicators was also considered when assessing the market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Medium chain triglycerides (MCTs) are fatty acids in which saturated fats are bound to a glycerol backbone. MCTs are found naturally in milk-fat, palm oil and coconut oil and are obtained through lipid fractionation from coconut oil. MCTs are a colorless or slightly yellowish, oily liquid, practically insoluble in water, and are miscible with alcohol, methylene chloride, light petroleum, and fatty oils. MCTs offer a ready source of energy hence it became more popular in sports world as a great alternative for normal fats or oils in the diet. 

MCT market is mainly driven by increasing demand from food & beverage industry in developing countries and simultaneously increasing demand of variety of MCT products such as capric acid. Rise in demand for MCT products from such as food, medical and others is mainly due to the huge demand from growth in end-user industries. Additionally, the rapidly expanding market of personal care is also expected to surge demand for MCT in the years to come. The rising individual income of the population demands for dietary products and medical facilities, this factor boost the MCT market. Availability of new source of raw material is expected to have positive impact on growth of this market.

Medium chain Triglycerides MarketBased on products, MCT market has been segmented into lauric acid, caprylic acid, caproic acid and capric acid. Capric acid product is leading segment of MCT market and its production capacity was over 60 kilo tons per annum in 2014. Caprylic acid is another key product segment has expected to receive robust boost throughout the forecast period. Lauric acid and caproic acid are expected to exhibit moderate growth rate over the forecast period.

The MCT market is segmented on the basis of different key application such as food, medical and others. The food application segment dominated the market with largest share of the total market in 2014. Medical was another leading segment of the MCT market in 2014, and is expected to expand at a decent pace during the forecast period. This growth can be attributed to rising health concerns associated with safe pesticides and dietary supplements.

Asia Pacific held the largest share of the market for MCT in 2014. Growth in the region is ascribed to rising demand from food & beverage and other industries. Demand for MCT in the Asia Pacific is estimated to be primarily driven by increase in consumption of MCT in China, India and countries in ASEAN. Europe, Latin America and Middle East & Africa are also expected to experience significant growth of MCT market in the years to come.

Some of the key Players  Cremer, Elementis, Oleon, Stepan, Basf, Klk Oleo, Croda, Emery, Musim Mas, Britz, Dr.Straetmans, Acme-Hardesty, Lonza, Magna-Kron, Avicpharmaceutical, Wumei Etc.

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