A recent report published by Infinium Global Research on medium-chain triglycerides market provides an in-depth analysis of segments and sub-segments in the global as well as regional medium-chain triglycerides market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional medium-chain triglycerides market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global medium-chain triglycerides market. According to the report, the global medium-chain triglycerides market is projected to grow at a CAGR of 6.59% over the forecast period of 2019-2025.
Medium chain triglycerides are lipid molecules containing medium chain fats. They have unique significant characteristics of digestion, absorption, and oxidation. Adding to this, they are the fastest source of energy and does not get stored in the body like other fats. Medium chain triglycerides are naturally obtained from coconut oil, palm oil, and dairy products and used in the management of gastrointestinal disorders. Medium chain triglycerides products promote weight loss, provides an instant source of energy and reduce the risk of heart diseases, cholesterol, diabetes, and blood pressure. Additionally, this helps in the management of neurological diseases like Alzheimer’s disease, Autism, and epilepsy. Medium chain triglycerides are also used for the manufacturing of products such as nutrition supplement, fitness products, energy drinks, cosmetic care, and personal care.
Growing incidences of obesity across the globe drive the growth of the medium chain triglycerides market. Globally, the major cause of cardiovascular diseases is obesity. According to WHO, in 2016, 1.9 billion people were overweight and 650 million were obese hence they are estimated to be high on risk of heart disorders. Apart from this, growing awareness among people associated with dietary supplements is another factor promoting the growth of the same. Furthermore, medium chain triglycerides products are capable of healing inflammation of internal organs naturally. Development of industries manufacturing these products naturally in the healthcare sector is increasing rapidly and contributing to the growth of the medium chain triglycerides market. Approvals from regulatory bodies on these products are pending as the laws are stringent on dietary products is restraining the growth market. Rising awareness and need of the natural product in the market is estimated to provide an opportunity in the medium chain triglycerides market in the forecast period.
Amongst the geographies, North America is holding the largest share in the growth of the medium chain triglycerides market. The U.S. has a maximum obese population in the world giving rise to the need for fitness products thereby leading the growth of medium chain triglycerides market. Europe is the second largest region growing in medium chain triglycerides market. The Asia Pacific is the fastest growing region in the growth of the medium chain triglycerides market. The growing population and increasing awareness about the benefits of medium chain triglycerides market add a need for a healthy lifestyle which leads to the growth of the medium chain triglycerides market.
The report on global medium-chain triglycerides market covers segments such as product type, form, source, and application. On the basis of product type, the sub-markets include capric acid, lauric acid, heptanoic acid, caprylic acid, caproic acid, and nonanoic acid. On the basis of form, the sub-markets include the liquid form and dry form. On the basis of source, the sub-markets include palm, coconut, and others. On the basis of application, the sub-markets include pharmaceuticals, nutritional diet, infant formula, personal care, and others.
The report provides profiles of the companies in the market such as ABITEC Corporation, Croda International Plc, BASF SE, Connoils LLC, Sternchemie GmbH & Co. KG, Stepan Company, Wilmar International Limited, KLK OLEO, Acme-Hardesty Co., Inc, and Musim Mas Holdings Pte. Ltd.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of medium-chain triglycerides market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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