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Medium-chain Triglycerides Market Projected to reach USD 809.3 million by 2022, at a CAGR of 6.1% from 2017

Press Release   •   Jun 06, 2017 08:43 GMT

"Medium-chain Triglycerides Market Projected to reach USD 809.3 million by 2022, at a CAGR of 6.1% from 2017" published in June 2017. It is a professional and in-depth study.

Summary

Market Research Report Storeannounces a new report"Medium-chain Triglycerides Market "added to its database.The medium-chain triglycerides market is projected to reach USD 809.3 million by 2022, at a CAGR of 6.1% from 2017. The market is driven by factors such as rising demand for healthy and nutritious food, growing inclination of consumers toward healthy lifestyles, increasing demand for processed and convenience foods, and growing demand for innovative food & beverage products due to changing consumer trends. Factors such as high cost involved in R&D activities and production are restraining the market.

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“Caprylic acid segment led the medium-chain triglycerides market in 2016”

In 2016, the caprylic acid segment accounted for the largest share of 50.6% in the global market, in terms of fatty acid types, and is projected to follow the same trend during the forecast period. Since it is the basic ingredient in several food and nutraceutical products, an increase in global food consumption would subsequently lead to an increase in demand for caprylic acid.

“North America to lead the market in terms of market share between 2016 and 2022”

The market for medium-chain triglycerides in North America was the largest. The U.S. is estimated to dominate the market for medium-chain triglycerides globally as well as regionally.

The North American region was the largest in terms of consumption, owing to the increasing demand from applications such as detergents, surfactants, personal care, and food additive. Furthermore, the development in end-user industries is projected to fuel the consumption of caproic acid.

The breakdown of the primaries on the basis of company, designation, and region, conducted during the research study, is mentioned as follows:

By Company Type: Tier 1 - 47%, Tier 2 - 25%, and Tier 3 - 28%

By Designation: Director Level - 55%, C Level - 35%, and Others - 10%

By Region: Asia-Pacific - 45%, Europe - 30%, North America - 15%, and RoW - 10%

Key players are as follows:

The global medium-chain triglycerides market is dominated by key players such as Sternchemie GmbH & Co KG (U.S.), Emery Oleochemicals LLC (U.S.), KLK Oleo (Malaysia), BASF SE (Germany), Koninklijke DSM N.V (U.S.), Musim Mas Holdings Pte. Ltd. (Singapore), and Lonza Group Ltd. (Switzerland).

Research Coverage

Medium-chain triglycerides market, on the basis of type, includes caprylic acid, capric acid, caproic acid, and lauric acid. On the basis of source, the market is segmented into coconut, palm, and others (milk fats and vegetable fats). On the basis of application, the market is segmented into nutritional diet, infant formula, sport drinks, pharmaceuticals, personal care, and others (flavors, fragrances, and industrial). On the basis of form, the market is segmented into dry and liquid. By region, the market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

Reasons to buy this report

From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), and company profiles, which together comprise and discuss the basic views on the competitive landscape—emerging and high-growth segments of the global medium-chain triglycerides market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following:

  • Market Penetration: Comprehensive information on medium-chain triglycerides products offered by top players in the global market
  • Product Development/Innovation: Detailed insights on upcoming equipment products, technologies, research & development activities, and new product launches in the medium-chain triglycerides market
  • Market Development: Comprehensive information about lucrative emerging markets
  • Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global medium-chain triglycerides market
  • Competitive Assessment: In-depth assessment of market share, strategies, products, and manufacturing capabilities of leading players in the global medium-chain triglycerides market
  • TABLE OF CONTENTS

    1 INTRODUCTION 14

    1.1 OBJECTIVES OF THE STUDY 14

    1.2 MARKET DEFINITION 14

    1.3 MARKET SCOPE 15

    1.4 PERIODIZATION 16

    1.5 CURRENCY 16

    1.6 UNITS 16

    1.7 STAKEHOLDERS 17

    2 RESEARCH METHODOLOGY 18

    2.1 RESEARCH DATA 18

    2.1.1 SECONDARY DATA 19

    2.1.1.1 Key data from secondary sources 19

    2.1.2 PRIMARY DATA 20

    2.1.2.1 Key data from primary sources 20

    2.1.2.2 Key industry insights 21

    2.1.2.3 Breakdown of primaries 22

    2.2 MARKET SIZE ESTIMATION 22

    2.3 MARKET BREAKDOWN & DATA TRIANGULATION 25

    2.4 ASSUMPTIONS AND LIMITATIONS 26

    2.4.1 ASSUMPTIONS 26

    2.4.2 LIMITATIONS 27

    3 EXECUTIVE SUMMARY 28

    4 PREMIUM INSIGHTS 33

    4.1 ATTRACTIVE OPPORTUNITIES IN THE MEDIUM-CHAIN TRIGLYCERIDES MARKET 33

    4.2 MEDIUM-CHAIN TRIGLYCERIDES MARKET, BY KEY COUNTRY 34

    4.3 ASIA-PACIFIC MEDIUM-CHAIN TRIGLYCERIDES MARKET, BY COUNTRY AND SOURCE 35

    4.4 MEDIUM-CHAIN TRIGLYCERIDES MARKET, BY APPLICATION 36

    4.5 LIFE CYCLE ANALYSIS 37

    5 MARKET OVERVIEW 38

    5.1 INTRODUCTION 38

    5.2 MARKET DYNAMICS 38

    5.2.1 DRIVERS 39

    5.2.1.1 Increasing incorporation of medium-chain triglycerides as an alternative to regular fats in diets 39

    5.2.1.2 Increasing health concerns of consumers 39

    5.2.1.3 Natural and safe nature of ingredients 39

    5.2.1.4 Increasing number of applications 40

    5.2.2 RESTRAINTS 40

    5.2.2.1 Availability of substitutes 40

    5.2.2.2 Not suitable for patients with certain medical conditions 40

    5.2.3 OPPORTUNITIES 40

    5.2.3.1 Growing demand in emerging economies 40

    5.2.4 CHALLENGES 41

    5.2.4.1 Fluctuating prices of raw material and increasing technology costs 41

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    Market Research Report Store

    About Market Research Report Store

    Market Research Report Store is one of the most fast-growing and professional online platforms for industry reports, market reports, and professional surveys. Our collection covers more than 100 global markets. We have cooperated with leading publishers and consultant companies to offer the best market intelligence products to our clients with instant access to our database.

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