Global Medium Chain Triglycerides (MCT) Market 2017-2021
About Medium Chain Triglycerides (MCT)
Medium chain triglyceride (MCT) is a dietary fat with shorter chain length compared to long chain triglycerides (LCT). Since they have shorter chains, MCT contains fewer calories and is absorbed more rapidly than LCTs.
Technavio’s analysts forecast the global medium chain triglycerides market to grow at a CAGR of 5.96% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global medium chain triglycerides market for 2017-2021. To calculate the market size, the report considers the revenue generated from MCT products which include oil as well as capsules.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Medium Chain Triglycerides Market 2017-2021
Technavio recognizes the following companies as the key players in the global medium chain triglycerides market: Croda, BASF, IOI Oleo, and Oleon.
Other Prominent Vendors in the market are: ABITEC, Acme-Hardesty, Dr.Straetmans, Emery Oleochemicals, Musim Mas, Lonza, and Stepan.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing awareness of lifestyle diseases. There has been a considerable change in the lifestyle and diet habits of individuals over the past two decades. Consumerism and urbanization are the major reasons for this shift, which is leading to high intake of artificial and synthetic food products. Thus, the lack of a balanced diet and sedentary lifestyle have resulted in the increased incidence of lifestyle diseases such as heart diseases, stroke, obesity, diabetes, and atherosclerosis.”
According to the report, one of the major drivers for this market is increased participation in sports and fitness activities. Sport and fitness activities play a significant role in promoting health and wellness among children and adults. Such activities, along with improving the physical fitness and health of an individual, are also an integral strategy for stemming childhood obesity, which is a critical health priority for countries such as the US, Mexico, New Zealand, Australia, Chile, and Hungary. The health benefits of physical activities include reduced risk of developing type 2 diabetes and metabolic disorders as well as improved metabolic health in youth.
Further, the report states that one of the major factors hindering the growth of this market is traditional or natural weight loss methods. With the increasing knowledge about health risks associated with overweight or obesity, people are making significant lifestyle changes to reduce weight and remain fit. Diet and exercise are the common approaches to reducing weight. The largest weight management markets are the US and Japan, where traditional weight loss approaches are opted increasingly.
Croda, BASF, IOI Oleo, Oleon, ABITEC, Acme-Hardesty, Dr.Straetmans, Emery Oleochemicals, Musim Mas, Lonza, and Stepan.