According to the research report titled, ‘Global Medium-Chain Triglycerides Market Size, Share and Industry Analysis Report by Source (Coconut, Palm) and Application (Nutritional Supplements, Food & Beverage, Pharmaceutical, and Cosmetics & Personal Care), Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global medium-chain triglycerides market are estimated to record robust growth by the year 2027.

Rising health concerns, growing nutritional supplements demand and improving awareness regarding ketogenic diet are some of the essential factors driving the growth of the global medium-chain triglycerides market.

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For those unaware, medium-chain triglycerides (MCTs) are dietary supplements that induce ketosis without necessitating the ketogenic diet or intermittent fasting as well as have the potential to delay the progression of neurodegenerative disorders like Alzheimer's disease. MCTs can potentially reduce subcutaneous fat tissue and lower appetite by absorbing itself in the intestine and undergoing rapid oxidation to give energy and hence, has resulted in increased product penetration across the globe.

The report published on the Epilepsia study claims that MCTs are safe and could offer people a management solution with new mechanisms for people suffering from epilepsy that do not involve cognitive side effects which are commonly linked with antiseizure drugs (ASDs).By source type, the market is bifurcated into palm, coconut, and others segment.

The application landscape of this business space involves nutritional supplements, pharmaceuticals, food & beverages, cosmetic & personal care, and others (aromatherapy, animal feed, oral care, etc.) Among these, the others segment is expected to witness a CAGR of 5% through 2026, owing to the growing research on MCTs.

Regionally, Latin America medium-chain triglycerides industry share is expected to witness 5.4% CAGR through 2027. The Middle East & Africa market size is also projected to record 4.9% CAGR through the forecast timeline.

The competitive landscape of the global medium-chain triglycerides market is defined by companies such as BASF SE, Lonza Group AG, Croda International plc, DuPont de Nemours Inc., Acme-Hardesty Co., Sternchemie GmbH & Co. KG, P&G Chemicals, Stepan Company, and KLK Oleo.