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Showing posts with the label Medium Chain Triglycerides Industry

Medium Chain Triglycerides Market Segments and Key Trends Analysis by 2025

The increasing cases of obesity and growing demand of MCT products in the cosmetics industry are projected to drive the demand over the forecast period. The Global Medium Chain Triglycerides Market is expected to reach USD 2.46 billion by 2025, according to a new report by Grand View Research, Inc. The global industry is expected to witness a growth owing to its use as an excipient, which acts as a carrier or suspension medium for oil soluble antibiotics and drugs. Its applications as an antibacterial, antiviral or antifungal medicine and its ability to decrease cardiovascular disease and mortality risk are expected to drive the MCT market. Dietary and health supplements segment accounted for 59% of total demand in 2016 and is anticipated to gain share over the forecast period. The growing popularity of MCT oil among health-conscious population owing to its properties like improving metabolism, fat burning and providing energy is expected to steer the global market. North Amer