Caprylic/Capric Triglycerides Market size is forecast to reach $859.50 million by 2025, after growing at a CAGR of 6.2% during 2020-2025. Caprylic/Capric Triglycerides also known as MCT Oil or Medium Chain Triglycerides is gaining widespread attention in beauty, cosmetics, and personal use industries due to its oxidative stability and smooth texture. Caprylic/Capric Triglycerides is produced by reacting coconut oil with glycerol through esterification. Caprylic/Capric Triglycerides is a clear, colorless and virtually odorless liquid that dispenses quickly at room temperature as compared to its raw material coconut oil which is solid at room temperature.

Key Takeaways

Asia-Pacific is expected to dominate the global market during the forecast period.

Caprylic/Capric Triglycerides is a preferred ingredient in food & beverages product due it is longer shelf-life, minimum toxicity, and as a safe ingredient.

The growing demand for skin and personal care products is expected to surge the market growth.

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Geography- Segment Analysis

Asia Pacific dominated the caprylic/capric triglycerides market with a share of more than 40%, followed by North America and Europe. Countries like India and China have shown significant growth in cosmetic consumption; India is the most growing cosmetic market in the world is likely to become next home of many international caprylic/capric triglycerides producers during the forecast period.

Drivers – Caprylic/Capric Triglycerides Market :

1. Increasing consumption in food & beverages, and personal care industry drives the caprylic/capric triglycerides market

Market Landscape : Major players in the Caprylic/Capric Triglycerides market are Croda International plc, Oleon NV, Ecogreen Oleochemicals, Peter Cremer North America, IOI Oleo GmbH, KLK Oleo, Oxiteno, and BERG + SCHMIDT GmbH & CO., Emery Oleochemicals, and Sternchemie GmbH & Co KG among others.

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