Medium-Chain Triglycerides Market Share, Data and Resources to Grow Your Company, Industry Efforts
According to the MRFR reports, the global Medium-Chain Triglycerides Market Share is expected to attain a market size of over USD 889.25 million by the end of 2024 while exhibiting a healthy CAGR of approximately 6.5% from 2019 to 2024. Medium-chain triglycerides are made from two or three fatty acids. MCT is obtained from the processing of coconut and palm kernel oils. The global Medium-Chain Triglycerides Market Share has witnessed massive growth over recent years owing to factors such as growing demand for functional food supplements, increasing the demand for different types of medium-chain triglycerides, escalation in demand from food processing and beverage making industries, and growing areas of applications such as medicinal products, infant nutrition, personal care products, and dietary supplements. However, the growth of the MCT market is anticipated to be impeded by the cost involved in research and development activities and high production costs. Competitive Analysis ...