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(CityRegions.Com, September 06, 2017 ) Description:
Global Medium-Chain Triglycerides Market is accounted for $524.57 million in 2016 and is expected to reach $869.95 million by 2023 growing at a CAGR of 7.4% during the forecast period. Some of the factors such as expanding health concerns of consumers and growing number of applications are fueling the market growth. However, more number of substitutes is hampering the market. Rising demand in emerging economies provides ample of opportunities for the market growth.
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By application, nutritional diet segment commanded the largest market share during the forecast period owing to its medical advantages, for example, weight administration and enhanced psychological working. By geography, Asia Pacific is anticipated to grow at the highest CAGR due to increasing utilization of personal care items, for example, lotions, gels, creams and cosmetic items for ladies are filling the broadening of the market.
Some of the key players in Medium-Chain Triglycerides market include Wilmar International Limited, Croda International PLC, Koninklijke DSM N.V, Emery Oleochemicals Group, Musim Mas Holdings, Acme-Hardesty Co. Inc., Sternchemie GmbH & Co Kg, E.I. Dupont De Nemours and Company, KLK OLEO, Lonza Group Ltd., BASF SE, The Procter & Gamble Company and Stepan Company.
Sources Covered:
Palm
Coconut
Other Sources
Vegetable Fats
Milk Fats
Fatty Acid Types Covered:
Lauric Acid
Heptanoic Acid
Caproic Acid
Caprylic Acid
Capric Acid
Nonanoic Acid
Forms Covered:
Liquid Form
Dry Form
Applications Covered:
Pharmaceuticals
Nutritional Diet
Infant Formula
Personal Care
Sports Drinks
Other Applications
Fragrances
Flavor
Distribution Channels Covered:
Retail stores
Online stores
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
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