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The global caprylic/capric triglycerides market is expected to grow at a CAGR of 4% in the forecast period of 2024-2032 to reach a value of USD 908.54 million by 2032.
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The market for caprylic/capric triglycerides is being driven by the rising demand for cosmetics. The product is used in the cosmetic products as an absorbent which smoothens the skin and leaves a dry finish upon oiling of the skin. It is in high demand for products like cream, moisturizer, lotion, serum, cleanser and face wash, among others, as it does not get sticky and heavy on the skin. The product is also used in the medical field as it provides an energy source for patients ailing from fat malabsorption syndrome. Caprylic/capric triglycerides are pure and have unique attributes that still find applications in medical and nutritional products.
Region-wise, the Asia Pacific and the Middle East and Africa markets for caprylic/capric triglycerides are growing significantly. Within the Asia Pacific region, India and China have witnessed considerable growth over the past years. Due to the dynamic nature of the market in these developing economies as a result of rapid urbanisation, increasing disposable incomes, and changing lifestyles, the market is expected to grow rapidly in the forecast period. Additionally, India is considered to become the next home of several international producers of the product owing to the accelerating cosmetics market in the country in the forecast period. The cosmetics market in Indian is also influenced by the rising trend of influencers on the digital platform that promotes and market various cosmetic brands, along with the increasing number of young consumers within the country.
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Caprylic/capric triglycerides, variously known as MCT oil or medium-chain triglycerides is formulated by the reaction of coconut oil with glycerol through the esterification method. It is used extensively in cosmetics, beauty, and personal use industries as it offers oxidative stability and smooth texture.
On the basis of function, the market is divided into:
Based on end use, the industry can be segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The market for caprylic/capric triglycerides is driven by the growing demand for personal care products like creams, moisturizers, and soaps across the world. It is in huge demand due to its smooth texture, oxidizing effect, and low cost. The market is expected to witness further growth prospects in countries, such as India, China, and Egypt. Regions such as the Middle East and the Asia Pacific are witnessing robust growth as a result of changing perception towards cosmetics and fashion. Factors such as increased per capita income and changing lifestyles are also influencing the market positively. The caprylic/capric triglycerides industry is predicted to grow during the forecast period owing to its versatile benefits.
The report gives a detailed analysis of the following key players in the global caprylic/capric triglycerides market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Function, End Use, Region |
Breakup by Function | Dispersing Agents, Solubilizers, Solvents, Spreading Agents, Others |
Breakup by End Use | Food and Beverages, Personal Care and Cosmetics, Pharmaceuticals, Process Industries, Others |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Price Analysis | Historical and Forecast Price Trends- Regional |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Berg + Schmidt GmbH & Co. KG, Croda International plc, IOI Oleo GmbH, Oleon NV, Ecogreen Oleochemicals Inc., Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Caprylic/Capric Triglycerides Market Analysis
8.1 Key Industry Highlights
8.2 Global Caprylic/Capric Triglycerides Historical Market (2018-2023)
8.3 Global Caprylic/Capric Triglycerides Market Forecast (2024-2032)
8.4 Global Caprylic/Capric Triglycerides Market by Function
8.4.1 Dispersing Agents
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Solubilizers
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Solvents
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Spreading Agents
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Caprylic/Capric Triglycerides Market by End Use
8.5.1 Food and Beverages
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Personal Care and Cosmetics
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Pharmaceuticals
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Process Industries
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Caprylic/Capric Triglycerides Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Caprylic/Capric Triglycerides Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Caprylic/Capric Triglycerides Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Caprylic/Capric Triglycerides Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Caprylic/Capric Triglycerides Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Caprylic/Capric Triglycerides Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.5 Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17 Manufacturing Process
17.1 Overview
17.2 Detailed Process Flow
17.3 Operation Involved
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Berg + Schmidt GmbH & Co. KG
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Croda International plc
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 IOI Oleo GmbH
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Oleon NV
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Ecogreen Oleochemicals Inc.
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Others
19 Key Trends and Developments in the Market
Additional Customisations Available
1 Project Requirements and Cost Analysis
1.1 Land, Locations, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Cost of Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investment
List of Key Figures and Tables
1. Global Caprylic/Capric Triglycerides Market: Key Industry Highlights, 2018 and 2032
2. Global Caprylic/Capric Triglycerides Historical Market: Breakup by Function (USD Million), 2018-2023
3. Global Caprylic/Capric Triglycerides Market Forecast: Breakup by Function (USD Million), 2024-2032
4. Global Caprylic/Capric Triglycerides Historical Market: Breakup by End Use (USD Million), 2018-2023
5. Global Caprylic/Capric Triglycerides Market Forecast: Breakup by End Use (USD Million), 2024-2032
6. Global Caprylic/Capric Triglycerides Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Caprylic/Capric Triglycerides Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Caprylic/Capric Triglycerides Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Caprylic/Capric Triglycerides Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Caprylic/Capric Triglycerides Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Caprylic/Capric Triglycerides Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Caprylic/Capric Triglycerides Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Caprylic/Capric Triglycerides Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Caprylic/Capric Triglycerides Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Caprylic/Capric Triglycerides Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Caprylic/Capric Triglycerides Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Caprylic/Capric Triglycerides Market Forecast: Breakup by Country (USD Million), 2024-2032
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Caprylic/Capric Triglycerides Market Structure
The market is projected to grow at a CAGR of 4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 908.54 million by 2032.
The major drivers of the market include the growing demand for cosmetics, the rising use of caprylic in medical and nutritional products, rising disposable incomes, and rapid urbanisation.
The key trends propelling the market development are the low cost, smooth texture, and oxidising effects provided by caprylic/capric triglycerides, the growing awareness regarding the versatile benefits of caprylic/capric triglycerides, and the rising sales of cosmetics in emerging economies.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading functions of caprylic/capric triglycerides in the market are dispersing agents, solubilisers, solvents, and spreading agents, among others.
The major end uses of caprylic/capric triglycerides include food and beverages, personal care and cosmetics, pharmaceuticals, and process industries, among others.
The major players in the market are Berg + Schmidt GmbH & Co. KG, Croda International plc, IOI Oleo GmbH, Oleon NV, and Ecogreen Oleochemicals Inc., among others.
The global caprylic/capric triglycerides market is being driven by the rising demand for cosmetics. Aided by the rising demand from emerging markets, the industry is expected to witness a moderate growth in the forecast period of 2024-2032, growing at a CAGR of 4%. The market is projected to reach USD 908.54 million by 2032.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on function, the market is segmented into dispersing agents, solubilizers, solvents, and spreading agents, among others. By end-use, the industry Is divided into food and beverages, personal care and cosmetics, pharmaceuticals, and process industries, among others. The major regional markets for caprylic/capric triglycerides are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Berg + Schmidt GmbH & Co. KG, Croda International plc, IOI Oleo GmbH, Oleon NV, and Ecogreen Oleochemicals Inc., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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