Latest News - Medium Chain Triglyceride (MCT) Oil Market: Supplements is expected to lead the Application segment during 2024-2028

The Medium Chain Triglyceride (MCT) Oil Market is being driven by Growing demand for supplements as preventive measures

The Medium Chain Triglyceride (MCT) Oil Market is expected to grow at a CAGR of 8.09% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 448.1 million. The MCT oil market is witnessing a significant trend with an increasing number of new product launches by key players. These new offerings cater to the evolving consumer demands and contribute to market growth. Successful product launches not only boost a company's revenue and consumer base but also enhance market share and provide a competitive edge. For instance, in January 2021, NEXE Innovations Inc. introduced XOMA Superfoods, a soluble micro-ground coffee fortified with MCT oil, packaged in NEXE Pods. This strategic launch is expected to strengthen NEXE's market position in the MCT oil industry. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Supplements
  • Pharmaceuticals
  • Others
• Source
  • Palm
  • Coconut
  • Others
• Geography
  • North America
    • US
  • APAC
    • China
    • India
  • Europe
    • France
    • UK
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing demand for supplements as preventive measures
• Increasing demand for natural products
• Health benefits of MCT oil

However, the market also witnesses some limitations, which are as follows:

• Loss of consumer confidence
• Side effects of MCT oil
• Stringent regulations

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Market Scope in Medium Chain Triglyceride (MCT) Oil Market Research Report

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Research Analysis Overview

Title: Unleashing the Power of Medium Chain Triglyceride (MCT) Oil: Fuel for Bodybuilders and Athletes Medium Chain Triglyceride (MCT) oil, derived from sources like palm kernel oil and coconut, has been a game-changer for bodybuilders and athletes seeking enhanced energy and improved metabolism. MCTs are medium-length fatty acids that are easily absorbed and metabolized by the body, providing a quick source of energy without requiring the involvement of bile or pancreatic enzymes. MCT oil is popular among bodybuilders and athletes due to its ability to provide sustained energy, aid in digestion, and boost metabolism. It is also known for its potential role in weight management by helping the body burn stored body fat for energy and maintaining a healthy weight. MCT oil is used in various forms, including dietary supplements, edible oils, and even in the organic beauty market. Brands like IOI Corporation and Natural Sourcing produce high-quality MCT oil from sustainably sourced palm kernel oil and coconut. MCT oil is also found in various consumer products such as weight-loss supplements, sports drinks, energy bars, dairy products, and even in some mineral oils. FAOSTAT reports that global production of MCT oil has been increasing steadily, driven by its popularity among health-conscious consumers. Despite its benefits, it's important to note that MCT oil should be used in moderation, as excessive consumption may lead to side effects like diarrhea, stomach discomfort, and a fishy odor in the urine and breath due to the presence of methylene oxide, a byproduct of MCT oil production. It's also important to choose high-quality MCT oil, as some may contain impurities like methanol and ethanol, which can be harmful if consumed in large quantities. In conclusion, MCT oil is a valuable addition to the diets and training regimens of bodybuilders and athletes, offering a quick source of energy, improved digestion, and potential weight management benefits. However, it's essential to use it responsibly and choose high-quality sources to avoid potential side effects.

Market Research Overview

The global packaged foods and meats market encompasses businesses engaged in food processing to ensure microbial elimination and prolong product shelf life. According to Technavio, the market's size is determined by the consolidated revenue generated by participating vendors. This market segment excludes food processing equipment manufacturers and packaged beverage producers, including alcoholic and non-alcoholic beverages and mineral waters. The market's expansion will be fueled by the health benefits associated with minimally processed foods, such as vegetables, which are rich in essential nutrients like potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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