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Caprylic/Capric Triglycerides Market by Application, and Region - Global Forecast to 2026

Caprylic/Capric Triglycerides Market: Global Forecast until 2026

  • December 2016
  • 121 pages
  • ID: 4534875
In this report:
The industrial and other application segment in Asia-Pacific region recorded the highest consumption of ##.## KT in 2015, and is expected to reach ##.## KT by 2021, at a CAGR of ##.##% from 2016 to 2021.
The personal care application segment in Europe region recorded the highest consumption of ##.## KT in 2015, and is expected to reach ##.## KT by 2021, at a CAGR of ##.##% from 2016 to 2021.

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"The caprylic/capric triglycerides market is estimated to grow $913.40M by 2026"

The caprylic/capric triglycerides market is estimated to grow $913.40M by 2026, at a compound annual growth rate (CAGR) of 5.90 percent from 2016 to 2026. Growing consumption of caprylic/capric triglycerides in food & beverages, personal care, pharmaceuticals, and in industrial & other applications due to increasing population and consumption of products are factors driving the increase of the caprylic/capric triglycerides market. Additionally, since it is a Medium-Chain Triglycerides and cannot be consumed by diabetic patients, a substitute of caprylic/capric triglycerides is available in form of mineral oil, which is a hindrance for increase of the market.

"Food & beverages is the most important application segment of the caprylic/capric triglycerides market, while personal care application segment is anticipated to grow at the maximal CAGR (Compound annual growth rate) during the outlook period"

The food & beverages sector is the biggest consumer of caprylic/capric triglycerides. The caprylic/capric triglycerides, according to its significantly increasing consumption as a safe ingredient is driving its demand. With rise of this application segment, the industry demand for caprylic/capric triglycerides is expected to growth during the estimate period.

Personal care is the quickest increasing application segment. Wide use of caprylic/capric triglycerides in skin care products, hair care products, moisturizers, perfumes, body care products, baby care products among others is fueling the increase of the personal care application segment.

The caprylic/capric triglycerides market in the Asia Pacific (APAC) area is expected to grow at the maximal compound annual growth rate (CAGR) during the outlook period

The Asia-Pac caprylic/capric triglycerides market is anticipated to rise at the highest CAGR (Compound annual growth rate) between 2016 and 2026. Rise of this market can be accredited to the growing demand for caprylic/capric triglycerides for different applications. China (CN) and Japan (JP) are the two main countries that are anticipated to grow at the highest compound annual growth rate (CAGR) during the estimate period.

The rise of the caprylic/capric triglycerides market in these two countries is primarily due to the growing demand for personal care products and food & beverages, and their increasing consumption due to the growing population. One of the main producers of caprylic/capric triglycerides in this area is KLK Oleo.

BREAKDOWN OF PRIMARY

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main industry personnel. The distribution of profiles of primary discussion participants is presented below.

BREAKDOWN OF PROFILE OF PRIMARY PARTICIPANTS:

- By Company category: Tier 1 - 52 %, Tier 2 - 34.0 percent, and Tier 3 - 14.0 percent

- By Designation: C Level - 50.0 percent, Director Level - 31.0 percent, and Others - 19.0 percent

- By area: North america (NA) - 34.0 percent, Europe - 28.0 percent, Asia-Pacific - 24.0 percent, Latin America - 7.0 percent and Middle East & Africa - 7.0 percent

Main firms decribed in this market report are Croda International plc, Oleon NV, Ecogreen Oleochemicals, Peter Cremer North America, IOI Oleo GmbH, KLK Oleo, Oxiteno, and BERG + SCHMIDT GmbH & CO..

Segment Research

This business report affords an overview of market trends, drivers, and barriers with respect to the caprylic/capric triglycerides market. It also offers a exhaustive overview of the market across five regions, that is, Asia-Pac, North America continent, EU, the Middle East area & African continent, and Latin America area. The market research categorizes the caprylic/capric triglycerides market based on application and area. An in-depth study of leading actors, together with top increase strategies approved by them is also covered in the overall report.

Why Purchasing This Study Can Help You:

This industry report includes the following main aspects:

- Market value by 2026 and the Compound annual growth rate during the outlook period

- Key market trends

- Factors projected to drive the increase of the market

- Barriers impacting market increase

- Top players in the sector

- Global report includes key regions, like North America, Europe (EU), and Asia Pacific (APAC), Latin America area, and the Middle East (ME) & African continent containing main countries in these regions including the U.S., China (CN), Japan (JP), India (IN), France (FR), and Germany (DE).

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