This research study involved secondary sources (which included directories and databases)—such as Hoovers, Forbes, Bloomberg Businessweek, and Factiva—to identify and collect information useful for a technical, market-oriented, and commercial study of the medium chain triglycerides market. The primary sources involved in the study include industry experts from the core and related industries as well as preferred suppliers, dealers, manufacturers, alliances, standards & certification organizations, and organizations related to all segments of this industry’s value chain. In-depth interviews were conducted with various primary respondents, such as key industry participants, subject matter experts, C-level executives of key companies, and industry consultants, to obtain and verify critical qualitative and quantitative information as well as assess future prospects. The following figure depicts the market research methodology applied while drafting the report on the medium chain triglycerides market.
Triglycerides are fats that are either burned for energy or stored as body fat in humans. All triglycerides are structured with a glycerol molecule and three types of fatty acids. Medium-chain fatty acids comprise 6 to 12 carbon atoms tailing glycerol molecules. Due to the shorter chain length, medium-chain triglycerides are rapidly broken down and easily absorbed by the body; thus, they can be directly used as an energy source. Coconut oil, palm oil, and milk fats are rich sources of medium-chain triglycerides, which are extracted or isolated through fractionation.
The global medium-chain triglycerides market is projected to grow at a CAGR of 6.1% during the forecast period (2017–2022), to reach USD 809.3 million by 2022. Medium-chain triglycerides have many health benefits for the human body; these include improved burning rate of fats & calories and easy absorption by the body, which reduces the chances of being stored as body fats. Medium-chain triglycerides are gaining popularity among athletes and bodybuilders to enhance their performance. Their supplements are also useful in cases of diarrhea, steatorrhea, and patients undergoing stomach or bowel surgery. The health benefits of medium-chain triglycerides and their increasing awareness among consumers drive the medium-chain triglycerides market growth.
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