Medium Chain Triglycerides MarketSize and Trends
The Global Medium Chain Triglycerides Market was valued at US$ 876.1 Mn in 2023 and is forecast to reach a value of US$ 1,286.2 Mn by 2030 at a CAGR of 5.6% between 2023 and 2030.
Global Medium Chain Triglycerides Market Trends:
- MCTs are popular among athletes and fitness enthusiasts as they provide a quick source of energy and can help improve athletic performance. This trend is driving the demand for MCTs in the sports nutrition industry.
- Furthermore, MCTs are used in a variety of cosmetic products, such as lotions, creams, and hair care products, due to their moisturizing and emollient properties. The growing demand for natural and organic personal care products is driving the demand for MCTs in the cosmetic industry.