Chemical & Materials
The global medium chain triglycerides market size reached US$ 859.6 Million in 2023. As per the analysis by IMARC Group, the top medium chain triglycerides companies are heavily investing in extensive research and development (R&D) projects as MCTs provide promising results in the management of obesity, cardiovascular diseases, and neurological disorders. In line with this, several leading players are also launching new MCT products with different flavors and sizes in order to gain a competitive edge. Furthermore, the governments of several countries, along with several non-governmental organizations (NGOs) and healthcare groups are focusing on various programs and campaigns to spread awareness about various chronic diseases, which in turn is impacting the market favorably. Besides, the growing popularity of MCT in the field of sports nutrition is significantly strengthening the market as it aids in improving athletic performance, reducing recovery time, and enhancing energy levels, making them an attractive option for this market. Along with this, on account of their long shelf life, lack of color and odor, and lightweight properties, they are gaining popularity in aromatherapy, which is giving lucrative opportunities for leading players. The market is further driven by the wide availability of MCT through organized distribution channels and various e-commerce platforms. Moreover, growing health consciousness among individuals and the increasing prevalence of chronic and lifestyle diseases, including weight loss, improved cognitive function, and increased energy levels, are fuelling the growth of the market. Other factors including growing demand for weight management products, rising demand for functional beverages, and increasing popularity of clean label products are also influencing the market. On account of these factors, the market to reach US$ 1,405.7 Million by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.
Learn about opportunities, challenges, and trends in the global Medium Chain Triglycerides market with IMARC’s market research report. Try a free sample today!
The global medium chain triglycerides market has several major players Barlean’s, BASF SE, ConnOils LLC, Croda International Plc, DuPont de Nemours Inc., IOI Oleo GmbH, KLK OLEO, Musim Mas Holdings, NOW Foods, Sternchemie GmbH & Co. KG, The Procter & Gamble Company and Wilmar International Limited. More information about these companies has been provided below.
Establishment: |
1989 |
Headquarters: |
Washington, United States |
Website: |
https://www.barleans.com/ |
Barlean's is a company that specializes in providing high-quality health and wellness products. It offers a wide range of nutritional supplements, including fish, flaxseed, and coconut oil, as well as greens and protein powders. The company also offers a line of CBD products, including tinctures, capsules, and topicals. It sources its ingredients from suppliers who use sustainable practices, such as organic farming and wild harvesting. Additionally, it has a recycling program in place to reduce waste and encourage the responsible disposal of materials. Besides, the company also supports projects that reduce greenhouse gas emissions, such as reforestation and renewable energy projects.
Establishment: |
1865 |
Headquarters: |
Ludwigshafen, Germany |
Website: |
https://www.basf.com/in/en.html |
BASF SE is a German multinational chemical company. Its product portfolio includes a wide range of products, such as chemicals, plastics, coatings, agricultural solutions, and performance materials. It is committed to sustainability and has set ambitious targets to reduce greenhouse gas emissions and promote sustainable practices throughout its operations. The company also heavily invests in research and development activities to develop innovative solutions that meet the needs of its customers and contribute to sustainable development. Besides, it values diversity and inclusion and has implemented programs to promote diversity and provide equal opportunities for all employees. The company also supports a range of initiatives aimed at promoting diversity and inclusion in the broader community.
Establishment: |
2007 |
Headquarters: |
Wisconsin, United States |
Website: |
https://www.connoils.com/ |
ConnOils LLC is an oil and gas exploration and production company. It offers a wide range of products, including crude oil, natural gas, natural gas liquids (NGLs), and petroleum products. The company is committed to sustainable and responsible operations and aims to minimize its environmental impact through careful planning and implementation of best practices. It engages with the communities where it operates to ensure that local people are involved in the decision-making process. Besides, the company has implemented robust health and safety policies and provides training to its employees to ensure that they are equipped to work in a safe and healthy environment.
Establishment: |
1925 |
Headquarters: |
Snaith, United Kingdom |
Website: |
https://www.croda.com/en-gb |
Croda International Plc is a specialty chemicals company that produces and sells a wide range of chemical products to various industries, such as personal care, healthcare, crop care, lubricants, and polymer additives. Its product portfolio includes excipients, solubilizers, drug delivery systems, detergents, fabric softeners, household cleaners, additives, cleaning agents, and corrosion inhibitors. The company has developed a range of smart materials that respond to changes in their environment, such as temperature or pH. These materials have applications in a variety of industries, including personal care and coatings. Besides, it has implemented several innovative processes to reduce its environmental impact and increase sustainability.
Establishment: |
1802 |
Headquarters: |
Delaware, United States |
Website: |
https://www.dupont.com/ |
DuPont de Nemours Inc. is a multinational conglomerate that operates in various industries, such as agriculture, materials science, and specialty chemicals. It offers crop protection products, seed products, digital farming solutions, dietary supplements, and animal nutrition products. The company is heavily investing in renewable energy and energy efficiency initiatives to reduce its carbon footprint. It is committed to developing sustainable materials and products. Additionally, the company has also implemented water reuse and recycling programs to minimize its impact on local water resources. It is working to increase the use of recycled materials in its products and packaging and has implemented programs to reduce waste in its operations.
Establishment: |
1905 |
Headquarters: |
Hamburg, Germany |
Website: |
https://www.ioioleo.de/en/ |
IOI Oleo GmbH is an integrated palm oil company. It offers a wide range of products, including fatty acids, fatty alcohols, esters, glycerin, and specialty blends. The company places a strong emphasis on sustainability and has implemented various initiatives to reduce its environmental impact. It focuses on reducing its carbon footprint through energy-efficient production processes and the use of renewable energy sources. The company has also implemented various initiatives to improve the well-being of local communities, including education programs, healthcare initiatives, and support for small businesses. Besides, it is committed to being transparent and accountable in its business practices.
Establishment: |
2006 |
Headquarters: |
Seremban, Malaysia |
Website: |
https://www.klkoleo.com/ |
KLK OLEO is a multinational company that is engaged in plantation, manufacturing, and property development. Its product portfolio includes fatty acids, glycerine, fatty alcohols, esters, and other specialty chemicals. The company has a zero-burning policy for its plantation activities and has implemented various initiatives to reduce its environmental footprint, including the use of renewable energy sources and the implementation of waste reduction programs. It has also been recognized for its social responsibility efforts, including its support for education, healthcare, and community development initiatives in the areas where it operates. Besides, the company uses advanced technology to treat wastewater and reduce its impact on the environment.
Establishment: |
1932 |
Headquarters: |
Bukit Merah, Singapore |
Website: |
https://www.musimmas.com/ |
Musim Mas Holdings is a multinational company that is involved in the production and distribution of palm oil, as well as other agricultural products. It offers palm oil, refined palm oil, specialty fats, substitutes, confectionery fats, and bakery fats. The company is committed to sustainability and operates its palm oil plantations in an environmentally responsible manner, with a focus on protecting biodiversity, reducing greenhouse gas emissions, and promoting social and economic development in local communities. It is also actively involved in research and development, with a focus on developing new and innovative technologies to improve the efficiency and sustainability of its operations.
Establishment: |
1968 |
Headquarters: |
Illinois, USA |
Website: |
https://www.nowfoods.com/ |
NOW Foods is a health and wellness company. It offers a wide range of natural products, including dietary supplements, natural foods, personal care products, essential oils, and sports nutrition. The company's products are manufactured in GMP-certified facilities, and it uses only the finest raw materials in its formulations. It is also committed to reducing its environmental impact by using sustainable packaging materials and supporting conservation efforts. The company has also implemented several waste reduction initiatives, including recycling, composting, and waste-to-energy programs. Besides, it uses recycled materials and environmentally friendly packaging, including biodegradable and compostable options.
Establishment: |
1980 |
Headquarters: |
Hamburg, Germany |
Website: |
https://www.sternchemie.com/en/ |
Sternchemie GmbH & Co. KG is a German company that specializes in the production and distribution of specialty lipids and food ingredients. Its product portfolio includes a range of vegetable oils, including palm oil, coconut oil, and shea butter, as well as lecithins, MCT oil, and red palm oil. It places great importance on traceability and transparency in its supply chain. The company has implemented a system that allows for the tracking of its raw materials, from the plantation to the final product. Besides, it is committed to reducing its environmental impact and has developed sustainable packaging solutions for its products.
Establishment: |
1837 |
Headquarters: |
Ohio, United States |
Website: |
https://in.pg.com/ |
Procter & Gamble is a multinational consumer goods company. It offers a wide range of consumer goods, including personal care products, cleaning agents, and health care products. The company has committed to reducing greenhouse gas emissions, water consumption, and energy usage across its operations. It also has a number of programs aimed at addressing social issues such as poverty, health, education, and hygiene. The company has set goals to increase representation of women and underrepresented minorities in its workforce and has programs to support diversity and inclusion in its hiring, development, and promotion practices. It heavily invests in product innovation to develop new products and solutions that meet the needs of consumers while minimizing environmental impact.
Establishment: |
1991 |
Headquarters: |
Singapore |
Website: |
https://www.wilmar-international.com/ |
Wilmar International Limited is an agribusiness company that is engaged in the production, processing, and distribution of a wide range of agricultural products. It offers palm oil, palm kernel oil, coconut oil, soybean oil, canola oil, and wheat flour. It is committed to sustainable and responsible business practices and has established policies and procedures for environmental protection, social responsibility, and corporate governance. The company has also established several initiatives and partnerships aimed at promoting sustainable agriculture, improving the livelihoods of smallholder farmers, and reducing the impact of its operations on the environment.
About Author:
Shree Basu Senior Content Writer at IMARC Services Private Limited Shree Basu is an experienced content writer with a passion for researching about diverse markets, ranging from technology to chemistry to agriculture. She has around two years of experience in different aspects of market research and has worked with multiple startups and enterprises in the B2B, B2C, and retail industries. In her free time, Shree enjoys reading, feeding stray animals, and watching crime documentaries. |
Phone: +1-631-791-1145
Phone: +91-120-433-0800
Phone: +44-753-714-6104
Email: sales@imarcgroup.com
134 N 4th St. Brooklyn, NY 11249, USA
+1-631-791-1145
Level II & III, B-70, Sector 2, Noida, Uttar Pradesh 201301, India
+91-120-433-0800
30 Churchill Place London E14 5EU, UK
+44-753-714-6104
© Copyright IMARC Services Private Limited 2024. All rights reserved. Terms & Conditions | Privacy Policy | SiteMap