The global Medium-chain triglycerides market size is estimated to be valued at USD 763 million in 2021. It is projected to reach USD 1,034 million by 2026, recording a CAGR of 6.3%during the forecast period. The market for medium-chain triglycerides is driven by the rising demand for nutritional food and the increasing health consciousness among consumers. The preference for natural food additives over synthetic ones to eliminate health concerns also drives the demand for medium-chain triglycerides, as these are generally extracted from natural sources such as milk fats, coconut, and palm kernel oil. Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=248063458 BASF SE is a leading chemical company, which is listed on the stock exchanges in Frankfurt (Germany), London (UK), and Zurich (Switzerland). The company operates through segments, namely, Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. For financial reporting, it has organized its regional divisions into four: Europe, North America, Asia Pacific, and South America/Africa/Middle East. The company’s product range includes plant sterols, conjugated linoleic acid, fish oil, omega-3 oils, medium-chain triglycerides (MCT), colorants, fat and water-soluble vitamins, antioxidants, emulsifiers, etc. DuPont is one of the leading global companies offering science-based products and services, particularly chemicals. The company operates through five major business segments: Electronics & Imaging, Nutrition & Biosciences, Transportation & Industrial, Safety & Construction, and Non-core. It offers functional food ingredients and medium chain triglycerides under its Nutrition & Biosciences segment. The three major product lines of the company under the Nutrition & Biosciences segment include food & beverages, health & biosciences, and pharma solutions. The caprylic acid segment dominated the market with a share of 50.4% in 2020, in terms of value as Caprylic acid does not have an offensive taste or smell. Thus, it is often the primary MCT used in MCT oil. Caprylic triglyceride is a compound that comes from combining fatty acids with glycerin. The fatty acids in the compound are medium-chain triglycerides (MCTs). Caprylic acid is also known for its antiviral, antibacterial and antifungal properties, and can help treat skin disorders and acne. It’s also useful for treating urinary tract infections, bladder infections, STIs, and even gingivitis. It also helps to burn excess calories, which in turn leads to weight loss. The liver finds it easy to break down, or oxidize, MCFAs such as caprylic acid. This faster rate of oxidation leads to a higher rate of energy expenditure. Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=248063458 China accounted for about 31.1% of the medium-chain triglycerides market in the Asia Pacific region in 2020, in terms of value, making it one of the most robustly growing markets in the region. The demand for medium-chain triglycerides is increasing in China due to changing lifestyles of consumers and preferences. The increasing purchasing power of consumers due to the economic development in China has led to the increase in demand for high-quality processed foods, nutritional diet, personal care, and cosmetics products. Hence, the market for medium-chain triglycerides is projected to increase as it is an essential additive in nutritional supplements, infant formula, sports drinks, pharmaceuticals, personal care, and other applications. The country has witnessed an increase in the number of chronic disease incidences, thereby propelling the market for functional food ingredients. According to the WHO, in 2019, the prevalence of diabetes, heart diseases, and cancer, in the country rose nine-fold within a single generation and faster than the global average rate.