Caprylic/Capric Triglycerides Market by Application (Personal Care, Food & Beverages, Pharmaceuticals, and Industrial & Others), and Region (Asia-Pacific, Europe, North America, Latin America, and Middle East & Africa) - Global Forecast to 2026
[122 Pages Report] The caprylic/capric triglycerides market is projected to reach USD 913.4 million by 2026, at a CAGR of 5.9% from 2016 to 2026. In terms of application, food & beverages is the largest application segment, while Asia-Pacific is the largest market for caprylic/capric triglycerides. The demand for caprylic/capric triglycerides is expected to grow in the coming years, due to its increasing consumption in foods & beverages, personal care, pharmaceuticals, and industrial and other application industry. In this study, 2015 has been considered the base year and 2016-2026 as the forecast period to estimate the caprylic/capric triglycerides market size.
Market Dynamics
Drivers
- Natural and safe ingredients
- Effective absorption leads to increasing consumption of caprylic/capric triglyceride
Barriers
- Medium-chain Triglycerides
- Availability of Substitutes
Increasing consumption in food & beverages, and personal care industry drives the caprylic/capric triglycerides market
Caprylic/capric triglyceride is an oily liquid, derived from coconut oil and glycerine. Caprylic works as an emollient, and helps skin to retain moisture by providing lightweight and non-greasy barrier of lubrication. Caprylic/capric triglyceride is used in cosmetics and other personal care products, such as eye makeup, moisturizers, face creams, sunscreens, perfumes lipstick, and foundations. It can also be used in perfumes, moisturizers and sunscreens. As it is found naturally in foods, it can also be made by industrial processes. Personal care, food & beverages, pharmaceutical, and industrial & others are the major applications of Caprylic/capric triglyceride.
The demand for Caprylic/capric triglyceride is expected to grow in the coming years, due to its increasing consumption in food & beverages, and personal care industry. Caprylic/Capric Triglyceride, owing to its excellent properties like light weight, and non-greasy, rapidly absorbs into skin. It is widely prefer for sensitive skin, as it is also known to be compatible with most skin types.
The following are the major objectives of the study:
- To define, describe, and analyze the caprylic/capric triglyceride market on the basis of application and region
- To determine and forecast the global caprylic/capric triglyceride market with respect to applications in different regions
- To analyze the short-term and long-term impact of the factors that influence the growth of the market
- To identify opportunities in the market for caprylic/capric triglyceride manufacturers and suppliers
- To study the industry supply chain, pricing analysis and manufacturing cost analysis
- To study company profiles, developments, upcoming trends & technologies, growth strategies, and industry activities
- To identify current and future trends, drivers and constraints for caprylic/capric triglyceride market and its applications
Different secondary sources, such as company websites, encyclopedias, directories, and databases such as Hoovers, Bloomberg, Businessweek, Factiva, and OneSource have been used to identify and collect information useful for this extensive, commercial study of the caprylic/capric triglycerides market. Primary sources, including experts from related industries, have been interviewed to verify and collect critical information and assess prospects of the market. The top-down approach has been implemented to validate the market size in terms of value. With data triangulation procedures and validation of data through primaries, the exact values of the overall parent market size and individual market sizes have been determined and confirmed in this study.
To know about the assumptions considered for the study, download the pdf brochure
This study answers several questions for stakeholders, primarily, which market segments they should focus upon during the next two to five years to prioritize their efforts and investments. These stakeholders include caprylic/capric triglycerides manufacturers such as Veolia (France), Suez (France), KW Plastics (US), Jayplas (UK), B. Schoenberg & Co. (US), B&B Plastics (US), Green Line Polymers (US), Clear Path Recycling (US), Custom Polymers (US), and Plastipak Holdings (US).
Major Market Developments
- In January 2015, Oleon NV closed down its operation in Sandefjord, Norway. Lack of raw material availability and higher procurement costs led to the closure of this production unit in Norway.
- In January 2015, Oxiteno has announced the expansion of its Pasadena, Texas. The plant, with a capacity of 170 thousand tons/year is a part of company’s strategic plan for US$ 113 million investment in the country which announced in November 2015. The plant will help company to expand will expand its portfolio of surfactants and specialty chemicals, as well as its alkoxylation technologies.
- Manufacturers of caprylic/capric triglyceride
- Traders, Distributors, and Suppliers of caprylic/capric triglyceride
- Application Industries operating in caprylic/capric triglyceride Supply Chain
- Government and Consulting Organizations
- Cosmetic Regulators and Other Regulatory Institutions
- Investment Banks and Private Equity Firms
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Scope of the Report:
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This research report categorizes the caprylic/capric triglyceride market on the basis of application and region. The report forecasts revenues as well as analyzes the trends in each of these submarkets.
On the Basis of Applications:
- Food & Beverages
- Personal Care
- Pharmaceuticals
- Industrial & Others
On the Basis of Region:
- Asia-Pacific
- North America
- Europe
- Middle East & Africa
- Latin America
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Application Analysis
- Further breakdown of the applications and end-use industry into sub segments
The caprylic/capric triglycerides market is projected to reach USD 913.4 million by 2026, at a CAGR of 5.9% from 2016 to 2026. The key factor driving the growth of the caprylic/capric triglycerides market is the rising demand for personal care, food & beverages, pharmaceutical, and industrial & other application, due to increase in population and consumption. Strong demand, and growing usage of safe chemical ingredient especially in food & beverages are fueling the demand for caprylic/capric triglycerides.
Major applications of caprylic/capric triglycerides are personal care, food & beverages, pharmaceuticals, and industrial & others. Food & beverages industry is the largest consumers of caprylic/capric triglycerides. The personal care application, owing to its significantly growing consumption, and wide range of products such as skin care, body care, baby care, hair care, moisturizers and others are driving the growth of the application industry. Caprylic/Capric Triglycerides is one of the most preferred triester due to its inherent properties such as safe and highly absorbed ingredient. Caprylic/Capric Triglycerides, due to its less toxicity, longer shelf life, and creating lubrication barrier for cosmetics product, widely preferred as an ingredient in food & beverages, and personal care products.
The caprylic/capric triglycerides market in the Asia-Pacific region is anticipated to grow at the highest CAGR between 2016 and 2026. China and Japan have witnessed a stable economic growth, and the growth of caprylic/capric triglycerides is expected to be higher in these two countries in near future. Moreover the rising demand from foods & beverages, and personal care industry will drive the demand for caprylic/capric triglycerides in the Asia-Pacific region.
Caprylic/capric triglycerides’ application in the personal care, and food & beverage segment drive the growth of caprylic/capric triglycerides market
Food & Beverage
Food & Beverages application was the largest segment of the global caprylic/capric triglyceride market in 2015. Growing consumption of oils in food & beverages industry, is fueling the demand for caprylic/capric triglyceride.
Personal care
Personal Care application was the second largest segment of the global caprylic/capric triglyceride market in 2015. Growing usage of application like makeup, sunscreen products, body care, facial moisturizers, body moisturizers, skin care, and perfume will drive the demand for caprylic capric triglyceride.
Critical questions the report answers:
- Where will all these developments take the industry in the mid to long term?
- What are the upcoming industry applications for caprylic/capric triglycerides?
The future demand for caprylic/capric triglycerides is expected to be hampered due to certain challenges, for example Caprylic/Capric Triglycerides is a medium-chain triglycerides (MCT) and promotes the generation of ketones. This results in problem for people with diabetes. It is also restricted for people who have cirrhosis or other liver problems. Caprylic/Capric Triglycerides act as good as a skin barrier builder, but not strong enough as mineral oil.
Key companies operating in the caprylic/capric triglycerides market include Croda International plc (U.K.), Oleon NV (Belgium), Ecogreen Oleochemicals (Singapore), Peter Cremer North America (U.S), IOI Oleo GmbH (Germany), KLK Oleo (Malaysia), Oxiteno (Brazil), and BERG + SCHMIDT GmbH & CO. (Germany). These players are engaged in supply of caprylic/capric triglycerides and have a strong regional presence. Companies in Asia-Pacific and Europe region are focussing on additional capacities and new product developments to meet the surging demand from end user industries.
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Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Research Design
2.3 Market Size Estimation
2.3.1 Top- Down Approach
2.3.2 Bottom Up Approach
2.4 Market Breakdown and Data Triangulation
2.5 Research Assumptions
3 Executive Summary
3.1 Introduction
3.2 Market Insight
3.3 Regional Growth Rates
3.4 Conclusion
4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Market Dynamics - Drivers
4.2.2 Market Dynamics - Barriers
4.2.3 Market Dynamics - Factors Affecting Prices
4.3 Supply Chain Analysis
4.4 Historical Price Analysis
4.5 Manufacturing Cost Analysis
5 Caprylic/Capric Triglyceride Market, By Application
5.1 Introduction
5.2 Personal Care Application, By Region
5.3 Food & Beverages Application, By Region
5.4 Industrial & Other Application, By Region
5.5 Pharmaceuticals Application, By Region
6 Caprylic/Capric Triglyceride Market, By Region
6.1 Introduction
6.2 Global Caprylic/Capric Triglyceride Market, By Region
6.3 Asia-Pacific Caprylic/Capric Triglyceride Market
6.3.1 Asia-Pacific Caprylic/Capric Triglyceride Market, By Country
6.3.2 Asia-Pacific Caprylic/Capric Triglyceride Market, By Application
6.4 Europe Caprylic/Capric Triglyceride Market
6.4.1 Europe Caprylic/Capric Triglyceride Market, By Country
6.4.2 Europe Caprylic/Capric Triglyceride Market, By Application
6.5 North America Caprylic/Capric Triglyceride Market
6.5.1 North America Caprylic/Capric Triglyceride Market, By Country
6.5.2 North America Caprylic/Capric Triglyceride Market, By Application
6.6 Latin America Caprylic/Capric Triglyceride Market
6.6.1 Latin America Caprylic/Capric Triglyceride Market, By Country
6.6.2 Latin America Caprylic/Capric Triglyceride Market, By Application
6.7 Middle East & Africa Caprylic/Capric Triglyceride Market
6.7.1 Middle East & Africa Caprylic/Capric Triglyceride Market, By Country
6.7.2 Middle East & Africa Caprylic/Capric Triglyceride Market, By Application
7 Supplier Analysis
7.1 Key Suppliers
7.1.1 Europe - Key Suppliers
7.1.2 Asia-Pacific - Key Suppliers
7.1.3 North America - Key Suppliers
7.1.4 Latin America - Key Suppliers
7.1.5 Middle East & Africa - Key Suppliers
8 Company Profile
8.1 Croda International PLC
8.2 OLEON NV
8.3 Ecogreen International Group Ltd.
8.4 Peter Cremer North America
8.5 IOI Oleo GmbH
8.7 KLK Oleo
8.8 Oxiteno
8.9 Berg + Schmidt GmbH & Co
9 Appendix
9.1 Knowledge Store: Marketsandmarkets’ Subscription Portal
9.2 Marketsandmarkets Knowledge Store: Snapshot
9.3 Introducing RT: Real Time Market Intelligence
List of Tables (43 Tables)
Table 1 Caprylic/Capric Triglyceride Product Properties and Identifiers
Table 2 General Assumptions
Table 3 Year wise Forecast and Assumptions
Table 4 Europe : Manufacturing Cost Analysis
Table 5 Asia-Pacific : Manufacturing Cost Analysis
Table 6 Latin America : Manufacturing Cost Analysis
Table 7 Global Caprylic/Capric Triglyceride Market, By Application, 2014- 2026 (USD Million)
Table 8 Global Caprylic/Capric Triglyceride Market, By Application, 2014-2026 (Kilo Ton)
Table 9 Personal Care Application, By Region, 2014-2026 (USD Million)
Table 10 Personal Care Application, By Region, 2014-2026 (Kilo Ton)
Table 11 Food & Beverages Application, By Region, 2014-2026 (USD Million)
Table 12 Food & Beverages Application, By Region, 2014-2026 (Kilo Ton)
Table 13 Industrial and Others Application, By Region, 2014-2026 (USD Million)
Table 14 Industrial and Others Application, By Region, 2014-2026 (Kilo Ton)
Table 15 Pharmaceutical Application, By Region, 2014-2026 (USD Million)
Table 16 Pharmaceutical Application, By Region, 2014-2026 (Kilo Ton)
Table 17 Global By Market, By Region, 2014-2026 (USD Million)
Table 18 Global By Market, By Region, 2014-2026 (Kilo Ton)
Table 19 Asia-Pacific By Market, By Country, 2014-2026 (USD Million)
Table 20 Asia-Pacific By Market, By Country, 2014-2026 (Kilo Ton)
Table 21 Asia- Pacific By Market, By Application, 2014-2026 (USD Million)
Table 22 Asia- Pacific By Market, By Application, 2014-2026 (Kilo Ton)
Table 23 Europe By Market, By Country, 2014-2026 (USD Million)
Table 24 Europe By Market, By Country, 2014-2026 (Kilo Ton)
Table 25 Europe By Market, By Application, 2014-2026 (USD Million)
Table 26 Europe By Market, By Application, 2014-2026 (Kilo Ton)
Table 27 North America By Market, By Country, 2014-2026 (USD Million)
Table 28 North America By Market, By Country, 2014-2026 (Kilo Ton)
Table 29 North America By Market, By Application, 2014-2026 (USD Million)
Table 30 North America By Market, By Application, 2014-2026 (Kilo Ton)
Table 31 Latin America By Market, By Country, 2014-2026 (USD Million)
Table 32 Latin America By Market, By Country, 2014-2026 (Kilo Ton)
Table 33 Latin America By Market, By Application, 2014-2026 (USD Million)
Table 34 Latin America By Market, By Application, 2014-2026 (Kilo Ton)
Table 35 Middle East & Africa By Market, By Country, 2014-2026 (USD Million)
Table 36 Middle East & Africa By Market, By Country, 2014-2026 (Kilo Ton)
Table 37 Middle East & Africa By Market, By Application, 2014-2026 (USD Million)
Table 38 Middle East & Africa By Market, By Application, 2014-2026 (Kilo Ton)
Table 39 Europe – Supplier Analysis
Table 40 Asia-Pacific – Supplier Analysis
Table 41 North America – Supplier Analysis
Table 42 Latin America – Supplier Analysis
Table 43 Middle East & Africa – Supplier Analysis
List of Figures (56 Figures)
Figure 1 Caprylic/Capric Triglyceride Market Scope
Figure 2 Key Data Taken From Secondary Sources
Figure 3 Key Data Taken From Primary Sources
Figure 4 Caprylic/Capric Triglycerides Market : Research Methodology
Figure 5 Caprylic/Capric Triglyceride Market : Top Down Approach
Figure 6 Caprylic/Capric Triglyceride Market : Bottom Up Approach
Figure 7 Caprylic/Capric Triglyceride Market : Data Triangulation
Figure 8 Asia-Pacific to Register Highest CAGR Between 2016-2021
Figure 9 Caprylic/Capric Triglyceride Market : Segmentation
Figure 10 Caprylic/Capric Triglyceride : Drivers and Barriers
Figure 11 Europe Supply Chain Analysis
Figure 12 Asia-Pacific Supply Chain Analysis
Figure 13 North America Supply Chain Analysis
Figure 14 Latin America Supply Chain Analysis
Figure 15 Middle East & Africa Supply Chain Analysis
Figure 16 Germany Pricing Trend 2011-2014
Figure 17 Malaysia Pricing Trend 2011-2014
Figure 18 Brazil Pricing Trend 2011-2014
Figure 19 UAE Pricing Trend 2011-2014
Figure 20 Europe – CoGS Breakdown 2014
Figure 21 Asia-Pacific – CoGS Breakdown 2014
Figure 22 Latin America – CoGS Breakdown 2014
Figure 23 Global Caprylic/ Capric Triglycerides Market, By Application, 2014-2021 (USD Million)
Figure 24 Global Caprylic/ Capric Triglycerides Market, By Application, 2014-2021 (Kilo Ton)
Figure 25 Personal Care Application, By Region, 2014-2021 (USD Million)
Figure 26 Personal Care Application, By Region, 2014-2021 (Kilo Ton)
Figure 27 Food & Beverage Application, By Region, 2014-2021 (USD Million)
Figure 28 Food & Beverage Application, By Region, 2014-2021 (Kilo Ton)
Figure 29 Industrial and Other Application, By Region, 2014-2021 (USD Million)
Figure 30 Industrial and Other Application, By Region, 2014-2021 (Kilo Ton)
Figure 31 Pharmaceuticals Application, By Region, 2014-2021 (USD Million)
Figure 32 Pharmaceuticals Application, By Region, 2014-2021 (Kilo Ton)
Figure 33 Global Caprylic/Capric Triglyceride Market, By Region, 2014-2021 (USD Million)
Figure 34 Global Caprylic/Capric Triglyceride Market, By Region, 2014-2021 (Kilo Ton)
Figure 35 Asia-Pacific Caprylic/Capric Triglyceride Market, By Country, 2014-2021 (USD Million)
Figure 36 Asia-Pacific Caprylic/Capric Triglyceride Market, By Country, 2014-2021 (Kilo Ton)
Figure 37 Asia-Pacific Caprylic/Capric Triglyceride Market, By Application, 2014-2021 (USD Million)
Figure 38 Asia-Pacific Caprylic/Capric Triglyceride Market, By Application, 2014-2021 (Kilo Ton)
Figure 39 Europe Caprylic/Capric Triglyceride Market, By Country, 2014-2021 (USD Million)
Figure 40 Europe Caprylic/Capric Triglyceride Market, By Country, 2014-2021 (Kilo Ton)
Figure 41 Europe Caprylic/Capric Triglyceride Market, By Application, 2014-2021 (USD Million)
Figure 42 Europe Caprylic/Capric Triglyceride Market, By Application, 2014-2021 (Kilo Ton)
Figure 43 North America Caprylic/Capric Triglyceride Market, By Country, 2014-2021 (USD Million)
Figure 44 North America Caprylic/Capric Triglyceride Market, By Country, 2014-2021 (Kilo Ton)
Figure 45 North America Caprylic/Capric Triglyceride Market, By Application, 2014-2021 (USD Million)
Figure 46 North America Caprylic/Capric Triglyceride Market, By Application, 2014-2021 (Kilo Ton)
Figure 47 Latin America Caprylic/Capric Triglyceride Market, By Country, 2014-2021 (USD Million)
Figure 48 Latin America Caprylic/Capric Triglyceride Market, By Country, 2014-2021 (Kilo Ton)
Figure 49 Latin America Caprylic/Capric Triglyceride Market, By Application, 2014-2021 (USD Million)
Figure 50 Latin America Caprylic/Capric Triglyceride Market, By Application, 2014-2021 (Kilo Ton)
Figure 51 Middle East & Africa Caprylic/Capric Triglyceride Market, By Country, 2014-2021 (USD Million)
Figure 52 Middle East & Africa Caprylic/Capric Triglyceride Market, By Country, 2014-2021 (Kilo Ton)
Figure 53 Middle East & Africa Caprylic/Capric Triglyceride Market, By Application, 2014-2021 (USD Million)
Figure 54 Middle East & Africa Caprylic/Capric Triglyceride Market, By Application, 2014-2021 (Kilo Ton)
Figure 55 Financial Information :- Croda International PLC
Figure 56 Regional Presence - Berg + Schmidt GmbH & Co.
Growth opportunities and latent adjacency in Caprylic/Capric Triglycerides Market