SAN FRANCISCO, California, July 27, 2017 /PRNewswire/ --
The global medium chain triglycerides market isexpected to reach USD 2.46 billion by 2025, according to a new report by Grand View Research, Inc. The increasing cases of obesity and growing demand of MCT products in the cosmetics industry are projected to drive the demand
(Logo: http://photos.prnewswire.com/prnh/20160524/371361LOGO ) The global industry is expected to witness a growth owing to its use as an excipient, which acts as a carrier or suspension medium for oil soluble antibiotics and drugs. Its applications as an antibacterial, antiviral or antifungal medicine and its ability to decrease cardiovascular disease and mortality risk are expected to drive the MCT market.
Dietary and health supplements segment accounted for 59% of total demand in 2016 and is anticipated to gain share over the forecast period. The growing popularity of MCT oil among health-conscious population owing to its properties like improving metabolism, fat burning and providing energy is expected to steer the global market.
Browse full research report with TOC on "Medium Chain Triglycerides (MCT) Market Analysis By Application (Personal Care & Cosmetics, Pharmaceuticals, Dietary & Health Supplements), By Region, Competitive Strategies, And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/medium-chain-triglycerides-mct-market
Further key findings from the report suggest:
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Grand View Research has segmented the global medium chain triglycerides market on the basis of application and region:
Read Our Blog By Grand View Research: http://www.grandviewresearch.com/industry/renewable-chemicals
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: +1-415-349-0058 Toll Free: +1-888-202-9519 Email: firstname.lastname@example.org
SOURCE Grand View Research, Inc.
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