Nov 5, 2019
Caprylic/Capric Triglycerides Market
Caprylic/Capric Triglycerides Market is projected to reach USD 259.0 Million by 2024, growing at 5.4% CAGR during the forecast period, 2019–2024.
Caprylic/capric triglyceride is an oily liquid, produced by combining coconut oil and glycerin. Caprylic/capric triglyceride is extensively used in cosmetics and other personal care products, such as moisturizers, face creams, sunscreens, eye makeup, perfumes, lipstick foundations, and many others. The growing demand for skin and personal care products is expected to surge the market growth. Due to its anti-fungal and antimicrobial properties caprylic acid also finds its application in the food & beverage industry.