Caprylic/Capric Triglycerides Market Size, Share & Segmentation By Application (Food & Beverages, Personal Care, Pharmaceuticals, Industrial, and Others), and Region | Global Forecast for 2025–2032.

Caprylic/Capric Triglycerides Market Report Scope & Overview

The Caprylic/Capric Triglycerides Market size was valued at USD 1.10 billion in 2024 and is expected to reach USD 1.89 billion by 2032, growing at a CAGR of 7.0% over the forecast period of 2025-2032.

The rising demand for natural and organic ingredients in personal care product formulations is prominently covered in the caprylic/capric triglycerides market analysis. With consumers becoming more aware of what is going into their skin and makeup, there is a noticeable trend toward more natural, non-toxic, and sustainable ingredients. For instance, Caprylic/capric triglyceride (CT) is an ingredient derived from coconut oil and glycerin and easily fits this trend as a natural and skin-friendly ingredient. Due to their excellent emollient and moisturizing properties, they are used in lotions, creams, and other personal care types of products. This, in turn, is boosting their usage in different formulations, driven by the clean beauty movement and increasing demand for chemical-free alternatives, which drives the caprylic/capric triglycerides market growth.

Market Dynamics:

Drivers:

• Expanding Applications in Cosmetics and Dermatology Drive the Market Growth

The functionality of global cosmetic formulation needs is widely offered by the emollient, lower viscosity, and high skin integrity absorption properties of Caprylic/Capric Triglycerides. Additionally, due to their non-comedogenic properties, they are increasingly being used in dermatological products for sensitive or acne-prone skin. They are perfect for the use in medicinal creams and anti-aging products as they work well as a carrier for active ingredients and not irritate the skin an outer layer. That versatility is getting them used in skin care, hair care, baby products and makeup removers. Due to the multifunctionality of these triglycerides, they are replacing synthetic oils as the preferred choice among formulators.

Restraints:

•   Availability of Substitutes and Cost Pressures May Hamper the Market Growth

There are competing emollients and deeper-penetrating oils including mineral oil, isopropyl myristate, and other esters of similar functional properties that are cheaper. This is particularly appealing for manufacturers in cost-sensitive markets. Caprylic/Capric Triglycerides have a more satisfactory skin feel and stability, but their price point may pose an emotional barrier for formulators, particularly in the mass-market category. The continued emergence of synthetic emollients with improved functionality will also take away from the triglyceride if it is not priced or marketed appropriately.

Opportunities:                                        

• Growth in E-commerce and Direct-to-Consumer (DTC) Brands Creates Opportunities in the Market

Risning Growth in E-commerce and direct-to-consumer (DTC) brands creates opportunities in the market. This has led to a massive appetite for markets that offer branded, safe, and multipurpose ingredients, particularly with DTC skincare and cosmetics brands on the rise globally. Due to their biodegradability and non-toxicity, Caprylic/Capric Triglycerides are perfect for indie formulations that prioritize transparency and are "label-friendly." Due to a rise in scale and number of online brands, there is a growing demand for high-performance ingredients of natural origin, which further propels the growth of the triglyceride segment. However, these same brands frequently highlight their key ingredient stories as a part of their brand value, especially when using recognizable ingredients, including these triglycerides, which drive the caprylic/capric triglycerides market trends.

Amyris Inc. partnered with some of the biggest-name DTC skincare startups in 2023 to push for sustainable and traceable incorporation of its biotechnology-derived triglyceride serums and face oils.

In addition, Croda International also launched an e-commerce initiative to provide small batch Caprylic/Capric Triglycerides to indie brands and formulators via its digital B2B platform to facilitate access to ingredients.

Segmentation Analysis:

By Application

Personal Care held the largest caprylic/capric triglycerides market share, around 38%, in 2024 owing to its extensive application in skincare, haircare, and cosmetic products. These personal care ingredients are good for emollients, are low-molecular weight, and increase the spreadability of the formulation and skin absorption overall. Widely utilized in moisturizers, sunscreens, serums, lotions, and makeup removers, this ingredient provides technical benefits and a sense of nature. Its use has certainly been further boosted by the increasing demand for clean-label and non-toxic beauty products, as consumers continue to look for alternatives based on plant and skin-friendly ingredients.

Food & Beverages held a significant caprylic/capric triglycerides market share due to its functional property as a dietary fat and energy source. This is a useful source of triglycerides composed of an easy-to-digest form of Medium-chain triglycerides (MCT) market that quickly metabolized in the liver and are suitable for use in functional foods/dietary supplements and meal replacements. Their ability to provide rapid energy without being stored as fat has led to increased use in sports nutrition, ketogenic diets, and weight management products. Furthermore, their neutral flavor profile and high stability make them ideal for incorporation within a range of food and beverage formulations.

Regional Analysis

Asia-Pacific held the largest market share, around 40.23%, in 2024. The region’s growth is driven by the burgeoning growth of the personal care and cosmetics, and food industries in some major countries including China, India, Japan, and South Korea. A surging population of middle class, rising disposable incomes, and increasing consumer consciousness about skin and health care products in the region is significantly fuelling demand for natural and safe ingredients including Caprylic/Capric Triglycerides. In addition, the abundance of coconut and palm kernel oil as a feedstock in southeastern countries has generated upward profitability margins and factory location benefits.

In 2024, Croda International improved its digital strategy in the region by launching its B2B e-commerce platform that allows indie formulators and direct-to-consumer brands to directly purchase low-volume supplies of caprylic/capric triglycerides, speeding ingredient use in the end-product and bolstering market inroads throughout Asia-Pacific.

North America Caprylic/Capric Triglycerides market held a significant market share and is the fastest-growing segment in the forecast period owing to the presence of numerous premium personal care brands in the region, increased awareness among customers regarding the necessity of clean-label and sustainable ingredients in personal care products. There has been a boom in organic skincare, wellness supplements, and nutraceuticals in the U.S. and Canada that often use Caprylic/Capric Triglycerides for emollient, non-irritating, and digestive-friendly benefits. So, the use of such triglycerides has been quickened with the advent of DTC beauty startups as well as functional food products. Regulatory pressure from the FDA further encourages the development of safe, proven ingredients, great news for Caprylic/Capric Triglycerides, which are recognized as safe (GRAS) and now ubiquitous in the clean formulation world.

The U.S Caprylic/Capric Triglycerides market size was USD 211.50 million in 2024 and is expected to reach USD 393.17 million by 2032 and grow at a CAGR of 8.06% over the forecast period of 2025-2032. The growth is driven by its excellent emollient properties, a light feel, and an established safety record, Caprylic/Capric Triglycerides is being increasingly used in the formulation of skincare and wellness products by leading brands in the U.S. The increasing popularity of clean beauty, vegan cosmetics, and ketogenic diets has only heightened the demand for this ingredient in broader applications. Furthermore, Caprylic/Capric Triglycerides is on the FDA list of Generally Recognized As Safe (GRAS) ingredients, a status that helps instill confidence in manufacturers.  

Europe is expected to hold a significant share during the forecast period owing to sustainable lifestyle, clean beauty trend, and regulatory compliance in the region. Due to the high diligence of European consumers regarding the health safety of ingredients used in cosmetic formulations and their possible adverse environmental impact, many cosmetic manufacturers have begun the common practice of using natural, biodegradable ingredients, such as Caprylic/Capric Triglycerides in skin and hair-care and cosmetic formulations. High demand for quality emollients and carrier oils is further stimulated by the availability of well-known cosmetic brands in countries, such as France, Germany, and Italy.

Key Players:

The major Caprylic/Capric Triglycerides companies are BASF SE, Croda International Plc, IOI Oleo GmbH, Lonza Group, KLK OLEO, Oleon, Stepan Company, Ecogreen Oleochemicals, A&A Fratelli Parodi Spa, and Musim Mas Group.

Recent Developments:

• In 2023, BASF SE initiated a sustainability program highlighting ethical and responsible sourcing of palm oil to facilitate the responsible growth of triglyceride-based ingredient lines in personal care and nutrition markets.

• In 2023, Croda International plc established a state-of-the-art technical centre at Hyderabad, India, primarily for the manufacturing of new and novel ingredients (which include Caprylic/Capric Triglycerides), and also to support pharmaceutical R&D, application testing, and training for biological and small-molecule sectors.