The global caprylic/capric triglycerides (MCT) market size was US$ 1.35 billion in 2025 and is estimated to reach US$ 2.54 billion by 2034, with a CAGR of 7.23% over the 2026-2034 forecast period, according to The Insight Partners. Caprylic/capric triglycerides are medium-chain triglycerides derived from coconut and palm kernel oil, used as emollients and carriers in cosmetics, food, pharmaceuticals and personal care.

Caprylic/capric triglycerides serve as emollients and skin-conditioning agents in cosmetics, as carriers and solvents in pharmaceutical and nutraceutical formulations, and as functional ingredients in food and personal care. Demand is tied to the expansion of premium skincare and cosmetics, the growth of nutraceutical and pharmaceutical carriers, and the rising preference for plant-derived medium-chain triglycerides. Asia-Pacific is the largest and fastest-growing region, supported by extensive personal-care and nutraceutical industries in China, India and Southeast Asia.

Europe and North America sustain steady demand in premium cosmetic, pharmaceutical and food applications. Continued personal-care and nutraceutical growth positions caprylic/capric triglycerides as a steadily advancing plant-derived emollient and carrier.