Mixed Tocopherols Market Worth 11.94 billion by 2025 | CAGR : 2.4%
The
global mixed tocopherols market is
expected to reach USD 11.94 billion by
2025 according to a new report by Grand View Research, Inc. It is projected
to expand at a CAGR of 2.4%. Increase in demand for dietary supplements driven
by health conscious consumers is expected to play a significant role in market
development. Moreover, demand for Vitamin E in pharmaceuticals for treating
chronic and acute illness is more likely to propel the market growth.
Weaker consumer
demand for lifestyle and wellbeing products due to social restrictions and
lockdown policies shall have a negative impact on the demand patterns of
cosmetic ingredients and certain categories of food additives. However, easing
restrictions and public discourse about restarting economic activities in the
consumer goods marketspace indicates that, the recovery of demand is imminent.
The report will account for Covid19 as a key market contributor.
Naturally
occurring Vitamin E belongs to the class of fat soluble molecules comprising
tocopherols. Vitamin E is a major component gained through intake of
tocopherols since it is known to support cardiovascular, occular, immunity and
neurological health. There are four different tocopherols namely alpha, beta,
gamma, and delta. Amongst these, alpha and gamma tocopherols are extensively
studied as these are found in abundance in the human bloodstream and functional
foods. Most research focuses on alpha tocopherol while latest studies support
gamma tocopherol in supporting human health.
Clinically, the functions of Vitamin E is to
protect cell membranes, supplement immune response, regulate platelet
aggression and protein kinase C activation and support chain breaking
antioxidants. Since Vitamin E is an essential chain breaking antioxidant,
simultaneously it offers resistance towards radical attack and lipid
peroxidation. Its ability to absorb fat is supplementary towards keeping fat
absorption intact and resist any malfunctioning.
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Further key
findings from the report suggest:
·
Globally, gamma
is expected to expand at a CAGR of 4.3% in the forecast period attributing to
health benefits offered along with increase in demand for food products
enriched with high nutritional values
·
Animal feed is an
emerging application expected to account for a CAGR of 3% during the forecast
period. The revenue share is anticipated in a high growth as tocopherols offer
health supplements in improving cattle health
·
Asia Pacific is
dominant in the global market and it is anticipated to retain a high dominance
throughout the forecast period. China is expected to gain a significant
traction in the upcoming years on account of low costs of raw materials. North
America is gaining a huge momentum owing to the stringent regulations in the
U.S. and Canada
·
Key players in
the mixed tocopherols market are adopting growth strategies such as mergers,
acquisitions, and collaborations
Surging
demand for nutritious products such as fortified food and energy drinks is
expected to drive tocopherols demand in North America over the next eight
years. The U.S. is expected to witness moderate growth on account of increasing
health concerns in the country. Stringent government regulations and
anti-dumping laws in the U.S. are anticipated to raise the demand for nature
based products over the foreseeable future.
The growing demand for dietary supplement for enhancing physical
endurance and improving muscle strength is expected to drivethe industry over
the next few years.In addition, vitamin E reduces the sideeffects of medical
treatments such as radiation and dialysis, doxorubicin and amiodarone
medication.
Alpha tocopherols are the main source of vitamin E in dietary
supplements.Regulatory approval to use it as antioxidants for food and as
additives in nutrient preparations for use in infant formula is expected to
drive the global market growth over the forecast period.
Browse Press
Release of this report:
Major industry participants include:
·
COFCO Tech
Bioengineering Co Ltd,
·
Eisai Food &
Chemical Co Ltd
·
BTSA
·
BASF
·
DSM
·
ADM
·
Cargill
·
Vitae Naturals
Some of the
major developments that have taken place over the past few years include:
·
In October 2019,
the Journal of Food Science and Technology revealed a study about analysis of
proportion of lipids and oxidative stability of oils of Meliaceae seeds and
Sapindaceae
·
In September
2019, Anresco Laboratories in San Fransisco released a study stating that
Vitamin E in form of ɑ-tocopherol is highly potent and dangerous to inhale or
direct consumption in humans
·
In May 2019,
analytical studies were conducted to determine if serum ɑ-tocopherol is related
with cause-specific mortality and dose
response relationships. The data from the study revealed that long-term health
benefits were sought from serum ɑ-tocopherol against chronic disease
mortality
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.
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