The global mixed tocopherol market is projected to grow at a CAGR of 5.45% to reach US$3.388 billion by 2027, from US$2.337 billion in 2020.
Dietary supplements are increasingly important for the wellbeing of the body and the maintenance of good health. According to the National Institutes of Health, there are many adults in the United States, who consume one or more vitamins or other dietary supplements daily. These are essential as dietary supplements, which contain a variety of vitamins, also contain minerals, herbs, amino acids, and enzymes, which ensure the proper functioning of the body.
Moreover, mixed tocopherols (Vitamin E) come in many forms such as drinks, energy bars, or tablets in order to appeal to consumers of all age groups, including children, adolescents, and adults. In addition, if mixed tocopherols are taken in combination with other vitamins such as Vitamin C and minerals, including zinc, copper, lutein, and zeaxanthin, they prove to be more beneficial than single vitamin doses and aid in slowing down vision loss in individuals that suffer from age-related macular degeneration. Therefore, these factors are causing the demand for mixed tocopherols to increase and are leading to market growth over the forecast period.
Product launches and product offerings by major market players in the mixed tocopherol market.
Furthermore, the rising interest among the market players in order to effectively increase and launch better-mixed tocopherol supplements and products in the market is causing them to get involved intensely in order to increase their market share and contribute to the growth of the market over the forecast period.
Some of examples of product launches and offerings are as follows:
The Asia-Pacific region is estimated to hold a notable market share over the forecast period owing to the rising consumption by different individuals with instances of vitamin and mineral deficiencies and the affordability of these products. On the other hand, the North American region is estimated to hold a significant share over the forecast period owing to the well-established pharmaceutical industry and the rising investments being made into the healthcare development of better supplements.
The Asia-Pacific region is estimated to hold a significant share over the forecast period owing to the fact that there are rising concerns among individuals to lead a healthier lifestyle as well as that there are a host of diseases and health problems associated with vitamin deficiencies in countries such as India. Moreover, there is a wide variety of pharmaceutical and healthcare companies involved in the manufacture and provision of quality supplements at affordable prices. Which is attributable to the lower manufacturing costs in the country. Thus, this factor is contributing to the market share the region holds.
On the other hand, the North American region is estimated to hold a significant share over the forecast period owing to the fact that there are an increasing number of investments being made into the development of enhanced and effectively formulated supplements in addition to the well-established and fast-growing pharmaceutical industry in countries such as the US.
The pandemic initially had a negative global mixed tocopherol market due to the lockdowns that followed which resulted in the shutdown of supermarkets and retail stores which negatively impacted the sales of food and beverages where mixed tocopherols are majorly used. However, with the increased awareness among people regarding good health and immunity, the market showed a rise in 2021 and is expected to grow at a steady pace in the forecasted period.
|Market Size Value in 2020||US$2.337 billion|
|Market Size Value in 2027||US$3.388 billion|
|Growth Rate||CAGR of 5.45% from 2020 to 2027|
|Forecast Unit (Value)||USD billion|
|Segments Covered||Product, Form, Application, And Geography|
|Regions Covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies Covered||DSM, BASF SE, BTSA, ZMC, Vitae Caps, s.a., Organic Technologies, Matrix Fine Sciences Pvt. Ltd., Fairchem Speciality Limited, Kemin Industries, Inc., Chemical Construction International (P) Limited|
|Customization Scope||Free report customization with purchase|
Frequently Asked Questions (FAQs)
Q1. What will be the mixed tocopherol market size by 2027?
A1. The global mixed tocopherol market is projected to reach a market size of US$3.088 billion by 2027.
Q2. What is the size of the global mixed tocopherol market?
A2. Mixed Tocopherol Market was valued at US$2.337 billion in 2020.
Q3. What are the growth prospects for the mixed tocopherol market?
A3. The mixed tocopherol market is projected to grow at a CAGR of 5.45% over the forecast period.
Q4. Which region holds the largest market share in the mixed tocopherol market?
A4. The Asia Pacific region is estimated to hold a notable share in the mixed tocopherol market owing to the rising consumption by different individuals with instances of vitamin and mineral deficiencies and the affordability of these products.
Q5. How is the global mixed tocopherol market segmented?
A5. The global mixed tocopherol market has been segmented by product, form, application, and geography.
1.1. Market Overview
1.2. COVID-19 Impact
1.3. Market Definition
1.4. Market Segmentation
2. Research Methodology
2.1. Research Data
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. Global Mixed Tocopherol Market Analysis, By Product
5.2. Alpha Tocopherols
5.3. Beta Tocopherol
5.4. Gamma Tocopherol
5.5. Delta Tocopherol
6. Global Mixed Tocopherol Market Analysis, By Form
7. Global Mixed Tocopherol Market Analysis, By Application
7.2. Food Preservation
7.3. Dietary Supplements
7.4. Animal and Pet Food
8. Global Mixed Tocopherol Market Analysis, By Geography
8.2. North America
8.3. South America
8.4.3. United Kingdom
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.6. Asia Pacific
8.6.3. South Korea
9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. Company Profiles
10.2. BASF SE
10.5. Vitae Caps, s.a.
10.6. Organic Technologies
10.7. Matrix Fine Sciences Pvt. Ltd.
10.8. Fairchem Speciality Limited
10.9. Kemin Industries, Inc.
10.10. Chemical Construction International (P) Limited
Vitae Caps, s.a.
Matrix Fine Sciences Pvt. Ltd.
Fairchem Speciality Limited
Kemin Industries, Inc.
Chemical Construction International (P) Limited
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