Overview and Scope
Mixed tocopherols are a group of organic chemical compounds that consists of a blend of various vitamin E sources. They are derived from nuts, seeds, good oils, and spinach. Mixed tocopherols boost brain function, improve skin health and appearance, improve vision, and reduce the risk of cardiovascular disease.
Sizing and Forecast
The mixed tocopherols market size has grown strongly in recent years. It will grow from $5.02 billion in 2023 to $5.31 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to increased awareness of health benefits, increased demand in food and beverages, nutraceutical and dietary supplement trends, focus on natural and organic products, functional ingredients in cosmetics..
The mixed tocopherols market size is expected to see strongly grown in the next few years. It will grow to $6.75 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to research on potential health applications, increasing demand in animal feed, emphasis on natural antioxidants in food preservation, expansion of personal care and cosmetics industry, incorporation in pharmaceutical products.. Major trends in the forecast period include growth in cosmetic and personal care applications, technological advancements in extraction methods, regulatory support and standards, increasing demand for natural preservatives, focus on sustainability and transparent supply chains..
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Segmentation & Regional Insights
The mixed tocopherols market covered in this report is segmented –
1) By Type: Alpha Tocopherols, Beta Tocopherols, Gamma Tocopherols, Delta Tocopherols
2) By Source: Soybean Oil, Rapeseed Oil, Sunflower Oil, Corn Oil, Other Sources
3) By Form: Powder, Liquid, Gel
4) By Application: Food And Beverage, Feed, Dietary Supplement, Pharmaceuticals, Cosmetics
Asia-Pacific was the largest region in the mixed tocopherols market in 2023. The regions covered in the mixed tocopherols market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The growing demand for dietary supplements is expected to boost the mixed tocopherols market. Dietary supplements refer to any vitamin, mineral, herbal product, or other ingestible preparation that is added to supplement the diet that benefits health. Mixed Tocopherols (vitamin E) are natural antioxidants extracted from edible vegetable oils and are widely used as an ingredient in foods and dietary supplements to aid in shielding finished goods from the harmful effects of oxidation. For instance, in October 2021, according to the Consumer Survey on Dietary Supplements by the Council for Responsible Nutrition (CRN), a US-based trade association and lobbying organization for makers and suppliers of ingredients for dietary supplements, the number of Americans consuming dietary supplements grew from 73% in 2020 to 80% 2021. Therefore, the growing demand for dietary supplements drives the mixed tocopherols market.
Key Industry Players
Major companies operating in the mixed tocopherols market report are Archer Daniels Midland Company, Royal DSM NV, BASF SE, DuPont Nutrition & Biosciences Inc., Merck Co. & KGaA, Nutralliance Inc., Scoular Company, Vitae Caps SA, B&D Nutritional Ingredients Inc., Davos Life Science Pte. Ltd., Cofco Tech Bioengineering Co. Ltd., Zhejiang Medicine Company Ltd., Fairchem Organics Limited, Vance Group Ltd., Biotecnologías Aplicadas, Koninklijke DSM N.V, Sigma Aldrich, Cargill inc., BTSA Biotecnologías Aplicadas S.L., Beijing Gingko Group Biological Technology Co., Riken Vitamin Co. Ltd., Eisai Food & Chemical Co. Ltd., Matrix Fine Sciences Pvt. Ltd., Fenchem Biotek Ltd., VAV Life Sciences Pvt Ltd., Mitsubishi Chemical Corporation, American River Nutrition Inc., Penta Manufacturing Company, Advanced Organic Materials S.A., Advanced Technology & Industrial Co. Ltd.
The mixed tocopherols market report table of contents includes:
1. Executive Summary
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