The Mixed Tocopherols Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Mixed Tocopherols Global Market Report 2024, 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..
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.
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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
The introduction of innovative platforms is a key trend gaining popularity in the mixed tocopherols market. Major companies operating in the mixed tocopherols market are focused on developing innovative platforms to strengthen their position in the market. For instance, in February 2022, Capsoil Foodtech, established by Capsoil and Prodalim Ltd., a Netherlands-based producer of natural fruit extracts and concentrates (NFCs) operating in mixed tocopherols such as vitamin E powders, developed an innovative platform using Capsoil’s proprietary technology that converts bioactive oils into water-soluble powders. This discovery opens new opportunities for incorporating lipid-based nutrients, fat-soluble vitamins, and nutritional oils into a wider variety of functional meals and beverages and as novel supplement formulations that produce a dry, fluid powder that is easily dissolved in hot or cold liquids. The addition of healthy oils, such as those containing vitamins A, D, E, and K, or hemp oils, can make even hot beverages healthier.
The mixed tocopherols market report table of contents includes:
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