Global Mixed Tocopherols Market - 2022-2029

Global Mixed Tocopherols Market - 2022-2029

Market Overview

Mixed Tocopherols Market was valued at USD YY million in 2021. It is forecasted to reach USD YY million by 2029, growing at a CAGR of YY% during the forecast period (2022-2029).

Tocopherols are the class of chemical compounds containing Vitamin E. Each tocopherols have different chemical structure. The main dietary supplements for tocopherols are soybean and corn oil, sunflower oil, rapeseed oil and soybean oil, nuts, seeds, and some leafy green vegetables, such as spinach. Vitamin E is important for protecting body cells from damage. The factors influencing the mixed tocopherols market growth include health & wellness trends such as vitamin fortification in food & beverages and feed and regulations for sourcing, processing, packaging, and labeling food & beverages.

Market Dynamics: Rising demand of mixed tocopherols from food and beverages industry

Increasing demand from the food and beverages industry drives the market growth of mixed tocopherols. They have been tested in many applications like baked goods, cereals, dehydrated potatoes, nuts, fried noodles, and foods such as meat and egg products. Mixed tocopherols solubility in lipids makes them useful in various fat and oils such as vegetable and fish oils, milk fat, poultry fat and lard, and food ingredients such as citrus oils or lecithin. Mixed tocopherols are used as an antioxidant in various meat and poultry products.

Moreover, there is an increasing demand for natural preservatives and natural food like mixed tocopherols. Mixed tocopherols are a natural alternative to synthetic antioxidants. The rapid oxidation of fat and oils in food products is the biggest challenge that leads to color change, rancidity and undesirable tastes and odors. Natural mixed tocopherols help maintain the product's shelf life and freshness.

Furthermore, mixed tocopherols help in preventing heart diseases; due to their antioxidant properties. They support healthy blood vessel function and improve metabolism, faster healing, and increase immunity. They are known to prevent other chronic diseases and cancer. Tocopherols prevent the fats and fat-soluble vitamin A stored in the body from breaking down and combining with other substances that may become harmful to the body. These health benefits of mixed tocopherols drive the market.

Market Segmentation: Gamma tocopherols segment accounted for the highest share in global mixed tocopherols market

In 2021, the gamma tocopherols segment had the highest revenue share of more than XX percent. Gamma tocopherols is the orally bioavailable gamma form of the naturally-occurring fat-soluble vitamin E, found in certain nuts and seeds, with potential antioxidant activity. Gamma tocopherols have the ability to scavenge free radicals, thereby protecting against oxidative damage. Gamma-tocopherols are the major vitamin E in many plant seeds and the US diet. Gamma tocopherols are important to human health with unique features. It is well absorbed and accumulates to a significant degree in human tissues.

Geographical Penetration: North America is the dominating region during the forecast period

Surging demand for nutritious products such as fortified food and energy drinks is expected to drive mixed tocopherols market in North America. The U.S. is expected to witness moderate growth due to increasing health concerns. Stringent government regulatiosn in the U.S. is anticipated to increase the demand for nature-based products like mixed tocopherols. Some of the major companies launched new tocopherols products in the market. For instance, Dupont Nutrition and Health launched a new guardian Toco 30P antioxidant from Naturally Sourced Mixed Tocopherols in the U.S. This product is available in powder form, which is more suitable than liquid. That product attracted people to buy mixed tocopherols. Also, Nutralliance introduced non-GMO and non-soy mixed tocopherols in the U.S. Major companies like ADM are actively working in the US, which is expected to drive the market growth in this country.

Competitive Landscape

There are several established participants in the industry and local manufacturers; hence, the market is fragmented. Several manufacturers and suppliers are working on logistic development and distribution channel enhancement to strengthen their position. Some major market players are ADM, DSM N.V., BASF SE, Danisco, Sigma Aldrich and Nutralliance. Some major key players signed agreements, acquisitions and mergers to expand the product portfolio. For instance, in June 2022, ADM signed a new agreement with B & D. By this agreement, ADM improved its service to West Coast customers. B&D will represent ADM's products, including natural source vitamin E, Novasoy isoflavones, mixed tocopherols and phytosterols. In April 2018, ExcelVite, the largest producer of palm phytonutrients, launched ingredients for non-soy, non-GMO full spectrum vitamin E. EVNol-RP (liquid) and EVNolMax-RP (powder) consist of a natural mixture of tocotrienols and tocopherols.

COVID-19 Impact Positive impact on the global mixed tocopherols market

Customers' attention has moved from reaction to prevention due to the coronavirus outbreak. There are limited therapeutic operations for the prevention and treatment of covid 19. The immune-mediating, antioxidant and antimicrobial roles of vitamins A to E were explored, and their potential role in fighting against COVID-19. Vitamins are important in respiratory infections, acute respiratory distress syndrome (ARDS), and COVID-19. Vitamins A to E highlighted potentially beneficial roles in the fight against COVID-19 by antioxidant effects, immunomodulation, enhancing natural barriers. Awareness of the benefits of consuming vitamins increased the sales of mixed tocopherols. That created a positive impact on the market.

The global mixed tocopherols market report would provide an access to approximately 77 market data tables, 78 figures and 170 pages