Natural Source Vitamin E (Tocopherols and Tocotrienols) – A Global Market Overview
Report Synopsis
Dietary Supplements sector is the largest consumer of Natural Vitamin E worldwide and any upturns and downturns in the demand from Dietary Supplements will directly reflect in the overall Natural Vitamin E market. Amid the pandemic induced upturn in the demand for supplements and fortified foods & beverages, the global Natural Vitamin E consumption has significantly increased during 2020-2021 period. Demand growth for supplements and fortified foods slowed down likewise significantly in 2022 as the threat by the pandemic continued to wane and the global economic conditions weakened.
Global demand for Natural Source Vitamin E reached US$1.1 billion in 2022, registering a YOY growth of 17% attributed to huge price increase in Tocopherols. Rising energy costs, supply chain disruptions and tight supply of vegetable oil distillates has prompted Tocopherols producers to increase prices during the 2021-2022 period. As evident from the industry, vitamin E prices are expected to remain stable at 2022 levels during the forecast period (2022-2028) as the global supply chain conditions are improved and energy costs are coming down. In light of high inflation and rising Tocopherols prices, consumers are likely to become increasingly price sensitive heading into the forecast period, and the global volume consumption of Natural Vitamin E is projected to progress at a moderate CAGR of 3.6% between 2022 and 2025. As economic conditions are expected to back to normal after 2025, the global demand for Natural Vitamin E is projected to reach about 20K metric tons by 2028.
Research Findings & Coverage
• Global Natural Source Vitamin E market is analyzed in this report with respect to key product types and major end-use sectors
• The study exclusively analyzes the market size of each product type and end-use sectors of Vitamin E by a major geographic region/country
• The market for Natural Vitamin E Tocopherols and Natural Vitamin E Tocotrienols is analyzed by end-use applications individually for all major regions/countries
• Analysis of Market Drivers, Restraints and Opportunities
• In-depth analysis is covered for global Natural Vitamin E market with respect to rising prices and inflation while the study also takes the recent pandemic impact in to consideration
• Production capacity shares of all major Tocopherols and Tocotrienols producers are analyzed
• Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
• Major companies profiled – 43
• The indus0try guide includes the contact details for 223 companies
Product Outline
The report analyzes the market for the following key product types of Natural Vitamin E:
• Tocopherols
• Tocotrienols
End-Use sectors of Natural Vitamin E analyzed comprise the following:
• Animal Nutrition/Feed
• Dietary Supplements
• Food and Beverages
• Cosmetics & Personal Care
• Others (include pharmaceuticals, medical nutrition, and infant nutrition)
Analysis Period, Units and Growth Rates
• The report reviews, analyzes and projects the global Natural Vitamin E market for the period 2019-2028 in terms of volumes in Metric Tons and market value in US$ and the compound annual growth rates (CAGRs) projected from 2022 through 2028 with a special focus on y-o-y growth analysis for 2021-2022
Geographic Coverage
• North America (The United States, Canada and Mexico)
• Europe (Germany, France, Italy, Spain, The Netherlands, The United Kingdom and Rest of World)
• Asia-Pacific (China, India, Japan and Rest of Asia-Pacific)
• South America (Brazil, Argentina and Rest of South America)
• Rest of World