This
market research study analyzes the natural source vitamin E market on
global basis and provides estimates in terms of revenue (USD Million)
from 2015 to 2024. It describes the market dynamics affecting the
industry and estimates their impact during forecast period. Moreover,
it highlights the opportunities for the growth of the market in the
next eight years.
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Natural
source vitamin E is fat soluble antioxidant. It acts as an enzymatic
activity regulator and plays an important role in neurological
functions. It also protects lipids and prevents oxidation of
polyunsaturated fatty acids. Increasing consumer concern regarding
toxic chemical additives used in dietary supplements, food and
beverages, and personal care products among others are propelling the
growth of natural vitamin E worldwide. The market for natural source
vitamin E is segmented into three product types: tocopherols,
tocotrienols, and others. By application, the market is further
subdivided into dietary supplements, food and beverages, cosmetics,
and others. The market is classified into five geographic regions -
North America, Europe, Asia Pacific, Middle East and Africa, and
Latin America.
Some
of the major natural vitamin E rich foods are sunflower seeds,
vegetable oils, spinach, peanuts, avocado and broccoli among others.
Intake of vitamin E prevents oxidative stress, facilitates healthy
muscles, and improves eyesight and immunity. Thus there is huge
demand for vitamin E rich food and beverages among health conscious
consumers. Foods with natural vitamin E content aid in protecting
against cancer, heart disease, muscular degeneration, and kidney and
liver damage among others. Natural vitamin E improves moisture
content in the skin and skin texture. It also protects the skin from
harmful UV rays and prevents deposit of melanin. Thus, natural
vitamin E is widely used in cosmetics and skin care applications,
including creams, lotions, lipsticks, and sunscreens among others.
Moreover, it accelerates effects of sunscreen based ingredients and
prevents skin associated disorders. It also improves the stability of
lipid based cosmetics. All these factors coupled with anti-aging
benefits are likely to drive the demand for natural vitamin E based
cosmetics worldwide.
Other
application areas of the natural vitamin E market includes animal
feed. Alpha-tocopherol is the major natural vitamin E active compound
used in feedstuffs and as supplementary in animal diets. It acts as a
biological antioxidant, maintains functional and structural integrity
of cells, and improves immunity and health of animals. Moreover,
these antioxidants are added to animal feedstock in order to enhance
oxidative stability and increase shelf life of meat. Considering all
these factors, there is significant demand for natural vitamin E in
animal feed.
The
growth of Natural
Source Vitamin E market is driven by the rising health
concerns faced by individuals due to unhealthy and sedentary
lifestyles. There has been an increasing need and demand for Natural
Source Vitamin E, which induces healthy living and wellness among
individuals. In addition, the aging population is largely dependent
on vitamins and other nutrients that are natural and effective as
compared to other drugs and medicines. Moreover, economic reforms
coupled with growth in the overall healthcare sector and increasing
private equity investments in the natural vitamins industry is set to
bolster the growth of the market globally.
For
better understanding of the Natural Source Vitamin E market, the
study includes market attractiveness analysis, where the application
types are benchmarked based on their market scope, growth rate and
market attractiveness.
The
report also offers market share analysis of the different industry
participants. Major players have been profiled and their company
overview, financial overview, recent developments and business
strategies have been covered in the report. Key market participants
profiled in the report include: DSM N.V. (Netherlands), BASF SE
(Germany), Archer Daniels Midlands Company (U.S.), Wilmar Spring
Fruit Nutrition Products Co. Ltd. (China), Beijing Gingko Group
(China), Davos Life Science (Singapore), Eisai Food and Chemical
(Japan), Fenchem Biotek (China), Riken Vitamin Co. Ltd. (Japan) and
Zhejiang Worldbestve Biotechnology Co., Ltd. (China).
The
natural source vitamin E market has been segmented as:
Global
natural source vitamin e market: by product
- Tocopherols
- Tocotrienols
Global
natural source vitamin e market: by application
- Dietary Supplements
- Food and Beverages
- Cosmetics
- Others
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