April 04, 2022
According to the research report titled ‘Tocopherols Market Size, By Type (Alpha Tocopherols, Delta Tocopherols, Mixed Tocopherols), By Source (Soybean Oil, Sunflower Oil, Rapeseed Oil), By Application (Dietary Supplements, Animal Feed Nutrition, Cosmetics, Pharmaceuticals, Food & Beverages), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global tocopherols market is anticipated to garner notable returns by the year 2027.
According to the report, rising consumer awareness of product benefits all over the world, as well as growing intake of health supplements by individuals, and increasing demand from animal feed sector are the major growth stimulants for tocopherols market.
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For the unversed, tocopherols are a category of fat-soluble phenolic compounds that are significant sources of vitamin E. A chromanol ring and a 16-carbon phytyl chain are found in every tocopherol. These compounds have been suggested to reduce the risk of cancer due to their significant antioxidant effects.
Notably, a reduced vitamin E nutritional status has been linked to a higher risk of various types of cancer in several research studies. Cognizance of this knowledge and subsequent research focus on health benefits of product are expected to boost the industry outlook during the forecast years.
Based on type, the others segment, apart from alpha, delta, and mixed tocopherols, is slated to grow with a CAGR of 4.6% over the analysis timeframe.
In terms of source, the rapeseed oil segment of tocopherols industry is poised to attain a valuation of USD 43.91 million by 2027. Meanwhile, the others segment is expected to progress with a CAGR of 5.1% over the forecast period.
On the basis of application spectrum, the food & beverage segment is anticipated to record a 6.8% CAGR during the study duration.
Regionally speaking, Latin America industry is slated to grow at a CAGR of 6% to attain a valuation of USD 36.61 million by 2027. Whereas Middle East & Africa market is anticipated to be worth USD 32.04 million by 2027.
The key players in worldwide tocopherols market are Vitablend Nederland B.V., Impextraco N.V., Camlin Fine Sciences Limited, Provitas LLC, Advanced Organic Materials S.A., Kemin Industries Inc., DuPont de Nemours Inc., Fairchem Organics Limited, Riken Vitamin Co. Ltd., Vance Group Ltd., Eisai Food & Chemical Co. Ltd., Vitae Naturals, COFCO Tech Bioengineering (Tianjin) Co. Ltd., Zhejiang Medicine Co. Ltd., BTSA, Archer Daniels Midland Company, Kensing LLC, and Koninklijke DSM N.V.