The global mixed tocopherols market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.
Mixed tocopherols refer to organic compounds used for preventing and treating a deficiency of vitamin E in the body. They are a mixture of alpha, beta, gamma and delta-tocopherol, which are sourced from distilled whole grains, nuts and soybean, rapeseed, sunflower and corn oil. They are fat-soluble antioxidants with anti-inflammatory, immune-enhancing and anti-platelet aggregation properties. They aid in stabilizing cell membranes and in the treatment of various dermatological problems, such as blemishes, acne and blemishes. Tocopherols inhibit oxidation in cells and minimize cell degradation to prevent cardiovascular and neurological disorders. As a result, they are widely used in the manufacturing of dietary supplements, food and beverages, cosmetics, pharmaceuticals and animal feed.
Mixed Tocopherols Market Trends:
The increasing prevalence of various chronic medical ailments, such as obesity, blood pressure, dementia, diabetes, osteoporosis, hypertension and Parkinson’s disease, is one of the key factors driving the market growth. Tocopherols aid in preventing plaque buildup in the arteries and improving vision, metabolism, blood vessel functioning and immunity. Moreover, significant growth in the pharmaceutical industry across the globe is providing a thrust to the market growth. Mixed tocopherols are added in medicinal drugs to minimize cramps, restless leg syndrome, epilepsy episodes and polyps. Additionally, they are also incorporated in various food and beverages to enhance the nutritive value of the product. In line with this, widespread adoption of mixed tocopherols in animal feed to minimize the adverse effects of heat stress on egg production, weight and shell density and to improve the overall quality of the meat, fur and nails of the livestock, creating a positive outlook for the market. Other factors, including rising healthcare expenditure capacities of the consumers, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global mixed tocopherols market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product and application.
Breakup by Product:
- Alpha Rich
- Gamma Rich
- Gamma-Delta Rich
Breakup by Application:
- Dietary Supplements
- Animal Feed Nutrition
- Food and Beverage Fortification
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Archer Daniels Midland Company, BASF SE, Cargill Inc., DuPont de Nemours Inc., Kemin Industries Inc., Koninklijke DSM N.V., Merck KGaA, Nutralliance, The Scoular Company, Vance Group Ltd. and Vitae Naturals.
|Base Year of the Analysis
||Product, Application, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Archer Daniels Midland Company, BASF SE, Cargill Inc., DuPont de Nemours Inc., Kemin Industries Inc., Koninklijke DSM N.V., Merck KGaA, Nutralliance, The Scoular Company, Vance Group Ltd. and Vitae Naturals.
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Key Questions Answered in This Report:
- How has the global mixed tocopherols market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global mixed tocopherols market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global mixed tocopherols market and who are the key players?
- What is the degree of competition in the industry?