The report "Mixed Tocopherols Market by Source (Soybean Oil, Rapeseed Oil, Sunflower Oil, and Corn Oil), Function, Compound, Form, Application (Food & Beverage, Feed, Dietary Supplements, Pharmaceuticals, and Cosmetics), and Region - Global Forecast to 2022", is projected to reach USD 5.27 Billion by 2022, at a CAGR of 5.4% from 2016. The market is driven by factors such as increase in demand for natural sources of nutrients and vitamins, rise in disposable incomes and various health benefits associated with mixed tocopherols. High growth potential in the emerging markets and untapped regions provides new growth opportunities for the market players.
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Mixed tocopherols are used by food & beverage and feed manufacturers to meet the global consumer demand for vitamin E-rich products. Mixed tocopherols are widely used as a source of vitamin E by pharmaceutical and dietary supplement manufacturing companies. The mixed tocopherols market is diversified and competitive, with a large number of players, including large conglomerates, mid-tier companies, and start-up firms, though the market is dominated by a few large players. The global market is witnessing a shift, due to rising customer concerns for a balanced diet and growing incidences of chronic diseases. Food & beverage and feed manufacturers have been fortifying their products with mixed tocopherols to enhance their health benefits.
The mixed tocopherols market has been segmented, on the basis of application, into food & beverage, feed, dietary supplements, pharmaceuticals, and cosmetics. The market for cosmetics is expected to grow at the highest CAGR between 2017 and 2022. Among all the applications, the feed has the most common mixed tocopherols application. Mixed tocopherols have various functional characteristics; they can function as antioxidants, preservatives, nutrient stabilizer, and flavor protectors. These features increase the demand for mixed tocopherols in various application industries.
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Growth in the middle-class population in the region, with increase in disposable incomes and the demand for natural and nutrient foods are propelling the growth of the mixed tocopherols market. The per capita consumption of mixed tocopherols in the Asia-Pacific region is driven by growing economies such as China, India, Australia & New Zealand, Japan, and South Korea. A large number of multinational companies have expanded their footprint in these countries, which has also driven the market for mixed tocopherols.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as BASF SE (Germany), DSM N.V. (Netherlands), Archer Daniels Midland Company (U.S.), Nutralliance (U.S.). Vitae Caps (Spain), Sigma-Aldrich Co. LLC. (U.S.), DuPont Danisco (U.S.), and Cargill.
Target Audience:
- Bakery food manufacturers
- Processed food manufacturers
- Bakery & confectionary importers and exporters
- Meat product importer and exporters
- Associations and industry bodies such as the European Union (EU), Eurostat, and UN Comtrade
- Raw material producers, suppliers, and distributors
- Research and consulting firms
