The natural source vitamin E market share leads to a moderate CAGR of 8% in the global market during the forecast period. Speaking of which, the global market retains a forecasted revenue of US$ 0.81 Billion in 2022 and is expected to cross US$ 1.75 Billion by 2032. From the aforementioned data analysis, the demand for natural source vitamin E is likely to grow in the course of the forecast period.
The natural source vitamin E market is expanding rapidly as customers prioritise natural and sustainable ingredients in their cosmetics and dietary supplements. Natural vitamin E, produced from sources such as vegetable oils and almonds, is prized for its antioxidant and skin-rejuvenating qualities. With increased demand for clean label products, the natural source vitamin E market is expected to grow further.
The natural source vitamin E market is expanding rapidly as consumers place a greater emphasis on natural and sustainable ingredients in their cosmetics and dietary supplements. Natural vitamin E, produced from sources such as vegetable oils and almonds, is recognised for its antioxidant capabilities and skin-rejuvenating properties. With increased demand for clean label products, the natural source vitamin E market is expected to expand further.
Natural sources of vitamin E include plants and oilseeds, which are derived from the environment. Therefore, the availability of these sources presents a challenge for vitamin E producers using natural sources. Additionally, natural source vitamin E is highly expensive on the market, thus manufacturers choose to use synthetic vitamin E instead of vitamin E from natural sources when creating their products.
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Demand for Tocopherols to Increase in the Upcoming Years as Compared to the Tocotrienols Globally
Tocopherols and tocotrienols are the fractionated form of natural source vitamin E that is available in the market. The use of tocopherols in the market is high as compared to that of tocotrienols. This is because the use of tocopherols in a variety of applications has increased its demand. Also, tocotrienols is not easily absorbed by the body and thus it cannot be distributed to all the cell equally. This has led to the use of tocotrienols more in cosmetics and personal care products. But the use of natural source vitamin E is the highest in the dietary supplements. It is also used in food and beverages such as functional dairy products. The tocopherol component of natural source vitamin E is used in these.
Natural Source Vitamin E Market: Key Developments
In 2015, Archer Daniels Midland Company (ADM) launched two new products under the Novatol brand, Sunflower 5-67 Vitamin E and Sunflower Vitamin E Succinate. Both the products are natural source vitamin E and are extracted from non-GMO sunflower oil.
Natural Source Vitamin E Market: Regional Analysis
Natural source vitamin E is already popular in North America and Europe. The demand for external supplements is high in these regions as health awareness among the consumers is high here. But the demand for natural source vitamin E is expected to experience high growth in the Asia Pacific region. The increasing disposable income and consumer awareness in the Asia Pacific region are few of the factors that will result in its increased demand of natural source vitamin E in this region.
Natural Source Vitamin E Market: Key Participants
The key participants for the natural source vitamin E market are:
- Archer Daniels Midland Company
- Fairchem Speciality Limited
- Organic Technologies
- Xi’an Healthful Biotechnology Co. Ltd.
- Koninklijke DSM N.V.
- BASF SE
- Now Foods
- Davos Life Science Pte Ltd.
- Elementa Food Ingredients
- Eisai Food & Chemical Co. Ltd.
- Wilmar Spring Fruit Nutrition Products Co. Ltd.
- Riken Vitamin Co. Ltd.
- Zhejiang Worldbestve Biotechnology Co. Ltd.
- SourceOne Global Partners
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The research report presents a comprehensive assessment of the natural source vitamin E market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as form, product type and application.
The report covers exhaustive analysis on:
- Natural Source Vitamin E Market Segments
- Natural Source Vitamin E Market Dynamics
- Natural Source Vitamin E Market Size
- Natural Source Vitamin E Supply and Demand
- Current Trends/Issues/Challenges pertaining to Natural Source Vitamin E Market
- Competition Landscape and Emerging Market Participants in Natural Source Vitamin E Market
- Technology related to Production/Processing of Natural Source Vitamin E
- Value Chain Analysis of the Natural Source Vitamin E Market
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Natural Source Vitamin E Market: Segmentation
The natural source vitamin E can be segmented on the basis of form, product type and application.
On the basis of form, the natural source vitamin E can be segmented as:
- Powder/Granules
- Extract/ Oil
On the basis of product type, the natural source vitamin E can be segmented as:
- Tocopherol
- Tocotrienol
On the basis of application, the natural source vitamin E can be segmented as:
- Food and Beverages
- Pharmaceuticals
- Dietary Supplements
- Cosmetics and Personal Care
- Animal Feed
Report Highlights:
- Detailed overview of parent market
- Changing dynamics of the natural source vitamin E market in the industry
- In-depth market segmentation and analysis
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments in the natural source vitamin E market
- Competitive landscape of the natural source vitamin E market
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on natural source vitamin E market performance
- Must-have information for natural source vitamin E market players to sustain and enhance their market footprint
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