The global natural source vitamin E market stands at US$ 0.81 Bn as of now and is expected to reach US$ 1.75 Bn by the year 2032 at a CAGR of 8% between 2022 and 2032.
With growing awareness about health and wellness amongst the millennials, the natural source vitamin E market is expected to grow on an astounding note in the forecast period. Natural source vitamin E is a popular dietary supplement as well. It is being effectively utilized in the form of fortifying micronutrient. With increase in healthcare spending, the customers are opting for high-quality, purified, and concentrated nutrients.
The geriatric population is also in need of natural source vitamin E, as the age factor results in more of ‘tear’ and less of ‘wear’. In all, the trend to consume minimally-processed, naturally-sourced, and sustainable food ingredients is fueling the natural source vitamin E market and the status quo is expected to continue even going forward.
It is a known fact that supplements from the natural origin have turned out to be mainstream, particularly amongst the present generation.
Vitamin E, in its natural source, is available as highly fractioned D-alpha-tocopherol or in the form of its esters. Alpha-tocopherol is known for meeting requirements of human nutrition (out of 8 chemical forms). Accepted units include IU (International Units), in which 1 IU of the vitamin E equates with 0.67 mg d-α-tocopherol (natural vitamin E). The tocotrienols are less common as far as forms of vitamin E are concerned, as tocopherols are available in abundance.
Tocotrienols are used to address genetic disorders, scars, higher cholesterol, and treating certain cancers. They take care of bone and heart as well.
Fortified foods turn out to be economical, convenient, accessible, safe, and affordable platforms for adding micronutrients like vitamin E. Regular intake of vitamin E helps in improvement of immunity, reproduction, health, and meat quality in livestock feed industry.
Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Natural Source Vitamin E Market’. It has its indigenous team of analysts and consultants to execute. There is every mode of research into incorporation – primary, secondary and tertiary, that too, with bottom-up approach employed.
“With vitamin E proving to be useful in skin care and cosmetics as well, the global natural source vitamin E market is bound to grow on a grand note in the forecast period”, says an analyst from Future Market Insights.
Key Takeaways from Natural Source Vitamin E Market
- North America holds more than 40% of the market share. This could be attributed to growing preference for intake of vitamin E in the US.
- Europe holds more than 25% of the market share due to the end-consumers vying for healthy lifestyles.
- The Asia-Pacific is expected to grow at the fastest rate in the natural source vitamin E market going forward. This could be reasoned with countries like India and China being home to millennials opting for foodstuff rich in vitamins.
- As per the FAO, Mexico is the largest producer of milk in LATAM. It has been investing in manufacturing animal feed of better quality with the incorporation of natural source vitamin E, so as to maintain the productivity. This shows that LATAM would be one of the major contributors to natural source vitamin E market in the years to come.
Competitive Arena
- DuPont Nutrition & Health, in June 2018, did launch naturally sourced mixed tocopherols product called ‘GUARDIAN TOCO 30P’. In powdered form, the product actually helps in simplifying concerns regarding manufacturing; like homogeneous distribution, labor-intensive clean-up, handling, and application equipment limitations and costs.
- Archer Daniels Midland Company, since the year 2015, has its two novel natural source vitamin E products called ‘Novatol Sunflower 5-67 Vitamin E’ and ‘Novatol Sunflower Vitamin E Succinate’.
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What does the Report source?
- The research study is based on type (tocopherols and tocotrienols), and by application (food & beverages, health & wellness, and cosmetics).
- With realization of the fact that deficiency of vitamin E could increase risks of various degenerative diseases, the global natural source vitamin E market is bound to grow on a graceful note in the forecast period.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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