Tocopherol Market Analysis, Share, Industry & Revenue [2031]

Tocopherol Market Analysis, Share, Industry & Revenue [2031]

Segments - Tocopherol Market by Applications (Feed, Pharmaceuticals, Food & Beverages, and Cosmetics), Sources (Rapeseed Oil, Sunflower Oil, Corn Oil, Soybean Oil, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author : Riddhesh Dani
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Upcoming | Report ID :MC-4531 | 4.3 Rating | 60 Reviews | 166 Pages | Format : PDF Excel PPT

Report Description


The global tocopherol market size is expected to expand at a CAGR of 9.8% during the forecast period, 2021–2028. The growth of the market is attributed to the worldwide movement of health consciousness which inadvertently enhance health foods.

Tocopherol Market Key Takeaways

Tocopherols are a group of organic chemical compounds that exhibit vitamin E action in some form. They are also fat-soluble alcohols with antioxidant capabilities that help keep cell membranes stable. Owing to certain properties and health advantages, tocopherols and its associated products are extensively used for the treatment of neurological illnesses as well as chronic diseases such as heart problems. It is typically found in health supplements that promote muscular growth. According to research, taking tocopherol on a daily basis helps to lower the risk of heart disease, respiratory illnesses, and other lifestyle diseases.

The COVID-19 pandemic has hampered the growth of several industries throughout the world, creating considerable effects on the behavior of both buyers and sellers. Markets and manufacturing facilities throughout the world have been shut down, thereby halting the manufacture, sale, and promotion of various products. This provides organizations with an option to safeguard their supply chain relationships and business models in the future.

  • Increased concerns about heat stress in animals are expected to increase the usage of tocopherol in animal diets, which is likely to boost the market in the coming years.
  • Rise in demand for high-quality meat and poultry products throughout the world drives the market during the forecast period.
  • High cost of raw materials is a major restraining factor that can hinder the market growth.
  • Demand and supply gap due to the pandemic is a key hurdle that can hamper the expansion of market in the coming years.
  • Government efforts and encouragement for raising awareness about the benefits of tocopherol and increased demand in emerging economies are creating lucrative opportunities of the market during the forecast period.

Scope of the Report

The report on the global tocopherol market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Tocopherol Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Feed, Pharmaceuticals, Food & Beverages, and Cosmetics) and Sources (Rapeseed Oil, Sunflower Oil, Corn Oil, Soybean Oil, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

BASF; Cargill; Merck; DuPont; and Archer Daniels Midland

Market Segment Insights

Feed segment to expand at a considerable CAGR

On the basis of applications, the tocopherol market is segmented into feed, pharmaceuticals, food & beverages, and cosmetics. The feed segment is projected to expand at a considerable CAGR during the forecast period as a result of growing concerns about animal health. Tocopherol is in great demand in the feed sector due to rising demand for high-quality chicken meat and pigs. The most common vitamin E type used to enhance animal diets is all-rac-alpha-tocopherol acetate. On the other hand, the cosmetics segment is anticipated to account for a major market share during the forecast period as it aids in removing sunburns, acne, and blemishes.

Tocopherol Market By Applications

Soybean Oil segment to hold a significant share of the market

In terms of sources, the market is divided into rapeseed oil, sunflower oil, corn oil, soybean oil, and others. The soybean oil segment is expected to hold a significant share of the market in the coming years. Soybean oil antioxidant activity is boosted by its high tocopherol concentration. In the cosmetics business, tocotrienol derived from soybean oil is widely used. However, the sunflower oil segment is projected to account for a significant market share during the targeted period as it contains the high percentage of alpha-tocopherol. Alpha-tocopherol is the orally accessible alpha form of the fat-soluble vitamin E and has cytoprotective properties.

Europe is anticipated to constitute a key market share

In terms of regions, the tocopherol market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe is expected to constitute a key share of the market during the projected period owing to the substantial demand from the products from various industries. The wide consumption of the products by several end-users including food, cosmetics, personal care, nutraceutical, pharmaceutical, and animal nutrition industries in the region presents another key aspect of the regional market growth. These industries make use of tocopherol-based antioxidants both natural and semi-natural. However, the market of Asia Pacific is anticipated to expand at a rapid pace during the forecast period due to increasing urban income and rising awareness for health-benefits products.

Segments

The global tocopherol market has been segmented on the basis of

Applications
  • Feed
  • Pharmaceuticals
  • Food & Beverages
  • Cosmetics
Sources
  • Rapeseed Oil
  • Sunflower Oil
  • Corn Oil
  • Soybean Oil
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • BASF
  • Cargill
  • Merck
  • DuPont
  • Archer Daniels Midland

Competitive Landscape

Key players competing in the global tocopherol market are BASF; Cargill; Merck; DuPont; and Archer Daniels Midland. Davos Life Science's Tocotrienol-Rich Fraction (TRF) products are now promoted by the moniker DavosLife E3 (previously known as Naturale 3). This modification was part of the company's rebranding effort. DavosLife E3 TRF provides a whole spectrum of Tocotrienol isomers as well as a-Tocopherol, all of which are beneficial to one's health. Furthermore, several businesses in the industry closely monitor product launches, innovation, alliances, and market expansions to ensure market growth.

Tocopherol Market By Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tocopherol Market Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Tocopherol Market Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Tocopherol Market Market - Supply Chain
  4.5. Global Tocopherol Market Market Forecast
     4.5.1. Tocopherol Market Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Tocopherol Market Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Tocopherol Market Market Absolute $ Opportunity
5. Global Tocopherol Market Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Tocopherol Market Market Size and Volume Forecast by Applications
     5.3.1. Feed
     5.3.2. Pharmaceuticals
     5.3.3. Food & Beverages
     5.3.4. Cosmetics
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Tocopherol Market Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Tocopherol Market Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Tocopherol Market Demand Share Forecast, 2019-2026
7. North America Tocopherol Market Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Tocopherol Market Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Tocopherol Market Market Size and Volume Forecast by Applications
     7.4.1. Feed
     7.4.2. Pharmaceuticals
     7.4.3. Food & Beverages
     7.4.4. Cosmetics
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Tocopherol Market Demand Share Forecast, 2019-2026
8. Latin America Tocopherol Market Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Tocopherol Market Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Tocopherol Market Market Size and Volume Forecast by Applications
     8.4.1. Feed
     8.4.2. Pharmaceuticals
     8.4.3. Food & Beverages
     8.4.4. Cosmetics
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Tocopherol Market Demand Share Forecast, 2019-2026
9. Europe Tocopherol Market Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Tocopherol Market Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Tocopherol Market Market Size and Volume Forecast by Applications
     9.4.1. Feed
     9.4.2. Pharmaceuticals
     9.4.3. Food & Beverages
     9.4.4. Cosmetics
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Tocopherol Market Demand Share Forecast, 2019-2026
10. Asia Pacific Tocopherol Market Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Tocopherol Market Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Tocopherol Market Market Size and Volume Forecast by Applications
     10.4.1. Feed
     10.4.2. Pharmaceuticals
     10.4.3. Food & Beverages
     10.4.4. Cosmetics
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Tocopherol Market Demand Share Forecast, 2019-2026
11. Middle East & Africa Tocopherol Market Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Tocopherol Market Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Tocopherol Market Market Size and Volume Forecast by Applications
     11.4.1. Feed
     11.4.2. Pharmaceuticals
     11.4.3. Food & Beverages
     11.4.4. Cosmetics
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Tocopherol Market Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Tocopherol Market Market: Market Share Analysis
  12.2. Tocopherol Market Distributors and Customers
  12.3. Tocopherol Market Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. BASF
     12.4.2. Cargill
     12.4.3. Merck
     12.4.4. DuPont
     12.4.5. Archer Daniels Midland

Methodology

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