Global Natural Vitamin E Market Outlook
According to a new report by Expert Market Research titled “Global Natural Vitamin E Market Size, Share, Analysis, Report, Demand, Forecast 2023-2028″, the global natural vitamin E market is projected to grow at a CAGR of 5.90% between 2023 and 2028. Aided by the growing awareness for personal health and wellness and the surging demand for natural ingredients and additives, the market is expected to grow significantly by 2028.
Natural vitamin E, a group of eight fat-soluble compounds with antioxidant properties, is typically used as a vital ingredient in a wide range of products, including dietary supplements, fortified foods, and skin-care products. It plays a crucial role in immune function, cell signalling, and metabolism regulation. In addition to its health-related benefits, natural vitamin E also exhibits excellent stabilising and preservative properties, making it a desirable ingredient in various industrial applications, such as pharmaceuticals, cosmetics, and animal feed.
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The surging consumer preference for immunity-boosting food products is fuelling the global natural vitamin E market growth. With growing awareness about the health benefits linked to vitamin E consumption, including protection against heart diseases, cancer, and age-related eye damage, there has been a considerable shift towards diets rich in vitamin E, leading to an upsurge in demand for natural vitamin E-infused products. Moreover, the rising trend of health and wellness has contributed to the increased popularity of natural vitamin E, as it is a common ingredient in dietary supplements consumed by health-conscious individuals.
The widening applications of natural vitamin E across various sectors also significantly contribute to the natural vitamin E market expansion. In the pharmaceutical industry, natural vitamin E is utilised due to its potential therapeutic effects in conditions such as Alzheimer’s, diabetes, and liver diseases. The cosmetics industry uses natural vitamin E for its antioxidant and skin-nourishing properties, essential in formulating various skincare products. Additionally, the antioxidant properties of vitamin E make it a critical component in animal feed, helping to maintain the animal’s health and productivity, thus increasing the natural vitamin E market demand.
Furthermore, the burgeoning demand for natural and organic ingredients in the food and beverage industry has led to a heightened focus on natural vitamin E as a valuable ingredient for health-oriented products. With the rise of veganism and the increasing popularity of plant-based diets, natural vitamin E has become a key component in the formulation of plant-based and fortified food products, thereby amplifying the natural vitamin E market growth.
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Global Natural Vitamin E Market Segmentation
The market can be divided based on type, application, and region.
Market Breakup by Type
- Tocopherols
- Tocotrienols
Market Breakup by Application
- Dietary Supplements and Pharmaceuticals
- Food and Beverages
- Cosmetics
- Animal Feed
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global natural vitamin E companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Archer Daniels Midland Company
- BASF SE
- Koninklijke DSM N.V.
- Matrix Life Science
- Devas Life Science (KLK OLEO)
- Others
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