Market Research Report
Vitamin E Market Size By Product, By Application, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2020 - 2026
|Published by||Global Market Insights Inc.||Product code||951742|
|Published||Content info||220 Pages
Delivery time: 2-3 business days
|Vitamin E Market Size By Product, By Application, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2020 - 2026|
|Published: July 27, 2020||Content info: 220 Pages||
Vitamin E Market Size By Product (Synthetic Vitamin E, Natural Vitamin E [Tocopherol, Tocotrienols]), By Application (Animal Nutrition, Human Nutrition/Dietary Supplements, Functional Food & Beverages, Cosmetics), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2020 - 2026.
The global vitamin E market is predicted to exhibit a highly exponential growth graph in the ensuing years. The growth can be aptly credited to the expansive application scope of this vitamin, that spans the cosmetic, F&B, and nutrition domains. A fat-soluble nutrient found naturally in numerous foods, Vitamin E acts as an antioxidant for the human body, and helps to protect it from the damage that free radicals cause.
The potential of vitamin E to reduce UV damage in skin will push the industry growth. Vitamin E, when applied in a topical form is likely to nourish as well as protect the skin from damage, owing to which the product finds usage in numerous cosmetic formulations for skin care. Rising demand for the product pertaining to its purported effectiveness at reducing the symptoms of fatty liver disease and atopic dermatitis will also augment the market share.
The global vitamin E market has been bifurcated with respect to product, application, and regional spectrums.
The product landscape has been divided into the synthetic and natural vitamin E segments. The natural segment is further segregated into tocopherols and tocotrienols. Experts suggest that the natural form of vitamin E is much healthier than the synthetic versions. For instance in a Japanese study, seven healthy young female subjects were alternately gave natural and synthetic vitamin E. Apparently, it took around 300 mg synthetic vitamin E to become equivalent to the blood levels that were achieved by a 100-mg dose of natural vitamin E.
On this account, tocopherols in particular, will depict considerable demand in the nutrition landscape. Alpha-tocopherol, vitamin E's most biologically active form, in its natural configuration, comprises one isomer, and is therefore much easily assimilated by the human body as opposed to its synthetic form, that contains eight isomers. Estimates claim tocopherols segment to account for a mammoth 75% in the natural vitamin E market share by 2026.
With regards to the application spectrum, vitamin E industry is divided into functional food and beverages, human nutrition (dietary supplements), animal nutrition, and cosmetic applications. Of these, the human nutrition/dietary supplements segment is anticipated to depict an astounding surge in revenue in the years ahead. This can be attributed to the ability of Vitamin E to boost the human body's immune system, helping it to fight invading bacteria and viruses. The product's potential to enable widening of blood vessels and help keep blood from clotting within will also push the segment growth.
Vitamin E is also used by the body cells to interact with one other and carry out important functions, making it a highly reliable and significant vitamin in the human nutrition space. While vitamin E is found naturally in many foods, it is also available in supplement form. As per estimates, human nutrition/dietary supplements segment is expected to depict over 4.5% CAGR through 2026.
Regionally, vitamin E exhibits high demand in major geographies - North America, the Middle East and Africa, Latin America, Asia Pacific, and Europe. Of these, the expansion of this market is particularly noteworthy across MEA and LATAM. Latin America apparently holds 6.5% of vitamin E market share. This may be attributed to the expansion of the functional food and beverage space in the region and the rising demand for vitamin E formulations in the dermatology sector.
Middle East and Africa vitamin E industry size on the other hand, is anticipated to record around 2.5% CAGR through 2026, driven by the increasing product demand in the regional functional food and beverage domain. Rising product requirement in the dietary supplement space will also serve to augment the MEA business outlook in the forthcoming years.