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Global Mixed Tocopherols Market - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
Global Mixed Tocopherols Market
Global mixed tocopherols market was valued at US $ XX Mn in 2017 and projected to grow at 5.5% Compound Annual Growth Rate (CAGR) over 2018 to 2024
Market Outline: Global Mixed Tocopherols Market
Tocopherol or Vitamin E is a naturally occurring chemical component found in the various food products spinach, nuts, and vegetable oils. Mixed tocopherols refer to the mixture of four homologues tocopherols, namely alpha, beta, gamma, and delta tocopherols. These are fat-soluble antioxidants help to inhibit oxidation in the cells, impede the risk of cell degradation, and prevent the diseases such as cancer.
Market Dynamics: Global Mixed Tocopherols Market
Wide range of applications of tocopherols such as food, animal nutrition/feed, and pharmaceutical applications are anticipated to drive the growth of mixed tocopherols market. Moreover, rise in prevalence of neurological, heart diseases, and cancers and frequent product launchings by the market players are expected to upsurge the revenue of global mixed tocopherols market. However, stringent regulations for the product approval, high cost of R&D, and increase in the raw material prices may hinder the growth of mixed tocopherols market.
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Market Scope: Global Mixed Tocopherols Market
Global mixed tocopherols market is segmented based on product type, source, form, and application
Based on the product type, the market is segmented into the following:
• Alpha Tocopherol
• Beta Tocopherol
• Gamma Tocopherol
• Delta Tocopherol
Based on source, market is segmented into the following:
• Sunflower Oil
• Rapeseed Oil
• Soybean Oil
• Others
Based on the form, the market is segmented into the following:
• Liquid
• Powder
• Gels
Based on the application, market is segmented into the following:
• Dietary Supplements
• Food and Beverages
• Animal Feed
• Pharmaceuticals
• Others
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Regional Analysis: Global Mixed Tocopherols Market
Geographically, global mixed tocopherols market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America mixed tocopherols market growth driven by increase in the prevalence of chronic diseases such as cancer, decrease in the immunity due to change in lifestyle, rise in R&D for the innovation of newer products. Europe mixed tocopherols market is growing at a significant CAGR owing to increase in the meat consumption and rise in usage of antioxidants in cosmetic industry, rapid industrialization of livestock farming, and launch of newer products into the market expected to promote the market growth. Asia Pacific mixed tocopherols market is poised to grow at significant rate due to lower cost of raw material in China, rise in demand for natural food nutrients, and increase in the disposable income expected to boost the market.
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Competition Assessment: Global Mixed Tocopherols Market
Some of the players in the global mixed tocopherols market include:
• DSM N.V. (Netherlands)
• Nutralliance (U.S.)
• BASF SE (Germany)
• Archer Daniels Midland Company (U.S.)
• DuPont Danisco (U.S.)
• Cargill, Incorporated(U.S.)
• Vitae Caps (Spain)
• Eisai Food & Chemical Co., Ltd. (Japan)
• Zhejiang Medicine Co., Ltd. (China)
• COFCO Tech Bio Engineering (China)
Notable Market Developments: Global Mixed Tocopherols Market
In September 2017, Nutralliance launched a mixed tocopherols product RavEtol derived from rapeseed oil
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