Demand for Synthetic Vitamin E Market to Grow 1.5X by 2030

Preventive medicines and dietary supplements are witnessing high demand growth on the back of increased nutritional requirements thus bolstering the growth of vitamin E market.

For detailed insights on enhancing your product footprint, request for a sample here - https://www.factmr.com/connectus/sample?flag=S&rep_id=4606
 
The scope of vitamin E is further enhanced owing to improved feed conversion efficiency along with high consumption of animal feed. Dietary supplement trends are projected to create remunerative opportunities for vitamin E market during forecast period. This has consequently augmented demand for micronutrient additives, which has further propelled the demand for vitamin E in the value chain.

Demand for vitamin E is anticipated to grow exponentially and is projected to create an absolute $ opportunity of US$ 673 Mn during forecast period 2020 – 2030. Food and beverages trends for nutritious food is projected to push the growth of vitamin E market across the globe. The baby boomer segment is seeking out vitamin E to prevent chronic ailments such as cardiovascular diseases, osteoporosis, and memory loss caused by ageing.

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=4606

Key Takeaways of the Global Vitamin E Market

• Tocopherol type of vitamin E accounts for more than three fourth market share and is anticipated to witness an upward growth trajectory in Vitamin E market during period of forecast 2020 – 2030 owing to the increased additive application in animal feed and food industry.
• Synthetic vitamin E is a major contributor to the global vitamin E market and is projected to grow 1.5X over period of forecast 2020 – 2030, owing to increased consumption of synthetically formulated vitamin E in United States, Europe and Asian countries in the past-half decade.
• Regionally, North America and Europe collectively hold around two thirds of the market share. However, South Asia and East Asia are projected to grow at a higher CAGR than the global average.
• South Asia Vitamin E market is anticipated to hold more than 7.5% market share in terms of value and are likely to gain 190 BPS over forecast period 2020 – 2030.

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/4606

Vitamin E Market: Segmentation

FactMR’s study has done the segmentation of vitamin E market on the basis of type, source, application and region.

Type
• Tocopherols
• Tocotrienols

Source
• Natural
• Synthetic

Application
• Dietary Supplements
• Animal Feed
• Food and Beverages
• Cosmetics
• Others

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/24/2005575/0/en/Sales-of-Food-Thickening-Agents-Soar-Steadily-in-Line-with-Upsurge-in-Demand-from-Bakery-Confectionary-Industry-Says-Fact-MR-in-a-New-Study.html

Strategic Production and Capacity Expansion of Market Players to Point to Further Consolidation

Altogether vitamin E manufacturers are selling around 112 kilotons volume annually to end use industries including animal feed industry, dietary supplements, food and beverages, cosmetics etc where, North America and Europe are highly concentrated markets from the buyer-side as well as from the supply-side. These regions account for more than two-third of the overall vitamin E market. However, several companies have production plants in Asia Pacific owing to economical productio and therefore export vitamin E to developed markets such as United States, Germany, France, Australia etc.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
Content Source: https://www.factmr.com/media-release/1376/global-vitamin-e-market

About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.