Press release
Vitamin E Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Vitamin E
What Is the Expected Vitamin E Market Size During the Forecast Period?
The vitamin E market will grow from $2.77 billion in 2024 to $2.99 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth is attributed to higher consumption of dietary supplements, animal feed fortification, rising health awareness, demand from the cosmetic industry, and the aging population.
The vitamin E market is expected to grow strongly, reaching $3.97 billion in 2029, with a CAGR of 7.4%. The growth is attributed to increasing demand for functional foods, growth in aquaculture, rising prevalence of chronic diseases, expanding pharmaceutical applications, and consumer shifts towards natural products. Trends include product launches, personalized nutrition, clean label products, plant-based alternatives, and increased research and development investment.
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What Are the High-Growth Segments in the Vitamin E Market?
The vitamin emarket covered in this report is segmented -
1) By Type: Tocopherol Vitamin E Products, Tocotrienol Vitamin E Products
2) By Source: Naturally-Sourced Vitamin E, Synthetically-Sourced Vitamin E
3) By Application: Dietary Supplements, Animal Feed, Food And Beverages, Cosmetics, Other Applications
Subsegments:
1) Tocopherol Vitamin E Products: Alpha-Tocopherol, Beta-Tocopherol, Gamma-Tocopherol, Delta-Tocopherol
2) Tocotrienol Vitamin E Products: Alpha-Tocotrienol, Beta-Tocotrienol, Gamma-Tocotrienol, Delta-Tocotrienol
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What Key Drivers Are Expected to Influence Future Vitamin E Market Growth?
The growing demand for skincare products is expected to boost the vitamin E market. Skincare products are designed to maintain and enhance skin health, with a rising demand driven by greater awareness of skin health and social media influence. Vitamin E is a beneficial ingredient for moisturizing, protecting, and healing skin. For example, the UK saw sales of skincare products rise to 479,569 units in 2022, a 3.9% increase from 2021. Therefore, the demand for skincare products is driving the growth of the vitamin E market.
Which Companies Hold the Largest Share Across Different Vitamin E Market Segments?
Major companies operating in the vitamin e market are Archer Daniels Midland Company (ADM), BASF SE, Brenntag AG, Evonik Industries AG, Kao Corporation, DSM Nutritional Products, Amway Corporation, Lonza Group AG, Glanbia Plc, Alfa Laval AB, Herbalife Nutrition Ltd., Sime Darby Plantation Berhad, Lubrizol Corporation, Kemin Industries Inc., Schwabe Group, Vitamin Shoppe Industries Inc., Naturex SA, Swanson Health Products Inc., Nature's Way Products LLC, AstaReal AB, Kensing LLC, NutriScience Innovations LLC, Vitae Naturals, Hawkins Watts Limited
What Trends Are Driving Growth in The Vitamin E Market?
Major Companies in the vitamin E market are enhancing health products with advanced ingredient combinations like vitamin E creams to provide diverse health benefits. Vitamin E cream, known for its antioxidant properties, helps moisturize, protect, and repair the skin. In April 2024, P&G Health's Evion, an India-based pharmaceutical manufacturer, introduced a Vitamin E Cream that combines Vitamin E with Aloe Vera for enhanced skin nourishment and a radiant appearance. This product incorporates both natural and synthetic Vitamin E forms, addressing the needs of various industries such as cosmetics and dietary supplements.
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What Are the Emerging Geographies for The Vitamin E Market Growth?
Europe was the largest region in the vitamin E market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vitamin e market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Vitamin E Market?
2. What is the CAGR expected in the Vitamin E Market?
3. What Are the Key Innovations Transforming the Vitamin E Industry?
4. Which Region Is Leading the Vitamin E Market?
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