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Global Mixed Tocopherols Market Expected to Grow at a CAGR of 5% During 2021-2026, Driven by the Rising Demand from the Cosmetics Industry

According to a new report by EMR titled, 'Global Mixed Tocopherols Market Report and Forecast 2021-2026', the global market for mixed tocopherols is expected to grow at a CAGR of 5% in the forecast period of 2021-2026.

The market for mixed tocopherols is being driven by the rising use of vitamin E to treat patients with diseases, such as Parkinson’s disease, diabetes, dementias, epilepsy, and Huntington’s chorea, which is resulting in the rising product demand from the pharmaceutical industry and the consequent market growth of mixed tocopherols. The rising demand for the product from the cosmetics industry to be used as a natural raw material source of vitamin E is aiding the growth of the mixed tocopherols industry.

BASF SE (OTCMKTS: BASFY), a German MNC and the largest chemical producer across the globe, has a line of Covi-Ox® mixed tocopherols product range. It is a highly effective, naturally sourced antioxidant that prolongs the shelf life of a diverse range of food products containing fat. Covi-Ox® mixed tocopherols is a naturally sourced solution that prevents oxidative rancidity in fats and oils, without influencing the flavour of the product. The new product innovations are expected to further enhance the market growth of mixed tocopherols over the forecast period of 2021-2026.

Market Analysis by Source, Form, Compound, Function, End Use, and Region:

  • The mixed tocopherols industry, on the basis of source, is divided into soybean oil, rapeseed oil, sunflower oil, and corn oil, among others.
  • Based on form, the industry is segmented into powder, liquid, and gel.
  • By compound, the industry is segregated into alpha tocopherol, beta tocopherol, gamma tocopherol, and delta tocopherol.
  • Based on function, the industry is categorised into antioxidation, preservation, nutrient stabilization, and flavour protection, among others.
  • By end-use, the industry is divided into food and beverage, dietary supplements, pharmaceuticals, cosmetics, and feed, among others.
  • Regionally, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global mixed tocopherols industry is driven by the rising demand from various industries like pharmaceuticals and food and beverages.
  • The market is further aided by the rising health concerns, which is increasing the demand for the product.
  • The market is positively affected by the rising per capita incomes, rapid urbanisation, and changing lifestyles. 

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for mixed tocopherols for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the sources, forms, compounds, functions, end-uses, and major regions of mixed tocopherols. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

Archer Daniels Midland Company, BASF SE, Koninklijke DSM N.V., DuPont de Nemours, Inc., Fairchem Speciality Limited, and Wiley Companies, among others, are the key players in the global mixed tocopherols market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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