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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.
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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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