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Global Tocopherols Market Share, Size, Demand, Report, Research, Forecast: By Source: Soybean Oil, Rapeseed Oil, Corn Oil, Sunflower Oil; By Application: Food and Beverage, Feed, Pharmaceuticals, Cosmetics, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Clinical Trials Analysis; Supplier Landscape; 2024-2032
Global Tocopherols Market Outlook
The global tocopherols market size was valued at USD 1.72 billion in 2023, driven by the surging demand for different beauty products, growing urbanisation, and increasing health consciousness. The market is anticipated to grow at a CAGR of 7.8% during the forecast period 2024-2032 to reach a value of USD 4.19 billion by 2032.
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North America to a Hold Substantial Share in the Market Growth of Tocopherols
North America is anticipated to hold a substantial share in the tocopherols market owing to the surging awareness about a healthy diet and the significance of Vitamin E. The increasing demand from feed, functional foods, and dietary supplements sectors especially in the United States, is likely to fuel the market growth of tocopherols.
The health benefits of Vitamin E reduce the probability of pregnancy-related disorders which is likely to enhance the demand for tocopherol in the region. In the United States, the demand for tocopherol is expected to be fuelled by the food and beverage industry. There is high consumption of organic and fortified foods like cereals, spreads, and fruit juices by the industry.
Meanwhile, the Asia Pacific region is expected to grow at a good pace in the tocopherols market. This is attributed to the rapid growth of dietary supplements, animal feed, and pharmaceutical innovations in major economies like Japan, India, and China.
Market Segmentation
Tocopherols are regarded as one of the most significant compounds of free radical scavenging antioxidants that are commonly found in biological tissues and foods. The compounds are amphipathic and contain a hydrophilic chromanol ring coupled with a hydrophobic side chain. They are discoverable in several combinations in tissues of plants.
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By type, the tocopherols market is divided into:
- Alpha Tocopherol
- Beta Tocopherol
- Gamma Tocopherol
- Delta Tocopherol
- Mixed Tocopherol
Based on source, the market is categorised into:
- Soybean Oil
- Corn Oil
- Sunflower Oil
- Rapeseed Oil
- Others
By form, the market is segmented into:
- Powder
- Liquid or Oil
On the basis of application, the market is segregated into:
- Food and Beverage
- Feed
- Pharmaceuticals and Dietary Supplements
- Cosmetics and Personal Care
- Others
The EMR report looks into the regional markets of tocopherols like Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa.
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Rapid Growth in Alpha Tocopherols segment to Fuel the Market Growth of Tocopherols
Based on type, the alpha tocopherols segment is anticipated to register robust market growth during the forecast period. This is owing to the extensive utilisation of alpha tocopherols in medical formulations and projected use in supplements for bone and joint health problems. There is also an increasing demand for alpha tocopherols in beauty and skincare products as it helps protect skin against the harmful effects of UV rays while fighting free radicals.
On the basis of source, the soybean oil segment is expected to boost the tocopherols market on account of the significant production of soybean across the globe. Additionally, there is a high concentration of tocopherols in soybean oil. Increasing usage of tocopherols in dietary supplements and fortification of foods & beverages is further expected to propel the market growth of tocopherols across the globe.
Key Players in the Global Market for Tocopherols
The report presents a detailed analysis of the following key players in the global tocopherols market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- BTSA
- Bio-Pharma Laboratories Pvt. Ltd
- Vitae Caps SA
- Archer Daniels Midland Company
- Koninklijke DSM N.V.
- AOM S.A.
- Others
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Source |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Supplier Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Tocopherols Market Overview
3.1 Tocopherols Market Historical Value (2017-2023)
3.2 Tocopherols Market Forecast Value (2024-2032)
4 Tocopherols Market Landscape
4.1 Global Tocopherols: Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Tocopherols: Product Landscape
4.2.1 Analysis by Type
4.2.2 Analysis by Technology
5 Tocopherols Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Tocopherols Market Segmentation
6.1 Tocopherols Market by Source
6.1.1 Market Overview
6.1.2 Soybean Oil
6.1.3 Rapeseed Oil
6.1.4 Corn Oil
6.1.5 Sunflower Oil
6.2 Tocopherols Market by Application
6.2.1 Market Overview
6.2.2 Food and Beverage
6.2.3 Feed
6.2.4 Pharmaceuticals
6.2.5 Cosmetics
6.2.6 Others
6.3 Tocopherols Market by Region
6.3.1 Market Overview
6.3.2 North America
6.3.3 Europe
6.3.4 Asia Pacific
6.3.5 Latin America
6.3.6 Middle East and Africa
7 North America Tocopherols Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Tocopherols Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Tocopherols Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Tocopherols Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Tocopherols Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Regulatory Framework
12.1 Regulatory Overview
12.1.1 US FDA
12.1.2 EU EMA
12.1.3 INDIA CDSCO
12.1.4 JAPAN PMDA
12.1.5 Others
13 Patent Analysis
13.1 Analysis by Type of Patent
13.2 Analysis by Publication year
13.3 Analysis by Issuing Authority
13.4 Analysis by Patent Age
13.5 Analysis by CPC Analysis
13.6 Analysis by Patent Valuation
13.7 Analysis by Key Players
14 Grants Analysis
14.1 Analysis by year
14.2 Analysis by Amount Awarded
14.3 Analysis by Issuing Authority
14.4 Analysis by Grant Application
14.5 Analysis by Funding Institute
14.6 Analysis by NIH Departments
14.7 Analysis by Recipient Organization
15 Clinical Trials Analysis
15.1 Analysis by Trial Registration Year
15.2 Analysis by Trial Status
15.3 Analysis by Trial Phase
15.4 Analysis by Therapeutic Area
15.5 Analysis by Geography
16 Funding and Investment Analysis
16.1 Analysis by Funding Instances
16.2 Analysis by Type of Funding
16.3 Analysis by Funding Amount
16.4 Analysis by Leading Players
16.5 Analysis by Leading Investors
16.6 Analysis by Geography
17 Partnership and Collaborations Analysis
17.1 Analysis by Partnership Instances
17.2 Analysis by Type of Partnership
17.3 Analysis by Leading Players
17.4 Analysis by Geography
18 Supplier Landscape
18.1 Archer Daniels Midland
18.1.1 Financial Analysis
18.1.2 Product Portfolio
18.1.3 Demographic Reach and Achievements
18.1.4 Mergers and Acquisitions
18.1.5 Certifications
18.2 Cargill Inc.
18.2.1 Financial Analysis
18.2.2 Product Portfolio
18.2.3 Demographic Reach and Achievements
18.2.4 Mergers and Acquisitions
18.2.5 Certifications
18.3 DuPont Danisco
18.3.1 Financial Analysis
18.3.2 Product Portfolio
18.3.3 Demographic Reach and Achievements
18.3.4 Mergers and Acquisitions
18.3.5 Certifications
18.4 Merck KGaA
18.4.1 Financial Analysis
18.4.2 Product Portfolio
18.4.3 Demographic Reach and Achievements
18.4.4 Mergers and Acquisitions
18.4.5 Certifications
18.5 BASF SE
18.5.1 Financial Analysis
18.5.2 Product Portfolio
18.5.3 Demographic Reach and Achievements
18.5.4 Mergers and Acquisitions
18.5.5 Certifications
18.6 Royal DSM
18.6.1 Financial Analysis
18.6.2 Product Portfolio
18.6.3 Demographic Reach and Achievements
18.6.4 Mergers and Acquisitions
18.6.5 Certifications
18.7 Advanced Organic Materials SA
18.7.1 Financial Analysis
18.7.2 Product Portfolio
18.7.3 Demographic Reach and Achievements
18.7.4 Mergers and Acquisitions
18.7.5 Certifications
18.8 BTSA
18.8.1 Financial Analysis
18.8.2 Product Portfolio
18.8.3 Demographic Reach and Achievements
18.8.4 Mergers and Acquisitions
18.8.5 Certifications
19 Tocopherols - Distribution Model (Additional Insight)
19.1 Overview
19.2 Potential Distributors
19.3 Key Parameters for Distribution Partner Assessment
20 Key Opinion Leaders (KOL) Insights (Additional Insight)
21 Company Competitiveness Analysis (Additional Insight)
21.1 Very Small Companies
21.2 Small Companies
21.3 Mid-Sized Companies
21.4 Large Companies
21.5 Very Large Companies
22 Payment Methods (Additional Insight)
22.1 Government Funded
22.2 Private Insurance
22.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
The global tocopherols market reached a value of USD 1.72 billion in 2023.
The market is projected to grow at a CAGR of 7.8% during the forecast period of 2024-2032 to reach a value of USD 4.19 billion by 2032.
The major market drivers are surging demand for different beauty products, growing urbanisation, and increasing health consciousness.
The key market trends include a rise in health concerns, changing lifestyles, and increasing demand from the feed industry.
The major regions in the market are North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
The various types in the market includes alpha tocopherol, beta tocopherol, gamma tocopherol, delta tocopherol, and mixed tocopherol.
The major sources of tocopherols are soybean oil, rapeseed oil, corn oil, and sunflower oil, among others.
The primary forms in the market include powder and liquid or oil.
The various applications in the market include tension leg platforms (TLP), semi-submersible platforms, spar platform, floating production storage and offloading (FPSO), and drill ships, among others.
The major players in the market are BTSA, Bio-Pharma Laboratories Pvt. Ltd, Vitae Caps SA, Archer Daniels Midland Company, Koninklijke DSM N.V., and AOM S.A., among others.
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