Tocopherols Market Size, Share and Global Trend By Source (Soybean oil, Rapeseed/Canola oil, Sunflower oil), Type (Alpha Tocopherols, Beta Tocopherols, Gamma Tocopherols, Delta Tocopherols), Application (Food & Beverages, Cosmetics, Feed, Pharmaceuticals) and Regional Forecast, 2024-2032

Tocopherols are plant-derived antioxidants that find extensive applications in food processing industry – apart from enhancing the nutritional profiles of the food matrices in which they are utilised, they are also known to significantly extend shelf-life, minimise colour and flavour degradation, and support consumer-friendly label claims. With the increasing demand for functional food products that add specific health benefits, tocopherols demand is projected to rise significantly during the forecast period. Consumers are preferring the tocopherols derived from non-GMO, non-soy, and organic versions. Dairy and confectionery are the two largest fortified/function food product groups driving the demand for tocopherol ingredients.

The global tocopherols market is driven primarily by the robust demands for natural preservatives from food processors and manufacturers. This trend is essentially due to the growing inclination towards a diet-based approach for the overall health benefits in general and anti-aging benefits in particular. 

The natural oxidants in the global marketplace are plenty. Right from lecithin, rosemary extract, to ascorbic acid, food processors are equipped with different natural additives however tocopherols are highly popular and preferable option owing to their availability, ease of extraction and processing. The application of tocopherols in fats and oils is also one of the driving factors for its sales performance. The utilization of genetically modified (GM) raw materials for the extraction of tocopherols is expected to hamper the sustainable growth of the market, this also drastically affects the business interests of organic processors and certifying bodies. The label claims that consumers are seeking in food products then becomes vague and non-confirming. The growing supply-demand imbalance for natural antioxidants and consequent price fluctuations is expected to negatively affect the global tocopherols market. 

KEY PLAYERS COVERED

• Cargill


• Archer Daniels Midland Company


• BASF


• DSM


• Davos Life Science Pte Ltd.

TOCOPHEROLS MARKET SEGMENTATION ANALYSIS

Tocopherols derived from soybean and palm oil is leading the global market. Soybean oil is an important source of tocopherols owing to its high global production, especially in Brazil, Argentina, U.S and China.

Alpha tocopherol is one of the leading segment which finds extensive utilization in supplements and medicinal formulations targeting bone and joint health disorders. They are also incorporated in a wide range of skincare products.

REGIONAL ANALYSIS

The strong regional demand from the nutraceuticals and cosmeceuticals sectors is driving the consumption of tocopherols in the global market. This trend is strong in the developed markets wherein consumers are increasingly opting for naturally sourced ingredients in the functional foods as well as the supplements that they are purchasing. 

The tocopherols are expected to witness greater demand in the Asia Pacific owing to its strong demand from animal feed sector. The mixed tocopherols derived as a secondary product of dl-alpha-tocopherol production are widely utilised as a natural-source antioxidant in the feed industries. They are used in feed products intended to combat some diseases caused by a deficiency of vitamin E.

KEY INDUSTRY DEVELOPMENTS

• In July 2018, DuPont Nutrition & Health launched Guardian Toco 30p, a highly effective and label-friendly antioxidant from naturally sourced mixed tocopherols in a powder form. The main application of this powder is low moisture foods, such as cereals, bars and snacks.




• In July 2018, ExcelVite, a PIC/S GMP-certified palm phytonutrient producer launched two new branded ingredients, EVNol-RP and EVNolMax-RP. EVNol-RP (liquid) and EVNolMax-RP (powder) consist of a natural mixture of tocotrienols and tocopherols (all 8 isoforms of vitamin E as found in diet/nature) derived from non-GMO and non-soy vegetable oils.