Natural Vitamin E Market to Exhibit 7.54% CAGR Forecast till 2026; Rising Use of Natural Sources in Cosmetic Products

November 04, 2019 | Food & Beverages

The global natural vitamin E market size is expected to reach USD 1,187.59 Million by 2026, according to a report by Fortune Business Insights. Growth strategies such as product launches, company collaborations, and others adopted by leading players will bode well for the market.


According to a report by Fortune Business Insights, titled “Natural Vitamin E Market Size, Share & Industry Analysis, By Type (Tocopherols, and Tocotrienols), Application (Dietary Supplements, Food and Beverages, Cosmetics, and Others), and Regional Forecasts, 2019 – 2026” the market is anticipated to rise from USD 672.18 Million in 2018 at a CAGR of 7.54% during the forecast period of 2019 to 2026.


Vitamins and minerals are crucial nutrients that help to convert food into energy for the body in order to heal wounds, repair any cellular damage, and strengthen the immune system. Vitamin E acts an as antioxidant and helps in proper functioning of most organs in the body by slowing down the process of damaging cells.


Rising Demand from Food and Beverage Industry is Expected to Boost Growth


According to current natural vitamin E market trends, the market is categorized on the basis of type, application, and geography. Based on type, the market is segmented into tocotrienols and tocopherols. Among these, tocopherols are utilized in a majority of diets and are found in greater quantities in most vitamin E sources. They are also used in a wide range of food and beverage products, apart from cosmetic products, and functional foods. Thus, the dominance of tocopherols in the market is likely to continue in the coming years as well.


On the basis of application, the market is categorized into cosmetics, food and beverages, dietary supplements and others. Among these, the dietary supplements segment is leading the global market.


Asia Pacific to Witness Fastest Growth on Account of Rise in Demand for Nutraceuticals


From a geographical viewpoint, the North America market was valued at USD 244.74 Million in 2018. It is further expected to show stable growth in the forecast period. This is owing to the use of natural vitamin E in cosmetic products and fortified food products.


On the other side, Asia Pacific is anticipated to emerge as the fastest growing market for natural vitamin E sources. The swift expansion of nutraceuticals market in the developing nations such as India and China have boosted the demand for vitamins in the region. In addition, most multinational companies are focusing on expanding their geographical reach to developing nations in order to strengthen their base and attract more revenue to the global market.


Expansion Strategies Adopted by Key Players Will Bode Well for the Market


The natural vitamin E market is dominated by companies such as Ingredion Incorporated, Roquette Frères, and Cargill, Incorporated. The dominance of a handful of companies has rendered the market consolidated. Key players are currently focusing on expanding their footprint especially in developing nations. Therefore, they are investing huge amounts for the same. Some of the significant players operating in the global natural vitamin E market include:



  • Koninklijke DSM N.V.

  • Puritan's Pride

  • Amway Corporation

  • Archer Daniels Midland Company

  • Healthful International Co., Ltd. (HSF)

  • BASF SE

  • Nature's Bounty Co.

  • Organic Technologies

  • Herbalife International of America, Inc.


Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry-reports/natural-vitamin-e-market-101591


The global Natural Vitamin E Market can be segmented as mentioned below:








































 ATTRIBUTE


 DETAILS

Study Period



  2015-2026



Base Year



  2018



Forecast Period



  2019-2026



Historical Period



  2015-2017



Unit



  Value (USD Million)



Segmentation



By Type



  • Tocopherols

  • Tocotrienols



By Application



  • Dietary Supplements

  • Food and Beverages

  • Cosmetics

  • Others



By Region



  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, U.K., Italy, Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, Korea, Southeast Asia and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, Saudi Arabia, Turkey, Egypt and Rest of the MEA)


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