Overview of the global mixed tocopherols market
The food and beverage industry highly depends on mixed tocopherols because they are used as preservatives, antioxidants, flavor protectants, and nutrient stabilizers. Research analysis on the global mixed tocopherols market identifies that the growing demand for mixed tocopherols as antioxidants will be one of the major factors that will have a positive impact on the growth of the market. Compounds such as alpha tocopherol, beta tocopherol, gamma tocopherol, and delta tocopherol present in mixed tocopherols have many applications. The delta and gamma rich tocopherols are preferred as antioxidants in animal feed and food ingredients. Mixed tocopherols prevent the oxidative reaction in food products and inhibit the formation of free radical in food fats. The rising need for antioxidants and preservatives will continue to drive the market’s growth. Technavio’s market research analysts predict that this market will grow at a CAGR of close to 5% by 2021.
The increasing need for mixed tocopherols in nutricosmetics is identified as one of the key trends that will stimulate growth in the global mixed tocopherols market during the projected period. Cosmetic products are sensitive to oxygen. The application of mixed tocopherols in cosmetic products helps to stabilize the ingredients. This in turn, helps to prevent premature aging, skin dryness, and skin damage when exposed to sunlight directly.
Competitive landscape and key vendors
The mixed tocopherols market is moderately fragmented. The parent market for mixed tocopherols is the global specialty chemicals market. The vendors in the market are focusing on expanding their manufacturing facilities and innovation centers. They are also focusing on product and services portfolio to generate more revenue.
Key vendors in this market are -
- Archer Daniels Midland
- BASF
- DuPont
- Merck
- Royal DSM
Other prominent vendors in the market include American River Nutrition, AOM, B&D Natural Ingredients, BTSA, Cargill, COFCO International, Eisai Food and Chemicals, KLK OLEO, Organic Technologies, VitaeNaturals, and Zhejiang Langbo.
Segmentation by compound type and analysis of the mixed tocopherols market
- Gamma-rich mixed tocopherols
- Alpha-rich mixed tocopherols
- Delta-rich mixed tocopherols
- Beta-rich mixed tocopherols
Soybean seeds and soybean oil are used to extract gamma-rich mixed tocopherols, which are the best source of vitamin E. Gamma-rich mixed tocopherols helps in the prevention of diseases such as atherosclerosis, cardiovascular diseases, and cancer. This in turn, drives its adoption in the pharmaceutical industry. The tocotrienols supplements market in the gamma-rich mixed tocopherols segment will continue to grow for the next four years because it is extensively used to prevent premature aging, prevent free-radicals, and act as excellent antioxidants.
Segmentation by geography and analysis of the mixed tocopherols market
- APAC
- Europe
- North America
- ROW
The consumption of mixed tocopherols is high in Europe due to their diversified application segments and excellent properties such as anti-inflammatory, anti-oxidative, anti-platelet aggregation, and immunity enhancement. This in turn, will boost its demand for pharmaceutical applications to prevent various illness. The market will continue to witness growth in the region throughout the predicted period due to the rise in the number of hospital cases regarding pulmonary diseases, heart attacks, strokes, and diabetes.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global mixed tocopherols market?
- What are the key market trends impacting the growth of the global mixed tocopherols market?
- What are the challenges to market growth?
- Who are the key vendors in the global mixed tocopherols market?
- What are the market opportunities and threats faced by the vendors in the global mixed tocopherols market?
- What are the trending factors influencing the market shares of APAC, Europe, North America, and ROW?
- What are the key outcomes of the five forces analysis of the global mixed tocopherols market?
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