Tocopherol Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 9.40 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Tocopherol Market Analysis
The global tocopherol market is forecasted to grow at a CAGR of 9.4% during the forecast period 2020-2025.
- Health foods have the highest share for the use of tocopherol in the food & beverage industry, due to its wide range of health benefits. It is mostly used in health supplements used for gaining muscle mass.
- According to a published study, the regular intake of tocopherol helps in reducing the risk of heart diseases, respiratory disorders, and other lifestyle diseases. The global trend of health consciousness is expected to boost the market for health foods, which inadvertently boosts the growth of the tocopherol market.
Tocopherol Market Trends
This section covers the major market trends shaping the Tocopherol Market according to our research experts:
Strong Demand from Feed Industry
Mixed tocopherol usage in Animal feed industry is booming due to rising concern over animal health. Growing demand for high quality poultry meat and pork has driven the demand of tocopherol in the feed industry. All-rac-alpha-tocopherol acetate is the most common vitamin E form used to supplement animal feeds. Application in animal feed has got a huge opportunity in the field of tocopherol. Adequate amount of tocopherol is required in animal nutrition to protect them from malnutrition and pathogen. In addition, the rising concerns of heat stress on animals are also anticipated to boost the use of tocopherol in animal feeds. Thus, with the rise in demand for quality meat and poultry products globally, the demand for the use of tocopherol in animal feed is also expected to increase.
North America Dominated the Global Market
The United States tocopherol market is driven by high demand from feed, functional foods, and dietary supplements sectors. The US consumers exhibited enhanced awareness regarding the health benefits of vitamin-E and its sources due to their beneficial effects. Furthermore, it reduces the probability of pregnancy-related disorders. The US food and beverage industry is experiencing greater demand for tocopherol, due to increased consumption of organic and fortified foods, such as cereals, fruit juices, and spreads. The Europe tocopherol market is driven by the robust demand projected from the food, cosmetics, personal care, nutraceutical, pharmaceutical, and animal nutrition sectors. These sectors are using natural and semi-natural antioxidants that are manufactured by using tocopherol.
Tocopherol Industry Overview
Archer Daniels Midland, BASF, Cargill, Merck, and DuPont are leading companies and have an extensive product portfolio in tocopherol, with different concentration and grades. These are used as an ingredients in different applications, such as dietary supplements, cosmetic, pharmaceuticals, and animal feeds. Davos Life Science has a brand new name, DavosLife E3 (formerly known as Naturale 3), for their range of Tocotrienol-Rich Fraction (TRF) products. This change is part of the company's rebranding initiative. DavosLife E3 TRF contains a complete spectrum of Tocotrienol isomers and a-Tocopherol that have health benefits. Additionally, even private label players in the market effectively follow product launches, innovation, partnerships, and market expansions for the growth of the market.
Tocopherol Market Leaders
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Archer Daniels Midland
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Cargill Inc.
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DuPont Danisco
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Royal DSM
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Merck KGaA
*Disclaimer: Major Players sorted in no particular order
Tocopherol Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porters Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 By Source
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5.1.1 Soybean Oil
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5.1.2 Rapeseed Oil
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5.1.3 Corn Oil
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5.1.4 Sunflower Oil
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5.2 By Application
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5.2.1 Food and Beverage
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5.2.2 Feed
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5.2.3 Pharmaceuticals
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5.2.4 Cosmetics
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5.2.5 Others
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5.3 Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.1.3 Mexico
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5.3.1.4 Rest of North America
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5.3.2 Europe
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5.3.2.1 Germany
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5.3.2.2 United Kingdom
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5.3.2.3 France
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5.3.2.4 Russia
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5.3.2.5 Spain
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5.3.2.6 Rest of Europe
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5.3.3 Asia- Pacific
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5.3.3.1 India
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5.3.3.2 Australia
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5.3.3.3 China
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5.3.3.4 Japan
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5.3.3.5 Rest of Asia-Pacific
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5.3.4 South America
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5.3.4.1 Brazil
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5.3.4.2 Argentina
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5.3.4.3 Rest of South America
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5.3.5 Middle East & Africa
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5.3.5.1 United Arab Emirates
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5.3.5.2 Saudi Africa
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5.3.5.3 Rest of Middle East & Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Most Active Companies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Archer Daniels Midland
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6.4.2 Cargill Inc.
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6.4.3 DuPont Danisco
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6.4.4 Merck KGaA
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6.4.5 BASF SE
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6.4.6 Royal DSM
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6.4.7 Advanced Organic Materials SA
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6.4.8 BTSA
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Tocopherol Industry Segmentation
Tocopherols are a class of organic chemical compounds, many of which have vitamin E activity also they are fat-soluble alcohols with antioxidant properties, important in the stabilization of cell membranes. They are known to improve neurological disorders and aid the prevention of heart and other chronic diseases. By source, the market is divided into soybean oil, rapeseed oil, sunflower oil, corn oil, and other sources. On the basis of application , the market is divided into food and beverage, feed, pharmaceuticals, cosmetics, and other applications. High content of tocopherols in soybean oil boosts its antioxidant potential. The tocotrienol extracted from soybean oil finds extensive usage in the cosmetics industry. It helps in the removal of sunburns, blemishes, acne, and facilitates the development of new cells.
By Source | |
Soybean Oil | |
Rapeseed Oil | |
Corn Oil | |
Sunflower Oil |
By Application | |
Food and Beverage | |
Feed | |
Pharmaceuticals | |
Cosmetics | |
Others |
Geography | ||||||||
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Tocopherol Market Research FAQs
What is the current Tocopherol Market size?
The Tocopherol Market is projected to register a CAGR of 9.40% during the forecast period (2024-2029)
Who are the key players in Tocopherol Market?
Archer Daniels Midland, Cargill Inc., DuPont Danisco, Royal DSM and Merck KGaA are the major companies operating in the Tocopherol Market.
Which is the fastest growing region in Tocopherol Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Tocopherol Market?
In 2024, the North America accounts for the largest market share in Tocopherol Market.
What years does this Tocopherol Market cover?
The report covers the Tocopherol Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Tocopherol Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Tocopherol Industry Report
Statistics for the 2024 Tocopherol market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Tocopherol analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.