Global Tocopherol Market - Growth, Trends, and Forecast (2022-2030)

Market Insights

The global tocopherol market is expected to record an estimated CAGR of 4.6%, during the forecast period (2018-2023). The use of ancient grains in bakery/cereal products which are rich in micronutrients and essential acids (chia seed, flax seed, etc.) has proved to be successful sale for gluten free products. The broad spectrum of applications of tocopherols is one of the driving factors for the growth of the tocopherols market. Tocopherols have the ability to fight diseases. They are known to improve neurological disorders and aid prevention of heart and other chronic diseases. The increasing demand for healthy food products is expected to boost the demand for tocopherol during the forecast period

Growing Health Supplement Market

Tocopherol has a number of applications, food & beverage being one of the industries with a significant share of usage. 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. Alpha tocopherol supplements for reducing bone fractures are gaining popularity among the young and geriatric people. Gamma-tocopherol, which is helpful in reducing inflammatory diseases, cardiovascular ailments, and cancerous cells, is highly preferred as an ingredient in nutraceutical products. 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.

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.

Key Developments

• December 2015 – ADM launched two new natural source vitamin e products.
• September 2015 – Nutralliance has introduced non-GMO Tocopherol product.

Major players - ADVANCE ORGANIC MATERIAL S.A., ARCHER DANIELS MIDLANDS COMPANY, B&D NUTRITIONAL INGREDIENTS INC., BASF S.E., CARGILL, COFCO TECH BIO ENGINEERING, DAVOS LIFE SCIENCE PTE. LTD., DSM, EISAI FOOD AND CHEMICAL CO. LTD., among others.

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