Natural Source Vitamin E Market Scope
Natural Source Vitamin E is usually labelled as d-alpha tocopherol, d-alpha tocopherol acetate, or d-alpha tocopherol succinate, although mixed tocopherols can also be found (mixed tocopherols, contain not only d-alpha tocopherol but natural mixtures of beta, gamma, and delta tocopherols). A set of strong antioxidants known as natural vitamin E protects our cells from oxidative damage. Vitamin levels are required for the body to operate correctly and vitamin deficiency can result in infections, eyesight loss, or muscular weakness. Vitamin E is an essential component for optimal health that may be found in a variety of foods and supplements. Vitamin E functions as an antioxidant by protecting the human body from damage, including bacteria and viruses. Increasing number of people suffering from vitamin e deficiency as well as growth in the nutraceuticals and pharmaceuticals market has significantly contributed towards growth of the natural source vitamin E market. Similarly the surge in skin care applications as well as probiotics applications too have driven the growth in the market. Geographically North America is the dominant most market of natural source vitamin E market.
The Natural Source Vitamin E market study is segmented, by Application (Dietary Supplements, Food and Beverages, Cosmetics and Others) and major geographies with country level break-up.
BASF SE (Germany), Riken Vitamin Co., Ltd. (Japan), Beijing Gingko Group (China), Wilmar International Limited (Singapore), Koninklijke DSM N.V. (Netherlands), Archer-Daniels-Midland Company (United States), Zhejiang Worldbestve Biotechnology Co., Ltd. (China), Davos Life Science Pte. Ltd. (Singapore), Eisai Co., Ltd (Japan) and FenchemBiotek Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Sigma-Aldrich (United States), Vance Group Ltd. (Singapore) and Cayman Chemical (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Natural Source Vitamin E market by Type, Application and Region.
On the basis of geography, the market of Natural Source Vitamin E has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In 2019, DSM N.V., the Dutch multinational corporation operating in health, nutrition and materials field has announced forming of joint venture with Nenter and Co. Inc. The joint venture will be created on the grounds of 75/25 rule and will comprise of all Nenterís production and related assets for vitamin E. The DSM is expected to invest USD 160 million for 75% stake in the JV. DSM will update and rebuild the facilities, as well as enhance operational performance, in collaboration with joint venture partner Nente.
In 2020, BASF SE, the multinational German chemical corporation has announced sale of its manufacturing facility based in Kankakee, Illinois- United States. The sale also includes businesses of vegetable-oil-based raw material sterols and natural vitamin E, anionic surfactants and esters which are produced in the facility. The assets will be sold to One Rock Capital Partners, LLCís affiliates. BASF looks to divest this assets in order to focus on human nutrition business.
- Dietary Supplements is the Fastest Growing Segment
- Rising Number of People Suffering from Vitamin E Deficiency
- Growing Demand for Probiotics is expected to drive the Demand
- Growth in the Nutraceuticals, Functional Foods and Personal Care Medicines
- Cosmetics and Skin Care Products may Present Exciting Possibilities especially with Growing Applications of Tocotrienol
- Excess Vitamin E can have Certain Health related Side Effects
- Presence of Adulterated Products in Market
Key Target AudienceNatural Source Vitamin E Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries