Title: Vitamin E Market share to see growth of $2.4 Billion By 2024
1Vitamin E Market Worth USD 2.4 Bn by 2024
Global Market Insights Inc.
2Key Insights from Vitamin E Market
- Vitamin E Market size was over USD 2 billion in
2015, increasing with estimated gains at over
3.5. - Increased consumer affordability coupled with
rising health concerns should drive global
vitamin E market size. Rising applications scope
in pharmaceutical industry for treating
Alzheimer's infection, diabetes, night cramps,
Parkinson's disease, epilepsy, traumatic brain
injury, multiple sclerosis, cerebral palsy and
Huntington's disease, is evaluated to fuel
industry development. - Rich food sources include vegetable oils,
sunflower seeds, peanuts, broccoli spinach, and
avocado. Naturally sourced products are gaining
wide acceptance in anti-aging creams, lotions,
sunscreens, lipsticks, and creams. - U.S. vitamin E market size for functional food
beverages was worth over USD 50 million in 2015.
Rising concern to maintain immunity and health
along with increasing consumer preference for
functional foods will benefit the industry
growth. Rising healthcare cost is among the key
reasons fueling dietary supplement demand in
U.S., Germany, and UK.
3Continued...
- Cosmetic applications accounted for over 5 of
the total demand in 2015 and are likely to
witness fastest growth. Cosmetic industry is
projected to be an attractive application segment
owing to its essential properties including
improvement in UV protection and moisture
content. It also helps in increasing sunscreen
ingredients effectiveness and preventing melanin
deposits. - Rising regulatory compliances pertaining to toxic
chemical additives inclusion in personal care and
food beverages products should fuel product
demand. Raw material shortage along with supply
demand imbalance may impact vitamin E market
price trend. - Geriatric population ratio is increasing in
Japan, with more people moving towards
precautionary supplements to help them stay
healthy. Human nutrition and functional food
together accounts for 24 of the country
demand.Global vitamin E market share is
consolidated with top five companies holding 50
of the global demand in 2015. ADM, Cargill, COFCO
Tech Bioengineering, BASF, and American River
Nutrition are major industry players.
4UK Vitamin E Market size, by application,
2013-2024 (USD Million)
5 Browse Full Market Research Report On Vitamin E
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