Tocopherols are naturally-available organic chemical compounds. These compounds have antioxidant properties, containing active vitamin E, and fat-soluble alcohol that are important for the cell membrane stabilization. Tocopherols help improve neurological disorders and also aid the heart and several other chronic diseases. They are also beneficial in removing blemishes, acne, and sunburns.
Tocopherol has become the prime source of vitamin E in humans and animals with the widespread acceptance from the regulatory authorities. Due to the wide range of health benefits, the global tocopherol market is anticipated to grow substantially during the forecast period.
The most common types of tocopherols present in the market are α-Tocopherol (Alpha-Tocopherol) and γ- Tocopherol (Gamma – Tocopherol). α-Tocopherol is extensively present in the European diet, with chief dietary sources as sunflower oils and olives. While γ- Tocopherol is widely existed in the American diet, owing to the high intake of soybean and corn oil.
COVID-19 Scenario Analysis:
The COVID-19 outbreak has caused a decline in the growth of the global industries creating a mass disruption for buyers as well as sellers. Markets and production units have been shutdown globally which has stopped the production, sale, and marketing of the product. This has also offered an opportunity for the companies to look after their supply chain relationship and business models for the future
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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The global market for tocopherol is witnessing high growth due to rise in health concerns and minimal side effects of the tocopherol compounds. Tocopherols eliminate the risk of malnutrition and protect the animals from pathogens, which is another reason driving the growth of this market. In addition, the intake of tocopherol reduces the risk of respiratory diseases, heart diseases, and other lifestyle diseases, which in turn fuel the growth of the tocopherol market.
On the contrary, a high intake of vitamin E supplements can have negative effects on one’s health, causing a sudden dip in the sales of tocopherol. A significant threat to the tocopherol market is caused by the growing prominence of other classes of compounds under the vitamin E family like tocotrienols.
However, enhancing the geographical reach, upgrading manufacturing capabilities, entering joint ventures, strengthening supply chain footprint, less competition, and enabling locally produced tocopherol, are few opportunities that can propel the global tocopherol market.
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The Global Tocopherol Market Trends are as follows:
Increased requirement of Tocopherol from the Feed Industry:
The growing concern over animal health has led to an increased acceptance of tocopherol. As the demand for quality pork and poultry meat increases, the tocopherol industry has seen a significant rise in the demand from the animal feed industry. Tocopherol in animal feed averts animals from malnutrition and pathogen infections, fueling the global tocopherol market. In addition to this, heat stress in animals also boosts the tocopherol market in the animal feed industry.
Rise in Health Concerns to boost the Usage of Tocopherols:
Antioxidants present in the tocopherols are enhanced when mixed with soybean oil, which further helps in stabilizing cell membranes and preventing various neurological disorders and several chronic diseases. Besides this, the health benefits of tocopherol also lie in the cosmetic industry as it helps in removing sunburns, blemishes, and acne.
Questions Answered in the Tocopherol Market Research Report:
What are the leading market players active in the tocopherol market?
What current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?
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Key Players: BASF, Archer Daniels Midland, Cargill, DuPont Danisco, Merck, Koninklijke DSM N.V., Matrix Fine Sciences Pvt. Ltd., Royal DSM, Avanscure Lifesciences Private Limited, Fairchem Speciality Limited, and Organic Technologies.
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