Tocopherols Market, By Source (Soybean Oil, Rapeseed/Canola Oil, Corn Oil, Sunflower Oil, Other Sources), By Application (Food and Beverage, Feed, Pharmaceuticals, Dietary Supplements, Cosmetics/Personal Care), and By Geography (Europe, Asia Pacific, North America, Latin America, and Middle East & Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Jan 2023

Code : CMI5496

Pages :135

Formats :

Excel and PDF

Industry : Food Ingredients

Tocopherols MarketSize and Trends

The global tocopherols market size was valued at US$ 1069.7 million in 2021 and is anticipated to witness a compound annual growth rate (CAGR) of 5.58% from 2022 to 2030. There is a growing demand for tocopherol in the animal feed sector. In addition, it is a key component of supplemented foods, and is used for a wide range of applications. For instance, it is used in pharmaceutical, personal care, and cosmetic products. The market is predicted to experience substantial growth over the forecast period, due to the rising demand for dietary supplements. The growing cosmetics industry is further expected to propel the growth of the tocopherols market. Increasing demand for fortified foods, energy drinks, and dietary supplements is also expected to drive growth of the market.

Global Tocopherols Market Trends:

Supplementary Gums Are Gaining Popularity

Recent study by the Pennsylvania State University found that by chewing gum containing pyridoxine, retinol, ascorbic acid, and alpha- tocopherol, helps in improve the levels of these vitamins in the blood plasma. The study was financed by Vitaball, which provide SmartGum nutritional chewing gums. Other brands have explored the format too, including Get More Vitamins, which launched Multivitamin Chewing Gum, and confectionery manufacturer Pissa, which released Breathfusion vitamin chewing gums, with a collagen variety focusing on beauty claims.

Growing trend of 100% Vegetarian Flaxseed with Tocopherol

In July 2019, BestSource Nutrition announced the launch of 100% vegetarian Flaxseed with Tocopherol Capsules. Flaxseed Oil is a high source of Omega 3 fatty acids. BestSource Nutrition’s Flaxseed oil capsules comes along with natural vitamin E (tocopherol), which makes it even more suitable to manage heart, skin, and hair health.