Global Tocopherols Market: Regional Insights
Currently, the market is dominated by Asia Pacific, which is expected to continue its lead throughout the forecast period. China dominates the tocopherols market. Several factors such as increased consumer consciousness, high demands from the feed and pharmaceutical industries, and increasing production of poultry are driving regional market growth.
At the same time North America is also expected to witness fastest growth over the forecast period owing to the increasing consumer awareness regarding health is likely to drive the tocopherols market in the U.S. Besides, the increase in the production of soybean oil is leading to a strong demand for tocopherols. Thereby, propelling regional market growth.
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