The natural source vitamin E market share leads to a moderate CAGR of 8% in the global market during the forecast period. Speaking of which, the global market retains a forecasted revenue of USD 0.81 Billion in 2022 and is expected to cross USD 1.75 Billion by 2032.
From the aforementioned data analysis, the demand for natural sources of vitamin E is likely to grow in the course of the forecast period.
| Attributes | Details |
|---|---|
| Natural Source Vitamin E Market Size (2022) | USD 0.81 Billion |
| Natural Source Vitamin E Market Size (2032) | USD 1.75 Billion |
| Natural Source Vitamin E Market CAGR | 8% |
Sales of natural source vitamin E are growing at a significant rate, as its deficiency can increase the risks of degenerative diseases.
The popularity of the product evidently stems from the copious amount of health benefits it provides. A significant Research and Development interest in natural sources of vitamin E has been shown by cosmetic companies. For these reasons, globally, people have been zoning in on the adoption of natural sources of vitamin E for an overall health boost.
With a progressing awareness of living a healthy lifestyle, consumers are now dismissing Vitamin E supplements and opting for natural sources to acquire the necessary antioxidants. Consequently, top foods that contain vitamin E in their natural form, such as sunflower seeds, almonds, peanuts, etc., are gaining popularity.
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The market for dietary supplements accounted for 30-32% adoption of natural source vitamin E in 2018.
The growth in sales of vitamin supplements during the pandemic is due to the awareness of their implication in immunity boosting.
By product, 2 out of 5 sales constitute natural sources of vitamin E. The two variations of Vitamin E are Tocopherols and Tocotrienols.
The former exceeds in sales of natural source Vitamin E in the market than the latter. The demand for the former is primarily in manufacturing cosmetic and personal care products.
As an effectual, strengthening micronutrient, a natural source of vitamin E has increased the demand to achieve healthy skin as well.
Besides having safe childbirth and for the betterment of their baby, natural sources of vitamin E can be advocated pregnant women, as the demand further stems from the oil being used for massaging their bellies to keep them smooth and reduce itchiness.
To drive the demand for natural sources of vitamin E amongst the aged population, it is important to advertise that Vitamin E also helps regulate immunity and reduce inflammation, when ingested, and the topical kind helps hydrate, nourish, and moderately reverse signs of aging, owing to the antioxidants.
North America and Europe already dominate the natural source vitamin E market share due to demands for external supplements that seem to be increasing by the year. Although, the natural source of vitamin E has been predicted to experience a surge in the Asia-Pacific region as well – and this is due to the escalation of disposable income, in addition to consumer awareness, in this particular region.
Vitamin E has potential in the markets of China and India. The nutraceuticals market in India has soared, along with its demand for natural sources of vitamin E over the years.
The Asia-Pacific serves as a favorable destination for raw material sourcing. Additionally, it also stands as a profitable market to extract active ingredients from plant origin.
With the USA being the leading consumer, North America currently stands as the highest-valued market for Vitamin E. The application of vitamin E in nutritious foods, as well as cosmeceuticals, is expected to operate as a vital growth increment.
Cargill's first innovation center was opened in Singapore in June 2019 to expatiate shifting consumer values around tastes, nutrition, and food safety requirements in the Asia-Pacific region via the adoption of natural source vitamin E. This plan of action will help create and reformulate products that are complementary to changing consumer trends.
The global Vitamin E market with its key players, namely ADM, BASF, Royal DSM, Cargill, Isochem, COFCO Tech Bioengineering, American River Nutrition, and Beijing Gingko Group, is fairly cut-throat.
Export and market trade has significantly helped retain a solid position in the sales of natural source vitamin E. There have been some developments on that front recently:
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| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 8% from 2022 to 2032 |
| The base year for estimation | 2021 |
| Historical data | 2015 to 2020 |
| Forecast period | 2022 to 2032 |
| Quantitative units | Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
| Segments Covered | Type, Application, and Region |
| Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia; and New Zealand |
| Country scope | USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, United Arab Emirates(UAE), Iran, South Africa |
| Key companies profiled | ADM; BASF; Royal DSM; Cargill; Isochem; COFCO Tech Bioengineering; American River Nutrition; and Beijing Gingko Group |
| Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The natural source vitamin E market is likely to register a CAGR of 8% during the forecast period.
Demand for natural source vitamin E is anticipated to remain high from North America through 2032
By 2032, the market is likely to grow to a valuation of USD 1.75 Billion.
| Market Estimated Size (2023) | USD 4050 million |
|---|---|
| Market Anticipated Size (2033) | USD 7352.3 million |
| Market Growth Rate | 6.5% CAGR |
| Market Size (2023) | USD 1,560 million |
|---|---|
| Anticipated Market Size (2033) | USD 2,780.3 million |
| Market Expected CAGR (2023 to 2033) | 5.9% |
| Estimated Market Size (2023) | 2,704 million |
|---|---|
| Market Projected Size (2033) | 4,657.5 million |
| Value CAGR (2023 to 2033) | 5.6% |
| Market Expected Market Value (2022) | USD 758.1 Million |
|---|---|
| Market Anticipated Forecast Value (2032) | USD 956.3 Million |
| Market Projected CAGR (2022 to 2032) | 10.8% |
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Natural Source Vitamin E Market
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