Tocopherols Market Size, By Type (Alpha Tocopherols, Delta Tocopherols, Mixed Tocopherols), By Source (Soybean Oil, Sunflower Oil, Rapeseed Oil), By Application (Dietary Supplements, Animal Feed Nutrition, Cosmetics, Pharmaceuticals, Food & Beverages), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2021 - 2027

Industry Trends

Tocopherols Market size exceeded USD 440 million in 2020 and is estimated to register over 6% CAGR from 2021 to 2027. Increasing consumer awareness of the health benefits of tocopherols coupled with an increased focus on preventive healthcare will drive the overall market growth.
 

Tocopherol is a group of lipophilic phenolic antioxidants, which occur naturally in various plants including cereal grains, oilseeds, nuts, and vegetables. Tocopherols occur in four forms: alpha-, beta-, gamma-, and delta-tocopherol. Tocopherols are widely used as a prime source of vitamin E and are used as antioxidants in food & beverage and cosmetic applications.
 

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The growing demand for vitamin-E-rich products from food & beverage consumers and feed manufacturers will augment tocopherols market demand during the forecast period. Fast-changing consumer lifestyles, rapid urbanization & industrialization, and increasing consumer spending are factors driving the demand for packaged food. Tocopherol-based antioxidants are used in packaged food to protect fats & oils by blocking free radicals, thus delaying the start of the oxidative process.
 

Furthermore, tocopherols are widely used as a source of vitamin E in dietary supplement and pharmaceutical applications. The outbreak of the global pandemic has had a severe impact on the pharmaceutical and food & beverages industries. The COVID-19 outbreak has led to increased health consciousness among people and is expected to augment the vitamin E supplement demand thereby driving the market growth.
 

Increasing demand from dietary supplement application is driving the alpha tocopherols market statistics

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Based on type, the global tocopherols market has been segmented into alpha tocopherols, delta tocopherols, mixed tocopherols, and others. The alpha tocopherols industry is estimated to reach USD 221.5 million by 2027, growing at a CAGR of over 6% during the forecast period. Alpha tocopherol is considered a key source of natural vitamin E.
 

Global alpha tocopherols market is expected to increase at a steady pace, which is attributed to the growing requirement for vitamin E in cosmetics, as a dietary supplement, and in animal feed. Alpha tocopherol is commonly used to enrich food products and nutritional supplements. Increasing demand for tocopherols as antioxidants in the food market due to their technological benefits and ability to prevent food oxidation will drive market size.
 

High demand for dietary supplement and cosmetic applications will augment market forecasts

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The soybean oil-based tocopherols market is likely to surpass USD 490 million by 2027, growing at a CAGR of over 6% from 2021 to 2027. The wide availability of soybean and the high concentration of tocopherols in soybean oil will drive the segment growth. Tocopherols are widely used in dietary supplements and the fortification of foods & beverages. Expansion in the global nutraceuticals market is expected to create significant growth opportunities for  tocopherols in the coming years.
 

Growing adoption of tocopherols as an antioxidant in cosmetic and personal care applications will stimulate the market share

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Based on application, the global tocopherols market has been bifurcated into dietary supplements, animal feed nutrition, cosmetics, pharmaceuticals, and food & beverages. Cosmetics are expected to witness the fastest growth in the coming years, registering a CAGR of around 7.5%. Changing demographic trends, increased consumer spending, and the growing demand for natural ingredients in cosmetics will support the industry growth.
 

Rapid growth in the demand for personal grooming products coupled with a shift in consumer focus toward anti-aging products & organic solutions will drive the industry statistics. Rising skin problems and hair fall issues owing to pollution, genetic disorder, hormonal imbalance, etc., are expected to drive the cosmetic market growth, in turn, driving the tocopherols industry expansion.
 

High demand for natural vitamin E supplements in the U.S. is likely to propel the North America market size

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North America tocopherols market is expected to reach around USD 201.5 million by 2027, growing at a CAGR of 4% during the assessment period. Increasing awareness of a healthy diet and the importance of vitamin E will drive the market size in this region. According to the UN estimates, about 8% to 10% of global greenhouse gas emissions are associated with food wastes. The use of antioxidants has significantly increased in the global food market as antioxidants prolong the shelf life of the food. Increasing consumption of ready-to-eat & packaged food products is driving the demand for natural antioxidants, which is further expected to create significant opportunities for regional market players.
 

Strategies including mergers & acquisitions, R&D, and product launches are adopted for market growth

Some of the key market players operating in the global tocopherols market include Zhejiang Medicine, DSM, BTSA, Archer Daniels Midland Company (ADM), COFCO Tech Bioengineering, Vitae Naturals, Vance Group Ltd., Eisai Food & Chemical, Riken Vitamin Co., Ltd., Kemin Industries, Fairchem Organics Limited, and Dupont. Prominent market players are adopting strategies such as mergers & acquisitions, R&D, product launches and collaboration in order to enhance its geographic presence and increase market share.
 

In June 2020, Kemin Industries extended its distribution partnership with Diethelm Keller Siber Hegner (DKSH) for distribution of products in Philippines and Indonesia. This distribution partnership would enable the company to expand its existing client base in South East Asia.
 

The global tocopherols market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilotons & revenue in USD Million from 2016 to 2027 for the following segments:

By Type

• Alpha Tocopherols
• Delta Tocopherols
• Mixed Tocopherols
• Others

By Source

• Soybean Oil
• Sunflower Oil
• Rapeseed Oil
• Others

By Application

• Dietary Supplements
• Animal Feed Nutrition
• Cosmetics
• Pharmaceuticals
• Food & Beverages

The above information is provided on a regional and country basis for the following:

• North America 
  • U.S
  • Canada
  • Mexico
• Europe 
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
• Asia Pacific 
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Malaysia
  • Indonesia
  • Thailand
• Latin America 
  • Brazil
  • Argentina
• Middle East and Africa 
  • Saudi Arabia
  • UAE
  • South Africa