The global natural source vitamin e market is foreseen to grow at a staggering CAGR of 12.8% between 2016 to 2024, shares a forthcoming report by Transparency Market Research (TMR).
Progressing
at such a staggering rate, the global natural source vitamin e market is
expected to reach the estimated valued at US$ 2, 2517.7 mn by the end of 2024.
The rising demand for dietary supplement by health conscious people may fuel
the global natural source vitamin e- market.
The global
natural source vitamin e market is segmented into dietary supplements,
cosmetics, and food and beverages. Of these, the dietary supplement segment is
likely to register a high growth over the forecast period. The growth can be
due to the prevention of diseases and muscle weakness from natural source of
vitamin e.
Cosmetics
to Boost Natural
Source Vitamin E Market
Natural
vitamin e named tocopherol is used in cosmetics and personal care products.
Tocopherol contains natural antioxidants. These are used in making of face
powders, foundations, blushers, lipsticks, and moisturizers etc. Tocotrienols
are used as skin conditioning agent in beauty and personal care products. These
features are expected to drive the global natural source vitamins e- market
towards a robust growth in the upcoming years.
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Additionally,
natural source of vitamin e is not made up of a single compound, but group of
molecules that are healthy for skin. As a result, many skin care popular brands
use them in their range of skin care products and this might result in the
growth of the global natural source vitamin e market.
Although,
it is necessary to consume vitamin e in daily diet, topical application of
vitamin e may also give desired results in the skin. This could contribute
towards the expansion of the global natural source vitamin e market during the
forecast period.
Vitamin on
skin can protect us from ultra violet radiation and free radical formation.
This might act as a factor driving the growth avenues in the global natural
source vitamins e market in the upcoming years.
The high
cost involved with natural sources of vitamin e is projected to hinder growth
in the global natural sources of vitamin e market during the forecast period.
However, the rising awareness about the array of benefits that it offers in
terms of health is expected to boost the natural source vitamin e – market.
More Trending Reports
North America to Dominate Natural Source Vitamin E Market
Rising
awareness about health and benefits that vitamin e provides, disposable income,
and growing importance to physical attributes is expected to drive the growth
in Asia Pacific. It is projected to emerge as a lucrative market during the
forecast period.
However,
North America is expected to dominate the global natural source vitamins e-
market in the upcoming years. The growth can be due to growing importance to
health and nutrients and their benefits of vitamin e as a dietary supplement is
anticipated to expand the global natural sources vitamins e market.
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Some of the
key players present in the global natural source vitamin e market are
Zhejiang Worldbestve Biotechnology Co., Ltd. (China), Davos Life Science
(Singapore), Fenchem Biotek (China), Eisai Food and Chemical (Japan), Wilmar
Spring Fruit Nutrition Products Co. Ltd. (China), BASF SE (Germany), Archer
Daniels Midlands Company (U.S.), Beijing Gingko Group (China). These market
players are focusing on various key strategies to strengthen their position in
the market. Among all these, BASF is one of the leading manufacturers of
natural source of vitamin e, it offers world class product that have wide range
of applications including infant dietary supplement.
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