Albany, New York, October 25, 2016: Market Research Reports Search Engine (MRRSE) has recently announced the addition of a new research report to its ever-increasing repository. The research report, titled “Natural Source Vitamin E Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016-2024,” opens up a discussion about the growing awareness about the importance of vitamin E amongst consumers and its impact on the demand of this vitamin. The researchers have used a SWOT analysis to estimate the strengths, weaknesses, opportunities, and threats influencing the segments of the global natural source vitamin E market.
Global Natural Source Vitamin E Market Paces ahead at a CAGR of 12.8% 2016-2024
According to the research report, the global market is expected to be worth US$2.2 bn by the end of 2024 as compared to US$765.6 mn in 2015. The global market is expected to grow at a remarkable pace of 12.8% CAGR during the forecast period of 2016 and 2024. Analysts predict that the global market will be driven by the rising disposable income in the emerging economies of Asia Pacific. The rising awareness amongst the overall population, growing number of distribution channels, and the affordability of these natural sources of vitamin E are all anticipated to help the market tread a growth path in the coming years.
The global natural source vitamin E market is segmented on the basis of product into tocopherols and tocotrienol. The tocopherols segment is expected to lead the global market due to its extensive usage in dietary supplements. The research indicates that tocopherols held a share of about 65% in the global natural source vitamin E market in 2015. On the other hand, tocotrienols will be used in a variety of cosmetics, especially in anti-aging creams, which will help it gain adequate traction during the forecast period.
Dietary Supplements to Extensively Use Natural Source Vitamin E
In terms of applications, the global market is segmented into dietary supplements, food and beverages, cosmetics, and others. Of these, the dietary supplements segment is projected to assume lead due to the wide application of natural source vitamin E in a range of food and beverages, animal feed, and pharmaceuticals. The growing pressure amongst the overall population to live a healthier life in the wake of a high prevalence of chronic disorders is shifting their preference towards products that are developed and designed to nourish and protect the body.
Browse Full Global Natural Source Vitamin E Market Report with TOC:http://www.mrrse.com/natural-source-vitamin-e-market
The leading players operating in the global natural source of vitamin E market are Zhejiang Worldbestve Biotechnology Co., Ltd., Fenchem Biotek, DSM N.V., BASF SE, Wilmar Spring Fruit Nutrition Products Co. Ltd., Archer Daniels Midlands Company, Beijing Gingko Group, Eisai Food and Chemical, Davos Life Science, and Riken Vitamin Co. Ltd. The research report provides a thorough analysis of the competitive landscape present in the global market. It explains the business and marketing strategies being used by these players and estimates their plan for the future. Additionally, the researchers have also measured the threat of new entrants the market might face and the recommended solutions for the same.
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