Global Vitamin E Market Size, Trends, By Form (Natural, Synthetic), By Application (Dietary Supplements, Food & Beverages, Cosmetics & Personal Care, Animal Feed, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.
Global Vitamin E Market
Global Vitamin E Market was valued at US$ 3.21 Bn in 2022, estimated to reach US$ 5.39 Bn by 2030, with a CAGR of 5.32% from 2023-2030.
Vitamin E is a fat-soluble nutrient with antioxidant properties. It is naturally found in a variety of foods and is also available in supplement form. Vitamin E is crucial for maintaining healthy skin, eyes, and immune system function. In addition to its role as an antioxidant, it also helps to protect cells from damage caused by free radicals.
Market Drivers
The global market for Vitamin E is driven by the increasing awareness about the importance of consuming a balanced diet for maintaining good health. As Vitamin E is a crucial nutrient that plays a vital role in maintaining overall health and well-being, its demand has been on the rise. Additionally, the growing demand for natural and organic supplements, particularly in the cosmetics and personal care industry, has also been a key driving factor.
Vitamin E is widely used in cosmetics and personal care products due to its antioxidant properties, which help in reducing the effects of aging and environmental stressors on the skin. Furthermore, the increasing demand for Vitamin E supplements in the animal feed industry, particularly for poultry and swine, has also been contributing to the growth of the global market.
Market Restraints
The growth of the global Vitamin E market may be restrained by the high cost associated with the production of Vitamin E, particularly the natural form. The limited availability of raw materials, such as soybean oil, wheat germ oil, and sunflower oil, used in the production of Vitamin E also contributes to its high cost.
Additionally, the fluctuating prices of raw materials and the increasing competition among manufacturers have also impacted the growth of the market. The lack of awareness about the benefits of Vitamin E and its limited usage in certain applications has also hindered the market's growth.
Market Segmentation
The scope of the global Vitamin E market covers segmentation based on form, application, and region.
Based on form, the market is segmented into natural and synthetic. Based on the application, the market is segmented into dietary supplements, food & beverages, cosmetics & personal care, animal feed, and others.
Regional Analysis
The global Vitamin E market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
The Asia-Pacific region is expected to dominate the vitamin E market in terms of both production and consumption. This is mainly due to the increasing awareness about the health benefits of vitamin E, coupled with rising demand for nutraceuticals and functional foods. Furthermore, the growing geriatric population and a rising incidence of chronic diseases such as cardiovascular diseases and cancer in this region are also driving the demand for vitamin E supplements.
North America and Europe are also significant markets for vitamin E, with a high demand for dietary supplements and personal care products.
Key Players
BASF SE, Koninklijke DSM NV, Beijing Gingko Group, Archer Daniels Midland Company, Now Foods, Zhejiang Worldbestve Biotechnology Co Ltd, Davos Life Science Pte Ltd, FenchemBiotek, Cargill Incorporated, Riken Vitamin Co Ltd, Vitae Naturals, etc.
Market Taxonomy
By Form
• Natural
• Synthetic
By Application
• Dietary Supplements
• Food & Beverages
• Cosmetics & Personal Care
• Animal Feed
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the key opportunities in the Global Vitamin E Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the market?
• What is the competitive landscape in the industry?
• What is the role of key players in the value chain?
Global Vitamin E Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Vitamin E Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Vitamin E Market, By Form
5.1 Y-o-Y Growth Comparison, By Form
5.2 Global Vitamin E Market Share Analysis, By Form
5.3 Global Vitamin E Market Size and Forecast, By Form
5.3.1 Natural
5.3.2 Synthetic
6 Global Vitamin E Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Vitamin E Market Share Analysis, By Application
6.3 Global Vitamin E Market Size and Forecast, By Application
6.3.1 Dietary Supplements
6.3.2 Food & Beverages
6.3.3 Cosmetics & Personal Care
6.3.4 Animal Feed
6.3.5 Others
7 Global Vitamin E Market, By Region
7.1 Global Vitamin E Market Share Analysis, By Region
7.2 Global Vitamin E Market Size and Forecast, By Region
7.3 Global Vitamin E Market Trends and Forecast, By Region
8 North America Vitamin E Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Vitamin E Market Share Analysis, By Form
8.3 North America Vitamin E Market Size and Forecast, By Application
8.4 North America Vitamin E Market Size and Forecast, By Country
8.4.1 U.S.
8.4.1.1 Market Size and Forecast, By Form
8.4.1.2 Market Size and Forecast, By Application
8.4.2 Canada
8.4.2.1 Market Size and Forecast, By Form
8.4.2.2 Market Size and Forecast, By Application
8.4.3 Mexico
8.4.3.1 Market Size and Forecast, By Form
8.4.3.2 Market Size and Forecast, By Application
9 Europe Vitamin E Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Vitamin E Market Share Analysis, By Form
9.3 Europe Vitamin E Market Size and Forecast, By Application
9.4 Europe Vitamin E Market Size and Forecast, By Country
9.4.1 Germany
9.4.1.1 Market Size and Forecast, By Form
9.4.1.2 Market Size and Forecast, By Application
9.4.2 France
9.4.2.1 Market Size and Forecast, By Form
9.4.2.2 Market Size and Forecast, By Application
9.4.3 UK
9.4.3.1 Market Size and Forecast, By Form
9.4.3.2 Market Size and Forecast, By Application
9.4.4 Russia
9.4.4.1 Market Size and Forecast, By Form
9.4.4.2 Market Size and Forecast, By Application
9.4.5 Italy
9.4.5.1 Market Size and Forecast, By Form
9.4.5.2 Market Size and Forecast, By Application
9.4.6 Spain
9.4.6.1 Market Size and Forecast, By Form
9.4.6.2 Market Size and Forecast, By Application
9.4.7 Rest of Europe
9.4.7.1 Market Size and Forecast, By Form
9.4.7.2 Market Size and Forecast, By Application
10 Asia Pacific Vitamin E Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Vitamin E Market Share Analysis, By Form
10.3 Asia Pacific Vitamin E Market Size and Forecast, By Application
10.4 Asia Pacific Vitamin E Market Size and Forecast, By Country
10.4.1 China
10.4.1.1 Market Size and Forecast, By Form
10.4.1.2 Market Size and Forecast, By Application
10.4.2 Japan
10.4.2.1 Market Size and Forecast, By Form
10.4.2.2 Market Size and Forecast, By Application
10.4.3 India
10.4.3.1 Market Size and Forecast, By Form
10.4.3.2 Market Size and Forecast, By Application
10.4.4 South Korea
10.4.4.1 Market Size and Forecast, By Form
10.4.4.2 Market Size and Forecast, By Application
10.4.5 Australia
10.4.5.1 Market Size and Forecast, By Form
10.4.5.2 Market Size and Forecast, By Application
10.4.6 New Zealand
10.4.6.1 Market Size and Forecast, By Form
10.4.6.2 Market Size and Forecast, By Application
10.4.7 Singapore
10.4.7.1 Market Size and Forecast, By Form
10.4.7.2 Market Size and Forecast, By Application
10.4.8 Malaysia
10.4.8.1 Market Size and Forecast, By Form
10.4.8.2 Market Size and Forecast, By Application
10.4.9 Rest of Asia
10.4.9.1 Market Size and Forecast, By Form
10.4.9.2 Market Size and Forecast, By Application
11 Latin America Vitamin E Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Vitamin E Market Share Analysis, By Form
11.3 Latin America Vitamin E Market Size and Forecast, By Application
11.4 Latin America Vitamin E Market Size and Forecast, By Country
11.4.1 Brazil
11.4.1.1 Market Size and Forecast, By Form
11.4.1.2 Market Size and Forecast, By Application
11.4.2 Argentina
11.4.2.1 Market Size and Forecast, By Form
11.4.2.2 Market Size and Forecast, By Application
11.4.3 Colombia
11.4.3.1 Market Size and Forecast, By Form
11.4.3.2 Market Size and Forecast, By Application
11.4.4 Peru
11.4.4.1 Market Size and Forecast, By Form
11.4.4.2 Market Size and Forecast, By Application
11.4.5 Chile
11.4.5.1 Market Size and Forecast, By Form
11.4.5.2 Market Size and Forecast, By Application
11.4.6 Venezuela
11.4.6.1 Market Size and Forecast, By Form
11.4.6.2 Market Size and Forecast, By Application
11.4.7 Rest of Latin America
11.4.7.1 Market Size and Forecast, By Form
11.4.7.2 Market Size and Forecast, By Application
12 Middle East Vitamin E Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Vitamin E Market Share Analysis, By Form
12.3 Middle East Vitamin E Market Size and Forecast, By Application
12.4 Middle East Vitamin E Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.1.1 Market Size and Forecast, By Form
12.4.1.2 Market Size and Forecast, By Application
12.4.2 UAE
12.4.2.1 Market Size and Forecast, By Form
12.4.2.2 Market Size and Forecast, By Application
12.4.3 Egypt
12.4.3.1 Market Size and Forecast, By Form
12.4.3.2 Market Size and Forecast, By Application
12.4.4 Kuwait
12.4.4.1 Market Size and Forecast, By Form
12.4.4.2 Market Size and Forecast, By Application
12.4.5 South Africa
12.4.5.1 Market Size and Forecast, By Form
12.4.5.2 Market Size and Forecast, By Application
12.4.6 Rest of Middle East & Africa
12.4.6.1 Market Size and Forecast, By Form
12.4.6.2 Market Size and Forecast, By Application
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 BASF SE
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Koninklijke DSM NV
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Beijing Gingko Group
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Archer Daniels Midland Company
14.4.1 Overview
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Now Foods
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Zhejiang Worldbestve Biotechnology Co Ltd
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Davos Life Science Pte Ltd
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 FenchemBiotek
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Cargill Incorporated
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Riken Vitamin Co Ltd
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11 Vitae Naturals
14.11.1 Overview
14.11.2 Offerings
14.11.3 Key Financials
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies
