Tocopherol-rich extract Market Trends, Opportunities & Growth Forecast during 2018 - 2028
With the increased personal care products the Tocopherol-rich extract market is expected to grow.
[ClickPress, Fri May 17 2019] Tocopherol-rich extract market is expected to grow over the forecast period due to its versatile functionality which enables it to be used in a wide range of applications. The tocopherol-rich extract is the common name for E306 which is rich in Vitamin E. Tocopherol-rich extract is obtained by the steam distillation of edible vegetable oil products. The tocopherol-rich extract is a mixture of the active substances alpha tocopherol, beta tocopherol, gamma tocopherol and delta tocopherol.
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Growing functional food and beverages industry has indeed led to the increased need for additives like antioxidants, proving to drive the Tocopherol-rich market. The tocopherol-rich extract is a natural antioxidant approved by the European Union (EU). The use of the tocopherol-rich extract in food and drinks protect food against oxidation rancidity. It also prevents other nutrient and minerals from oxidation, and one such nutrient is Vitamin A. The increased need for fortified and functional food has is anticipated to the increase the demand of Tocopherol-rich extract Market in the future thus supplementing the growth of tocopehrol rich market over the forecast period.
With the increasing awareness of personal care products amongst people the demand for antioxidant Tocopherol- rich extract is anticipated to grow. Tocopherol- rich extract finds application in personal care and cosmetic products. It also proves to increases the shelf-life of products like skin care product. With the increased personal care products the Tocopherol-rich extract market is expected to grow. Tocopherol- rich extract protects cell membranes from free radicals which may undergo oxidation. Also, Tocopherol-rich extract which is rich in vitamin E is necessary for fertility and reproduction, regulating immune function, maintaining cell integrity and balancing normal coagulation. Hence is vital for the human body.
Many manufacturers are nowadays investing in animal nutrition seeing the recent trend of people towards humanification of pet food. Tocopherol-rich extract finds application in animal feed to preserve the sensory qualities of feed and prevents the damage of vital nutrients such as vitamins, pigments, and amino acids. Henceforth the market for tocopherol-rich extract will increase.
Reasons for covering Tocopherol-rich extract as title:
During the forecast period the market of Tocopherol-rich extract is anticipated to increase. The growth of the functional food and beverages industry has resulted in growth for Tocopherol-rich extract market. The increased consumption of canned food products and beverages and growing demand for fortified food products which use antioxidants is leading to increase the Tocopherol-rich extract market. Also, the awareness among the people about the quality of animal feed and pet food has led the manufacturers to invest in animal nutrition and hence the demand for antioxidants like Tocopherol-rich extract is increasing giving an extra edge to the Tocopherol-rich extract market. With the growing health and wellness conscious population, personal care products have increased which use antioxidants to protect the quality of the cosmetics hence resulting in the extended use of Tocopherol-rich extract.
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Tocopherol-rich extract: Key Players
Examples of some of the market participants in the global Tocopherol-rich extract market identified across the value chain include- BTSA, Alpro, Cargill, Tyson Foods, Archer Daniels Midland Company, DuPont Danisco, Advanced Organic Technologies
The growing demand for Tocopherol-rich extract as a food preservative is expected to be a key driver for the growth of Tocopherol-rich extract market globally. The tocopherol-rich extract is listed to be a substance which is permitted by European Union for use in the food and beverages as an antioxidant (Commission of 253 the European Communities, 2008) and permitted as feed additives in the production of livestock (Commission of the European 256 Communities, 2009). Due to growing population and food and beverage market, demand for antioxidant like Tocopherol- rich additive will increase in regions like Asia-Pacific over the coming years. Improving health and pharmaceutical sector has led to an increase in products containing antioxidants which prove to enhance the shelf life of the products. Recent trends show that consumers are moving to a more health-conscious mindset and focussing more on personal care. Increase in cosmetic and skin care products have also led to the increased market opportunity for Tocopherol-rich extract.
A modelling-based approach and triangulation methodology will be followed to estimate data covered in this Tocopherol-rich extract. A detailed market understanding and assessment of the applications, types, forms and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes of Tocopherol-rich extract.
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