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Vitamin E Market size was over USD 2 billion in 2015, increasing with estimated gains at over 3.5%. <br><br>Get more details @ https://goo.gl/f1x6D4
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KeyInsights from Vitamin E Market : • Natural vitamin E market size generated over USD 600 million in 2015 and is set witness over 5% CAGR up to 2024. • Vitamin E animal feed accounted for over 65% of the total demand in 2015 and is foreseen to grow over 4%. Offering efficient membrane antioxidants and has wide physiological benefits, including supporting neural growth, maintaining tissue’s structural integrity, and modulating immunity and reproduction are key influencing factors product demand in this segment. • Global function food & beverages is foreseen to witness over 5% growth. Positive regulatory compliances pertaining to nutrient inclusion in consumer products are positively driving industry growth.
Continued... • China vitamin E market in dietary supplements were over USD 16 million in 2015. Wide product availability in health food stores and grocery stores are the key factors fueling the product demand. • Geriatric population ratio is increasing in Japan, with more people moving towards precautionary supplements to help them stay healthy. Human nutrition and functional food together accounts for 24% of the country demand. • Global vitamin E market share is consolidated with top five companies holding 50% of the global demand in 2015. ADM, Cargill, COFCO Tech Bioengineering, BASF, and American River Nutrition are major industry players.
UK Vitamin E Market size, by application, 2013-2024 (USD Million)
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360° Analysis • Application Trends • Global animal nutrition market was valued at over USD 1 billion in 2015. Rising domestic meat demand in Asia Pacific, coupled with the region’s development as a major meat exporter has increased animal nutrition demand. Increasing per capita income of India and China coupled with the improving lifestyle has led to high demand for superior quality meat. • Regional Trends • Rising consumer consciousness towards health and wellness along with healthcare legislations are driving U.S. vitamin E market size growth. The regional human nutrition generated over USD 100 million in 2015. Increase in geriatric population is resulting in more dietary supplements demand. • Competitive Market Share • Vitamin E market share is consolidated in nature as top five industry players accounting for over 50% of the global demand in 2015. Currently, the market is more competitive and open with producers in India and China having taken a large share of the market. DSM has been a leader in vitamin E development and manufacturing for over 70 years. ADM, Cargill, BASF, COFCO Tech Bioengineering, and American River Nutrition are the leading companies in terms of revenue and geographical presence. The industry manufacturers are consistently scrutinizing alternative production means which can eradicate supply and demand imbalance.
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