Vitamin E Global Market Report 2024

Description

Vitamin E encompasses a group of eight fat-soluble compounds, including four tocopherols and four tocotrienols. These compounds are crucial for human health, mainly functioning as antioxidants that protect cells from damage caused by free radicals, which are reactive molecules that can harm cellular structures.

The primary types of vitamin E products are tocopherol and tocotrienol. Tocopherol vitamin E includes fat-soluble compounds known for their antioxidant properties, which help safeguard cells from oxidative stress induced by free radicals. Tocopherol vitamin E can be derived from natural sources or synthesized artificially. It is used in various applications such as dietary supplements, animal feed, food and beverages, cosmetics, and other products.

The vitamin E market research report is one of a series of new reports from The Business Research Company that provides vitamin E market statistics, including vitamin E industry global market size, regional shares, competitors with a vitamin E market share, detailed vitamin E market segments, market trends and opportunities, and any further data you may need to thrive in the vitamin E industry. This vitamin E market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The vitamin E market size has grown strongly in recent years. It will grow from $2.58 billion in 2023 to $2.77 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth during the historic period can be attributed to several factors, including a rise in dietary supplement consumption, the fortification of animal feed, increasing health awareness, growing demand in the cosmetic industry, and an aging population.

The vitamin E market size is expected to see strong growth in the next few years. It will grow to $3.7 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The anticipated growth during the forecast period can be attributed to several factors, including rising demand for functional foods, growth in aquaculture, increasing prevalence of chronic diseases, expanding applications in pharmaceuticals, and a consumer shift towards natural products. Key trends expected to shape the market include new product launches, personalized nutrition, clean label products, plant-based alternatives, and increased investment in research and development.

The growing demand for skin care products is anticipated to drive the expansion of the vitamin E market in the future. Skin care products encompass a variety of items aimed at maintaining and improving skin health and appearance. This increased demand is driven by heightened awareness of skin health, often influenced by social media. Additionally, the rise in online shopping and ongoing innovation in skin care products attract consumers seeking effective solutions. Vitamin E is a key ingredient in skin care, valued for its moisturizing, protective, and healing properties that address different skin types and concerns. For example, a report by The Cosmetic, Toiletry, and Perfumery Association in May 2023 revealed that skin care product sales reached 479,569 units in 2022, up from 461,472 units in 2021. Consequently, the growing interest in skin care products is fueling the vitamin E market's growth.

Leading companies in the vitamin E market are focusing on developing advanced health products with innovative ingredient combinations and formulations, such as vitamin E creams, to deliver comprehensive benefits and address various consumer needs. Vitamin E cream is a topical product containing vitamin E, known for its antioxidant properties, which helps to moisturize, protect, and repair the skin. For instance, in April 2024, P&G Health's Evion, an India-based pharmaceutical manufacturer, introduced a Vitamin E Cream that blends Vitamin E with Aloe Vera to enhance skin nourishment and promote a glowing appearance. This development includes advancements in both natural and synthetic forms of Vitamin E and new applications across industries such as cosmetics, dietary supplements, and functional foods. The benefits of vitamin E make it a crucial ingredient in health and wellness products.

In June 2022, Kensing LLC, a US-based company specializing in natural vitamin E and phytosterol products, acquired Vitae Naturals for an undisclosed amount. This acquisition aligns with Kensing's strategy to strengthen its position in the nutrition, food, and personal care sectors, as both companies focus on vitamin E and plant sterols. The acquisition enables Kensing to bolster its presence in the natural vitamin E market and expand further into food ingredients. Vitae Naturals, based in Spain, is known for its production of antioxidant systems and microencapsulated vitamin E.

Major companies operating in the vitamin e market are Archer Daniels Midland Company (ADM), BASF SE, Brenntag AG, Evonik Industries AG, Kao Corporation, DSM Nutritional Products, Amway Corporation, Lonza Group AG, Glanbia Plc, Alfa Laval AB, Herbalife Nutrition Ltd., Sime Darby Plantation Berhad, Lubrizol Corporation, Kemin Industries Inc., Schwabe Group, Vitamin Shoppe Industries Inc., Naturex SA, Swanson Health Products Inc., Nature's Way Products LLC, AstaReal AB, Kensing LLC, NutriScience Innovations LLC, Vitae Naturals, Hawkins Watts Limited

Europe was the largest region in the vitamin E market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vitamin e market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the vitamin e market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The vitamin E market consists of sales of vitamin e capsules, vitamin e oil, vitamin e tablets, vitamin e powders, vitamin e-enriched skincare products, and fortified foods. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Vitamin E Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on vitamin e market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for vitamin e ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The vitamin e market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Tocopherol Vitamin E Products; Tocotrienol Vitamin E Products
2) By Source: Naturally-Sourced Vitamin E; Synthetically-Sourced Vitamin E
3) By Application: Dietary Supplements; Animal Feed; Food And Beverages; Cosmetics; Other Applications
Companies Mentioned: Archer Daniels Midland Company (ADM); BASF SE; Brenntag AG; Evonik Industries AG; Kao Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r20908

1. Executive Summary

2. Vitamin E Market Characteristics

3. Vitamin E Market Trends And Strategies

4. Vitamin E Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Vitamin E Market Size and Growth

5.1. Global Vitamin E Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Vitamin E Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Vitamin E Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Vitamin E Market Segmentation

6.1. Global Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Tocopherol Vitamin E Products
Tocotrienol Vitamin E Products
6.2. Global Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Naturally-Sourced Vitamin E
Synthetically-Sourced Vitamin E
6.3. Global Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Dietary Supplements
Animal Feed
Food And Beverages
Cosmetics
Other Applications

7. Vitamin E Market Regional And Country Analysis

7.1. Global Vitamin E Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Vitamin E Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Vitamin E Market

8.1. Asia-Pacific Vitamin E Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Vitamin E Market

9.1. China Vitamin E Market Overview
9.2. China Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Vitamin E Market

10.1. India Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Vitamin E Market

11.1. Japan Vitamin E Market Overview
11.2. Japan Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Vitamin E Market

12.1. Australia Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Vitamin E Market

13.1. Indonesia Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Vitamin E Market

14.1. South Korea Vitamin E Market Overview
14.2. South Korea Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Vitamin E Market

15.1. Western Europe Vitamin E Market Overview
15.2. Western Europe Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Vitamin E Market

16.1. UK Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Vitamin E Market

17.1. Germany Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Vitamin E Market

18.1. France Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Vitamin E Market

19.1. Italy Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Vitamin E Market

20.1. Spain Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Vitamin E Market

21.1. Eastern Europe Vitamin E Market Overview
21.2. Eastern Europe Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Vitamin E Market

22.1. Russia Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Vitamin E Market

23.1. North America Vitamin E Market Overview
23.2. North America Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Vitamin E Market

24.1. USA Vitamin E Market Overview
24.2. USA Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Vitamin E Market

25.1. Canada Vitamin E Market Overview
25.2. Canada Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Vitamin E Market

26.1. South America Vitamin E Market Overview
26.2. South America Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Vitamin E Market

27.1. Brazil Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Vitamin E Market

28.1. Middle East Vitamin E Market Overview
28.2. Middle East Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Vitamin E Market

29.1. Africa Vitamin E Market Overview
29.2. Africa Vitamin E Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Vitamin E Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Vitamin E Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Vitamin E Market Competitive Landscape And Company Profiles

30.1. Vitamin E Market Competitive Landscape
30.2. Vitamin E Market Company Profiles
- 30.2.1. Archer Daniels Midland Company (ADM)
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. BASF SE
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Brenntag AG
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Evonik Industries AG
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Kao Corporation
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Vitamin E Market Other Major And Innovative Companies

31.1. DSM Nutritional Products
31.2. Amway Corporation
31.3. Lonza Group AG
31.4. Glanbia Plc
31.5. Alfa Laval AB
31.6. Herbalife Nutrition Ltd.
31.7. Sime Darby Plantation Berhad
31.8. Lubrizol Corporation
31.9. Kemin Industries Inc.
31.10. Schwabe Group
31.11. Vitamin Shoppe Industries Inc.
31.12. Naturex SA
31.13. Swanson Health Products Inc.
31.14. Nature's Way Products LLC
31.15. AstaReal AB

32. Global Vitamin E Market Competitive Benchmarking

33. Global Vitamin E Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Vitamin E Market

35. Vitamin E Market Future Outlook and Potential Analysis

35.1 Vitamin E Market In 2028 - Countries Offering Most New Opportunities
35.2 Vitamin E Market In 2028 - Segments Offering Most New Opportunities
35.3 Vitamin E Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer