Increased Adoption in Animal Feed Industry Boost Global Demand for Mixed Tocopherols
Tocopherol, alternatively known as vitamin E, is a naturally occurring organic element that can be obtained from a variety of vegetable oils and food products such as spinach, nuts, almonds and tomatoes among others. Tocopherol have the ability to protect from various diseases such as various neurogenic problems, restless leg syndrome, Parkinson’s disease, Huntington’s chorea, lungs cancer and oral cancer among others. Thus it is increasingly used in various pharmaceutical industries in order to provide proper medication against these diseases. The global mixed tocopherol market has been segmented on the basis of product type, application and geography. In addition, an exhaustive country level analysis of the global mixed tocopherol market across four broad regions has been covered under the scope of the study.
Increasing health consciousness among consumers is triggering the growth of the global mixed tocopherol market. Furthermore, increasing demand for Vitamin E fortified food and cosmetics are also contributing towards market growth globally. In addition, increasing demand for health supplements and rise in aging population is acting as a major driver of the mixed tocopherol market globally. These trends in the global market together are boosting sales globally and are contributing to the stable growth of the mixed tocopherol market.
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Application in animal feed has got huge opportunity in the field of mixed tocopherol. Adequate amount of mixed tocopherol is essential in animal nutrition to protect them from malnutrition and pathogen. In addition, the rising concern of heat stress on animal is also anticipated to trigger the use of mixed tocopherol in animal feeds. A prescribed amount of tocopherol in animal feed helps to avoid the effect of severe heat stress on egg production, egg weight, and egg shell density. Moreover, mixed tocopherol also prevents the formation of eicosanoids in the membrane which is a potent inflammation inducer. Mixed tocopherol mixed in animal feeds also helps to increase overall immunity power, meat quality, skin, nail, and hair condition in animals. Thus, the mixed tocopherol market is predicted to be driven extensively in the coming years by demand from animal feed manufacturers. The APAC and MEA and Latin America have got immense scope of growing and APAC is showing substantial growth among all the regions. With increasing number of health conscious people and rising threats of cardiovascular diseases, the demand for mixed tocopherol is increasing as it prevents these diseases. This is acting as a major driver in these regions which is contributing to its substantial growth.
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The competitive profiling of the key players in the global mixed tocopherol market across four broad geographic regions is included in the study. These include different business strategies adopted by the leading players and their recent developments as in the field of mixed tocopherol. The market attractive analysis of the major application areas has been provided in the report, in order to offer a deep insight of global mixed tocopherol market.
A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints and opportunities is included in the purview of the report. Market dynamics are the distinctive factors which impact the market growth, thereby helping to understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2016 to 2024, along with offering an inclusive study of the mixed tocopherol market.
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Some of the major players in the mixed tocopherol market are: DSM N.V. (Netherlands), BASF S.E. (Germany), B&D Nutritional Ingredients, Inc. (U.S.), Archer Daniels Midlands Company (U.S), COFCO Tech Bio Engineering (China), Davos Life Science Pte Ltd. (Singapore), Eisai Food and Chemical Co. Ltd (Japan), Advance Organic Material S.A. (Argentina), among others.