; Vitamin E Acetate Market Size, Share, and Analysis

Vitamin E Acetate Market

Vitamin E Acetate Market Size, Share, and Analysis, By Type (Food Grade Vitamin E Acetate, Pharmaceutical Grade Vitamin E Acetate, Cosmetics Grade Vitamin E Acetate), By Application (Food, Feed, Medical, Cosmetics) And Region - Global Analysis of Market Size, Share & Trends For 2021-2022 and Regional Forecasts, 2022-2032.

Published on: Apr-2023
Report Code: FG F&B 01442
No. of Pages: 170-350
Report Format: PDF

Product Overview

The Global Vitamin E Acetate market size was USD million in 2021 and projected to grow from USD million in 2023 to USD million by 2032, exhibiting a substantial CAGR during the forecast period.

Vitamin E is a soluble fat and an important chain-breaking antioxidant as tissues play the action of first line of defence against peroxidation of lipid, by shielding the cell membrane from free radical attacks. Vitamin E Acetate contains Vitamin E which acts as an antioxidant having anti-inflammatory properties. It occurs naturally in wholesome foods and in various food components like cereal, vegetable oil, poultry eggs, meat, fruits, wheat germ oil, vegetables. Vitamin E is effective in treating conditions like Alzheimer's, cramp pains during menstruation and even blood disorders. Vitamin E is included in cosmetic products.

Market Highlights

Global Vitamin E Acetate Market Is Expected to Project a Substantial CAGR During the Forecast Period, 2022-2032.

Global Vitamin E Acetate Market is expected to reach USD million at a substantial CAGR forecast period. Vitamin E Acetate belongs to a class of vitamins to treat vitamin E deficiency, impaired balance due to various complications or long-term diseases. Vitamin E acetate helps to protect the skin from damage by the free radicals. When too many free radicals accumulate in the body, it leads to several complications and diseases. It also reduces the occurrence of heart diseases, cancers, and other disorders.

Global Vitamin E Acetate Market Segmentation:

Pharmaceutical Grade Vitamin E Acetate segment is expected to grow with high CAGR during the forecast period

Global Vitamin E Acetate market is classified based on the Type into Food Grade Vitamin E Acetate, Pharmaceutical Grade Vitamin E Acetate, Cosmetics Grade Vitamin E Acetate. Pharmaceutical Grade Vitamin E Acetate segment is dominating the market with the largest market share and is also expected to dominate during the forecast period. There has been a rise in the production of Vitamin E Acetate as these are utilized for various purposes in pharmaceutical field.

Food segment is expected to grow with high CAGR during the forecast period

Global Vitamin E Acetate market is classified based on the Application into Food, Feed, Medical, Cosmetics. Food segment is dominating the market with the largest market share and is also expected to dominate during the forecast period. The food segment has seen growth due to the usage of vitamin E in various food items as it is helpful in the well being of the skin and to prevent from diseases like heart attacks.

Market Dynamics:                                                    

Growth Drivers

Increasing Skin Disorders is Expected to Boost the Growth of the Market

Vitamin E Acetate contains Tocopheryl acetate, a fat-soluble vitamin that acts as an antioxidant. Vitamin E Acetate is anti-inflammatory agent, helps to nourish the skin from free radicals. It reduces the risk of cancers, vision problems, any other disorders. It prevents cells from damage caused by external factors. Vitamin E acetate is a natural skin lightening product which reduce the production of melanin and increase the skin texture, sensitivity, tone by reducing uneven tone. Vitamin E Acetate helps to repair and regenerate the damaged tissues of the skin by helping recovery of wounds or burns.

Rising Diseases is Expected to Boost the Growth of the Market

Increasing diseases is the main reason propelling market growth. Vitamin E has many uses like helps in reducing the cholesterol and calorie count, as ferroptosis modulator, immunostimulant, and for regulation of enzyme activity. Increased demand for the supplements of vitamin E is expected to rise the Vitamin E Acetate market over the forecast period. Increase prevalence of other diseases also led to the growth of the market

Restraint

Several States Banned the Use of Vitamin E Acetate in Cannabis Vaping Products May Hamper the Market Growth

Vitamin E Acetate can cause harm when in inhalation form. When used in excess may usage lead to blood thing and cause hemorrhage. The increased cost of production is hampering market growth. Vitamin E Acetate is also present in e-cigarettes and few other vaping products which lead to lung damage which lead to restraining the demand for vitamin E Acetate.

Recent Developments:

  • In 2019, Nenter & Co Inc announced a joint venture with Koninklijke DSM NV, which have all the latter’s products and its related assets for vitamin E.
  • In 2021, BASF concluded the sale of its production site in Kankakee, Illinois, to an affiliate of One Rock Capital Partners LLC, which contains the associated businesses of vegetable-oil-based raw material.

Global Vitamin E Acetate Market Key Players Covered:

Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Regional Analysis

Global Vitamin E Acetate market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. North America dominated the market in 2021 and is also expected to dominate the same way in the forecast period owing to the increasing health conditions about vitamin deficiency and the increasing problems related to gastrointestinal effects due to improper food habits, increased intake of natural vitamin E acetate, and increased demand for foods which are functional due to modern lifestyle led to the growth in the region.

 

Impact of Covid-19 on Global Vitamin E Acetate Market

Covid-19 had unprecedented effects on economies across the globe. The global outbreak led to decline in the growth of almost all the sectors and closing of many industries. Moreover, the food sector was a the least affected sectors, as during pandemic the activities continued to fulfill the demand for medicines and in turn vitamin E Acetate globally. With the imposition of lockdown and travel bans in many countries, there was a disruption in the market growth but pandemic had a positive impact on the growth of Global Vitamin E Acetate market.

Global Vitamin E Acetate market is further segmented by region into:

  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Global Vitamin E Acetate report also contains analysis on:

Global Vitamin E Acetate Segments:

  • By Type  
    • Food Grade Vitamin E Acetate
    • Pharmaceutical Grade Vitamin E Acetate
    • Cosmetics Grade Vitamin E Acetate
  • By Application
    • Food
    • Feed
    • Medical
    • Cosmetics
  • Global Vitamin E Acetate Market Dynamics
  • Global Vitamin E Acetate Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Value Chain of the Market
  • Market Drivers and Restraints

Global Vitamin E Acetate Market Report Scope and Segmentation

Report Attribute

Details

Market size value in 2021

USD million

Revenue forecast in 2032

USD million

Growth Rate

CAGR % from 2022 to 2032

Base year for estimation

2021

Quantitative units

Revenue in USD billion and CAGR from 2022 to 2032

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Type, Application, and Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

Key companies profiled

ADM, Animed, Abbott India Limited, Chemzone pharma, BASF, DSM, Bluestar Adisseo Company, TRI-K Industries, Chemzone pharma, Zhejiang Medicine  and Other Prominent Players

 

Frequently Asked Questions (FAQ):

Global Vitamin E Acetate market size was estimated at USD million in 2021 and is expected to reach USD million in 2032.

Vitamin E is a soluble fat and an important chain-breaking antioxidant because tissues play the action of first line of defence against peroxidation of lipid, by shielding the cell membrane from free radical attacks. Vitamin E Acetate contains Vitamin E which acts as an antioxidant having anti-inflammatory properties.

Pharmaceutical Grade Vitamin E Acetate, and Food segment accounted for the largest Global Vitamin E Acetate market share.

Key players: ADM, Animed, Abbott India Limited, Chemzone pharma, BASF, DSM, Bluestar Adisseo Company, TRI-K Industries, Chemzone pharma, Zhejiang Medicine and Other Prominent Players are the key players in the Global Vitamin E Acetate market.

Increasing skin disorders and Rising diseases are the factors driving the Global Vitamin E Acetate market.

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