Synthetic vitamin E constitutes the major ingredient employed in the global animal feed sector, with the market for this key additive continuing to expand in direct proportion to demand for livestock that is more evident in the developing economies of Asia, Africa and Latin America. Brazil, China and other Asian and African regions. Vitamin E plant closures, such as those of BASF in Germany and others in China, have tightened the supply of vitamin E since the last quarter of 2017. As a consequence of this, the supply of vitamin E will constrict in the first half of 2018 and cause considerable price hikes. Global consumption of synthetic vitamin E, in terms of volume stood at 104.6 thousand metric tons valued at US$1.3 billion in 2017, is further expected to maintain a volume CAGR of 1.8% between 2017 and 2024 to reach a projected 119 thousand metric tons in 2024.