China Records Robust Growth in Synthetic Vitamin E Demand Despite COVID-19 Pandemic while Global Market Projected to Reach 123K MTs by 2026 – Market Report (2017-2026) by Industry Experts, Inc
Monday 27 Sep 2021
Industry Experts, Inc. published an updated 2021 version of the report "Synthetic Vitamin E – A Global Market Overview". As per the new report, Asia-Pacific is the largest global market for Synthetic Vitamin E in terms of both volume and value accounting for a share of 35% and 29% respectively in the year 2020 forecast to sustain the same trend through 2026.
Demand for livestock has been growing at an exponential rate, which has resulted in increasing the need for animal feed and animal feed additives, such as vitamins. 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 are drawing alongside the western economies in terms of wider adoption of modern animal production techniques that is enabling them to keep up with growing domestic demand.
In terms of volume, the demand for synthetic vitamin E in almost all applications contracted in 2020 year-over-year (YOY) due to the impact of COVID-19, except for animal feed sector, where vitamin E demand has recorded a significant growth of 3.9% YOY. The overall synthetic vitamin E demand in 2021 is estimated to be 108.5k metric tons.
The market for Synthetic Vitamin E end-use applications analyzed in this report comprise Animal Feed, Dietary Supplements, Food and Beverages and Cosmetics & Personal Care. This report reviews, analyzes and projects the Synthetic Vitamin E market for global and the regional markets including the North America, Europe, Asia-Pacific, South America and Rest of World for the period 2017-2026 in terms of volume in metric tons and value in USD. These regional markets further analyzed for 14 independent countries across North America – The United States, Canada and Mexico; Europe – Germany, France, Italy, Spain, The United Kingdom and The Netherlands; Asia-Pacific – China, India and Japan; and South America – Brazil and Argentina.
This 192 page study comprise 140 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. The statistical tables represent the data for the global synthetic vitamin E market value in metric tons and value in US$ by geographic region and end-use application. This study profiles 8 key global players and 13 major players across Europe – 3; Asia-Pacific – 9 and Rest of World – 1. The report also provides the listing of the companies engaged in the manufacturing and supply of synthetic vitamin E as well as major players in vitamin E end-use industries such as human nutrition, animal nutrition and personal care. The global list of companies covers addresses, contact numbers and the website addresses of 125 companies.
California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.
For more details, please visit: https://industry-experts.com/verticals/healthcare-and-pharma/synthetic-vitamin-e-a-global-market-overview