Published Date: Jun 2025
Report Code: NTC003
Pages: 205
Charts: 140
Global Synthetic Vitamin E Market Trends and Outlook
Synthetic vitamin E plays a crucial role across multiple industries due to its powerful antioxidant properties and essential biological functions. In animal feed, it is vital for maintaining animal health, improving immunity, and enhancing reproductive performance, particularly in poultry, swine, and aquaculture. In dietary supplements, synthetic vitamin E supports immune function, cardiovascular health, and acts as a protective agent against oxidative stress. Within the food and beverage industry, it is used as a preservative to extend shelf life by preventing the oxidation of fats and oils, especially in processed and fortified foods. In the cosmetics and personal care sector, synthetic vitamin E is valued for its skin-nourishing and anti-aging properties, being widely used in formulations such as moisturizers, sunscreens, and anti-wrinkle products. Its versatility and stability make synthetic vitamin E an indispensable ingredient in both health and consumer products.
In 2023, the global synthetic vitamin E market declined sharply, with total demand falling by 19.5% to US$1 billion. This downturn was primarily driven by exceptionally low vitamin E prices and a persistent destocking cycle across the supply chain. However, the market reversed course in 2024 amid severe supply disruptions and geopolitical challenges. A major fire at BASF's Ludwigshafen plant on July 29, 2024, resulted in a Force Majeure declaration affecting vitamin E, vitamin A, and carotenoid production. BASF announced that production would not resume before July 2025. This event was compounded by planned maintenance shutdowns by other major producers such as Zhejiang NHU, Jilin Beisha, and ZMC during mid to late 2024, leading to significant supply tightness and a sharp surge in vitamin E prices - reaching their highest levels in nearly five years by August 2024.
Over the forecast period from 2024 to 2030, the market is expected to see a negative compound annual growth rate (CAGR) of 1.3% in value terms, primarily due to anticipated price corrections. However, in volume terms, global consumption is projected to grow steadily, reaching 129,000 metric tons by 2030.
Synthetic Vitamin E Regional Market Analysis
The report reviews, analyzes and projects the Synthetic Vitamin E market for global and the regional markets including North America, Europe, Asia-Pacific, South America and Rest of World for the period 2021-2030 in terms of volume (metric tons) as well as value (USD). Asia-Pacific region leads the global Synthetic Vitamin E volume market with a share of 36.4% in 2024 and is further projected to record the world's fastest CAGR of 3.3% during 2024-2030 to reach 49.7 thousand metric tons by 2030. On the other hand, demand for Synthetic Vitamin E in Europe is projected to sustain the slowest CAGR of 1.1% during the outlook period.
Synthetic Vitamin E Market Analysis by End-use Sector
End-use sectors of Synthetic Vitamin E covered in this report include animal feed, dietary supplements, food & beverages and cosmetics & personal care. In terms of volume, animal feed sector is the largest application for synthetic vitamin E globally cornering a share of 84% in 2024 and demand for synthetic vitamin E in this sector is projected to post the fastest 2024-2030 CAGR of 2.7% in terms of volume, reaching 110 thousand metric tons by 2030.
Due to growing demand for clean-label, organic, and natural ingredients natural vitamin E may increasingly replace synthetic forms in dietary supplements, food & beverages, and cosmetics. However, animal feed applications are likely to retain synthetic vitamin E owing to its cost-efficiency and scalability.
Synthetic Vitamin E Market Report Scope
This global report on Synthetic Vitamin E analyzes the global and regional markets for end-use sectors from 2021-2030 period with projections from 2024 to 2030 in terms of volume shipments in metric tons and value in US$. The report also includes production capacities of all synthetic vitamin E manufacturers by plant/country. In addition to providing profiles of major companies operating in this space, the latest corporate and industrial developments have been covered to offer a clear panorama of the industry.
Key Metrics
| Historical Period: | 2021-2023 | |
| Base Year: | 2024 | |
| Forecast Period: | 2024-2030 | |
| Units: | Volume consumption in Metric Tons and Value market in US$ | |
| Companies Mentioned: | 20+ |
Global Synthetic Vitamin E Market by Geographic Region
- North America (The United States, Canada and Mexico)
- Europe (Germany, France, Italy, Spain, the United Kingdom, The Netherlands and Rest of Europe)
- Asia-Pacific (China, India, Japan and Rest of Asia-Pacific)
- South America (Brazil, Argentina and Rest of South America)
- Rest of World
Global Synthetic Vitamin E Market by End-use Application
- Animal Feed
- Dietary Supplements
- Food & Beverages
- Cosmetics & Personal Care
Synthetic Vitamin E Market Frequently Asked Questions (FAQs)
Global Synthetic Vitamin E market size is estimated at 112 thousand metric tons in 2024. In terms of value, the global Synthetic Vitamin E market is projected to reach US$1.5 billion by 2030.
Asia-Pacific is largest value market for Synthetic Vitamin E worldwide with an estimated share of 36.4% in 2024, followed by North America and Europe.
Animal Feed is the leading end-use sector for Synthetic Vitamin E consumption with a share of 84% in 2024.
Global Synthetic Vitamin E production capacity is estimated at 166 thousand metric tons in 2024.
With a share estimated at 31% in 2024, DSM-Firmenich AG (including its joint venture Yimante) is the leading producer of Synthetic Vitamin E worldwide.
Animal Feed is also the fastest growing end-use sector for Synthetic Vitamin E globally, projected to post a CAGR of over 2.7% over the forecast period.
Leading producers of Synthetic Vitamin E on global basis are BASF, Chongqing Southwest Synthetic Pharmaceuticals, DSM-Firmenich/ Yimante, Jilin Beisha Pharmaceutical. Mitsubishi-Chemical Foods, Zhejiang Medicine and Zhejiang NHU among others.
PART A: GLOBAL MARKET PERSPECTIVE
1. INTRODUCTION
- Glance at Overall Vitamin E Market
- Market Trends and Outlook
- Product Outline
- Vitamin E
- Types of Vitamin E
- Synthetic Vitamin E
- Natural Source Vitamin E
- Tocopherols
- Tocotrienols
- Vitamin E TPGS (d-Alpha Tocopheryl Polyethylene Glycol 1000 Succinate)
- Raw Materials and Manufacturing Processes of Vitamin E
- Synthetic Vitamin E
- Natural Source Vitamin E
- Tocopherols
- Tocotrienols
- End-Use Applications of Vitamin E
- Animal Nutrition
- Human Nutritional/Dietary Supplements
- Functional Food and Beverages
- Cosmetics & Personal Care
2. INDUSTRY LANDSCAPE
- Global Synthetic Vitamin E Installed Capacities
- Key Global Players
- BASF SE
- Chongqing Southwest Synthetic Pharmaceuticals Corp Ltd
- DSM-Firmenich AG/ Yimante
- Jilin Beisha Pharmaceutical Co., Ltd.
- Mitsubishi-Chemical Foods Corporation
- Zhejiang Medicine Co Ltd (ZMC)
- Zhejiang NHU Company Ltd
3. KEY BUSINESS TRENDS
4. GLOBAL MARKET OVERVIEW
- Global Synthetic Vitamin E Market Overview by End-Use Application
- Synthetic Vitamin E End-Use Application Market Overview by Geographic Region
- Animal Feed
- Dietary Supplements
- Food & Beverages
- Cosmetics & Personal Care
PART B: REGIONAL MARKET PERSPECTIVE
- Global Synthetic Vitamin E Market Overview by Geographic Region
REGIONAL MARKET OVERVIEW
5. NORTH AMERICA
- North American Synthetic Vitamin E Market Overview by End-Use Application
- North American Synthetic Vitamin E Market Overview by Geographic Region
- Synthetic Vitamin E Market Overview by North American Region
- The United States
- United States Synthetic Vitamin E Market Overview by End-Use Application
- Canada
- Canada Synthetic Vitamin E Market Overview by End-Use Application
- Mexico
- Mexico Synthetic Vitamin E Market Overview by End-Use Application
6. EUROPE
- European Synthetic Vitamin E Market Overview by End-Use Application
- European Synthetic Vitamin E Market Overview by Geographic Region
- Major Market Players
- BASF SE (Germany)
- DSM-Firmenich AG (The Netherlands)
- Eigenmann & Veronelli S.P.A. (Italy)
- Synthetic Vitamin E Market Overview by European Region
- Germany
- Germany Synthetic Vitamin E Market Overview by End-Use Application
- France
- France Synthetic Vitamin E Market Overview by End-Use Application
- The Netherlands
- Netherlands Synthetic Vitamin E Market Overview by End-Use Application
- Spain
- Spain Synthetic Vitamin E Market Overview by End-Use Application
- Italy
- Italy Synthetic Vitamin E Market Overview by End-Use Application
- The United Kingdom
- United Kingdom Synthetic Vitamin E Market Overview by End-Use Application
- Rest of Europe
- Rest of Europe Synthetic Vitamin E Market Overview by End-Use Application
7. ASIA-PACIFIC
- Asia-Pacific Synthetic Vitamin E Market Overview by End-Use Application
- Asia-Pacific Synthetic Vitamin E Market Overview by Geographic Region
- Major Market Players
- Chongqing Southwest Synthetic Pharmaceuticals Corp Ltd (China)
- Jilin Beisha Pharmaceutical Co., Ltd. (China)
- Merck Limited (India)
- Mitsubishi-Chemical Foods Corporation (Japan)
- Nenter & Co., Inc. (China)
- Wuhu Huahai Biology Engineering Co Ltd (China)
- Yimante Health Ingredients (Jingzhou) Co.,Ltd. (China)
- Zhejiang Donggong Pharmaceutical Co Ltd (China)
- Zhejiang Medicine Co Ltd (China)
- Zhejiang NHU Company Ltd (China)
- Synthetic Vitamin E Market Overview by Asia-Pacific Region
- China
- China Synthetic Vitamin E Market Overview by End-Use Application
- India
- India Synthetic Vitamin E Market Overview by End-Use Application
- Japan
- Japan Synthetic Vitamin E Market Overview by End-Use Application
- Rest of Asia-Pacific
- Rest of Asia-Pacific Synthetic Vitamin E Market Overview by End-Use Application
8. SOUTH AMERICA
- South American Synthetic Vitamin E Market Overview by End-use Application
- South America Synthetic Vitamin E Market Overview by Geographic Region
- Synthetic Vitamin E Market Overview by South American Region
- Brazil
- Brazil Synthetic Vitamin E Market Overview by End-use Application
- Argentina
- Argentina Synthetic Vitamin E Market Overview by End-use Application
- Rest of South America
- Rest of South America Synthetic Vitamin E Market Overview by End-use Application
9. REST OF WORLD
- Rest of World Synthetic Vitamin E Market Overview by End-Use Application
- Major Market Player
- Yerevan Vitamin Plant (Republic of Armenia)
PART C: GUIDE TO THE INDUSTRY
- Synthetic Vitamin E Manufacturers
- Major Companies in the End-use Application Industries for Vitamin E
- Nutritional Supplements Companies
- Direct Selling Companies - Supplements and Personal Care
- Contract Manufacturers - Supplements
- Animal Nutrition Companies
PART D: ANNEXURE
- RESEARCH METHODOLOGY
- FEEDBACK
BASF SE
Chongqing Southwest Synthetic Pharmaceuticals Corp Ltd
DSM-Firmenich AG/ Yimante
Jilin Beisha Pharmaceutical Co., Ltd.
Mitsubishi-Chemical Foods Corporation
Zhejiang Medicine Co Ltd (ZMC)
Zhejiang NHU Company Ltd
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