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Tocopherol Market size was valued at USD 499.64 million in 2022 and is anticipated to grow a CAGR of over 6.2% between 2023 and 2032.
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Tocopherols Market Size to Cross USD 670 Mn by 2027 Global Market Insights Inc.
Overview of Tocopherols Market • The tocopherols market is projected to witness notable expansion through 2027 driven by increasing awareness of product advantages among consumers across the globe. Additionally, growing research focus on the health benefits of the product is expected to further support market growth through the forecast period. • Tocopherols, major forms of vitamin E, refer to a group of fat-soluble phenolic compounds. Every tocopherol is made up of a chromanol ring as well as a 16-carbon phytyl chain. Owing to their strong antioxidant properties, these compounds have been suggested to mitigate the risk of cancer. • Several research studies have demonstrated that a lower vitamin E nutritional status is linked to a higher risk of certain types of cancer, which has been favorable for tocopherols market expansion. Particularly, alpha tocopherol (α-Tocopherol) is a key form of tocopherols present in tissues and blood, and thus, α-Tocopherol is known to be the classic vitamin E. Global Market Insights Inc.
Continue… • To that effect, in a July 2021 study published in bioRxiv, a team of researchers in the United States showed that water-soluble derivatives of vitamin E (α-tocopherol) showcased powerful antiviral activity against SARS-CoV-2, the COVID-19-causing agent. As a result, high prominence of tocopherols in the treatment of the COVID-19 infection has fostered product outlook during the pandemic. • The tocopherols market has been categorized on the basis of type, source, application, and region. Based on type, the market has further been divided into alpha tocopherols, delta tocopherols, mixed tocopherols, and others. The others sub-segment is expected to grow at a CAGR of around 4.6% over the assessment timeframe. • With regards to source, the tocopherols market has been bifurcated into sunflower oil, soybean oil, rapeseed oil, and others. The rapeseed oil sub-segment is anticipated to reach a valuation of about USD 43.91 million by 2027, expanding at a robust CAGR through the analysis period. The others sub-segment is set to register more than 5.1% CAGR over the review period. Global Market Insights Inc.
Continue… • From the application perspective, the market has been segmented into cosmetics, dietary supplements, food & beverage, pharmaceuticals, and animal feed nutrition. The food & beverage sub-segment is calculated to observe sizable growth at a CAGR of over 6.8% through the study timeframe. • In the regional landscape, the Latin America tocopherols market is slated to exceed a revenue of USD 36.61 million by 2027, growing at a CAGR of approximately 6.0% over the forecast period. Meanwhile, the Middle East & Africa tocopherols market is speculated to be valued at above USD 32.04 million by 2027, progressing at a solid CAGR through the estimated timeline. • Notable participants in the Tocopherols market includeDSM, Archer Daniels Midland Company (ADM) BTSA, Zhejiang Medicine, Vitae Naturals, Eisai Food & Chemical, Vance Group Ltd., Riken Vitamin Co., Ltd., Fairchem Organics Limited, Dupont, and Kemin Industries Global Market Insights Inc.
Browse Full Research Report On Tocopherols Market@ https://bit.ly/3NcWXCe Request for a sample of this research report @ https://bit.ly/46s6cYf Global Market Insights Inc.
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