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Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Synthetic Vitamin E Market Overview 2021 Featuring Profiles of 13 Major Players, Including BASF, Chongqing Southwest, DSM Nutritional Products, Eigenmann & Veronelli - ResearchAndMarkets.com

October 1, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Oct 1, 2021--

The “Synthetic Vitamin E - A Global Market Overview 2021” report has been added to ResearchAndMarkets.com’s offering.

The report reviews, analyzes and projects the global Synthetic Vitamin E market for the period 2017-2026 in terms of volumes in Tons and market value in US$ and the compound annual growth rates (CAGRs) projected from 2017 through 2026 with a special focus on 2019-2020 y-o-y growth rate.

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.

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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), 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 at 108.5k metric tons.

Research Findings & Coverage

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  • Synthetic Vitamin E market is analyzed in this report with respect to major end-use sectors and key countries across the world
  • The study exclusively analyzes the market size for each end-use sectors of Synthetic Vitamin E by a major geographic region
  • Installed capacities of synthetic vitamin e for key manufacturers
  • Animal Feed Demand in Developing Economies to Propel Synthetic Vitamin E Growth
  • FDA Changes Nutrition Facts Label on Food Packaging
  • Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
  • Major companies profiled (13)
    • BASF SE
    • Chongqing Southwest Synthetic Pharmaceuticals Corp. Ltd.
    • DSM Nutritional Products (Royal DSM NV)
    • Eigenmann & Veronelli S.p.A.
    • Jilin Beisha Pharmaceutical Co. Ltd.
    • Merck Limited
    • Mitsubishi-Chemical Foods Corporation
    • Nenter & Co. Inc.
    • Wuhu Huahai Biology Engineering Co. Ltd.
    • Yerevan Vitamin Plant
    • Zhejiang Donggong Pharmaceutical Co. Ltd.
    • Zhejiang Medicine Co. Ltd.
    • Zhejiang NHU Company Ltd.
  • The industry guide includes the contact details for 125 companies

End-use Sectors of Synthetic Vitamin E

  • Animal Feed
  • Dietary Supplements
  • Food & Beverages
  • Cosmetics & Personal Care

Geographic Coverage

  • 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

For more information about this report visit https://www.researchandmarkets.com/r/pubxv2

View source version on businesswire.com:https://www.businesswire.com/news/home/20211001005537/en/

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KEYWORD:

INDUSTRY KEYWORD: AGRICULTURE FITNESS & NUTRITION HEALTH NATURAL RESOURCES

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 10/01/2021 11:10 AM/DISC: 10/01/2021 11:11 AM

http://www.businesswire.com/news/home/20211001005537/en