Increasing use of tocotrienol for making various medicines in the pharmaceutical industry due to its health benefits such as lowering triglyceride and anticancer properties is a key factor driving market revenue growth.
Market Size - USD 369.1 Million in 2020, Market Growth - CAGR of 6.5%, Market Trends - Rising investments to extensively study properties of tocotrienol such as anti-diabetic, anti-hyperlipidemic, anticancer, anti-inflammatory, and immune-supportive by major players globally.
The global tocotrienol market size is expected to reach USD 614.9 Million in 2028, and register a CAGR of 6.5% during the forecast period. Rising prevalence of various chronic diseases and disorders, coupled with increasing awareness about uses of tocotrienol to treat breast cancer, Chronic Kidney Disease (CKD), familial dysautonomia, hypertrophic scars, and NAFLD (Nonalcoholic Fatty Liver Disease) are some of the major factors expected to drive revenue growth of the global tocotrienol market.
Tocotrienols are a group of vitamin E equivalents that modulate several mechanisms in our body. Tocotrienols involve a group of unsaturated forms of vitamin E termed alpha, gamma, beta, and delta.
Market Size - USD 369.1 Million in 2020, Market Growth - CAGR of 6.5%, Market Trends - Rising investments to extensively study properties of tocotrienol such as anti-diabetic, anti-hyperlipidemic, anticancer, anti-inflammatory, and immune-supportive by major players globally.
The global tocotrienol market size is expected to reach USD 614.9 Million in 2028, and register a CAGR of 6.5% during the forecast period. Rising prevalence of various chronic diseases and disorders, coupled with increasing awareness about uses of tocotrienol to treat breast cancer, Chronic Kidney Disease (CKD), familial dysautonomia, hypertrophic scars, and NAFLD (Nonalcoholic Fatty Liver Disease) are some of the major factors expected to drive revenue growth of the global tocotrienol market.
Tocotrienols are a group of vitamin E equivalents that modulate several mechanisms in our body. Tocotrienols involve a group of unsaturated forms of vitamin E termed alpha, gamma, beta, and delta.
Some Key Findings From the Report:
- Among the form segments, the alpha tocotrienol segment accounted for the largest revenue share of 34.5% in the global tocotrienol market in 2020. Alpha tocotrienol is naturally found in cereals and vegetables such as rice bran oil, palm oil, coconut oil, wheat germ, barley germ, and annatto.
- North America market accounted for the largest revenue share in the global tocotrienol market in 2020, and is expected to continue with its dominance over the forecast period, owing to rising applications of tocotrienol in dietary supplements & pharmaceuticals and increasing demand for naturally sourced pharmaceuticals in the region.
- The Asia Pacific market size was USD 88.6 Million in 2020, due to increasing consumption of healthy foods and supplements among health conscious individuals in countries in the region.
- Key players profiled in the report include BASF SE, BTSA (Biotechnologías Aplicados SA), American River Nutrition Inc., Eisai Food & Chemical Co. Ltd., Vance Group Ltd., ExcelVite Inc., Davos Life Science Ltd., SourceOne Global Partners, Orochem Technologies Inc., Sime Darby Bioganic Sdn. Bhd. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global tocotrienol market is segmented on the basis of form, application, end use, and region:
Form Outlook (Revenue, USD Million; 2018 - 2028)
- Alpha tocotrienol
- Beta tocotrienol
- Gamma tocotrienol
- Delta tocotrienol
Application Outlook (Revenue, USD Million; 2018 - 2028)
- Breast cancer
- Chronic kidney disease or CKD
- Familial dysautonomia
- Hypertrophic scars
- NAFLD (Nonalcoholic fatty liver disease)
- Others
End Use Outlook (Revenue, USD Million; 2018 - 2028)
- Dietary supplements
- Pharmaceuticals
- Cosmetics
- Others
Region Outlook (Revenue, USD Million; 2018 - 2028)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Tocotrienol Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Tocotrienol Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Tocotrienols Segmentation & Impact Analysis
Chapter 5. Tocotrienols Market By Form Insights & Trends
Chapter 6. Tocotrienols Market By Applications Insights & Trends
Chapter 7. Tocotrienols Market By End Use Insights & Trends
Chapter 8. Tocotrienols Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- BASF
- ExcelVite Inc.
- BTSA Biotechnologías Aplicados SA
- Eisai Food & Chemical Co.Ltd.
- Vance Group Ltd
- American River Nutrition Inc. Davos Life Science Ltd.
- SourceOne
- Orochem
- Sime Darby Bioganic Sdn.