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Allied Market Research

Tocotrienol Market Type (Alpha, Beta, Gamma, Delta) Application (Dietary Supplements, Pharmaceuticals, Cosmetics, Others) Distribution Channel (Offline, Online ) Industry Vertical (Food & Beverage, Healthcare & Nutrition, Cosmetics & Personal Care, Pharmaceuticals , Others) : Global Opportunity Analysis and Industry Forecast, 2020-2027

A08402
Pages: NA
Jun 2021 | 430 Views
 
Author(s) : Bandna
Tables: NA
Charts: NA
 

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Tocotrienol is a chemical compound that is found beneficial in treating diseases such as respiratory disorders and pancreatic cancer, which tends to boost the demand fortocotrienol in the market. This vitamin E family has four tocotrienols and four tocopherols, differentiated on the basis of saturated and unsaturated chains. The growing awareness among individuals regarding health consciousness boosts the demand for dietary supplements that include tocotrienol that eventually leads to market expansion and growth.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($U.S.)

  Segments covered

  Type, Application, Industry Vertical, and Region

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

  Companies covered

BASF, American River Nutrition Ltd., Orochem, Cayman Chemicals, Davos Life Sciences, AC Grace Company L.L.C., Vance Group, Eisai FOOD & Chemical Co., Parachem Fine & Specialty Chemicals, Excel Vite Inc.

 

COVID-19 Scenario Analysis:

Production shutdown

The production and extraction processes for tocotrienol has not been taking place owing to the implications of COVID-19. This impacted the industries associated with applications of tocotrienol and hampered the revenue for the global market.

Disrupted supply chains

The disruptions in the supply chains have hindered the transfer of raw materials within a country or globally. This is due to the lack of active transportation that the market is facing hurdles in performance and growth.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Surge in application of tocotrienol in the food & beverage, health care & nutrition segment, pharmaceuticals, and cosmetics industry has encouraged the consumption and demand for the product in the market. Being a rich source of vitamin E, tocotrienol is considered as one of the healthiest compounds that can be put to diverse applications wherein the benefits range from proving anti-ageing advantages to anti-cancer treating activities. Tocotrienol treatments are expensive and this is likely to hamper the market growth, but the wide range of options that allow availing of multiple benefits, intrigue the market players to enhance the production and market reach for the product.

The global tocotrienol market trends are as follows:

New product launches to flourish the market

Tocotrienol is naturally derived from annatto, which turns out to be a rich source of vitamin E. These are commonly derived from rice bran and help reduce inflammation associated with cardiovascular diseases, with no side effects on human beings. The growing awareness regarding the benefits of tocotrienol is anticipated to boost the market potential for the coming years.

Leading market players are investing huge amounts in the R&D sector to find out more possible outcomes in which the product offering can be disbursed as a customer utility. The healthcare industry is uplifted with involvement of tocotrienol as dietary supplements and its application in treating severe diseases such as pancreatic cancers. It is also gaining popularity as a source of vitamin E in the food & beverage industry. The market has unveiled the advantages of cost-effective production techniques that accelerates the pace of growth and revenue generation for the global industry.

Surge in usage in cosmetics and personal care industry

An upsurge in application of tocotrienol owing to its multiple benefits is providing the leading marketers an opportunity to expand in different industry verticals. The presence of vitamin E in tocotrienol makes it an attractive product for utilization in the cosmetics and personal care industry.

Tocotrienol is used as vitamin E capsule to promote hair growth. This gained a quick customer recognition as a large number of population was found suffering from hair fall and related issues due to changing lifestyle and population. Other than this, the extracted compound of tocotrienol i.e. tocopherol, is found beneficial and safer for application in the cosmetics industry by delivering anti-aging benefits to the customers. This is the highlight of its application in the personal care products. All these factors are expected to flourish the growth of the global tocotrienol market.

Key Segments Covered:

Segments

Sub-segments

  Type

  • Alpha
  • Beta
  • Gamma
  • Delta

  Application

  • Dietary Supplements
  • Pharmaceuticals
  • Cosmetics
  • Others

  Distribution Channel

  • Offline
  • Online

  Industry Vertical

  • Food & Beverage
  • Healthcare & Nutrition
  • Cosmetics & Personal Care
  • Pharmaceuticals
  • Others

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the global tocotrienol industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global tocotrienol market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global tocotrienol market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global tocotrienol market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Tocotrienol Market Research Report:

  • What are the leading market players active in the tocotrienol market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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