According to the latest FMI report, sales of tocopherols are expected to achieve a rating of US$825 million by 2032, increasing at a CAGR of approx 7.5% until 2032.
Due to growing concerns about animal health, the use of mixed tocopherol in animal feed is increasing. Due to the increasing preference for high-quality chicken and pork, tocopherol is in high demand in the animal feed sector. The product contains a good amount of vitamin E, which is considered important for animal consumption, which leads to an increase in the sale of tocopherols.
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Vitamin E is essential for many pets, including dogs and cats, because it performs a number of jobs. First of all, vitamin E acts as an antioxidant and prevents cell damage from free radicals, which are linked to a variety of dangerous diseases such as cancer, Parkinson’s, Alzheimer’s and others.
While vitamin E deficiency is uncommon in pets, cats are significantly more susceptible than dogs. Because fish feed alone is often lower in vitamin E – which is required for natural fat metabolism – pets are at risk of developing yellow fat disease if a supplement is not provided.
Based on these factors, sales in the tocopherol market are forecast to pick up pace at a healthy pace over the forecast period.
“Growing concerns about obesity, aging populations and government efforts are driving the consumption of nutritious foods and snacks, which is expected to boost the application of tocopherols in the food and beverage sector,” says the FMI analyst.
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The central theses:
- Revenue in the personal care segment is estimated at $201.2 million due to increasing consumer preference for natural ingredients in hair and skin care.
- Depending on the type, sales of alpha tocopherols are expected …