Impact of ASF and COVID-19 on the Global Synthetic Vitamin E Demand - 2017 to 2026 Market Analysis, Trends and Forecast by Industry Experts, Inc
Industry Experts, Inc. published an updated 2021 version of the report " Synthetic Vitamin E – A Global Market Overview ". As per the new report, Asia-Pacific is the largest global market for Synthetic Vitamin E in terms of both volume and value accounting for a share of 35% and 29% respectively in the year 2020 forecast to sustain the same trend through 2026. 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. 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 ...