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

By -

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 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) due to the impact of COVID-19, 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 to be 108.5k metric tons.


The market for Synthetic Vitamin E end-use applications analyzed in this report comprise Animal Feed, Dietary Supplements, Food and Beverages and Cosmetics & Personal Care. This report reviews, analyzes and projects the Synthetic Vitamin E market for global and the regional markets including the North America, Europe, Asia-Pacific, South America and Rest of World for the period 2017-2026 in terms of volume in metric tons and value in USD. These regional markets further analyzed for 14 independent countries across North America – The United States, Canada and Mexico; Europe – Germany, France, Italy, Spain, The United Kingdom and The Netherlands; Asia-Pacific – China, India and Japan; and South America – Brazil and Argentina.

This 192 page study comprise 140 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. The statistical tables represent the data for the global synthetic vitamin E market value in metric tons and value in US$ by geographic region and end-use application. This study profiles 8 key global players and 13 major players across Europe – 3; Asia-Pacific – 9 and Rest of World – 1. The report also provides the listing of the companies engaged in the manufacturing and supply of synthetic vitamin E as well as major players in vitamin E end-use industries such as human nutrition, animal nutrition and personal care. The global list of companies covers addresses, contact numbers and the website addresses of 125 companies.

California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.

For more details, please visit: https://industry-experts.com/verticals/healthcare-and-pharma/synthetic-vitamin-e-a-global-market-overview

Comments

Post a Comment

Popular posts from this blog

Demand for Europium to Reach US$373.3 million by 2030 Fostered by Phosphors and Consumer Electronic Applications

By -
Image
Industry Experts, Inc., has released its latest report on Europium Market , which projects the demand for the same to reach US$373.3 million by 2030 from an estimated US$267.1 million in 2024 at a CAGR of 5.7% between the two years. The demand for Europium in the global market is primarily being driven by a number of factors that include increasing demand of phosphors in various applications for making high-quality displays that offer higher cooling, energy efficiency and brightness in products, such as OLEDs & LCDs, which are used in televisions, smart phones, wearables  and other electrical & electronic equipment. Technological advancements have enhanced the methods of extracting, purifying and separating europium from other ores, thereby positively impacting its availability to manufacturers. Heavy investments in R&D for improving performance and overcoming supply challenges of this metal have determined the global market in yielding innovative solutio...
Read more

Oil & Gas Fuels Demand for Duplex Stainless Steel and Global Market to Reach $6 billion by 2030

By -
Image
Industry Experts, Inc., has released its latest report, on Duplex Stainless Steel market, which projects the demand for the same to reach US$6 billion by 2030 from an estimated US$4.4 billion in 2024 at a CAGR of 5.4% between the two years. Some of the factors instrumental in driving demand for Duplex Stainless Steel include its widespread use in the oil & gas industry in the form of pipes & tubes. Comprising an almost equal proportion of austenitic and ferritic steels makes this variety of stainless steel very strong and highly resistant to corrosion, owing to which its application across various important end-use sectors has been growing rapidly.  The construction & infrastructure industry is another major consumer of Duplex Stainless Steels, as they are ideal for making bridges and other infrastructure projects. Apart from this, the chemical processing industry, subject to extreme operating environments, also makes extensive use of Duplex Stainless Ste...
Read more

Copper Demand to Reach US$368.8 B by 2030 Propelled by the Wide Range of Applications of the Metal Across Sectors

By -
Image
Industry Experts, Inc., has released its latest report, on Copper , which projects the demand for Copper to reach US$368.8 billion by 2030 from an estimated US$269 billion in 2024 at a CAGR of 5.4% between the two years. The use of copper and its alloys is quite extensive, contributing significantly to economic development. Major end-user sectors of this vital element include transportation, construction, consumer products, electrical & electronics and industrial machinery. The global demand for copper has been maintaining a steady growth, as statistics reveal a 300% growth in the use of refined copper over the last five decades across the industries mentioned above, reaching about 26.5 million tons in 2023. Other than being used in its primary form, copper is also among the most recycled materials, owing to which the market for secondary copper has been posting considerable growth. With an estimated share of about 41% in 2024, Asia-Pacific is the largest global marke...
Read more