Global Natural Vitamin E Volume Demand Softens After its Peak Growth During Pandemic Period, Grown Moderately at 2% YOY in 2022
Industry Experts, Inc. published the 2023 version of its global market report on Natural Vitamin E. The new version of the report entitled " Natural Source Vitamin E (Tocopherols and Tocotrienols) – A Global Market Overview " reveals that Asia-Pacific will emerge as the largest consumer of the global Natural Vitamin E market by 2028 in terms of both volume and value with CAGRs of 5.7% and 5.4% respectively between 2022 and 2028. Dietary Supplements sector is the largest consumer of Natural Vitamin E worldwide and any upturns and downturns in the demand from Dietary Supplements will directly reflect in the overall Natural Vitamin E market. Amid the pandemic induced upturn in the demand for supplements and fortified foods & beverages, the global Natural Vitamin E consumption has significantly increased during 2020-2021 period. Demand growth for supplements and fortified foods slowed down likewise significantly in 2022 as the threat by the pandemic continued to wane and the...