Global Synthetic Vitamin-E Market to Touch $1600 Million by 2020
Industry Experts, a multi industry focused market research firm, has today announced the availability an exclusive a research report on Synthetic Vitamin E market. The new report ‘ Synthetic Vitamin E – A Global Market Overview ’ reveals that the global consumption of synthetic vitamin E, in terms of volume stood at 100.3 thousand metric tons valued at US$1.06 million in 2012, is further expected to maintain a volume CAGR of 4.2% between 2012 and 2020 to reach a projected 139.1 thousand metric tons in 2020, while value CAGR is anticipated to be 5.2% over the same period that would enable in boosting up demand for synthetic vitamin E to US$1.6 billion in 2020. An increasing demand for livestock directly translates into increasing demand for animal feed and animal feed additives such as vitamins. Synthetic vitamin E is the key ingredient used in global animal feed industry today. It is obvious that demand for synthetic vitamin E for animal feed applications would continue to grow as...