Vitamin E Market Dynamics and its Growing Trend
This blog comprises of in-depth information on vitamin E production process as well as pricing trends, regional outlook, market drivers and key players.
Vitamin E: Definition
Vitamin E is a fat-soluble antioxidant. It is required by the body to maintain good health. It helps in protecting cell membranes from reactive oxygen species. It easily breaks down into fat.
It appears to be white or off-white flowing powder in appearance. It is found in various food products which include seeds, nuts, green vegetables, and vegetable oils as a supplement to the diet. Various foods, such as grains, vegetable oils, meat, poultry, eggs, and fruits, also contain it.
It is a group of eight fat soluble compounds that include four tocopherols and four tocotrienols. It plays an essential role for the immune system and metabolic processes.
It is utilised as an antioxidant and is essential for several body organs to function properly and effectively. The boiling point of vitamin E is 210 °C
Vitamin E Production Process
Utilising plant fats and oils, vapour steam distilling edible vegetable oil derivatives, and condensation of 2,3,6-trimethylhydroquinone with phytol vitamin E is produced.
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Plant fats and oils are the principal source of vitamin E in nature. When edible oils are deodorised, a deodoriser sludge with tocopherol concentrations of 3–15% is produced as a byproduct. Tocopherols can be purified using a variety of methods. Particularly after esterification, the fatty acids can be removed and separated by distillation. After the free fatty acids are eliminated, the tocopherols can be concentrated by adsorption on basic ion exchangers.
Vitamin E Price Trend
North America
Vitamin E prices started to fall as a result of China's sporadic lockdowns, and downstream demand in the United States decreased. The last week of July saw a sharp decline in imports into the US as a result of maintenance closures at multiple Chinese production plants.
The recent downward pricing trend and declining demand in the domestic market has impacted Vitamin E production cost.
Asia Pacific
In the recent months, vitamin E prices in the Asia-Pacific region were declining. Altering consumer purchasing habits, fluctuating raw material costs, and sluggish end-user sector demand are some of the causes affecting this pricing trend.
However, some vitamin manufacturers carried out maintenance after the markets opened in the final week of July, which decreased the amount of Vitamin E that was available to both domestic and foreign providers.
Europe
The economic downturn in Germany has been made worse by logistical problems brought on by ongoing transportation delays. Along with the upheaval in Russia and Ukraine, the persistent port restrictions in China have deteriorated the business environment in Europe.
The drop in demand from the pharmaceutical and nutraceutical industries forced nearby stores to lower their pricing.
Market Drivers of Vitamin E
It is used in numerous industries such as animal nutrition, human nutrition/dietary supplements, functional food & beverages, and cosmetics.
It is mainly used in the food industry, as a Antioxidants, stabilizers, nutrition supplements. Other than that, it can be used in the formulations of lipstick, eye shadow, blushers, face powders and foundations, moisturizers, skin care products, bath soaps and detergents, hair conditioners, and many other products.
The key driver driving the synthetic vitamin E market, which also serves as a driving force behind the vitamin E sector, is the need for enhanced animal production methods to fulfill growing domestic demand.
Also, there is a greater requirement for livestock, which has a direct impact on the need for animal feed and its additives, such as vitamins.
Synthetic vitamin E is the principal ingredient in the animal feed sector. Likewise, as the demand for livestock rises and the market for synthetic vitamin E expands, so will the demand for synthetic vitamin E for use in animal feed.
Key Players in the Market of Vitamin E
- Penta Manufacturing Company
- Charkit Chemical Company LLC
- Acros Organics
- DSM Nutritional Products AG
Regional Outlook
The Asia Pacific Vitamin E market is growing at the quickest rate worldwide because of the great potential in the markets of China and India.
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The rapidly expanding nutraceuticals industry in India has raised demand for vitamins. The Asia Pacific region is one of the developing countries that multinational firms are eyeing as a lucrative market with a strong predilection for active ingredients with plant origins.
The United States is a significant vitamin E consumer aside from that. It is projected that cosmetics will play a big role in driving development.
About Author:
Prakhar Panchbhaiya Senior Content Writer at Procurement Resource Prakhar Panchbhaiya is an accomplished content writer and market research analyst. With over 4 years of experience in content creation and market analysis encompassing many industries, including pharmaceuticals, nutraceuticals, biochemistry, healthcare, ed-tech, and Food & Agriculture, he has been creating quality content for multiple sectors. He is a Biochemistry major with sturdy backing in a PG diploma in digital marketing, helping in the exhaustive content creation based on extensive research and competitive marketing. |
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