Synthetic vitamin E market dominated by the animal feed category

Press Release   •   Jul 11, 2013 15:41 BST

The synthetic vitamin E market is dominated by the animal feed category, with an estimated volume share of 82%, equivalent to 82.1 thousand metric tons.

In 2012 the animal feed category globally was worth 67% of the total synthetic vitamin E market, which translates to around $713 million.

Synthetic vitamin E growth within the animal feed industry can be predominantly attributed to growth within the developing world. The demand for livestock products such as meat, poultry etc. is increasing rapidly across the emerging nations. The main attributes for this growth include population growth, urbanization and particularly growing household incomes in these countries.

Between the years 2012-2020, it is forecast that the animal feed sector will represent the fastest growing part of the synthetic vitamin E market, expanding at 4.5% compound annual growth rate (CAGR), to total 116.5 thousand metric tons by 2020. In value terms, animal feed is projected to reach US$1.1 billion by 2020 at a CAGR of 5.7% over 2012-2020.

Vitamin E is one of the most exciting eye nutrients. It's also one of the most confusing, since vitamin E exists in so many different forms! Experts agree, however, that the best form is d-alpha-tocopherol (natural vitamin E).

Under the eye category, vitamin E is a highly-regarded super-nutrient. High vitamin E intake is associated with a 20% reduction in risk of developing AMD. The Age-Related Eye Disease Study (AREDS) found that a mixed supplement of vitamin C, vitamin E, beta-carotene, zinc and copper reduced the risk of developing moderate-to-severe vision loss by 25%. Those with moderate to advanced AMD were found to reduce their risk of further vision loss by taking this antioxidant combination.

Some people claim that natural vitamin E is better across the board than synthetic vitamin E, but research has not supported such claims. In fact, most of the large-scale medical studies finding benefits for vitamin E used either a synthetic racemic d,l-alpha-tocopheryl ester (acetate or succinate) or a semisynthetic d-alpha-tocopheryl ester (acetate or succinate).

For more information on the synthetic vitamin E market, see the latest research: Synthetic Vitamin E Market

Follow us on Twitter @CandMResearch issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.