Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By Product Type (Natural, Synthetic), By Application (Functional Food and Beverages, Pharmaceuticals and Dietary Supplements, Infant Nutrition, Pet Food & Animal Feed, Cosmetics) And Competitive Landscape
Product Code: ETC076397 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Vitamin E Market is the fastest growing market in the global scenario owing to the promising potential in markets of China and India. The rapid expansion of the nutraceuticals market in India has led to rise in demand for vitamins over the years. Moreover, multinationals are eyeing on developing economies such as Asia pacific, both as a favorable destination of raw materials sourcing as well as a lucrative market with a strong inclination for active principles from plant origin. The Asia pacific market for vitamin E is driven by the growing demand for healthy and natural food supplements. Micronutrients have also gained importance because of the rising awareness of the health benefits among the public. However, overconsumption of vitamin E might have potential side effects such as headache, rashes, vomiting, and hormonal imbalance, and are some of the major factors that could restrain growth of the Asia-Pacific vitamin E market. COVID-19 has also affected the Asia-Pacific economy by directly affecting production and demand. Lockdowns across the Asia-Pacific region in 2020 and continuing restrictions in 2021 disrupted the supply chain posing challenges for manufactures in the vitamin E market. Intense competition, pricing issues and shifting consumer preferences will continue to put pressure on vendors profit margins.
According to 6Wresearch, Asia Pacific Vitamin E Market is expected to witness substantial growth during 2021-2027. Vitamin E market across Asia pacific countries is seeing a rapid change, where consumers are now more aware with regards to the health benefits of several vitamin types. China is the largest producer of vitamin E across the Asia pacific market, and the country has also expanded its domestic market during recent years attributable to growing pharmaceutical and dietary supplement market across the country. Furthermore, in countries such as India, despite an increase in awareness of the importance of several vitamins, only 9% of Indian consumers are aware of the health benefits of vitamin E. While most individuals resort to vitamin E for common ailments, the true potential vitamin E still sees a lack of awareness on a large scale. In this regard, in 2019-20, Merck consumer health India has done partnership with leading doctors and springer publications & launched a handbook on vitamin E, thus educating consumers about the importance of incorporating vitamin E into their diets. China and India are likely to increase the market because of huge population. Also, Asia pacific is largest growing segment. It is expected to grow rapidly because of the increasing preferences for healthy food among health-conscious consumers.
The Asia pacific market for Vitamin E is segmented based on type, application, form, process, and region. Based on product, the market is segmented into tocopherols, tocotrienols. Delta- and gamma-tocotrienols are the mostly used as they supply great health benefits. Further, the alpha-tocopherol is the least preferred form among all, due to its interfering characteristic. Based on application, the market is segmented into dietary supplements, food and beverages, cosmetics. Vitamin E is used in many end-use industries including animal nutrition, human nutrition/dietary supplements, functional food & beverages, and cosmetics. Asia pacific is geographically segmented into china, India, japan, south Korea, Taiwan, Australia, and southeast Asia.
The Asia Pacific Vitamin E market report thoroughly covers the market by product type, application and regions including India, China, Japan and South Korea and key countries. The Asia Pacific Vitamin E market outlook report provides an unbiased and detailed analysis of the on-going Vitamin E market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following segments
Other Key Reports Available:
Reports | |
North America Vitamin E Market | Global Vitamin E Market |
Latin America Vitamin E Market | Middle East Vitamin E Market |
Europe Vitamin E Market | Africa Vitamin E Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Vitamin E Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Vitamin E Market Revenues & Volume, 2020 & 2027F |
3.3 Asia Pacific Vitamin E Market - Industry Life Cycle |
3.4 Asia Pacific Vitamin E Market - Porter's Five Forces |
3.5 Asia Pacific Vitamin E Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Asia Pacific Vitamin E Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.7 Asia Pacific Vitamin E Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Asia Pacific Vitamin E Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Vitamin E Market Trends |
6 Asia Pacific Vitamin E Market, 2017 - 2027 |
6.1 Asia Pacific Vitamin E Market, Revenues & Volume, By Product Type, 2017 - 2027 |
6.2 Asia Pacific Vitamin E Market, Revenues & Volume, By Application, 2017 - 2027 |
7 China Vitamin E Market, 2017 - 2027 |
7.1 China Vitamin E Market, Revenues & Volume, By Product Type, 2017 - 2027 |
7.2 China Vitamin E Market, Revenues & Volume, By Application, 2017 - 2027 |
8 India Vitamin E Market, 2017 - 2027 |
8.1 India Vitamin E Market, Revenues & Volume, By Product Type, 2017 - 2027 |
8.2 India Vitamin E Market, Revenues & Volume, By Application, 2017 - 2027 |
9 Japan Vitamin E Market, 2017 - 2027 |
9.1 Japan Vitamin E Market, Revenues & Volume, By Product Type, 2017 - 2027 |
9.2 Japan Vitamin E Market, Revenues & Volume, By Application, 2017 - 2027 |
10 Australia Vitamin E Market, 2017 - 2027 |
10.1 Australia Vitamin E Market, Revenues & Volume, By Product Type, 2017 - 2027 |
10.2 Australia Vitamin E Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Indonesia Vitamin E Market, 2017 - 2027 |
11.1 Indonesia Vitamin E Market, Revenues & Volume, By Product Type, 2017 - 2027 |
11.2 Indonesia Vitamin E Market, Revenues & Volume, By Application, 2017 - 2027 |
12 Philippines Vitamin E Market, 2017 - 2027 |
12.1 Philippines Vitamin E Market, Revenues & Volume, By Product Type, 2017 - 2027 |
12.2 Philippines Vitamin E Market, Revenues & Volume, By Application, 2017 - 2027 |
13 Malaysia Vitamin E Market, 2017 - 2027 |
13.1 Malaysia Vitamin E Market, Revenues & Volume, By Product Type, 2017 - 2027 |
13.2 Malaysia Vitamin E Market, Revenues & Volume, By Application, 2017 - 2027 |
14 Rest of Asia Vitamin E Market, 2017 - 2027 |
14.1 Rest of Asia Vitamin E Market, Revenues & Volume, By Product Type, 2017 - 2027 |
14.2 Rest of Asia Vitamin E Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Asia Pacific Vitamin E Market Key Performance Indicators |
12 Asia Pacific Vitamin E Market - Opportunity Assessment |
12.1 Asia Pacific Vitamin E Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Asia Pacific Vitamin E Market Opportunity Assessment, By Product Type, 2020 & 2027F |
12.3 Asia Pacific Vitamin E Market Opportunity Assessment, By Application, 2020 & 2027F |
13 Asia Pacific Vitamin E Market - Competitive Landscape |
13.1 Asia Pacific Vitamin E Market Revenue Share, By Companies, 2020 |
13.2 Asia Pacific Vitamin E Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |