Product Code: ETC083143 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Vitamin E market currently, in 2023, has witnessed an HHI of 1959, Which has decreased slightly as compared to the HHI of 2866 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India vitamin E market size was valued at US$ 32.1 million in 2019 and is projected to register a CAGR of 6.9% over the forecast period. Vitamin E is an important fat-soluble antioxidant and has various health benefits, including improving immune system functioning, protecting cells from oxidative damage, fighting against infections, maintaining healthy skin and eyesight among others. Increasing awareness about its therapeutic properties coupled with increasing usage in dietary supplements are the major factors driving the growth of India vitamin E market.
Increasing prevalence of chronic diseases: A large number of people suffer from various chronic disorders like diabetes and heart disease due to unhealthy lifestyle choices such as lack of physical activity or bad eating habits. This has led to an increase in demand for Vitamin E as it helps in reducing inflammation caused by these conditions and improving overall health. Rising Awareness About Health Benefits Associated With Vitamin E: People are becoming more aware about the importance of including essential vitamins like Vitamin E into their daily diet which help in promoting good health and preventing illnesses such as cancer, cardiovascular diseases etc.. This has increased consumer interest towards products containing Vitamin E thereby contributing to its market growth. Demand For Dietary Supplements And Fortified Foods: Consumers are increasingly opting for dietary supplements that provide them with all essential nutrients required for proper functioning body processes as well as fortified food items which contain higher levels than what can be found naturally present in food sources. This trend is expected to drive up sales of products containing vitamin e over the forecast period.
High Cost Of Production : Producing high quality formulations containing vitamin e requires sophisticated technology coupled with expensive raw materials making it difficult for small manufacturers who cannot afford it leading to concentration among few big players.Additionally , stringent regulations enforced by government authorities regarding safety standards further add on production cost hampering industry profits.
Some key players operating within India vitamin e markets include Abbott Nutrition Inc., Amway Corporation , GlaxoSmithKline Plc., Nutritional Laboratories International Pvt Ltd., BASF SE , DuPont de Nemours & Co. Etc
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 India Vitamin E Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Vitamin E Market Revenues & Volume, 2020 & 2027F |
3.3 India Vitamin E Market - Industry Life Cycle |
3.4 India Vitamin E Market - Porter's Five Forces |
3.5 India Vitamin E Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.6 India Vitamin E Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 India Vitamin E Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Vitamin E Market Trends |
6 India Vitamin E Market, By Types |
6.1 India Vitamin E Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Vitamin E Market Revenues & Volume, By Product Type, 2018 - 2027F |
6.1.3 India Vitamin E Market Revenues & Volume, By Natural, 2018 - 2027F |
6.1.4 India Vitamin E Market Revenues & Volume, By Synthetic, 2018 - 2027F |
6.2 India Vitamin E Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Vitamin E Market Revenues & Volume, By Functional Food and Beverages, 2018 - 2027F |
6.2.3 India Vitamin E Market Revenues & Volume, By Pharmaceuticals and Dietary Supplements, 2018 - 2027F |
6.2.4 India Vitamin E Market Revenues & Volume, By Infant Nutrition, 2018 - 2027F |
6.2.5 India Vitamin E Market Revenues & Volume, By Pet Food & Animal Feed, 2018 - 2027F |
6.2.6 India Vitamin E Market Revenues & Volume, By Cosmetics, 2018 - 2027F |
7 India Vitamin E Market Import-Export Trade Statistics |
7.1 India Vitamin E Market Export to Major Countries |
7.2 India Vitamin E Market Imports from Major Countries |
8 India Vitamin E Market Key Performance Indicators |
9 India Vitamin E Market - Opportunity Assessment |
9.1 India Vitamin E Market Opportunity Assessment, By Product Type, 2020 & 2027F |
9.2 India Vitamin E Market Opportunity Assessment, By Application, 2020 & 2027F |
10 India Vitamin E Market - Competitive Landscape |
10.1 India Vitamin E Market Revenue Share, By Companies, 2020 |
10.2 India Vitamin E Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |