Tmr Predicts Healthy Growth in Demand for Mixed Tocopherols Owing to Increased Use in Animal Feed and Pharmaceutical Industries

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Mixed Tocopherol Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2016 - 2024

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29-07-2016

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TMR Predicts Healthy Growth in Demand for Mixed Tocopherols

Owing to Increased Use in Animal Feed and Pharmaceutical

Industries

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Mixed Tocopherol Market

REPORT DESCRIPTION

Accounting for a nearly 20% share, the company DSM N.V. clearly enjoyed the most commanding position

in the global mixed tocopherols market in 2015, report TMR in a recent market research report. The top

five companies in the market, including BASF SE, Archer Daniels Midlands Company, COFCO Tech Bio

Engineering, Davos Life Sciences, along with DSM N.V., accounted for over 65% share in 2015. As such, the

market features a high level of consolidation.

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To break the monotony and gain an edge, key vendors in the market are investing heavily on innovations

and R&D activities. TMR analysts suggest that DSM N.V. acquired nearly 18% of the company’s overall

sales in 2014 from its arsenal of newly launched products. Establishing manufacturing bases in emerging

economies, where cheap and easy availability of raw materials plays a key role in bringing down product

costs, is also a hot trend among manufacturers of mixed tocopherols in the global market.

Rising Demand for Health Supplements and Increasing Geriatric Population to Boost Mixed

Tocopherol Consumption

The rising awareness about healthcare and physical wellbeing among the global population and the rise in

the world’s global geriatric population at a worrying pace are some of the chief...