Latin America Natural Source Vitamin E Market

Latin America Natural Source Vitamin E Market Growth and Forecast (2023 - 2028):

Latin America Natural Source Vitamin E Market is worth USD 164.53 million in 2022 and estimated to grow at a CAGR of 3%, to reach USD 283.55 million by 2028. The Latin America Natural Source Vitamin E market is developing at an exceptionally quick pace.

Market Overview:

Natural source vitamin E is fat soluble antioxidant. It also acts as an enzymatic activity regulator and plays a crucial role in neurological functions. It also protects lipids and prevents oxidation of polyunsaturated fatty acids. The natural vitamin E market is composed of dietary supplements, fortified foods & beverages and cosmetics. Natural vitamin E is mainly used for dietary supplements and for fortification of foods & beverages and in cosmetics. Some of the major natural vitamin E rich foods are vegetable oils, spinach, peanuts, sunflower seeds, avocado and broccoli. Vitamin E prevents oxidative stress, facilitates healthy muscles, and improves eyesight and immunity.

Drivers and Restraints:

The significant drivers are increasing consumer concern concerning toxic chemical additives used in dietary supplements, food and beverages, and personal care products. Also surge in use of Natural Source Vitamin E is because natural vitamin E is one among the major ingredients in most of the nutritive foods, as it balances cholesterol, helps in fighting free radicals, repairs skin, lowers the risk of cancer, increases muscle strength, among others. Limited manufacturers for the production of Natural Source Vitamin E and stringent policies limits this industry.

Latin America Natural Source Vitamin E Market Segmentation Analysis:

The Latin America market for Natural Vitamin Source E is segmented on the basis of 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 provide 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.

Region Analysis:

Geographically the Latin America Natural Source Vitamin E Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. The market is anticipated to keep thriving in both created and creating districts. The huge rise in spending has increased the demand for this industry.

Key Players in the Market:

Major Key Players in the Latin America Natural Source Vitamin E Market are

• Cargill Incorporated
• American River Nutrition, Ltd
• Vance Group
• Excel Vite Inc
• Cayman BASF SE
• DSM N.V
• Archer Daniels Midland Company
• Nutralliance
• Vitae Caps
• Sigma-Aldrich Co. LLC
• Parachem Fine & Specialty Chemicals
• Orochem
• Davos Life Sciences
• Eisai Food & Chemical Co