According to the current analysis of Reports and Data, the global Tocotrienols Market was valued at USD 369.1 Million in 2020 and is expected to reach USD 614.9 Million by the year 2028, at a CAGR of 6.5%. Tocotrienols are chemicals in the vitamin E family. Vitamin E is a substance necessary for proper body and brain function. As with the other vitamin E chemicals, there are four types of tocotrienols found in nature: alpha, beta, gamma, and delta. Tocotrienols occur in the oils of rice bran, palm fruit, barley, and wheat germ. Experts believe that tocotrienols have many health benefits — some that are more powerful than those found in more common tocopherols. These include increased brain health and functionality, anticancer activity, and cholesterol-lowering properties.
Tocotrienols
have gained the attention of clinicians by demonstrating compelling anti-cancer
activities in pre-clinical research. The underlying mechanism facilitating this
effect has been attributed to the anti-proliferative, anti-angiogenic,
pro-apoptotic and immune enhancing nature of T3. Neuroprotective ability
conferred by T3 in pre-clinical research has gained momentum and was further
explored as a novel approach in humans. Beyond their antioxidative nature, T3,
particularly α-T3, were found to induce neuroprotection at nanomolar
concentrations. In fact, the circulating plasma T3 were found to be 20 times
more than the required dose for neuroprotection.
Tocotrienols
aren’t commonly found in nature and when they are, they tend to occur at very
low levels. However, palm, rice bran, and barley oils contain tocotrienols, as
well as wheat germ and oats.
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Competitive
Landscape:
The research
report offers details about leading companies in the global Tocotrienol market
along with global position, financial standing, license agreement, products and
services portfolio and revenue contribution of each market player. Key players
in the market are focusing on adopting various strategies such as mergers and
acquisition, business expansion plans, new product launches, partnerships,
collaborations, joint ventures to enhance their product base and gain robust
footing in the market.
Market
Dynamics:
Increasing consumer
inclination towards functional, organic and probiotic-based food & drinks
is providing impetus to the growth of global food and beverage industry.
Various studies have come with health benefits associated with “ethnic” and
organic food products. These foods improve cardiovascular health, improves
arthritis, digestive issues, and other inflammatory conditions. Consumers are
gradually focusing on mindful eating and consuming food for health and
wellness. Changing eating and dietary patterns of consumers is prompting brand
owners and new entrants to introduce healthy foods options. Several clean-label
products have been introduced in the market and consumer curiosity for new
products is immense
Growing
middle class consumers with rising income in developing countries such as India
and China will boost food & beverage market growth. Moreover, increasing
consumer preference for procuring food and beverage items from online platforms
due to variety, cost and time-saving will foster market size through 2028.
Some of the Leading Market Players Are Listed Below:
· BASF,
· ExcelVite
Inc.,
· BTSA
Biotechnologías Aplicados SA,
· Eisai
Food & Chemical Co.Ltd.,
· Vance
Group Ltd,
· American
River Nutrition, Inc.
· Davos
Life Science Ltd.,
· SourceOne,
· Orochem,
· Sime
Darby Bioganic Sdn.
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Market Segmentation:
Tocotrienol Market Segmentation based on Outlook:
- Alpha
tocotrienol
- Beta
tocotrienol
- Gamma Tocotrienol
- Delta
tocotrienol
Tocotrienol
Market Segmentation
based on End Use Outlook:
- Dietary
supplement
- Pharmaceuticals
- Cosmetics
- Others
Tocotrienol Market Segmentation based on Application:
- Breast cancer
- Chronic
kidney disease or CKD
- Familial dysautonomia
- Hypertrophic
scars
- NAFLD
- Others
Tocotrienol Market Segmentation based on Regions:
·
North
America (U.S., Canada, Mexico)
·
Europe
(Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)
·
Asia
Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
·
Latin
America (Brazil, Rest of Latin America)
·
Middle
East & Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East &
Africa)
Key
Features of the global Tocotrienol Market:
·
The
report offers detailed estimations at the regional level with manufacturers,
consumption, sales and import/export dynamics.
·
The
report provides accurate details related of the manufacturers/vendors in the
market, company overview, pricing analysis, financial standing, product
portfolio, and gross profit of leading companies.
·
Company
profiling with prevalent expansion strategies, revenue generation, and recent
developments.
·
Optimum
strategic initiatives for new players in the market.
·
Manufacturing
processes, suppliers, cost, rates of production and consumption, transport mode
and cost structuring, and value chain analysis.
·
The
study also includes supply chain trends, including elaborate descriptions of
the latest technological development
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