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

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

  • Submitted By: amyjames
  • Date Submitted: 08/05/2016 2:58 AM
  • Category: Business
  • Words: 1721
  • Page: 7

Transparency Market
Research

Mixed Tocopherol Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2016 - 2024

Published Date
29-07-2016

141 Page Report

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Press Release

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...

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