Vitamin E Producers and Vitamin E Market Trend

Vitamin E is a fat-soluble vitamin with free radical scavenging, anti-cancer, anti-cardiovascular disease, immunity-boosting and anti-aging effects. Its hydrolysis product is tocopherol, which is one of the most important antioxidants. Vitamin E is divided into natural vitamin E and synthetic vitamin E. Natural vitamin E is mainly found in seeds of oil crops and vegetable oils such as soybean oil, corn oil and canola oil. Synthetic vitamin E is usually obtained by the alkylation-condensation reaction of 2,3,5-trimethylhydroquinone (TMHQ) and isophytol (IP).

The global vitamin E market size was 70,000 tons in 2017, growing to 83,000 tons in 2022, with a CAGR of 3.5% from 2017 to 2022. The global vitamin E market size is expected to grow to 95,000 tons in 2027, with a CAGR of 2.7% from 2022 to 2027.
Due to strict environmental policy in China, the smaller vitamin E producers are being eliminated. Now the global production capacity is concentrated in the six suppliers: Nenter, Zhejiang Medicine, Zhejiang NHU, DSM, BASF, Jilin Beisha.

Vitamin E is one of the largest vitamins, and it is widely used in the feed, pharmaceutical, cosmetic and food industry. The feed industry accounts for 67.2% market share.