The mixed tocopherols market is projected to reach USD 5.27 Billion by 2022, at a CAGR of 5.4% from 2016. Mixed tocopherols have a significant impact on the industries such as food & beverage, feed manufacturing, cosmetics, pharmaceutical, and dietary supplements; this has led to their high demand across the globe.

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The global market, based on source, has been segmented into soybean oil, rapeseed oil, sunflower oil, corn oil, and others (wheat germ, alfalfa, lettuce, and nuts & seeds). The soybean oil segment accounted for the largest market share in 2015. This source has a variety of applications in different industries such as food & beverages, bakery, and industrial frying purposes.

The global market, based on application, has been segmented into food & beverages, feed, dietary supplements, pharmaceuticals, and cosmetics. The feed industry was the most dominant in 2015 followed by dietary supplements. The cosmetics industry showed the highest growth rate. The increase in cases of chronic diseases has driven the demand for mixed tocopherols in major application segments such as dietary supplements and pharmaceuticals.

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The mixed tocopherols market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. Key drivers for the growth of this market include increase in disposable incomes, growth in demand from developing, populous countries such as China, Japan, South Korea, and India, and the shift of global population to healthy and natural nutrients and vitamins.

Despite numerous advantages of mixed tocopherolss, consumers are reluctant to use them over traditional products due to the high prices of natural mixed tocopherols over their artificial counterparts.

The mixed tocopherols market is highly competitive due to the presence of a number of large and small-scale firms. Acquisitions and expansions were the key strategies adopted by these players to ensure their growth in the market from 2011 to 2016. The market was dominated by players such as BASF SE (Germany), DSM N.V. (Netherlands), Archer Daniels Midland Company (U.S.), Nutralliance (U.S.). Vitae Caps (Spain), Sigma-Aldrich Co. LLC. (U.S.) and Cargill, Incorporated (U.S.)