Palm-Based Tocotrienol Market to Witness Astonishing Growth by 2029
Palm-based tocotrienol market is anticipated
to exhibit a significant CAGR of 7.2% during the forecast period. Palm oil is a
natural source of beta-carotene and tocotrienols (vitamin E). Researchers from
Malaysia and Libya had found that tocotrienol-rich fractions extracted from
palm oil can potentially be used to improve liver health. The increasing
awareness among consumers related to the benefits of palm-based tocotrienol is
a key factor driving the growth of the global palm-based tocotrienol market.
The trans-fat found in oils increases the risk of heart diseases. Hence, the US
Food and Drug Administration (FDA) and the World Health Organization (WHO) have
announced their plans to eliminate industrial trans-fats by 2020 and 2023,
respectively.
Palm oil is naturally free from
industrial trans-fatty acids and does not need to undergo hydrogenation to be
modified, unlike sunflower, rapeseed, and soybean oils. The palm oil’s ability
to be fractionated naturally and then recombined into other products without
hydrogenation is a massive advantage for the development of palm-based
tocotrienol. As per the journal of the International Conservation Charity
Zoological Society of London, the majority of palm oil companies are not
reporting basic information on how they are monitoring deforestation in either
their own or their suppliers’ operations. Therefore, critical environmental
impacts linked with palm oil related to deforestation practices may restrain
the growth of the palm-based tocotrienol market. The rising focus of end-user
companies in the development of products with palm-based tocotrienol as a key
ingredient is anticipated to offer a lucrative opportunity for the growth of
the global palm-based tocotrienol market.
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Tocotrienol Market: https://www.omrglobal.com/request-sample/palm-based-tocotrienol-market
Palm-Based Tocotrienol Market Segmentation
By End-User
·
Pharmaceuticals
·
Cosmetics
·
Dietary Supplements
A full Report of Palm-Based Tocotrienol Market is
Available @ https://www.omrglobal.com/industry-reports/palm-based-tocotrienol-market
Regional Analysis
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
Company
Profiles
·
A.C. Grace
·
American River Nutrition, Inc.
·
BASF SE
·
BiotechnologÃas Aplicados SA
·
Cayman Chemicals
·
Davos Life Science Ltd.
·
Eisai Food & Chemical Co. Ltd.
·
Excelvite Inc.
·
Golden Agri-Resources
·
Orochem Technologies Inc.
·
Palm Nutraceuticals SDN. BHD.
·
Parachem Fine & Specialty Chemicals
·
Sime Darby Bioganic SDN. BHD.
·
Sourceone
·
Supervitamins SDN. BHD.
·
Vance Group Ltd.
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