The global market for tocopheryl nicotinate is expected to grow at a significant CAGR during the forecast period (2021-2027). Tocopheryl nicotinate is a tocopherol-nicotinic acid ester. The esterified version of vitamin E (tocopherol) is sold commercially (alpha-tocopheryl acetate, alpha-tocopheryl succinate and alpha-tocopheryl nicotinate). Antioxidant and vasodilatory effects of alpha-tocopheryl nicotinate. It can be used as a gentle warming agent without the redness that nicotinic acid is known for. Tocopherol is authorised in Japan under the trade name Juvela N for the treatment of symptoms associated with hypertension, hyperlipidemia, and peripheral circulatory disruption caused by arteriosclerosis obliterans. Platelet aggregation is inhibited by tocopherol.
Natural components, such as vitamins and minerals, are included in an expanding number of skincare products now in the market to preserve healthy and beautiful skin. As a result, there is a huge need for tocopheryl nicotinate in cosmetics. This comprises skincare products that include tocopheryl nicotinate and provides UVA and UVB protection, such as sun protection SPF formulations. Thus, the increasing demand for tocopheryl nicotinate as skin conditioning agents is expected to drive market growth during the forecast period.
According to WHO, cardiovascular diseases (CVDs) remain the leading cause of mortality globally. CVDs claimed the lives of 17.9 million individuals globally in 2019, accounting for 32% of all fatalities. Heart attacks and strokes were responsible for 85% of these fatalities. Low- and middle-income nations account for about three-quarters of CVD fatalities. CVDs were responsible for 38% of the 17 million premature deaths (before the age of 70) caused by noncommunicable illnesses in 2019. Tocopheryl nicotinate is used as an anti-cholesterol to reduce the risks of cardiovascular disorders. Therefore the rising prevalence of CVDs is expected to drive the growth of the global tocopheryl nicotinate market.
Market Coverage
o By Product Type
o By Application
o By Distribution Channel
o North America
o Europe
o Asia-Pacific
o Rest of the world
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global Tocopheryl Nicotinate Market by Segments
By Product Type
By Application
By Distribution Channel
Global Tocopheryl Nicotinate Market by Region
North America
Europe
Asia-Pacific
Rest of the World
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