Global Panthenol Market, By Source (Animal and Plant), Type (Dexpanthenol and D-pantothenyl alcohol), Form (Powder, Liquid and Others), End Users (Food and Beverage Industry, Cosmetics, Personal Care Products, Pharmaceuticals, Animal Feed and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of the Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights: Global Panthenol Market
The panthenol market is expected to witness market growth at a rate of 4.4% in the forecast period of 2022 to 2029 and is expected to reach USD 0.14 billion by 2029. Data Bridge Market Research report on panthenol market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the utilization of panthenol for manufacturing pharmaceuticals due to its properties like anti-inflammatory, wound healing, skin barrier repair is escalating the growth of panthenol market.
Panthenol is referred to as a pantothenic acid chemical substance, which is also called as vitamin B5. It occurs organically and can also be created from plant and animal sources. Panthenol is broadly used as a moisturizer in cosmetics and personal care products. Panthenol is a forerunner to vitamin B5 and can be utilized to combat vitamin B5 deficiency. A substantial number of the population lacks adequate vitamins and nutrients to support their body's functioning.
Major factors that are expected to boost the growth of the panthenol market in the forecast period are increase in the need for panthenol in different food products that are needed to create B5 additions and the growing in processed food business and feed products for animals. Furthermore, the rise in the health and wellness awareness population is further anticipated to propel the growth of the panthenol market. Moreover, the rising nutrient deficiency among the population and increase in the concern regarding animal welfare and nutrition is further estimated to cushion the growth of the panthenol market. On the other hand, the environmental concerns regarding the usage and production of panthenol is further projected to impede the growth of the panthenol market in the timeline period.
- In addition, the growing usage of panthenol in the cosmetic industry for the manufacture of products such as mascara, foundation, lipsticks, and other formulations will further provide potential opportunities for the growth of the panthenol market in the coming years. However, the variation in the raw material prices might further challenge the growth of the panthenol market in the near future.
This panthenol market report provide details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on panthenol market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Panthenol Market Scope and Market Size
The panthenol market is segmented on the basis of source, type, form and end users. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source, the panthenol market is segmented into animal and plant.
- On the basis of type, the panthenol market is segmented into Dexpanthenol and D-pantothenyl alcohol.
- On the basis of form, the panthenol market are segmented into powder, liquid and others.
- On the basis of end users, the panthenol market can be segmented into food and beverage industry, cosmetics, personal care products, pharmaceuticals, animal feed and others.
Panthenol Market Country Level Analysis
The panthenol market is analyzed, and market size, volume information is provided by country, source, type, form and end users as referenced above.
The countries covered in the panthenol market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
Asia-Pacific dominates the panthenol market due to the rise in the need for personal care products, cosmetics, and pharmaceuticals. Furthermore, the increasing need for products, including Panthenol-based body moisturizing lotions, sunscreen lotions & creams, and make-up products for men and women and the growing processed food industry, nutrition products, and animal feed products will further boost the growth of the panthenol market in the region during the forecast period.
The country section of the panthenol market report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Panthenol Market Share Analysis
The panthenol market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to panthenol market.
Some of the major players operating in the panthenol market are BASF SE, DSM, Yifan Pharmaceuticals Co.,Ltd, Xinfa Pharmaceutical, Jeen International Corporation, CROMA PHARMA Gmbh, TRi-K Industries Inc, Kunshan Tongde Chemical Industry Co., Ltd., NS Chemicals, Merck KGaA and RITA Corporation among others.
