Pantothenic Acid Market, By Form (Powder, Tablet, and Capsule), By Nature (Plants, Animals, and Others), By End-use Industry (Pharmaceuticals, Nutritional &Dietary Supplements, Animal Health & Nutrition, Infant Food & Supplements, and Food & Beverages), B

Pantothenic Acid Market, By Form (Powder, Tablet, and Capsule), By Nature (Plants, Animals, and Others), By End-use Industry (Pharmaceuticals, Nutritional &Dietary Supplements, Animal Health & Nutrition, Infant Food & Supplements, and Food & Beverages), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Pantothenic acid, also known as vitamin B5, is an essential nutrient required by the human body for various metabolic activities. It plays a vital role in the synthesis of coenzymes A and acetyl-Coa, which are involved in numerous reactions pertaining to lipid and carbohydrate metabolism. Pantothenic acid is widely distributed in both plant and animal foods such as liver, kidney, eggs, fish, broccoli, mushrooms, and sunflower seeds. Recent studies have indicated the potential benefits of pantothenic acid in reducing stress, anxiety, and fatigue. With growing awareness regarding the importance of micronutrients and expanding applications in nutraceuticals and animal feed, there has been huge demand for pantothenic acid in the near future.

Market Dynamics

Increasing consumption of dietary supplements, owing to health and wellness trends can drive the pantothenic acid market growth. Rising preference for natural ingredients in nutrition and personal care products also boosts demand for pantothenic acid. However, high availability of substitutes and easy accessibility of plant-based sources can hamper the market growth. Emerging innovations to improve bioavailability and ongoing R&D in new applications can offer opportunities for industry players. Rising cases of chronic diseases like diabetes, cardiovascular issues, and gastric problems boosts need for nutritional supplements containing pantothenic acid. However, high costs associated with R&D activities for new product formulations and presence of alternative synthetic vitamins can hamper the market expansion.

Key features of the study

• This report provides in-depth analysis of the global pantothenic acid market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global pantothenic acid market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Nutrina Co Inc., Zhengzhou Sigma Chemical Co. Ltd., Cayman Chemical, CHEM-BRIDGE Co. Ltd., Foodchem International Corporation, Koninklijke DSM N.V., RxList Inc., NOW Health Group Inc., BASF SE, and AccuStandard Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global pantothenic acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pantothenic acid market

Market Segmentation

• By Form Insights (Revenue, USD, 2019 - 2031)
• Powder
• Tablet
• Capsule
• By Nature Insights (Revenue, USD, 2019 - 2031)
• Plants
• Animals
• Others
• By End-use Industry Insights (Revenue, USD, 2019 - 2031)
• Pharmaceuticals
• Nutritional &Dietary Supplements
• Animal Health & Nutrition
• Infant Food & Supplements
• Food & Beverages
• By Regional Insights (Revenue, USD, 2019 - 2031)
• North America
• U.S.
• Canada
• Latin America
• Brazil
• Argentina
• Mexico
• Rest of Latin America
• Europe
• Germany
• U.K.
• Spain
• France
• Italy
• Russia
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East
• GCC Countries
• Israel
• Rest of Middle East
• Africa
• South Africa
• North Africa
• Central Africa
• Key Players Insights
• Nutrina Co Inc.
• Zhengzhou Sigma Chemical Co. Ltd.
• Cayman Chemical
• CHEM-BRIDGE Co. Ltd.
• Foodchem International Corporation
• Koninklijke DSM N.V.
• RxList Inc.
• NOW Health Group Inc.
• BASF SE
• AccuStandard Inc.