Calcium Pantothenate Market Share Projection, Application, and Region - Global Forecast to 2027

Rising health concerns associated with vitamin deficiency, lifestyle changes, and dietary habits are fueling market demand for Calcium Pantothenate.

Market Size: USD 236.7 million in 2019, Market Growth: CAGR of 4.2%, Market Trends: Increasing demand for skin care and hair care products including acne due to the increasing personal care concerns.

The global market for calcium pantothenate is estimated to augment from USD 236.7 million in 2019 to USD 331.5 million by 2027.

The calcium pantothenate market is expanding due to the rising demand for nutrients and dietary supplements and the increasing health problems such as gastrointestinal problems and impaired muscle coordination.

Additionally, the extensive adoption of vegan diet and demand for calcium pantothenate for nutraceuticals, dietary supplements, and food and beverage sectors.

Rapid development and increasing disposable income, rising cautiousness among people about health issues, coupled with changing lifestyle are the significant factors boosting the market for calcium pantothenate. The demand for calcium pantothenate is escalating due to increasing vitamin B5 deficiency cases among children and adults. Moreover, the rising prevalence of paranoia, memory loss, and depression is propelling the market demand.

Although sky-high prices and processing costs of calcium pantothenate may hamper the expansion of the calcium pantothenate market, the incorporation of advanced edge-cutting technologies will reduce the processing costs.

Existing market players and emerging players are integrating different techniques to augment the production volume and meet customer requirements by developing products at affordable prices.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/calcium-pantothenate-market

Key participants in the calcium pantothenate market:

• Shandong Hwatson Biochem
• Hebei Jingye Group
• Shandong Xinfa Pharmaceutical
• Zhenjiang Gaopeng Pharmaceutical Co. Ltd.
• Avnochem Limited
• Shandong Xinhua Pharmaceutical Co. Ltd.
• DSM
• BASF
• Alfa Aesar GmbH & Co KG.
• Yifan Pharmaceutical

For the purpose of this report, Reports and Data has segmented the Global Calcium Pantothenate Market on the basis of form, grade, sales channel, end-use vertical, and region:

Form Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)

• Tablets
• Liquid
• Powder
• Capsule

Grade Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)

• Pharmaceutical Grade
• Food Grade

Sales Channel Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)

• Offline Retail
• Online Retail

End-Use Vertical Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)

• Cosmetics & Personal Care
• Nutraceuticals & Animal Feed
• Pharmaceutical
• Food & Beverage
• Others

Regional Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)

• North America
• U.S
• Canada
• Europe
• Germany
• U.K
• France
• BENELUX
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Rest of APAC
• Latin America
• Brazil
• Rest of LATAM
• Middle East & Africa
• Saudi Arabia
• A.E.
• Rest of MEA

Further key findings:

• Based on product form, calcium pantothenate supplements in powder and tablet forms are usually preferred. The easy material packing and better shelf-life of tablets have increased the demand for tablets among the customers. The extensive utilization of powder by athletes and bodybuilders is fueling the market for these two product forms.
• Food grade items are safe for consumption and do not cause harm when they come in direct contact with the food products.
• Based on sales channel, the online retail sub-segment is expected to witness the highest CAGR of 7.6% due to the existence of various end-use products that can be bought at discounted rates in comparison with the regular retail prices. The advantages of e-commerce, such as cost-effectiveness and quick accessibility, are attracting more customers from developed as well as developing countries. Many sites have live chat options to solve customer queries.
• The Asia Pacific region is foreseen to witness the fastest growth during the projected period owing to the high demand for vegan nutrients in Nepal and India. This region is one of the leading contributors to the global calcium pantothenate and occupies a substantial market share. The rising awareness about healthy diets in India and China is expected to boost the calcium pantothenate market in this region. Government support for development initiatives will also drive the market in the APAC region.
• North America is predicted to expand at a CAGR of 4.7% from 2020 to 2027 due to high consumer-focus on dietary supplements and nutrients, particularly in Canada and the United Nations. The dominance of leading market players has increased the calcium pantothenate market penetration.
• The European region is expected to occupy a considerable market revenue of 18.6% by 2027. Germany, Spain, and United Kingdom are observing new consumers due to the high demand for nutraceuticals.

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