The overall health advantages provided by pantothenic acid to the human body are driving market expansion. Pantothenic acid is widely used to treat disorders such as asthma, digestive issues, allergies, and infections such as yeast infection, heart problems, and others. The relevance of pantothenic acid is that it boosts the body's metabolism and breaks down proteins, carbs, and lipids to create energy. A lack of pantothenic acid can result in a variety of issues, including weariness, depression, and respiratory infections. The lack of understanding about the health advantages of pantothenic acid in emerging economies, such as the majority of African nations, is projected to stymie market expansion throughout the projection period.
According to Coherent Market Insights, the global Pantothenic Acid Market is estimated to surpass US$ 750.7 million by the end of 2028 in terms of revenue, exhibiting a CAGR of 6.2% during the forecast period (2021 to 2028).
Key Companies in the Pantothenic Acid Industry:
1. Nutrina Co., Inc.
Zhengzhou Sigma Chemical Co., Ltd.
Zhejiang Jiuzhou Pharmaceutical Co., Ltd manufactures and sells active pharmaceutical ingredients (API) and intermediates in China and internationally. Zhejiang Jiuzhou Pharmaceutical Co., Ltd was founded in 1973 and is headquartered in Taizhou, China.
2. Foodchem International Corporation
Foodchem International Corporation is a worldwide supplier of high quality food additives, feed additives and other ingredients specializing in manufacturing and supplying of fine chemicals. The company was founded in 2006, headquartered in Shanghai China.
3. Koninklijke DSM N.V.
Koninklijke Philips N.V. operates as a health technology company in North America, the Greater China, and internationally. Koninklijke Philips N.V. was founded in 1891 and is headquartered in Amsterdam, the Netherlands.
4. NOW Health Group, Inc.
