Pantothenic acid is also known as vitamin B5 and is a water-soluble vitamin that is a precursor in the synthesis of coenzyme A. Pantothenic acid is essential to various biochemical reactions that sustain life. Moreover, the phosphopantetheinyl moiety of coenzyme A is required for the biological activity of several proteins including the acyl-carrier protein involved in fatty acid synthesis. It is ubiquitously found in foods of plant and animal origin, and dietary deficiency is very rare
Market Dynamics
The demand for pantothenic acid is growing rapidly due to growing usage of pantothenic acid in the various applications. In addition to playing a role in the breakdown of fats and carbohydrates for energy, vitamin B5 is critical to the manufacturing of red blood cells, as well as sex and stress-related hormones produced in the adrenal glands, small glands that sit atop the kidneys. Vitamin B5 is also important in maintaining a healthy digestive tract, and it helps the body use other vitamins, particularly B2 (also called riboflavin).
However, various factors such as lack of awareness regarding pantothenic acid, and dearth of universal directives pertaining to applications of pantothenic acid are expected to restrain the pantothenic acid market growth. Moreover, the potential for side effects and interactions of pantothenic acid with medications, it should be taken only under the supervision of a knowledgeable health care provider.
Major players operating in the global pantothenic acid market are adopting various organic and inorganic growth strategies such as expansion, joint venture, collaboration, strategic alliances, new product launches, and others to increase their global reach and business operations. For instance, on July 27, 2021, Koninklijke DSM N.V a global science-based company in Nutrition, Health and Sustainable Living, acquired Midori USA, Inc. (Midori), a biotechnology start-up with a novel precision platform developing breakthrough targeted eubiotics that improve the health and environmental impact of animals. DSM already owns 38.5% of the shares of Midori and has acquired the remaining 61.5% for a consideration of US$ 63 Million.
Key features of the study:
- This report provides in-depth analysis of the global pantothenic acid market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, 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 overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Nutrina Co., Inc., Zhengzhou Sigma Chemical Co., Ltd., Watson Inc., Cayman Chemical, CHEM-BRIDGE Co., Ltd, Foodchem International Corporation, Koninklijke DSM N.V., RxList Inc., NOW Health Group, Inc., BASF SE, AccuStandard Inc., Merck KGaA, Toronto Research Chemicals, AcerChem International Inc., and Zhejiang Hangzhou Xinfu Pharmaceutical Co., Ltd.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
- The global pantothenic acid market report caters to various stakeholders in this industry including investors, suppliers, pantothenic acid 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
Detailed Segmentation:
- Global Pantothenic Acid Market, By Form:
- Global Pantothenic Acid Market, By Source:
- Plants
- Animals
- Dairy Products
- Global Pantothenic Acid Market, By Nature:
- Global Pantothenic Acid Market, By End Use:
- Pharmaceuticals
- Nutritional & Dietary Supplements
- Animal Health & Nutrition
- Infant Food & Supplements
- Food & Beverages
- Global Pantothenic Acid Market, By Region:
- North America
- By Form:
- By Source:
- Plants
- Animals
- Dairy Products
- By Nature:
- By End Use:
- Pharmaceuticals
- Nutritional & Dietary Supplements
- Animal Health & Nutrition
- Infant Food & Supplements
- Food & Beverages
- By Country:
- Latin America
- By Form:
- By Source:
- Plants
- Animals
- Dairy Products
- By Nature:
- By End Use:
- Pharmaceuticals
- Nutritional & Dietary Supplements
- Animal Health & Nutrition
- Infant Food & Supplements
- Food & Beverages
- By Country:
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- By Form:
- By Source:
- Plants
- Animals
- Dairy Products
- By Nature:
- By End Use:
- Pharmaceuticals
- Nutritional & Dietary Supplements
- Animal Health & Nutrition
- Infant Food & Supplements
- Food & Beverages
- By Country:
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Form:
- By Source:
- Plants
- Animals
- Dairy Products
- By Nature:
- By End Use:
- Pharmaceuticals
- Nutritional & Dietary Supplements
- Animal Health & Nutrition
- Infant Food & Supplements
- Food & Beverages
- By Country:
- China
- India
- Japan
- ASEAN
- South Korea
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- By Form:
- By Source:
- Plants
- Animals
- Dairy Products
- By Nature:
- By End Use:
- Pharmaceuticals
- Nutritional & Dietary Supplements
- Animal Health & Nutrition
- Infant Food & Supplements
- Food & Beverages
- By Sub-region:
- Company Profiles
- Nutrina Co., Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Zhengzhou Sigma Chemical Co., Ltd.
- Watson Inc.
- Cayman Chemical
- CHEM-BRIDGE Co., Ltd.
- Foodchem International Corporation
- Koninklijke DSM N.V.
- RxList Inc.
- NOW Health Group, Inc.
- BASF SE
- AccuStandard Inc.
- Merck KGaA
- Toronto Research Chemicals
- AcerChem International Inc.
- Zhejiang Hangzhou Xinfu Pharmaceutical Co., Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
