The Global Calcium Pantothenate (Vitamin B5) Market is projected to reach USD 331.5 million by 2027. The market is fueled by the rising health consciousness among the consumers, and a significant increase in the vegan population has increased the deficiency of certain vitamins, such as Calcium Pantothenate. The deficiency of vitamin B5 among children & adults is driving the demand for the product in calcium pantothenate market. A deficiency in the key vitamin can cause severe symptoms, including nerve damage, acne, skin problems, fatigue, neurological problems, and digestive issues, like depression and memory loss. Therefore, many people turn to consuming vitamin B5 supplements to help meet their needs and prevent a deficiency.
Pantothenic acid, pantothenic acid for skin, pantothenic acid for hair, pantothenic acid for acne, pantothenic acid foods, pantothenic acid deficiency, pantothenic acid B5, to name a few are the hugely demanding topics and factors the end-users are concerned about and have been influencing the market growth in many ways, have been additionally discussed in details in the report. Leading and growing players in the market that have been investing an extensive amount in the research & development in such corresponding factors have observed enormous growth in their business.
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Further key findings from the report suggest
- Powder & tablet are some of the most commonly used types of pantothenate supplement due to the cost-effectiveness and easy packaging techniques. Tablets are highly preferred by consumers owing to their easy material packing and extended shelf life.
- Food grade materials are either safe for human consumption or it fine to come into direct contact with food products. Food contact surfaces are made of food-safe materials that are designed to withstand the environment in which they will be used. This includes exposure to sanitizing agents, cleaning compounds, and cleaning procedures.
- Growing awareness about the significance of a healthy diet in countries such as India and China is expected to drive the calcium pantothenate market in the region. The upcoming retail sector in emerging nations suach as Indonesia, Malaysia, China, and India are propelling the market in the region. Support from the government to promote development initiatives is also expected to drive the calcium pantothenate market in the upcoming years.
- One of the primary driver for the online retailing of the calcium pantothenate market is the better online proliferation and targeted marketing. This has increased the ease and comfort of consumers buying online. Online sites are dedicated to products appropriate for the 50+ demographic to shop for by need. Many sites now have live chat options to instantly help out the customers with their specific questions.
- Advancement in manufacturing techniques, a higher availability of the resources for the manufacturing units, dexterous processing technique, higher production capacity, increased consumers, and favorable business models of export & import, the Asia Pacific developing countries have been in trend for the raw material and chemical products outsourcing.
Competitive Outlook of the Global Calcium Pantothenate Market
The globla Calcium Pantothenate market study focuses on the revenue growth trajectories of the leading companies in this market. This section of the report throws light on the highly competitive landscape of the Calcium Pantothenate market, pointing out the major players. The report further discusses the strategic initiatives undertaken by each of these market players, including mergers & acquisitions, collaborations, joint ventures, new product launches, new business deals, and technological innovations.
Top Companies Profiled in the Report:
Yifan Pharmaceutical, Zhenjiang Gaopeng Pharmaceutical Co. Ltd., Shandong Hwatson Biochem, Shandong Xinfa Pharmaceutical, DSM, BASF, Alfa Aesar GmbH & Co KG., Shandong Xinhua Pharmaceutical Co. Ltd., Hebei Jingye Group, and Avnochem Limited, among others, among others dealing in the Calcium Pantothenate market.
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The report is inclusive of product type outlook, application spectrum, end-use outlook, technology landscape, regional market analysis, and competitive overview.
Calcium Pantothenate Market Segmentation:
Form Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)
Grade Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)
- Food Grade
- Pharmaceutical Grade
Sales Channel Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)
- Online Retails
- Offline Retails
End-Use Verticals Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)
- Nutraceuticals & Animal Feed
- Food & Beverage
- Cosmetics & Personal Care
Geographic Segment Covered in the Report:
The Calcium Pantothenate report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America (USA and Canada)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
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