(MENAFN- America News Hour) Research Nester published a report titled
“DL-Panthenol Market: Global Demand Analysis & Opportunity Outlook 2031”
which delivers detailed overview of theglobalDL-panthenol market in terms of market segmentation by product, application, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global
dl-panthenol market
is estimated to occupy a large amount of revenue by growing at a notable CAGRduring the forecast period, i.e., 2022 – 2031, ascribing to the increasing demand for 'value-added' cosmetic ingredients, and rising usage of the chemical in the food & beverages industry resulting from its high nutritional value. Along with these, growing demand for dietary supplements and fortified food products around the world, and escalating spending on premium food and cosmetic items are also expected to drive the growth of the market in the forthcoming years.
The market is segmented by product and application. Based on product, the medical grade segment is anticipated to acquire the largest share during the forecast period in view of the rising use of the product in makeup, skincare and haircare products. Additionally, by application, the cosmetics segment is projected to grab the largest share over the forecast period attributing to the growing use of DL-panthenol in skincare, hair care and makeup products as a result of its nourishing and moisturizing effect.
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Geographically, the global DL-panthenol market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. Asia Pacific is evaluated to acquire the largest share in the market during the forecast period attributing to the rising purchasing power of consumers, and upsurge in customer base of premium products in the region. Moreover, the market in Europe is also assessed to acquire a significant share over the forecast period on the back of the rapidly expanding cosmetics and personal care industry, and presence of major market players in the region.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players' competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Rising Demand for 'Value-Added' Cosmetic Ingredients Globally to Bolster Market Growth
Over the last few years, the demand for 'value-added' cosmetic ingredients across the globe has observed a notable hike. This can be credited to the rise in requirement of consumers for cosmetic products that help improve skin's hydration, elasticity, and smooth appearance, and doesn't irritate the skin, which in turn is anticipated to drive robust growth to the market in the future.
However, low price of alternatives in place of DL-panthenol is expected to operate as key restraint to the growth of the global DL-panthenol market over the forecast period.
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This report also provides the existing competitive scenario of some of the key players of the global DL-panthenol market which includes company profiling of BASF SE, Xinfa Pharmaceutical Co. Ltd., Koninklijke DSM N.V., RITA Corporation, Jeen International, Kunshan Tongde Chemical Inc., TRI-K Industries, Anhui Huaheng Biotechnology Co., Ltd., Chemist Confessions, Inc., Tianjin YR Chemspec Technology Co., Ltd, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global DL-panthenol market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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