The global D Calcium Pantothenate (Vit B5) market reached a value of about USD 253.00 million in 2021. The industry is projected to grow at a CAGR of around 4.80% in the forecast period of 2022-2027 to reach a value of about USD 335.00 million by 2027.
The global D Calcium Pantothenate (Vit B5) industry report comprehensively analyses the sector, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. Vitamin B5 finds extensive application in various sectors such as animal feed, pharmaceuticals, cosmetics, and dietary supplements, which is driving the industry's expansion. In the industry report, the critical demand indicator is the highest category spender by region—Asia Pacific (China).
Pantothenic acid, generally known as vitamin B5, is a water-soluble B vitamin required for good health. Everyone needs pantothenic acid to manufacture coenzyme A (CoA), which is necessary for fatty acid metabolism and synthesising and metabolising proteins, carbs, and lipids in general. It aids in memory function, skin health, and stamina in humans is essential for the proper functioning of the neurological system. Calcium D-pantothenate, which is commercially available, is synthesised. It is typically utilised in animal feed, medicines, cosmetics, and nutritional supplements and is offered in vitamin B5 supplements due to its functional advantages. The D Calcium Pantothenate (Vit B5) industry report comprises segments by application (Dietary Supplement, Food and Beverage Industry, Infant Nutrition, Nutraceuticals and Pharmaceuticals, Animal Feed, Others) and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).
Based on region, China is the largest producer of D Calcium Pantothenate. The cost of raw materials for Vitamin B5 has risen for Chinese manufacturers. As a result, the global price of Calpin has increased by 8.7% since the start of 2021. The wide range of health benefits that the vitamin offers, such as overall growth of the body and minimised risk of potential health conditions that can occur from the deficiency of the same, is primarily leading the market's growth. Furthermore, the product finds application in various products like infant nutrition, animal feed, and other wellness products are contributing to the market's expansion. Other factors impacting the market positively are growing health concerns among consumers, rising disposable incomes and increased spending on supplement products.
Other replacements are the critical limitation in the pantothenic acid market. Furthermore, the movement in customer preferences from synthetic to organic and natural foods impedes the market's overall growth.
The global D Calcium Pantothenate (Vit B5) industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global D Calcium Pantothenate (Vit B5) regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
Bacteria make pantothenic acid from the amino acids’ aspartate and a precursor to valine. The amino acid aspartate is transformed into the amino acid -alanine. The amino group of valines is replaced by a keto-moiety to produce -ketoisovalerate, which subsequently makes -ketopantoate when a methyl group is transferred, and finally D-pantoate (also known as pantoic acid) after reduction. Later, the -alanine and pantoic acid are combined to generate pantothenic acid. For men and women aged 19 and above, the Recommended Dietary Allowance (RDA) is 5 mg per day. The dose increases to 6 mg and 7 mg daily during pregnancy and lactation, respectively.
Due to its protein, carbohydrate, and fat metabolism functions, calcium pantothenate is vital for all significant cattle and pet species. Pigs and poultry require vitamin supplementation in their feed. In addition, it is also an essential component in improving the overall appearance of skin which is increasing its popularity. Due to hectic lifestyles, consumers lack proper nutritional values, resulting in an increased demand for dietary supplements.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
As a result of rising health issues and allergies caused by vitamin b5 deficiency, producers in the pantothenic acid market have several chances worldwide. The key players have a lot of room to develop in the market because the total intake of vitamins from everyday food sources is declining. As a result of decreasing vitamin intake, producers in fast-paced and industrialised nations such as the United States, Canada, the United Kingdom, Germany, and others have enormous potential. There has been a noticeable increase in the number of health and diet-conscious individuals worldwide, which provides significant prospects for pantothenic acid market participants.
1. Executive Summary
2. D-Calcium Pantothenate Market Snapshot
2.1. D-Calcium Pantothenate Market Outlook
2.2. D-Calcium Pantothenate Category Analysis, by Type
2.2.1. Food Grade
2.2.2. Pharmaceutical Grade
2.3. D-Calcium Pantothenate Category Analysis, by End-Use
2.3.1. Personal Care & Cosmetics
2.3.3. Nutraceuticals and Animal Feed
2.3.4. Food and Beverages
2.4. Regional Overview
2.4.1. North America
2.4.3. Asia Pacific
3. Impact of Recent Events
4. D-Calcium Pantothenate Value Chain Analysis
5. Trade Analysis
6. Major Risk Factors in Sourcing
7. D-Calcium Pantothenate Cost Structure
8. D-Calcium Pantothenate Price Analysis
9. Key Demand Indicator Analysis
10. Key Price Indicator Analysis
11. D-Calcium Pantothenate Market Dynamics
11.1. Drivers & Constraints
11.2. Industry Events
11.3. Innovations & Trends
11.4. SWOT Analysis
11.5. Porter’s Five Forces
11.5.1. Buyer Power
11.5.2. Supplier Power
11.5.3. Threat of New entrants
11.5.4. Threat of Substitutes
11.5.5. Industry Rivalry
12. Industry Best Practices
12.1. Sourcing Strategy
12.2. Procurement Model
12.3. Contract Structure
12.4. Negotiation Levers
12.5. Pricing Model
12.6. Key Factors Influencing the Quotation
13. Key Supplier Analysis
13.1. BASF SE
13.2. Shandong Xinhua Pharmaceutical Co. Ltd
13.3. Alfa Aesar GmbH & Co KG
13.4. Hebei Jingye Group
The global Vitamin B5 market size was valued at USD 253.00 million in 2021.
As per the applications provided, the nutritional supplement segment is anticipated to lead the market between the period 2022 – 2027.
The significant demand for health and wellness products to meet the daily nutrient requirement is one of the essential drivers of the market growth.
Some of the key players in the market are Yifan Pharmaceutical Co., Ltd., DSM Nutritional Products Europe Ltd, Xinfa Pharmaceutical Industry Limited Company, BASF, Zhejiang Hangzhou Xinfu Pharmaceutical Co., Ltd.
The Asia Pacific region (China) of the industry holds a significant share in the market.
The global Vitamin B5 market attained a value of USD 253.00 million, driven by the rising prevalence of health and wellness supplements among consumers. The vast range of health advantages that the vitamin provides, such as general body growth and reduced risk of various health disorders that might emerge due to a deficiency, mainly drives the market's expansion. Furthermore, the product's use in multiple products such as infant nutrition, animal feed, and other wellness products fuel the market's growth. Growing consumer health concerns, rising disposable incomes, and higher supplement expenditure are all aspects that positively affect the industry. The market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 4.80%. The market is projected to reach USD 335.00 million by 2027.
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