판테놀 시장 보고서 : 동향, 예측, 경쟁 분석(-2031년)

The future of the global panthenol market looks promising with opportunities in the animal feed, pharmaceuticals, cosmetics, and food & beverage markets. The global panthenol market is expected to grow with a CAGR of 4.1% from 2025 to 2031. The major drivers for this market are the rising demand for skincare products, the growing popularity of hair care, and the increase in consumer awareness of cosmetics.

• Lucintel forecasts that, within the type category, dexpanthenol is expected to witness higher growth over the forecast period.
• Within the application category, cosmetic is expected to witness the highest growth.
• In terms of region, APAC is expected to witness the highest growth over the forecast period.

Gain valuable insights for your business decisions with our comprehensive 150+ page report. Sample figures with some insights are shown below.

Emerging Trends in the Panthenol Market

The panthenol market is changing due to developments in consumer preference, regulatory policies, and technology. The emerging trends are an increased emphasis on sustainability, organic and natural ingredients, and multi-functional personal care products. Below, we discuss five major trends that are transforming the panthenol market.

• Increasing Demand for Natural and Organic Products: With more consumers looking for natural and organic personal care products, panthenol has become a sought-after ingredient. With its mild yet effective moisturizing and healing ability, panthenol meets the clean beauty trend. Panthenol finds application in formulations based on eco-friendly and plant-based ingredients, which makes it attractive to the green-concerned consumer. The trend toward natural ingredients is compelling manufacturers to incorporate more panthenol-based solutions in skin care, hair care, and even therapeutic offerings.
• Emphasis on Skin and Hair Well-being: With increasing interest in skin and hair well-being, panthenol has also been the center of attention for its capacity to enhance hydration and restore damaged skin and hair. Its humectant nature, which enables it to absorb water from the surrounding environment, makes it suitable for use in products for restoring dry skin and hair. With growing consciousness among consumers of the need for skin and hair care, the market for panthenol-based products, including shampoos, conditioners, lotions, and serums, keeps expanding.
• Growing Applications in Dermatological Therapies: Panthenol's image as an anti-inflammatory and healing product has seen its usage growth in dermatological therapies. It is widely used in creams, ointments, and lotions for the treatment of skin diseases, including eczema, psoriasis, and wounds. The increasing recognition of panthenol's value in dermatology is likely to increase its usage in medical-grade dermatology. This trend is positively contributing to the growth of the panthenol market in therapeutic and pharmaceutical applications, creating new dimensions for product innovation.
• Development in Panthenol Manufacturing Technology: Technological advancements in the production of panthenol have improved its quality and cost-effectiveness, making it more accessible to manufacturers and consumers alike. Advances in biotechnology and fermentation processes have allowed for more sustainable and scalable production methods. This progress has also led to improvements in the purity and consistency of panthenol, which is crucial for its effectiveness in personal care formulations. As technology in production improves, there is an anticipated boost in the supply of good-quality panthenol that will drive market growth.
• Product Personalization and Customization: With the emergence of customized beauty, panthenol is being utilized more and more in customizable hair and skincare products. The consumer is seeking a product customized to their particular needs, e.g., dry skin, sensitive skin, or damaged hair solutions. Panthenol, being a product with diverse properties, can be added to custom-formulated products and formulas, enabling brands to address specific issues efficiently. The movement towards personalization is likely to fuel demand for products that use panthenol, as customers look for more personalized skincare and hair care routines.

These upcoming trends reflect the increasing significance of panthenol within the personal care and dermatology markets. With consumers increasingly seeking natural and effective ingredients, panthenol's multifunctionality and documented benefits are fueling its use in a broad array of products. Process innovation in production techniques and the rising need for individualized solutions are also redrawing the Panthenol market, which will continue to grow in the years to come.

Recent Developments in the Panthenol Market

The panthenol market has experienced several key developments, spurred by innovations in ingredient sourcing, new product applications, and changing consumer preferences. Below are five major developments that have shaped the market in recent years.

• Improved Production Methods: Development in biotechnology and fermentation processes has enabled more efficient and sustainable ways of producing panthenol. The innovations have helped producers manage increasing demand while minimizing the cost of production. Efficient production has also enhanced the quality of panthenol in terms of consistency and purity, making it effective in personal care products. Sustainable production is a response to increasing demand for green ingredients, which has contributed to the expansion of the panthenol market.
• Expansion of Application in Dermatology: The increasing popularity of panthenol's medicinal properties has led to its wider application in dermatological therapy. Panthenol-containing products are being increasingly prescribed by dermatologists for dry skin, wounds, eczema, and other skin diseases. Consequently, the panthenol market is spreading from conventional cosmetics and personal care products to a broad variety of medical-grade skincare therapies. This trend is driving demand for panthenol-containing products in the pharmaceutical and healthcare industries.
• Use in Luxury and High-End Beauty Products: Panthenol is increasingly being added to premium and luxury beauty products because it has a high-end positioning as a mild, yet effective, and multi-functional ingredient. These are typically specialized anti-aging, hydrating, and sensitive skin care products. Luxury cosmetics containing panthenol are driving the ingredient's market size growth, especially in markets like North America and Europe, where consumers are willing to pay extra for quality.
• Rising Markets in Asia and Africa: The panthenol market is growing in emerging economies, especially Asia and Africa, where the demand for personal care items is increasing at a rapid pace. Growing disposable income, an expanding middle class, and improving awareness regarding skincare and hair care benefits are fueling the demand for panthenol-containing products in these markets. Domestic players are taking advantage of this trend by formulating panthenol-containing accessible beauty products, targeting a larger consumer base in these fast-developing countries.
• Regulatory Developments and Certification: Regulatory developments, including the clearance of new safety standards and certifications, are aiding the development of the panthenol market. Regulators in markets such as the EU and the US are implementing more stringent regulations for the application of cosmetic ingredients, securing the efficacy and safety of panthenol in personal care products. These regulatory measures are boosting consumer confidence in panthenol-containing formulations, especially in markets with high product safety standards.

The latest trends in the panthenol market are broadening its presence in both traditional and emerging economies. Better production techniques, greater use in dermatology, and greater use in luxury cosmetics are all adding to market expansion. These trends are opening up avenues for panthenol to become a global hot ingredient in the personal care and dermatology industry.

Strategic Growth Opportunities in the Panthenol Market

The panthenol market offers some growth prospects in various applications, ranging from cosmetics to dermatology. With consumers increasingly demanding safe, effective, and natural ingredients, panthenol is emerging as a core ingredient for product formulations. The following are five strategic growth prospects in the Panthenol market.

• Skincare Products: The increased consumer need for functional skincare products offers substantial opportunities for panthenol. With its moisturizing, anti-inflammatory, and healing effects, panthenol is perfectly suited for products aimed at dry, sensitive, and irritated skin. By adding panthenol to moisturizers, serums, and sunscreens, companies can support the rising need for hydration and protection of the skin.
• Hair Care Products: In hair care, panthenol is extensively utilized for its capacity to strengthen hair, enhance moisture retention, and improve shine. With the increased demand for hair care products that contribute to healthier and more manageable hair, panthenol offers an optimal solution. This opens opportunities for manufacturers to add panthenol to shampoos, conditioners, and styling products that respond to consumer requirements for smoother, shinier, and healthier hair.
• Dermatology and Medical Applications: The increasing need for dermatology products for skin diseases like eczema, acne, and psoriasis is a key opportunity for products based on panthenol. The known properties of the ingredient to calm and recover injured skin ensure that it is an important component of therapeutic skincare products. With greater awareness of the therapeutic potential of panthenol, its use in the medical skincare market will continue to increase.
• Personalized Beauty Products: With the growing shift towards personalized beauty, panthenol is being added to personalized skincare and hair care products. Panthenol's multi-functional properties can be useful in individualized products to address particular skin or hair issues. This new market for customized beauty products provides a huge opportunity for brands to make their products stand out by adding panthenol to personalized products.
• Green and Eco-friendly Products: With more environmentally aware consumers, there has been a greater demand for sustainable and eco-friendly ingredients in personal care products. Panthenol, being of natural origin, is well-suited to the clean beauty trend. This provides an opportunity for growth as brands develop ecologically friendly products that are aligned with consumer values, further making the market for panthenol grow.

These opportunities for growth underscore the growing importance of panthenol in dermatology, hair care, skincare, and bespoke beauty. With consumer trends continually shifting towards natural, effective, and eco-friendly products, panthenol is poised to take advantage of such trends and increase its market share.

Panthenol Market Driver and Challenges

The panthenol market is developing fast due to factors like technological advancements, high demand from consumers for natural products, and greater awareness of the health benefits of panthenol. Challenges like regulatory hurdles, high production expenses, and competition in the market, however, are influencing its development. Below are five drivers and three main challenges shaping the panthenol market.

The factors responsible for driving the panthenol market include:

1. Technological Advancements in Production: Technological progress in the manufacture of panthenol has greatly enhanced its efficiency and sustainability. Biotechnological innovations in fermentation and other processes have enabled the manufacture of panthenol at a lower cost while enhancing its quality. These innovations are enabling increased fulfillment of the increasing demand for panthenol for personal care and dermatology products.

2. Increased Demand for Natural Ingredients: Consumer tastes are moving towards organic, natural, and sustainable ingredients in personal care products. Panthenol, a natural ingredient, is being adopted more and more in beauty and skincare products because of its efficacy and skin benefits. Clean beauty products are increasingly in demand, and this is one of the major drivers for the panthenol market.

3. Rise in Awareness of Skin and Hair Health: As customer awareness of skin and hair well-being increases, they are increasingly looking for products that provide moisture, healing, and anti-ageing benefits. Panthenol's moisture and soothing abilities make it a sought-after ingredient in skin care and hair care products, further boosting demand for panthenol-based products.

4. Favorable Regulatory Environment: Regulatory authorities and governments across the globe are providing assistance to provide safety and quality for panthenol used in personal care products. The growing number of clear guidelines available and expedited approval procedures for safe cosmetic ingredients are fueling the growth of the panthenol market, especially in countries such as the US and Europe.

5. Growth of Personal Care Industry: Global growth in the personal care market, especially in developing countries, is fueling demand for ingredients such as panthenol. With increasing disposable incomes and awareness of skincare and hair care products among consumers, the market for panthenol is gaining a larger consumer base.

Challenges in the panthenol market are:

1. Regulatory Barriers: Though demand for panthenol increases, regulatory challenges are still an issue. Varying nations have different approval procedures for ingredients that can delay market entry. Harsher regulations in some areas, especially Asia and Africa, can create obstacles to expanding quickly.

2. High Production Costs: While panthenol is a naturally derived product, production costs can be expensive, especially in the case of premium-grade panthenol used in high-end beauty cosmetics. Such costs could curtail the use of panthenol-formulated products within cost-sensitive markets like developing nations.

3. Stiff Competition: The panthenol market is exposed to fierce competition from other ingredients and new substitutes. Businesses are continuously working to develop new formulations that can substitute for panthenol or provide the same advantages at reduced prices. This competition can influence the market share of panthenol, particularly in lower segments.

The panthenol market is driven by major drivers such as technological advancement, rising demand for natural ingredients, and growing personal care markets. Nonetheless, challenges such as regulatory issues, high production costs, and market competition may hinder growth. The overcoming of these challenges and utilization of the drivers will be essential to the ongoing growth of the panthenol market.

List of Panthenol Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies panthenol companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the panthenol companies profiled in this report include-

• Hangzhou Xinfu Science and Technology
• Kunshan Tongde Chemical
• Anhui Huaheng Biotechnology
• BASF
• TRI-K Industries

Panthenol Market by Segment

The study includes a forecast for the global panthenol market by type, source, application, and region.

Panthenol Market by Type [Value from 2019 to 2031]:

• Dexpanthenol
• D-pantothenyl Alcohol

Panthenol Market by Source [Value from 2019 to 2031]:

• Animal
• Plant

Panthenol Market by Region [Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Panthenol Market

The panthenol market has seen exponential growth over the last few years, fueled by its rising application in skincare, hair care, and cosmetics. As a major ingredient in personal care products, panthenol (provitamin B5) has gained popularity due to its moisturizing, calming, and healing qualities. Its adaptability over a broad spectrum of applications has created demand expansion in many parts of the world, such as the United States, China, Germany, India, and Japan. This report discusses current trends in the panthenol market, offering information on major progress in these nations and how it is influencing the international market.

• United States: In the US, the market for panthenol has registered consistent growth due to the increasing consumer demand for natural and effective ingredients in personal care products. Panthenol finds extensive application in skin care, hair care, and topical treatment due to its moisture-retaining properties and enhanced skin and hair health. Growing consumer perception of the advantages of panthenol, including the prevention of dryness of the skin and enhanced healing of wounds, has resulted in larger use of this ingredient in products. Competition from other ingredients and ingredient sourcing regulatory issues continue to be problems for this market.
• China: The Panthenol market in China is growing very fast as a result of increasing demand for personal care products, especially for skincare and hair care. The expanding middle class, combined with rising expenditure on beauty and well-being, is fueling demand for quality, effective cosmetic ingredients such as panthenol. Local and foreign firms are adding panthenol to their products, and the government is making investments in research to guarantee the safety and quality of cosmetics. Yet, difficulties in terms of market regulation as well as the heightened presence of counterfeit goods affect consumer confidence and safety within the region.
• Germany: Germany is an important contributor to the European panthenol market, with the nation renowned for its rigorous regulations on personal care products. Panthenol is used extensively in skincare as well as hair care products because it has well-documented effects as a moisturizer, repair agent, and soothing ingredient. The German market has witnessed increased demand for Panthenol-based organic and natural products, fueled by consumer demand for sustainable and effective ingredients. A robust regulatory environment in the country ensures product quality, although increased competition in the personal care market and the rising focus on green ingredients pose ongoing challenges.
• India: The application of panthenol in personal care products in India is increasing at a fast rate, fueled by the growing beauty and wellness market. Growing concerns regarding skin and hair well-being, combined with increased disposable incomes, are driving demand for panthenol-based products. Indian consumers are increasingly demanding hydration, repair, and skin protection in products, particularly in response to climate-induced skin and hair damage. Although local panthenol production is on the rise, the market is subject to the distribution of high-quality products and educating consumers about the advantages of panthenol. However, demand is likely to keep growing thanks to an expanding middle class and the popularity of international beauty trends.
• Japan: Panthenol is being broadly used in hair care and skincare products in Japan on account of its intensive moisturizing and anti-aging characteristics. There has been an expanding shopper interest in products promoting skin elasticity and an anti-aging look, with panthenol being a major ingredient in such products. Japan's established cosmetics and beauty industry is incorporating more natural elements, such as panthenol, in accordance with increasing demand for gentler, safer products. Nevertheless, there are difficulties in terms of the intense competition in the market, where companies must continuously innovate to keep consumers interested and remain competitive in an overcrowded market.

Features of the Global Panthenol Market

• Market Size Estimates: Panthenol market size estimation in terms of value ($B).
• Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
• Segmentation Analysis: Panthenol market size by type, source, application, and region in terms of value ($B).
• Regional Analysis: Panthenol market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different types, sources, applications, and regions for the panthenol market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape of the panthenol market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the panthenol market by type (dexpanthenol and d-pantothenyl alcohol), source (animal and plant), application (animal feed, pharmaceuticals, cosmetics, and food & beverage), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Panthenol Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: PESTLE Analysis
• 2.4: Patent Analysis
• 2.5: Regulatory Environment
• 2.6: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Panthenol Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Panthenol Market by Type
  • 3.3.1: DexPanthenol: Trends and Forecast (2019 to 2031)
  • 3.3.2: D-pantothenyl Alcohol: Trends and Forecast (2019 to 2031)
• 3.4: Global Panthenol Market by Source
  • 3.4.1: Animal: Trends and Forecast (2019 to 2031)
  • 3.4.2: Plant: Trends and Forecast (2019 to 2031)
• 3.5: Global Panthenol Market by Application
  • 3.5.1: Animal Feed: Trends and Forecast (2019 to 2031)
  • 3.5.2: Pharmaceuticals: Trends and Forecast (2019 to 2031)
  • 3.5.3: Cosmetics: Trends and Forecast (2019 to 2031)
  • 3.5.4: Food & Beverage: Trends and Forecast (2019 to 2031)

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Panthenol Market by Region
• 4.2: North American Panthenol Market
  • 4.2.1: North American Market by Type: Dexand D-pantothenyl Alcohol
  • 4.2.2: North American Market by Application: Animal Feed, Pharmaceuticals, Cosmetics, and Food & Beverage
  • 4.2.3: The United States Panthenol Market
  • 4.2.4: Mexican Panthenol Market
  • 4.2.5: Canadian Panthenol Market
• 4.3: European Panthenol Market
  • 4.3.1: European Market by Type: Dexand D-pantothenyl Alcohol
  • 4.3.2: European Market by Application: Animal Feed, Pharmaceuticals, Cosmetics, and Food & Beverage
  • 4.3.3: German Panthenol Market
  • 4.3.4: French Panthenol Market
  • 4.3.5: Spanish Panthenol Market
  • 4.3.6: Italian Panthenol Market
  • 4.3.7: The United Kingdom Panthenol Market
• 4.4: APAC Panthenol Market
  • 4.4.1: APAC Market by Type: Dexand D-pantothenyl Alcohol
  • 4.4.2: APAC Market by Application: Animal Feed, Pharmaceuticals, Cosmetics, and Food & Beverage
  • 4.4.3: Japanese Panthenol Market
  • 4.4.4: Indian Panthenol Market
  • 4.4.5: Chinese Panthenol Market
  • 4.4.6: South Korean Panthenol Market
  • 4.4.7: Indonesian Panthenol Market
• 4.5: ROW Panthenol Market
  • 4.5.1: ROW Market by Type: Dexand D-pantothenyl Alcohol
  • 4.5.2: ROW Market by Application: Animal Feed, Pharmaceuticals, Cosmetics, and Food & Beverage
  • 4.5.3: Middle Eastern Panthenol Market
  • 4.5.4: South American Panthenol Market
  • 4.5.5: African Panthenol Market

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis
  • Competitive Rivalry
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Threat of Substitutes
  • Threat of New Entrants

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Panthenol Market by Type
  • 6.1.2: Growth Opportunities for the Global Panthenol Market by Source
  • 6.1.3: Growth Opportunities for the Global Panthenol Market by Application
  • 6.1.4: Growth Opportunities for the Global Panthenol Market by Region
• 6.2: Emerging Trends in the Global Panthenol Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Panthenol Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Panthenol Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: Hangzhou Xinfu Science and Technology
  • Company Overview
  • Panthenol Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 7.2: Kunshan Tongde Chemical
  • Company Overview
  • Panthenol Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 7.3: Anhui Huaheng Biotechnology
  • Company Overview
  • Panthenol Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 7.4: BASF
  • Company Overview
  • Panthenol Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 7.5: TRI-K Industries
  • Company Overview
  • Panthenol Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing