Product Code: 28997
The Global Panthenol Market was valued at USD 128.54 Million in 2024 and is projected to reach USD 163.16 Million by 2030, expanding at a CAGR of 1.64% during the forecast period. This growth is driven by increasing consumer preference for natural and multifunctional ingredients, particularly in the personal care and cosmetics sectors. Renowned for its hydrating and skin-soothing properties, panthenol is widely used in skincare and haircare formulations, especially those focused on repair and moisturization. The shift toward clean-label and nature-based formulations has further accelerated its adoption. Moreover, the pharmaceutical industry benefits from panthenol's anti-inflammatory and wound-healing characteristics, positioning it as a key component in topical therapeutics.
Market Overview |
Forecast Period | 2026-2030 |
Market Size 2024 | USD 128.54 Million |
Market Size 2030 | USD 163.16 Million |
CAGR 2025-2030 | 1.64% |
Fastest Growing Segment | Direct |
Largest Market | Asia Pacific |
Despite its versatility, the market faces challenges from lower-cost substitutes and potential formulation issues when combined with certain ingredients, which may affect consistency and sensory properties. Nonetheless, panthenol continues to gain traction across personal care, pharmaceutical, and emerging functional food applications due to its safety, efficacy, and growing consumer awareness of ingredient transparency.
Key Market Drivers
Growth in Cosmetic Industry
The expanding global cosmetic industry is a major catalyst for the growing demand for panthenol. In 2023, the World Skin Health Day campaign expanded to 23 countries and reached over 8 million people, highlighting the growing consumer focus on dermatological health and hygiene. This rising awareness is contributing to the heightened demand for high-quality skincare and haircare products. Panthenol is a key ingredient in moisturizers, conditioners, serums, and shampoos due to its ability to retain moisture, soothe skin, and aid cell regeneration. Its inclusion in anti-aging and restorative formulations has significantly boosted its appeal among brands and consumers alike.
Key Market Challenges
Volatility in Raw Material Prices
One of the primary obstacles facing the global panthenol market is the volatility in prices of raw materials derived from petrochemical sources, such as isobutene and acetic acid. These fluctuations, driven by oil price trends, geopolitical factors, and supply chain disruptions, can increase production costs and affect profit margins. The unpredictable cost of inputs not only impacts manufacturing economics but also disrupts supply consistency and pricing stability, particularly in price-sensitive markets. Such unpredictability can lead to challenges in inventory planning, customer retention, and long-term supplier contracts.
Key Market Trends
Surge in Sustainable Production Practices
A key emerging trend in the panthenol market is the shift toward sustainable and bio-based production methods. In 2023, an efficient scale-up of biocatalytic processes for provitamin B5 esters was demonstrated using solvent-free, eutectic reaction systems. These approaches allow the esterification of panthenol with fatty acids in an environmentally friendly and scalable manner. Additionally, manufacturers are transitioning to renewable sources like corn for raw materials, reducing the environmental footprint of panthenol production. This aligns with the growing demand for green chemistry, clean beauty standards, and eco-friendly supply chains across cosmetics and personal care industries.
Key Market Players
- Anhui Huaheng Biotechnology Co., Ltd.
- Yifan Pharmaceutical Co., Ltd.
- Jiangxi Tongde Chemical Co., Ltd.
- Jinan Future Chemical Co., Ltd.
- BASF SE
- Tianjin YR Chemspec Technology Co., Ltd.
- dsm-firmenich
- Unilong Industry Co., Ltd.
- Brother Enterprises Holding Co., Ltd.
- TRI-K Industries, Inc.
Report Scope
In this report, the Global Panthenol Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Panthenol Market, By Sales Channel:
Panthenol Market, By End Use:
- Cosmetics & Personal Care
- Pharmaceuticals
- Food & Beverage
- Animal Nutrition
- Others
Panthenol Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Panthenol Market.
Available Customizations
Global Panthenol Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, and Trends
4. Impact of COVID-19 on Global Panthenol Market
5. Global Panthenol Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Sales Channel (Direct, Indirect)
- 5.2.2. By End Use (Cosmetics & Personal Care, Pharmaceuticals, Food & Beverage, Animal Nutrition, Others)
- 5.2.3. By Region
- 5.2.4. By Company (2024)
- 5.3. Market Map
6. North America Panthenol Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Sales Channel
- 6.2.2. By End Use
- 6.2.3. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Panthenol Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Sales Channel
- 6.3.1.2.2. By End Use
- 6.3.2. Mexico Panthenol Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Sales Channel
- 6.3.2.2.2. By End Use
- 6.3.3. Canada Panthenol Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Sales Channel
- 6.3.3.2.2. By End Use
7. Europe Panthenol Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Sales Channel
- 7.2.2. By End Use
- 7.2.3. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. France Panthenol Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Sales Channel
- 7.3.1.2.2. By End Use
- 7.3.2. Germany Panthenol Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Sales Channel
- 7.3.2.2.2. By End Use
- 7.3.3. United Kingdom Panthenol Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Sales Channel
- 7.3.3.2.2. By End Use
- 7.3.4. Italy Panthenol Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Sales Channel
- 7.3.4.2.2. By End Use
- 7.3.5. Spain Panthenol Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Sales Channel
- 7.3.5.2.2. By End Use
8. Asia Pacific Panthenol Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Sales Channel
- 8.2.2. By End Use
- 8.2.3. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Panthenol Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Sales Channel
- 8.3.1.2.2. By End Use
- 8.3.2. India Panthenol Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Sales Channel
- 8.3.2.2.2. By End Use
- 8.3.3. South Korea Panthenol Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Sales Channel
- 8.3.3.2.2. By End Use
- 8.3.4. Japan Panthenol Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Sales Channel
- 8.3.4.2.2. By End Use
- 8.3.5. Australia Panthenol Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Sales Channel
- 8.3.5.2.2. By End Use
9. South America Panthenol Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Sales Channel
- 9.2.2. By End Use
- 9.2.3. By Country
- 9.3. South America: Country Analysis
- 9.3.1. Brazil Panthenol Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Sales Channel
- 9.3.1.2.2. By End Use
- 9.3.2. Argentina Panthenol Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Sales Channel
- 9.3.2.2.2. By End Use
- 9.3.3. Colombia Panthenol Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Sales Channel
- 9.3.3.2.2. By End Use
10. Middle East and Africa Panthenol Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Sales Channel
- 10.2.2. By End Use
- 10.2.3. By Country
- 10.3. MEA: Country Analysis
- 10.3.1. South Africa Panthenol Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Sales Channel
- 10.3.1.2.2. By End Use
- 10.3.2. Saudi Arabia Panthenol Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Sales Channel
- 10.3.2.2.2. By End Use
- 10.3.3. UAE Panthenol Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Sales Channel
- 10.3.3.2.2. By End Use
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Panthenol Market: SWOT Analysis
14. Porters Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. Anhui Huaheng Biotechnology Co., Ltd.
- 15.1.1. Business Overview
- 15.1.2. Company Snapshot
- 15.1.3. Products & Services
- 15.1.4. Financials (As Reported)
- 15.1.5. Recent Developments
- 15.1.6. Key Personnel Details
- 15.1.7. SWOT Analysis
- 15.2. Yifan Pharmaceutical Co., Ltd.
- 15.3. Jiangxi Tongde Chemical Co., Ltd.
- 15.4. Jinan Future Chemical Co.,Ltd
- 15.5. BASF SE
- 15.6. Tianjin YR Chemspec Technology Co.,Ltd
- 15.7. dsm-firmenich
- 15.8. Unilong Industry Co., Ltd.
- 15.9. Brother Enterprises Holding Co., Ltd
- 15.10. TRI-K Industries, Inc.
16. Strategic Recommendations
17. About Us & Disclaimer