• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    Panthenol Market

    ID: MRFR/CnM/26850-HCR
    111 Pages
    Chitranshi Jaiswal
    October 2025

    Panthenol Market Research Report By Application (Personal Care, Pharmaceuticals, Food and Beverage, Industrial), By Grade (Cosmetic Grade, Pharmaceutical Grade, Technical Grade), By Form (Liquid, Powder, Paste), By Source (Chemical Synthesis, Plant Extraction), By End Use Industry (Skincare, Haircare, Cosmetics, Pharmaceuticals, Food) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Panthenol Market Infographic
    Purchase Options

    Panthenol Market Summary

    The Global Panthenol Market is projected to grow from 1.61 USD Billion in 2024 to 2.98 USD Billion by 2035, indicating a robust growth trajectory.

    Key Market Trends & Highlights

    Panthenol Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 5.73% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 2.97 USD Billion, reflecting increasing demand.
    • in 2024, the market is valued at 1.61 USD Billion, showcasing a solid foundation for future growth.
    • Growing adoption of personal care products due to rising consumer awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 1.61 (USD Billion)
    2035 Market Size 2.98 (USD Billion)
    CAGR (2025-2035) 5.75%

    Major Players

    BASF, Evonik, Lonza Group, DSM, Merck, AkzoNobel, Clariant, LANXESS, Croda International, Ashland, Solvay, Huntsman Corporation, The Lubrizol Corporation, Eastman Chemical Company, Kao Corporation

    Panthenol Market Trends

    Rising consumer demand for skincare and haircare products containing natural and gentle ingredients is a primary driver of the panthenol market. Increased awareness of the benefits of panthenol for skin health, hair growth, and wound healing is fueling its popularity.

    Moreover, the growing trend towards personalized skincare and haircare products creates opportunities for tailored formulations that include panthenol.

    The increasing use of panthenol in oral care products presents significant growth potential. Its ability to soothe oral mucosal irritation and promote gum health holds promise for addressing oral health concerns. Additionally, the development of innovative delivery systems for panthenol, such as nanotechnology, could enhance its efficacy and extend its applications.

    Furthermore, the growing popularity of animal-free testing methods is driving the development of alternative testing strategies for panthenol and its formulations.

    The global demand for panthenol is anticipated to rise as consumers increasingly seek products that enhance skin and hair health, reflecting a broader trend towards natural and multifunctional ingredients in personal care formulations.

    U.S. Department of Agriculture (USDA)

    Panthenol Market Drivers

    Market Growth Projections

    The Global Panthenol Market Industry is poised for substantial growth, with projections indicating a rise from 1.61 USD Billion in 2024 to 2.97 USD Billion by 2035. This trajectory suggests a compound annual growth rate of 5.73% from 2025 to 2035, reflecting the increasing adoption of Panthenol across various applications. The growth is driven by factors such as rising consumer demand for natural ingredients, technological advancements in production, and expanding applications in cosmetics and nutraceuticals. This upward trend highlights the potential for innovation and diversification within the market, as stakeholders seek to capitalize on emerging opportunities.

    Consumer Awareness and Education

    Consumer awareness and education regarding the benefits of Panthenol are pivotal for the Global Panthenol Market Industry. As consumers become more informed about ingredient functionalities, they are increasingly seeking products that contain Panthenol for its moisturizing and healing properties. This heightened awareness is driving demand across various sectors, including cosmetics, personal care, and nutraceuticals. Brands that effectively communicate the advantages of Panthenol are likely to capture a larger market share. The ongoing trend towards transparency in ingredient sourcing and formulation is expected to further enhance consumer trust, thereby fostering market growth in the coming years.

    Growth in Nutraceutical Applications

    The Global Panthenol Market Industry is witnessing an expansion into nutraceutical applications, where Panthenol is recognized for its health benefits. As dietary supplements gain popularity, Panthenol's role as a functional ingredient is becoming more prominent. It is often included in formulations aimed at improving skin health and overall wellness. This trend aligns with the increasing consumer focus on holistic health solutions. The anticipated growth in this segment could contribute to the market's overall expansion, with projections indicating a rise to 2.97 USD Billion by 2035. This suggests a significant opportunity for manufacturers to innovate and diversify their product offerings.

    Technological Advancements in Production

    Technological advancements in the production of Panthenol are playing a crucial role in the Global Panthenol Market Industry. Innovations in synthesis and extraction methods enhance yield and reduce costs, making Panthenol more accessible to manufacturers. These advancements not only improve the efficiency of production processes but also ensure higher purity levels, which are essential for consumer safety and product efficacy. As production becomes more streamlined, the market is expected to benefit from increased supply and reduced prices, potentially driving growth rates. This could lead to a compound annual growth rate of 5.73% from 2025 to 2035, indicating a robust future for the industry.

    Regulatory Support for Cosmetic Ingredients

    Regulatory support for cosmetic ingredients is a significant driver for the Global Panthenol Market Industry. Governments and regulatory bodies are increasingly recognizing the safety and efficacy of Panthenol, leading to favorable regulations that promote its use in various formulations. This support not only enhances consumer confidence but also encourages manufacturers to incorporate Panthenol into their products. As regulations evolve, the market is likely to see an influx of new products featuring Panthenol, further solidifying its position in the cosmetics and personal care sectors. Such developments may contribute to the projected market growth, reinforcing the importance of compliance in product development.

    Rising Demand in Cosmetics and Personal Care

    The Global Panthenol Market Industry experiences a notable surge in demand driven by the cosmetics and personal care sector. Panthenol, known for its moisturizing and soothing properties, is increasingly incorporated into skincare, haircare, and makeup products. As consumers become more conscious of ingredient efficacy, the preference for products containing Panthenol is likely to rise. In 2024, the market is projected to reach 1.61 USD Billion, reflecting a growing trend towards natural and effective ingredients. This shift indicates a broader movement within the industry towards formulations that enhance skin and hair health, thereby expanding the market's potential.

    Market Segment Insights

    Panthenol Market Application Insights

    The Panthenol Market segmentation by application includes personal care, pharmaceuticals, food and beverage, and industrial. In terms of market share, the personal care segment was the largest in 2023, and it is likely to remain the largest segment during the forecast period. The demand for panthenol in skin care creams, lotions, and hair care products is increasing.

    The pharmaceuticals segment should grow faster than other categories due to the rising prevalence of skin diseases and the increased use of chemicals in wound healing and burn care.

    The use of panthenol in vitamins, both as a food additive and dietary supplement, is growing. Since it is increasingly used during the production of plastics, textiles, and other industrial goods, the industrial segment should grow at a moderate rate.

    The Panthenol Market is likely to continue expanding at a steady pace due to the increasing demand for the chemical in various applications.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Panthenol Market Grade Insights

    The Panthenol Market is segmented by Grade into Cosmetic Grade, Pharmaceutical Grade, and Technical Grade. Among these segments, the Pharmaceutical Grade segment is expected to hold the largest market share in 2023, accounting for over 45% of the Panthenol Market revenue.

    The Cosmetic Grade segment is expected to grow at the highest CAGR during the forecast period, driven by the increasing demand for panthenol in skincare and haircare products. The Technical Grade segment is expected to hold a significant market share, primarily due to its use in industrial applications such as coatings and lubricants.

    Panthenol Market Form Insights

    The Panthenol Market segmentation by form, the market is segmented into liquid, powder, and paste. Among these, the liquid segment held the largest market share in 2023. It is primarily used in various personal care applications such as hair care, skin care, and cosmetics due to its ease of application and absorption.

    The liquid form is also preferred in pharmaceutical applications for its solubility and bioavailability. The powder segment is expected to witness significant growth during the forecast period, owing to its stability, longer shelf life, and ease of transportation.

    The paste form is commonly used in topical applications where a thick and occlusive layer is desired, such as in diaper rash creams and wound care products.

    Panthenol Market Source Insights

    The Panthenol Market is segmented by source into Chemical Synthesis and Plant Extraction. Chemical Synthesis is the dominant source, accounting for a larger share of the Panthenol Market revenue. This is attributed to the cost-effectiveness and higher efficiency of chemical synthesis methods.

    Plant Extraction is a niche segment, but it is expected to grow at a faster CAGR during the forecast period. The growing demand for natural and organic ingredients in personal care products is driving the growth of the Plant Extraction segment.

    Panthenol Market End Use Industry Insights

    The End-Use Industry segment plays a pivotal role in shaping the dynamics of the Panthenol Market. Skincare and haircare industries are the primary drivers, collectively accounting for over 60% of the market revenue in 2023.

    The increasing consumer demand for natural and organic personal care products, along with the rising awareness about the benefits of panthenol for skin and hair health, is fueling the growth in these segments. The cosmetics industry is another major end-use sector, with panthenol widely used as a humectant, moisturizer, and anti-inflammatory agent in various cosmetic formulations.

    The pharmaceutical industry also holds a significant share, utilizing panthenol in wound healing and skincare products. Furthermore, the food industry leverages panthenol as a nutritional supplement and food additive due to its vitamin B5 content.

    Get more detailed insights about Panthenol Market

    Regional Insights

    Regionally, the market is segmented into North America, Europe, APAC, South America, and MEA. North America holds a dominant position in the Panthenol Market due to the presence of major manufacturers, advanced healthcare infrastructure, and high consumer awareness.

    Europe follows closely, driven by strict regulations and a high demand for personal care products. APAC is expected to witness significant growth in the coming years owing to rising disposable income and increasing urbanization. South America and MEA represent emerging markets with untapped potential for market expansion.

    The Panthenol Market segmentation provides valuable insights into regional dynamics, allowing manufacturers and stakeholders to target specific markets and develop tailored strategies to drive market growth.

    Panthenol Market 3

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    Major players in the Panthenol Market are constantly striving to develop innovative products and solutions to meet the evolving needs of consumers. Leading Panthenol Market players are focusing on expanding their global presence through strategic partnerships and acquisitions.

    The Panthenol Market Competitive Landscape is characterized by intense competition among major players, each with its own strengths and weaknesses. Panthenol Market development is driven by technological advancements and the growing demand for personal care products.

    BASF is a leading global chemical company that is actively involved in the Panthenol Market. The company offers a wide range of Panthenol products, including Panthenol 5000 and Panthenol 7500. BASF is committed to providing high-quality Panthenol products that meet the needs of its customers.

    The company has a strong global presence and is well-positioned to continue to be a major player in the Panthenol Market.

    Evonik is another leading player in the Panthenol Market. The company offers a range of Panthenol products, including Panthenol 95 and Panthenol B5.

    Evonik is committed to providing innovative Panthenol solutions that meet the needs of its customers. The company has a strong global presence and is well-positioned to continue to be a major player in the Panthenol Market.

    Key Companies in the Panthenol Market market include

    Industry Developments

    Key factors driving growth include increasing demand for skincare and hair care products, rising awareness of the benefits of panthenol, and growing disposable income in emerging markets.

    Recent news developments in the Panthenol market include:

    BASF invests in a new panthenol production site in China to meet growing demand in the Asia-Pacific region.

    Evonik launches a new panthenol derivative, Provitamin B5 Cationic, for use in hair care applications.

    Lonza expands its panthenol production capacity to meet increasing demand from the pharmaceutical industry.

    Key market players include BASF, Evonik, Lonza, DSM, and Merck. These companies are investing in research and development to expand their product portfolios and meet the evolving needs of consumers.

    Future Outlook

    Panthenol Market Future Outlook

    The Global Panthenol Market is projected to grow at a 5.80% CAGR from 2025 to 2035, driven by increasing demand in cosmetics and personal care products.

    New opportunities lie in:

    • Develop innovative formulations incorporating Panthenol for enhanced skin hydration.
    • Expand distribution channels in emerging markets to capture new consumer segments.
    • Leverage digital marketing strategies to educate consumers on Panthenol benefits.

    By 2035, the Panthenol Market is expected to achieve substantial growth, solidifying its position as a key ingredient in various industries.

    Market Segmentation

    Panthenol Market Form Outlook

    • Liquid Powder Paste
    • Liquid
    • Powder
    • Paste

    Panthenol Market Grade Outlook

    • Cosmetic Grade Pharmaceutical Grade Technical Grade
    • Cosmetic Grade
    • Pharmaceutical Grade
    • Technical Grade

    Panthenol Market Source Outlook

    • Chemical Synthesis Plant Extraction
    • Chemical Synthesis
    • Plant Extraction

    Panthenol Market Regional Outlook

    • North America Europe South America Asia Pacific Middle East and Africa
    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Panthenol Market Application Outlook

    • Personal Care Pharmaceuticals Food and Beverage Industrial
    • Personal Care
    • Pharmaceuticals
    • Food and Beverage
    • Industrial

    Panthenol Market End Use Industry Outlook

    • Skincare Haircare Cosmetics Pharmaceuticals Food
    • Skincare
    • Haircare
    • Cosmetics
    • Pharmaceuticals
    • Food

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 1.61 (USD Billion)
    Market Size 2025 1.70 (USD Billion)
    Market Size 2035 2.98 (USD Billion)
    Compound Annual Growth Rate (CAGR) 5.75% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2020 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled AkzoNobel, Clariant, LANXESS, Croda International, Ashland, Solvay, Lonza Group, Evonik Industries, Huntsman Corporation, Merck, The Lubrizol Corporation, Eastman Chemical Company, Kao Corporation, DSM, BASF SE
    Segments Covered Application, Grade, Form, Source, End Use Industry, Regional
    Key Market Opportunities Rising demand for anti aging skin care products Growing utilization in the food and beverage industry Increasing usage of dietary supplements and haircare Expanding applications in pharmaceuticals Emerging markets with untapped potential
    Key Market Dynamics Technological advancement Rising demand for personal care Increasing applications in pharmaceuticals Growing awareness of skin health benefits Expansion into emerging markets
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What was the market size of the Panthenol Market in 2025?

    The Panthenol Market reached USD 1.70 billion in 2025.

    What is the anticipated CAGR of the Panthenol Market from 2025 to 2034?

    Panthenol Market is projected to grow at a CAGR of 5.75% during the forecast period, 2025-2035

    Which region held the largest market share in the Panthenol Market in 2025?

    North America held the largest market share in 2025.

    What are the key applications of Panthenol?

    Panthenol is primarily used in skincare, hair care, and pharmaceutical applications.

    Who are the Major players in the Panthenol Market?

    Key players in the Panthenol Market include BASF, Merck, Lonza, and DSM.

    What are the factors driving the growth of the Panthenol Market?

    Rising demand for skincare and hair care products and increasing awareness of the benefits of Panthenol are driving market growth.

    What are the challenges faced by the Panthenol Market?

    Fluctuations in raw material prices and competition from alternative ingredients pose challenges to market growth.

    What are the opportunities for growth in the Panthenol Market?

    Expanding applications in pharmaceuticals and nutraceuticals offer opportunities for market growth.

    What are the key trends shaping the Panthenol Market?

    Sustainability, innovation, and regulatory compliance are key trends influencing market dynamics.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials