PANTOTHENIC ACID MARKET ANALYSIS
Key Takeaways from Analyst
Increasing demand for dietary supplements and functional foods across the world can boost demand for pantothenic acid. Rising health consciousness among people due to growing obesity and chronic disease rates prompt consumers to include more nutritional supplements in their diets. This growing concern for health and wellness offers significant opportunities for pantothenic acid producers.
Asia Pacific dominates the market due to high dietary supplement consumption in China. However, North America region is likely to emerge as the fastest growing market due to rising living standards and sizeable middle-class populations in countries like U.S. & Canada. Stringent regulations regarding the use of chemical additives in food and feed products can pose challenges for market players. High dependence on China for raw material supply can impact production if there are any trade restrictions imposed.
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