Capsaicin Market Size & Share, by Product Type (95% Purity); Application (Food, Medicine, Cosmetics, Pesticides) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3575
  • Published Date: May 02, 2023
  • Report Format: PDF, PPT

Companies Dominating the Capsaicin Landscape

    • Chenguang Biotech Group
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Lonza Group
    • Bayer AG
    • Alchem International Pvt. Ltd.
    • The Dow Chemical Company
    • Shanghai Danfan Network Science&Technology Co., Ltd.
    • Nufarm Canada
    • Valent BioSciences LLC
    • Kancor Ingredients Limited
    • BASF SE

Browse Key Market Insights with Data Illustration:


In The News

  • A new grade of capsaicin for the personal care sector was introduced by BASF SE in 2020. The brand-new item, known as CosmediaSP, is a highly purified form of capsaicin that can be applied to several aspects of personal care, including skin, hair, and sun protection.
  • In 2020, Chenguang Biotech Group announced the expansion of capsaicin production capacity to meet the growing demand for natural ingredients. The company has invested in new production lines and technology to improve the quality and efficiency of capsaicin production. 

Author Credits:  Radhika Gupta, Shivam Bhutani

  • Report ID: 3575
  • Published Date: May 02, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing demand for capsaicin-spiced products worldwide and the growing prevalence of musculoskeletal disorders are a few of the important factors responsible for the growth of this market.

The market size of capsaicin is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2023-2035.

Acute health effects associated with the use of capsaicin are estimated to act as barriers to market growth.

North America is estimated to create notable growth opportunities for market growth over the forecast period.

The major players in the market are Lonza Group, Bayer AG, and Alchem International Pvt. Ltd, The Dow Chemical Company, Shanghai Danfan Network Science&Technology Co., Ltd., Nufarm Canada, and Others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by application, product type, and by region.

The medicine segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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