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 industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of capsaicin is assessed at USD 9.69 million.
The capsaicin market size was over USD 8.89 million in 2024 and is projected to reach USD 17.83 million by 2037, witnessing around 5.5% CAGR during the forecast period i.e., between 2025-2037. The increasing demand for capsaicin-spiced products worldwide and the growing prevalence of musculoskeletal disorders will drive the market growth.
North America industry is poised to hold largest revenue share of 40% by 2037, attributed to increasing number of fast-food chains and the growing consumption of exotic foods in the region.
The major players in the market are Chenguang Biotech Group, 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
