Capsaicin Market - Top Companies and Manufacturers

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

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Capsaicin Market Size & Share, Growth Analysis - 2036

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.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of capsaicin is evaluated at USD 8.84 Million.

The capsaicin market size was over USD 8.43 Million in 2023 and is set to exceed USD 16.71 Million by the end of 2036, witnessing over 5.4% CAGR during the forecast period i.e., between 2024-2036. 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.

North America is estimated to grab the largest industry share by 2036, attributed to increasing number of fast-food chains and the growing consumption of exotic foods in the region.

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

Capsaicin Market - Top Companies and Manufacturers

Companies Dominating the Capsaicin Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the capsaicin market?

What are the factors driving the capsaicin landscape?

Which region held the largest capsaicin industry share?

Who are the key players in the capsaicin sector?