Europe Palmitoylethanolamide Market Size By Type (Purity>98% & Purity>99%), By Geographic Scope And Forecast
Report ID: 138550|No. of Pages: 202
Europe Palmitoylethanolamide Market Size By Type (Purity>98% & Purity>99%), By Geographic Scope And Forecast
Europe Palmitoylethanolamide Market Size And Forecast
Europe Palmitoylethanolamide Market size was valued at USD 1.6 Billion in 2024 and is projected to reach USD 2.8 Billion by 2031, at a long-term CAGR of 5.22% from 2024 to 2031.
The growing nutraceutical industry and rising cases of chronic pain-related diseases and depression have ultimately escalated the demand for Palmitoylethanolamide. In addition to this, the growth of serious diseases such as multiple sclerosis (MS), fibromyalgia, neurological disorder, and carpal tunnel syndrome will create substantial opportunities for Palmitoylethanolamide over the forecasted period. The Europe Palmitoylethanolamide Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors playing a substantial role in the market.
Europe Palmitoylethanolamide Market Definition
In general, palmitoylethanolamide (PEA) belongs to the endocannabinoid family, a group of fatty acid amides. Palmitoylethanolamide is found naturally in foods such as peanuts and egg yolks, and the human body. It is also used as a medicine.PEA is used for pain, fibromyalgia, neuropathic pain, multiple sclerosis (MS), carpal tunnel syndrome, infections of the airway, and many other conditions, but there is no good scientific evidence to support these uses. It is a chemical that can bind to cells in the body and reduce pain and swelling. PEA is produced and metabolized in animal cells through many enzymes and exerts a multitude of physiological functions related to metabolic homeostasis.
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
What's inside a VMR
industry report?
>>> Ask For Discount @ – https://www.verifiedmarketresearch.com/ask-for-discount/?rid=138550
Europe Palmitoylethanolamide Market Overview
Over the past couple of decades, various factors have driven the growth of the Europe Palmitoylethanolamide market, such as the growing nutraceutical industry, and rising cases of chronic pain-related diseases and depression. This has ultimately escalated the demand for Palmitoylethanolamide. In addition to this, the growth of serious diseases such as multiple sclerosis (MS), fibromyalgia, neurological disorder, and carpal tunnel syndrome will create substantial opportunities for Palmitoylethanolamide over the forecasted period. However, stringent regulatory scenarios and health concerns raised by the side effects of these chemicals on a human being might hinder the Palmitoylethanolamide market growth.
Europe Palmitoylethanolamide Market: Segmentation Analysis
The Europe Palmitoylethanolamide Market is segmented based on Type and Geography.
Europe Palmitoylethanolamide Market by Type
• Purity>98%
• Purity>99%
To Get Summarized Market Report By Type:- Download Sample Report Now
Based on Type, the market is bifurcated into Purity>98%, and Purity>99%. Out of which, Purity>98% Palmitoylethanolamide accounted for the largest market share in 2019. Palmitoylethanolamide (PEA) with a purity of more than 99 percent is commonly known as ultra-micronized PEA having a large market share. It is commercially available as a diet and supplement in a variety of European and European countries. Several companies such as Shaanxi Pioneer Biotech Co., Ltd, and others have gained expertise in the processing of ultra-micronized PEA with 99 percent purity. Generally, the purity for this type of PEA exceeds 100% after testing due to the accuracy of the analytical methods used. On the other hand, Palmitoylethanolamide of purity lower than 98% is generally classified as a nun-micronized and micronized PEA. This type of PEA is a patented, pharmaceutical compound subjected to the so-called jet micronization process.
Europe Palmitoylethanolamide Market by Geography
• Germany
• UK
• France
• Rest of Europe
Based on Regional analysis, the European palmitoylethanolamide market is classified into Germany, the UK, France, and the Rest of Europe. Out of which, Germany is expected to hold the largest market share of the Palmitoylethanolamide market over the forecast period followed by the United Kingdom and France. In addition to this, Germany and the UK are some of the developing regions with comparatively more scope for research and developments regarding Palmitoylethanolamide and its respective applications. This will further lead to an upsurge in demand for Palmitoylethanolamide across the respective region.
Key Players in Europe Palmitoylethanolamide Market
The “Europe Palmitoylethanolamide Market” study report will provide valuable insight with an emphasis on the market including some of the major players such as Cayman Chemical, Pea CURE, TCI Chemicals, Millipore Sigma (Merck KGaA), and others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.
Europe Palmitoylethanolamide Market Share Insights
Key Developments by Major Key Players in the market are as given below.
Company Name |
Key Development |
Description |
|---|---|---|
| pedicure | New Development | • peaCURE has developed a liposomal palmitoylethanolamide-based product. • This advancement in the production of PEA-based products has focused on improving purity, bioavailability, and efficacy, and fostering and perpetrating further research on PEA. |
| Innexus Nutraceuticals | New Launch | • Innexus Nutraceuticals announced the worldwide launch of OptiPEA. • OptiPEA is the EU GMP grade palmitoylethanolamide. |
Europe Palmitoylethanolamide Market Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2021-2031 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2021-2023 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Cayman Chemical, Pea CURE, TCI Chemicals, Millipore Sigma (Merck KGaA), and others. |
| SEGMENTS COVERED |
|
| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
To Get Customized Report Scope:- Request For Customization Now
Research Methodology of Verified Market Research:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
• Provision of market value (USD Billion) data for each segment and sub-segment.
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis.
• Provides insight into the market through the Value Chain.
• Market dynamics scenario, along with growth opportunities of the market in the years to come.
• 6-month post-sales analyst support.
Customization of the Report
• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Frequently Asked Questions
TABLE OF CONTENTS
1 INTRODUCTION
1.1 MARKET DEFINITION
1.2 MARKET SEGMENTATION
1.3 RESEARCH TIMELINES
1.4 ASSUMPTIONS
1.5 LIMITATIONS
2 RESEARCH METHODOLOGY
2.1 DATA MINING
2.2 SECONDARY RESEARCH
2.3 PRIMARY RESEARCH
2.4 SUBJECT MATTER EXPERT ADVICE
2.5 QUALITY CHECK
2.6 FINAL REVIEW
2.7 DATA TRIANGULATION
2.8 BOTTOM-UP APPROACH
2.9 TOP-DOWN APPROACH
2.10 RESEARCH FLOW
2.11 DATA SOURCES
3 EXECUTIVE SUMMARY
3.1 MARKET OVERVIEW
3.2 EUROPE PALMITOYLETHANOLAMIDE MARKET GEOGRAPHICAL ANALYSIS (CAGR %)
3.3 EUROPE PALMITOYLETHANOLAMIDE MARKET, BY TYPE (USD MILLION)
3.5 FUTURE MARKET OPPORTUNITIES
3.6 EUROPE MARKET SPLIT
4 MARKET OUTLOOK
4.1 EUROPE PALMITOYLETHANOLAMIDE MARKET OUTLOOK
4.2 MARKET DRIVERS
4.2.1 RISING NEED TO DEVELOP NEW EXCIPIENTS
4.2.2 AVAILABILITY OF A LARGE NUMBER OF EXCIPIENTS FOR CO-PROCESSING AND INCREASING APPLICATIONS IN FOOD AND PHARMA INDUSTRIES
4.3 MARKET DRIVERS
4.3.1 RISING NUTRACEUTICAL INDUSTRY
4.3.2 GROWING CASES OF CHRONIC PAIN RELATED DISEASES AND DEPRESSION IN EUROPE
4.4 MARKET RESTRAINTS
4.4.1 STRINGENT REGULATORY SCENARIOS AND HEALTH CONCERNS RAISED BY THE SIDE EFFECTS OF THESE CHEMICALS ON A HUMAN BEING
4.5 MARKET OPPORTUNITIES
4.5.1 GROWING NUMBER OF NEUROGENERATIVE DISEASES IN EUROPE
4.5.3 RISING PROSPECTS OF PALMITOYLETHANOLAMIDE ASAN ALTERNATIVE TO CBD
4.6 MARKET DEMAND ANALYSIS ON PALMITOYLETHANOLAMIDE MARKET
4.7 IMPACT OF COVID-19 ON PALMITOYLETHANOLAMIDE MARKET
5 MARKET, BY TYPE
5.1 OVERVIEW
5.2 PURITY>99%
5.3 PURITY>98%
6 MARKET, BY GEOGRAPHY
6.1 OVERVIEW
6.2 EUROPE MARKET SNAPSHOT
6.2.1 GERMANY
6.2.2 U.K.
6.2.3 FRANCE
6.2.4 REST OF EUROPE
7 COMPETITIVE LANDSCAPE
7.1 OVERVIEW
7.2 COMPETITIVE SCENARIO
7.3 COMPANY MARKET RANKING ANALYSIS
8 COMPANY PROFILES
8.1 MILLIPORESIGMA (MERCK KGAA)
8.1.1 COMPANY OVERVIEW
8.1.2 COMPANY INSIGHTS
8.1.3 SEGMENT BREAKDOWN
8.1.4 PRODUCT BENCHMARKING
8.1.5 SWOT ANALYSIS
8.2 CAYMAN CHEMICAL
8.2.1 COMPANY OVERVIEW
8.2.2 COMPANY INSIGHTS
8.2.3 PRODUCT BENCHMARKING
8.2.4 SWOT ANALYSIS
8.3 PEACURE
8.3.1 COMPANY OVERVIEW
8.3.2 COMPANY INSIGHTS
8.3.3 PRODUCT BENCHMARKING
8.3.4 KEY DEVELOPMENTS
8.3.5 SWOT ANALYSIS
8.4 TCI CHEMICALS
8.4.1 COMPANY OVERVIEW
8.4.2 COMPANY INSIGHTS
8.4.3 PRODUCT BENCHMARKING
8.5 INNEXUS NUTRACEUTICALS
8.5.1 COMPANY OVERVIEW
8.5.2 COMPANY INSIGHTS
8.5.3 PRODUCT BENCHMARKING
8.5.4 KEY DEVELOPMENTS
8.6 SHAANXI PIONEER BIOTECH CO., LTD.
8.6.1 COMPANY OVERVIEW
8.6.2 COMPANY INSIGHTS
8.6.3 PRODUCT BENCHMARKING
8.7 GENCOR
8.7.1 COMPANY OVERVIEW
8.7.2 COMPANY INSIGHTS
8.7.3 PRODUCT BENCHMARKING
8.7.4 KEY DEVELOPMENTS
LIST OF TABLES
TABLE 1 EUROPE PALMITOYLETHANOLAMIDE MARKET, BY COUNTRY, 2020 – 2027 (USD MILLION)
TABLE 2 EUROPE PALMITOYLETHANOLAMIDE MARKET, BY TYPE, 2020 – 2027 (USD MILLION)
TABLE 3 EUROPE PALMITOYLETHANOLAMIDE MARKET, BY COUNTRY, 2020 – 2027 (USD MILLION)
TABLE 4 EUROPE PALMITOYLETHANOLAMIDE MARKET, BY TYPE, 2020 – 2027 (USD MILLION)
TABLE 5 GERMANYPALMITOYLETHANOLAMIDE MARKET, BY TYPE, 2020 – 2027 (USD MILLION)
TABLE 6 U.K. PALMITOYLETHANOLAMIDE MARKET, BY TYPE, 2020 – 2027 (USD MILLION)
TABLE 7 FRANCE PALMITOYLETHANOLAMIDE MARKET, BY TYPE, 2020 – 2027 (USD MILLION)
TABLE 8 REST OF EUROPE PALMITOYLETHANOLAMIDE MARKET, BY TYPE, 2020 – 2027 (USD MILLION)
TABLE 9 COMPANY MARKET RANKING ANALYSIS
TABLE 10 MILLIPORESIGMA (MERCK KGAA): PRODUCT BENCHMARKING
TABLE 11 CAYMAN CHEMICAL: PRODUCT BENCHMARKING
TABLE 12 PEACURE: PRODUCT BENCHMARKING
TABLE 13 PEACURE: KEY DEVELOPMENTS
TABLE 14 TCI CHEMICALS: PRODUCT BENCHMARKING
TABLE 12 INNEXUS NUTRACEUTICALS: PRODUCT BENCHMARKING
TABLE 13 INNEXUS NUTRACEUTICALS: KEY DEVELOPMENTS
TABLE 14 SHAANXI PIONEER BIOTECH CO., LTD.: PRODUCT BENCHMARKING
TABLE 15 GENCOR: PRODUCT BENCHMARKING
TABLE 16 GENCOR: KEY DEVELOPMENTS
LIST OF FIGURES
FIGURE 1 EUROPE PALMITOYLETHANOLAMIDE MARKET SEGMENTATION
FIGURE 2 RESEARCH TIMELINES
FIGURE 3 DATA TRIANGULATION
FIGURE 4 MARKET RESEARCH FLOW
FIGURE 5 DATA SOURCES
FIGURE 6 EUROPE PALMITOYLETHANOLAMIDE MARKET OVERVIEW
FIGURE 7 EUROPE PALMITOYLETHANOLAMIDE MARKET GEOGRAPHICAL ANALYSIS, 2020-2027
FIGURE 8 EUROPE PALMITOYLETHANOLAMIDE MARKET, BY TYPE (USD MILLION)
FIGURE 10 FUTURE MARKET OPPORTUNITIES
FIGURE 12 GERMANY DOMINATED THE EUROPEN MARKET IN 2019
FIGURE 14 EUROPE PALMITOYLETHANOLAMIDE MARKET OUTLOOK
FIGURE 15 EUROPE PALMITOYLETHANOLAMIDE MARKET, BY TYPE
FIGURE 16 KEY STRATEGIC DEVELOPMENTS
FIGURE 17 MERCK KGAA: COMPANY INSIGHT
FIGURE 18 MERCK KGAA: BREAKDOWN
FIGURE 19 MILLIPORESIGMA (MERCK KGAA): SWOT ANALYSIS
FIGURE 20 CAYMAN CHEMICAL: COMPANY INSIGHT
FIGURE 21 CAYMAN CHEMICAL: SWOT ANALYSIS
FIGURE 22 PEACURE: COMPANY INSIGHT
FIGURE 23 PEACURE: SWOT ANALYSIS
FIGURE 24 TCI CHEMICALS: COMPANY INSIGHT
FIGURE 25 INNEXUS NUTRACEUTICALS: COMPANY INSIGHT
FIGURE 26 SHAANXI PIONEER BIOTECH CO., LTD.: COMPANY INSIGHT
FIGURE 27 GENCOR: COMPANY INSIGHT
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
|
|
| Demand side |
|
|
Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
| Qualitative analysis | Quantitative analysis |
|---|---|
|
|
