Nootkatone is a natural organic compound and is the most important and expensive aromatic of grapefruit. It is a sesquiterpene and a ketone.
Market Analysis and Insights: Global Nootkatone Market
Due to the COVID-19 pandemic, the global Nootkatone market size is estimated to be worth US$ 10 million in 2022 and is forecast to a readjusted size of US$ 29 million by 2028 with a CAGR of 20.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Nootkatone Crystals accounting for % of the Nootkatone global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Flavours & Fragrances segment is altered to an % CAGR throughout this forecast period.
The major players cover Evolva, Isobionics, International Flavors&Fragrances, Vishal Essential, Puyi Biology, etc. The Top 3 players in Global Nootkatone market sales account about 90%, while the share of top 5 players occupy nearly 95%. Evolva is the leading manufacturer of Nootkatone, accounting for about 55% of the Global market. In addition to policy impact, downstream demand is the key factor affecting the market.
For the production of Nootkatone, the global production distribution is mainly focused in the areas of North America, which is expected to take up over 55% of the market share. For the consumption of Nootkatone, North America is still the leader, followed by Europe, which take up about 30% of the market share.
The global Nootkatone market has been broadly segmented by several types. Nootkatone Crystal accounted for a major share of about 85% global market.
Based on application, the Flavours & Fragrances accounted for a significant market share. And it holds an important share in Nootkatone market.
Global Nootkatone Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Nootkatone Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Nootkatone Crystals
Nootkatone Liquid
Segment by Application
Flavours & Fragrances
Personal Care
Others
By Company
Evolva
Isobionics
Aromor
International Flavors & Fragrances
Penta
PUYI BIOLOGY
Vishal Essential
Production by Region
North America
Europe
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Nootkatone Market
Due to the COVID-19 pandemic, the global Nootkatone market size is estimated to be worth US$ 10 million in 2022 and is forecast to a readjusted size of US$ 29 million by 2028 with a CAGR of 20.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Nootkatone Crystals accounting for % of the Nootkatone global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Flavours & Fragrances segment is altered to an % CAGR throughout this forecast period.
The major players cover Evolva, Isobionics, International Flavors&Fragrances, Vishal Essential, Puyi Biology, etc. The Top 3 players in Global Nootkatone market sales account about 90%, while the share of top 5 players occupy nearly 95%. Evolva is the leading manufacturer of Nootkatone, accounting for about 55% of the Global market. In addition to policy impact, downstream demand is the key factor affecting the market.
For the production of Nootkatone, the global production distribution is mainly focused in the areas of North America, which is expected to take up over 55% of the market share. For the consumption of Nootkatone, North America is still the leader, followed by Europe, which take up about 30% of the market share.
The global Nootkatone market has been broadly segmented by several types. Nootkatone Crystal accounted for a major share of about 85% global market.
Based on application, the Flavours & Fragrances accounted for a significant market share. And it holds an important share in Nootkatone market.
Global Nootkatone Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Nootkatone Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Nootkatone Crystals
Nootkatone Liquid
Segment by Application
Flavours & Fragrances
Personal Care
Others
By Company
Evolva
Isobionics
Aromor
International Flavors & Fragrances
Penta
PUYI BIOLOGY
Vishal Essential
Production by Region
North America
Europe
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
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