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Global Farnesene Market 2017-2021

Global Farnesene Market 2017-2021

About Farnesene

Farnesene is a branched chain alkene with fifteen carbon atoms. Farnesene belongs to the family of sesquiterpenes containing three continuous isoprene units. It is found naturally in the skins of green apples and other fruits and is partially responsible for the green apple odor. Farnesene is also found in very low quantities in plants and some insects. The commercial production of farnesene is carried out by fermentation of sugar using specialized yeast bacteria, which can convert sugar into long-chain hydrocarbons like farnesene.

Technavio’s analysts forecast the global farnesene market to grow at a CAGR of 26.31% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global farnesene market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Farnesene Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Amyris
  • Intrexon
  • Toronto Research Chemicals
  • Chromatin
  • Penta Manufacturer
Other prominent vendors
  • Bedoukian Research
  • Katyani Exports
  • Santa Cruz Biotechnology
  • Triveni Chemicals
  • Tate & Lyle
Market driver
  • Increasing demand for cosmetics
  • For a full, detailed list, view our report
Market challenge
  • Volatility in the price of flavor and fragrance
  • For a full, detailed list, view our report
Market trend
  • Increasing use of farnesene in multifunctional cosmetic, surfactants, and emulsifiers
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Farnesene Market 2017-2021

Technavio recognizes the following companies as the key players in the global farnesene market: Amyris, Intrexon, Toronto Research Chemicals, Chromatin, and Penta Manufacturer.

Other Prominent Vendors in the market are: Bedoukian Research, Katyani Exports, Santa Cruz Biotechnology, Triveni Chemicals, and Tate & Lyle.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing use of farnesene in multifunctional cosmetic, surfactants, and emulsifiers. The ongoing trend is about incorporating different functions in a single product. These multifunctional products are usually expensive, however, owing to their diverse functionality they are perceived as cost-effective. Thus, vendors are focusing on these products to cater to the growing demand.”

According to the report, one driver in the market is increasing demand for cosmetics. In the cosmetic industry, the trend of using bio-based resources over synthetic products for various anti-aging cream, lotion, and other cosmetics is taking precedence. The demand for bio-based products is growing at a steady rate year-on-year. This trend is aiding in the high consumption of farnesene in the cosmetics sector, owing to its less toxicity and excellent biodegradable characteristics. The increasing older population and the subsequent demand for anti-aging products such as creams, moisturizers, anti-wrinkle creams, and skin whitening products will drive the global farnesene market during the forecast period.

Further, the report states that one challenge in the market is volatility in the price of flavor and fragrance. Farnesene is extensively used in aromatic raw material and fragrance and flavors. The regulatory constraints applied to aromatic raw material producers and fragrance and flavor manufacturers have significantly increased the production costs. The inflation and the growing demand for raw materials from emerging nations have increased the costs of raw materials. Furthermore, the rise in the energy and transportation costs have affected the production processes of raw materials, ranging from harvest to delivery of the finished lots.

Companies Mentioned

Amyris, Intrexon, Toronto Research Chemicals, Chromatin, Penta Manufacturer, Bedoukian Research, Katyani Exports, Santa Cruz Biotechnology, Triveni Chemicals, and Tate & Lyle.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Manufacturing process of farnesene
      • Table Types of farnesene
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Global biomaterials market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - inclusions and exclusions checklist
    • Market size and forecast 2016-2021
      • Table Global farnesene market - Market size and forecast 2016-2021 (metric tons)
      • Table Global farnesene market- Year-over-year growth 2017-2021
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2016-2021 (%)
    • Comparison by application
      • Table Comparison by application
    • Cosmetics - Market size and forecast 2016-2021
      • Table Cosmetics - Market size and forecast 2016-2021 (metric tons)
      • Table Cosmetics - Year-over-year growth 2017-2021
    • Flavor and fragrances- Market size and forecast 2016-2021
      • Table Flavor and fragrances - Market size and forecast 2016-2021 (metric tons)
      • Table Flavor and fragrances - Year-over-year growth 2017-2021
    • Lubricants - Market size and forecast 2016-2021
      • Table Lubricants - Market size and forecast 2016-2021 (metric tons)
      • Table Lubricants - Year-over-year growth 2017-2021
    • Performance materials - Market size and forecast 2016-2021
      • Table Performance materials - Market size and forecast 2016-2021 (metric tons)
      • Table Performance materials - Year-over-year growth 2017-2021
    • Market opportunity by application
      • Table Market opportunity by application
  • Regional landscape
    • Geographical segmentation
      • Table Market forecast: Farnesene market by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - market size & forecast
      • Table EMEA - market size & forecast 2016-2021 (metric tons)
      • Table EMEA - Year-over-year growth 2017-2021
    • APAC - market size & forecast
      • Table APAC - market size & forecast 2016-2021 (metric tons)
      • Table APAC - Year-over-year growth 2017-2021
    • Americas - market size & forecast
      • Table Americas - market size & forecast 2016-2021 (metric tons)
      • Table Americas - Year-over-year growth 2017-2021
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing use of farnesene in multifunctional cosmetic, surfactants, and emulsifiers
    • Stringent regulations and policies for sustainable products in marine industry
    • Increasing use of farnesene in aviation industry
  • Vendor landscape
    • Competitor landscape
    • Other prominent vendors
  • Vendor analysis
    • Vendor overview
    • Amyris
      • Table Amyris: Business segmentation by products
      • Table Amyris: Geographical segmentation by revenue 2016
    • Intrexon
      • Table Intrexon: Business segmentation by end-market
    • Toronto Research Chemicals
      • Table Toronto Research Chemicals: Business segmentation by products
    • Chromatin
      • Table Chromatin: Business segmentation by products
    • Penta Manufacturer
      • Table Penta Manufacturer: Business segmentation by products
  • Appendix
    • List of abbreviations
  • Explore Technavio

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