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Global Carvone Market Growth 2025-2031

Publisher LP Information, Inc.
Published Jan 24, 2025
Length 99 Pages
SKU # LPI19513536

Description

Global Carvone Market Growth 2025-2031


The global Carvone market size is predicted to grow from US$ 56.2 million in 2025 to US$ 72.1 million in 2031; it is expected to grow at a CAGR of 4.3% from 2025 to 2031.

Carvone is a member of a family of chemicals called terpenoids. Carvone is found naturally in many essential oils, but is most abundant in the oils from seeds of caraway (Carum carvi), spearmint (Mentha spicata), and dill.

Carvone forms two mirror image forms or enantiomers: R-(–)-carvone smells like spearmint leaves. Its mirror image, S-(+)-carvone, smells like caraway seeds. The fact that the two enantiomers are perceived as smelling different is evidence that olfactory receptors must contain chiral groups, allowing them to respond more strongly to one enantiomer than to the other. The two forms are also referred to by the older names of laevo (L) referring to R-(–)-carvone, and dextro (D) referring to S-(+)-carvone.

Though spearmint oil contains about 60% of Carvone, however, in this report, we do not calculate that as Carvone. The target of the report is carvone that recognized in the industry as high purity carvone.

China and India have taken 78% of world carvone production, and USA took 16% of world carvone production. Carvone is a highly concentrated industry with limited manufacturers competing in this market. The top three producers, Paramount Aromachem, Wanxiang International and Renessenz accounted for 81% of the market.

The demand of carvone is concentrated in China, India, USA and EU. The consumption of carvone in China was 32%, ahead of other regions.

LP Information, Inc. (LPI) ' newest research report, the “Carvone Industry Forecast” looks at past sales and reviews total world Carvone sales in 2024, providing a comprehensive analysis by region and market sector of projected Carvone sales for 2025 through 2031. With Carvone sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Carvone industry.

This Insight Report provides a comprehensive analysis of the global Carvone landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Carvone portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Carvone market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Carvone and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Carvone.

This report presents a comprehensive overview, market shares, and growth opportunities of Carvone market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
L-Carvone
D-Carvone

Segmentation by Application:
Daily Use Chemical Essence
Food Additive
Pharmaceutical
Agricultural
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Paramount Aromachem
Renessenz
Gem Aromatics
Shree Bankey Behari Lal Aromatics
Wanxiang International
Jishui County Shunmin Medicinal
Lvchang Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Carvone market?

What factors are driving Carvone market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Carvone market opportunities vary by end market size?

How does Carvone break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

99 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Carvone by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Carvone by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion

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