Global Acetoin Natural Market Size study, By Raw Material (Corn, Grapes, Cocoa, Apples, Bananas, Cheese, Meat, Others), By Form (Liquid Form, Powder Form), By End Use (Food Ingredients & Beverage, Paints & Coatings, Adhesives, Cosmetics & Personal Care, Pharmaceutical, Others), and Regional Forecasts 2022-2028
Global Acetoin Natural Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Acetoin Natural also known as acetyl methyl carbinol or 3-hydroxybutanone or acetyl methyl is a natural flavor ingredient with a buttery aroma. It is largely found in different grain and fruits such as corn, grapes, Cocoa, apples, bananas, Cheese as well as in Meat. It is utilized as additive across different sectors such as Food Ingredients & Beverage, Paints & Coatings, Adhesives, Cosmetics & Personal Care, and pharmaceutical among others. The rising flavor and fragrance market worldwide and growing Food and beverages sector coupled with surging preference toward convenience food products are factors that are accelerating the global market demand. For instance, according to Statista – In 2020, flavor and fragrance market in the United States was estimated at USD 1.93 billion, and the market is projected to grow to USD 2.3 billion by end of 2025. Furthermore, market players are coming up with innovative products to capitalize the increasing demand for Acetoin Natural. For instance, Ennolys launched a new an aromatic ketone product named acetoin, also known as acetyl methyl carbinol or 3-hydroxy 2-butanon. This new product is made from sugar fermentation and is vegan, halal, kosher and palm oil free. It is intended to be used with many food products such as dairy, bakery, chocolate and savory products. Also, growing online food services industry in emerging economies and rising pharmaceuticals and cosmetics industries are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, lower Shelf Life of Acetoin natural and high cost associated with raw materials impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Acetoin Natural Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing trend of natural ingredient based products and increasing demand for plant based food products in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing paint and coating industry, increasing penetration of online food delivery services in the region, would create lucrative growth prospects for the global Acetoin Natural Market across the Asia Pacific region.
Major market players included in this report are:
Vigon International
Sunaux
Charkit Chemical Corporation
The Good Scents Company
RPX Corporation
UBM EMEA
Qingdao CEPA Energy Technology Co. Ltd
Kunshan Odowell Co.,Ltd
The Good Scents Company
Auro Chemicals
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Raw Material:
Corn
Grapes
Cocoa
Apples
Bananas
Cheese
Meat
Others
By Form:
Liquid Form
Powder Form
By End Use:
Food Ingredients & Beverage
Paints & Coatings
Adhesives
Cosmetics & Personal Care
Pharmaceutical
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Acetoin Natural Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Vigon International
Sunaux
Charkit Chemical Corporation
The Good Scents Company
RPX Corporation
UBM EMEA
Qingdao CEPA Energy Technology Co. Ltd
Kunshan Odowell Co.,Ltd
The Good Scents Company
Auro Chemicals
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