Global Cooling Agent WS-23 Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Cooling Agent WS-23 market size was valued at USD 93 million in 2023 and is forecast to a readjusted size of USD 127.6 million by 2030 with a CAGR of 4.7% during review period.
Cooling Agent WS-23 is a synthetic compound widely used as a cooling sensation enhancer in various industries, including food and beverages, personal care, and oral care. It produces a cooling effect when applied to the skin or consumed, similar to menthol but with reduced minty flavor. WS-23 is developed as a more potent and longer-lasting alternative to traditional cooling agents like menthol. It provides a refreshing and cooling sensation without the characteristic taste of mint, making it versatile for use in a wide range of products, including mint-flavored food, lip balms, toothpaste, and beverages.
The industry trend for Cooling Agent WS-23 is witnessing significant growth in response to the rising demand for enhanced sensory experiences in consumer products. As people seek out products that provide refreshing and cooling effects, WS-23 offers a valuable solution. Its versatility and ability to deliver a cooling sensation without overpowering minty flavors make it a popular choice in various industries. Additionally, WS-23 has gained attention as a preferred ingredient among manufacturers aiming to create products with a mild cooling effect that appeals to a broader consumer base. As the demand for unique and enjoyable sensory experiences continues, the industry trend for Cooling Agent WS-23 is expected to continue its upward trajectory.
The Global Info Research report includes an overview of the development of the Cooling Agent WS-23 industry chain, the market status of Medicine (99% Content, Other Content), Daily Chemical (99% Content, Other Content), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Cooling Agent WS-23.
Regionally, the report analyzes the Cooling Agent WS-23 markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Cooling Agent WS-23 market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Cooling Agent WS-23 market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Cooling Agent WS-23 industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., 99% Content, Other Content).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Cooling Agent WS-23 market.
Regional Analysis: The report involves examining the Cooling Agent WS-23 market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Cooling Agent WS-23 market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Cooling Agent WS-23:
Company Analysis: Report covers individual Cooling Agent WS-23 manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Cooling Agent WS-23 This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Medicine, Daily Chemical).
Technology Analysis: Report covers specific technologies relevant to Cooling Agent WS-23. It assesses the current state, advancements, and potential future developments in Cooling Agent WS-23 areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Cooling Agent WS-23 market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Cooling Agent WS-23 market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
99% Content
Other Content
Market segment by Application
Medicine
Daily Chemical
Food
Flavors and Fragrances
Others (e.g. Tobacco)
Major players covered
Symrise
Anhui Fengle
GZ Juhui Flavor
YinFeng
Guangzhou Sunlane
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Cooling Agent WS-23 product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Cooling Agent WS-23, with price, sales, revenue and global market share of Cooling Agent WS-23 from 2019 to 2024.
Chapter 3, the Cooling Agent WS-23 competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Cooling Agent WS-23 breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Cooling Agent WS-23 market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Cooling Agent WS-23.
Chapter 14 and 15, to describe Cooling Agent WS-23 sales channel, distributors, customers, research findings and conclusion.