Global Furanone Market Growth 2023-2029

Global Furanone Market Growth 2023-2029

The global Furanone market size is projected to grow from US$ 93 million in 2022 to US$ 205.9 million in 2029; it is expected to grow at a CAGR of 12.0% from 2023 to 2029.

The key manufacturers of furanone in the global market include Xiamen Oamic Biotech, Ruiyuan Flavor Co.,Ltd, Tengzhou Wutong Perfume, Jiangxi Shamhai Biotechnology, Firmenich, etc. Xiamen Oamic Biotech ranks first in global sales volume, accounting for about 28%.The main markets are the United States, Europe,and Asia Pacific.

Furan ketone is mainly divided into natural furan ketone and synthetic furan ketone, of which natural furan ketone accounts for more than 85% of the total market.

Furanone is mainly used in juice and beverages, baked products, candies and chocolates, cigarettes and other downstream industries, among which candies and chocolates accounted for the highest proportion, reaching more than 70%.

Furanone is mainly used in juice and beverages, baked products, candies and chocolates, cigarettes and other downstream industries, among which candies and chocolates accounted for the highest proportion, reaching more than 70%.

LPI (LP Information)' newest research report, the “Furanone Industry Forecast” looks at past sales and reviews total world Furanone sales in 2022, providing a comprehensive analysis by region and market sector of projected Furanone sales for 2023 through 2029. With Furanone sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Furanone industry.

This Insight Report provides a comprehensive analysis of the global Furanone 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 Furanone portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Furanone market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Furanone 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 Furanone.

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

Market Segmentation:

Segmentation by type
Natural Furanone
Synthetic Furanone

Segmentation by application
Juice and Beverages
Baked Products
Candies and Chocolates
Cigarettes
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 analyzing the company's coverage, product portfolio, its market penetration.
Firmenich
Advanced Biotech
Vigon International
Xiamen Oamic Biotech
Ruiyuan Flavor Co.,Ltd
Tengzhou Wutong Perfume
Jiangxi Shamhai Biotechnology
Dalian Luck Fine Chemical
Hunan HuiRui Pharmaceutical
Shanghai Jingfu Biotech
Kunshan Asia Aroma

Key Questions Addressed in this Report

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

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

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

How do Furanone market opportunities vary by end market size?

How does Furanone break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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