Global Gamma-Octalactone Market Growth 2023-2029

Global Gamma-Octalactone Market Growth 2023-2029

Gamma-Octalactone (y-Octalactone, CAS 104-50-7) is a lactone and aroma compound with the chemical formula C8H14O2. gamma-Octanoic lactone occurs as an aroma constituent in many processed and unprocessed foods. It is a pale-yellow liquid with a fruity/coconut-like odor and is used both in aroma compositions and in heavy blossom perfumes.
LPI (LP Information)' newest research report, the “Gamma-Octalactone Industry Forecast” looks at past sales and reviews total world Gamma-Octalactone sales in 2022, providing a comprehensive analysis by region and market sector of projected Gamma-Octalactone sales for 2023 through 2029. With Gamma-Octalactone sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gamma-Octalactone industry.
This Insight Report provides a comprehensive analysis of the global Gamma-Octalactone 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 Gamma-Octalactone portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gamma-Octalactone market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gamma-Octalactone 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 Gamma-Octalactone.
The global Gamma-Octalactone market size is projected to grow from US$ 19 million in 2022 to US$ 26 million in 2029; it is expected to grow at a CAGR of 26 from 2023 to 2029.
Global Gamma-Octalactone (CAS 104-50-7) key players include Zhongyue Aroma, Anhui Hyea Aromas, ZOTEA, Soda Aromatic, Beijing LYS Chemicals, etc. Global top five manufacturers hold a share nearly 80%.
Asia-Pacific is the largest market, with a share over 45%, followed by Europe, North America, both have a share over 40 percent.
In terms of product, Synthetic is the largest segment, with a share close to 80%. And in terms of application, the largest application is Food Flavors, followed by Daily Flavors, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Gamma-Octalactone market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Synthetic Gamma-Octalactone
Natural Gamma-Octalactone
Segmentation by application
Food Flavors
Daily Flavors
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.
Zhongyue Aroma
Anhui Hyea Aromas
ZOTEA
Soda Aromatic
Beijing LYS Chemicals
Anhui Jinrong Flavor&fragrance
Suzhou Youxin Aromatic Chemical
Zhengzhou YiBang

Key Questions Addressed in this Report
What is the 10-year outlook for the global Gamma-Octalactone market?
What factors are driving Gamma-Octalactone market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Gamma-Octalactone market opportunities vary by end market size?
How does Gamma-Octalactone 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.