Global Myrcene Market Growth 2025-2031

Global Myrcene Market Growth 2025-2031

The global Myrcene market size is predicted to grow from US$ 108 million in 2025 to US$ 140 million in 2031; it is expected to grow at a CAGR of 4.5% from 2025 to 2031.

Myrcene is a terpene found in essential oils sourced from a multitude of plants. It is also noted for its presence in various strains of cannabis sativa. It is commonly cited for its positive influence on the perfume-making industry as it can create a unique quality to specially crafted fragrances.

Global Myrcene includes DRT, Bordas, Takasago, Florida Chemical and Florachem, etc. Global top 3 companies hold a share over 35%. China is the largest market, with a share about 39%, followed by Europe and North America with the share about 37% and 12%.

The myrcene market is growing steadily, primarily due to its increasing use in the fragrance, flavor, and pharmaceutical industries. Myrcene, a naturally occurring terpene found in plants like hops and bay leaves, is widely used as a key ingredient in the production of perfumes, cosmetics, and aromatic oils due to its pleasant, earthy aroma. In the flavor industry, it is a popular additive for food and beverages, especially in the craft beer segment where it imparts a characteristic hoppy aroma. The pharmaceutical sector also uses myrcene for its anti-inflammatory, analgesic, and sedative properties, contributing to its rising demand. The growth of these industries, combined with a trend toward using natural and plant-based ingredients, is supporting the expansion of the myrcene market globally.

Geographically, the market is particularly strong in regions like North America and Europe, where the demand for natural and organic ingredients is increasing in the cosmetics and food & beverage sectors. The Asia-Pacific region, especially countries like China and India, also presents significant growth potential due to expanding pharmaceutical manufacturing and a rising consumer preference for natural products. However, market growth may face challenges from regulatory restrictions on terpene usage and the volatility of raw material supply, as myrcene is often extracted from seasonal crops. To address these challenges, companies are investing in sustainable sourcing and production technologies, which are expected to shape the market's future direction.

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

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

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

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

Segmentation by Type:
Myrcene 75%
Myrcene 80%
Myrcene 90%
Others

Segmentation by Application:
Flavor and Fragrance
Pharmaceuticals
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.
DRT
Bordas
Florida Chemical
Florachem
Yasuhara Chemical
Natural Aroma Products
Sky Dragon Fine-Chem
Jiangxi Huayu
Hessence Chemicals
Fujian Nanping Green Pine Chemical
Jiangxi Spice Chemical
Jiangxi Baolin Natural Flavor
Jiangxi Kaiyuan Fragrance

Key Questions Addressed in this Report

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

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

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

How do Myrcene market opportunities vary by end market size?

How does Myrcene break out by Type, by Application?

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