Global Nootkatone Market Growth 2023-2029

Global Nootkatone Market Growth 2023-2029

Nootkatone is a natural organic compound and is the most important and expensive aromatic of grapefruit. It is a sesquiterpene and a ketone.

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

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

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

The global Nootkatone market size is projected to grow from US$ 8 million in 2022 to US$ 29 million in 2029; it is expected to grow at a CAGR of 29 from 2023 to 2029.

The major players cover Evolva, Isobionics, International Flavors＆Fragrances, Vishal Essential, Puyi Biology, etc. The Top 3 players in Global Nootkatone market sales account about 90%, while the share of top 5 players occupy nearly 95%. Evolva is the leading manufacturer of Nootkatone, accounting for about 55% of the Global market. In addition to policy impact, downstream demand is the key factor affecting the market.

For the production of Nootkatone, the global production distribution is mainly focused in the areas of North America, which is expected to take up over 55% of the market share. For the consumption of Nootkatone, North America is still the leader, followed by Europe, which take up about 30% of the market share.

The global Nootkatone market has been broadly segmented by several types. Nootkatone Crystal accounted for a major share of about 85% global market.

Based on application, the Flavours & Fragrances accounted for a significant market share. And it holds an important share in Nootkatone market.

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

Market Segmentation:

Segmentation by type

Nootkatone Crystals

Nootkatone Liquid

Segmentation by application

Flavours & Fragrances

Personal Care

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.

Evolva

Isobionics

Aromor

International Flavors & Fragrances

Penta

PUYI BIOLOGY

Vishal Essential

Key Questions Addressed in this Report

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

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

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

How do Nootkatone market opportunities vary by end market size?

How does Nootkatone 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.