Global Gamma-Octalactone Market Growth 2023-2029

Global Gamma-Octalactone Market Growth 2023-2029

Product Code:460498

Published Date: Feb 08,2023

Pages: 99

Region: Global

Category: Chemical & Material

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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?