Global Synthetic Citral Market Growth 2023-2029

Global Synthetic Citral Market Growth 2023-2029

Product Code:461406

Published Date: Feb 08,2023

Pages: 73

Region: Global

Category: Chemical & Material

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Citral (C10H16O), also called 3,7-dimethyl-2,6-octadienal, a pale yellow liquid, with a strong lemon odour, that occurs in the essential oils of plants. It is insoluble in water but soluble in ethanol (ethyl alcohol), diethyl ether, and mineral oil. It is used in perfumes and flavourings and in the manufacture of other chemicals. Chemically, citral is a mixture of two aldehydes that have the same molecular formula but different structures.

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

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

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

The global Synthetic Citral market size is projected to grow from US$ 319.6 million in 2022 to US$ 464.8 million in 2029; it is expected to grow at a CAGR of 464.8 from 2023 to 2029.

In consumption market, Europe is the main consumption region due to the bigger demand of downstream applications.

Synthetic citral is mainly used in spices, vitamin, menthol and others. Report data showed that 10.23% of the synthetic citral market demand in spices, 66.52% in vitamin, and 18.96% in menthol in 2019. With the development of economy, these industries will need more synthetic citral. So, synthetic citral has a huge market potential in the future.

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

Market Segmentation:
Segmentation by type
    96-98% Purity
    99% Purity

Segmentation by application
    Vitamin
    Menthol
    Spices
    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.
    BASF
    Kuraray
    Zhejiang NHU

Key Questions Addressed in this Report
What is the 10-year outlook for the global Synthetic Citral market?
What factors are driving Synthetic Citral market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Synthetic Citral market opportunities vary by end market size?
How does Synthetic Citral break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?