Los Angeles, CA -- (SBWire) -- 04/13/2019 --Carvone is a member of a family of chemicals called terpenoids. Carvone is found naturally in many essential oils, but is most abundant in the oils from seeds of caraway (Carum carvi), spearmint (Mentha spicata), and dill. Carvone is a member of a family of chemicals called terpenoids. Carvone is found naturally in many essential oils, but is most abundant in the oils from seeds of caraway (Carum carvi), spearmint (Mentha spicata), and dill. Natural D-carvone is founded in mandarin peel oil, while L-carvone is found in ginger grass oil. Carvone can be classified as L-carvone and D-carvone based on its chemical structure.
Gum makers producing a spearmint product have a choice of flavoring with spearmint oil, natural L-carvone(derived from spearmint oil), synthetic L-carvone (from citrus fruits) or combinations, L-carvone is often used to enhance spearmint oil. Since there are not enough spearmint crops to satisfy the demand of spearmint flavor, including L-carvone, the synthetic carvone is more popular in consideration of stable supply and cheaper price. Currently L-carvone is the dominant type of carvone sold on the market, and 81.39% of carvone is L-carvone in 2015.
The global Carvone market was 44 million US$ in 2018 and is expected to 58 million US$ by the end of 2025, growing at a CAGR of 3.6% between 2019 and 2025. This report studies the Carvone market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Carvone in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Paramount Aromachem
Renessenz
Gem Aromatics
Shree Bankey Behari Lal Aromatics
Wanxiang International
Jishui County Shunmin Medicinal
Lvchang Chemical
By the product type, the market is primarily split into
L-Carvone
D-Carvone
By the end users/application, this report covers the following segments
Daily Use Chemical Essence
Food Additive
Pharmaceutical
Agricultural
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Carvone Market Is Supposed to Grow at a Cagr of 3.6% Between 2019 and 2025
Carvone Market status and forecast, categorizes the global market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.