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.
Scope of the Report:Myrcene has different purity, from 75% to 90% content. With aroma and medical effect of myrcene, the downstream application industries will need more myrcene products. So, myrcene has a huge market potential in the future.Currently, there are many myrcene producing companies in the world. The main players are DRT, Bordas, Florida Chemical, Florachem, Yasuhara Chemical, Natural Aroma Products, Xinghua Natural Spice and Sky Dragon Fine-Chem. The global production of myrcene will increases to 23182 MT in 2020 from 20208 MT in 2014.
In consumption market, Asia-Pacific and Europe are the mainly consumption regions due to the bigger demand of downstream applications. in 2019, these two regions occupied 76.43% of the global consumption volume in total.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status and international competition. Also, there is fluctuation in gross margin.
The worldwide market for Myrcene is expected to grow at a CAGR of roughly 4.1% over the next five years, will reach 109.2 million US$ in 2026, from 89 million US$ in 2020, according to a new study.
This report focuses on the Myrcene in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers DRT
Bordas
Florida Chemical
Florachem
Yasuhara Chemical
Natural Aroma Products
Xinghua Natural Spice
Sky Dragon Fine-Chem
Jiangxi Huayu
Hessence Chemicals
Wansong Forestry
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Myrcene 75%
Myrcene 80%
Myrcene 90%
Others
Market Segment by Applications, can be divided into Flavor and Fragrance
Pharmaceuticals
Others
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Myrcene product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Myrcene, with price, sales, revenue and global market share of Myrcene in 2018 and 2019.
Chapter 3, the Myrcene competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Myrcene breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Myrcene market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Myrcene sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
