This report studies the Terpenes market, Terpenes are a large and diverse class of organic compounds, produced by a variety of plants, particularly conifers, and by some insects such as termites or swallowtail butterflies, which emit terpenes from their osmeteria. They often have a strong odor and may protect the plants that produce them by deterring herbivores and by attracting predators and parasites of herbivores. The difference between terpenes and terpenoids is that terpenes are hydrocarbons, whereas terpenoids contain additional functional groups.
In recent years, with the increasing demand, the consumption of Terpenes increased at a stable speed. During 2012~2016, the global sales growth rate is larger than 5% every year.
Now, investors are still optimistic about the Terpenes industry. In the next few years, more and more enterprises will enter this industry and the sales growth rate is forecasted to be about 5.63%.
Despite the decreasing gross margin of integrated development model, more and more enterprises will attempt to front-end and back-end integration.
According to this study, over the next five years the Terpenes market will register a 6.3% CAGR in terms of revenue, the global market size will reach US$ 730 million by 2024, from US$ 510 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Terpenes business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Terpenes market by product type, application, key manufacturers and key regions and countries.
This study considers the Terpenes value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Pinene
Limonene
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Cosmetic
Pharmaceutical
Food
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Arora Aromatics
Mentha & Allied Products
AOS Products
Kraton
Natural Fractions
Interstate Commodities
Himachal Terepene Products
YASUHARA CHEMICAL
Jiangxi Jishui Xinghua Natural Spice
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Terpenes consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Terpenes market by identifying its various subsegments.
Focuses on the key global Terpenes manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Terpenes with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Terpenes submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Terpenes . Industry analysis & Market Report on Terpenes is a syndicated market report, published as Global Terpenes Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Terpenes market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.