U.S.
Mesifurane market volume by product, 2014 - 2025 (Tons)
|
The global mesifurane market is expected to reach USD
153.8 million by 2025, according to a new report by Grand View Research, Inc.
Inclination of consumers towards high-quality processed foods in emerging
economies such as India and China is likely to boost demand for fresh and
aromatic food additives such as mesifurane.
The compound occurs naturally in fruits
such as strawberries, and has a strong, fruity aroma, making it ideal for
cosmetic and personal care applications such as fragrances. Flavor &
fragrance companies are also shifting their focus towards development of
innovative organic flavors for various applications.
Companies such as Frutarom and Firmenich
have developed unique products and technologies respectively, to cater to
transitioning consumer food preferences. The cosmetics & personal care
industry is also generating demand for mesifurane compounds as manufacturers
seek to substitute other potentially toxic chemicals with these safer
alternatives.
Full Research Report On Mesifurane Market Analysis:
Further key findings from the report suggest:
·
The global mesifurane demand
was estimated at 6,080 tons in 2015 and is expected to grow at a CAGR of 4.8%
from 2016 to 2025
·
Animal feed is expected to
emerge as the second fast-growing segment after food & beverages owing to
increasing meat consumption & the demand for nutritional, yet flavorsome
animal feed products
·
Global pharmaceuticals industry
is also expanding at a rapid rate, specifically in emerging economies as a
result of rising geriatric population and prevailing diseases
·
The food & beverages
segment is expected to remain the dominant application, occupying about 61% of
the volume share in 2015, as strawberry-flavored drinks are gaining popularity
·
Consumers are also increasingly
preferring exotic fruits as compared to seasonal products, while favorable
regulations encouraging foreign investments in this sector are contributing to
industry expansion
·
Manufacturers are increasingly
preferring the chemical as an intermediate in various cosmetic formulations
owing to its strong and pleasant fragrance
·
Asia Pacific is anticipated to
emerge as the fastest-growing region with 5.2% CAGR in terms of volume from
2016 to 2025. Favorable government policies in emerging economies regarding agricultural
development is boosting animal feed market growth which is conducive to
mesifurane demand
·
Key suppliers and developers in
the industry include Sigma-Aldrich, The Good Scents Company, Shandong Yaroma
Perfumery Co. Ltd., Ruiyuan Flavor Co. Ltd., Penta Manufacturing Co., Natural
Advantage and United International Co. Ltd.
View More Reports Of This Category By Grand View Research
At: https://www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances
Grand View Research has segmented the
global mesifurane market on the basis of application and region:
Application Outlook (Volume, Tons; Revenue, USD Million,
2014 - 2025)
·
Food & Beverages
·
Pharmaceuticals
·
Animal Feed
·
Others
Regional Outlook (Volume, Tons; Revenue, USD Million,
2014 - 2025)
·
North America
o U.S.
·
Europe
·
Asia Pacific
o China
·
Central & South America
·
Middle East & Africa
Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-mesifurane-market
https://www.grandviewresearch.com/press-release/global-mesifurane-market
About Grand View
Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/
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