Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global g-Octalactone Market by Type (Natural, Synthetic), By Application (Food Flavors, Daily Flavors) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global g-Octalactone Market by Type (Natural, Synthetic), By Application (Food Flavors, Daily Flavors) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 456988 4200 Chemical & Material 377 199 Pages 4.9 (47)
                                          

Market Overview:


The global g-Octalactone market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food flavors and daily flavors. Additionally, the growing awareness about health and wellness is also propelling the demand for g-Octalactone in various applications such as food flavors, daily flavors, and others. The global g-Octalactone market by type is segmented into natural and synthetic. The natural segment dominates the global g-Octalactone market with a share of more than 90%. This can be attributed to factors such as rising consumer preference for organic products and stringent regulations against synthetic products across various regions.


Global g-Octalactone Industry Outlook


Product Definition:


g-Octalactone is a lactone that has a 8-carbon backbone. It is important because it can be used to make fragrances and flavors.


Natural:


Natural is a colorless, strong-smelling liquid. It has no taste and is usually clear although it may be slightly yellow or green colored due to the presence of unprocessed plant materials. Natural contains active ingredients such as terpenes, flavonoids, ketones and alcohols that are known for their health benefits.


It also contains essential oils like eucalyptus oil which helps in stimulating the immune system response.


Synthetic:


Synthetic is a chemical that is produced in laboratories by the process of synthesis. It can also be defined as a man-made product, which is created in a laboratory by the process of synthesis. Synthetic products are not found in nature; they are made or derived artificially. The most common types of synthetic chemicals include polymers and petrochemicals among others such as surfactants, pesticides, pharmaceuticals and fertilizers among many others.


Application Insights:


The food flavors segment led the global g-Octalactone market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth of this application segment can be attributed to increasing demand for dairy products, bakery & confectionery products, meat, poultry & seafood products and processed foods among other edible items such as beverages and cosmetics.


The daily flavors segment is expected to witness significant growth over the next eight years owing to rising consumer preference for flavored drinking watermelons and soft drinks coupled with growing use of flavoring agents in various functionalities including beverage flavorings in carbonated soft drinks. This trend has resulted in increased demand for natural g-Octalactone which accounts for approximately 70% of total consumption followed by synthetic compounds that constitute 10% each respectively based on volume within this category globally.


Regional Analysis:


Asia Pacific was the largest regional market in 2017 and is expected to maintain its position during the forecast period. The region accounts for a major part of global g-octalactone market share owing to high product demand from various application sectors, such as food flavors, cosmetics, and pharmaceuticals. China is one of the largest consumers of g-octalactone due to increasing demand from end-use industries coupled with rising health consciousness among consumers.


Europe accounted for over 20% revenue share in 2017 on account of rapid growth in countries like Germany and U.K., where lactones are extensively used as food flavors along with aroma chemicals called furans; however, these countries have imposed restrictions on furan compounds since they are found to be harmful if inhaled or absorbed through skin resulting into negative effects on human health after prolonged exposure.


Growth Factors:


  • Increasing demand for natural flavors and fragrances in food and beverage industry
  • Rising awareness about the benefits of g-Octalactone among consumers
  • Growing popularity of aromatherapy and essential oils
  • Technological advancements in extraction and purification processes of g-Octalactone
  • Rising demand from emerging markets

Scope Of The Report

Report Attributes

Report Details

Report Title

g-Octalactone Market Research Report

By Type

Natural, Synthetic

By Application

Food Flavors, Daily Flavors

By Companies

White Deer Flavor, Anhui Hyea Aromas, Suzhou Youxin Aromatic Chemical, JoRin, Odowell, ZOTEA, Crecle, Anhui Jinrong Flavor&fragrance

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

199

Number of Tables & Figures

140

Customization Available

Yes, the report can be customized as per your need.


Global g-Octalactone Market Report Segments:

The global g-Octalactone market is segmented on the basis of:

Types

Natural, Synthetic

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Food Flavors, Daily Flavors

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. White Deer Flavor
  2. Anhui Hyea Aromas
  3. Suzhou Youxin Aromatic Chemical
  4. JoRin
  5. Odowell
  6. ZOTEA
  7. Crecle
  8. Anhui Jinrong Flavor&fragrance

Global g-Octalactone Market Overview


Highlights of The g-Octalactone Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Natural
    2. Synthetic
  1. By Application:

    1. Food Flavors
    2. Daily Flavors
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the g-Octalactone Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global g-Octalactone Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


G-Octalactone is a chemical compound with the molecular formula C8H10O4. It is a colorless, odorless, water soluble liquid that has been used in perfumes and as an additive to food products.

Some of the major players in the g-octalactone market are White Deer Flavor, Anhui Hyea Aromas, Suzhou Youxin Aromatic Chemical, JoRin, Odowell, ZOTEA, Crecle, Anhui Jinrong Flavor&fragrance.

The g-octalactone market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 g-Octalactone Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 g-Octalactone Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 g-Octalactone Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the g-Octalactone Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global g-Octalactone Market Size & Forecast, 2020-2028       4.5.1 g-Octalactone Market Size and Y-o-Y Growth       4.5.2 g-Octalactone Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Natural
      5.2.2 Synthetic
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Food Flavors
      6.2.2 Daily Flavors
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global g-Octalactone Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 g-Octalactone Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Natural
      9.6.2 Synthetic
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Food Flavors
      9.10.2 Daily Flavors
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Natural
      10.6.2 Synthetic
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Food Flavors
      10.10.2 Daily Flavors
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Natural
      11.6.2 Synthetic
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Food Flavors
      11.10.2 Daily Flavors
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Natural
      12.6.2 Synthetic
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Food Flavors
      12.10.2 Daily Flavors
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Natural
      13.6.2 Synthetic
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Food Flavors
      13.10.2 Daily Flavors
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 g-Octalactone Market: Competitive Dashboard
   14.2 Global g-Octalactone Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 White Deer Flavor
      14.3.2 Anhui Hyea Aromas
      14.3.3 Suzhou Youxin Aromatic Chemical
      14.3.4 JoRin
      14.3.5 Odowell
      14.3.6 ZOTEA
      14.3.7 Crecle
      14.3.8 Anhui Jinrong Flavor&fragrance

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