Market Overview:
The global γ-nonanoic lactone market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food flavors and daily flavors. In addition, the growing awareness about the benefits of γ-nonanoic lactone is also contributing to the growth of this market. The global γ-nonanoic lactone market can be segmented on the basis of type and application. On the basis of type, it can be divided into natural and synthetic γ-nonanoic lactones. The natural segment is expected to grow at a higher CAGR than that of synthetic during the forecast period from 2018 to 2030 owing to its properties such as flavor enhancement, sweetness, and mouthfeel improvement. On the basis of application, it can be classified into food flavors and daily flavors segments.
Product Definition:
γ-Nonanoic lactone is a compound that is found in some fruits and vegetables. It has a sour taste and is used as a flavoring agent.
Natural:
Natural is derived from plant or animal sources. It can also be produced by chemical synthesis and fermentation. Natural products are obtained from the whole source or used as a raw material in other processes. The main function of natural products is to serve as a basis for pharmaceuticals, cosmetics, and food additives production (F&B).
Synthetic:
Synthetic is a chemical made up of laboratory produced or natural materials. It has properties different from the natural products and can be used for manufacturing various chemicals. Synthetic products are cheaper than their biological counterparts as they do not have high production costs attached to them, but this comes at the cost of reduced performance and quality. Synthetics are also referred to as man-made or artificial materials; hence, these terms should be understood interchangeably in this article.
Application Insights:
The global γ-nonanoic lactone market is segmented based on application into food flavors, daily flavors and others. The food flavors segment dominated the overall industry in terms of revenue share in 2017. This can be attributed to the extensive usage of this compound as a flavor enhancer in various foods such as cheese, bakery products, meat products and salad dressings among others.
γ-Nonanoic lactone has been used for centuries by several cultures around the world for flavoring their foods and beverages which is one of the major factors contributing to its high consumption rate globally. In addition, it also finds applications as an antimicrobial agent that helps preserve processed meat during cold storage among other uses such as being used for cleaning wounds or skin infections due to its strong antibacterial properties among others.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand from countries, such as the U.K., Germany, and France. The region is expected to dominate the global γ-nonanoic lactone market over the forecast period due to increasing consumer preference for natural flavors and food flavors in daily meals. Asia Pacific is projected to be one of the fastest-growing markets during the forecast years on account of rising product demand from end-use industries, such as pharmaceuticals and cosmetics.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and flavors and fragrances.
- Growing awareness about the benefits of γ-nonanoic lactone among consumers.
- Rising investments by key players in R&D to develop new applications for γ-nonanoic lactone.
- Technological advancements in extraction and purification processes of γ-nonanoic lactone that is expected to reduce production costs over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
γ-Nonanoic Lactone 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, Symrise Group, KAO
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global γ-Nonanoic Lactone Market Report Segments:
The global γ-Nonanoic Lactone 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:
- White Deer Flavor
- Anhui Hyea Aromas
- Suzhou Youxin Aromatic Chemical
- JoRin
- Odowell
- ZOTEA
- Crecle
- Anhui Jinrong Flavor&fragrance
- Symrise Group
- KAO
Highlights of The γ-Nonanoic Lactone Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural
- Synthetic
- By Application:
- Food Flavors
- Daily Flavors
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the γ-Nonanoic Lactone 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.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
γ-Nonanoic lactone is a type of fatty acid that is found in plants. It has a chemical name of C10H16O2 and it has the molecular formula C10H16O2. γ-Nonanoic lactone is also known as gamma-linolenic acid or GLA.
Some of the major players in the î³-nonanoic lactone market are White Deer Flavor, Anhui Hyea Aromas, Suzhou Youxin Aromatic Chemical, JoRin, Odowell, ZOTEA, Crecle, Anhui Jinrong Flavor&fragrance, Symrise Group, KAO.
The ³-nonanoic lactone market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 γ-Nonanoic Lactone 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 γ-Nonanoic Lactone Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 γ-Nonanoic Lactone 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 γ-Nonanoic Lactone 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 γ-Nonanoic Lactone Market Size & Forecast, 2020-2028 4.5.1 γ-Nonanoic Lactone Market Size and Y-o-Y Growth 4.5.2 γ-Nonanoic Lactone 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 γ-Nonanoic Lactone 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 γ-Nonanoic Lactone 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 γ-Nonanoic Lactone Market: Competitive Dashboard
14.2 Global γ-Nonanoic Lactone 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
14.3.9 Symrise Group
14.3.10 KAO