Global Terpenes Market Report By Type (Pinene, Limonene, Others), Application (Cosmetic, Pharmaceutical, Food and Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11211447
January 2021
Report Formats:
Global Terpenes Market Overview
 
The global Terpenes Market was valued at USD 510.9 MN in 2019 and is projected to grow at a CAGR of 8.5% between 2020 and 2026. Whereas in terms of volume, the global Terpenes market was 112.6 KT in 2019 and is expected to grow at a CAGR of 7.5% over the forecast period. Terpenes, often referred to as terpenoids, are aromatic organic hydrocarbons with a strong odor. They are usually found in plants and commercially obtained from petrochemicals. Factors such as rising consumer preference for natural-based personal care products globally is driving the market. In addition to this, due to its strong odor and has strong resistance capabilities, it is broadly used in various applications. Rising demand in many end-use industries such as food and beverages, pharmaceuticals, cosmetics, and others propels the market.
 
Terpenes have few medicinal properties, which make them suitable for the pharmaceutical industry. terpene is applicable to the prevention and treatment of cancer. The rising number of cancer patients and the growing occurrences of skin-related diseases worldwide are driving the market. other therapeutic uses of terpenes include antimicrobial, antifungal, antiviral, anti-inflammatory, antioxidants, and skin permeation enhancers. Further, many personal care products are far from natural. most on the market today contain harmful petrochemicals and mineral oils that dehydrate the skin, clog the pores, put harsh chemicals into your body, and irritate sensitive skin. terpenes have offered pure, potent fragrance for the skin, hair, and teeth products. throughout the ages, terpenes have been used for countless skincare needs, from face cream to baldness. thus, growing consumer awareness of synthetic chemicals and increasing demand for natural personal care products is expected to accelerate the market growth in the near future. however, the most significant challenge for the terpenes market is the rising prices of high-quality products. producing the purest of terpenes can be very expensive because it may require hundreds of pounds to extract 1 pound of pure terpenes from plants. 
 
In terms of an opportunity, linalool finds a broad spectrum of applications in the chemical industry. In the chemical industry, its mainly used as a chemical intermediate. linalool is mainly used in cleaning products, perfumed hygiene, and scent ingredients such as lotions, soaps, shampoos, and detergents are rising the demand for the linalool market. ever rising application base for linalool is expected to further fuel the growth of the terpenes market in the years to come.
 
The global terpenes market is highly competitive, owing to the presence of significant local players. prominent companies operating in the terpene market include Arora Aromatics, Mentha and Allied Products, AOS Products, Kraton, Natural Fractions, Interstate Commodities, Himachal Terpene Products, YASUHARA CHEMICAL, and Jiangxi Jishui Xinghua Natural Spice. Market players are engaged in technological advancements to produce unique products and achieve the industrial scale of terpene production.


 In this market research report, the market is segmented by product, application, and region.
 
Analysis by Product
The market has been segmented into pinene, limonene, linalool, and others in terms of product. pinene is dominating the product segment accounting for more than 40% market share in terms of both volume and revenue in 2019, and is expected to maintain its dominancy over the forecast period. pinene is one of the naturally abundant terpenes. Growing medicinal uses of pinene are estimated to drive segment growth during the forecast period. studies have demonstrated its beneficial effects on the body and could treat some severe illnesses like cancer. This is projected to create a new opportunity for segment growth. It has many therapeutic benefits, used as an anti-inflammatory, expectorant, bronchodilator, and local antiseptic to improve airflow to the lungs and protect from ulcers. α-has showed anti-cancer activity and has been used as an anti-cancer agent in traditional Chinese medicines for many years.
 
Analysis by Application 
Based on application, the market is categorized into cosmetic, pharmaceutical, food, and others. Cosmetic is leading the application segment accounting for more than 35% market share of the total market in terms of volume and revenue in 2019, followed by pharmaceuticals. terpenes have been broadly used in the cosmetic industry for decades due to their potent aroma and skin healing properties; their complex fragrances make them an easy choice to include in topical cosmetics and beauty products. terpenes hold a lot of potential in skincare. They offer potential benefits to skin health and appearance owing to excellent permeation-enhancing ability.
 
Furthermore, terpene offers a broad range of medical benefits containing antimicrobial, antiseptic, and even anti-carcinogen effects. thus, the pharmaceutical segment is growing at a rapid pace. The rise in usage of flavors in dietary supplements and pharmaceutical and nutraceutical applications is also likely to boost market growth during the forecast period. 
 
Analysis by Region
Globally, the market has been categorized into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The Asia Pacific region held the largest market share in terms of both volume and revenue in 2019. A vast and growing consumer base of the terpenes industry creates an opportunity for producers to serve a significant market and make money in the region. rapidly increasing spendable income and innovative products offered by manufacturers are expected to boost the forecast interval's terpenes industry. demand from businesses that manufacture food, cosmetics, toiletries, soaps, detergent, and household products is predicted to increase market growth. terpenes based aroma products are an excellent option for food and beverage businesses looking to add flavor to their products. The need for fragrance in soaps and detergents was one of the market drivers. terpenes are a necessary ingredient for manufacturers in cosmetics, food and beverage, and personal care products.
 
The increase in demand from developing countries like China, India, and Japan and vital technological advancements have improved the terpenes market. the Asia Pacific ranks highest in terms of consumption. potential prospects are expected to contribute to a substantial gain in manufacturing activity, personal grooming, and consumer expenditure. The region will post the fastest growth and remain the largest market due to its large food & beverage industry.
 
Market Segmentation covered in the Report:
 
By Type
  • Pinene
  • Limonene
  • Linalool
  • Others
 
By Application
  • Cosmetic
  • Pharmaceutical
  • Food
  • Others
 
By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
 
METHODOLOGY:
 
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources,  Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
 
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . TERPENES – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Type
           3.7.2 By Application
           3.7.3 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL TERPENES MARKET ANALYSIS BY TYPE
       6.1 Overview by Type
       6.2 Historical and Forecast Data
       6.3 Analysis by Type
       6.4 Pinene Market by Regions
       6.6 Limonene Market by Regions
       6.5 Linalool Market by Regions
       6.7 Others Market by Regions
 
7 . GLOBAL TERPENES MARKET ANALYSIS BY APPLICATION
       7.1 Overview by Application
       7.2 Historical and Forecast Data
       7.3 Analysis by Application
       7.4 Cosmetic Market by Regions
       7.5 Pharmaceutical Market by Regions
       7.6 Food Market by Regions
       7.7 Others Market by Regions
 
8 . GLOBAL TERPENES MARKET ANALYSIS BY GEOGRAPHY
       8.1. Regional Outlook
       8.2. Introduction
       8.3. North America
           8.3.1. Overview, Historic and Forecast Data
           8.3.2. North America By Segment
           8.3.3. North America By Country
           8.3.4. United State
           8.3.5. Canada
           8.3.6. Mexico
       8.4. Europe
           8.4.1. Overview, Historic and Forecast Data
           8.4.2. Europe by Segment
           8.4.3. Europe by Country
           8.4.4. United Kingdom
           8.4.5. France
           8.4.6. Germany
           8.4.7. Italy
           8.4.8. Russia
           8.4.9. Rest Of Europe
       8.5. Asia Pacific
           8.5.1. Overview, Historic and Forecast Data
           8.5.2. Asia Pacific by Segment
           8.5.3. Asia Pacific by Country
           8.5.4. China
           8.5.5. India
           8.5.6. Japan
           8.5.7. South Korea
           8.5.8. Australia
           8.5.9. Rest Of Asia Pacific
       8.6. Latin America
           8.6.1. Overview, Historic and Forecast Data
           8.6.2. Latin America by Segment
           8.6.3. Latin America by Country
           8.6.4. Brazil
           8.6.5. Argentina
           8.6.6. Peru
           8.6.7. Chile
           8.6.8. Rest of Latin America
       8.7. Middle East & Africa
           8.7.1. Overview, Historic and Forecast Data
           8.7.2. Middle East & Africa by Segment
           8.7.3. Middle East & Africa by Country
           8.7.4. Saudi Arabia
           8.7.5. UAE
           8.7.6. Israel
           8.7.7. South Africa
           8.7.8. Rest Of Middle East And Africa
 
9 . COMPETITIVE LANDSCAPE OF THE TERPENES COMPANIES
       9.1. Terpenes Market Competition
       9.2. Partnership/Collaboration/Agreement
       9.3. Merger And Acquisitions
       9.4. New Product Launch
       9.5. Other Developments
 
10 . COMPANY PROFILES OF TERPENES INDUSTRY
       10.1. Company Share Analysis
       10.2. Market Concentration Rate
       10.3. Arora Aromatics
           10.3.1. Company Overview
           10.3.2. Financials
           10.3.3. Products
           10.3.4. Recent Developments
       10.4. Mentha and Allied Products
           10.4.1. Company Overview
           10.4.2. Financials
           10.4.3. Products
           10.4.4. Recent Developments
       10.5. AOS Products
           10.5.1. Company Overview
           10.5.2. Financials
           10.5.3. Products
           10.5.4. Recent Developments
       10.6. Kraton
           10.6.1. Company Overview
           10.6.2. Financials
           10.6.3. Products
           10.6.4. Recent Developments
       10.7. Natural Fractions
           10.7.1. Company Overview
           10.7.2. Financials
           10.7.3. Products
           10.7.4. Recent Developments
       10.8. Interstate Commodities
           10.8.1. Company Overview
           10.8.2. Financials
           10.8.3. Products
           10.8.4. Recent Developments
       10.9. Himachal Terpene Products
           10.9.1. Company Overview
           10.9.2. Financials
           10.9.3. Products
           10.9.4. Recent Developments
       10.10. YASUHARA CHEMICAL
           10.10.1. Company Overview
           10.10.2. Financials
           10.10.3. Products
           10.10.4. Recent Developments
       10.11. Jiangxi Jishui Xinghua Natural Spice
           10.11.1. Company Overview
           10.11.2. Financials
           10.11.3. Products
           10.11.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Type (Kilo Tons and USD MN)
  •  Pinene Market by Geography (Kilo Tons and USD MN)
  •  Limonene Market by Geography (Kilo Tons and USD MN)
  •  Linalool Market by Geography (Kilo Tons and USD MN)
  •  Others Market by Geography (Kilo Tons and USD MN)
  •  Analysis Market by Application (Kilo Tons and USD MN)
  •  Cosmetic Market by Geography (Kilo Tons and USD MN)
  •  Pharmaceutical Market by Geography (Kilo Tons and USD MN)
  •  Food Market by Geography (Kilo Tons and USD MN)
  •  Others Market by Geography (Kilo Tons and USD MN)
  •  Global Terpenes Market by Geography (Kilo Tons and USD MN)
  •  North America Market Analysis (Kilo Tons and USD MN)
  •  United State Market Analysis (Kilo Tons and USD MN)
  •  Canada Market Analysis (Kilo Tons and USD MN)
  •  Mexico Market Analysis (Kilo Tons and USD MN)
  •  Europe Market Analysis (Kilo Tons and USD MN)
  •  Europe Market Estimate by Country (Kilo Tons and USD MN)
  •  United Kingdom Market Analysis (Kilo Tons and USD MN)
  •  France Market Analysis (Kilo Tons and USD MN)
  •  Germany Market Analysis (Kilo Tons and USD MN)
  •  Italy Market Analysis (Kilo Tons and USD MN)
  •  Russia Market Analysis (Kilo Tons and USD MN)
  •  Spain Market Analysis (Kilo Tons and USD MN)
  •  Rest of Europe Market Analysis (Kilo Tons and USD MN)
  •  Asia Pacific Market Analysis (Kilo Tons and USD MN)
  •  China Market Analysis (Kilo Tons and USD MN)
  •  Japan Market Analysis (Kilo Tons and USD MN)
  •  India Market Analysis (Kilo Tons and USD MN)
  •  South Korea Market Analysis (Kilo Tons and USD MN)
  •  Australia Market Analysis (Kilo Tons and USD MN)
  •  Rest of Asia Pacific Market Analysis (Kilo Tons and USD MN)
  •  Latin America Market Analysis (Kilo Tons and USD MN)
  •  Brazil Market Analysis (Kilo Tons and USD MN)
  •  Argentina Market Analysis (Kilo Tons and USD MN)
  •  Peru Market Analysis (Kilo Tons and USD MN)
  •  Chile Market Analysis (Kilo Tons and USD MN)
  •  Rest of Latin America Market Analysis (Kilo Tons and USD MN)
  •  Middle East & Africa Market Analysis (Kilo Tons and USD MN)
  •  Saudi Arabia Market Analysis (Kilo Tons and USD MN)
  •  UAE Market Analysis (Kilo Tons and USD MN)
  •  Israel Market Analysis (Kilo Tons and USD MN)
  •  South Africa Market Analysis (Kilo Tons and USD MN)
  •  Rest of Middle East and Africa Market Analysis (Kilo Tons and USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Terpenes Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Terpenes Market Size, by Region (Kilo Tons and USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Type
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Type (Kilo Tons and USD MN)
  •  Pinene Market by Geography (Kilo Tons and USD MN)
  •  Limonene Market by Geography (Kilo Tons and USD MN)
  •  Linalool Market by Geography (Kilo Tons and USD MN)
  •  Others Market by Geography (Kilo Tons and USD MN)
  •  Global Market Analysis by Application (Kilo Tons and USD MN)
  •  Cosmetic Market by Geography (Kilo Tons and USD MN)
  •  Pharmaceutical Market by Geography (Kilo Tons and USD MN)
  •  Food Market by Geography (Kilo Tons and USD MN)
  •  Others Market by Geography (Kilo Tons and USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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