Industrial Grade Valencene Market size was valued at USD 200 Million in 2024 and is forecasted to grow at a CAGR of 6.5% from 2026 to 2033, reaching USD 350 Million by 2033.
The Industrial Grade Valencene market was valued at approximately USD 1.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.2% from 2023 to 2030. The increasing demand for industrial grade valencene in the food and beverage, cosmetics, and fragrance industries, along with its growing application in natural flavors and fragrances, is driving market expansion. The market is projected to reach USD 2.5 billion by 2030. North America accounted for the largest share of the market in 2022, primarily due to the high demand for valencene in the region’s food and beverage and cosmetics sectors. The North American market was valued at USD 450 million in 2022 and is expected to expand at a CAGR of 7.5% during the forecast period.
In addition to North America, Europe and Asia Pacific are expected to witness significant growth in the industrial grade valencene market. The European market, valued at USD 300 million in 2022, is projected to grow at a CAGR of 8.0%, driven by increasing consumer preference for natural ingredients in personal care products. Asia Pacific, with its burgeoning fragrance and flavor industries, is anticipated to see the highest growth rate, with a CAGR of 9.0%. The market size in the Asia Pacific region was estimated at USD 250 million in 2022 and is expected to reach USD 600 million by 2030. The rising demand for clean label products and the shift toward sustainable natural ingredients offer considerable growth opportunities in emerging markets such as India and China.
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Isobionics (BASF)
Evolva Holding
International Flavors & Fragrances
Inc.
Döhler
The Lebermuth Co.
Inc.
ADM
Citrus and Allied Essences
Cvista LLC
Bedoukian Research
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Industrial Grade Valencene Market
Flavors
Fragrances
Pharmaceuticals
Agrochemicals
Food and Beverage
Personal Care Products
Household Care
Cosmetics and Toiletries
Natural Valencene
Synthetic Valencene
Concentrates
Diluted Solutions
Powders
Direct Sales
Online Retail
Distributors
B2B Marketplaces
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Industrial Grade Valencene Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Industrial Grade Valencene Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Industrial Grade Valencene Market, By Type
6. Global Industrial Grade Valencene Market, By Application
7. Global Industrial Grade Valencene Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Industrial Grade Valencene Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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