Eugenol Market Research Report 2017-26: Size, Share, Revenue, Applications and Demand Analysis

Posted on 2018-07-20 by Mark Hub in Chemicals // 0 Comments

Rockville, US, 2018-Jul-20 — /EPR Network/ — The global market discussion on eugenol industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Eugenol Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on eugenol market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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As per the latest report by Fact.MR, the global market for eugenol is expected to witness robust growth during 2017-2026. The global eugenol market is also projected to increase to 5.4% CAGR in terms of volume. It is estimated to reach US$ 745.1 million revenue by the end of 2026.

Clove and Cinnamon to Emerge as an Important Source of Eugenol

Based on the source type, clove is likely to emerge as a vital source of eugenol. By the end of 2026, clove is estimated to surpass US$ 600 million revenue.

On the basis of end use, the food industry followed by the pharmaceutical industry is expected to witness the highest growth during the forecast period. The food industry is projected to bring in exceed US$ 200 million revenue towards 2026 end.

Based on the application, eugenol is likely to find the largest application as the base ingredient. By the end of the forecast period, eugenol as the base ingredient is estimated to bring in more than US$ 200 million revenue.

Asia Pacific Excluding Japan (APEJ) to Witness Robust Growth in the Global market for Eugenol

APEJ is likely to witness the significant growth in the global eugenol market during the forecast period 2017-2026. Clove is considered a precious spice in APEJ and is also used in various food products to enhance the taste. Clove has one of the richest sources of phenolic compounds known as eugenol. Hence, the production of eugenol is increasing in APEJ region. Indonesia, China, and India are the countries in APEJ witnessing the highest growth in eugenol. Manufacturers are also looking for investing in these countries due to the large availability of sources for eugenol including cloves, nutmeg, cinnamon, basil, etc. Increasing application of essential oils in perfumes, cosmetics, and medicines in APEJ region for a long time is also driving demand for eugenol in essential oils, owing to its various anti-microbial properties.

Key Competitors

Some of the leading companies operating in the global eugenol market are Boc Sciences, Vigon International, Penta Manufacturing Company, Extrasynthese, CV. Indaroma, Berjé, Nusaroma Indonesia Essential Oil, Sigma-Aldrich, Nile Chemicals, and Van Aroma.

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Table of Contents:

Global Economic Outlook
Global Eugenol Market – Executive Summary
2.1. Opportunity Analysis and Megatrends
Global Eugenol Market Overview
3.1. Introduction
3.1.1. Global Eugenol Market Taxonomy
3.1.2. Global Eugenol Market Definition
3.2. Global Eugenol Market Size (US$ Mn and Tons) and Forecast, 2012-2026
3.2.1. Global Eugenol Market Y-o-Y Growth
3.3. Global Eugenol Market Dynamics
3.4. Supply Chain Analysis
3.5. Product Lifecycle Assessment
3.6. Porter’s Analysis
3.7. PESTLE Analysis
3.8. Investment Feasibility Matrix
3.9. Competition Matrix
3.10. Government Regulations and Policies
3.11. Trade Analysis
3.12. Number of Shipments
3.13. Major Clove Producers
3.14. Key Participants Market Presence (Intensity Map) By Region

Continued………

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