The global mesifurane market is expected to reach USD 153.8
million by 2025, according to a new report by Grand View Research, Inc.
Inclination of consumers towards high-quality processed foods in emerging
economies such as India and China is likely to boost demand for fresh and
aromatic food additives such as mesifurane.
The compound occurs naturally in
fruits such as strawberries, and has a strong, fruity aroma, making it ideal
for cosmetic and personal care applications such as fragrances. Flavor &
fragrance companies are also shifting their focus towards development of
innovative organic flavors for various applications.
Companies such as Frutarom and
Firmenich have developed unique products and technologies respectively, to
cater to transitioning consumer food preferences. The cosmetics & personal
care industry is also generating demand for mesifurane compounds as manufacturers
seek to substitute other potentially toxic chemicals with these safer
alternatives.
Browse full research report on Mesifurane Market: http://www.grandviewresearch.com/industry-analysis/mesifurane-market
Further key findings from
the report suggest:
- The global mesifurane demand was estimated at 6,080
tons in 2015 and is expected to grow at a CAGR of 4.8% from 2016 to 2025
- Animal feed is expected to emerge as the second
fast-growing segment after food & beverages owing to increasing meat
consumption & the demand for nutritional, yet flavorsome animal feed
products
- Global pharmaceuticals industry is also expanding at
a rapid rate, specifically in emerging economies as a result of rising
geriatric population and prevailing diseases
- The food & beverages segment is expected to
remain the dominant application, occupying about 61% of the volume share
in 2015, as strawberry-flavored drinks are gaining popularity
- Consumers are also increasingly preferring exotic
fruits as compared to seasonal products, while favorable regulations
encouraging foreign investments in this sector are contributing to
industry expansion
- Manufacturers are increasingly preferring the
chemical as an intermediate in various cosmetic formulations owing to its
strong and pleasant fragrance
- Asia Pacific is anticipated to emerge as the
fastest-growing region with 5.2% CAGR in terms of volume from 2016 to
2025. Favorable government policies in emerging economies regarding
agricultural development is boosting animal feed market growth which is conducive
to mesifurane demand
- Key suppliers and developers in the industry include
Sigma-Aldrich, The Good Scents Company, Shandong Yaroma Perfumery Co.
Ltd., Ruiyuan Flavor Co. Ltd., Penta Manufacturing Co., Natural Advantage
and United International Co. Ltd.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances
Grand View Research has segmented the global mesifurane
market on the basis of application and region:
Application Outlook (Volume, Tons; Revenue, USD Million,
2014 - 2025)
- Food
& Beverages
- Pharmaceuticals
- Animal
Feed
- Others
Regional Outlook (Volume, Tons; Revenue, USD Million,
2014 - 2025)
- North
America
- U.S.
- Europe
- Asia
Pacific
- China
- Central
& South America
- Middle
East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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