Scope of Global Eugenol Market: Analysis, Size, Share, Demand, Growth, Trends and Forecast 2017 - 2026

Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Eugenol MarketForecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2026” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the globalEugenol Market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2022.

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Eugenol is being viewed as an effective therapeutic tool, which can be incorporated in various food products and herbal medicines to contend considerable metabolic disorders. On account of its significant antimicrobial properties, eugenol seeks application in inhibiting growth of the microbial populations in several food products.

According to Fact.MR’s recent research report, the global market for eugenol is projected to reflect an impressive 6.0% CAGR, in terms of value, over the forecast period, 2017 to 2026. More than 37,000 tons of eugenol are anticipated to be sold across the globe by 2026-end.

Eugenol to Seek Significant Adoption as Potential Chemotherapeutic Agent

Predominantly sought in spices including basil, cinnamon, clove and nutmeg, eugenol comprises potent anti-stress and neuro-protective properties. In light of these properties, eugenol hold potential of inhibiting transmission in sciatic nerves, and improving neuronal complications. In addition, novel strategies implemented in cancer prevention have initiated utilization of eugenol as one of the potential chemotherapeutic agent. Synergistic effect of eugenol combined with chemo-preventive drugs significantly help in reducing drug toxicity in normal cells, meanwhile augmenting cytotoxicity of synthetic agents. Inhibitory action of eugenol & iso-eugenol have been suggested against melanoma cell lines, as it induces apoptosis and leads to cell cycle arrest, thereby curtailing cell proliferation in cancer patients.

Among various strategies employed for combating diabetes, diet remains radical in keeping blood-sugar level balanced. Researchers have inclined their preference toward diet-based regime for treating various metabolic disorders. Hyper-glycosylation of bioactive molecules have been associated with metabolic pathways and elimination of pathologies. Eugenol is considered to be a key bioactive molecule, which is present is spices and has anti-diabetic potential. This has further resulted into robust adoption of eugenol and its derivatives in diet plans of diabetic patients, whose number is witnessing a significant surge worldwide.

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.

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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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