Dipentene Market Size by Key Players: Mangalam Organics Limited, Florida Chemical Company, Vigon International, Toronto research Chemicals

The dipentene market is diverse and has few multi-national players and massive number of local & regional medium scale companies. The dipentene industry has market players including International Flavors & Fragrances, Inc., Mangalam Organics Limited, Mentha and Allied Pvt. Ltd., Penta International Corporation, Florachem Corporation and Florida Chemical Company. Mergers and joint ventures are prime strategies adopted by companies operating in dipentene market. For instance, in February 2018 DRT, global producer of ingredients derived from plant-based chemistry, and Mangalam Organics Ltd. entered into a supply and distribution agreement for terpene resins.

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Dipentene is widely used in food & beverage industry as flavor and additive. Food grade dipentene is a biodegradable solvent which has a pleasant orange aroma and used as a flavor and fragrance additive in food products and bottled beverages. Limonene is generally recognized as safe (GRAS) to be used as a flavoring agent and is usually found in food items such as soft drinks, fruit juices, pudding, ice cream and baked goods.

Rising living standards across Asia Pacific and Latin American countries is a result of increased disposable income of consumers who are gradually turning towards packaged food and drinks. Rapid urbanization and a range of other demographic changes such as ageing population and growth in supermarket retail has propelled processed/packaged food demand in these nations. Another factor which is responsible for accelerating processed food demand is the gradual liberalization of international food trade which has led to relaxation in trade tariffs and other taxes & duties. These factors altogether have contributed in this exponential growth of food & beverage industry across the globe. The promising growth of food & beverage industry in the coming years shall positively influence dipentene market demand across the forecast timeframe.

Food grade dipentene has purity close to 99%. The product is advisable for human consumption and has numerous health benefits associated with it. It is extensively used in food products, beverages composition, personal care products & cosmetics and several drugs & medicines. All these end-users are slated to witness exponential demand in the next few years in regions including Asia Pacific and Middle East, which will ultimately fuel dipentene market demand over the forecast duration.

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Dipentene market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD thousand from 2013 to 2024, for the following segments:

Dipentene Market, Grade by End-user

o Food grade
o Personal care
o Food & beverage
o Pharmaceutical
o Technical grade
o Electronics
o Chemicals
o Paints & coatings
o Rubber
o Agriculture
o Others

Dipentene Market by End-user

o Personal care
o Food & beverage
o Pharmaceutical
o Electronics
o Chemical
o Paints & coatings
o Rubber
o Agriculture
o Others

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Overview of the food grade limonene market in the pharmaceutical industry:

It is a well-established fact that natural substances are much more suited for preparing drugs for treating various type of ailments, with attempts underway worldwide to incorporate these substances in vital medications. Limonene is also one such substance that has gained traction within the pharmaceutical segment owing to its skin penetration and anti-inflammatory properties, promulgating the acceptance of the limonene industry in achieving health benefits. Over the years a number of tests have further confirmed the utility of limonene in relieving pain, heartburn and other prevalent health issues. For instance, results of a study conducted on 19 people who took heartburn medications revealed that 17 of them showed no heartburn symptoms when they took only limonene every day for two weeks.

In a separate sturdy, the substance was found to be useful in reducing the inflammations in the gut more effectively than other alternatives. It was observed to improve the bowel movement within adults, inducing regularity in people who had difficulties with regular bowel habits. The limonene market has also been efficacious in catering to the pharmaceutical segment associated with curing patients experiencing gallstone problems. A U.S. institute has estimated that around 800,000 operations across the country are performed each year to treat gallstones, with almost 10 to 15 percent of adults suffering from the disease. Limonene or limonene helps to dissolve the remaining gallstones after a gallstone removal surgery, providing an easier and less invasive method of completing the treatment.

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