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Anethole Market worth $6.06 billion by 2030, growing at a CAGR of 3.67% - Exclusive Report by 360iResearch
Anethole Market | 360iResearch
The Global Anethole Market to grow from USD 4.70 billion in 2023 to USD 6.06 billion by 2030, at a CAGR of 3.67%.
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Anethole, chemically known as 1-methoxy-4-(prop-1-enyl)benzene, is an organic compound that belongs to the class of aromatic compounds known as phenylpropenes. It is primarily identified as a major essential oil component derived from aniseed, fennel, and several other plants. Anethole has various medicinal properties, including antimicrobial, antifungal, and anti-inflammatory effects. As the pharmaceutical industry continues to explore natural and effective ingredients for drug formulation, the demand for anethole is expected to rise. In addition, the shift towards natural and organic cosmetics has opened new avenues for anethole. Anethole is becoming a sought-after ingredient in the formulation of creams, lotions, and perfumes. However, the strict government regulations associated with anethole are a significant challenge faced by manufacturers and suppliers. Furthermore, ongoing research into the health benefits of anethole, including potential anticancer properties, presents significant growth opportunities. Technological advancements in extraction and synthesis techniques also offer the potential to increase yield and reduce production costs, further propelling market growth.
In the Americas, the United States is a significant player in the anethole market primarily due to its developed food and beverage industry, with natural flavorings being increasingly preferred. Consumer trends in the United States are heavily inclined towards organic and non-GMO products, which has fostered the demand for natural anethole. Canada shares similar market dynamics with the recent trends, indicating a surge in health consciousness among consumers in both these countries, leading to increased demand for anethole in nutritional supplements. On the other hand, EMEA is a diverse market for anethole, driven by countries such as Germany, France, and the UK. The EMEA's strict regulations on food additives and flavorings have pushed manufacturers towards natural ingredients, benefiting the anethole market. Consumer preference for traditional beverages and baked goods flavors also contributes to the demand. Eastern European countries are emerging as potential markets with growing food and beverage sectors. Moreover, APAC, encompassing China, Japan, India, and others, is the growing region for anethole owing to its vast population and increasing disposable incomes. China presents a significant market with its extensive use of anethole in food, beverages, and traditional Chinese medicines. While, India follows, with its application in sweets, confectioneries, and Ayurvedic products. Japan's sophisticated consumer base focuses on quality and natural ingredients, thus influencing anethole demand. The region's growing economy and shifting lifestyle choices present significant opportunities for anethole expansion.
Market Segmentation & Coverage:
This research report categorizes the Anethole Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Natural Anethole and Synthetic Anethole. The Synthetic Anethole is projected to witness significant market share during forecast period.
Based on Form, market is studied across Liquid Anethole and Powder Anethole. The Powder Anethole is projected to witness significant market share during forecast period.
Based on Application, market is studied across Flavoring Agent, Fragrance Ingredient, Insect Repellent, and Pharmaceutical Intermediate. The Flavoring Agent is projected to witness significant market share during forecast period.
Based on End-Use Industry, market is studied across Cosmetics & Personal Care Industry, Food and Beverage Industry, and Pharmaceutical Formulations. The Pharmaceutical Formulations is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.21% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Anethole Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Anethole Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Anethole Market, highlighting leading vendors and their innovative profiles. These include ABL Technology Limited, AG Organica, AOS Products Pvt. Ltd., Arora Aromatics Pvt. Ltd., Atul Ltd., Berje Inc., BioCrick BioTech, Biosynth, De Monchy Aromatics, Ernesto Ventós S.A., F&F International, Gramme Products, Gyan Flavours Export Private Ltd., INDIA AROMA OILS AND COMPANY, Mentha and Allied Products Pvt. Ltd, Merck KGaA, Natural Aroma Products Pvt. Ltd., Otto Chemie Pvt. Ltd., Puyer Group, RAKESH SANDAL INDUSTRIES, Shanti Chemicals, Sihauli Chemicals Private Limited, Silverline Chemicals, and Thermo Fisher Scientific Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Anethole Market, by Type
7. Anethole Market, by Form
8. Anethole Market, by Application
9. Anethole Market, by End-Use Industry
10. Americas Anethole Market
11. Asia-Pacific Anethole Market
12. Europe, Middle East & Africa Anethole Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Anethole Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Anethole Market?
3. What is the competitive strategic window for opportunities in the Anethole Market?
4. What are the technology trends and regulatory frameworks in the Anethole Market?
5. What is the market share of the leading vendors in the Anethole Market?
6. What modes and strategic moves are considered suitable for entering the Anethole Market?
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Anethole Prices, Trend & Forecasts | Provided by Procurement Resource
Product Name - Anethole
HS Code - 33012590
Molecular Weight - 148.205 g/mol
Chemical Formula - C10H12O
Synonyms - (E)-1-Methoxy-4-(1-propenyl) benzene, para-Methoxyphenylpropene, p-Propenylanisole, Isoestragole, trans-1, Methoxy-4-(prop-1-enyl) benzene
Currency - US$ (Data can also be provided in local currency)
Supplier Database Availability - Yes
Customization Scope - Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery
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Asia Pacific: China, India, Indonesia, Pakistan,…
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