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(IndustryNews247.Com, September 14, 2018 ) Carvone Market is a member of a family of chemicals called terpenoids. Carvone is found naturally in many essential oils, but is most abundant in the oils from seeds of caraway (Carum carvi), spearmint (Mentha spicata), and dill. Carvone is a member of a family of chemicals called terpenoids. Carvone is found naturally in many essential oils, but is most abundant in the oils from seeds of caraway (Carum carvi), spearmint (Mentha spicata), and dill.
Natural D-carvone is founded in mandarin peel oil, while L-carvone is found in ginger grass oil. Carvone can be classified as L-carvone and D-carvone based on its chemical structure. Gum makers producing a spearmint product have a choice of flavoring with spearmint oil, natural L-carvone(derived from spearmint oil), synthetic L-carvone (from citrus fruits) or combinations, L-carvone is often used to enhance spearmint oil. Since there are not enough spearmint crops to satisfy the demand of spearmint flavor, including L-carvone, the synthetic carvone is more popular in consideration of stable supply and cheaper price. Currently L-carvone is the dominant type of carvone sold on the market, and 81.39% of carvone is L-carvone in 2015.
Over the next five years, LPI(LP Information) projects that Carvone will register a 4.1% CAGR in terms of revenue, reach US$ 56 million by 2023, from US$ 44 million in 2017.
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This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players: Paramount Aromachem Renessenz Gem Aromatics Shree Bankey Behari Lal Aromatics Wanxiang International Jishui County Shunmin Medicinal Lvchang Chemical
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like North America (United States, Canada and Mexico) Asia-Pacific (China, Japan, Southeast Asia, India and Korea) Europe (Germany, UK, France, Italy and Russia etc.) South America (Brazil, Chile, Peru and Argentina) Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into L-Carvone D-Carvone Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into Daily Use Chemical Essence Food Additive Pharmaceutical Agricultural Others
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