During the projected period, the global valencene market is expected to grow at a CAGR of 5.2%. The market value is anticipated to increase from USD 5.5 Million in 2023 to USD 9.2 Million by 2033.
Valencene is a natural compound found in Valencia oranges and is used as a flavoring agent in the food & beverage industry. Rising demand for natural food & beverage ingredients and growing awareness about various health benefits of valencene are the major factors driving sales in the global market.
However, the high cost of valencene and stringent regulations regarding its use are restraining growth in this market to some extent. Valencene is used in various applications such as beverages, desserts, savory dishes, and others.
Moreover, valencene is considered to be the primary flavor compound in the popular citrus beverage named Orangina. It is also used as a flavoring agent in a wide variety of food and beverage products, including soft drinks, hard candies, ice creams, and chewing gums.
The market is expected to grow significantly in the next ten years. The compound is already being used in a wide range of products, and its popularity is only expected to increase. There are numerous opportunities for key companies that produce valencene-based products, and the market is set to expand with the easy availability of such products.
On the other hand, there are several factors that may limit its use in food applications. One major issue is its low solubility in water. This means that it cannot be used as a direct flavoring agent in products such as soft drinks or juices.
Instead, it must be added to the product in the form of an oil or emulsion. This can increase the cost of production and may also affect the final flavor of the product. Another factor that can limit the use of valencene is its relatively high boiling point. This means that it can easily be lost during processing, thereby leading to a loss of flavor.
Furthermore, one of the most popular current trends in the market is the use of valencene in natural flavoring. The compound has a unique orange flavor that can be used to enhance the taste of many foods and beverages. It is also becoming increasingly popular as an ingredient in cosmetics and skin care products due to its pleasant scent and skin-loving properties.
Another current trend is the use of valencene as a dietary supplement. The compound has many health benefits, including supporting cardiovascular health, reducing inflammation, and boosting immunity. Valencene supplements are becoming increasingly popular among people who are looking for various ways to improve their overall health and well-being.
| Attributes | Key Insights |
|---|---|
| Global Valencene Market Estimated Size (2023E) | USD 5.5 Million |
| Projected Market Valuation (2033F) | USD 9.2 Million |
| Value-based CAGR (2023 to 2033) | 5.2% |
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The global market is expected to reach USD 9.2 Million by 2033. The market is anticipated to register a CAGR of 5.2% over the forecast period. Increasing demand for natural and organic ingredients in the personal care and cosmetics industry is expected to drive the market over the forecast period.
Valencene is an important fragrance ingredient used in a wide range of personal care and cosmetics products such as skin care, hair care, and fragrances. It is derived from Valencia oranges and has a fresh, citrusy aroma. The compound has antimicrobial and antioxidant properties that would make it an ideal ingredient for personal care formulations.
A number of influential factors have been identified to stir the soup in the market. Apart from the proliferating aspects prevailing in the market, analysts at FMI have also analyzed the restraining elements, lucrative opportunities, and upcoming threats that can pose a challenge to the progression of the market.
The drivers, restraints, opportunities, and threats (DROTs) identified are as follows:
DRIVERS
RESTRAINTS
OPPORTUNITIES
THREATS
Principal Consultant
Increasing Demand for Orange Juice in the USA to Spur Sales of Valencene Terpene
Valencene is a type of citrus fruit that is grown in the Mediterranean region. It is used to make orange juice, lemonade, and other citrus drinks. In North American countries like the USA, valencene is used to make orange juice and other citrus drinks. It is also expected to be used extensively in perfumes and cosmetics.
Valencene is often affected by the climate in the USA It needs warm weather and a lot of sunlight to grow. If the weather is too cold or if there is not enough sunlight, valencene will not grow well across the USA This factor may affect the market negatively in the evaluation period.
High Sales of Cocktails, Wine, and Beer in India to Drive the Demand for Valencene Synthase
Valencene has a woody, citrusy aroma and is used as a flavoring agent in food and beverages. In India, valencene is used in several different ways. It is mainly used as a flavor enhancer in food and beverages.
Valencene is usually added to various foods and drinks to enhance its flavors. Some of the foods that valencene is often added to include soups, stews, sauces, and marinades. Valencene is also used as a flavoring agent in alcoholic beverages such as beer, wine, and cocktails. The country is expected to use the ingredient in medicines due to its anti-inflammatory and antibacterial properties.
Investments by Germany in Spanish Orange Growers to Bolster Sales of Valencene Aroma
Germany dominated the Europe market in the historical period. In recent years, however, Spain has been the leading producer of valencene. This is due to the fact that Spain's climate is more conducive to the growth of Valencia oranges, which are used to produce valencene.
Germany has responded to this change in market dynamics by investing in Spanish orange growers. This has allowed them to control a large portion of the Europe market for valencene. In addition, Germany has been working on developing new methods of producing valencene, which would spur sales.
Launch of Unique Orange Flavored Food and Beverages to Propel Sales of Valencene Strains
Based on application, the food and beverage segment is anticipated to remain at the forefront in the next ten years. Increasing demand for orange-flavored food and beverages, especially among kids and young adults is estimated to bolster sales in the global market. In January 2022, for instance, Jameson launched Jameson Orange: An Irish Whiskey infused with citrus flavors to solidify its place in the flavored whiskey category. The launch of similar products by renowned food and beverage companies to attract a large client base is anticipated to push growth.
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The global market is growing at a moderate rate and is expected to continue doing so during the forecast period. Key companies in the market are striving to keep up with the increasing demand for natural flavors from the food and beverage industry worldwide. They are thus focusing on in-depth research and development activities to come up with unique product lines.
The global market is highly fragmented with the presence of a large number of small and medium-sized manufacturers. Some of the key players in the market are Citrus World, Florida Chemical Company, Procter & Gamble Chemicals, Symrise AG, Isobionics, Evolva, Vishal essential oils and chemicals, Cvista, and Panta Manufacturing Company among others.
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| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 5.5 Million |
| Projected Market Valuation (2033) | USD 9.2 Million |
| Value-based CAGR (2023 to 2033) | 5.2% |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2017 to 2022 |
| Market Analysis | Value (USD Million) |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Oceania; Middle East and Africa(MEA) |
| Key Countries Covered | USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, United Arab Emirates(UAE) |
| Key Segments Covered | Purity Grade, Application, Distribution Channel, Region |
| Key Companies Profiled | Citrus World; Florida Chemical Company; Procter & Gamble Chemicals; Symrise AG.; Isobionics; Evolva; Vishal essential oils and chemicals; Cvista; Panta manufacturing company |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The global market for valencene is expected to reach a valuation of USD 5.5 Million by the end of 2023.
The market for valencene is expected to rise at a CAGR of 5.6% in the next ten years.
The North America valencene market is expected to register a 38% CAGR between 2023 and 2033.
The USA, China, Canada, Germany, and Mexico are the key countries driving the demand for valencene.
The market for valencene in China is projected to grow at a CAGR of 5.8% during the forecast period.
The demand for valencene is projected to grow at a CAGR of 6% in the UK during the evaluation period.
The demand for valencene is projected to grow at a CAGR of 4.2% in India during the expected time frame.
The demand for valencene in Europe is expected to grow at 6.1% CAGR in 2023.
Sales of valencene in Japan are expected to grow at 2.3% CAGR in 2023.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Purity Grade 5.1. <60% 5.2. 60%-65% 5.3. 66%-70% 5.4. 71%-75% 5.5. 76%-80% 5.6. >80% 6. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application 6.1. Food & Beverage 6.2. Personal Care 6.3. Home Care 7. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Distribution Channel 7.1. Offline 7.2. Online 8. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. South Asia 8.6. Oceania 8.7. Middle East and Africa (MEA) 9. North America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 12. East Asia Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 14. Oceania Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 15. MEA Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Citrus World 18.2. Florida Chemical Company 18.3. Procter & Gamble Chemicals 18.4. Symrise AG 18.5. Isobionics 18.6. Evolva 18.7. Vishal Essential Oils and Chemicals 18.8. Cvista 18.9. Panta Manufacturing Company 19. Assumptions & Acronyms Used 20. Research Methodology
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Valencene Market
