Carvone Market Analysis by Size, Growth Opportunities and Trends 2018 – 2025
04th December 2018 - The global Carvone Market is poised for exponential growth at a mediocre CAGR in forthcoming period because of its multi-diverse properties and applications. Carvone belongs to a family of terpenoids and essentially spotted in many essential oils but vigorously found in oils from seeds of caraway. The two types of carvone found include carum carvi and mentha spicata. Their traditional names are spearmint and dill and both find immense use in food and flavor industry. Oils containing carvones are used in aromatherapy and alternative medicine.
The compounds most responsible for adding flavor to carvone including spearmint and dill are used to garnish food and add flavor to food. Wrigley spearmint chewing gum is a very extensive user of natural oil from mentha spicata. The diverse properties of carvone leading to multiple applications act as growth drivers for carvone market.
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The uses of Caraway seed extend to its versatile properties and its extraction in company of alcohol to make European drink Kummel is well-referenced. Carvone is also used in agriculture to prevent potatoes from sprouting prematurely. Carvone is being projected as a mosquito repellant and is on the verge of being registered as a pesticide. Carvone is inexpensive in both enantiomerically forms making it a prospective client for the asymmetric totao synthesis of natural products. The terpenoid quassin had carvone as the starting material in synthesis.
Carvone exhibits properties of stereoisomerism. Carone prepares two mirror images, one smelling like spearmint leaves and the other like caraway seeds. This adds to the qualities of carvone which specifies it as a chiral group. Carvone on oxidation leads to diverse products. For e.g. carvone on oxidation with air gives rise to diketone-7.
The major manufacturers covered in this report
• Paramount Aromachem
• Renessenz
• Gem Aromatics
• Shree Bankey Behari Lal Aromatics
• Wanxiang International
• Jishui County Shunmin Medicinal
• Lvchang Chemical
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• L-Carvone
• D-Carvone
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Daily Use Chemical Essence
• Food Additive
• Pharmaceutical
• Agricultural
• Others
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The key points of this report are:
• To analyze and study the global Carvone capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
• Focuses on the key Carvone manufacturers, to study the capacity, production, value, market share and development plans in future.
• Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.