CAGR of 3.9% Predicted for Bisabolene Market, Reaching $4.17 Billion by 2032

Bisabolene Market Size Worth $4.17 Million By 2032 | CAGR: 3.9%


The global bisabolene market size is expected to reach USD 4.17 million by 2032, according to a new study by Polaris Market Research. The report “Bisabolene Market Share, Size, Trends, Industry Analysis Report, By Product Type (Alpha-Bisabolene, Beta-Bisabolene); By Function (Flavoring Agent, Perfuming Agent); By End Use; By Region; Segment Forecast, 2023- 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The demand for natural and organic cosmetic products is rapidly expanding the bisabolene market. This is because bisabolene is a crucial element in essential oils, which are used in organic and natural cosmetics. Due to the rising awareness of the harmful effects of chemical products on human health, many countries are experiencing a rapid growth in products made up of organic ingredients. This shift from modern chemical products to traditional organic ones is creating new growth potential for the bisabolene market in the coming years.

One of the main drivers of the bisabolene industry is the increasing desire among consumers for natural and eco-friendly products. Bisabolene is a natural ingredient with great potential as a flavoring and perfuming agent. It can replace chemical ingredients and can be used in personal care products like shampoo, lotions, and others. As consumers become more health-conscious, they are driving the shift towards natural and organic products, thus expanding the bisabolene market.

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Researchers are working on effective formulations for pharmaceutical uses of various ingredients, including bisabolene. This is drawing higher demand for bisabolene as it finds new applications, fueling unique product innovations in the marketplace. A study period in 2022 revealed the existence of antibacterial properties in bisabolene components. This ongoing research activity is bolstering the demand and growth of the market in the next few years due to its acceptance among the population in daily life with an effective background study.

A 2023 study published in MDPI focused on the production of a bisabolene chemical family, γ-bisabolene, which is known to be a food additive. The study revealed the effectiveness of bisabolene in pharmaceutical formulations due to its biological activities and its biofuel potential.

Bisabolene Market Report Highlights

  • Alpha-Bisabolene segment is anticipated to witness the highest growth in the coming years due to its wide usage in the pharmaceutical space.
  • The Perfuming Agent segment accounted for the largest market share owing to the growing demand for consumer goods with natural ingredients.
  • The personal Care & Cosmetics segment is projected to experience a larger revenue share due to rising consumer interest in beauty care and personal care products.
  • Asia Pacific is projected to register the largest growth rate in the study period owing to the rising demand for fragrance and flavor products driven by growing disposable income.
  • Europe is expected to have the fastest growth owing to the wide range of its applications as a food additive in the region.
  • The global players include Aceto Corporation, Augustus Oils, BASF, BOC Sciences, Givaudan, Hairui Chemical Agrochemicals, Misri Fumet, Sigma-Aldrich & Wacker Chemie.

Polaris Market Research has segmented the bisabolene market report based on product type, function, end use and region:

Bisabolene, Product Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Alpha-Bisabolene
  • Beta-Bisabolene

Bisabolene, Function Outlook (Revenue - USD Million, 2019 - 2032)

  • Flavoring Agent
  • Perfuming Agent

Bisabolene, End Use Outlook (Revenue - USD Million, 2019 - 2032)

  • Food & Beverage Processing
  • Personal Care & Cosmetics
  • Formulations

Bisabolene, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Bisabolene Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 2.96 million

Revenue forecast in 2032

USD 4.17 million

CAGR

3.9% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD million and CAGR from 2023 to 2032

Segments covered

By Product Type, By Function, By End Use, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

For Specific Research Requirements

Request for Customized Report