Gamma Decalactone Market Expect $5.46 Million By 2032, CAGR: 6.6%

Gamma Decalactone Market Size Worth $5.46 Million By 2032 | CAGR: 6.6%


The global gamma decalactone market size is expected to reach USD 5.46 million by 2032, according to a new study by Polaris videos Market Research. The report “Gamma Decalactone Market Share, Size, Trends, Industry Analysis Report, By Source (Fruits, Fermented Products); By Application; By Packaging Type; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Gamma-decalactone is used in the food and beverage industry, including in making ice cream, smoothies, sweets, and more. One of the primary applications of gamma decalactone is to make fragrance compounds of mango, strawberry, peach, and chocolate. The ongoing consumer preferences towards strawberry and chocolate-flavored ice creams, candies, and cakes are driving the demand for their flavors, which in turn facilitates the need for gamma decalactone soon.

Furthermore, countries are witnessing rapid growth in demand for personal care and cosmetics. This may further necessitate the use of natural fragrance and flavor, in a way, gamma decalactone. In addition, the rising health consciousness among parents is stimulating the demand for baby products with natural ingredients. They are willing to pay premium prices for the safety of their children. According to the Fragrances and Flavours Association of India, the fragrance and flavor industry is expected to grow around 12% each year and reach over USD 5.2 Million in the coming three to four years, driven by growing disposable income and changing consumer preferences. This will further fuel the demand for gamma-decalactone in India.

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Gamma decalactone is found in orchards, berries, tropical, and dairy products. It is often extracted using natural and biotechnological methods. The rising disposable income among the population at the global level is influencing the demand for snacks, convenience foods, FMCG (fast-moving consumer goods), and dairy products. This may further necessitate the use of gamma decalactone due to its appealing flavor and fragrance, mainly for its oily-peach aroma. In the manufacturing process of baked foods, desserts, beverages, protein bars, and more, flavor compounds are preferred to enhance their taste and fragrance. This ongoing trend will further propel the demand for gamma decalactone.

Gamma Decalactone Market Report Highlights

  • Fruit segment is anticipated to witness the highest growth in the coming years due to rising demand for clean-labeled products.
  • Food and Beverages segment accounted for the largest market share owing to the increasing demand for convenience and on-the-go foods.
  • The liquid segment is projected to experience a larger revenue share due to its easier application in beverages and personal care products.
  • North America is projected to register the largest growth rate in the study period owing to the growing consumption of snacks.
  • Europe is expected to have the fastest growth owing to the growing demand for products with natural ingredients and the popularity of flavours.
  • The global players include Advanced Biotech, Anhui Primechem, Aroma Chemical Services International, Aromiens International, Augustus Oils, AUROCHEMICALS, Berje, Blue California, Conagen, Jeneil, Kao Chemicals & Omega Ingredients.

Polaris Market Research has segmented the gamma decalactone market report based on source, application, packaging type and region:

Gamma Decalactone, Source Outlook (Revenue - USD Million, 2019 - 2032)

  • Fruits
  • Fermented Products

Gamma Decalactone, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Food & Beverages
  • Personal Care
  • Pharmaceuticals
  • Household goods
  • Others

Gamma Decalactone, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Powder
  • Liquid

Gamma Decalactone, 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

Gamma Decalactone Market Report Scope

Report Attributes

Details

Market Size Value in 2024

USD 3.28 million

Revenue Forecast in 2032

USD 5.46 million

CAGR

6.6% from 2024 – 2032

Base Year

2023

Historical Data

2019 – 2022

Forecast Period

2024 – 2032

Quantitative Units

Revenue in USD million and CAGR from 2024 to 2032

Segments Covered

By Source, By Application, By Packaging Type, 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.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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