Industry: Chemical & Material
Published Date: 2024-10-23
Pages: 114 Pages
Report ld: 3351776
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Myrcene Market Size(US$)

CAGR 2024-2030
4.3%
Market Size,2030
USD 142
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Myrcene is a terpene found in essential oils sourced from a multitude of plants. It is also noted for its presence in various strains of cannabis sativa. It is commonly cited for its positive influence on the perfume-making industry as it can create a unique quality to specially crafted fragrances.
The global market for Myrcene was estimated to be worth US$ 106 million in 2023 and is forecast to a readjusted size of US$ 142 million by 2030 with a CAGR of 4.3% during the forecast period 2024-2030.
Global Myrcene includes DRT, Bordas, Takasago, Florida Chemical and Florachem, etc. Global top 3 companies hold a share over 35%. China is the largest market, with a share about 39%, followed by Europe and North America with the share about 37% and 12%.
The myrcene market is growing steadily, primarily due to its increasing use in the fragrance, flavor, and pharmaceutical industries. Myrcene, a naturally occurring terpene found in plants like hops and bay leaves, is widely used as a key ingredient in the production of perfumes, cosmetics, and aromatic oils due to its pleasant, earthy aroma. In the flavor industry, it is a popular additive for food and beverages, especially in the craft beer segment where it imparts a characteristic hoppy aroma. The pharmaceutical sector also uses myrcene for its anti-inflammatory, analgesic, and sedative properties, contributing to its rising demand. The growth of these industries, combined with a trend toward using natural and plant-based ingredients, is supporting the expansion of the myrcene market globally.
Geographically, the market is particularly strong in regions like North America and Europe, where the demand for natural and organic ingredients is increasing in the cosmetics and food & beverage sectors. The Asia-Pacific region, especially countries like China and India, also presents significant growth potential due to expanding pharmaceutical manufacturing and a rising consumer preference for natural products. However, market growth may face challenges from regulatory restrictions on terpene usage and the volatility of raw material supply, as myrcene is often extracted from seasonal crops. To address these challenges, companies are investing in sustainable sourcing and production technologies, which are expected to shape the market's future direction.
This report aims to provide a comprehensive presentation of the global market for Myrcene, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Myrcene by region & country, by Type, and by Application.
The Myrcene market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Myrcene.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Myrcene manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Myrcene in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Myrcene in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Myrcene Product Introduction
1.2 Global Myrcene Market Size Forecast
1.2.1 Global Myrcene Sales Value (2019-2030)
1.2.2 Global Myrcene Sales Volume (2019-2030)
1.2.3 Global Myrcene Sales Price (2019-2030)
1.3 Myrcene Market Trends & Drivers
1.3.1 Myrcene Industry Trends
1.3.2 Myrcene Market Drivers & Opportunity
1.3.3 Myrcene Market Challenges
1.3.4 Myrcene Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Myrcene Players Revenue Ranking (2023)
2.2 Global Myrcene Revenue by Company (2019-2024)
2.3 Global Myrcene Players Sales Volume Ranking (2023)
2.4 Global Myrcene Sales Volume by Company Players (2019-2024)
2.5 Global Myrcene Average Price by Company (2019-2024)
2.6 Key Manufacturers Myrcene Manufacturing Base and Headquarters
2.7 Key Manufacturers Myrcene Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Myrcene
2.9 Myrcene Market Competitive Analysis
2.9.1 Myrcene Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Myrcene Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Myrcene as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Myrcene 75%
3.1.2 Myrcene 80%
3.1.3 Myrcene 90%
3.1.4 Others
3.2 Global Myrcene Sales Value by Type
3.2.1 Global Myrcene Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Myrcene Sales Value, by Type (2019-2030)
3.2.3 Global Myrcene Sales Value, by Type (%) (2019-2030)
3.3 Global Myrcene Sales Volume by Type
3.3.1 Global Myrcene Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Myrcene Sales Volume, by Type (2019-2030)
3.3.3 Global Myrcene Sales Volume, by Type (%) (2019-2030)
3.4 Global Myrcene Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Flavor and Fragrance
4.1.2 Pharmaceuticals
4.1.3 Others
4.2 Global Myrcene Sales Value by Application
4.2.1 Global Myrcene Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Myrcene Sales Value, by Application (2019-2030)
4.2.3 Global Myrcene Sales Value, by Application (%) (2019-2030)
4.3 Global Myrcene Sales Volume by Application
4.3.1 Global Myrcene Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Myrcene Sales Volume, by Application (2019-2030)
4.3.3 Global Myrcene Sales Volume, by Application (%) (2019-2030)
4.4 Global Myrcene Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Myrcene Sales Value by Region
5.1.1 Global Myrcene Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Myrcene Sales Value by Region (2019-2024)
5.1.3 Global Myrcene Sales Value by Region (2025-2030)
5.1.4 Global Myrcene Sales Value by Region (%), (2019-2030)
5.2 Global Myrcene Sales Volume by Region
5.2.1 Global Myrcene Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Myrcene Sales Volume by Region (2019-2024)
5.2.3 Global Myrcene Sales Volume by Region (2025-2030)
5.2.4 Global Myrcene Sales Volume by Region (%), (2019-2030)
5.3 Global Myrcene Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Myrcene Sales Value, 2019-2030
5.4.2 North America Myrcene Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Myrcene Sales Value, 2019-2030
5.5.2 Europe Myrcene Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Myrcene Sales Value, 2019-2030
5.6.2 Asia Pacific Myrcene Sales Value by Region (%), 2023 VS 2030
5.7 South America
5.7.1 South America Myrcene Sales Value, 2019-2030
5.7.2 South America Myrcene Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Myrcene Sales Value, 2019-2030
5.8.2 Middle East & Africa Myrcene Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Myrcene Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Myrcene Sales Value
6.2.1 Key Countries/Regions Myrcene Sales Value, 2019-2030
6.2.2 Key Countries/Regions Myrcene Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Myrcene Sales Value, 2019-2030
6.3.2 United States Myrcene Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Myrcene Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Myrcene Sales Value, 2019-2030
6.4.2 Europe Myrcene Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Myrcene Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Myrcene Sales Value, 2019-2030
6.5.2 China Myrcene Sales Value by Type (%), 2023 VS 2030
6.5.3 China Myrcene Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Myrcene Sales Value, 2019-2030
6.6.2 Japan Myrcene Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Myrcene Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Myrcene Sales Value, 2019-2030
6.7.2 South Korea Myrcene Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Myrcene Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Myrcene Sales Value, 2019-2030
6.8.2 Southeast Asia Myrcene Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Myrcene Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Myrcene Sales Value, 2019-2030
6.9.2 India Myrcene Sales Value by Type (%), 2023 VS 2030
6.9.3 India Myrcene Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 DRT
7.1.1 DRT Company Information
7.1.2 DRT Introduction and Business Overview
7.1.3 DRT Myrcene Sales, Revenue, Price and Gross Margin (2019-2024)
7.1.4 DRT Myrcene Product Offerings
7.1.5 DRT Recent Development
7.2 Bordas
7.2.1 Bordas Company Information
7.2.2 Bordas Introduction and Business Overview
7.2.3 Bordas Myrcene Sales, Revenue, Price and Gross Margin (2019-2024)
7.2.4 Bordas Myrcene Product Offerings
7.2.5 Bordas Recent Development
7.3 Florida Chemical
7.3.1 Florida Chemical Company Information
7.3.2 Florida Chemical Introduction and Business Overview
7.3.3 Florida Chemical Myrcene Sales, Revenue, Price and Gross Margin (2019-2024)
7.3.4 Florida Chemical Myrcene Product Offerings
7.3.5 Florida Chemical Recent Development
7.4 Florachem
7.4.1 Florachem Company Information
7.4.2 Florachem Introduction and Business Overview
7.4.3 Florachem Myrcene Sales, Revenue, Price and Gross Margin (2019-2024)
7.4.4 Florachem Myrcene Product Offerings
7.4.5 Florachem Recent Development
7.5 Yasuhara Chemical
7.5.1 Yasuhara Chemical Company Information
7.5.2 Yasuhara Chemical Introduction and Business Overview
7.5.3 Yasuhara Chemical Myrcene Sales, Revenue, Price and Gross Margin (2019-2024)
7.5.4 Yasuhara Chemical Myrcene Product Offerings
7.5.5 Yasuhara Chemical Recent Development
7.6 Natural Aroma Products
7.6.1 Natural Aroma Products Company Information
7.6.2 Natural Aroma Products Introduction and Business Overview
7.6.3 Natural Aroma Products Myrcene Sales, Revenue, Price and Gross Margin (2019-2024)
7.6.4 Natural Aroma Products Myrcene Product Offerings
7.6.5 Natural Aroma Products Recent Development
7.7 Sky Dragon Fine-Chem
7.7.1 Sky Dragon Fine-Chem Company Information
7.7.2 Sky Dragon Fine-Chem Introduction and Business Overview
7.7.3 Sky Dragon Fine-Chem Myrcene Sales, Revenue, Price and Gross Margin (2019-2024)
7.7.4 Sky Dragon Fine-Chem Myrcene Product Offerings
7.7.5 Sky Dragon Fine-Chem Recent Development
7.8 Jiangxi Huayu
7.8.1 Jiangxi Huayu Company Information
7.8.2 Jiangxi Huayu Introduction and Business Overview
7.8.3 Jiangxi Huayu Myrcene Sales, Revenue, Price and Gross Margin (2019-2024)
7.8.4 Jiangxi Huayu Myrcene Product Offerings
7.8.5 Jiangxi Huayu Recent Development
7.9 Hessence Chemicals
7.9.1 Hessence Chemicals Company Information
7.9.2 Hessence Chemicals Introduction and Business Overview
7.9.3 Hessence Chemicals Myrcene Sales, Revenue, Price and Gross Margin (2019-2024)
7.9.4 Hessence Chemicals Myrcene Product Offerings
7.9.5 Hessence Chemicals Recent Development
7.10 Fujian Nanping Green Pine Chemical
7.10.1 Fujian Nanping Green Pine Chemical Company Information
7.10.2 Fujian Nanping Green Pine Chemical Introduction and Business Overview
7.10.3 Fujian Nanping Green Pine Chemical Myrcene Sales, Revenue, Price and Gross Margin (2019-2024)
7.10.4 Fujian Nanping Green Pine Chemical Myrcene Product Offerings
7.10.5 Fujian Nanping Green Pine Chemical Recent Development
7.11 Jiangxi Spice Chemical
7.11.1 Jiangxi Spice Chemical Company Information
7.11.2 Jiangxi Spice Chemical Introduction and Business Overview
7.11.3 Jiangxi Spice Chemical Myrcene Sales, Revenue, Price and Gross Margin (2019-2024)
7.11.4 Jiangxi Spice Chemical Myrcene Product Offerings
7.11.5 Jiangxi Spice Chemical Recent Development
7.12 Jiangxi Baolin Natural Flavor
7.12.1 Jiangxi Baolin Natural Flavor Company Information
7.12.2 Jiangxi Baolin Natural Flavor Introduction and Business Overview
7.12.3 Jiangxi Baolin Natural Flavor Myrcene Sales, Revenue, Price and Gross Margin (2019-2024)
7.12.4 Jiangxi Baolin Natural Flavor Myrcene Product Offerings
7.12.5 Jiangxi Baolin Natural Flavor Recent Development
7.13 Jiangxi Kaiyuan Fragrance
7.13.1 Jiangxi Kaiyuan Fragrance Company Information
7.13.2 Jiangxi Kaiyuan Fragrance Introduction and Business Overview
7.13.3 Jiangxi Kaiyuan Fragrance Myrcene Sales, Revenue, Price and Gross Margin (2019-2024)
7.13.4 Jiangxi Kaiyuan Fragrance Myrcene Product Offerings
7.13.5 Jiangxi Kaiyuan Fragrance Recent Development
8 Industry Chain Analysis
8.1 Myrcene Industrial Chain
8.2 Myrcene Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Myrcene Sales Model
8.5.2 Sales Channel
8.5.3 Myrcene Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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