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Methyl Dihydrojasmonate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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Methyl dihydrojasmonate is an ester and aroma compound, with a fragrance similar to that of jasmine. It is a liquid with a typical fruity, jasmine-like blossomy aroma and has been produced from tea. It is prepared via the addition of malonic acid esters to 2-pentyl-2-cyclopentene-1-one, followed by hydrolysis and decarboxylation. Methyl dihydrojasmonate, a high-quality perfume compound consists of mixtures of isomers. The intensity of its fragrance depends on the tendency of these isomers. Methyl dihydrojasmonate is a fragrant substance belonging to the esters group and is used extensively in flavor and fragrance products.

Based on occurrence, the methyl dihydrojasmonate market has been divided into the following groups: jasmine, tea, and heliotropium peruvianum. Tea accounts for a significant share in the global market owing to its high availability in Asia Pacific. Jasmine is expected to experience a high growth rate, driven by the growing demand for it in the perfume industry. Changing consumer preferences and fashion trends are anticipated to boost the need for perfumes and therefore for methyl dihydrojasmonate during the forecast period.

In terms of geography, the global methyl dihydrojasmonate market has been distributed over Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. Asia Pacific was a major market in 2015 and is estimated to expand due to the increasing demand for perfumes here. The growing requirement for flavors and fragrances in the fashion and cosmetic industries is also projected to boost the need for methyl dihydrojasmonate in the near future. Its applications are driven by the rising need for perfume products such as body sprays, deodorants, and face powders. The surge in the disposable incomes of consumers in North America and Europe is also projected to propel the methyl dihydrojasmonate market in these regions, especially in the U.S. and U.K., which are likely to constitute major shares in the cosmetic products market here, also due to the new product launches taking place in these countries. Developing economies in Asia, namely China and India, are also projected to register a high growth rate in the perfume & fragrance industry due to the increasing incomes of consumers and changing lifestyles which, in turn, are expected to propel the methyl dihydrojasmonate market, along with the rising propensity among men as well as women to spend on perfumes and fragrance products. New product developments and marketing strategies are expected to boost the demand for methyl dihydrojasmonate in the perfume industry during the forecast period.

Global demand for perfumes and fragrances is anticipated to rise significantly in the near future, thereby offering high growth opportunities for the methyl dihydrojasmonate market. Rapid increase in the demand for them in end-use applications, competitive manufacturing costs, and high economic growth rates are motivating the methyl dihydrojasmonate market in Asia Pacific. These factors are attracting companies to adopt expansion and R&D strategies in the region. Market players are focusing on Asia Pacific to gain extensive market shares. Producers of methyl dihydrojasmonate have been compelled to adopt acquisition strategies to meet the global demand and several of them are shifting their plants to countries such as China and India due to the high demand and low raw material and labor costs there.

Major players operating in the global methyl dihydrojasmonate market are Aecochem Products, Ernesto Ventós, S.A., Netvertise GmbH., and Simagchem Corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market  

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