Farnesene Market Size growth at a CAGR of almost 27% till 2024

Posted by Ritu on November 11th, 2020

The farnesene market size has the potential to grow by 45.23 K MT during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

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This report provides a detailed analysis of the market by application (Cosmetics, Flavor and fragrances, Lubricants, and Performance materials) and geographic landscape (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Amryis Inc., Bedoukian Research Inc., Katyani Exports, Penta Manufacturing Co. LLC, Precigen Inc., Santa Cruz Biotechnology Inc., Synerzine Inc., Tate & Lyle Plc, Toronto Research Chemicals Inc., and Triveni

The market is concentrated. Amryis Inc., Bedoukian Research Inc., Katyani Exports, Penta Manufacturing Co. LLC, Precigen Inc., Santa Cruz Biotechnology Inc., Synerzine Inc., Tate & Lyle Plc, Toronto Research Chemicals Inc., and Triveni Chemicals Pvt. Ltd. are some of the major market participants. Factors such as increased adoption of bio-based lubricants will offer immense growth opportunities. However, volatility in the price of flavor and fragrance may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this farnesene market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this farnesene market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

Amryis Inc.
Bedoukian Research Inc.
Katyani Exports
Penta Manufacturing Co. LLC
Precigen Inc.
Santa Cruz Biotechnology Inc.
Synerzine Inc.
Tate & Lyle Plc
Toronto Research Chemicals Inc.
Triveni Chemicals Pvt. Ltd.

Farnesene Market: Segmentation by Geography

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. Europe will offer several growth opportunities to market vendors during the forecast period. The usage of farnesene in multifunctional cosmetics, surfactants, and emulsifiers will significantly influence farnesene market's growth in this region.

41% of the market’s growth will originate from Europe during the forecast period. France and UK are the key markets for farnesene market in Europe. This report provides an accurate prediction of the contribution of all segments to the growth of the farnesene market size.