Gamma Decalactone Market Demand, Share, Growth Report, 2024-2032
Gamma Decalactone Market Demand, Share, Growth Report, 2024-2032

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

  • Published Date:Feb-2024
  • Pages: 114
  • Format: PDF
  • Report ID: PM4313
  • Base Year: 2023
  • Historical Data: 2019 – 2022

Report Outlook

The global gamma decalactone market was valued at USD 3.08 million in 2023 and is expected to grow at a CAGR of 6.6% during the forecast period.

Gamma-decalactone is a natural compound present in most fruits, and it gives peaches and ripening fruits a unique flavor. This compound is incorporated in formulations of peach, strawberry, and apricot flavors, which are essential in pharmaceutical applications, personal care products, and beverages. In addition, it has applications in the food industry due to its ability to improve the flavors, texture, taste, aroma, and appearance of recipes. The increasing technological innovations in the gamma decalactone extraction process are further boosting the expansion of the market.

  • For instance, in November 2019, Conagen, a biotechnology company focused on research and development, expanded its product portfolio and production of gamma decalactone, a natural aromatic compound, using its proprietary technology from natural substrates.

Moreover, the increased consumption of artificial flavors poses a huge health risk to its consumers as it may lead to food allergies and can make one hypersensitive to some foods. The rising awareness about the health issues associated with artificial food additives among the population is making them keep an eye on the ingredients used in food products before consumption. This is driving companies to innovate new product lines with natural flavors. This may further fuel the demand for gamma-decalactone use in the food and beverage industry.

Gamma Decalactone Market Size

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However, the creation of artificial flavors is economical for food scientists compared to natural flavors as it requires natural resources; creating this ingredient will be costlier. The availability of lower-cost substitutes in the marketplace may shift cost-sensitive customers, primarily small and medium food and beverage manufacturers, from gamma decalactone to its alternatives like artificial flavor and aroma enhancers.

Industry Dynamics

Growth Drivers

Ongoing research activities to create optimal technology to extract gamma decalactone

Gamma-decalactone is extracted directly from real fruits. It is essential to create effective technologies and methods according to the ongoing food and beverage manufacturing requirements. A study published in MDPI focused on the synthesis of gamma decalactone with the use of the statistical Taguchi design method by Yarrowia lipolytica yeast. This extraction method achieved 2.93 ± 0.33 g/L of aroma. It identified that the intensity and speed of lactone biosynthesis have increased with the gamma decalactone concentration in the medium. This may further assist ongoing research activities, contributing to the growth of the market. Furthermore, it is crucial for flavor and fragrance industrialists to create an effective way for the extraction process, as it enables them to minimize their costs and maximize extraction quantity, which may further propel the demand for gamma decalactone by food and beverage producers for the flavor and fragrance needs with the lower costs.

Gamma Decalactone

Report Segmentation

The market is primarily segmented based on source, application, packaging type, and region.

By Source

By Application

By Packaging Type

By Region

  • Fruits
  • Fermented Products

 

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

 

 

  • Powder
  • Liquid

 

 

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

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By Source Analysis

Fruits segment is expected to witness the highest growth during the forecast period

The fruits segment is projected to grow rapidly, mainly driven by the growing demand for natural food ingredients by manufacturers. Gamma decalactone is extracted from real fruits, such as strawberries, peaches, apricots, and mangoes. The rising concerns about health issues due to chemical flavors and fragrances are fostering the demand for gamma decalactone from natural fruits.

Furthermore, cleanly labeled products are gaining traction nowadays among manufacturers, enabling them to gain a competitive advantage and withstand their products from competitors. The willingness of customers to pay an additional price for products with no artificial flavors, colors, preservatives, or synthetic additives is forcing food and beverage producers to adopt the natural flavors and aroma compounds of gamma decalactone, which is derived from real fruits.

The fermented products segment led the industry market with a substantial revenue share in 2022, largely attributable to its cost-effectiveness compared to fruits. The lower concentration of gamma decalactone in fruits is driving flavor and fragrance producers to adopt biotechnological synthesis as it enables them to increase their supply to cater to ongoing consumer demand for personal care, food, and beverages. Furthermore, this will assist producers in stabilizing price levels, which will enhance affordability among small and medium enterprises.

By Application Analysis

Food and Beverages segment accounted for the largest market share in 2022

The food and beverage segment accounted for the largest share. Flavors play a crucial role in food making as they are extensively used in food production and innovation processes. The growing popularity of chocolate, strawberry, and vanilla flavors in cakes, baked goods, and desserts is stimulating the demand for gamma decalactone, as they are widely used in creating flavors. These factors are contributing to the growth of the market soon.

By Packaging Type Analysis

The liquid segment held a significant market revenue share in 2022

The liquid segment held a significant market share in revenue in 2022, which is highly influenced by the ease of application in beverages, mainly cool drinks and alcoholic beverages. Furthermore, gamma decalactone is used in cosmetics and personal care products due to its intense flavor and fragrance profile. The liquid form works effectively for skincare and haircare products, including body lotion and shampoo formulations, due to the liquidity nature of the end products.

Gamma Decalactone Seg

Regional Insights

North American region dominated the global market in 2022

The North American region dominated the global market. The growing demand for snacking in the region is creating new growth potential for gamma decalactone. According to a study published in PubMed Central, snacks contribute to 20% of energy intake in American diets. This is encouraging producers to innovate new food and beverages, which may create a need for flavors and fragrances, driving demand for damma decalactone in the coming years.

The Europe region is expected to be the fastest-growing region due to the rising popularity of flavors, primarily vanilla. According to the article published in the European Flavours Association, people in Germany show a preference for creamy notes along with Bourbon vanilla flavors, while Scandinavians prefer clean vanilla-type flavors in addition to creamy, powdery, and sweet flavors. This demonstrates the increasing trend of flavors in Europe, which will facilitate the demand for gamma decalactone as it is highly incorporated in flavor formulations. Furthermore, manufacturers and bakeries are producing cakes and desserts with these flavors to meet changing consumer interests, in a way driving the growth of the gamma decalactone market in the study period.

Gamma Decalactone Reg

Key Market Players & Competitive Insights

The gamma decalactone market is anticipated to witness competition on account of ongoing research activities on new flavors & fragrances. Major players are constantly upgrading their product portfolios to stay ahead of the competition and cater to ongoing flavor needs in food and beverages. These players focus on partnerships, product formulations, and collaboration to gain a competitive edge over their peers and capture a significant market share.

Some of the major players operating in the global market include:

  • Advanced Biotech
  • Anhui Primechem
  • Aroma Chemical Services International
  • Aromiens International
  • Augustus Oils
  • AUROCHEMICALS
  • Berjé
  • Blue California
  • Conagen
  • Jeneil
  • Kao Chemicals
  • Omega Ingredients
  • Phoenix Aromas & Essential Oils
  • SODA AROMATIC
  • Vigon International

Recent Developments

  • In January 2022, a study published in Science Direct focused on finding the process optimization and purification of gamma decalactone using Yarrowia lipolytica NCIM 3590 from ricinoleic acid. The result of the study showed 80% pure gamma decalactone.

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.

FAQ's

The global gamma decalactone market size is expected to reach USD 5.46 million by 2032

Key players in the market are Advanced Biotech, Anhui Primechem, Aroma Chemical Services International, Aromiens International

North American contribute notably towards the global Gamma Decalactone Market

The global gamma decalactone market is expected to grow at a CAGR of 6.6% during the forecast period.

The Gamma Decalactone Market report covering key segments are source, application, packaging type, and region.