Neryl Acetate Market – Growth, Trends, COVID-19 Impact and Forecasts (2022 to 2029)

The Neryl Acetate Market was valued at US$ 2.66 Bn. in 2029. The Global Neryl Acetate Market size is estimated to grow at a CAGR of 4.3 % over the forecast period.
Neryl Acetate Market Overview:
The report explores the Neryl Acetate market's segments (Type, Application, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2021. The report investigates the Neryl Acetate market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Neryl Acetate market's contemporary competitive scenario.To know about the Research Methodology :- Request Free Sample Report
Neryl Acetate Market Dynamics:
Neryl Acetate is used for its aromas in different sectors like pharmaceuticals, personal healthcare, creams & lotions, and others:

Neryl Acetate is an organic compound C13H200 that is the acetate ester of nerol. It is basically found in citrus oils. It has sweet, soapy, fruity, floral, and citrus notes. So, it is used for the applications of floral and fruity aromas. Neryl acetate is a natural product found in Eupatorium cannabinum, Eupatorium capillifolium, and other organisms. It has a role as a volatile oil component, a fragrance, and a plant metabolite. The rise in demand for Deodorants and Perfumes, pharmaceuticals, creams & lotions, soap & shampoos industry.

Deodorants and Perfumes help for providing a fresh and long-lasting smell. In Pharmaceuticals the Neryl Acetate is used for improving end enhancing the quality and stability of medications by using it as a solvent ingredient that can dissolve in water easily. It is also used as an antioxidant and preservative. In Creams and Lotions, the Neryl Acetate is used to keep skin hydrated and soothing. It also helps in cleaning the dirt off through exfoliation when it is scrubbed on the skin while washing. Neryl Acetate is used as raw material for the manufacturing of Chemicals and Pharmaceutical products. The rise in these industries is penetrating the growth of Neryl Acetate Market’s overall growth during the forecast period.

The rise in the demand for Essential oils is creating a rise in the demand for Neryl Acetate:

There is also an increase in the demand for organic personal care products that have led to the rise of the key players in the personal care products market that is creating a demand for the Neryl Acetate Market. People nowadays are preferring Vegan and natural cosmetics more which is another factor for the Neryl Acetate Market growth. There is a significant rise in the awareness of the benefits of essential oils that uses Neryl Acetate for producing odors. These essential oils have many health benefits such as boosting mood, reducing stress, improving sleep, increasing attentiveness, and many more.

The growth in the population with the per capita income and rise in the demand for luxury and niche items are pushing the demand for high-end perfumes and personal care products. Moreover, the rising technological advancements also impacting the production techniques that are leading to the growing opportunities during the forecast period.

Several allergies are associated with the Neryl Acetate market:

As it is an organic compound there are certain allergies associated with the essential oils which can affect the market of Neryl Acetate negatively as Neryl Acetate is used during the manufacturing of essential oils. The rising disturbances in the supply chain and market disruption due to the rising prevalence of Covid-19 is the vital factor among others acting as a restraint, and will further challenge the growth of the Neryl Acetate market during the forecast period.
Neryl Acetate Market Trends:
Neryl Acetate is an organic compound C13H200 that is the acetate ester of nerol. It is basically found in citrus oils. It has sweet, soapy, fruity, floral, and others. The rise in demand for Deodorants and Perfumes, pharmaceuticals, creams & lotions, soap & shampoos industry. The growth in the population with the per capita income and rise in the demand for luxury and niche items are pushing the demand for high-end perfumes and personal care products. Deodorants and Perfumes help for providing a fresh and long-lasting smell.

In Pharmaceuticals the Neryl Acetate is used for improving end enhancing the quality and stability of medications by using it as a solvent ingredient that can dissolve in water easily. People nowadays are preferring Vegan and natural cosmetics more which is another factor for the Neryl Acetate Market growth. Neryl Acetate is also used as an antioxidant and preservative in pharmaceuticals. Hence there is a rise in the market during the forecast period.
Neryl Acetate Market Segment Analysis:
Based on Type, the Neryl Acetate Market is segmented into 95% purity, 98% purity, and 99% purity. The 98% purity segment has dominated the market by holding the maximum market share of the market in 2021. As The 98% purity is a viscous, colorless, and low odor liquid. It is used as an intermediate for fragrances & flavors. It has its uses in various sectors such as applications such as perfumes & deodorants, pharmaceuticals, creams & lotions, soap & shampoo, and others. Hence, the 98% purity segment dominates the Neryl Acetate Market.

Based on the Application, the Neryl Acetate Market is segmented into Perfumes & Deodorants, Pharmaceuticals, Cream & Lotions, Soap & Shampoos, and Others. The Pharmaceutical segment has dominated the market by holding the maximum market share of the Market in 2021. It has anti-inflammatory properties that are used in the treatment of the health conditions associated with Arthritis. Further, Neryl Acetate is used for improving end enhancing the quality and stability of medications by using it as a solvent ingredient that can dissolve in water easily. It is also used as an antioxidant and preservative. It can help to protect medications from damage due to oxidation, and it can also extend the shelf life of products. There is a huge investment made for enhancing the pharmaceutical sectors in developing and underdeveloped countries. Hence, the Pharmaceutical segment is dominating the Neryl Acetate Market.
Neryl Acetate Market Regional Insights:
The North American region held the largest market share accounting for XX% in 2021. As the North American region is a developed economy that rise in the demand for pharmaceutical, organic and vegan cosmetics, personal health care products, food & beverages is rising in the countries of the North American region which is impacting the demand for the Neryl Acetate Market positively. Hence, the North American region held the largest market share.

The Asia Pacific region is expected to witness significant growth at a CAGR of 4.3% through the forecast period. This is due to the increase in the population and increasing continuous changing consumer tests in terms of fragrances and hiking demand for unique fragrances from the growing population in some of the countries in this region. And also, there is a rise in the demand for flavors and perfumes from this region due to rising disposable income. Hence, the Asia Pacific region is expected to witness significant growth during the forecast period.

The objective of the report is to present a comprehensive analysis of the global Neryl Acetate Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Neryl Acetate Market dynamic, and structure by analyzing the market segments and projecting the Neryl Acetate Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Neryl Acetate Market make the report investor’s guide.
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Global Neryl Acetate Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 1.90 Bn.


Forecast Period 2022 to 2029 CAGR:
4.3%
Market Size in 2029:
US $ 2.66 Bn.


 Segments Covered:
by Type
• 95% Purity
• 98% Purity
• 99% Purity


by Application
• Perfumes & Deodorant
• Pharmaceuticals
• Creams & Lotions
• Soap & Shampoo
• Others



Neryl Acetate Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Neryl Acetate Market Key Players:
• Takasago
• Privi Organic India Limited
• Prasol Chemicals Pvt. Ltd
• The Good Scents Company
• PRODASYNTH SAS
• BERJE INC.
• Citrus and Allied Essences Ltd
• Acros Organics N.V.
• Terpenes UK
• Glentham Life Sciences Limited
• Augustus Oils Ltd
• Citrus and Allied Essences Ltd

Frequently Asked Questions:

1) What segments are covered in the Neryl Acetate Market report?
Ans. The segments covered in the Neryl Acetate Market report are based on Type, Application.

2) Which region holds the highest share in the Neryl Acetate Market?
Ans. The North American region is expected to hold the highest share in the Neryl Acetate Market.

3) What is the market size of the Neryl Acetate Market by 2029?
Ans. The market size of the Neryl Acetate Market by 2029 is US$ 2.66 Bn.

4) What is the forecast period for the Neryl Acetate Market?
Ans. The Forecast period for the Neryl Acetate Market is 2022-2029.

5) What was the market size of the Neryl Acetate Market in 2021?
Ans. The market size of the Neryl Acetate Market in 2021 was US$ 1.90 Bn.