Pune, India -- (SBWire) -- 02/15/2019 --According to Fact.MR's recent research report, the global market for eugenol is projected to reflect an impressive 6.0% CAGR, in terms of value, over the forecast period, 2017 to 2026. More than 37,000 tons of eugenol are anticipated to be sold across the globe by 2026-end.
APEJ to Remain Dominant in Global Eugenol Market
In terms of value, Asia-Pacific excluding Japan (APEJ) is slated to remain dominant in the global eugenol market. Dominance of APEJ in the market can be mainly attributed to surging prevalence of ailments such as diabetes, and cancer. In addition, the region exhibits a significant surge in geriatric population, which is highly prone to these diseases. North America is also expected to remain a remunerative region for the eugenol market, on the back of its technological and economic vigour.
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Competition Tracking
Eugenol derivatives have unlocked a whole new opportunity in the field of pharmacology, kindling interests of leading market players on this compound. These players are making R&D investments for coming up with specifications for identifying dosage of eugenol required for functional applications, and exploring hidden potentials of eugenol in improving human health. Key players that Fact.MR's report expects to drive growth of the global eugenol market include Van Aroma, Nile Chemicals, Sigma-Aldrich, Nusaroma Indonesia Essential Oil, Berjé, CV. Indaroma, Extrasynthese, Penta Manufacturing Company, Vigon International, and Boc Sciences.
Eugenol to Seek Significant Adoption as Potential Chemotherapeutic Agent
Predominantly sought in spices including basil, cinnamon, clove and nutmeg, eugenol comprises potent anti-stress and neuro-protective properties. In light of these properties, eugenol hold potential of inhibiting transmission in sciatic nerves, and improving neuronal complications. In addition, novel strategies implemented in cancer prevention have initiated utilization of eugenol as one of the potential chemotherapeutic agent. Synergistic effect of eugenol combined with chemo-preventive drugs significantly help in reducing drug toxicity in normal cells, meanwhile augmenting cytotoxicity of synthetic agents. Inhibitory action of eugenol & iso-eugenol have been suggested against melanoma cell lines, as it induces apoptosis and leads to cell cycle arrest, thereby curtailing cell proliferation in cancer patients.
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Revenues from end-use of eugenol in personal care products is forecast to record the fastest expansion through 2026. Numerous unapproved OTC products exist in the market with eugenol as an integral compound for preventing and treating toothache. In addition, eugenol is commonly employed in dental procedures along with zinc oxide for cementation of temporary prostheses.
Cloves will continue to be sought-after among sources of eugenol. Revenues from eugenol sourced from cloves are likely to remain significantly larger than those sourced from cinnamon, nutmeg, and basil combined. Based on application, base ingredient and perfumes, flavorings, & essential oils, are expected to endure as largest revenue contributors to the market.
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Table of Content Covered in the report are:
1. Global Economic Outlook
2. Global Eugenol Market - Executive Summary
2.1. Opportunity Analysis and Megatrends
3. Global Eugenol Market Overview
3.1. Introduction
3.1.1. Global Eugenol Market Taxonomy
3.1.2. Global Eugenol Market Definition
3.2. Global Eugenol Market Size (US$ Mn and Tons) and Forecast, 2012-2026
3.2.1. Global Eugenol Market Y-o-Y Growth
3.3. Global Eugenol Market Dynamics
3.4. Supply Chain Analysis
3.5. Product Lifecycle Assessment
3.6. Porter's Analysis
3.7. PESTLE Analysis
3.8. Investment Feasibility Matrix
3.9. Competition Matrix
3.10. Government Regulations and Policies
3.11. Trade Analysis
3.12. Number of Shipments
3.13. Major Clove Producers
3.14. Key Participants Market Presence (Intensity Map) By Region
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4. Global Eugenol Market Analysis and Forecast 2012-2024
4.1. Global Eugenol Market Size and Forecast By Source Type, 2012-2024
4.1.1. Cloves Market Size and Forecast, 2012-2024
4.1.1.1. Revenue (US$ Mn) & Volume (Tons) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Cinnamon Market Size and Forecast, 2012-2024
4.1.2.1. Revenue (US$ Mn) & Volume (Tons) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Nutmeg Market Size and Forecast, 2012-2024
4.1.3.1. Revenue (US$ Mn) & Volume (Tons) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Basil Market Size and Forecast, 2012-2024
4.1.4.1. Revenue (US$ Mn) & Volume (Tons) Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
4.1.5. Other Source Types Market Size and Forecast, 2012-2024
4.1.5.1. Revenue (US$ Mn) & Volume (Tons) Comparison, By Region
4.1.5.2. Market Share Comparison, By Region
4.1.5.3. Y-o-Y growth Comparison, By Region
4.2. Global Eugenol Market Size and Forecast By End Use, 2012-2024
4.2.1. Food Industry Market Size and Forecast, 2012-2024
4.2.1.1. Revenue (US$ Mn) & Volume (Tons) Comparison, By Region
4.2.1.2. Market Share Comparison, By Region
4.2.1.3. Y-o-Y growth Comparison, By Region
4.2.2. Pharmaceutical Industry Market Size and Forecast, 2012-2024
4.2.2.1. Revenue (US$ Mn) & Volume (Tons) Comparison, By Region
4.2.2.2. Market Share Comparison, By Region
4.2.2.3. Y-o-Y growth Comparison, By Region
4.2.3. Personal Care Market Size and Forecast, 2012-2024
4.2.3.1. Revenue (US$ Mn) & Volume (Tons) Comparison, By Region
4.2.3.2. Market Share Comparison, By Region
4.2.3.3. Y-o-Y growth Comparison, By Region
4.2.4. Other End Use Industry Market Size and Forecast, 2012-2024
4.2.4.1. Revenue (US$ Mn) & Volume (Tons) Comparison, By Region
4.2.4.2. Market Share Comparison, By Region
4.2.4.3. Y-o-Y growth Comparison, By Region
4.3. Global Eugenol Market Size and Forecast By Application, 2012-2024
4.3.1. Base Ingredient Market Size and Forecast, 2012-2024
4.3.1.1. Revenue (US$ Mn) & Volume (Tons) Comparison, By Region
4.3.1.2. Market Share Comparison, By Region
4.3.1.3. Y-o-Y growth Comparison, By Region
4.3.2. Stabilizers & Antioxidants Market Size and Forecast, 2012-2024
4.3.2.1. Revenue (US$ Mn) & Volume (Tons) Comparison, By Region
4.3.2.2. Market Share Comparison, By Region
4.3.2.3. Y-o-Y growth Comparison, By Region
4.3.3. Antiseptic & Anesthetic Market Size and Forecast, 2012-2024
4.3.3.1. Revenue (US$ Mn) & Volume (Tons) Comparison, By Region
4.3.3.2. Market Share Comparison, By Region
4.3.3.3. Y-o-Y growth Comparison, By Region
4.3.4. Perfumeries, Flavorings, Essential Oils Market Size and Forecast, 2012-2024
4.3.4.1. Revenue (US$ Mn) & Volume (Tons) Comparison, By Region
4.3.4.2. Market Share Comparison, By Region
4.3.4.3. Y-o-Y growth Comparison, By Region
4.3.5. Other Applications Market Size and Forecast, 2012-2024
4.3.5.1. Revenue (US$ Mn) & Volume (Tons) Comparison, By Region
4.3.5.2. Market Share Comparison, By Region
4.3.5.3. Y-o-Y growth Comparison, By Region
5. North America Eugenol Market Size and Forecast, 2012-2026
5.1. North America Outlook
5.2. North America Parent Market Outlook
5.3. North America Target Market Outlook
5.4. Revenue (US$ Mn) & Volume (Tons) Comparison, By Country
5.4.1. US Market Size and Forecast (US$ Mn and Tons), 2012-2026
5.4.2. Canada Market Size and Forecast (US$ Mn and Tons), 2012-2026
5.5. Revenue (US$ Mn) & Volume (Tons) Comparison, By Source Type
5.6. Revenue (US$ Mn) & Volume (Tons) Comparison, By End Use
5.7. Revenue (US$ Mn) & Volume (Tons) Comparison, By Application
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Eugenol Market Analysis, Trends, Forecast, 2018-2028
Fact.MR has announced the addition of the “ Eugenol Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028"report to their offering.