Leaf Alcohol Market Size, Share, Growth, and Industry Analysis by Type (Natural Leaf Alcohol and Synthesis of Leaf Alcohol), By Application (Flavoring, Household Products, and Food seasoning), Regional Insights, and Forecast To 2031

Leaf Alcohol Market Report Overview

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The global leaf alcohol market size was USD 94 million in 2021 and is projected to touch USD 120.18 million by 2031, exhibiting a CAGR of 2.5% during the forecast period.

Cis-3-Hexenol is frequently recognized as leaf alcohol. It is a colorless greasy fluid, with an extreme grassy green fragrance of fresh grass. It exists in minor quantities in mint oils and is established from small purification from Mint terpenes. when the green leaves are clean and highly concentrated, the leaves have an ether-like green leave scent, and when it is concentrated, the green grass has garden-fresh and comfortable natural consequence, such as the green grass is retained in the summer. It is a very significant fragrance composite that is used in vegetable flavors, fruits, perfumes, and alcohol. Its esters are also significant flavors and scent raw material.

COVID-19 Impact: Shutdown of Personal Care Industry to Hamper Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with leaf alcohol experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The spike in CAGR is attributable to leaf alcohol market growth and demand returning to pre-pandemic levels once the pandemic is over.

The lockdown limitations globally, directed to the foremost disturbance in the supply chain which adversely affected the perfume market. Furthermore, the stoppage due to the interruption of several manufacturing and the prohibition on worldwide tourism in order to comprehend the spread of the global pandemic has hampered the market growth. COVID-19 has not just adversely compressed the fragrances and perfumes market worldwide, but its effect has resulted in a generation of prospects for many private companies to develop in the markets to provide for the magnified demand. Moreover, COVID-19 has led to a key end-user change, as consumers are no more brand devoted in emerging countries and are trying new brands in the low-stock situation.

LATEST TRENDS 

"Fabrication of Hexanol with Other Compounds to Foster Market Expansion"

The current discovery transmits to high-grade fragrance leaf alcohol called chemically cis-3-hexanol and with a molecular formula of C6H12O and weight 100-16. Especially, the current discovery creates cis-3-hexanol with butene-1 as measurable and over bromination, dedebromination under the alkaline situation to obtain 1-butine, conversation reaction of 1-butine and alkane bromide under the act of Grignard reagent, response with ethylene epoxide, hydrolysis to obtain 3-hexyne-1-alcohol, and final imperfect hydrogenation at standard temperature and pressure. The current discovery has produced transparency of over 99 % and has easy-to-obtain substantial at low cost.

Leaf Alcohol Market Segmentation

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• By Type

Based on type, the market is divided into Natural Leaf Alcohol and Synthesis of Leaf Alcohol.

Synthetic of leaf alcohol is the leading segment. It is extensively used as a flavor and fragrance agent in foods, cosmetics, and cigarettes. Moreover, it is also used as an intermediary in the fabrication of chemical materials for drugs and insecticides.

• By Application

Based on application, the market is classified into Flavoring, Household Products, and Food seasoning.

DRIVING FACTORS

"Increasing Adoption in Perfumes to Incite Market Growth"

Leaf alcohol shows an exceptional part in artificial perfumes and the prominence of leaf alcohol deceits in the detailed natural fragrance of leaf alcohol. The folyl alcohol and the derived thereof are the representation of the green revolution of the 60-year fragrance manufacturing, and more than 40 kinds of artificial fragrances with constructions linked to the folyl alcohol and the copied thereof are functional to organizing substances. The increasing use of cis-Hexenol for its perfume and flavoring agent uses globally across several sectors. The increasing demand from food, household products & personal care industry to improve the leaf alcohol market growth.

"Increasing Demand from Various Applications to Stimulate Market Growth"

Leaf alcohol and its equivalent trans-3-hexenol are existent in almost all green plants, such as tea, strawberry, and mint. Though, it has been examined that folyl alcohol and aldehydes thereof are not found in most commercially obtainable essential oils and that low-boiling alcohols such as folyl alcohol are lost in water owing to their high solubility in water during the steam concentration procedure of the crucial oils. It was not commercialized until lately by Fleuchem Rberfert perfumery, but interpretations for a very small portion of the total leaf alcohol source on the marketplace. The growing use of natural cis-Hexenol to increase improved flavor and fragrance. The rising fabrication of aroma substances enhances the demand. The growing consumer inclination for green and eco-friendly goods is anticipated to drive the market in the coming years

RESTRAINING FACTORS

"High Cost of Raw Materials to Reduce Product Adoption"

High cost, low buying power, and a lack of responsiveness about organic products. Possibly the extreme experiment that producers of natural fragrances face deceits in creating newer natural essential oils and dispensation into natural fragrances while safeguarding that the multitudes can afford the price limit.

Flavoring is the leading segment. It has a forested, green aroma with sweet notes that are alike to apple peel or freshly cut cucumber. The raw substantial for developing artificial flavors are used as the opening point for the mixture of other chemicals such as esters and lactones.

Leaf Alcohol Market Regional Insights

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"Increasing Demand for Personal Care Products in North America to Drive Market Share"

North America is estimated to hold the largest part of the leaf alcohol market share. With the increasing demand from the food and beverages sector, flavor and fragrance applications are likely to foster market development in the region. The increasing demand for essential oils will drive the regional budget. Moreover, there has been an improvement in the usage of flavorings and fragrances which have further augmented the consumption of these chemicals globally. 

KEY INDUSTRY PLAYERS

"Leading Players Adopt Strategies to Stay Competitive"

The report covers information about the list of market players and their latest development in the Industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

LIST OF TOP LEAF ALCOHOL COMPANIES

• ZEON (Japan)
• NHU (China)
• ShinEtsu (Japan)
• IFF (U.S.)
• Firmenich (Switzerland)
• Sharp Mint (India)
• Nectar (India)
• Arora Aromatics (India)
• Herbochem (India)
• Bhagat Aromatics (India)
• Mentha & Allied (India)

REPORT COVERAGE

This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.