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Carvone-Global Market Insights and Sales Trends 2025
Synopsis
Carvone is a member of a family of chemicals called terpenoids. Carvone is found naturally in many essential oils, but is most abundant in the oils from seeds of caraway (Carum carvi), spearmint (Mentha spicata), and dill.
Carvone forms two mirror image forms or enantiomers: R-(–)-carvone smells like spearmint leaves. Its mirror image, S-(+)-carvone, smells like caraway seeds. The fact that the two enantiomers are perceived as smelling different is evidence that olfactory receptors must contain chiral groups, allowing them to respond more strongly to one enantiomer than to the other. The two forms are also referred to by the older names of laevo (L) referring to R-(–)-carvone, and dextro (D) referring to S-(+)-carvone.
Though spearmint oil contains about 60% of Carvone, however, in this report, we do not calculate that as Carvone. The target of the report is carvone that recognized in the industry as high purity carvone.
The global Carvone market size is expected to reach US$ 70 million by 2029, growing at a CAGR of 4.1% from 2023 to 2029. The market is mainly driven by the significant applications of Carvone in various end use industries. The expanding demands from the Daily Use Chemical Essence, Food Additive, Pharmaceutical and Agricultural, are propelling Carvone market. L-Carvone, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the D-Carvone segment is estimated at % CAGR for the next seven-year period.
China and India have taken 78% of world carvone production, and USA took 16% of world carvone production. Carvone is a highly concentrated industry with limited manufacturers competing in this market. The top three producers, Paramount Aromachem, Wanxiang International and Renessenz accounted for 81% of the market.
The demand of carvone is concentrated in China, India, USA and EU. The consumption of carvone in China was 32%, ahead of other regions.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Carvone, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Carvone market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Carvone market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Carvone sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Carvone covered in this report include Paramount Aromachem, Renessenz, Gem Aromatics, Shree Bankey Behari Lal Aromatics, Wanxiang International, Jishui County Shunmin Medicinal and Lvchang Chemical, etc.
The global Carvone market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Paramount Aromachem
Renessenz
Gem Aromatics
Shree Bankey Behari Lal Aromatics
Wanxiang International
Jishui County Shunmin Medicinal
Lvchang Chemical
Global Carvone market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Carvone market, Segment by Type:
L-Carvone
D-Carvone
Global Carvone market, by Application
Daily Use Chemical Essence
Food Additive
Pharmaceutical
Agricultural
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Carvone manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Carvone in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Carvone is a member of a family of chemicals called terpenoids. Carvone is found naturally in many essential oils, but is most abundant in the oils from seeds of caraway (Carum carvi), spearmint (Mentha spicata), and dill.
Carvone forms two mirror image forms or enantiomers: R-(–)-carvone smells like spearmint leaves. Its mirror image, S-(+)-carvone, smells like caraway seeds. The fact that the two enantiomers are perceived as smelling different is evidence that olfactory receptors must contain chiral groups, allowing them to respond more strongly to one enantiomer than to the other. The two forms are also referred to by the older names of laevo (L) referring to R-(–)-carvone, and dextro (D) referring to S-(+)-carvone.
Though spearmint oil contains about 60% of Carvone, however, in this report, we do not calculate that as Carvone. The target of the report is carvone that recognized in the industry as high purity carvone.
The global Carvone market size is expected to reach US$ 70 million by 2029, growing at a CAGR of 4.1% from 2023 to 2029. The market is mainly driven by the significant applications of Carvone in various end use industries. The expanding demands from the Daily Use Chemical Essence, Food Additive, Pharmaceutical and Agricultural, are propelling Carvone market. L-Carvone, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the D-Carvone segment is estimated at % CAGR for the next seven-year period.
China and India have taken 78% of world carvone production, and USA took 16% of world carvone production. Carvone is a highly concentrated industry with limited manufacturers competing in this market. The top three producers, Paramount Aromachem, Wanxiang International and Renessenz accounted for 81% of the market.
The demand of carvone is concentrated in China, India, USA and EU. The consumption of carvone in China was 32%, ahead of other regions.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Carvone, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Carvone market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Carvone market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Carvone sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Carvone covered in this report include Paramount Aromachem, Renessenz, Gem Aromatics, Shree Bankey Behari Lal Aromatics, Wanxiang International, Jishui County Shunmin Medicinal and Lvchang Chemical, etc.
The global Carvone market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Paramount Aromachem
Renessenz
Gem Aromatics
Shree Bankey Behari Lal Aromatics
Wanxiang International
Jishui County Shunmin Medicinal
Lvchang Chemical
Global Carvone market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Carvone market, Segment by Type:
L-Carvone
D-Carvone
Global Carvone market, by Application
Daily Use Chemical Essence
Food Additive
Pharmaceutical
Agricultural
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Carvone manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Carvone in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Carvone Market Overview
1.1 Carvone Product Overview
1.2 Carvone Market Segment by Type
1.2.1 L-Carvone
1.2.2 D-Carvone
1.3 Global Carvone Market Size by Type
1.3.1 Global Carvone Market Size Overview by Type (2018-2029)
1.3.2 Global Carvone Historic Market Size Review by Type (2018-2023)
1.3.3 Global Carvone Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Carvone Sales Breakdown by Type (2018-2023)
1.4.2 Europe Carvone Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Carvone Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Carvone Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Carvone Sales Breakdown by Type (2018-2023)
2 Global Carvone Market Competition by Company
2.1 Global Top Players by Carvone Sales (2018-2023)
2.2 Global Top Players by Carvone Revenue (2018-2023)
2.3 Global Top Players by Carvone Price (2018-2023)
2.4 Global Top Manufacturers Carvone Manufacturing Base Distribution, Sales Area, Product Type
2.5 Carvone Market Competitive Situation and Trends
2.5.1 Carvone Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Carvone Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Carvone as of 2022)
2.7 Date of Key Manufacturers Enter into Carvone Market
2.8 Key Manufacturers Carvone Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Carvone Status and Outlook by Region
3.1 Global Carvone Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Carvone Historic Market Size by Region
3.2.1 Global Carvone Sales in Volume by Region (2018-2023)
3.2.2 Global Carvone Sales in Value by Region (2018-2023)
3.2.3 Global Carvone Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Carvone Forecasted Market Size by Region
3.3.1 Global Carvone Sales in Volume by Region (2024-2029)
3.3.2 Global Carvone Sales in Value by Region (2024-2029)
3.3.3 Global Carvone Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Carvone by Application
4.1 Carvone Market Segment by Application
4.1.1 Daily Use Chemical Essence
4.1.2 Food Additive
4.1.3 Pharmaceutical
4.1.4 Agricultural
4.1.5 Others
4.2 Global Carvone Market Size by Application
4.2.1 Global Carvone Market Size Overview by Application (2018-2029)
4.2.2 Global Carvone Historic Market Size Review by Application (2018-2023)
4.2.3 Global Carvone Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Carvone Sales Breakdown by Application (2018-2023)
4.3.2 Europe Carvone Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Carvone Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Carvone Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Carvone Sales Breakdown by Application (2018-2023)
5 North America Carvone by Country
5.1 North America Carvone Historic Market Size by Country
5.1.1 North America Carvone Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Carvone Sales in Volume by Country (2018-2023)
5.1.3 North America Carvone Sales in Value by Country (2018-2023)
5.2 North America Carvone Forecasted Market Size by Country
5.2.1 North America Carvone Sales in Volume by Country (2024-2029)
5.2.2 North America Carvone Sales in Value by Country (2024-2029)
6 Europe Carvone by Country
6.1 Europe Carvone Historic Market Size by Country
6.1.1 Europe Carvone Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Carvone Sales in Volume by Country (2018-2023)
6.1.3 Europe Carvone Sales in Value by Country (2018-2023)
6.2 Europe Carvone Forecasted Market Size by Country
6.2.1 Europe Carvone Sales in Volume by Country (2024-2029)
6.2.2 Europe Carvone Sales in Value by Country (2024-2029)
7 Asia-Pacific Carvone by Region
7.1 Asia-Pacific Carvone Historic Market Size by Region
7.1.1 Asia-Pacific Carvone Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Carvone Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Carvone Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Carvone Forecasted Market Size by Region
7.2.1 Asia-Pacific Carvone Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Carvone Sales in Value by Region (2024-2029)
8 Latin America Carvone by Country
8.1 Latin America Carvone Historic Market Size by Country
8.1.1 Latin America Carvone Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Carvone Sales in Volume by Country (2018-2023)
8.1.3 Latin America Carvone Sales in Value by Country (2018-2023)
8.2 Latin America Carvone Forecasted Market Size by Country
8.2.1 Latin America Carvone Sales in Volume by Country (2024-2029)
8.2.2 Latin America Carvone Sales in Value by Country (2024-2029)
9 Middle East and Africa Carvone by Country
9.1 Middle East and Africa Carvone Historic Market Size by Country
9.1.1 Middle East and Africa Carvone Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Carvone Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Carvone Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Carvone Forecasted Market Size by Country
9.2.1 Middle East and Africa Carvone Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Carvone Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Paramount Aromachem
10.1.1 Paramount Aromachem Company Information
10.1.2 Paramount Aromachem Introduction and Business Overview
10.1.3 Paramount Aromachem Carvone Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Paramount Aromachem Carvone Products Offered
10.1.5 Paramount Aromachem Recent Development
10.2 Renessenz
10.2.1 Renessenz Company Information
10.2.2 Renessenz Introduction and Business Overview
10.2.3 Renessenz Carvone Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Renessenz Carvone Products Offered
10.2.5 Renessenz Recent Development
10.3 Gem Aromatics
10.3.1 Gem Aromatics Company Information
10.3.2 Gem Aromatics Introduction and Business Overview
10.3.3 Gem Aromatics Carvone Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Gem Aromatics Carvone Products Offered
10.3.5 Gem Aromatics Recent Development
10.4 Shree Bankey Behari Lal Aromatics
10.4.1 Shree Bankey Behari Lal Aromatics Company Information
10.4.2 Shree Bankey Behari Lal Aromatics Introduction and Business Overview
10.4.3 Shree Bankey Behari Lal Aromatics Carvone Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Shree Bankey Behari Lal Aromatics Carvone Products Offered
10.4.5 Shree Bankey Behari Lal Aromatics Recent Development
10.5 Wanxiang International
10.5.1 Wanxiang International Company Information
10.5.2 Wanxiang International Introduction and Business Overview
10.5.3 Wanxiang International Carvone Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Wanxiang International Carvone Products Offered
10.5.5 Wanxiang International Recent Development
10.6 Jishui County Shunmin Medicinal
10.6.1 Jishui County Shunmin Medicinal Company Information
10.6.2 Jishui County Shunmin Medicinal Introduction and Business Overview
10.6.3 Jishui County Shunmin Medicinal Carvone Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Jishui County Shunmin Medicinal Carvone Products Offered
10.6.5 Jishui County Shunmin Medicinal Recent Development
10.7 Lvchang Chemical
10.7.1 Lvchang Chemical Company Information
10.7.2 Lvchang Chemical Introduction and Business Overview
10.7.3 Lvchang Chemical Carvone Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Lvchang Chemical Carvone Products Offered
10.7.5 Lvchang Chemical Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Carvone Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Carvone Industrial Chain Analysis
11.4 Carvone Market Dynamics
11.4.1 Carvone Industry Trends
11.4.2 Carvone Market Drivers
11.4.3 Carvone Market Challenges
11.4.4 Carvone Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Carvone Distributors
12.3 Carvone Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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