Farnesene Market – Global Industry Insights, Market Size Estimation and Growth Forecast By Type (β-Farnesene and Isomer Mixtures), By Application (Vitamins, Performance Materials, Cosmetics & Personal Care, Flavors & Fragrances, Fuel and Others), & By Regions, 2017- 2025

Report Description

The global market for farnesene has been covered under the scope of this report. Farnesene is produced by fermentation of sugars through the usage of yeast. Selection of target genes is done to change the yeast’s metabolism, in order to convert the yeast to produce hydrocarbon instead of ethanol. Oxidation of farnesene is also associated with deterioration of fruits, and is known as chilling injury and superficial scald respectively. The global farnesene market has been segmented on the basis of type, application, and region. It also provides a cross sectional study of the global farnesene market across broad regional segments such as North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) under its scope. The market is primarily being driven by the rising demand of Farnesene for production of vitamin E, growing penetration of performance materials applications of farnesene and growing demand for farnesene in cosmetics industry.

Scope of the Report

A complete analysis of market dynamics, which include the market drivers, restraints and opportunities, is included under the scope of the report. Market dynamics are the distinctive factors that influence the growth of any specific market and hence are invaluable in studying the current trends in the global market. Market dynamics for the different segments, namely type and application, have been covered separately, under the purview of the report. Additionally, the pricing dynamics for each region has also been covered under the scope of the report. The pricing dynamics focuses on the price range of Farnesene in global market, in each region, and details the reasons for rise or fall in prices of Farnesene. Thus, this market research report on global farnesene market provides an exhaustive study and also provides the forecast of the market for the period from 2017 – 2025.

High-level Analysis Covered In the Report

Under the scope of the report on global farnesene market, several high-level analyses have been covered. This includes the product-market trend analysis, product lifecycle analysis, patent analysis, Porter’s five forces analysis and market attractiveness analysis. Market evolution analysis discusses regarding the product evolution and current market scenario. Key trends analysis discusses the current and upcoming trends of this market. Product lifecycle analysis analyzes the current lifecycle stage of the product in the five wide geographic regions, such as whether the product is approaching maturity in a region or whether it is a new entrant etc. Porter’s five forces analysis provides insights on the competitive scenario, with regards to new entrants, substitutes, buyers and suppliers. Patent analysis discusses on the various patents being filed and granted, across the different patent offices.

Market Attractiveness Analysis

For providing a detailed insight into the global farnesene market, the market attractive analysis has been provided in the industry analysis report. Market attractiveness analysis details the investment attractiveness, by each type, application and geography.

The Competitive Profiling

The competitive profiling of the key players in the global farnesene market and their capabilities as well as major customers has been exhaustively covered under the purview of the study. Moreover, the distinct business strategies that have been adopted by the major players in the market have also been included in the report.

Some Major Players in the Farnesene Industry

• Amyris, Inc. (The U.S.), Intrexon Corporation (The U.S.), Chromatin, Inc. (The U.S.), Penta Manufacturer (The U.S.) and Bedoukian Research Inc (The U.S.)
• Toronto Research Chemicals (Canada) among others.

Report Highlights

• Impeccable insights related to relevant segment of the market.
• In depth analysis of key trends of the market.
• In-depth analysis of the competitive landscape and competitor behavior in the market.
• Major push factors that will affect the growth of the market.
• Growth possibilities in different segments of the market till 2025.
• Key strategies implemented by the market leaders to sustain growth in the market.
• Engagement with client throughout every stage of research project.
• Consulting approach on this client project.
• Major restraining factor of the market.
• Ways to generate new revenue streams.
• Free customization with maximum flexibility limit.

Farnesene Market Dynamics

The primary driving factors of the global farnesene market are increasing demand of farnesene in vitamin E production, and growth in demand of performance materials applications. Squalene derived from farnesene has application as anti-aging ingredients in cosmetics and beauty care industry. In North America and some Asian countries, demand for farnesene based fragrances is growing significantly in recent years. Farnesene has been identified as prospective source for producing biofuel. Expansion of biofuel applications is expected to boost the growth of farnesene market in coming years. Considering the positive impacts of the aforementioned factors, the demand for farnesene is expected to rise during the forecast period from 2017 – 2025.

Farnesene Market Segmentation Overview

Based on type, the global farnesene market has been segmented into:

1. β-Farnesene
2. Isomer mixtures

As of 2016, β-Farnesene held the larger share in terms of both revenue and volume. Such large share of β-Farnesene is attributed to its wide scale of applications in the field of vitamin production, performance materials synthesis, cosmetics ingredients development and flavoring agent production.

By application, the farnesene market has been divided into:

1. Vitamins
2. Performance materials
3. Cosmetics & personal care
4. Flavors & fragrances
5. Fuel and others

As of 2016, vitamins held the larger share in terms of both revenue and volume.

Regional Outlook

Farnesene market has been further segmented into four broad geographic regions, namely:

• North America
• Europe
• Asia Pacific (APAC)
• Rest of the World (RoW)

Asia Pacific occupied the largest share of the market in 2016. The large market share can be attributed to growing application of farnesene as feedstock in biomedical industry in this region.