Lucintel’s latest market report analyzed that jasmine fragrance provides attractive opportunities in methyl the cosmetics, soap fragrance, and perfume applications. The jasmine fragrance market is expected to reach $428.3 billion by 2028 with a CAGR of 4.6%. In this market, methyl dihydrojasmonate is the largest segment by product type, whereas cosmetic is largest by application.
Based on product type, the jasmine fragrance market is segmented into methyl dihydrojasmonate, methyl jasmonate, and others. The methyl dihydrojasmonate segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increasing use of synthetic jasmine fragrances owing to their chemical composition and ability to function effectively under difficult environments without losing quality or effectiveness.
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The Jasmine Fragrance Market is marked by the presence of several big and small players. Some of the prominent players offering jasmine fragrance include Firmenich, Zeon, WanXiang International, Takasago, and NHU.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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