GLOBAL 3 - HEXEN-1-OL MARKET SIZE (2023 - 2030)

The Global 3-Hexen-1-ol Market was valued at USD 96.35 million and is projected to reach a market size of USD 114.53 million by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 2.5%. 

Industry Overview:

The COVID-19 pandemic has had a devastating and unprecedented impact on the world, and 3-Hexen-1-ol has seen higher-than-expected demand in all regions compared to pre-pandemic levels. When the epidemic is finished, demand will resume to its pre-pandemic levels, which will explain the abrupt increase in CAGR. 3-Hexen-1-ol is a name that is frequently given to cis-3-hexenol. It is a clear, oily fluid without colour that smells strongly of fresh grass. It is established through modest purification of mint terpenes and is present in trace amounts in mint oils. The most recent finding relates to high-grade fragrance 3-Hexen-1-ol, also known as cis-3-hexanol, which has the chemical formula C6H12O with a molecular weight of 100–16. The new discovery specifically produces cis-3-hexanol with butene-1 as measurable and over bromination, dedebromination in an alkaline environment to produce 1-butine, conversation reaction of 1-butine and alkane bromide under the action of Grignard reagent, response with ethylene epoxide, hydrolysis to produce 3-hexyne-1-alcohol, and final imperfect hydrogenation at standard temperature and pressure. The most recent finding produced over 99% transparency and easy-to-obtain quantities at a reasonable price.

COVID-19 Impact:

The global lockdown restrictions targeted the primary supply chain disruption that negatively impacted the perfume market. Additionally, the halting of several industrial processes and the ban on international travel to understand the spread of the global pandemic have slowed market expansion. In addition to negatively impacting the global market for scents and perfumes, COVID-19's impact has created opportunities for numerous private enterprises to grow in the markets and meet the heightened demand. Additionally, COVID-19 has brought about a significant change in the end user, as customers in emerging markets are less brand loyal and are more likely to try new brands when there are limited stocks.

MARKET DRIVERS

Increasing demand for fragrant is driving growth in 3-Hexen-1-ol Market

3-Hexen-1-ol has a noteworthy role in synthetic fragrances, and its presence in its authentic natural aroma is a fraud. More than 40 different artificial smells with structures connected to folyl alcohol and the copied thereof are useful to arranging substances. The folyl alcohol and the derived thereof are a symbol of the green revolution of the 60-year fragrance production. The global use of cis Hexenol as a flavouring and fragrance ingredient is growing in a number of industries.

Demand for green plants driving growth in 3-Hexen-1-ol Market

Nearly all green plants, like tea, strawberries, and mint, contain 3-Hexen-1-ol and its counterpart trans-3-hexenol. However, it has been found that folyl alcohol and its aldehydes are not present in the majority of commercially available essential oils, and that low-boiling alcohols like folyl alcohol are lost in water during the steam concentration process of the essential oils because of their high solubility in water. It wasn't made available for purchase until recently by Fleuchem Rberfert Perfumery, but only in extremely modest quantities compared to the overall supply of 3-Hexen-1-ol available for sale. Natural cis-Hexenol is being used more frequently to enhance flavour and smell. The production of fragrance compounds is increasing, which raises demand. In the upcoming years, it is projected that the market would be driven by the rising customer preference for eco-friendly and green products.

MARKET RESTRAINTS

High price of 3-Hexen-1-ol is restraining growth in 3-Hexen-1-ol Market

High price, limited purchasing power, and a lack of interest in organic products. Perhaps the most extreme experiment is the deception that natural fragrance makers encounter while developing newer essential oils and distributing them while ensuring that the general public can afford the price cap. The section that leads is flavouring. It smells pleasant, like apple peel or freshly cut cucumber, and has a wooded, green scent. The starting point for the blending of additional compounds, including esters and lactones, is the raw material utilised to create fake flavours.

3-HEXEN-1-OL MARKET REPORT COVERAGE:

This research report on the global 3-Hexen-1-ol Market has been segmented and sub-segmented based on type, application, and region.

3-Hexen-1-ol market segmentation – By Type

1. Natural 3-Hexen-1-ol

2. Synthesis of 3-Hexen-1-ol

The market is segmented into Natural 3-Hexen-1-ol and Synthesis of 3-Hexen-1-ol based on type. The market leader is synthetic 3-Hexen-1-ol. It is widely used in foods, cosmetics, and tobacco products as a flavouring and aroma ingredient. Additionally, it serves as a middleman in the production of chemical components for medications and insecticides.

3-Hexen-1-ol market segmentation – By Application

1. Seasoning for food

2. Household goods

3. Flavours

By Application The market is divided into three categories based on application: seasoning for food, household goods, and flavours. Green grass has a garden-fresh and comfortable natural consequence when it is concentrated, such as the green grass being retained in the summer, and when the green leaves are clean and highly concentrated, the leaves have an ether-like green leave aroma. It is a very important aroma combination that is utilised in alcoholic beverages, fruits, vegetable flavours, and fragrances. Esters from it are an important source of flavourings and fragrances.

3-Hexen-1-ol market segmentation – By Region

1. North America

2. Europe

3. Asia-Pacific

4. South America

5. Middle East and Africa

According to estimates, the market for 3-Hexen-1-ol is dominated by North America. Applications for taste and fragrance are projected to encourage market growth in the area due to the rising demand from the food and beverage industry. The regional budget will be influenced by the rising demand for essential oils. Additionally, the use of flavourings and perfumes has improved, which has increased the consumption of these compounds on a global scale.

3-Hexen-1-ol market segmentation – By Company

The report includes information on a list of industry participants and their most recent developments. The data includes technological advancements, production lines, partnerships, mergers, and acquisitions. Complete study on companies developing and introducing the newest goods, the locations in which they operate, automation, technology adoption, creating the greatest income, and making a difference with their products are some of the other factors looked at for this market.

1. ZEON (Japan),

2. NHU (China),

3. ShinEtsu (Japan),

4. IFF (U.S.),

5. Firmenich (Switzerland),

6. Sharp Mint (India),

are one of the major market players in the industry. The entry barriers of the industry are very high.

NOTABLE HAPPENINGS IN THE 3-HEXEN-1-OL MARKET IN THE RECENT PAST:

• In October 2022, Real opened UK’s first fermentation plant for non-alcoholic drinks

• In October 2022, Cuzen Matcha launched tea machine in the US market. The company used to make alcoholic beverages before.