Lucintel Forecasts Menthyl Anthranilate Market to Grow at a CAGR of 3%-4%

According to the recent study the menthyl anthranilate market is projected to grow at a CAGR of 3%-4% from 2020 to 2025. Growth in this market is primarily driven by growing demand from the flavor and fragrance industry and lack of suitable alternative.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in menthyl anthranilate market by application (flavor and fragrance, pharmaceutical, and others), product type (menthyl anthranilate <99% and menthyl anthranilate =99%), and region (North America, Europe, Asia Pacific, and Rest of the World).

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“Methyl anthranilate <99% market is expected to remain the largest segment during the forecast period.”     

Based on product type, the menthyl anthranilate market is segmented into menthyl anthranilate <99% and menthyl anthranilate =99%. Lucintel forecasts that the menthyl anthranilate <99% is expected to witness the largest segment over the forecast period.

“Within the menthyl anthranilate market, the flavor and fragrance segment is expected to remain the largest application.”

Based on application, the flavor and fragrance segment is expected to witness the largest application over the forecast period due to their increasing usage in various food products, rise in need of food and change in food habits.

“Asia Pacific will dominate the menthyl anthranilate market in near future.”

Asia Pacific is expected to be the largest region over the forecast period due to rise in urbanization and changing living standard of consumers in this region.

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Major players of menthyl anthranilate market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Lfa Aesar, Ambernath Organics, Shanghai Demand Chemical, Suqian Yongfang, Wujiang New Sunlion Chemical, Advanced Biotech, Merck KGaA, Darmstadt, Finoric, TCI Chemicals, Hubei Newscien Bioscientific, and Fuxin Qianyi Fine Chemical are among the major menthyl anthranilate providers.

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 https://www.lucintel.com/menthyl-anthranilate-acid-market.aspx or helpdesk@lucintel.com.

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Contact:
Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
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