Phenylethylamine Market Size, Trends, DROT, Worth, Revenue Analysis, For 2021–2027
The Global Phenylethylamine Market is projected to reach USD 723.7 million by 2027. The market is fueled by the rising trend of usage of phenylethylamine in psychoactive & mood intensifying products
Reports and Data has recently added a new comprehensive market research report on the global Phenylethylamine market that discusses in detail the market dynamics, technological advancements, macro- and micro-economic factors, economic growth in each major regions, and current and emerging market trends. The report offers key statistical information such as market size, market share, revenue growth and contribution, CAGR, regional and global expansion, supply chain and value chain analysis, and overall overview of the Phenylethylamine market. The report has been formulated with crucial information obtained from primary and secondary research such as interviews, journals, and government documents and is further validated by industry experts, professionals, and analysts. The report also covers SWOT analysis and Porter’s Five Forces analysis to offer critical insights into key companies operating in the market and overall competitive landscape.
The Global Phenylethylamine Market is projected to reach USD 723.7 million by 2027. The market is fueled by the rising trend of usage of phenylethylamine in psychoactive & mood intensifying products, and extensive growth of the overall medicated personal care industries, and proliferating usage of anti-depressant & pain relief products. Huge demand for the personal care industries specializing the mind-relaxing products, and an enormous lift in the growth of the chocolate industry, have substantially propelled the overall market growth and expected to add to the market share predominantly in the forthcoming years.
Key companies operating in the market and profiled in the report include:
Purong Essences, Jiaxing Sunlong Industrial & Trading, Arora Aromatics Pvt. Ltd., BASF SE, Chemical Point UG, Phoenix Aromas & Essential Oils LLC, Robertet Group, Aroma Chemical Services International GmbH, DSM, and Axxence Aromatic GmbH, among others.
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The emergence of COVID-19 pandemic has highlighted the importance of incorporating advanced technologies in manufacturing and production processes and increased investments in developing robust technological solutions. Companies operating in the market ramped up the value chain and global supply chain to cater to the growing global demand for disinfectants, sanitizers, and other chemicals, thereby accelerating revenue growth of the market. Capitalizing on the emerging trends such as sustainable packaging, rising demand for consumer personal care products, increasing need for packaged drinking water, and a paradigm shift to regional and local value chain have significantly contributed to the market revenue growth and are expected to be prevalent over the coming years.
Materials and chemicals industry has observed large-scale mergers and acquisition activities and other strategic initiatives such as collaborations, partnerships, joint ventures, brand promotions, agreements, and government and corporate deals, among others. Development of a robust product pipeline and increasing investment to accelerate research and development activities are some other key factors expected to drive market growth over the forecast period.
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The report further segments the Phenylethylamine market on the basis of types, applications, end-use, and regions. It offers insights into key factors expected to influence revenue growth of each segment and sub-segment and offers CAGR and revenue for each segment across key geographical regions. Regional analysis covers assessment of production and consumption patterns, supply and demand, import/export, consumer preferences, economic growth and investment opportunities, current and emerging trends, macro- and micro-economic growth factors, technological advancements, market share, market size, and a country-wise analysis to impart clear understanding of the regional scope of the global Phenylethylamine market.
Product Formation Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
Grade Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Domestic Grade
- Industrial Grade
Sales Channel Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Online Retails
- Offline Retails
Applications Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Food & Beverages
- Chemical Industry
Phenylethylamine Market Segmentation by Key Regions:
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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