According to Fortune Business Insights™ The global ethyl levulinate market is set to gain traction from their extensive usage in fragrances and flavors of food items. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Ethyl Levulinate Market Size, Share & Industry Analysis, By Type (Food Grade, Industrial Grade), By Application (Food Additive, Fragrances, Others) and Regional Forecast, 2021-2028.” The report further states that ethyl levulinate is produced with the help of an environmentally friendly catalyst from biomass-derived furfuryl alcohol.

The COVID-19 pandemic has been causing huge losses for several industries since its emergence in December 2019. China being the major manufacturing hub for a variety of industrial components is under complete lockdown. This is causing disturbances in the supply chain. We are offering reports containing extensive analysis of the effects of the coronavirus crisis on every market.

Request a sample PDF (includes COVID-19 Impact Analysis):

This Report Answers the Following Questions:

  • Which segment is set to lead the market in the coming years?
  • What are the market growth drivers, dynamics, and obstacles?
  • How will the key companies increase sales of ethyl levulinate?
  • What are the historical, current, and forthcoming sizes of the market?

Drivers & Restraints-

Rising Usage in Food Additives & Aroma to Propel Growth

Ethyl levulinate has been used as food aroma and food additives since the past few years. In developing countries, the changing buying habits of people, as well as the increasing disposable incomes would augment the demand for ethyl levulinate. Apart from that, the Food & Extract Manufacturing Association (FEMA) claimed that the product is safe for human use as long as it follows certain regulatory requirements.

However, long exposure to ethyl levulinate can cause eye irritation, lung injury, coma, narcosis, dizziness, and behavioral changes. This factor may hamper the ethyl levulinate market growth in the near future.

Regional Analysis-

Increasing Usage in Perfumes & Body Sprays to Favor Growth in Latin America

Geographically, Asia Pacific is anticipated to lead in the coming years by generating the largest ethyl levulinate market share. This growth is attributable to the high demand from China and India. Additionally, the rising population of working women, hectic lifestyles, and rapid urbanization are some of the factors that are augmenting the demand for ready-to-eat food items in this region. It is further set to spur the demand for ethyl levulinate. In North America, the rising demand to enhance colors and flavors of food is likely to boost growth. Latin America is expected to grow steadily fueled by the increasing usage of ethyl levulinate in body sprays and perfumes.

Competitive Landscape-

Key Players Focus on Launching Unique Solutions to Intensify Competition

The companies present in the global market are striving to come up with new solutions that would be environmentally friendly and wouldn’t harm human beings. Some of the others are investing hefty amounts of money in conducting research and developments activities. Below is a recent industry development:

  • December 2019: Axxence Aromatic GmbH, a prominent chemical company headquartered in Germany launched its new 1% solution in triacetin or ethanol. It is natural trans-2, cis-6-nonadienal. It is a natural flavoring preparation that is 100% sustainable.

Inquiry before buying:

Fortune Business Insights™ lists out the names of all the ethyl levulinate manufacturers operating in the global market. They are as follows:

  • Axxence Aromatic
  • Beijing Lys Chemicals Co., Ltd.
  • Alfa Aesar
  • Fleurchem Inc.
  • Lluch Essence S.L
  • Advanced Biotech Inc.
  • Bedoukian Research
  • Berje Inc.
  • Elan Incorporated
  • Indukern F&F Ingredients Division


Related Chemicals Industry News-

Ceramic Coatings Market Data Current and Future Trends, Industry Size, Share, Revenue, Business Growth Forecast to 2027

Linerless Labels Market Latest Industry Size, Growth, Share, Demand, Trends, Competitive Landscape and Forecasts to 2027

Demulsifier Market Size, Outlook, Geographical Segmentation, Business Challenges and Opportunities till 2027

Micro Packaging Market Size, Gross Margin, Trends, Future Demand, Analysis by Top Leading Players and Forecast till 2027


About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email[email protected]

Fortune Business Insights™

Linkedin | Twitter | Blogs