The global L-Carvone market size was valued at US$ 156.7 million in 2024 and is projected to reach US$ 198.4 million by 2030, at a CAGR of 4.0% during the forecast period 2024-2030.
The United States L-Carvone market size was valued at US$ 45.6 million in 2024 and is projected to reach US$ 56.7 million by 2030, at a CAGR of 3.7% during the forecast period 2024-2030.
L-Carvone is the spearmint-scented isomer of carvone used in flavors and fragrances.
The global market is growing slowly, driven by flavor applications and oral care products. In 2023, production reached 2,500 metric tons globally, with flavor industry accounting for 65% of consumption. The market saw a 15% increase in natural extract adoption in 2023. Synthetic L-carvone dominates with an 80% share, while natural extracts are growing at 5% annually. Europe leads with a 40% market share, while Asia Pacific is the fastest-growing region at 4.5% CAGR. The industry is focusing on developing natural extraction methods, with a 20% growth in R&D investments for process improvement.
Report Overview
L-Carvone is a natural compound found in certain essential oils, used as a flavoring agent, fragrance, and insect repellent.
This report provides a deep insight into the global L-Carvone market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global L-Carvone Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the L-Carvone market in any manner.
Global L-Carvone Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Paramount Aromachem
Renessenz
Gem Aromatics
Shree Bankey Behari Lal Aromatics
Wanxiang International
Jishui County Shunmin Medicinal
Lvchang Chemical
Market Segmentation (by Type)
Natural Carvone
Synthetic Carvone
Market Segmentation (by Application)
Daily Use Chemical Essence
Food Additive
Pharmaceutical
Agricultural
Others
Geographic Segmentation
TABLE OF CONTENTS
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of L-Carvone
1.2 Key Market Segments
1.2.1 L-Carvone Segment by Type
1.2.2 L-Carvone Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 L-Carvone Market Overview
2.1 Global Market Overview
2.1.1 Global L-Carvone Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global L-Carvone Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 L-Carvone Market Competitive Landscape
3.1 Global L-Carvone Sales by Manufacturers (2019-2024)
3.2 Global L-Carvone Revenue Market Share by Manufacturers (2019-2024)
3.3 L-Carvone Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global L-Carvone Average Price by Manufacturers (2019-2024)
3.5 Manufacturers L-Carvone Sales Sites, Area Served, Product Type
3.6 L-Carvone Market Competitive Situation and Trends
3.6.1 L-Carvone Market Concentration Rate
3.6.2 Global 5 and 10 Largest L-Carvone Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 L-Carvone Industry Chain Analysis
4.1 L-Carvone Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of L-Carvone Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 L-Carvone Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global L-Carvone Sales Market Share by Type (2019-2024)
6.3 Global L-Carvone Market Size Market Share by Type (2019-2024)
6.4 Global L-Carvone Price by Type (2019-2024)
7 L-Carvone Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global L-Carvone Market Sales by Application (2019-2024)
7.3 Global L-Carvone Market Size (M USD) by Application (2019-2024)
7.4 Global L-Carvone Sales Growth Rate by Application (2019-2024)
8 L-Carvone Market Segmentation by Region
8.1 Global L-Carvone Sales by Region
8.1.1 Global L-Carvone Sales by Region
8.1.2 Global L-Carvone Sales Market Share by Region
8.2 North America
8.2.1 North America L-Carvone Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe L-Carvone Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific L-Carvone Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America L-Carvone Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa L-Carvone Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Paramount Aromachem
9.1.1 Paramount Aromachem L-Carvone Basic Information
9.1.2 Paramount Aromachem L-Carvone Product Overview
9.1.3 Paramount Aromachem L-Carvone Product Market Performance
9.1.4 Paramount Aromachem Business Overview
9.1.5 Paramount Aromachem L-Carvone SWOT Analysis
9.1.6 Paramount Aromachem Recent Developments
9.2 Renessenz
9.2.1 Renessenz L-Carvone Basic Information
9.2.2 Renessenz L-Carvone Product Overview
9.2.3 Renessenz L-Carvone Product Market Performance
9.2.4 Renessenz Business Overview
9.2.5 Renessenz L-Carvone SWOT Analysis
9.2.6 Renessenz Recent Developments
9.3 Gem Aromatics
9.3.1 Gem Aromatics L-Carvone Basic Information
9.3.2 Gem Aromatics L-Carvone Product Overview
9.3.3 Gem Aromatics L-Carvone Product Market Performance
9.3.4 Gem Aromatics L-Carvone SWOT Analysis
9.3.5 Gem Aromatics Business Overview
9.3.6 Gem Aromatics Recent Developments
9.4 Shree Bankey Behari Lal Aromatics
9.4.1 Shree Bankey Behari Lal Aromatics L-Carvone Basic Information
9.4.2 Shree Bankey Behari Lal Aromatics L-Carvone Product Overview
9.4.3 Shree Bankey Behari Lal Aromatics L-Carvone Product Market Performance
9.4.4 Shree Bankey Behari Lal Aromatics Business Overview
9.4.5 Shree Bankey Behari Lal Aromatics Recent Developments
9.5 Wanxiang International
9.5.1 Wanxiang International L-Carvone Basic Information
9.5.2 Wanxiang International L-Carvone Product Overview
9.5.3 Wanxiang International L-Carvone Product Market Performance
9.5.4 Wanxiang International Business Overview
9.5.5 Wanxiang International Recent Developments
9.6 Jishui County Shunmin Medicinal
9.6.1 Jishui County Shunmin Medicinal L-Carvone Basic Information
9.6.2 Jishui County Shunmin Medicinal L-Carvone Product Overview
9.6.3 Jishui County Shunmin Medicinal L-Carvone Product Market Performance
9.6.4 Jishui County Shunmin Medicinal Business Overview
9.6.5 Jishui County Shunmin Medicinal Recent Developments
9.7 Lvchang Chemical
9.7.1 Lvchang Chemical L-Carvone Basic Information
9.7.2 Lvchang Chemical L-Carvone Product Overview
9.7.3 Lvchang Chemical L-Carvone Product Market Performance
9.7.4 Lvchang Chemical Business Overview
9.7.5 Lvchang Chemical Recent Developments
10 L-Carvone Market Forecast by Region
10.1 Global L-Carvone Market Size Forecast
10.2 Global L-Carvone Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe L-Carvone Market Size Forecast by Country
10.2.3 Asia Pacific L-Carvone Market Size Forecast by Region
10.2.4 South America L-Carvone Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of L-Carvone by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global L-Carvone Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of L-Carvone by Type (2025-2030)
11.1.2 Global L-Carvone Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of L-Carvone by Type (2025-2030)
11.2 Global L-Carvone Market Forecast by Application (2025-2030)
11.2.1 Global L-Carvone Sales (Kilotons) Forecast by Application
11.2.2 Global L-Carvone Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings
LIST OF TABLES & FIGURES
List of Tables
Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. L-Carvone Market Size Comparison by Region (M USD)
Table 5. Global L-Carvone Sales (Kilotons) by Manufacturers (2019-2024)
Table 6. Global L-Carvone Sales Market Share by Manufacturers (2019-2024)
Table 7. Global L-Carvone Revenue (M USD) by Manufacturers (2019-2024)
Table 8. Global L-Carvone Revenue Share by Manufacturers (2019-2024)
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in L-Carvone as of 2022)
Table 10. Global Market L-Carvone Average Price (USD/Ton) of Key Manufacturers (2019-2024)
Table 11. Manufacturers L-Carvone Sales Sites and Area Served
Table 12. Manufacturers L-Carvone Product Type
Table 13. Global L-Carvone Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion Plans
Table 15. Industry Chain Map of L-Carvone
Table 16. Market Overview of Key Raw Materials
Table 17. Midstream Market Analysis
Table 18. Downstream Customer Analysis
Table 19. Key Development Trends
Table 20. Driving Factors
Table 21. L-Carvone Market Challenges
Table 22. Global L-Carvone Sales by Type (Kilotons)
Table 23. Global L-Carvone Market Size by Type (M USD)
Table 24. Global L-Carvone Sales (Kilotons) by Type (2019-2024)
Table 25. Global L-Carvone Sales Market Share by Type (2019-2024)
Table 26. Global L-Carvone Market Size (M USD) by Type (2019-2024)
Table 27. Global L-Carvone Market Size Share by Type (2019-2024)
Table 28. Global L-Carvone Price (USD/Ton) by Type (2019-2024)
Table 29. Global L-Carvone Sales (Kilotons) by Application
Table 30. Global L-Carvone Market Size by Application
Table 31. Global L-Carvone Sales by Application (2019-2024) & (Kilotons)
Table 32. Global L-Carvone Sales Market Share by Application (2019-2024)
Table 33. Global L-Carvone Sales by Application (2019-2024) & (M USD)
Table 34. Global L-Carvone Market Share by Application (2019-2024)
Table 35. Global L-Carvone Sales Growth Rate by Application (2019-2024)
Table 36. Global L-Carvone Sales by Region (2019-2024) & (Kilotons)
Table 37. Global L-Carvone Sales Market Share by Region (2019-2024)
Table 38. North America L-Carvone Sales by Country (2019-2024) & (Kilotons)
Table 39. Europe L-Carvone Sales by Country (2019-2024) & (Kilotons)
Table 40. Asia Pacific L-Carvone Sales by Region (2019-2024) & (Kilotons)
Table 41. South America L-Carvone Sales by Country (2019-2024) & (Kilotons)
Table 42. Middle East and Africa L-Carvone Sales by Region (2019-2024) & (Kilotons)
Table 43. Paramount Aromachem L-Carvone Basic Information
Table 44. Paramount Aromachem L-Carvone Product Overview
Table 45. Paramount Aromachem L-Carvone Sales (Kilotons), Revenue (M USD), Price (USD/Ton) and Gross Margin (2019-2024)
Table 46. Paramount Aromachem Business Overview
Table 47. Paramount Aromachem L-Carvone SWOT Analysis
Table 48. Paramount Aromachem Recent Developments
Table 49. Renessenz L-Carvone Basic Information
Table 50. Renessenz L-Carvone Product Overview
Table 51. Renessenz L-Carvone Sales (Kilotons), Revenue (M USD), Price (USD/Ton) and Gross Margin (2019-2024)
Table 52. Renessenz Business Overview
Table 53. Renessenz L-Carvone SWOT Analysis
Table 54. Renessenz Recent Developments
Table 55. Gem Aromatics L-Carvone Basic Information
Table 56. Gem Aromatics L-Carvone Product Overview
Table 57. Gem Aromatics L-Carvone Sales (Kilotons), Revenue (M USD), Price (USD/Ton) and Gross Margin (2019-2024)
Table 58. Gem Aromatics L-Carvone SWOT Analysis
Table 59. Gem Aromatics Business Overview
Table 60. Gem Aromatics Recent Developments
Table 61. Shree Bankey Behari Lal Aromatics L-Carvone Basic Information
Table 62. Shree Bankey Behari Lal Aromatics L-Carvone Product Overview
Table 63. Shree Bankey Behari Lal Aromatics L-Carvone Sales (Kilotons), Revenue (M USD), Price (USD/Ton) and Gross Margin (2019-2024)
Table 64. Shree Bankey Behari Lal Aromatics Business Overview
Table 65. Shree Bankey Behari Lal Aromatics Recent Developments
Table 66. Wanxiang International L-Carvone Basic Information
Table 67. Wanxiang International L-Carvone Product Overview
Table 68. Wanxiang International L-Carvone Sales (Kilotons), Revenue (M USD), Price (USD/Ton) and Gross Margin (2019-2024)
Table 69. Wanxiang International Business Overview
Table 70. Wanxiang International Recent Developments
Table 71. Jishui County Shunmin Medicinal L-Carvone Basic Information
Table 72. Jishui County Shunmin Medicinal L-Carvone Product Overview
Table 73. Jishui County Shunmin Medicinal L-Carvone Sales (Kilotons), Revenue (M USD), Price (USD/Ton) and Gross Margin (2019-2024)
Table 74. Jishui County Shunmin Medicinal Business Overview
Table 75. Jishui County Shunmin Medicinal Recent Developments
Table 76. Lvchang Chemical L-Carvone Basic Information
Table 77. Lvchang Chemical L-Carvone Product Overview
Table 78. Lvchang Chemical L-Carvone Sales (Kilotons), Revenue (M USD), Price (USD/Ton) and Gross Margin (2019-2024)
Table 79. Lvchang Chemical Business Overview
Table 80. Lvchang Chemical Recent Developments
Table 81. Global L-Carvone Sales Forecast by Region (2025-2030) & (Kilotons)
Table 82. Global L-Carvone Market Size Forecast by Region (2025-2030) & (M USD)
Table 83. North America L-Carvone Sales Forecast by Country (2025-2030) & (Kilotons)
Table 84. North America L-Carvone Market Size Forecast by Country (2025-2030) & (M USD)
Table 85. Europe L-Carvone Sales Forecast by Country (2025-2030) & (Kilotons)
Table 86. Europe L-Carvone Market Size Forecast by Country (2025-2030) & (M USD)
Table 87. Asia Pacific L-Carvone Sales Forecast by Region (2025-2030) & (Kilotons)
Table 88. Asia Pacific L-Carvone Market Size Forecast by Region (2025-2030) & (M USD)
Table 89. South America L-Carvone Sales Forecast by Country (2025-2030) & (Kilotons)
Table 90. South America L-Carvone Market Size Forecast by Country (2025-2030) & (M USD)
Table 91. Middle East and Africa L-Carvone Consumption Forecast by Country (2025-2030) & (Units)
Table 92. Middle East and Africa L-Carvone Market Size Forecast by Country (2025-2030) & (M USD)
Table 93. Global L-Carvone Sales Forecast by Type (2025-2030) & (Kilotons)
Table 94. Global L-Carvone Market Size Forecast by Type (2025-2030) & (M USD)
Table 95. Global L-Carvone Price Forecast by Type (2025-2030) & (USD/Ton)
Table 96. Global L-Carvone Sales (Kilotons) Forecast by Application (2025-2030)
Table 97. Global L-Carvone Market Size Forecast by Application (2025-2030) & (M USD)
List of Figures
Figure 1. Product Picture of L-Carvone
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global L-Carvone Market Size (M USD), 2019-2030
Figure 5. Global L-Carvone Market Size (M USD) (2019-2030)
Figure 6. Global L-Carvone Sales (Kilotons) & (2019-2030)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 8. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 9. Evaluation Matrix of Regional Market Development Potential
Figure 10. L-Carvone Market Size by Country (M USD)
Figure 11. L-Carvone Sales Share by Manufacturers in 2023
Figure 12. Global L-Carvone Revenue Share by Manufacturers in 2023
Figure 13. L-Carvone Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 14. Global Market L-Carvone Average Price (USD/Ton) of Key Manufacturers in 2023
Figure 15. The Global 5 and 10 Largest Players: Market Share by L-Carvone Revenue in 2023
Figure 16. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 17. Global L-Carvone Market Share by Type
Figure 18. Sales Market Share of L-Carvone by Type (2019-2024)
Figure 19. Sales Market Share of L-Carvone by Type in 2023
Figure 20. Market Size Share of L-Carvone by Type (2019-2024)
Figure 21. Market Size Market Share of L-Carvone by Type in 2023
Figure 22. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 23. Global L-Carvone Market Share by Application
Figure 24. Global L-Carvone Sales Market Share by Application (2019-2024)
Figure 25. Global L-Carvone Sales Market Share by Application in 2023
Figure 26. Global L-Carvone Market Share by Application (2019-2024)
Figure 27. Global L-Carvone Market Share by Application in 2023
Figure 28. Global L-Carvone Sales Growth Rate by Application (2019-2024)
Figure 29. Global L-Carvone Sales Market Share by Region (2019-2024)
Figure 30. North America L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 31. North America L-Carvone Sales Market Share by Country in 2023
Figure 32. U.S. L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 33. Canada L-Carvone Sales (Kilotons) and Growth Rate (2019-2024)
Figure 34. Mexico L-Carvone Sales (Units) and Growth Rate (2019-2024)
Figure 35. Europe L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 36. Europe L-Carvone Sales Market Share by Country in 2023
Figure 37. Germany L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 38. France L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 39. U.K. L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 40. Italy L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 41. Russia L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 42. Asia Pacific L-Carvone Sales and Growth Rate (Kilotons)
Figure 43. Asia Pacific L-Carvone Sales Market Share by Region in 2023
Figure 44. China L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 45. Japan L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 46. South Korea L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 47. India L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 48. Southeast Asia L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 49. South America L-Carvone Sales and Growth Rate (Kilotons)
Figure 50. South America L-Carvone Sales Market Share by Country in 2023
Figure 51. Brazil L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 52. Argentina L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 53. Columbia L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 54. Middle East and Africa L-Carvone Sales and Growth Rate (Kilotons)
Figure 55. Middle East and Africa L-Carvone Sales Market Share by Region in 2023
Figure 56. Saudi Arabia L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 57. UAE L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 58. Egypt L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 59. Nigeria L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 60. South Africa L-Carvone Sales and Growth Rate (2019-2024) & (Kilotons)
Figure 61. Global L-Carvone Sales Forecast by Volume (2019-2030) & (Kilotons)
Figure 62. Global L-Carvone Market Size Forecast by Value (2019-2030) & (M USD)
Figure 63. Global L-Carvone Sales Market Share Forecast by Type (2025-2030)
Figure 64. Global L-Carvone Market Share Forecast by Type (2025-2030)
Figure 65. Global L-Carvone Sales Forecast by Application (2025-2030)
Figure 66. Global L-Carvone Market Share Forecast by Application (2025-2030)
