According to a recent FMI report, the global valencene market is expected to grow at a CAGR of 5.2%. The market value is anticipated to increase from US$ 5.5 Mn in 2023 to US$ 9.2 Mn by 2033. Valencene is a natural compound found in Valencia oranges and is used as a flavoring agent in the food & beverage industry. Rising …
Tag Archives: Valencene Market Industry Analysis
Valencene Market Expected to Reach US$ 9.2 Million by 2033 with 5.2% CAGR Rise Opportunities in Natural Food & Beverage Ingredients
The North American valencene market refers to the market for the natural terpene valencene in North America. Valencene is a terpene that is commonly found in citrus fruits, such as oranges and tangerines, and is used in various applications, including as a flavor and fragrance ingredient in the food and beverage industry, as well as in personal …