Overview:

Watermelon ketone is a white powder with fresh marine odor and is also known as calone. Watermelon ketone is a hydrocarbon compound that has similar structure as certain alicyclic C11-hydrocarbons which is a flavor and fragrance chemical compound.

Market Dynamics:

Rising disposable income, increase spending capacity, along with rising demand for personal care products with high fragrance are major factors propelling growth of the global watermelon ketone market. In addition, increasing demand for high end fragrance products is resulting in demand for watermelon ketone which is another factor anticipated to further support the growth of target market.

Major players approach towards expanding market presence in developing countries to track the untapped market and increase the business presence is another factor expected to boost the growth of target market. However, factors such availability of other alternatives is expected to hamper the growth of global watermelon ketone market.   

Key Trends:

Players are investing high in R&D activities coupled with innovative product offerings in order to attract new customers are trends observed in the target market. In 2019, Tokyo Chemical Industry Co., Ltd. launched a саrbоhуdrаtе-соnјugаtеd humаn ѕеrum аlbumіn (НЅА) mаnufасturеd wіth ѕуnthеѕіzеd, hіgh-рurіtу саrbоhуdrаtеѕ. This is expected to help the company to enhance the product portfolio and increase the profit.

Regional Analysis:

For detailed understanding of market dynamics, the global watermelon ketone market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the major revenue share in 2018, owing to high spending of consumers on personal products along with demand for products with high fragrance.  Additionally, presence of large number of players operating in the country, high investment in R&D activities, along with increased innovative product offerings are other factors expected to further support the growth of target market in the region.

Asia Pacific is expected to witness highest growth in terms of revenue during the forecast period, due to high consumer spending on personal care products along with introduction on new products from regional players in order to attract new customers.

Scope of the Report:

Detailed Segmentation:

Global Watermelon Ketone Market, By Type:

• Liquid
• Powder

Global Watermelon Ketone Market, By Application:

• Реrfumеѕ
• Соѕmеtісѕ
• Сlеаnіng Рrоduсtѕ

Key Players Covered:

Key players operating in the watermelon ketone market includes, Еnеrgу Сhеmісаl Со., Наngzhоu Ј & Н Сhеmісаl Со., Ltd., Ј&К Ѕсіеntіfіс Ltd., Аdаmаѕ Rеаgеnt, Ltd., ВLD Рhаrmаtесh Ltd., Тоkуо Сhеmісаl Іnduѕtrу Со., Ltd., Ѕhаnghаі Аlаddіn Віосhеmісаl Тесhnоlоgу Со., Ltd., 3В Ѕсіеntіfіс (Wuhаn) Соrроrаtіоn Lіmіtеd, and Wаtеrѕtоnе Тесhnоlоgу, LLС.

Key Features of The Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Watermelon Ketone Market by type, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global watermelon ketone market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.