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2-Phenylethanol market ‘to surpass $370m by 2028’

Sales of 2-Phenylethanol will likely exceed $370m in value by 2028 worldwide driven by sales in personal care and other sectors, according to Global Market Insights.

The ‘Top 3 Trends to Transform 2-Phenylethanol Market Forecast Through 2028’ report found rising growth will come from booming demand for natural products, potential in the pharmaceutical sector and rising adoption in the food & beverages sector.

2-phenylethanol is a honey-tasting compound that has a pleasant floral odour and is abundantly found in a wide variety of essential oils and fermented foods.

It is used as a common ingredient in flavours and perfumery, mainly in scenarios where the smell of rose is desired.

This substance can be easily produced from the microbial synthesis of glucose or glycerol; it can also be produced by extracting essential oils from several flowers, including hyacinths, roses, and jasmine, as well as through biotechnological routes.

“As the compound can inhibit the growth of various microorganisms and fungal species, it has grown popular as an additive in cleaning, antiseptics, preservatives, and personal care products,” said Global Market Insights.

“The rapidly growing preference for aromatherapy will further favour product penetration in the long run,” it added.

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Upcoming Events

in-cosmetics Global

Paris Expo Porte de Versailles
16th – 18th April 2024

NYSCC Suppliers' Day 2024

Javits Center, New York
1st - 2nd May 2024

9th Anti-Ageing Skin Care Conference

Royal College of Physicians, London
25th - 26th June 2024

in-cosmetics Korea 2024

Hall C, Coex, Seoul, South Korea
24th - 26th July 2024

in-cosmetics Latin America 2024

São Paulo, Brazil
25th - 26th September 2024

IFSCC 2024

Recanto das Cataratas Thermas Resort, Iguazu Falls, Brazil
14th - 17th October 2024

Access the latest issue of Personal Care Magazine on your mobile device together with an archive of back issues.

Download the FREE Personal Care Magazine app from your device's App store

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