Global Watermelon Ketone Market By Product Type (Liquid, Powder), By Application (Perfumes, Cosmetics, Cleaning Products and Others) and By Region - Global Forecast 2030

The Watermelon Ketone Market report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market.

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The Watermelon Ketone Market report presents a thorough study of revenues, historical data, information, key developments, and strategies by major players that offer vital insights and perspectives into various scenarios market.

Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries.

It also covers threats or challenges for existing as well as new entrants in the market.

The global watermelon ketone market has been segmented on the basis of product type, application, as well as regions, and countries.

Watermelon Ketone Market Overview:

“The Watermelon Ketone Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

Watermelon Ketone, also known as Calone 1951 or Calone, was discovered by Pfizer in 1966. It is used to give the olfactory impression of a fresh seashore through the marine and ozone nuances.

Watermelon Ketone Market Dynamics:

The steady increase in the demand for sophisticated, lavish fragrances, soaps, shower gels, and other toiletries as a direct result of increasing disposable incomes of individuals across the world is a primary factor that is expected to continue to boost the revenue growth of the global watermelon ketone market over the next decade.

Moreover, the sharp increase in the demand for grooming products, especially in recent years, of which, watermelon ketone is one of many necessary ingredients is also a factor that is slated to influence the market growth of this global industry in the years to come.

Furthermore, the substantial increase in the demand for fragrance-emitting products such as incense candles, sticks, sprays, gels, essential oils, infused oils, etc., especially among younger generations of individuals, is another major factor that is anticipated to further augment the revenue growth of the global watermelon ketone market in the foreseeable future.

However, in light of the recent COVID-19 outbreak, the operations of numerous industries have either been temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies.

The global watermelon ketone market is no different, and this factor is anticipated to have a significantly negative impact on the revenue growth of this industry.

In addition, the ready availability of various alternative products, as well as the fact that certain individuals may be allergic to these products are some of the other factors that may restrain the revenue growth of the global watermelon ketone market in the near future.

Nevertheless, increasing investments by key industry players towards improved packaging, promotional, and other marketing activities is a factor that is expected to increase the demand for these products, thereby in the process, boosting opportunities for additional revenue growth in the years to come.

Segmentation of the Global Watermelon Ketone Market is as follows:

In terms of type, the powder segment accounted for the maximum number of revenue shares of the global watermelon ketone market in 2020, and this segment is expected to continue doing so over the next decade.

The liquid segment is also anticipated to index a high CAGR over the forecast period.

On the basis of application, the cosmetics segment accounted for the maximum number of revenue shares of the global watermelon ketone market in 2020, and this segment is slated to continue doing so over the next 10 years.

The perfumes segment is also anticipated to register a high CAGR over the forecast period.

Watermelon Ketone Market Regional Segmentation and Analysis:

Markets in the Asia Pacific region accounted for the maximum number of revenue shares of the global watermelon ketone market in 2020 and are indicative of retaining their respective market position over the next decade.

North America accounted for the second-highest number of revenue shares in 2020, and this market is also anticipated to index a high CAGR over the course of the forecast period.

Segmentation of the Global Watermelon Ketone Market:

Segmentation by Product Type:

• Liquid
• Powder

Segmentation by Application:

• Perfumes
• Cosmetics
• Cleaning Products
• Other Application

Segmentation by Regions:

• North America
• Europe
• APAC
• South America
• MEA