Eugenol is being viewed as an effective therapeutic tool, which can be incorporated in various food products and herbal medicines to contend considerable metabolic disorders.
On account of its significant antimicrobial properties, eugenol seeks application in inhibiting growth of the microbial populations in several food products.
Eugenol to Seek Significant Adoption as Potential Chemotherapeutic Agent
Predominantly sought in spices including basil, cinnamon, clove and nutmeg, eugenol comprises potent anti-stress and neuro-protective properties.
In light of these properties, eugenol hold potential of inhibiting transmission in sciatic nerves, and improving neuronal complications.
In addition, novel strategies implemented in cancer prevention have initiated utilization of eugenol as one of the potential chemotherapeutic agent.
Synergistic effect of eugenol combined with chemo-preventive drugs significantly help in reducing drug toxicity in normal cells, meanwhile augmenting cytotoxicity of synthetic agents.
Inhibitory action of eugenol & iso-eugenol have been suggested against melanoma cell lines, as it induces apoptosis and leads to cell cycle arrest, thereby curtailing cell proliferation in cancer patients.
Among various strategies employed for combating diabetes, diet remains radical in keeping blood-sugar level balanced.
Researchers have inclined their preference toward diet-based regime for treating various metabolic disorders. Hyper-glycosylation of bioactive molecules have been associated with metabolic pathways and elimination of pathologies.
Eugenol is considered to be a key bioactive molecule, which is present is spices and has anti-diabetic potential.
This has further resulted into robust adoption of eugenol and its derivatives in diet plans of diabetic patients, whose number is witnessing a significant surge worldwide.
According to Fact.MR’s recent research report, the global market for eugenol is projected to reflect an impressive 6.0% CAGR, in terms of value, over the forecast period, 2017 to 2026.
More than 37,000 tons of eugenol are anticipated to be sold across the globe by 2026-end.
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APEJ to Remain Dominant in Global Eugenol Market
In terms of value, Asia-Pacific excluding Japan (APEJ) is slated to remain dominant in the global eugenol market. Dominance of APEJ in the market can be mainly attributed to surging prevalence of ailments such as diabetes, and cancer.
In addition, the region exhibits a significant surge in geriatric population, which is highly prone to these diseases.
North America is also expected to remain a remunerative region for the eugenol market, on the back of its technological and economic vigour.
Revenues from end-use of eugenol in personal care products is forecast to record the fastest expansion through 2026.
Numerous unapproved OTC products exist in the market with eugenol as an integral compound for preventing and treating toothache.
In addition, eugenol is commonly employed in dental procedures along with zinc oxide for cementation of temporary prostheses.
Cloves will continue to be sought-after among sources of eugenol. Revenues from eugenol sourced from cloves are likely to remain significantly larger than those sourced from cinnamon, nutmeg, and basil combined.
Based on application, base ingredient and perfumes, flavorings, & essential oils, are expected to endure as largest revenue contributors to the market.
Eugenol derivatives have unlocked a whole new opportunity in the field of pharmacology, kindling interests of leading market players on this compound.
These players are making R&D investments for coming up with specifications for identifying dosage of eugenol required for functional applications, and exploring hidden potentials of eugenol in improving human health.
Key players that Fact.MR’s report expects to drive growth of the global eugenol market include
- Van Aroma
- Nile Chemicals
- Nusaroma Indonesia Essential Oil
- CV. Indaroma
- Penta Manufacturing Company
- Vigon International
- Boc Sciences.
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Eugenol is finding large application in essential oils, flavorings, and perfumes. Researchers studying human cancer cells have also found eugenol as an anti-cancer agent.
Moreover, eugenol-rich oil is also considered natural mosquito repellent. Hence, carrying various properties, eugenol is being used on a large scale in various industries.
With increasing number of organizations focusing on drug discovery process, eugenol is being given great importance due to its action against harmful bacteria, microorganisms, and pathogens.
Meanwhile, World Health Organization (WHO) has also set a permissible limit for eugenol as it possesses anti-cancer activity.
The medicinal activities of eugenol have recently attracted a lot of attention from companies operating in various sectors.
Further investigations are being carried on to realize the full potential of eugenol in human health, food industry and to fight different diseases.
Companies providing eugenol are also focusing on new methods to purify eugenol to make it suitable for use in various industries.
A new era in the field of pharmacology has also opened-up with increasing research activities on eugenol.
Scope of the Study
The report on the global eugenol market provides in-depth analysis on the market for the period from 2017 to 2026.
The report has been developed to help manufacturers and suppliers to identify growth opportunities in the market. The analysis offered in the report can also be of interest in the leading chemical sector magazines and journals.
The report offers a summary of the global eugenol market followed by the executive summary which covers important facts and statistics on the global market for eugenol.
The overview of the report includes brief introduction and definition of the product. Market value, volume, and year-on-year growth are also given in the report.
The report also sheds light on both micro and macro-economic factors in the global eugenol market.
The region-wise analysis is also provided in the report to offer valuable insights on how the market is performing in the key regions and countries.
To keep the readers up-to-date on the latest developments and technologies, the report offers information on latest and upcoming trends in the market.
Considering the broad scope of the global eugenol market, the report developed by Fact.MR offers in-depth analysis, forecast and segment-wise analysis.
The global market for eugenol is segmented on the basis of source type, end use, application, and region.
The report also offers a detailed analysis of the leading market players including financial overview, company overview, key company developments, and product portfolio.
The report also offers information on short-term and long-term strategies by the key players in order to remain competitive in the global eugenol market.
Overall, the report provides an in-depth insight into the global eugenol market covering all the key parameters.
The report is based on both primary and secondary research. Primary research included interviews with market experts, while the secondary research was conducted with help of financial reports, annual reports and investors’ presentation.
Each report offered by Fact.MR is compiled after thorough research of the market by using innovative research methodologies to provide accurate information on the market.
Other sources of research include trade research and social media analysis.
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