Report Detail

Chemical & Material Global Carvone Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4655692
  • |
  • 05 December, 2025
  • |
  • Global
  • |
  • 88 Pages
  • |
  • GIR
  • |
  • Chemical & Material

According to our (Global Info Research) latest study, the global Carvone market size was valued at US$ 59.1 million in 2024 and is forecast to a readjusted size of USD 77.5 million by 2031 with a CAGR of 4.0% during review period.
Carvone is a member of a family of chemicals called terpenoids. Carvone is found naturally in many essential oils, but is most abundant in the oils from seeds of caraway (Carum carvi), spearmint (Mentha spicata), and dill.
Carvone forms two mirror image forms or enantiomers: R-(–)-carvone smells like spearmint leaves. Its mirror image, S-(+)-carvone, smells like caraway seeds. The fact that the two enantiomers are perceived as smelling different is evidence that olfactory receptors must contain chiral groups, allowing them to respond more strongly to one enantiomer than to the other. The two forms are also referred to by the older names of laevo (L) referring to R-(–)-carvone, and dextro (D) referring to S-(+)-carvone.
Though spearmint oil contains about 60% of Carvone, however, in this report, we do not calculate that as Carvone. The target of the report is carvone that recognized in the industry as high purity carvone.
China and India have taken 78% of world carvone production, and USA took 16% of world carvone production. Carvone is a highly concentrated industry with limited manufacturers competing in this market. The top three producers, Paramount Aromachem, Wanxiang International and Renessenz accounted for 81% of the market.
The demand of carvone is concentrated in China, India, USA and EU. The consumption of carvone in China was 32%, ahead of other regions.
This report is a detailed and comprehensive analysis for global Carvone market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Carvone market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031
Global Carvone market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031
Global Carvone market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031
Global Carvone market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Carvone
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Carvone market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Paramount Aromachem, Renessenz, Gem Aromatics, Shree Bankey Behari Lal Aromatics, Wanxiang International, Jishui County Shunmin Medicinal, Lvchang Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Carvone market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
L-Carvone
D-Carvone
Market segment by Application
Daily Use Chemical Essence
Food Additive
Pharmaceutical
Agricultural
Others
Major players covered
Paramount Aromachem
Renessenz
Gem Aromatics
Shree Bankey Behari Lal Aromatics
Wanxiang International
Jishui County Shunmin Medicinal
Lvchang Chemical
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Carvone product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Carvone, with price, sales quantity, revenue, and global market share of Carvone from 2020 to 2025.
Chapter 3, the Carvone competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Carvone breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Carvone market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Carvone.
Chapter 14 and 15, to describe Carvone sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Carvone Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 L-Carvone
    • 1.3.3 D-Carvone
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Carvone Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Daily Use Chemical Essence
    • 1.4.3 Food Additive
    • 1.4.4 Pharmaceutical
    • 1.4.5 Agricultural
    • 1.4.6 Others
  • 1.5 Global Carvone Market Size & Forecast
    • 1.5.1 Global Carvone Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Carvone Sales Quantity (2020-2031)
    • 1.5.3 Global Carvone Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Paramount Aromachem
    • 2.1.1 Paramount Aromachem Details
    • 2.1.2 Paramount Aromachem Major Business
    • 2.1.3 Paramount Aromachem Carvone Product and Services
    • 2.1.4 Paramount Aromachem Carvone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Paramount Aromachem Recent Developments/Updates
  • 2.2 Renessenz
    • 2.2.1 Renessenz Details
    • 2.2.2 Renessenz Major Business
    • 2.2.3 Renessenz Carvone Product and Services
    • 2.2.4 Renessenz Carvone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Renessenz Recent Developments/Updates
  • 2.3 Gem Aromatics
    • 2.3.1 Gem Aromatics Details
    • 2.3.2 Gem Aromatics Major Business
    • 2.3.3 Gem Aromatics Carvone Product and Services
    • 2.3.4 Gem Aromatics Carvone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Gem Aromatics Recent Developments/Updates
  • 2.4 Shree Bankey Behari Lal Aromatics
    • 2.4.1 Shree Bankey Behari Lal Aromatics Details
    • 2.4.2 Shree Bankey Behari Lal Aromatics Major Business
    • 2.4.3 Shree Bankey Behari Lal Aromatics Carvone Product and Services
    • 2.4.4 Shree Bankey Behari Lal Aromatics Carvone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Shree Bankey Behari Lal Aromatics Recent Developments/Updates
  • 2.5 Wanxiang International
    • 2.5.1 Wanxiang International Details
    • 2.5.2 Wanxiang International Major Business
    • 2.5.3 Wanxiang International Carvone Product and Services
    • 2.5.4 Wanxiang International Carvone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Wanxiang International Recent Developments/Updates
  • 2.6 Jishui County Shunmin Medicinal
    • 2.6.1 Jishui County Shunmin Medicinal Details
    • 2.6.2 Jishui County Shunmin Medicinal Major Business
    • 2.6.3 Jishui County Shunmin Medicinal Carvone Product and Services
    • 2.6.4 Jishui County Shunmin Medicinal Carvone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Jishui County Shunmin Medicinal Recent Developments/Updates
  • 2.7 Lvchang Chemical
    • 2.7.1 Lvchang Chemical Details
    • 2.7.2 Lvchang Chemical Major Business
    • 2.7.3 Lvchang Chemical Carvone Product and Services
    • 2.7.4 Lvchang Chemical Carvone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Lvchang Chemical Recent Developments/Updates

3 Competitive Environment: Carvone by Manufacturer

  • 3.1 Global Carvone Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Carvone Revenue by Manufacturer (2020-2025)
  • 3.3 Global Carvone Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Carvone by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Carvone Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Carvone Manufacturer Market Share in 2024
  • 3.5 Carvone Market: Overall Company Footprint Analysis
    • 3.5.1 Carvone Market: Region Footprint
    • 3.5.2 Carvone Market: Company Product Type Footprint
    • 3.5.3 Carvone Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Carvone Market Size by Region
    • 4.1.1 Global Carvone Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Carvone Consumption Value by Region (2020-2031)
    • 4.1.3 Global Carvone Average Price by Region (2020-2031)
  • 4.2 North America Carvone Consumption Value (2020-2031)
  • 4.3 Europe Carvone Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Carvone Consumption Value (2020-2031)
  • 4.5 South America Carvone Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Carvone Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Carvone Sales Quantity by Type (2020-2031)
  • 5.2 Global Carvone Consumption Value by Type (2020-2031)
  • 5.3 Global Carvone Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Carvone Sales Quantity by Application (2020-2031)
  • 6.2 Global Carvone Consumption Value by Application (2020-2031)
  • 6.3 Global Carvone Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Carvone Sales Quantity by Type (2020-2031)
  • 7.2 North America Carvone Sales Quantity by Application (2020-2031)
  • 7.3 North America Carvone Market Size by Country
    • 7.3.1 North America Carvone Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Carvone Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Carvone Sales Quantity by Type (2020-2031)
  • 8.2 Europe Carvone Sales Quantity by Application (2020-2031)
  • 8.3 Europe Carvone Market Size by Country
    • 8.3.1 Europe Carvone Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Carvone Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Carvone Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Carvone Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Carvone Market Size by Region
    • 9.3.1 Asia-Pacific Carvone Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Carvone Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Carvone Sales Quantity by Type (2020-2031)
  • 10.2 South America Carvone Sales Quantity by Application (2020-2031)
  • 10.3 South America Carvone Market Size by Country
    • 10.3.1 South America Carvone Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Carvone Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Carvone Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Carvone Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Carvone Market Size by Country
    • 11.3.1 Middle East & Africa Carvone Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Carvone Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Carvone Market Drivers
  • 12.2 Carvone Market Restraints
  • 12.3 Carvone Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Carvone and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Carvone
  • 13.3 Carvone Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Carvone Typical Distributors
  • 14.3 Carvone Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Carvone. Industry analysis & Market Report on Carvone is a syndicated market report, published as Global Carvone Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Carvone market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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