The study covers a detailed analysis segmented by key business segments i.e. by type (Food Grade and Industrial Grade) , by application (Food and Beverage, Cosmetics, Tobacco, Pharmaceuticals and Others) and major geographies. Research Analyst at AMA predicts that China Vendors will contribute to the maximum growth of Global Ethyl Maltol market throughout the predicted period.
What is Ethyl Maltol?
Ethyl Maltol is a white, crystalline powder that is used as a flavoring agent. It is a non-toxic, aromatic additive material and has a significant effect on enhancing the flavor of food. It can also be used as a food preservative and to increases the sweetness of certain food products. It is widely used by the food & beverage industry where ethyl maltol is used as a flavor enhancer, preservatives, or bacteriostatic agent. Maltol is a naturally occurring flavor enhancer while ethyl maltol is a synthetically produced organic compound with a fragrant aroma.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Ethyl Maltol market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, including:
- Sigma-Aldrich (United States)
- Tokyo Chemical Industry Co., Ltd. (Japan)
- ECSA Group (Switzerland)
- Spectrum Chemcial Mfg Corp. (United States)
- Advanced Biotech (United States)
- De Monchy Aromatics (United Kingdom)
- Selleck Chemicals (United States)
- Ernesto Ventós, S.A. (Spain)
- Aipu Food Industry (China)
- Newseed Chemical Co., Limited (China)
The use of Ethyl Maltol as a flavouring substance or ingredients in food and beverages or cosmetics is subject to EU Regulation defined in 1334/2008 & 178/2002.
The France Ethyl Maltol market is consolidated as very few players are present in the market. Also, China is dominating the global market in the production of Ethyl Maltol, which means high import may pose a threat for the local's players. The players must adopt strategies like mergers and acquisitions, research and development, to gain the market share.
Restraints
- Implementation of Regulatory Standards Regarding the Consumption of Ethyl Maltol
- Increase in Import from China
Opportunities
Development of New Applications of Ethyl Maltol in Food & Beverage Industry
Key highlights of the Global Ethyl Maltol market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Ethyl Maltol market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Ethyl Maltol market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Ethyl Maltol Vendors
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Ethyl Maltol market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Ethyl Maltol market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Ethyl Maltol Producers, Raw Material Suppliers, Research Institutes and Government, Industrial Bodies & Associations, End-Use Industry and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.