Sclareol is a fragrant chemical compound found in clary sage (Salvia sclarea), from which it derives its name. It is classified as a bicyclic diterpene alcohol. It is an amber colored solid with a sweet, balsamic scent.
Sclareol is used as a fragrance in cosmetics and perfumes and as flavoring in food. Sclareol and other similar substances may be prepared from sclareolide.
The global Sclareol industry has a rather high concentration. The major manufacturers are concentrated in USA, China, Europe and Asia Other Region, such as Avoca, Frachem Technologies, Bontoux, Elixens and Amyris. At present, Avoca is the world leader, holding 44.37% production market share in 2016.
USA is the largest region consumption market, accounting for about 70.24% of global consumption of Sclareol.
Sclareol downstream is wide and recently Sclareol has acquired increasing significance in various fields of Cosmetics, Tobacco, Food and others. Globally, the Sclareol market is mainly driven by growing demand for Cosmetics. Cosmetics accounts for nearly 45.81% of total downstream consumption of Sclareol in global.
Sclareol can be mainly divided into Extraction and Others which Extraction captures about 76.87% of Sclareol market in 2016. According to our research and analysis, manufacturers from USA are the major leaders in the international market of Sclareol.

The Global Sclareol Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Sclareol Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Avoca
Frachem Technologies
Bontoux
Elixens
Amyris
App Chem-Bio
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Extraction
Others
In Market segmentation by applications :

Cosmetics
Tobacco
Food
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Sclareol Market for the forecast period 2023 - 2030?
• What are the driving forces in the Sclareol Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Sclareol industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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