9-Decanoic Acid Methyl Ester Market Size, Share & Trends Analysis Report By Application (Flavors & Fragrances, Pharmaceuticals, Others), By Region (North America, Europe, Asia Pacific, Latin America), And Segment Forecasts, 2024 - 2030

9-Decanoic Acid Methyl Ester Market Trends

The global 9-decanoic acid methyl ester market size was valued at USD 204.2 million in 2023 and is projected to grow at a CAGR of 6.0% from 2024 to 2030. The increasing use of 9-DAME as a flavoring agent in food and beverages, especially for fruity and waxy notes, is a major factor driving the market growth. It is a common element in fragrances, adding richness and intricacy to perfumes, colognes, and other beauty products.

Increasing demand for flavours and fragrances is likely to trigger the 9-decanoic acid methyl ester market growth over the forecast period. Increasing demand for soaps and detergents is another factor that is expected to stimulate the fatty acid methyl esters consumption as they are one of the key ingredients used.

Esters are used for imparting fruit flavors in various products such as jellies, jams, wines, dairy products, and others. These factors have propelled the demand for extraction of the ester from natural resources, even though the extraction is costly and time-consuming.

Rising demand for functional products manufactured using environmentally friendly processes, flavors developed using bio-based chemicals is likely to have a rising demand in upcoming years. Customer’s inclination to experiment with flavors is expected to provide new opportunities for key players in the 9-decanoic acid methyl ester market.

9-decanoic acid methyl ester demand is likely to be low in perfumes as esters are likely to be unstable due to perspiration and tend to break down leading to the formation of a carboxylic acid which has unpleasant odors. Hence, their application is limited to low-priced toilet cleaners whereas essential oils are widely used to produce expensive perfumes.

In the pharmaceutical industry, methyl decanoate is used to manufacture heavy-duty hand cleaners, skincare lotions, shampoos, etc. The pharmaceutical application segment is expected to emerge as the second fastest-growing segment.

Application Insights

The flavors & fragrances segment dominated the market and accounted for the largest revenue share of 62.4% in 2023 owing to the growing interest of consumers in natural and organic products, including fragrances and flavors. The fragrance and flavor industry worldwide is witnessing expansion, propelled by factors such as population growth, higher disposable income, and evolving consumer tastes. It provides a distinctive scent profile suitable for a range of fragrance and flavor creations, including perfumes, colognes, and food and drinks.

The pharmaceuticals segment is expected to grow at a significant CAGR of 5.8% over the forecast period. 9-decanoic acid methyl ester can enhance the bioavailability of poorly soluble drugs by serving as an excipient to improve their solubility.  It can assist in stabilizing pharmaceutical formulations, stopping degradation, and ensuring the quality of the product. It can be added to controlled-release formulations to release drugs slowly, enhancing the effectiveness of treatment and reducing dosing frequency.

Regional Insights

The North America 9-decanoic acid methyl ester market held a market share of 25.4% in 2023. The region has a robust chemical manufacturing industry, including 9-DAME, which can meet domestic needs and decrease dependency on imported chemicals. The regulatory landscape in North America typically allows for the utilization of 9-DAME in multiple sectors such as pharma, chemicals, and other industries, creating a favorable market for its expansion.

U.S. 9-Decanoic Acid Methyl Ester Market Trends

The 9-decanoic acid methyl ester market in the U.S. experienced significant growth in 2023 due to the rising demand for skincare products. Additionally, the surfactant properties displayed by 9-decanoic acid methyl ester make it a useful ingredient in detergents and cleaning agents.

Asia Pacific9-Decanoic Acid Methyl Ester Market Trends

Asia Pacific 9-decanoic acid methyl ester market dominated the global market with a market share of 44.9% in 2023 due to the growing population in the region. There is an increasing interest in consumer products, such as fragrances and flavors.Consumers in Asia-Pacific are more interested in natural and organic items, many of which contain 9-decanoic acid methyl ester for flavoring.

The 9-decanoic acid methyl ester market in China is expected to grow significantly in the coming years due to the growing use of 9-decanoic acid methyl ester in aromas and scents and the ample supply of raw materials found in China. The increasing use of 9-decanoic acid methyl ester in skincare products such as lotions and creams due to its moisturizing properties is driving the market demand.

Europe 9-Decanoic Acid Methyl Ester Market Trends

The Europe 9-decanoic acid methyl ester market is expected to grow at a CAGR of 4.1% over the forecast period. The European Union has put in place different rules and programs to encourage the utilization of natural and sustainable components, including the Cosmetics Regulation and the Bioeconomy Strategy. 9-decanoic acid methyl ester is additionally utilized as a flavor enhancer in food and drinks, especially for fruity and waxy undertones.

Key 9-Decanoic Acid Methyl Ester Company Insights

Some of the key participants in the global 9-decanoic acid methyl ester market are Merck & Co., Inc., Tokyo Chemical Industry (India) Pvt. Ltd., Thermo Fisher Scientific Inc., Santa Cruz Biotechnology Inc., and others.

• Cayman Chemical is a top supplier worldwide of high-quality biochemical, which consist of natural products, synthetic compounds, and analytical reagents. The products offered by the company are natural products including steroids, fatty acids, amino acids, and others.

9-Decanoic Acid Methyl Ester Market Report Scope

Global 9-Decanoic Acid Methyl Ester Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and analyses the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global 9-decanoic acid methyl ester Market report based on application and region.  

• Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

  • Flavors & Fragrances

  • Pharmaceuticals

  • Others

• Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

  • Asia Pacific

    • China

    • India

  • Latin America

    • Brazil

    • Argentina