Beta Myrcene Market
The market for Beta Myrcene was estimated at $818 million in 2024; it is anticipated to increase to $1.42 billion by 2030, with projections indicating growth to around $2.24 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Beta Myrcene Market Outlook
Revenue, 2024
$818M
Forecast, 2034
$2.05B
CAGR, 2025 - 2034
9.6%
The Beta Myrcene industry revenue is expected to be around $896.7 million in 2025 and expected to showcase growth with 9.6% CAGR between 2025 and 2034. The Beta Myrcene market demonstrates strong growth because of multiple essential market drivers. The market has experienced growth because people now seek natural and organic products in increasing numbers. The market has seen significant growth because Beta Myrcene functions as a fundamental element in essential oils and serves as a primary ingredient for flavor and fragrance applications. The pharmaceutical and cosmetic industries along with their therapeutic applications and diverse product range have increased the market value of Beta Myrcene. The market value of Beta Myrcene grows because scientists continue studying terpenes and more people learn about its health advantages.
Beta Myrcene exists as a monoterpene compound which appears in various aromatic plant oils. The fragrance industry uses Beta Myrcene because it produces a sweet earthy scent with clove notes. The pharmaceutical industry depends on Beta Myrcene because it contains anti inflammatory and analgesic and sedative properties.
Market Key Insights
- The Beta Myrcene market is projected to grow from $818.2 million in 2024 to $2.05 billion in 2034. This represents a CAGR of 9.6%, reflecting rising demand across Flavor & Fragrance, Food & Beverage and Pharmaceutical Industry.
- BASF SE, Kao Corporation, Royal DSM are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Beta Myrcene market and are expected to observe the growth CAGR of 7.0% to 10.1% between 2024 and 2030.
- Emerging markets including Indonesia, South Korea and UAE are expected to observe highest growth with CAGR ranging between 9.2% to 12.0%.
- Transition like Expansion into Nutraceuticals is expected to add $52 million to the Beta Myrcene market growth by 2030.
- The Beta Myrcene market is set to add $1.2 billion between 2024 and 2034, with manufacturer targeting Cosmetics & Personal Care & Food & Beverage End-Users projected to gain a larger market share.
- With Rising demand in aromatherapy, and Increased use in cosmetics industry, Beta Myrcene market to expand 150% between 2024 and 2034.
Opportunities in the Beta Myrcene
Beta Myrcene shows promise for pharmaceutical and wellness applications because of its anti inflammatory and analgesic properties. The growing interest in natural plant based treatments will also drive increasing demand for Beta Myrcene in therapeutic applications.
Growth Opportunities in North America and Asia-Pacific
The North American market for Beta Myrcene shows strong demand especially in pharmaceutical and cosmetic industries. The market growth of Beta Myrcene is due to the regions advanced technology and high consumer awareness of its benefits. The regions leading companies have increased competition by focusing on research and development to create new Beta Myrcene applications. The regions strict regulatory framework ensures product safety and effectiveness which builds consumer trust and drives market expansion.
The Asia Pacific Beta Myrcene market experiences rising growth because the food and beverage sector continues to expand its demand for this substance. The growing middle class population in the region together with increasing disposable income levels drives up demand for flavored food products which drives Beta Myrcene market expansion. The cosmetic industry in this region continues to expand because consumers increasingly choose natural and organic products which creates new business opportunities for Beta Myrcene producers. The market faces difficulties because it contains many domestic and international companies which create an extremely competitive environment.
Market Dynamics and Supply Chain
01
Driver: Increasing Demand for Natural Products and Advancements in Extraction Techniques
The worldwide Beta Myrcene market also experiences rapid expansion because people choose to buy natural products. The market for Beta Myrcene essential oil components expands because consumers choose natural products instead of synthetic alternatives while seeking better health outcomes. The market expansion of Beta Myrcene has also accelerated because scientists developed new extraction methods which enable efficient and affordable plant based Beta Myrcene production.
The aromatherapy industry expansion also serves as a major factor that also drives growth for the Beta Myrcene market. The increasing interest in aromatherapy therapy also drives up essential oil consumption which includes Beta Myrcene. The market for Beta Myrcene will also experience ongoing expansion because of this developing trend.
02
Restraint: Regulatory Constraints Impacting Beta Myrcene Market
The Beta Myrcene market faces substantial obstacles because of strict regulatory requirements which primarily affect North America and Europe. The regulatory framework restricts Beta Myrcene applications because of health and environmental risks which negatively impacts market expansion.
03
Opportunity: Growing Demand for Beta Myrcene in the Fragrance Industry and Expansion of Beta Myrcene in the Craft Beer Industry
The fragrance industry experiences rising demand for natural and organic compounds which includes Beta Myrcene. Beta Myrcene serves as a terpene which produces sweet earthy scents and finds growing application in perfumes and cosmetics and personal care products. The market for Beta Myrcene in this sector will experience substantial growth because consumers now pay closer attention to product ingredients.
Beta Myrcene has established itself as a significant player in the craft beer industry. The terpene stands out for its ability to create distinctive beer flavors which now drives its adoption in brewery production. The growing craft beer industry creates expanding opportunities for Beta Myrcene.
04
Challenge: Volatility in Raw Material Prices
The Beta Myrcene market faces price instability from raw material price changes. The price fluctuations create higher production expenses which affect Beta Myrcene manufacturer profitability and limits market growth potential.
Supply Chain Landscape
1
Raw Material Sourcing
DRTSymrise AG
2
Extraction & Processing
FirmenichGivaudan
3
Distribution & Wholesale
BASF SESigma-Aldrich
4
End Use
CosmeticsPharmaceuticalsFood and Beverage
1
Raw Material Sourcing
DRTSymrise AG
2
Extraction & Processing
FirmenichGivaudan
3
Distribution & Wholesale
BASF SESigma-Aldrich
4
End Use
CosmeticsPharmaceuticalsFood and Beverage
Use Cases of Beta Myrcene in Flavor & Fragrance & Food & Beverage
Flavor & Fragrance Industry : The pure form of Beta Myrcene serves as a primary ingredient for flavor and fragrance applications in the industry. The distinctive earthy and fruity scent of Beta Myrcene makes it a preferred ingredient for developing perfumes and personal care items including soaps. The distinct fragrance of Beta Myrcene enables International Flavors & Fragrances Inc. and other leading companies to produce enduring and attractive scents for their products.
Food & Beverage Industry : The food and beverage industry employs Beta Myrcene mainly as a flavoring substance. Beta Myrcene adds a delicate spicy flavor to different food items including baked goods and beverages and confectionery products. Givaudan and Symrise AG use Beta Myrcene to create new products which helps them stay competitive in the market.
Pharmaceutical Industry : The pharmaceutical industry uses Beta Myrcene because of its therapeutic value. Beta Myrcene shows anti inflammatory and analgesic properties which makes it useful for creating specific medications. The pharmaceutical companies Pfizer Inc. and Novartis AG use Beta Myrcene in their product development plans because of its health benefits to enhance patient results.
Recent Developments
Beta Myrcene which exists as a monoterpene compound in multiple plant essential oils shows increasing market activity during recent times. The fragrance industry drives market expansion through its use of this organic compound which produces a distinctive scent. The cosmetics and personal care industry shows increasing interest in natural and organic products which drives up market demand.
December 2024 : Terpene Biosciences announced a breakthrough in their production process which resulted in a 20% increase in yield as Beta Myrcene manufacturer.
October 2024 : The global chemical company BASF introduced Beta Myrcene products to meet the expanding cosmetics market requirements.
August 2024 : Phytonix Corporation received a patent for their breakthrough method to extract Beta Myrcene from plant biomass which delivers both sustainability and enhanced operational efficiency.
Impact of Industry Transitions on the Beta Myrcene Market
As a core segment of the Bio-Based C&M industry,
the Beta Myrcene market develops in line with broader industry shifts.
Over recent years, transitions such as Expansion into Nutraceuticals and Adoption in the Cannabis Industry have redefined priorities
across the Bio-Based C&M sector,
influencing how the Beta Myrcene market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Expansion into Nutraceuticals
Beta Myrcene represents a monoterpene compound which exists as a major component of essential oils found in multiple plant species and has entered the nutraceutical market sector. The market transition occurs because Beta Myrcene offers multiple health advantages that include anti inflammatory and pain relieving and sleep inducing effects. The rising interest in natural health solutions from consumers has led to a substantial increase in Beta Myrcene usage within dietary supplements and functional foods. The market expansion of Beta Myrcene has created new opportunities for the nutraceutical industry which shows a projected growth to $722.49 billion by 2027.
02
Adoption in the Cannabis Industry
Beta Myrcene has gained popularity in the cannabis industry as one of its notable transitions. Beta Myrcene stands out as a vital ingredient in medical cannabis production because it boosts the therapeutic value of cannabinoids. The cannabis industry has experienced substantial changes because producers now concentrate on Beta Myrcene rich strains to fulfill the rising need for medicinal cannabis products.