Terpenes Market

Key Highlights of the report

How are the major segments performing in the Terpenes market?

• In 2022, the Pinene segment accounted for the largest market share as it is widely used to treat asthma and allergies and as an insect repellent.
• In 2022, the pharmaceutical segment was anticipated to hold a major share of the global Terpenes market. Terpenoids are frequently used in the pharmaceutical end-use industry because they have many medical benefits, including antibacterial, antiseptic, and possibly anti-carcinogenic properties.

What is the Market Size of Terpenes regarding value?

The Terpenes market is anticipated to grow at a substantial CAGR of 13.50% in the upcoming years. The global Terpenes industry was estimated to be worth USD 945.6 million in 2022 and was expected to be worth USD 2294.45 million by 2030.

Which region dominated the Terpenes market?

In 2022, the Asia Pacific region held the largest market share. The region is also anticipated to grow at the highest CAGR during the forecast period. The market is propelled by rising end-use industry demand and superior terpene resin properties, such as chemical inactivity, non-toxicity, and effectiveness compared to some of the traditionally used products, which are anticipated to accelerate market growth during the region’s forecast period.

How is US Market Performing in the Terpenes market?

The demand for terpene is expected to increase shortly due to the demand for new exotic flavors and shifting consumer preferences. The terpene market in the U.S. is also being driven by the presence of well-known businesses that cater to terpene end-use applications.  The need to research terpene compounds that can help enhance cannabis’s effects on various illnesses, including resolving sleep disorders, has arisen due to its legalization. As a result, there is a high demand for these products in this region.

How is the economy impacting the global Terpenes growth?

The Severe Acute Respiratory Syndrome Coronavirus-2 is a new coronavirus that is the source of the coronavirus disease 2019 (COVID-19) pandemic. (SARS-CoV-2). Healthcare systems around the world are facing a challenge as a result of millions of cases and fatalities to date. The mortality rate for COVID-19 is high, particularly in elderly patients with pre-existing chronic comorbidities. The prevention and treatment of COVID-19 have no proven therapeutic methods. As a result, finding efficient therapeutics is essential. Terpenes are the largest class of natural products that could be used as a source of novel medications or as models for creating potent pharmacotherapeutic agents. Economic shocks and recessions have little effect on pharmaceutical and biotech companies. For instance, during previous recessions like those in the early 1990s and early 2000s, as well as the global financial crisis of 2007-09, US national healthcare spending increased as a share of GDP. The war between Russia and Ukraine had little effect on the pharmaceutical industry.

What is the competitive environment of the Terpenes market?

The presence of significant local players makes the terpene market extremely competitive. The availability of different supply factors and costs, as well as shifts in demand, impact competition. Multinational companies are implementing research and development strategies and advancing technology to create original products. In Feb 2021, Diesel Beverages launched an equity crowdfunding campaign in partnership with Wefunder to increase the availability of its drinks with cannabis terpenes. Moreover, in June 2021, Old Pal, Creed n C, and Lemon Tree were the three new brand partnerships that Eybna announced. By generating their distinctive aroma and delivering the desired effects, Eybna’s patented, data-driven terpene compositions are used in the brands’ products to maximize the cannabis sensory experience.

Executive Summary

What are the key trends in the Terpenes market?

• Terpenes are in higher demand in the food and beverage sector due to their ability to impart natural flavors without using artificial ingredients.
• Consumers are highly aware of terpene compounds due to the growing acceptance of cannabis for recreational or medicinal uses. As a result, they incorporate this knowledge into their daily routine. In addition to improving the nutritional value and therapeutic benefits of food, terpenes also improve the flavour. They are frequently used as flavouring agents or for their aromatic qualities and added to many food and beverage products to further enhance the innate qualities already present.

How is the Cosmetics Industry Fuelling the Demand for Terpenes in the Market?

The primary factors driving the terpenoids market are the rise in demand for the product from end-user industries like cosmetics and personal care and their global expansion. Terpenes are essential flavoring and aroma components in many personal care and cosmetic products. Due to growing consumer awareness of the damaging environmental effects of non-biodegradable products and the rising popularity of orange terpenes because of their sustainability, the market for terpenoids is expanding more quickly. The increase in government funding and investment and advancements in scent and flavor technology impact the market for orange terpenes. The market for terpenoids is also benefited from the rise in demand for cosmetics and personal care products made from natural and organic ingredients and some regions’ bans on synthetic chemicals. The India Brand Equity Foundation (IBEF) predicts that the country’s beauty, cosmetics, and grooming market will increase from US$6.5 billion to US$20 billion by 2025. As a result, the personal care and cosmetics industries are flourishing, and terpenoids are in great demand.

Which are the key investments by the Terpenes market players?

Companies in the market are heavily focused on investing in R&D activities to find more promising terpenes applications. In November 2020, eSense-Lab made significant strides in researching and developing terpenes’ antiviral properties. The joint research project with the Israeli Ministry of Health to test two proprietary terpene blends—TRPENVTM and TRP-COVTM—for their antiviral activity against the OC43 Coronavirus strain was its primary focus during the quarter.

Some major players in the Terpenes market are Arora Aromatics, Mentha & Allied Products, AOS Products, Kraton, Natural Fractions, Interstate Commodities, Himachal Terpene Products, YASUHARA CHEMICAL, Jiangxi Jishui Xinghua Natural Spice.

What are the Major Driving Factors for the Terpenes Market?

The terpene market has advanced due to the hydrocarbon’s use in various materials with significant commercial value. They have been altered to create gutta-percha, which is used in dentistry, and rubber, which is used in a variety of other manufacturing industries. Their increasing use in consumer goods offers manufacturers and distributors in the terpene market lucrative opportunities. Because they make up cannabis and give it its distinctive flavor and aroma, the marketing spectrum has been noticeably widened. Because of this, terpene is gaining popularity among business players betting on its potential health benefits. Terpene is therefore used to create foods, beverages, therapeutic lotions, vaping oils, and other products. Several thorough studies on the potential health effects of specific terpene formulations have boosted the terpene market. Examining its potential use in the development of anti-anxiety materials is one example.

What are the Major Risks for the Terpenes Market?

Terpene resin producers consider the cost structure of their products and the price and availability of raw materials when making these decisions. Terpene resins are produced primarily from natural and petroleum-based feedstocks used as raw materials. The limited availability of natural feedstocks and higher regional concentration of suppliers in certain regions are projected to impact the terpene resins market. Also posing a threat to this market’s expansion are oil price shifts and a fragile world economy.

Which is the key application in the Terpenes market?

The pharmaceutical segment is expected to hold a major share of the global terpenes market during the forecast period. Terpenes have a wide range of health benefits, including antimicrobial, antiseptic, and even anti-carcinogenic effects. As a result, the pharmaceutical industry is growing quickly. Increased flavor usage in pharmaceutical, nutraceutical and dietary supplement products is also anticipated to spur market expansion. As terpene is used as an aromatic and flavoring agent in food and beverage applications, the food and beverage segment holds a significant share of the global terpene market. Additionally, the rubber industry makes up a sizeable portion of the global terpene market.

How is the Terpenes market performing in regions?

Over the course of the forecast period, the North American market is anticipated to expand significantly. Due to the widespread use of cutting-edge technology and the presence of major players in this area, the market is likely to have plenty of room for expansion. The demand for terpenes is expected to rise in important sectors of these economies, including rubber and food and beverage production.

What is the regulatory landscape for the Terpenes market?

Terpenes obtained from plants would be considered botanical ingredients and thus fit the definition of a dietary ingredient. Following section 201(ff)(3)(B) of the Federal Food, Drug, and Cosmetic Act, tetrahydrocannabinol (THC) and cannabidiol (CBD) are components of cannabis (Cannabis sativa) and are not considered dietary supplements. (FD&C Act). However, since they won’t be covered by the dietary supplement definition’s exclusion under section 201(ff)(3)(B) of the FD&C Act. 11, terpenes derived from cannabis plant parts that don’t contain THC or CBD may be marketed as dietary supplements.

What are the major players planning for the future of the Terpenes market?

A keen focus on and widespread adoption of sustainable products is one of the most notable growth factors driving regional markets’ growth trajectory. Technology introductions, acquisitions, and R&D initiatives are three crucial strategies market participants use in the Terpenoids market.

Segmentation of Global Terpenes Market-

Global Terpenes Market – By Type

• Pinene
• Limonene
• Others

Global Terpenes Market – By Application

• Cosmetic
• Pharmaceutical
• Food
• Others

Global Terpenes Market – By Region

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-east Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Introduction
1.5. Market Research Scope

2. Executive Summary
2.1. Market Snapshot: Global Terpenes Market
2.2. Global Terpenes Market, By Type
2.3. Global Terpenes Market, By Application
2.4. Global Terpenes Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Terpenes Market Value, 2017-2030, (US$ Bn)
3.1.2. Y-o-Y Growth Trend Analysis
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.2.3. Market Opportunities
3.2.4. Major Industry Challenges
3.3. Growth and Development Patterns
3.4. Investment Feasibility Analysis
3.5. Market Opportunity Analysis
3.5.1. Type
3.5.2. Application
3.5.3. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Key Market Trends
4.3.1. Demand Side Trends
4.3.2. Supply Side Trends
4.4. Value Chain Analysis
4.5. Technology Analysis
4.6. Analysis and Recommendations
4.7. Marketing Strategy Analysis
4.7.1. Direct Marketing
4.7.2. Indirect Marketing
4.7.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2022
5.1. Company market share of key players, 2022
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. Economic Impact Analysis
6.1. Recession Impact
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East and Africa
6.2. Ukraine-Russia War Impact
6.2.1. North America
6.2.2. Europe
6.2.3. Asia Pacific
6.2.4. Latin America
6.2.5. Middle East and Africa
6.3. COVID-19 Impact Analysis
6.3.1. North America
6.3.2. Europe
6.3.3. Asia Pacific
6.3.4. Latin America
6.3.5. Middle East and Africa

7. Global Terpenes Market
7.1. Global Terpenes Market, by Type, 2017-2030(US$ Bn)
7.1.1. Overview
7.1.2. Global Terpenes Market, By Type, 2022 vs 2030 (in%)
7.1.3. Global Terpenes Market, By Pinene, 2017-2030 (US$ Bn)
7.1.4. Global Terpenes Market, By Limonene, 2017-2030 (US$ Bn)
7.1.5. Global Terpenes Market, By Others, 2017-2030 (US$ Bn)
7.2. Global Terpenes Market, by Application, 2017-2030(US$ Bn)
7.2.1. Overview
7.2.2. Global Terpenes Market, By Application, 2022 vs 2030 (in%)
7.2.3. Global Terpenes Market, By Cosmetic, 2017-2030 (US$ Bn)
7.2.4. Global Terpenes Market, By Pharmaceutical, 2017-2030 (US$ Bn)
7.2.5. Global Terpenes Market, By Food, 2017-2030 (US$ Bn)
7.2.6. Global Terpenes Market, By Others, 2017-2030 (US$ Bn)

8. North America Terpenes Market Analysis
8.1. North America Terpenes Market, by Type, 2017-2030(US$ Bn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Terpenes Market, by Application, 2017-2030(US$ Bn)
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Terpenes Market, by Country, 2017-2030 (US$ Bn)
8.3.1. U.S.
8.3.1.1. U.S. Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
8.3.1.2. U.S. Terpenes, By Type, 2017-2030 (US$ Bn)
8.3.1.3. U.S. Terpenes, By Application, 2017-2030 (US$ Bn)
8.3.2. Canada
8.3.2.1. Canada Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
8.3.2.2. Canada Terpenes, By Type, 2017-2030 (US$ Bn)
8.3.2.3. Canada Terpenes, By Application, 2017-2030 (US$ Bn)

9. Europe Terpenes Market Analysis
9.1. Europe Terpenes Market, by Type, 2017-2030(US$ Bn)
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Europe Terpenes Market, by Application, 2017-2030(US$ Bn)
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Europe Terpenes Market, by Country, 2017-2030 (US$ Bn)
9.3.1. Germany
9.3.1.1. Germany Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.3.1.2. Germany Terpenes, By Type, 2017-2030 (US$ Bn)
9.3.1.3. Germany Terpenes, By Application, 2017-2030 (US$ Bn)
9.3.2. France
9.3.2.1. France Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.3.2.2. France Terpenes, By Type, 2017-2030 (US$ Bn)
9.3.2.3. France Terpenes, By Application, 2017-2030 (US$ Bn)
9.3.3. UK
9.3.3.1. UK Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.3.3.2. UK Terpenes, By Type, 2017-2030 (US$ Bn)
9.3.3.3. UK Terpenes, By Application, 2017-2030 (US$ Bn)
9.3.4. Italy
9.3.4.1. Italy Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.3.4.2. Italy Terpenes, By Type, 2017-2030 (US$ Bn)
9.3.4.3. Italy Terpenes, By Application, 2017-2030 (US$ Bn)
9.3.5. Spain
9.3.5.1. Spain Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.3.5.2. Spain Terpenes, By Type, 2017-2030 (US$ Bn)
9.3.5.3. Spain Terpenes, By Application, 2017-2030 (US$ Bn)
9.3.6. Rest of Europe
9.3.6.1. Rest of Europe Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.3.6.2. Rest of Europe Terpenes, By Type, 2017-2030 (US$ Bn)
9.3.6.3. Rest of Europe Terpenes, By Application, 2017-2030 (US$ Bn)

10. Asia Pacific Terpenes Market Analysis
10.1. Asia Pacific Terpenes Market, by Type, 2017-2030(US$ Bn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Terpenes Market, by Application, 2017-2030(US$ Bn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Terpenes Market, by Country, 2017-2030 (US$ Bn)
10.3.1. China
10.3.1.1. China Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.3.1.2. China Terpenes, By Type, 2017-2030 (US$ Bn)
10.3.1.3. China Terpenes, By Application, 2017-2030 (US$ Bn)
10.3.2. Japan
10.3.2.1. Japan Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.3.2.2. Japan Terpenes, By Type, 2017-2030 (US$ Bn)
10.3.2.3. Japan Terpenes, By Application, 2017-2030 (US$ Bn)
10.3.3. India
10.3.3.1. India Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.3.3.2. India Terpenes, By Type, 2017-2030 (US$ Bn)
10.3.3.3. India Terpenes, By Application, 2017-2030 (US$ Bn)
10.3.4. South Korea
10.3.4.1. South Korea Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.3.4.2. South Korea Terpenes, By Type, 2017-2030 (US$ Bn)
10.3.4.3. South Korea Terpenes, By Application, 2017-2030 (US$ Bn)
10.3.5. South-East Asia
10.3.5.1. South-East Asia Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.3.5.2. South-East Asia Terpenes, By Type, 2017-2030 (US$ Bn)
10.3.5.3. South-East Asia Terpenes, By Application, 2017-2030 (US$ Bn)
10.3.6. Rest of Asia Pacific
10.3.6.1. Rest of Asia Pacific Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.3.6.2. Rest of Asia Pacific Terpenes, By Type, 2017-2030 (US$ Bn)
10.3.6.3. Rest of Asia Pacific Terpenes, By Application, 2017-2030 (US$ Bn)

11. Latin America Terpenes Market Analysis
11.1. Latin America Terpenes Market, by Type, 2017-2030(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Terpenes Market, by Application, 2017-2030(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Terpenes Market, by Country, 2017-2030 (US$ Bn)
11.3.1. Brazil
11.3.1.1. Brazil Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.3.1.2. Brazil Terpenes, By Type, 2017-2030 (US$ Bn)
11.3.1.3. Brazil Terpenes, By Application, 2017-2030 (US$ Bn)
11.3.2. Mexico
11.3.2.1. Mexico Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.3.2.2. Mexico Terpenes, By Type, 2017-2030 (US$ Bn)
11.3.2.3. Mexico Terpenes, By Application, 2017-2030 (US$ Bn)
11.3.3. Rest of Latin America
11.3.3.1. Rest of Latin America Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.3.3.2. Rest of Latin America Terpenes, By Type, 2017-2030 (US$ Bn)
11.3.3.3. Rest of Latin America Terpenes, By Application, 2017-2030 (US$ Bn)

12. Middle East and Africa Terpenes Market Analysis
12.1. Middle East and Africa Terpenes Market, by Type, 2017-2030(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Terpenes Market, by Application, 2017-2030(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Terpenes Market, by Country, 2017-2030 (US$ Bn)
12.3.1. GCC Countries
12.3.1.1. GCC Countries Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.3.1.2. GCC Countries Terpenes, By Type, 2017-2030 (US$ Bn)
12.3.1.3. GCC Countries Terpenes, By Application, 2017-2030 (US$ Bn)
12.3.2. South Africa
12.3.2.1. South Africa Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.3.2.2. South Africa Terpenes, By Type, 2017-2030 (US$ Bn)
12.3.2.3. South Africa Terpenes, By Application, 2017-2030 (US$ Bn)
12.3.3. Rest of Middle East and Africa
12.3.3.1. Rest of Middle East and Africa Terpenes Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.3.3.2. Rest of Middle East and Africa Terpenes, By Type, 2017-2030 (US$ Bn)
12.3.3.3. Rest of Middle East and Africa Terpenes, By Application, 2017-2030 (US$ Bn)

13. Company Profiles
13.1. Arora Aromatics
13.1.1. Company Overview
13.1.2. Products/Service Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2022)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. Mentha & Allied Products
13.3. AOS Products
13.4. Kraton
13.5. Natural Fractions
13.6. Interstate Commodities
13.7. Himachal Terepene Products
13.8. YASUHARA CHEMICAL
13.9. Jiangxi Jishui Xinghua Natural Spice
13.10. Others

List of Figures
FIG. 1 Global Terpenes Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Terpenes Market Segmentation
FIG. 4 Global Terpenes Market, by Type, 2022 (US$ Bn)
FIG. 5 Global Terpenes Market, by Application, 2022 (US$ Bn)
FIG. 6 Global Terpenes Market, by Geography, 2022 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Type, 2022
FIG. 8 Attractive Investment Proposition, by Application, 2022
FIG. 9 Attractive Investment Proposition, by Geography, 2022
FIG. 10 Global Market Share Analysis of Key Terpenes Market Manufacturers, 2022
FIG. 11 Global Market Positioning of Key Terpenes Market Manufacturers, 2022
FIG. 12 Global Terpenes Market Value Contribution, By Type, 2022 & 2030 (Value %)
FIG. 13 Global Terpenes Market, by Pinene, Value, 2017-2030 (US$ Bn)
FIG. 14 Global Terpenes Market, by Solution, Value, 2017-2030 (US$ Bn)
FIG. 15 Global Terpenes Market, by Others, Value, 2017-2030 (US$ Bn)
FIG. 16 Global Terpenes Market Value Contribution, By Application, 2022 & 2030 (Value %)
FIG. 17 Global Terpenes Market, by Cosmetic, Value, 2017-2030 (US$ Bn)
FIG. 18 Global Terpenes Market, by Pharmaceutical, Value, 2017-2030 (US$ Bn)
FIG. 19 Global Terpenes Market, by Food, Value, 2017-2030 (US$ Bn)
FIG. 20 Global Terpenes Market, by Others, Value, 2017-2030 (US$ Bn)
FIG. 21 North America Terpenes Market, 2017-2030 (US$ Bn)
FIG. 22 U.S. Terpenes Market, 2017-2030 (US$ Bn)
FIG. 23 Canada Terpenes Market, 2017-2030 (US$ Bn)
FIG. 24 Europe Terpenes Market, 2017-2030 (US$ Bn)
FIG. 25 Germany Terpenes Market, 2017-2030 (US$ Bn)
FIG. 26 France Terpenes Market, 2017-2030 (US$ Bn)
FIG. 27 U.K. Terpenes Market, 2017-2030 (US$ Bn)
FIG. 28 Italy Terpenes Market, 2017-2030 (US$ Bn)
FIG. 29 Spain Terpenes Market, 2017-2030 (US$ Bn)
FIG. 30 Rest of Europe Terpenes Market, 2017-2030 (US$ Bn)
FIG. 31 Asia Pacific Terpenes Market, 2017-2030 (US$ Bn)
FIG. 32 China Terpenes Market, 2017-2030 (US$ Bn)
FIG. 33 Japan Terpenes Market, 2017-2030 (US$ Bn)
FIG. 34 India Terpenes Market, 2017-2030 (US$ Bn)
FIG. 35 South Korea Terpenes Market, 2017-2030 (US$ Bn)
FIG. 36 Southeast Asia Terpenes Market, 2017-2030 (US$ Bn)
FIG. 37 Rest of Asia Pacific Terpenes Market, 2017-2030 (US$ Bn)
FIG. 38 Latin America Terpenes Market, 2017-2030 (US$ Bn)
FIG. 39 Brazil Terpenes Market, 2017-2030 (US$ Bn)
FIG. 40 Mexico Terpenes Market, 2017-2030 (US$ Bn)
FIG. 41 Rest of Latin America Terpenes Market, 2017-2030 (US$ Bn)
FIG. 42 Middle East & Africa Terpenes Market, 2017-2030 (US$ Bn)
FIG. 43 GCC Countries Terpenes Market, 2017-2030 (US$ Bn)
FIG. 44 South Africa Terpenes Market, 2017-2030 (US$ Bn)
FIG. 45 Rest of Middle East and Africa Terpenes Market, 2017-2030 (US$ Bn)

List of Tables
TABLE 1 Market Snapshot: Global Terpenes Market
TABLE 2 Global Terpenes Market, by Competitive Benchmarking, 2022
TABLE 3 Global Terpenes Market, by Geographical Presence Analysis, 2022
TABLE 4 Global Terpenes Market, by Key Strategies Analysis, 2022
TABLE 5 Global Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 6 Global Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 7 Global Terpenes Market, by Geography, 2017-2030 (US$ Bn)
TABLE 8 North America Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 9 North America Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 10 North America Terpenes Market, by Country, 2017-2030 (US$ Bn)
TABLE 11 US Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 12 US Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 13 Canada Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 14 Canada Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 15 Europe Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 16 Europe Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 17 Europe Terpenes Market, by Country, 2017-2030 (US$ Bn)
TABLE 18 Germany Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 19 Germany Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 20 France Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 21 France Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 22 UK Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 23 UK Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 24 Italy Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 25 Italy Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 26 Spain Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 27 Spain Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 28 Rest of Europe Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 29 Rest of Europe Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 30 Asia Pacific Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 31 Asia Pacific Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 32 Asia Pacific Terpenes Market, by Country, 2017-2030 (US$ Bn)
TABLE 33 China Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 34 China Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 35 Japan Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 36 Japan Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 37 India Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 38 India Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 39 South Korea Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 40 South Korea Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 41 South East Asia Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 42 South East Asia Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 43 Rest of Asia Pacific Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 44 Rest of Asia Pacific Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 45 Latin America Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 46 Latin America Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 47 Latin America Terpenes Market, by Country, 2017-2030 (US$ Bn)
TABLE 48 Brazil Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 49 Brazil Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 50 Mexico Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 51 Mexico Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 52 Rest of Latin America Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 53 Rest of Latin America Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 54 Middle East and Africa Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 55 Middle East and Africa Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 56 Middle East and Africa Terpenes Market, by Country, 2017-2030 (US$ Bn)
TABLE 57 GCC Countries Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 58 GCC Countries Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 59 South Africa Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 60 South Africa Terpenes Market, by Application, 2017-2030 (US$ Bn)
TABLE 61 Rest of Middle East and Africa Terpenes Market, by Type, 2017-2030 (US$ Bn)
TABLE 62 Rest of Middle East and Africa Terpenes Market, by Application, 2017-2030 (US$ Bn)