Citronellyl Formate Market is likely to register double digit CAGR during 2023
Citronellyl formate also known as citronellol formate or 3,7-Dimethyl-6-octen–yl is a chemical compound used as a fragrance ingredient. Citronellyl formate is transparent colorless oily liquid with characteristic odor. Citronellyl formate has fruity smell, pear, and fresh floral odor. Although it has pungent odor, but has distinctly similar smell of fresh floral and rose petals. Citronellyl formate is manufactured through reaction of citronellol with formic acid. The reaction mixture is allowed to decompose to form citronellyl formate.
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Citronellol a key raw material is derived from rose, lemon grass and geranium. Citronellol is slightly soluble in water and is unstable in presence of oxidizing agents. The U.S. Food and Drug Administration have approved citronellyl formate as Generally Recognized As Safe (GRAS) for use as flavoring and fragrance agent in food & beverage and personal care industry. Citronellyl formate finds applications in essential oils and perfumes. Over the past few years, there is rise in demand for citronellyl formate as it is less harmful compared to its synthetic counterparts.
Citronellyl formate is also used in essential oils or volatile oils. These essential oils are used in aromatherapy for healing treatments. In food & beverage industry, citrononellyl formate is used as flavoring agents in beverages and aroma oils. In spite of major applications in perfumery and personal care industry, regulations from governing agencies such as U.S. FDA and EU related to the usage of citronellyl formate is likely to hinder the market growth. Further, a wide range of substitutes is available in the market for citronellyl formate.