Global Isoamyl Acetate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By End-User;

Food and Beverage, Cosmetics, Textile, Pharmaceuticals and Other End-user Industries.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn105068283 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Isoamyl Acetate Market (USD Million), 2021 - 2031

In the year 2024, the Global Isoamyl Acetate Market was valued at USD 8,066.53 million. The size of this market is expected to increase to USD 15,520.41 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.8%.

The global isoamyl acetate market is experiencing significant growth due to its widespread use across various industries, particularly in food and beverages, cosmetics, pharmaceuticals, and industrial applications. Isoamyl acetate, commonly known as banana oil due to its distinctive fruity, banana-like aroma, is a colorless liquid ester formed through the reaction of isoamyl alcohol and acetic acid. It has a wide range of applications, with its pleasant fragrance and flavor making it a popular ingredient in food flavoring, perfumes, and cleaning products. As a versatile chemical compound, isoamyl acetate is also used as a solvent in industrial applications such as paints, coatings, and adhesives.

The demand for isoamyl acetate is heavily influenced by the growing consumer preferences for natural and synthetic food flavorings, especially in the processed food and beverage sectors. As global food consumption continues to rise, the need for flavoring agents that can mimic natural fruit tastes has driven the adoption of isoamyl acetate. Additionally, the expanding cosmetic and personal care industries are contributing to the market growth, as isoamyl acetate is used as a fragrance compound in perfumes, lotions, and other cosmetic products. The rising demand for products with distinctive scents and flavors continues to propel the use of isoamyl acetate in these sectors.

The pharmaceutical industry is also utilizing isoamyl acetate for its solvent properties in the production of medicinal formulations. Its non-toxic and biodegradable nature makes it a favorable choice for use in health-related products, where safety and environmental concerns are paramount. The increasing focus on sustainability and green chemistry in the production of chemicals has further boosted the market for eco-friendly compounds like isoamyl acetate. With a growing emphasis on sustainability, the global isoamyl acetate market is expected to see continued growth, particularly in emerging economies, where rising disposable incomes and the adoption of modern consumer products are increasing the demand for fragrance and flavor additives.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By End-User
    2. Market Snapshot, By Region
  4. Global Isoamyl Acetate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for natural and synthetic flavoring agents in the food and beverage industry.
        2. Increasing use of isoamyl acetate in cosmetics and personal care products.
        3. Expanding industrial applications as a solvent in coatings, adhesives, and cleaning agents.
      2. Restraints
        1. Fluctuating raw material prices impacting production costs.
        2. Stringent environmental regulations on chemical manufacturing and usage.
        3. Limited availability of high-purity isoamyl acetate in certain regions.
      3. Opportunities
        1. Rising demand for organic and bio-based isoamyl acetate.
        2. Expanding applications in emerging industries such as biofuels and green solvents.
        3. Untapped market potential in developing regions with growing consumer industries.
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Isoamyl Acetate Market, By End-User, 2021 - 2031 (USD Million)
      1. Food and Beverage
      2. Cosmetics
      3. Textile
      4. Pharmaceuticals
      5. Other End-user Industries
    2. Global Isoamyl Acetate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Thermo Fisher Scientific
      2. Merck KGaA
      3. BASF SE
      4. Dow
  7. Analyst Views
  8. Future Outlook of the Market