Synopsis
The global market for Farnesene was estimated to be worth US$ 50.3 million in 2024 and is forecast to a readjusted size of US$ 68.6 million by 2031 with a CAGR of 4.6% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Farnesene cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Farnesene is a pale yellow to yellow liquid with a vegetative scent and a taste of green vegetables with a fruity aftertaste.
There are two producing companies Amyris Brasil and ADL Biopharma. Actually, the industry is dominated by Amyris. And at the end of 2024, DSM acquired the brazil farnesene plant from Amyris.
Market Prospects:
Growing Demand in Cosmetics & Personal Care: The US and EU markets are witnessing fast adoption of bio-based, sustainable raw materials for skincare.
Emerging Applications in Polymers & Rubber: Farnesene-derived polymers offer improved flexibility and wear resistance, suitable for green tires and sealing materials.
Expansion in Food Additives & Fragrances: As a natural flavor and antioxidant (such as vitamin E intermediates), Farnesene holds potential to replace petrochemical-based counterparts.
Technological Challenges:
Fermentation Efficiency Improvement: Farnesene biosynthesis requires long metabolic pathways and high energy inputs. Industrial yeast strains need further genetic engineering to improve yields (currently ~20–30 g/L).
Feedstock Price Volatility: The cost of sugarcane and other agricultural feedstocks is subject to climate and policy risks, impacting production economics.
High Purification Complexity: Isomer separation of Farnesene requires sophisticated and energy-intensive processes to achieve high purity.
End-User Market Development Lag: Emerging markets like bio-jet fuel and green rubber remain under technical validation or pending regulatory approvals, lacking large-scale demand.
High Capital Expenditure: Industrial-scale fermentation, separation, and hydrogenation facilities are costly, requiring long construction periods (24–36 months).
This report aims to provide a comprehensive presentation of the global market for Farnesene, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Farnesene by region & country, by Type, and by Application.
The Farnesene market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Farnesene.
Market Segmentation
By Company
DSM
ADL Biopharma
Segment by Type
Beta Farnesene
Alpha Farnesene
Segment by Application
Nutraceuticals
Polymers & Adhesives
Solvents
Tires & LFR
Cosmetics
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Farnesene manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Farnesene in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Farnesene in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request