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ESSENTIAL OILS AND OLEORESINS<br />

MARKET NEWS SERVICE (MNS)<br />

QUARTERLY EDITION<br />

MNS BULLETIN<br />

March 2011


Disclaimer<br />

This report has been prepared without formal editing, as a service to exporters and industries in<br />

developing countries by the <strong>Market</strong> <strong>News</strong> <strong>Service</strong> (MNS), Division of Product and <strong>Market</strong><br />

Development, <strong>International</strong> <strong>Trade</strong> <strong>Centre</strong> UNCTAD/WTO.<br />

No part of this report may be reproduced, stored in a retrieval system or transmitted in any form<br />

or by any means, without prior permission in writing from the <strong>International</strong> <strong>Trade</strong> <strong>Centre</strong>.<br />

The mention of specific companies or of certain commercial products and brand names does not<br />

imply that they are endorsed or recommended by ITC in preference to others of a similar nature<br />

that are not mentioned.<br />

The designations employed and the presentation of material on the map do not imply the<br />

expression of any opinion whatsoever on the part of the <strong>International</strong> <strong>Trade</strong> <strong>Centre</strong> concerning<br />

the legal status of any Country, territory, city or area or of its authorities, or concerning the<br />

delimitation of its frontiers or boundaries.<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins


<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oils & Oleoresins, EU and US <strong>Market</strong> Report<br />

Report prepared for ITC‘s <strong>Market</strong> <strong>News</strong> <strong>Service</strong> by:<br />

EU markets: Mr. Steve Caiger (steve.caiger@highvaluehorticulture.com)<br />

US markets: Ms. Kerry Hughes (kerry@ethnopharm.com)<br />

Issue Number 1, March 2011<br />

The <strong>Market</strong> <strong>News</strong> <strong>Service</strong> of the <strong>International</strong> <strong>Trade</strong> <strong>Centre</strong> UNCTAD/WTO (ITC) provides timely<br />

and detailed price and market information on selected primary and semi-processed products of<br />

particular interest to developing countries and economies in transition. Regular access to such<br />

information is vital to companies deciding when and where they should sell or buy products on<br />

international markets. MNS thus aims to serve as a market intelligence tool, to enable developing<br />

countries realize their full income potential through global trade expansion. MNS does not act as<br />

a broker and is exclusively an information service with the objective of improving market<br />

transparency and encouraging price and quality competition for the benefit of all market players.<br />

MNS‘ team of product specialists draws its information from a network of correspondents in many<br />

countries worldwide, collecting up-to-date data on wholesale prices paid for specific products,<br />

supply and demand trends, and economic, climatic and legislative information that can affect the<br />

short-term market situation of particular products. MNS' information providers include major<br />

importers, exporters, manufacturers, wholesalers, and governmental organizations. We<br />

continuously encourage and welcome new sources of information. Should you be interested in<br />

becoming an information provider and contributing to MNS' efforts to improve market<br />

transparency and facilitate trade, please contact us at mns@intracen.org.<br />

For more information about the report and the <strong>Market</strong> <strong>News</strong> <strong>Service</strong>, please contact<br />

mns@intracen.org or visit our website on http://www.intracen.org/market-news<br />

No part of these reports may be reproduced, stored in a retrieval system, or transmitted in<br />

any form or by any means without the prior permission of the MNS/ITC Geneva.<br />

Copyright © MNS/ITC 2011. All rights reserved<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

3


INDEX<br />

MARKET CONDITIONS 5<br />

EU <strong>Market</strong>s 5<br />

US <strong>Market</strong> 5<br />

FUEL SUSTAINABILITY 6<br />

Fuel costs and carbon footprint 6<br />

SPECIAL FOCUS: 7<br />

Flavour & Fragrance Industry Sales, with a Focus on Industry Leaders 7<br />

Mainstream Industry Trends 11<br />

Supplying the Top Ten 12<br />

SUPPLIERS OF EQUIPMENT 13<br />

Africa 13<br />

PRICE INFORMATION 16<br />

US <strong>Market</strong>s 16<br />

EU <strong>Market</strong>s 19<br />

NEWS & UPDATES 22<br />

Cinnamon active label extends peach shelf life, maintains sensory qualities 22<br />

Global industry looks at India as a future hub for Fragrances and Flavours 23<br />

Study notes HPP effectiveness in reducing Listeria risk in yoghurt 24<br />

Using wastewater to enhance mint production 25<br />

Mentha oil remains up in futures trade 26<br />

EVENTS CALENDAR 27<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins


<strong>Market</strong> Conditions<br />

EU <strong>Market</strong>s<br />

The market has not been badly disturbed by<br />

the political upheavals in North Africa,<br />

although prolonged problems in Egypt would<br />

have had a serious impact given the range of<br />

products for which it is an important origin.<br />

Provided the situation there remains basically<br />

stable – in terms of the day-to-day economy<br />

functioning – there should not be any major<br />

impact on product prices. Tunisia is a<br />

commercial producer of a narrow range of<br />

essential oils (neroli, rosemary) but it is not a<br />

dominant origin, so the continuing disruption<br />

there should not affect the market unduly.<br />

Libya and Syria do not have significant<br />

essential oil production, and Morocco, the<br />

other major producer in North Africa, has not<br />

been involved in the turmoil.<br />

Prices of almost all essential oils remain firm,<br />

driven by 2 basic factors:<br />

The flavours and fragrances market<br />

continues to grow, and<br />

US <strong>Market</strong><br />

According to a Malagasy producer, there was<br />

explosion of geranium and ravintsara demand<br />

in the first quarter of the year which continues<br />

to grow. Geranium oil is being sold at 200 euro<br />

FOB now. They have also noticed the rise in<br />

demand of the vegetable oil of calophyllum<br />

inophyllum(also called forah in Madagascar).<br />

In Guatemala the harvesting season of<br />

cardamom has finished. The total production<br />

expected from Sept-2010 till August-2011<br />

seems to be 10-15% more in comparison with<br />

last season. Prices are at high levels, which<br />

are reported to likely stay at the same levels<br />

until next season which starts in October.<br />

During recent years the weather conditions<br />

have been the most important condition<br />

regarding production volumes in Guatemala.<br />

US importers of essential oils are reporting<br />

strong demands for American peppermint oil,<br />

resulting in firm prices, which may potentially<br />

increase in the next few months. Spearmint oil<br />

is also reported to have firm pricing. Indian<br />

suppliers continue to explain the lack of<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

Updates<br />

Fuel costs, which represent a major part<br />

of the costs of the production of all<br />

products, are very high and likely to<br />

remain so.<br />

An additional factor is the range of crop<br />

options that farmers have these days,<br />

particularly short term fresh food crops. This<br />

has resulted in farmers being able to turn<br />

away from ‗traditional‘ crops when prices are<br />

poor. They are no longer tied in to production<br />

of a particular crop but have a broad range of<br />

options to choose from. The consequence of<br />

this is that many have permanently<br />

abandoned the traditional cultivation of<br />

essential oils, while others might possibly drop<br />

the crop when returns are poor and<br />

alternatives offer better returns. These<br />

changes are driving the industry towards<br />

‗sustainable‘ pricing as a necessary strategy to<br />

avoid the continuing uncertainty over supply<br />

and price spikes from shortages.<br />

supplies and high prices of essential oils from<br />

India due to adverse weather conditions,<br />

inflation, and the strengthening of the Indian<br />

currency against the US dollar. Likewise, in<br />

Indonesia, shippers are reporting that even<br />

though it was still rainy (in February when this<br />

was reported), the situation has improved with<br />

both prices and with available stock, possibly<br />

due to anticipation of the end of the rainy<br />

season.<br />

The recent flooding in Australia has reportedly<br />

impacted the tea tree oil distillation this year,<br />

with estimates that the 2011 production may<br />

be 30% less than last year. Increases in the<br />

currently quoted prices (approx. US$40/kg) for<br />

tea tree oil are foreseen.<br />

In Paraguay the Petitgrain distillation season<br />

which should have begun by now, but has<br />

been delayed by about two months; therefore,<br />

production is limited and producers are now<br />

busy with other products. Oil Guaiacwood has<br />

been taken off the CITES list early this year,<br />

and therefore is being exported once again.<br />

5


Fuel Sustainability<br />

Fuel costs and carbon footprint<br />

Distillation operations using fuel – typically<br />

diesel or heavy fuel oil – have seen major<br />

price rises over the last few years, and the<br />

signs are that prices are going to remain high,<br />

and that further upheavals in the Middle East<br />

area have the potential to send them higher<br />

still. Even without any consideration of<br />

political disturbances, it is clear that global<br />

demand has risen, and is continuing to rise,<br />

and this is likely to keep prices where they are,<br />

or to push them higher still. Fuel costs are a<br />

major in distillation costs, and enterprises<br />

have to find ways to reduce usage, and/or to<br />

change to lower priced fuels. New boilers and<br />

burners can offer significant efficiency savings<br />

over old equipment, but important and cost<br />

effective benefits can be obtained by<br />

optimising insulation to minimise heat loss,<br />

putting in heat recovery systems to make use<br />

of waste heat, using simple solar collectors to<br />

pre-heat water etc.<br />

As well as trying to minimise fuel usage,<br />

enterprises need to consider their carbon<br />

footprint, and start to work on strategies to at<br />

least minimise it, and then to start off-setting it.<br />

This is starting to become an important factor<br />

in the market, and will become increasingly so.<br />

It is much better to be a leader in offering<br />

carbon neutral product, than to be driven to do<br />

it at the end and not have the time to identify<br />

and plan for the best way to achieve it. Fuel<br />

used is likely to be the major source of carbon<br />

usage, although if crops are grown under<br />

intensive systems, with irrigation and high<br />

fertilizer inputs, crop production itself may<br />

have a significant carbon footprint, which will<br />

also need to be considered. Minimising fuel<br />

used in distillation will reduce the carbon<br />

footprint of the enterprise. After that, the<br />

strategy changes to off-setting – either through<br />

the purchase of carbon credits, or the<br />

generation of credits (such as through<br />

registered tree planting schemes). The costs<br />

of this are not great, but the beneficial impact<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

– both to the environment and the business -<br />

can be. As an indication, for each 10,000<br />

litres of diesel used in a boiler, around 27<br />

tonnes of CO2 equivalent (tCO2e) is released<br />

– so that 27 credits are required to offset it.<br />

Prices of credits vary depending on whether<br />

they come from voluntary schemes or formal<br />

CDM credit schemes, but at around<br />

US$10/credit, the total offset cost would be<br />

US$270 for each 10,000 litres used.<br />

Alternatively, tree planting schemes could be<br />

started, to generate credits. Schemes have to<br />

run for a certain time – typically 15 years, but it<br />

can be shorter – so that they may not be<br />

suitable for fuel wood schemes. In the<br />

voluntary sector RED credits (for avoided<br />

deforestation) can be generated, and<br />

boundary tree planting schemes (around<br />

landholdings) are also accepted. Once the<br />

carbon credit system is understood – and<br />

frequently there are locally based<br />

organisations that have made it their business<br />

to understand the system, in East Africa for<br />

example the Uganda Carbon Bureau is a very<br />

good first point of contact – an appraisal of the<br />

business can identify a range of ways through<br />

which carbon usage can be minimised and<br />

credits generated to move towards offsetting<br />

the carbon footprint.<br />

Enterprises that run wood fired distillation<br />

operations – either an open fire or wood fired<br />

steam boilers – also have to consider fuel<br />

usage, as the same principles apply as for<br />

enterprises using diesel. Wood is becoming<br />

scarce, prices are rising, and burning wood is<br />

generating a carbon footprint.<br />

Uganda Carbon Bureau<br />

Plot 47 Lubowa Estate<br />

PO Box 70480<br />

Kampala. Uganda<br />

Tel/fax: +256 (414) 200988<br />

Contact: Bill Farmer, Chairman<br />

billfarmer@ugandacarbon.org


Special Focus<br />

Flavour & Fragrance Industry Sales, with a Focus on<br />

Industry Leaders<br />

The flavour and fragrance Industry is<br />

dominated by a few large corporations that<br />

control the majority of the market share<br />

while the more numerous small Flavour<br />

and fragrance companies continue to lose<br />

market share. Last year was no different<br />

in this trend, as 2010 saw some of the<br />

largest year-to-year gains, with an<br />

estimated total market growth of<br />

approximately 10% in US$ 1 . The small<br />

flavour and fragrance companies, on the<br />

other hand, were reported to lose market<br />

share on the order of about 4.5% in US$.<br />

Who are the Top 10 Industry Leaders?<br />

1. Givaudan SA<br />

Corporate Headquarters:<br />

5, Chemin de la Parfumerie<br />

Vernier, - 1214 Switzerland<br />

http://www.givaudan.com/<br />

Givaudan is the top Flavour & fragrance<br />

company in the world. They claim their<br />

success has to do with their innovation,<br />

and they have a focus on building<br />

partnerships with clients. They list their<br />

mid-term objectives based on assumed<br />

market grown of 2-3% as being a 4.5-5.5%<br />

organic sales growth, the best in class<br />

EBITDA, 14-16% free cash flow of sales<br />

by 2015, and above 60% free cash flow<br />

return. The key ‗pillars‘ of their five-year<br />

strategy are reported to be developing<br />

markets, research and development,<br />

health and wellness, sustainable sourcing<br />

of raw materials, and targeted customers<br />

and segments.<br />

As reported by Leffingwell & Associates: In<br />

2010, Givaudan Group sales totalled CHF<br />

4,239 million, an increase of 8.9% in local<br />

currencies and 7.1% in Swiss francs<br />

compared to the previous year. Sales of<br />

the Fragrance Division were CHF 1,988<br />

million, an increase of 10.5% in local<br />

currencies and 9.0% in Swiss francs.<br />

Sales of the Flavour Division were CHF<br />

1 Leffingwell & Associates<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

2,251 million, an increase of 7.5% in local<br />

currencies and 5.4% in Swiss francs<br />

compared to the previous year.<br />

2. Firmenich SA<br />

Corporate Headquarters:<br />

Rue de la Bergère 7<br />

P.O. Box 148<br />

Meyrin 2 CH-1217 Switzerland<br />

Firmenich is the largest privately owned<br />

flavour and fragrance company in the<br />

world. It was founded in 1895 and early on<br />

became known for signature fragrance<br />

chemicals, such as Dianthine® and<br />

Iralia®, which are still present on the<br />

market today. Their strongest growth<br />

markets today are geographically in<br />

emerging market, with a new affiliate in<br />

Dubai opened this year to serve the Gulf<br />

region, a new state-of-the art perfume and<br />

Flavour development center in Brazil to<br />

service Latin America, and a new Perfume<br />

ingredients plan in India to support their<br />

global business.<br />

As reported by Leffingwell & Associates:<br />

For the financial year ended June 30,<br />

2010, Firmenich posted record sales of<br />

CHF 2873 million, an increase of 12.1% in<br />

local currencies and 8.7% in Swiss Francs,<br />

regaining its position as growth leader in<br />

the fragrance and Flavour industry. This<br />

performance was driven by double-digit<br />

growth in Perfumery and Flavour<br />

segments, with a particularly strong<br />

rebound in Fine Fragrance during the<br />

second half of the year. The perfume and<br />

Flavour ingredients business followed the<br />

trend, recording a healthy high single-digit<br />

growth performance. Leffingwell estimates<br />

that Firmenich increased market share by<br />

about 1.7% in the period.<br />

3. IFF<br />

Corporate Headquarters:<br />

521 West 57th Street<br />

New York, NY 10019 USA<br />

7


IFF‘s vision is to create unique scent &<br />

taste experiences people love. They say<br />

they do this through their commitment to<br />

customers, people and innovation.<br />

Since 1833 they have been in the Flavour<br />

and fragrance business, originally started<br />

by a miller and a druggist with a focus on<br />

the production of essential oils, especially<br />

sandalwood oil and clove. In 2011, IFF<br />

has announced plans to invest over $100<br />

million in Greater Asia over the next few<br />

years to be allocated to two new state-ofthe-art<br />

manufacturing facilities located in<br />

Guangzhou, China and Singapore. IFF‘s<br />

2010 net sales were $2.6 billion and had<br />

operations in 33 countries.<br />

4. Symrise<br />

Corporate Headquarters:<br />

Muehlenfeldstraße<br />

Holzminden, 37603 Germany<br />

In the medium term Symrise is striving to<br />

become one of the three leading<br />

manufacturer in the Flavour and fragrance<br />

industry. In order to do this they plan to<br />

grow globally with defined customers,<br />

growing in the emerging markets of Asia,<br />

South America, the Middle East and<br />

Africa. They plan to strategically<br />

strengthen themselves through<br />

acquisitions.<br />

As reported by Leffingwell & Associates:<br />

Symrise increased sales in 2010 by 15.4<br />

% to € 1.571.9 million (+11% in local<br />

currency) and exceeded its target to<br />

achieve sales growth of at least 8 %.<br />

Scent & Care sales increased 17.9% to €<br />

804.5 million while Flavour & Nutrition<br />

sales increased 12.9% to € 804.5 million.<br />

5. Takasago<br />

Corporate Headquarters:<br />

Nissey Aroma Square 17F<br />

5-37-1, Kamata<br />

Ohta-Ku, - 144-8721 Japan<br />

Founded in Japan in 1920, Takasago has<br />

developed Flavours and fragrances for<br />

over 80 years, and has a focus on the<br />

Asian region. Takasago maintains<br />

operations in 24 countries and through this<br />

network strive to deliver individual market<br />

solutions. Takasago also has pursued<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

pharmaceutical intermediaries, functional<br />

materials and other fine chemicals, with<br />

asymmetric synthesis being used as a key<br />

technology.<br />

As reported by Leffingwell & Associates:<br />

Sales for the half fiscal year ending<br />

September 30, 2010 were ¥ 60,547<br />

million, up 2.9% from the prior year while<br />

net income increased 85.1% to ¥ 3,325<br />

million.<br />

6. Mane SA<br />

Corporate Headquarters:<br />

620 Route de Grasse<br />

06620 Le Bar Sur Loup, France<br />

Founded in 1871, Mane began as a<br />

company supplying and producing fragrant<br />

materials from regional flowers and plants.<br />

It grew internationally between 1916 and<br />

1958, and then in 1959 diversified into the<br />

Flavourings for the food industry.<br />

Mane reportedly consolidates their<br />

activities with the promotion of human<br />

resources, the quality assurance of their<br />

products, and with their environmental<br />

protection management system.<br />

As reported by Leffingwell & Associates:<br />

Mane achieved a consolidated turnover of<br />

480.1 million Euros in 2010, up 26.7%<br />

from 376.2 million Euros in 2009 (personal<br />

communication, Leffingwell & Associates).<br />

7. Sensient Flavours<br />

Corporate Headquarters:<br />

777 East Wisconsin Avenue<br />

Milwaukee, WI 53202-5304 USA<br />

Sensient Technologies is not only one of<br />

the largest Flavour and fragrance<br />

companies in the world, but they also<br />

supply colours that are used in a diversity<br />

of products, from food and beverages,<br />

pharmaceuticals, cosmetics, home and<br />

personal care products, specialty printing<br />

and imaging products, as well as computer<br />

imaging and industrial colours.<br />

As reported by Leffingwell & Associates:<br />

The Flavours & Fragrances Group<br />

reported full year 2010 sales of $809.1<br />

million, an increase of 4.7% vs. 2009.<br />

Operating income for the same period<br />

declined 2.0%. For the 4th Qtr, F&F sales


were $206.1 million, up 5.2% while<br />

operating income declined 0.5%. As these<br />

figures include dehydrated products such<br />

as dehydrated vegetables that are about<br />

28% of sales, we estimate that the sales of<br />

conventional Flavours & fragrances in<br />

2010 were about $582.6 million.<br />

8. T. Hasegawa<br />

Corporate Headquarters:<br />

4-4-14, Nihonbashi Hon-cho,<br />

Chuo-ku, Tokyo 103-8431<br />

Since 1903, T. Hasegawa has focused on<br />

quality and service. Today they are<br />

second in the Japanese market, and<br />

eighth in the global market. Operations<br />

are focused in the US, Japan, Singapore<br />

and China.<br />

As reported by Leffingwell & Associates:<br />

For the full year ending September 30,<br />

2010 consolidated net sales were ¥<br />

45,167 million, up 4.4%. For the same<br />

period, net income increased 58.5% to ¥<br />

2,840 million.<br />

9. Robertet SA<br />

Corporate Headquarters:<br />

37, Avenue Sidi Brahim<br />

BP 52100<br />

06130 Grasse Cedex, France<br />

Robertet describes itself as being above<br />

all a natural aromatic products company.<br />

Their natural raw materials are produced<br />

in one of their four factories, located in<br />

France, Turkey, South Africa or Belgium.<br />

Robertet is a family business that is<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

quoted on the Paris stock exchange since<br />

1984, and it prides itself on family<br />

traditions that live on in the company‘s<br />

rigorous management style that enable it<br />

to grow globally.<br />

As reported by Leffingwell & Associates:<br />

Robertet has reported sales for 2010 of<br />

362.25 million Euros, an increase of<br />

18.7% over 2009. Fragrance sales<br />

increased 15.7% to 130.6 million Euros.<br />

Flavour sales increased 17.3% to 143.5<br />

million Euros and Ingredient sales<br />

increased 26.1% to 85.8 million Euros.<br />

10. Frutarom<br />

Corporate Headquarters:<br />

25 Hashaish Street 
<br />

P.O.B 10067 
<br />

Haifa 26110 
Israel<br />

Frutarom was established in 1933, and is<br />

now a rapidly growing Flavour and fine<br />

ingredients company. Beyond Flavours<br />

and fragrances, Frutarom develops,<br />

produces and markets functional food<br />

extracts, and natural<br />

pharmaceutical/nutraceutical extracts.<br />

As reported by Leffingwell & Associates:<br />

Frutarom's revenues in FY 2010 totalled<br />

US$ 451.1 million, an 8% increase in<br />

comparison to revenues of US$ 425.2<br />

million in 2009 in local currency terms. The<br />

strengthening of the US dollar against<br />

European currencies offset 1.9% of the<br />

increase in Frutarom's sales. In terms of<br />

US dollars, the sales increased by 6.1%<br />

compared to 2009.<br />

9


Table 1. 2006-2010 Flavour & Fragrance Industry Leaders (estimated sales volume in millions (preliminary estimates as of March 26, 2011)<br />

Company 2006 2006 Est. 2006 2007 2007 Est. 2007 2008 2008 Est. 2008 2009 2009 Est. 2009 2010 2010 Est. 2010<br />

..<br />

Country<br />

Currency<br />

=US $<br />

<strong>Market</strong><br />

Share<br />

Country
<br />

Currency<br />

=US $<br />

<strong>Market</strong><br />

Share<br />

Country
<br />

Currency<br />

Note - Top 10 Total figures includes Quest <strong>International</strong> for Year 2006 and excludes sales of Frutarom for the same period, as 2007 was Frutarom's 1st year in the Top 10.<br />

*Note - As of March 26, 2011, the following sales figures are estimates based on partial year sales figures where available: Takasago (based on 6 month sales); Figures for Firmenich are the<br />

author's estimate based on historical performance. Until final figures are available for these companies, the top ten totals are only "estimated".<br />

=US $<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

<strong>Market</strong><br />

Share<br />

Country
<br />

Currency<br />

=US $<br />

<strong>Market</strong><br />

Share<br />

Country
<br />

Currency<br />

Givaudan 2,909 CHF $2,387.9 13.3% 4,132 CHF $3,647.0 18.4% 4,087 CHF $3,828.7 18.9% 3,959 CHF $3824.0 19.1% 4,239 CHF $4538.4 20.6%<br />

Firmenich 2,500 CHF $2,052.1 11.4% 2,847 CHF $2,512.8 12.7% 2,641 CHF $2474.1 12.2% 2,873 CHF $2775.0 13.9%<br />

~3,100<br />

CHF<br />

=US $<br />

<strong>Market</strong><br />

Share<br />

~$3318.9* 15.1%<br />

IFF $2,095.4 $2,095.4 11.6% $2,276.6 $2,276.6 11.5% $2,389 $2,389 11.8% $2326.2 $2326.2 11.6% $2622.9 $2622.9 11.9%<br />

Symrise 1,230.0 € $1,623.0 9.0% 1,274.5 € $1,860.8 9.3% 1,319.9 € $1837.4 9.1% 1362.0 € $1952.5 9.8% 1571.9 € ~$2106.6* 9.6%<br />

Takasago ¥113,876 $955.7 5.3% ¥124,231 $1,112.0 5.6% ¥123,973 $1365.6 6.7% ¥114,347 $1228.5 6.1% ~¥117,777 ~$1452.1* ~6.6%<br />

Mane SA 288 € $380.0 2.1% 307.31 € $448.7 2.3% 332.5 € $462.9 2.3% 376.2 € $539.3 2.7% 480.1 € $643.4 2.9%<br />

Sensient<br />

Flavours<br />

$535.4** $535.4** 3.0% ~$572** ~$572** 2.9% ~$591** ~$591** 2.9% ~$548.7** ~$548.7** 2.7% ~$82.6** ~$582.6** ~2.6%<br />

T. Hasegawa ¥47,000 $394.4 2.2% ¥50,066 $448.1 2.3% ¥45,421 $500.3 2.5% ¥43,244 $464.6 2.3% ¥45,167 $556.9 2.5%<br />

Robertet SA 221.13 € $291.8 1.6% 241.14 € $352.1 1.8% 303.17 € $422.0 2.1% 305.1 € $437.4 2.2% 362.25 € $484.5 2.2%<br />

Frutarom $287.2 $287.2 1.6% $368.3 $368.3 1.9% $473.3 $473.3 2.3% $425.2 $425.2 2.1% $451.1 $451.1 2.1%<br />

Top Ten<br />

Totals<br />

.. $11,867.6 65.9% .. $13,598.4 68.7% ... $14344.2 70.7% ~$14521.4 72.6% ~$16758.4 76.2%<br />

All Others .. $6,132.4 34.1% .. $6201.6 31.3% ... $5955.8 29.3% ~$5478.6 27.4% ~$5241.6 23.8%<br />

Total <strong>Market</strong> .. $18,000 .. .. $19,800 .. ... $20,300 .. $20,000 ~$22,000


Mainstream Industry Trends<br />

According to John Leffingwell, a Flavour<br />

chemist who started Leffingwell &<br />

Associates to act as an information source<br />

to the Flavour and fragrance industries, as<br />

well as to supply the industry with<br />

software, mainstream industry trends don‘t<br />

change too much—the top ten Flavour<br />

houses mainly sell the same materials,<br />

and the top essential oils remain the<br />

same. John Leffingwell said, ―Although the<br />

top Flavours are mainly the same, there<br />

has been a large trend toward natural<br />

Flavours in all markets. For example,<br />

when I first started in this industry in the<br />

1970‘s, about 70% of the favors were from<br />

synthetic supplies. Today, over 70% of the<br />

Flavours come from natural sources, such<br />

as essential oils, and this trend continues<br />

to increase.‖<br />

There have also have been fairly recent<br />

changes in processes that are significant<br />

in the Flavour and fragrance industry. The<br />

‗high throughput screening‘ that has been<br />

popular within the pharmaceutical industry<br />

is now found in the Flavour and fragrance<br />

industry.<br />

High Throughput Screening is a method<br />

for discovering new compounds and<br />

substances with desired activities and<br />

characteristics. In reference to the more<br />

well known pharmaceutical high<br />

throughput screening, for example, if a<br />

company was interested in a compound<br />

for lowering blood sugar, they would first<br />

find an in vitro assay that selected for<br />

blood sugar lowering compounds. Then<br />

the company would take entire libraries of<br />

known compounds and pass them through<br />

this screen. Those compounds that<br />

showed a positive result in the assay<br />

would then be taken to the next phase of<br />

research and selection. This method<br />

allows for the screening and potential<br />

unexpected results of compounds that<br />

researchers may not normally think of to<br />

bring into the research and development<br />

process.<br />

The way this process is applied in Flavour<br />

research, on the other hand, is that<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

desired taste receptors are cloned by<br />

researchers, and then libraries of<br />

compounds are screened. Leffingwell<br />

gave the example that in Givaudan‘s<br />

strategy report, they reported a program<br />

for screening for new cooling compounds<br />

that they completed using high throughput<br />

methods. They ended up screening<br />

28,000 materials against receptors which<br />

they were able to effectively reduce to 350<br />

materials that were tasted. 25<br />

compounds, were then selected for indepth<br />

application tests. Two final cooling<br />

agents stood out and have been<br />

commercialized.<br />

Another area identified by Leffingwell &<br />

Associates as being a top trend in the<br />

industry is bitter blockers. Recently, for<br />

example, in the US GRAS (Generally<br />

Recognized as Safe) notification list there<br />

have been several bitter blockers showing<br />

up on the list, showing company interest in<br />

development of these type of compounds<br />

for food use. Bitter blockers are mostly<br />

used for masking the bitter off-notes of<br />

certain sweeteners (both artificial and<br />

natural).<br />

Cooling agents also remain a top trend<br />

among the mainstream Flavour industry.<br />

For example, as menthol in large<br />

quantities becomes bitter in Flavour, when<br />

mixed with other cooling compounds, the<br />

menthol mixture becomes cooler without<br />

forming the bitter off-Flavours. For this<br />

reason there has been an effort by major<br />

Flavour houses to find other cool Flavours.<br />

Symrise and Takasago currently have the<br />

largest synthetic menthol manufacturing<br />

plants, and BASF has just announced it<br />

has developed a new process for<br />

producing synthetic menthol. On the other<br />

hand, whereas Brazil used to be one of<br />

the largest natural menthol producers in<br />

the world, currently India and China are<br />

the largest sources. Brazil now buys mint<br />

oils from these sources and processes<br />

them to crystallize and purify the menthol,<br />

which they offer at a value-added price.<br />

11


Supplying the Top Ten<br />

When it comes to supplying the larger<br />

Flavour and fragrance houses, Leffingwell<br />

& Associates emphasize that producers<br />

should meet certain GMP and quality<br />

specification standards, which can be<br />

found from the major essential industry<br />

associations. Also important is to see<br />

which substances are allowed in each<br />

market that is being targeted. For<br />

example, in the Flavour-Base 2010, the<br />

regulatory status of Flavour materials is<br />

given per market area. Although, the<br />

differences between countries & markets<br />

regarding what is allowed are growing<br />

smaller, there are still some significant<br />

differences in what is allowed and not<br />

allowed.<br />

The other very important aspect that was<br />

identified for supplying today‘s market is<br />

ensuring a sustainable supply. As this was<br />

not an emphasis for many years as the<br />

Flavour and fragrance industry developed,<br />

we now are experiencing shortage<br />

problems from overharvesting and<br />

demand that outpaces the sustainability of<br />

supply. This is evident with Indian<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

Sandalwood oil, Santalum album, which is<br />

now listed as a vulnerable species by the<br />

<strong>International</strong> Union for Conservation of<br />

Nature, as it is one of the world‘s most<br />

illegally logged plants.<br />

In 2007, Givaudan partnered with Mount<br />

Romance (now part of TFS Corporation), a<br />

producer of pure Australian sandalwood oil<br />

from Santalum spicatum. This partnership<br />

creates a sustainable supply of a specific<br />

grade of sandalwood oil that is harvested<br />

by people from the Aboriginal communities<br />

in the southern part of Western Australia.<br />

In addition, TFS has also planted over<br />

3,700 hectares of Indian Sandalwood in<br />

Western Australia and, when the trees<br />

reach maturity, they have plans to produce<br />

a sustainable supply sandalwood products<br />

for the market. They claim it will be the<br />

largest sustainable supply of Indian<br />

Sandalwood in the world. Currently, as it<br />

is one of the world‘s most valuable<br />

hardwoods, it is selling for over A$100,000<br />

per ton of heartwood (Tamil Nadu Forestry<br />

Department).


Suppliers of Equipment<br />

The distillation and extraction industry in Africa<br />

is relatively small and localised outside of the<br />

North African centers of Egypt and Morocco,<br />

and Southern Africa (South Africa, Swaziland).<br />

New entrants to the industry can find it hard to<br />

identify suppliers of equipment (stills,<br />

condensers, extractor vessels etc) in stainless<br />

steel, steam boilers, and other necessary<br />

materials (drums, jugs, filter papers etc).<br />

The development of the industry in Africa<br />

would benefit greatly if there was greater<br />

sharing of information on the location of<br />

suppliers. New entrants would find it easier to<br />

identify necessary suppliers, and the<br />

concentration of orders on particular suppliers<br />

would encourage the development of skills<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

Africa<br />

and expertise – this is particularly necessary in<br />

the areas of fabrication of stainless steel<br />

vessels and condensers.<br />

Some contacts of companies involved in the<br />

manufacture of distillation/extraction<br />

equipment or the capability to do so (primarily<br />

the capability to work with stainless steel) or<br />

supply of materials based in East Africa are<br />

given below.<br />

The <strong>News</strong>letter would welcome information<br />

from Readers on other suppliers of relevant<br />

equipment and materials from all regions of<br />

Africa, so that the listing can be expanded.<br />

Please send any information to<br />

mns@intracen.org.<br />

The contacts are provided as a service only. NO RECOMMENDATION IS IMPLIED.<br />

1. MANUFACTURE OF STAINLESS STEEL DISTILLATION EQUIPMENT:<br />

KENYA<br />

ASL – Heavy Fabrication Division<br />

Ramco Industrial Park<br />

Mombassa Road<br />

PO Box 18639-00500<br />

Nairobi. Kenya<br />

Tel: +254 20 821567/820296/820394<br />

Fax: +254 20 820169/651893<br />

murali@asl.ramco-group.com<br />

Attn: Mr Ve Balamurali, General Manager<br />

Warren Enterprises Ltd<br />

PO Box 8251<br />

Nairobi. Kenya<br />

Tel: +254 20 8561 932/3/4<br />

Fax: +254 20 8561 013<br />

Attn: Mr S Ramaswamy, Managing Director<br />

Morris Steel & Company<br />

Mogadishu Road<br />

PO Box 18310<br />

Nairobi. Kenya<br />

Tel: +254 20 533 627<br />

Attn: General Manager<br />

UGANDA<br />

Specialised Welding <strong>Service</strong>s (previously<br />

Kasise Kleinsmedie Uganda Ltd)<br />

Jinja Road, Plot 96<br />

PO Box 40115<br />

Nakawa Vocational Training Center<br />

Kampala<br />

Uganda<br />

Tel: +256 (776) 405060/405070/405080<br />

+256 (772) 227 003 (Samantha Moray)<br />

sam.moray@sws.co.ug<br />

Attn: Samantha Moray, General Manager<br />

www.sws.co.ug<br />

MADAGASCAR<br />

Societe Aris Trading<br />

Lot VB 81X Ambatoroka<br />

101-Antananarivo. Madagascar<br />

Tel: +261 20 24 264 96<br />

Fax: +261 20 22 290 24<br />

aristrading@freenet.mg<br />

Attn: Mr James Davidson<br />

ATICOM<br />

Lot IT 91A Itaosy<br />

102 Antananarivo – Atsimondrano.<br />

Madagascar<br />

13


Tel: +261 32 07 744 34<br />

morasatajosoa@yahoo.fr<br />

Attn: Josoa Andriamorasata<br />

SOUTH AFRICA<br />

EDESA<br />

PO Box 123<br />

Riebeek Kasteel 7306<br />

Western Cape. South Africa<br />

Tel: +27 (82) 334 3324<br />

info@edesa.co.za<br />

Attn: Werner Bester<br />

Manufacture of distillation equipment and<br />

sales of used equipment.<br />

BENCO PLANT & ENGINEERING (PTY) Ltd<br />

159 Van Eeden Crescent, Rosslyn, Karin Park<br />

P O Box 59. Pretoria, Gauteng. South Africa<br />

Tel: +27 (12) 541-0398<br />

Fax: +27 (12) 541-0399<br />

Attn: Sloam Durbach<br />

Manufacturer of distillation equipment and<br />

steam boilers<br />

POWERSAVE<br />

PO Box 699<br />

Hilton 3245. South Africa<br />

Tel (cell): +27 82 493 8670<br />

Fax: +27 33 34 33 755<br />

Attn: Greg Rowe<br />

gregrowe@telcomsa.net<br />

Manufacture of steam distillation plants<br />

Henry S Komar & Associates CC<br />

2 Hebel Road, Roodepoort, Gauteng, South<br />

Africa<br />

Postal address: PO Box 994, Honeydew 2040,<br />

South Africa<br />

Tel: +27 11 760 2718<br />

Fax: +27 11 760 1079<br />

Attn: Stan Kumar, CEO<br />

info@komar.co.za; sales@komar.co.za<br />

www.komar.co.za<br />

Manufacture of stainless steel distillation and<br />

processing equipment. Also sales of<br />

secondhand equipment.<br />

2. SUPPLIERS OF STEAM BOILERS<br />

MADAGASCAR<br />

ARTICOM<br />

Lot IT 91A Itaosy<br />

102 Antananarivo – Atsimondrano.<br />

Madagascar<br />

Tel: +261 32 07 744 34<br />

morasatajosoa@yahoo.fr<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

Attn: Josoa Andriamorasata<br />

ARTICOM make a simple, low pressure, wood<br />

fired steam boiler.<br />

KENYA<br />

Boiler Consortium Africa (BCA) Ltd<br />

PO Box 60780. Nairobi. Kenya<br />

Tel: +254 20 557837/ 536793/ 4349310<br />

Tel: +254 722 750131/ 703511/<br />

Fax: +254 20 735 331177<br />

Barry Corlines<br />

info@boilersafrica.com<br />

www.boilersafrica.com<br />

BCA design, manufacture and commission<br />

boilers, included wood fired steam boilers, and<br />

are agents for Riello in East Africa.<br />

SOUTH AFRICA<br />

Combustion Technology South Africa<br />

PO Box 30047. Tokai, 7966 Cape Town,<br />

South Africa<br />

Tel: +27 21 715 3171<br />

Fax: +27 21 715 6297<br />

www.combustiontechnology.co.za<br />

Combustion Technology are the exclusive<br />

Southern African distributors of Riello burners<br />

and Garioni Naval Boilers.<br />

BENCO PLANT & ENGINEERING (PTY) Ltd<br />

159 Van Eeden Crescent, Rosslyn, Karin Park<br />

P O Box 59. Pretoria, Gauteng. South Africa<br />

Tel: +27 (12) 541-0398<br />

Fax: +27 (12) 541-0399<br />

Attn: Sloam Durbach<br />

Manufacturer of distillation equipment and<br />

steam boilers<br />

CAPE BOILER<br />

16 Natal Street, Parden Island, Cape Town,<br />

South Africa<br />

Tel: +27 21 511 6652<br />

Fax: +27 511 4415<br />

Attn: Mr Nic Kellerman<br />

INDIA<br />

Firetech Boilers Pvt Ltd<br />

FIRETECH HOUSE, No.211, 2nd Cross, 38th<br />

Main,<br />

B.T.M Layout, 2nd Stage, Bangalore 560<br />

068. India<br />

Tel: +91-80-6683686; Fax: +91-80-6683921<br />

Email: firetech@vsnl.net


Manufacture of wood fired steam boilers.<br />

Indian manufacturer, but has supplied boilers<br />

to Africa.<br />

3. SUPPLIERS OF MATERIALS AND<br />

EQUIPMENT<br />

(a) Forklift trucks/pallet trucks<br />

Forktruck Solutions<br />

16 Kiewiet Close, Okavango Park, Brackenfel<br />

7560, Cape Town. South Africa<br />

Postal address: PO Box 3221, Durbanville<br />

7551. South Africa<br />

Tel: +27 21 982 1142 and +27 21 981 2649;<br />

Cell: +27 83 2848 557<br />

Fax: +27 21 982 1141<br />

Attn: Dirk van der Westhuizen<br />

dirk@forktrucksolutions.co.za<br />

www.forktrucksolutions.co.za<br />

Sales and rental of new and used forklift<br />

trucks. Also pallet jacks/stackers and range of<br />

other warehouse equipment.<br />

(b) Hoists and lifting equipment<br />

Blue Cranes,<br />

Crane House, 10 Mansell Road, Killarney<br />

Gardens, Minerton, Cape Town, South Africa<br />

Postal address: PO Box 702, Melkbosstrand<br />

7437. South Africa<br />

Tel: +27 21 556 0498/9<br />

Fax: +27 21 556 0486<br />

Attn: Mr Kobus Steyn<br />

joseph@bluecranes.co.za<br />

www.bluecranes.co.za<br />

Manufactures full range of hoists, beam girder<br />

cranes and lifting equipment. Sole supplier of<br />

Liftket electric chain hoists and wire rope hoist<br />

units. Repairs and spare parts supply service.<br />

Supply of associated slings, chains, blocks<br />

etc.<br />

(c) Essential oil drums:<br />

Greif supply a range of steel and coated<br />

drums, and are present in 45 countries around<br />

the world.<br />

Greif Kenya Ltd<br />

Box9036 - Unga Street<br />

Shimanzi – Mombasa. Kenya<br />

Tel: +254 41 2495591<br />

Fax: +254 41 2494038<br />

pascal.wanyonyi@greif.co.ke<br />

Attn: Pascal Wanyonyi<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

Greif Nigeria Ltd<br />

Apapa, Nigeria<br />

Phone +234 (01) 587 0866<br />

Fax +234 (01) 587 3084<br />

vanleer@linkserve.com.ng<br />

Attn: Olukunle Obadina,<br />

Greif South Africa Ltd<br />

Vanderbijlpark, South Africa<br />

Phone +27 (0) 16 930 1100<br />

Fax +27 (0) 16 930 1106<br />

carl.williams@grief.com<br />

Attn: Carl Williams<br />

Website: www.greif.co.za<br />

Greif Mozambique<br />

Maputo. Mozambique<br />

Phone +258 21 720153<br />

Fax +258 21 720724<br />

vanleer@vironn.com<br />

Greif Egypt<br />

Cairo, Egypt<br />

Phone +20 2588 1110<br />

Fax +20 2593 3889<br />

E-mail: koracons@link.com.eg<br />

Attn: Ayman Korra<br />

Greif Algeria<br />

Arzew, Algeria<br />

Phone + 213 41473723 / + 213 41473724<br />

Fax + 213 41473730<br />

Mohamed.Gherbi@Greif.com<br />

Attn: Mohamed Gherbi<br />

15


Price Information<br />

Price indications collected from the markets<br />

within the US are given for a range of<br />

essential oils, below. Prices are FOB from<br />

country of origin, and quoted in US Dollars,<br />

unless otherwise indicated, and if there are<br />

volume indications they are quoted in<br />

Essential oils<br />

Spice oils<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

US <strong>Market</strong>s<br />

parentheses. These price quotes were taken<br />

mostly from medium-small sized importers, or<br />

small producers. As this news service<br />

develops, a broader sampling for pricing will<br />

be conducted, as well as for a larger number<br />

of products.<br />

Spice Variety Prices /kg<br />

Black Pepper India $ 126 CFR (400 kg)<br />

Cardamom Guatemala $ 425 CFR AIR (50 Kg)<br />

Cardamom Guatemala $ 525<br />

Cinnamon Bark Madagascar $ 175 (10-19 kg)<br />

Cinnamon Bark Madagascar $ 165 (20-29 kg)<br />

Cinnamon Bark Madagascar $ 155 (30-39 kg)<br />

Cinnamon Bark Madagascar $ 150 (40-49 kg)<br />

Cinnamon Bark Madagascar $ 140 (50 kg and more)<br />

Cinnamon Bark Madagascar $ 280 (25 liter min)<br />

Cinnamon Bark 75% Sri Lanka $ 275 (200 Kg)<br />

Cinnamon Leaf Sri Lanka $ 21 (10 Drums)<br />

Clove bud Madagascar $ 71 (25 liter min)<br />

Clove bud Indonesia $ 33 CIF (5 Tons)<br />

Garlic China $ 68 (CIF; 1 Ton)<br />

Ginger China $ 66 CIF (1 Ton)<br />

Ginger, fresh Madagascar $ 286 (25 liter min.)<br />

Nutmeg (10% myristicin) Indonesia $ 76 CFR (1 Ton)<br />

Star Anise China $ 23 CIF (1 FCL)<br />

Herb oils<br />

Spice Variety Prices per kg<br />

Wild Chamomile Morocco $ 750 CFR (100 Kg)<br />

Basil Egypt $ 70 CFR AIR (200 Kg)<br />

Citronella China $ 20 CIF (1 FCL)<br />

Cumin Egypt $ 150 CIF (1 Ton)<br />

Cumin seed India $ 70 (200 Kg)<br />

Marjoram Egypt $ 110 CIF (1 Ton)<br />

Peppermint 50% China $ 18 CIF (40 Drums)<br />

Wintergreen, natural China $ 23 CFR (600 Kg)


Citrus Oils<br />

Spice Variety Prices per kg<br />

Grapefruit, white (white .37% America $ 28 (6 Tons; EX STORE<br />

nootkatone)<br />

CA)<br />

Lemon America $ 32 (1 FCL; EX STORE PA)<br />

Petitgrain Paraguay $ 34 CFR (1-2 Tons)<br />

Lime, Tahiti C.P. Brazil $ 38 (12 Drums)<br />

Perfumery Oils<br />

Spice Variety Prices /kg<br />

Ajowan India $ 26 CFR (1 Ton)<br />

Cypress Morocco $ 43 CFR (500 kg)<br />

Davana 45% Davanone India $ 302 CFR AIR (200 kg)<br />

Eucalyptus 80% China $ 14 CIF (1 FCL)<br />

Eucalyptus 99.5% China $ 19 CIF (1 FCL)<br />

Geranium Egypt $ 409-445 CFR<br />

Geranium China $ 275 CIF (500 kg)<br />

Geranium Madagascar $ 188 (25 liter min)<br />

Geranium Madagascar $ 160 (10-19 kg)<br />

Geranium Madagascar $ 156 (20-29 kg)<br />

Geranium Madagascar $ 150 (30-39 kg)<br />

Geranium Madagascar $ 145 (40-49 kg)<br />

Geranium Madagascar $ 142 (50 kg and more)<br />

Helichryse (Helichrysum Madagascar $ 82 (10-19 kg)<br />

gymnocephalum)<br />

Helichryse (Helichrysum Madagascar $ 77 (20-29 kg)<br />

gymnocephalum)<br />

Helichryse (Helichrysum Madagascar $ 72 (30-39 kg)<br />

gymnocephalum)<br />

Iary (Psiadia altissima) Madagascar $ 72 (10-19 kg)<br />

Iary (Psiadia altissima) Madagascar $ 67 (20-29 kg)<br />

Iary (Psiadia altissima) Madagascar $ 62 (30-39 kg)<br />

Litsea cubeba (67.5%) China $ 22 CIF (1 FCL)<br />

Lemongrass India $ 18-19 CFT (3-4 tons)<br />

Mastic Morocco $ 450 CFR (100 kg)<br />

Neroli Tunisia $ 800 CFR (10 kg)<br />

Niaouli Madagascar $ 36 (less than 10 kg)<br />

Niaouli Madagascar $ 30 (10-19 kg)<br />

Niaouli Madagascar $ 26 (20-29 kg)<br />

Niaouli Madagascar $ 26 (30-39 kg)<br />

Niaouli Madagascar $ 26 (40-49 kg)<br />

Niaouli Madagascar $ 21 (50-99 kg)<br />

Niaouli Madagascar $ 18 (100kg and more)<br />

Nagarmotha India $ 191 CFR AIR (50 kg)<br />

Palmarosa India $ 68 CFR (2 Drums)<br />

Ravensara aromatica Madagascar $ 85 (10-19 kg)<br />

Ravensara aromatica Madagascar $ 77 (20-29 kg)<br />

Ravensara aromatica Madagascar $ 73 (30-39 kg)<br />

Ravensara aromatica Madagascar $ 70 (40-49 kg)<br />

Ravensara aromatica Madagascar $ 65 (50-99 kg)<br />

Ravensara aromatica Madagascar $ 60 (100kg and more)<br />

Ravintsara<br />

camphora)<br />

(Cinnamomum Madagascar $ 145 (10-19 kg)<br />

Ravintsara (Cinnamomum Madagascar $ 140 (20-29 kg)<br />

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17


camphora)<br />

Ravintsara (Cinnamomum<br />

camphora)<br />

Ravintsara (Cinnamomum<br />

camphora)<br />

Ravintsara (Cinnamomum<br />

camphora)<br />

Madagascar $ 136 (30-39 kg)<br />

Madagascar $ 133 (40-49 kg)<br />

Madagascar $ 130 (50 kg and more)<br />

Rose Bulgarian $ 4,800 CIF (10 kg)<br />

Rue Morocco $ 140 CFR (200 Kg)<br />

Sandalwood India $ 2,125 FOB NJ (50 kg)<br />

Saro (Cinnamosma fragrans) Madagascar $ 98 (10-19 kg)<br />

Saro (Cinnamosma fragrans) Madagascar $ 91 (20-29 kg)<br />

Saro (Cinnamosma fragrans) Madagascar $ 88 (30-39 kg)<br />

Saro (Cinnamosma fragrans) Madagascar $ 85 (40-49 kg)<br />

Saro (Cinnamosma fragrans) Madagascar $ 81 (50-99 kg)<br />

Saro (Cinnamosma fragrans) Madagascar $ 81 (100kg and more)<br />

Ylang grade 1 Madagascar $ 150 (10-19 kg)<br />

Ylang grade 1 Madagascar $ 142 (20-29 kg)<br />

Ylang grade 1 Madagascar $ 138 (30-39 kg)<br />

Ylang grade 1 Madagascar $ 134 (40-49 kg)<br />

Ylang grade 1 Madagascar $ 127 (50 kg and more)<br />

Ylang grade 2 Madagascar $ 106 (10-19 kg)<br />

Ylang grade 2 Madagascar $ 124 (20-29 kg)<br />

Ylang grade 2 Madagascar $ 117 (30-39 kg)<br />

Ylang grade 2 Madagascar $ 113 (40-49 kg)<br />

Ylang grade 2 Madagascar $ 107 (50-99 kg)<br />

Ylang grade 2 Madagascar $ 101 (100kg and more)<br />

Ylang grade 3 Madagascar $ 103 (10-19 kg)<br />

Ylang grade 3 Madagascar $ 96 (20-29 kg)<br />

Ylang grade 3 Madagascar $ 91 (30-39 kg)<br />

Ylang grade 3 Madagascar $ 87 (40-49 kg)<br />

Ylang grade 3 Madagascar $ 85 (50-99 kg)<br />

Ylang grade 3 Madagascar $ 83 (100kg and more)<br />

Ylang complete Madagascar $ 133 (10-19 kg)<br />

Ylang complete Madagascar $ 117 (20-29 kg)<br />

Ylang complete Madagascar $ 117 (30-39 kg)<br />

Ylang complete Madagascar $ 113 (40-49 kg)<br />

Ylang complete Madagascar $ 110 (50-99 kg)<br />

Ylang complete Madagascar $ 105 (100kg and more)<br />

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Price Information<br />

PLEASE REMEMBER THAT THESE ARE<br />

ONLY PRICE INDICATIONS.Price indications<br />

collected from the markets within the EU are<br />

given for a range of essential oils, below. The<br />

oils are grouped for convenience only into<br />

Spice Oils<br />

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Essential Oil and Oleoresins<br />

EU <strong>Market</strong>s<br />

Spice Oils, Seed Oils, Citrus Oils, Herb Oils<br />

and Perfumery Oils. Prices are wholesale for<br />

quantities of 25kg or more unless otherwise<br />

stated. Prices were collected over weeks 48 to<br />

52.<br />

Product Origin/Grade Prices per KG<br />

Clove bud Indonesian €20-25/kg, 1-5 ton lots<br />

Indian €35-44/kg<br />

Madagascan €60-65/kg 1kg lots<br />

Clove stem Indonesian €8-10/kg, 2-5 ton lots<br />

India €25-30/kg<br />

Clove leaf Indonesian €17/kg, 2-5 ton lots<br />

Indonesian n/a container cif<br />

Madagascar €17/kg spot<br />

India €15-20/kg 1 kg lots<br />

Cinnamon bark Sri Lankan 60/65% €155-230/kg<br />

Cinnamon leaf Sri Lankan €45-50/kg 1kg lots<br />

India €18-20/kg; €30-40/kg 1 kg<br />

lots<br />

Cassia bark China €20-25/kg<br />

Black pepper Sri Lankan €150-200/kg 1 kg lots<br />

Indian €130-135/kg<br />

Nutmeg Indonesian €60-65/kg spot<br />

Indonesian €100-140/kg 1 kg lots<br />

Sri Lanka €100/kg<br />

Ginger Chinese €40-50/kg ton lots<br />

Indian €100-150/kg<br />

Sri Lankan €130-150/kg<br />

Pimento leaf Jamaican €70-90/kg ton lots<br />

Pimento berry Jamaican €150-160/kg 1 kg lots<br />

Cardamom Guatemala €300-310/kg spot<br />

Spice Seed Oils<br />

Product Origin/Grade Prices per KG<br />

Aniseed China €17-20/kg; €60/kg 1 kg lots<br />

Egypt €90/kg 1 kg lots<br />

Star Anise India €36/kg<br />

Coriander seed Russian €55-65/kg; €120 1 kg lots<br />

Cumin seed Iran & Egypt €70-100/kg<br />

Egypt €110/kg, 1kg lots<br />

19


Citrus Oils<br />

Product Origin/Grade Prices per KG<br />

Orange (sweet) Brazilian pera €6-7/kg<br />

Brazil/Portugal/Spain €15-17/kg, 1 kg lots<br />

Italy €9/kg 1 kg lots<br />

Orange (bitter) Italian €50-60/kg<br />

Bergamot oil Ivory Coast/Italy €70-100/kg<br />

Lemon Argentine, Spain €22-25/kg<br />

Italian €40-50/kg, 1 kg lots<br />

Lime (distilled) Mexican €20-25/kg<br />

Mexico/Peru €40-50/kg 1 kg lots<br />

Mandarin (red) Italy €60-70/kg 1 kg lots<br />

Grapefruit Israel €40-50/kg<br />

Herb Oils<br />

Product Origin/Grade Prices per KG<br />

Basil India €60-70/kg 1kg lots<br />

France €120-130/kg 1 kg lots<br />

Italy €40-50/kg 1 kg lots<br />

Lavender Bulgaria/France €50-70/kg<br />

French (high altitude) €80-140/kg, 1 kg lots<br />

Lavendin French Grosso €35-45/kg 1kg lots<br />

Spike Lavender Spain €40-50/kg 1 kg lots<br />

Mints Indian piperita €20/kg<br />

China piperita €22/kg 1 kg lots<br />

China piperita €13-14/kg container<br />

Indian dementholised<br />

€7/kg<br />

peppermint oil<br />

USA Peppermint €35-55/kg 1kg lots<br />

Chinese Spearmint 60% €18-22/kg<br />

Chinese Spearmint 80% €24-25/kg<br />

Indian Spearmint, 58-60% L- €18-22/kg<br />

carvone<br />

Menthol Chinese €15-18/kg<br />

Indian, bold crystals €16-17/kg<br />

Chamomile (German) Egypt €450-600/kg<br />

Morocco (wild) €350-360/kg 1kg lots<br />

Chamomile (Roman) Hungary €900-1,100/kg 1kg lots<br />

Somalia/France €450-500/kg<br />

Sage Spain €80-100/kg 1 kg lots<br />

Rosemary Portugal/Spain/Tunisia €45-50 1 kg lots<br />

Marjoram Egypt €150-160/kg 1 kg lots<br />

Thyme Spain €60-70/kg 1 kg lots<br />

Perfumery Oils<br />

Product Origin/Grade Prices per KG<br />

Eucalyptus globulus & other<br />

high cineole types<br />

China €12/kg container lots<br />

Australian €15/kg<br />

China €20-30/kg 1kg lots<br />

Eucalyptus citriadora Brazilian €7-9/kg<br />

China €20-26/kg 1kg lots<br />

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Litsea cubeba China €14-18/kg<br />

China €40-48/kg 1kg lots<br />

Ylang ylang Comores: Extra S €250-280/kg<br />

Comores: Troisième €100-120/kg<br />

Ylang (cananga) Indonesia €60-65/kg<br />

Patchouli Indonesia €50-60/kg; €140-170 1 kg<br />

lots<br />

Geranium China €210/kg<br />

China, Egypt €300-350/kg 1 kg lots<br />

Egypt €230/kg drum<br />

Rose Geranium Madagascar €250-350/kg 1kg lots<br />

Sandalwood Fiji/E. Indies €1,100-1,500/kg<br />

Australian €750-900/kg<br />

Sandalwood african €650-700/kg<br />

Cedarwood USA €35-40/kg 1kg lots; €8/kg<br />

container<br />

Frankincense Somalia/France €230-250/kg, 1kg lots<br />

Citronella Chinese €14/kg; €22/kg 1 kg lots<br />

Indonesian €14/kg<br />

Sri Lanka (Ceylon type) €25-30/kg 1 kg lots; €18-<br />

22/kg spot<br />

Lemongrass Indian €12-14/kg; €30-40/kg 1kg<br />

lots<br />

Guatemala €20-25/kg; 5 kg lots<br />

China/India/Guatemala €25-40/kg 1 kg lots<br />

Palmarosa Indian €50-60/kg 1 kg lots<br />

Vetiver Indonesian €110-120/kg<br />

China €60-70/kg<br />

Indonesia/China €140-150/kg 1 kg lots<br />

Tea Tree Australia €35/kg; €55-70/kg 1kg lots<br />

Fennel Italy/Hungary €55-65/kg 1 kg lots<br />

Juniperberry Croatia €140-150/kg 1 kg lots<br />

Myrrh Somalia/Ethiopia €300/kg 1 kg lots<br />

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21


<strong>News</strong> & Updates<br />

Cinnamon active label extends peach shelf life,<br />

maintains sensory qualities<br />

A new active packaging system containing<br />

essential oils has been found to<br />

significantly extend the shelf life and<br />

preserve the quality of one variety of<br />

peach, according to research. The system,<br />

consisting of a label infused with cinnamon<br />

essential oils, was attached to plastic<br />

packaging and used to lengthen the shelf<br />

life of late maturing ‗Calanda‘ peaches,<br />

said Spanish scientists. The tag was<br />

placed inside a macro-perforated PET<br />

tray, which included 20 macroperforations.<br />

Shelf life and quality<br />

The study by Christina Nerin concluded<br />

that use of the cinnamon active packaging<br />

slashed the amount of fruit spoiled after<br />

being stored for almost two weeks.<br />

―After 12 days of storage at room<br />

temperature, the percentage of infected<br />

fruit in the active label packaging was 13<br />

per cent versus 86 per cent in the nonactive<br />

packaging‖, said the group from the<br />

University of Zaragoza. The fruit normally<br />

has a shelf life of 3-5 days at room<br />

temperature.<br />

The paper, published in the journal<br />

Postharvest Biology and Technology said<br />

use of the packaging cut weight loss in the<br />

fruit and helped it maintain firmness.<br />

The technology also reduced the<br />

production of enzymes leading to oxidation<br />

in the fruit over the course of the storage<br />

period. The scientists said they reached<br />

this conclusion after examining the<br />

influence of the active packaging on the in<br />

vivo activity of lipoxygenase (LOX),<br />

polyphenol oxidase (PPO), peroxidase<br />

(POD), superoxide dismutase (SOD),<br />

catalase (CAT), and of malondialdehyde<br />

(MDA) content as an indicator of lipid<br />

oxidation.<br />

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Essential Oil and Oleoresins<br />

It added that in carrying out sensory<br />

analysis, ―most positive descriptors were<br />

not significantly different from the optimum<br />

quality level (day 0) for peaches stored in<br />

the active package after 12 days at room<br />

temperature‖.<br />

The researchers said it has been more<br />

usual to incorporate the active packaging<br />

agent directly into the plastic polymers -<br />

while use of active labels is less common.<br />

―Labels are very versatile and also easily<br />

adapted to an industrial scale and can be<br />

added just before packaging the food,<br />

thereby maximizing their functionality,‖<br />

said Nerin.<br />

Conclusions<br />

She concluded that the self-adhesive<br />

active label developed by the team placed<br />

inside the packaging offered an ―efficient<br />

option‖ for extending shelf life of the fruit at<br />

room temperature.<br />

Nerin added: ―This type of active<br />

packaging is more efficient than the use of<br />

an active macro-perforated tray of PET,<br />

probably due to the higher concentration<br />

of active compounds released by the<br />

packaging.‖<br />

The system also demonstrated an<br />

improvement in physico-chemical<br />

properties such as weight loss and<br />

firmness.<br />

The cinnamon essential oil also inhibited<br />

the activity of lipoxygenase. The use of the<br />

active packaging ―somehow influences the<br />

activity of some selected enzymes‖, said<br />

the research.<br />

The global sensory qualities of the fruit<br />

were also enhanced so that after 12 days<br />

of storage at room temperature they were<br />

―similar to that at the optimum quality<br />

level‖.<br />

The panel of 11 assessors detected no<br />

cinnamon or off-flavours.<br />

Source: Active label-based packaging to extend the shelf-life of “Calanda” peach fruit:<br />

Changes in fruit quality and enzymatic activity by Pablo Montero-Pradoa, Angel<br />

Rodriguez-Lafuente and Cristina Nerin; published in Postharcest Biology and<br />

Technology ; doi:10.1016/j.postharvbio.2011.01.008


Global industry looks at India as a future hub for<br />

Fragrances and Flavours<br />

Fragrances and Flavours Association of<br />

India (FAFAI) is the national apex body of<br />

the players in the Fragrances & Flavours<br />

segment. The body was formed in 1949 by<br />

a few traders from the segment, with the<br />

key objective to promote the sector.<br />

Today, with 800 members, the body, apart<br />

from manufacturers and dealers from the<br />

Fragrances & Flavours industry, includes<br />

those that are from Aroma Chemicals,<br />

Natural Essential Oils as well as allied<br />

fields. The association regularly conducts<br />

biennial seminars across India, on various<br />

topics that are relevant to the Fragrances<br />

& Flavours and allied industries. The 20th<br />

FAFAI seminar was held in Bangalore<br />

between January 28 and 30, 2011. The<br />

theme of the event was India – The Future<br />

of F&F Industry.<br />

According to Frost & Sullivan India,<br />

globally, the Fragrances & Flavours<br />

segment is estimated to be $17.8 billion<br />

industry of which the top five players<br />

account for 40 per cent of the market. The<br />

five largest companies in the industry are<br />

Givaudan, <strong>International</strong> Flavours &<br />

Fragrances (IFF), Firmenich, Symrise and<br />

Quest <strong>International</strong>. Japanese firm,<br />

Takasago, the sixth largest player, has<br />

revenues close to that of Quest<br />

<strong>International</strong>.<br />

The Indian Fragrances and Flavours<br />

industry has been growing rapidly<br />

following liberalisation. The global<br />

economic slowdown did not have any<br />

impact on the industry; instead, it clocked<br />

a growth rate of 12 -15 per cent. With<br />

globalisation, there have been<br />

improvements in technology, competition<br />

and brand images. The global industry is<br />

looking at India as a future hub for<br />

fragrances and flavours, stated Rohit<br />

Seth, Joint Secretary, FAFAI, in an<br />

interaction over email. Excerpts:<br />

How would you describe the current<br />

food fragrances and flavours industry<br />

scene in India?<br />

The market for the food fragrances and<br />

flavours related products is showing strong<br />

growth. The Indian strength lies in the fact<br />

that the products are available at<br />

competitive prices.<br />

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What are India’s capabilities in this<br />

space? Which are the important<br />

flavours and fragrances that are<br />

distinct to India?<br />

India's capability in this space pertains to<br />

sandal, jasmine and herbal-related<br />

fragrances. For flavours, it is about spicebased<br />

products since India dominates in<br />

production of spices.<br />

What is the total size of this sector and<br />

its growth rate?<br />

The total size of the industry including<br />

menthol, sandalwood oil and other<br />

essential oils is around Rs. 9,000 crore<br />

and the estimated growth rate is<br />

approximately 12 per cent. The key<br />

applications of flavours in the food<br />

processing sector include confectionaries,<br />

dairy, bakery and snacks among others.<br />

Globally what is India’s stand in the<br />

food fragrances and flavours space?<br />

India is a market, which the world is<br />

eyeing, so we expect that India is going to<br />

place itself at a very commanding position<br />

in near future.<br />

Would the country become a hub for<br />

contract manufacture of food<br />

fragrances and flavours?<br />

India has a good potential to become a<br />

hub for manufacturing, especially, for raw<br />

materials used by the industry.<br />

What according to you are the visible<br />

trends in this industry?<br />

Strong growth is visible for the industry in<br />

coming years, going by India‘s inherent<br />

strength in the space of spices and<br />

development of fragrances.<br />

Conventionally, flavours and fragrances<br />

are mainly customised in raw materials,<br />

which lead to higher pricing of endproducts.<br />

The industry is also extremely fragmented<br />

and is expected to consolidate in the<br />

coming years.<br />

23


What are the key challenges faced by<br />

the companies in the space?<br />

Global competition is the major challenge.<br />

Most of the MNCs (multi-national<br />

companies) have advanced R&D facilities,<br />

which India is now upgrading. The issue of<br />

high pricing is affecting the growth of the<br />

sector. The rise in oil prices also impacts<br />

the costing of these fragrances and<br />

flavours. With stringent safety norms<br />

issued by the Flavour and Extract<br />

Manufacturers‘ Association (FEMA) and<br />

<strong>International</strong> Fragrance Association<br />

(IFRA), the use of several chemicals in the<br />

production and creation of flavours and<br />

fragrances is constricted.<br />

What are the efforts of the association<br />

in controlling spurious products? How<br />

do you, as the president of the<br />

association, view the growth prospects<br />

of the sector?<br />

Source: Food & Beverage <strong>News</strong><br />

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Essential Oil and Oleoresins<br />

Our association is a platform to facilitate<br />

business for members and we will make all<br />

efforts to ensure good production<br />

practices. For the future, we expect strong<br />

growth of about 12 per cent annually.<br />

Why did you decide to organise the<br />

event in Bangalore and how successful<br />

was it? Where is the next event going<br />

to be held?<br />

articipation by more than 950 delegates<br />

indicates the interest shown by the<br />

members in the event. We<br />

selected Bangalore as it was a hub for<br />

aggarbatti- and dhoop-manufacturing and<br />

the intent was to highlight this industry. We<br />

are yet to confirm the venue and date for<br />

the next event.<br />

Study notes HPP effectiveness in reducing Listeria<br />

risk in yoghurt<br />

High pressure-processing combined with<br />

mint essential oil could be a promising<br />

technique for reducing Listeria risk in<br />

yoghurt-based drinks with no significant<br />

impacts to their quality attributes, claims<br />

new research.<br />

The researchers, based at Ohio State<br />

University in the US and Abant Izzet<br />

Baysal University in Turkey published their<br />

findings in the journal Food Control.<br />

The authors concluded that the addition of<br />

plant essential oil reduces HPP process<br />

severity and lowers costs while remaining<br />

effective in terms of inactivating L.<br />

monocytogenes and L. innocua in aryan –<br />

a product popular in Turkey consisting of<br />

yoghurt, water and salt (added at a<br />

maximum level of 1g 100 g-1 to impart<br />

flavour).<br />

Multiple listeriosis outbreaks have been<br />

linked to contaminated cheese and other<br />

dairy products, note the authors, and they<br />

stress that there is no reported research in<br />

the literature investigating the survival of L.<br />

monocytogenes in yogurt-based drinks<br />

using pressure treatments.<br />

Non-thermal food preservation<br />

technologies, high pressure processing<br />

(HPP) in particular, have drawn<br />

considerable attention among scientists<br />

and the food industry due to the fact that<br />

they allow minimal food processing and<br />

fewer preservatives.<br />

Despite the high costs involved, HPP is<br />

being used commercially in the both the<br />

EU and the US, and has been increasingly<br />

and successfully applied to various foods<br />

such as dairy, meat, seafood, poultry<br />

products, vegetables and vegetable<br />

products, fruit products as well as acidified<br />

products.<br />

Method<br />

The authors said they aimed to evaluate<br />

efficacy of pressure treatment both alone<br />

and in combination with mint essential oil<br />

on inactivation of L. monocytogenes and<br />

L. innocua inoculated in ayran samples,<br />

using a control for reference purposes.<br />

Colour, pH, water activity, and serum<br />

protein separation were also measured,<br />

said the scientists, adding that both<br />

Weibull distribution and log-logistic models<br />

informed the methodology.<br />

Ayran samples were inoculated with either<br />

L. monocytogenes or L. innocua cultures<br />

at the level of ca. 105-106 CFU mL-1. The<br />

inoculated samples (100 mL) were<br />

aseptically


packaged into sterile pouches. After the<br />

removal of air bubbles, the pouches were<br />

heat sealed. The sample pouches were<br />

then placed in a high barrier film bag and<br />

heat-sealed.<br />

The sample pouches, said the team, were<br />

subsequently placed inside a larger high<br />

barrier film bag and vacuum packed at -97<br />

kPa.<br />

An additional set of experiments was also<br />

carried out to evaluate efficacy of<br />

combining mint essential oils and pressure<br />

treatment. The mint essential oil was<br />

added at the concentrations of 0.05 and<br />

0.1 mL 100 mL-1 to the inoculated ayran<br />

samples. These samples were also<br />

vacuum packaged and subsequently<br />

pressure treated, added the team.<br />

Results<br />

HPP of ayran samples at 600 MPa for<br />

treatment time of 300 s reduced L.<br />

monocytogenes and L. innocua by more<br />

than 5-log units at ambient temperature,<br />

found the researchers.<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

The scientists reported that the addition of<br />

mint essential oil further enhanced<br />

inactivation of both bacteria by more than<br />

1 log cfu 34 mL-1. Combination of mint<br />

essential oil with HPP provided a reduction<br />

in pressure treatment severity by 100-300<br />

MPa or by 210 s to achieve the same<br />

amount of inactivation relative to HPP<br />

alone.<br />

And pressure treatment alone or HPP<br />

combined with mint essential oil, they<br />

noted, did not cause significant changes in<br />

pH, water activity, colour and serum<br />

protein separation, they added.<br />

The authors urge further research to<br />

determine the impacts of HPP combined<br />

with different plant essential oils on the<br />

inactivation of spoilage as well as<br />

pathogenic microorganisms inoculated into<br />

different foods taking into account the<br />

impact on physicochemical and sensory<br />

properties.<br />

Source: Food Control<br />

Published online ahead of print: 10.1016/j.foodcont.2011.03.005<br />

Title: Inactivation of Listeria monocytogenes and Listeria innocua in Yogurt Drink<br />

Applying Combination of High Pressure Processing and Mint Essential Oils<br />

Authors: G Evrendilek, V. M. Balasubramaniamb<br />

Using wastewater to enhance mint production<br />

When essential oils are extracted from<br />

plants through the process of steam<br />

distillation, wastewater is produced and<br />

subsequently released into rivers and<br />

streams. Finding new uses for these<br />

unused by-products could benefit essential<br />

oil crop growers and processors as well as<br />

the environment. A team of researchers<br />

has found that the residual distillation<br />

water of some aromatic plant species has<br />

a beneficial effect on yields and can<br />

increase essential oil content of<br />

peppermint and spearmint crops.<br />

Peppermint and spearmint are<br />

commercially produced for their essential<br />

oils, dry leaves used in herbal teas, and as<br />

fresh culinary herbs. Essential oils from<br />

both mints are widely used in the<br />

production of chewing gum, toothpaste,<br />

mouthwashes, confectionaries,<br />

pharmaceuticals, and aromatherapy<br />

products. New methods of improving yield<br />

and essential oil content in peppermint<br />

and spearmint crops could produce<br />

economic benefits for large-scale<br />

production operations and create more<br />

environmentally sustainable systems.<br />

One previous study of plant distillation<br />

wastewater found that wastewater from<br />

sage, thyme, and rosemary contained<br />

antioxidants and could be used as an<br />

ingredient in marinades for turkey meat.<br />

'We hypothesised that residual distillation<br />

water could have an effect on peppermint<br />

and spearmint plants when used as a<br />

foliar spray,' said Mississippi State<br />

University professor Valtcho D.<br />

Zheljazkov, corresponding author of a<br />

study that tested plant hormones and<br />

distillation wastewater on peppermint and<br />

spearmint plants.<br />

Zheljazkov and colleagues reported on<br />

their collaborative research in<br />

HortScience. The team evaluated the<br />

effects of three plant hormones (methyl<br />

jasmonate, gibberellic acid, and salicylic<br />

acid) at three concentrations and the<br />

25


esidual distillation water from 15 plant<br />

species applied as foliar sprays on<br />

biomass yields, essential oil content, and<br />

essential oil yield of peppermint (Mentha x<br />

piperita 'Black Mitcham') and spearmint<br />

(Mentha spicata 'Native').<br />

The application of salicylic acid at 1000<br />

mg/L increased biomass yields of both<br />

species. Methyl jasmonate at 100 and<br />

1000 mg/L, gibberellic acid at 10 mg/L,<br />

salicylic acid at 10 or 100 mg/L, and<br />

distillation water of seven plant species all<br />

increased the essential oil content of<br />

peppermint, whereas the oil content of<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

spearmint was increased only by<br />

distillation water of one plant species.<br />

'The study demonstrated that the residual<br />

distillation water of some aromatic plant<br />

species may have an effect on crop<br />

species and may be used as a tool for<br />

increasing essential oil content or<br />

essential oil yields of peppermint and<br />

spearmint crops. Further research is<br />

needed to elucidate the effect of these<br />

treatments on essential oil composition<br />

and to verify the effects under field<br />

conditions,' said Zheljazkov.<br />

Source: http://www.sciencecentric.com/news/11030443-using-wastewater-enhancemint-production.html<br />

Mentha oil remains up in futures trade<br />

The prices of mentha oil for the Feburary<br />

contract rose by Rs 13.90, or 1.27 per<br />

cent, to Rs 1,105.50 per kg, with a<br />

business volume of a single lot at the Multi<br />

Commodity Exchange (MCX) since fresh<br />

holdings were created by the traders<br />

tracking the rise in the demand in the spot<br />

market.<br />

The oil for the March contract also moved<br />

up by Rs 12.80, or 1.16 per cent, to Rs<br />

1,112 per kg, with a business turnover of<br />

five lots at the MCX.<br />

Moreover, the pick-up in the demand from<br />

the pharmaceutical units at the spot<br />

market against the reduced supply from<br />

the growing belts also supported the<br />

prices.<br />

Mentha oil is one of the important<br />

essential oils. It is extracted from herb<br />

Mentha arvensis through distillation<br />

process. It is widely used in food and<br />

flavourings<br />

Indias mint belt lies in the countrys<br />

"breadbasket," spanning the states of Uttar<br />

Pradesh, Punjab, Himachal Pradesh,<br />

Haryana and Bihar. About 80% of the crop<br />

in India comes from Uttar Pradesh<br />

(Rampur, Moradabad, Bareilly, Barabanki<br />

and Badaun) and the balance 20% from<br />

Punjab, Himachal Pradesh and Haryana.<br />

India will always play an important role in<br />

world mentha oil market, with a never<br />

ending demand from the cosmetics and<br />

food industry and production restricted to<br />

few countries.


2011<br />

Events Calendar<br />

Month Date Event Location Website<br />

February 16-19 BioFach and Vivaness Nuremberg, Germany www.biofach.de<br />

April 3-4<br />

Natural and Organic Products London,<br />

Europe<br />

United Kingdom<br />

www.naturalproducts.co.uk/07/<br />

public/enter.aspx<br />

3-4 Supplyside East Secaucus, NJ USA<br />

http://www.supplysideshow.co<br />

m/2011/east/<br />

12-14<br />

Sustainable<br />

Summit<br />

Cosmetics<br />

New York, NY USA<br />

May<br />

http://www.sustainablecosmetic<br />

ssummit.com/<br />

17<br />

Legal &<br />

Conference<br />

Regulatory San Francisco, CA<br />

USA<br />

www.personalcarecouncil.org<br />

24-26 FCE Cosmetique Sao Paulo, Brazil www.fcecosmetique.com.br/en/<br />

June<br />

25-27 CITE Japan 2011 Yokohama, Japan<br />

10th ISCD <strong>International</strong><br />

30-1 June<br />

Congress<br />

SCC Annual Scientific<br />

2-3<br />

Seminar<br />

9-10 Sustainable Fragrances Arlington, VA USA<br />

21-23<br />

Food Ingredients, Health<br />

Ingredients, Natural<br />

Ingredients China<br />

<strong>Market</strong> <strong>News</strong> <strong>Service</strong><br />

Essential Oil and Oleoresins<br />

www.citejapan.info/en/index.ht<br />

ml<br />

Shenyang, China www.iscd2011.org<br />

Las Vegas, NV USA www.scconline.org<br />

Shanghai,<br />

China<br />

http://www.sustainablefragr<br />

ances.com/home.aspx<br />

www.ingredientsnetwork.com<br />

28-30 HBA Global Expo New York, NY USA www.hbaexpo.com<br />

September 20-21<br />

Natural<br />

Conference 2011<br />

http://www.naturkosmetik-<br />

Cosmetics<br />

Nuremberg, Germany branchenkongress.de/de/defaul<br />

t.ashx<br />

8-12 ANUGA<br />

Cologne,<br />

Germany<br />

www.anuga.com<br />

October<br />

10-14<br />

22-24<br />

Supplyside West<br />

Natural Products<br />

East<br />

Expo<br />

Las Vegas, Nevada<br />

USA<br />

Baltimore, MD USA<br />

http://www.supplysideshow.co<br />

m/2011/west/<br />

http://www.expoeast.com<br />

25-26<br />

Society of Cosmetic Chemists<br />

Long Beach, CA USA www.caliscc.org<br />

California Suppliers Day 2011<br />

27


Street address<br />

<strong>International</strong> <strong>Trade</strong> <strong>Centre</strong><br />

54-56 Rue de Montbrillant<br />

1202 Geneva, Switzerland<br />

The <strong>International</strong> <strong>Trade</strong> <strong>Centre</strong> (ITC) is the joint agency of the World <strong>Trade</strong> Organization and the United Nations.<br />

P: +41 22 730 0111<br />

F: +41 22 733 4439<br />

E: itcreg@intracen.org<br />

www.intracen.org<br />

Postal address<br />

<strong>International</strong> <strong>Trade</strong> <strong>Centre</strong><br />

Palais des Nations<br />

1211 Geneva 10, Switzerland

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