Pope’s Ryan Stendler was recently featured in the August issue of Perfumer & Flavorist Magzine. Check it out!
The global terpene resins market was valued at $991 million in 2022 and is projected to reach $1,450 million by 2027, growing at a CAGR 7.9% from 2022 to 2027, according to Markets and Marketsa reporting. Whereas the global cannabidiol (CBD) marketb size was valued at an impressive $6.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 16.2% from 2023 to 2030.
In this month’s Industry Insights section, Perfumer & Flavorist+ (P&F+) has tapped Pope Scientific Sales & Technical specialist Ryan Stendler to discuss the current trends and demands in the space as well as outline the challenges within the market.
P&F+: What are some of the trends/demands driving innovation in the cannabis, CBD, and terpenes market?
Ryan Stendler: One of the biggest trends we are seeing is a focus on hemp-derived terpenes. Previously, these terpenes weren’t commonly targeted products by themselves, but now there is increased demand for pure terpenes to be used in cannabis products. As a result, there have been changes in the methods of extraction used. In the earlier days of cannabis processing, ethanol extraction was the primary method used.
However, this approach can damage the terpenes due to all the heat required in removing the ethanol. When the terpenes were not a focus, this was nonessential, but now other extraction methods like supercritical CO2 and hydrocarbon have become more popular. Once the terpenes are extracted, they need to be purified by distillation.
Pope’s wiped-film stills have been used for this purpose, both our molecular stills and our hybrid stills. Wiped-film stills allow for low thermal stress on the terpenes, minimizing degradation while maximizing recovery. In addition, the hybrid stills allow for fractional separation if that is needed to provide the purest products possible.
Perfumer & Flavorist Magazine: Industry Insights – Cannabis, CBD and Terpenes
Source: Perfumer & Flavorist Magazine https://perfumerflavorist.texterity.com/perfumerflavorist/august_2023/MobilePagedArticle.action?articleId=1895509&app=false#articleId1895509