#Cinnamaldehyde Market Opportunities
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Japan "EMI Shielding Market 2023" | Current and Future Trends with PPG IndJapantries Inc., Henkel AG & Co. KGaA, Schaffner Holding AG, Leader Tech Inc., Chomerics
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Rising Product Demand due to Urbanization Driving Cinnamaldehyde Market
In 2016, the global cinnamaldehyde market generated a revenue of $183.7 million and is predicted to advance at a 6.5% CAGR during the forecast period (2017–2022). The market is witnessing growth due to the low toxicity of cinnamaldehyde, urbanization resulting in the rising demand for cinnamaldehyde in emerging economies, increasing demand for personal & home care products in developed and developing nations, and changing demographics and income trends in developing countries. An organic compound which provides the taste and smell of cinnamon spice is referred to as cinnamaldehyde.
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When source is taken into consideration, the cinnamaldehyde market is bifurcated into natural and synthetic. Between these two, the synthetic category dominated the market during 2013–2016 and is projected to account for the major share of the market during the forecast period as well, in terms of volume, as synthetic cinnamaldehyde is more economical than natural cinnamaldehyde. In terms of application, the market is divided into odor agent, flavoring agent, and others. Among these, the odor agent division held the largest volume share of the market during the historical period.
Geographically, Asia-Pacific (APAC) accounted for the largest share of the cinnamaldehyde market during the historical period and is expected to dominate the market during the forecast period as well, in terms of volume. The reason for this is the surging population in emerging economies, including China and India, which is creating increasing requirement for personal care and cosmetic products. China accounted for the largest share of the regional market during the historical period and is further projected to retain its position during the forecast period, in terms of volume.
The swift urbanization, which has resulted in rising product demand from emerging economies, is a key driving factor of the cinnamaldehyde market. Urbanization has also led to enhanced facilities and improved lifestyle of middle-class people. The living standard of urban population has risen up, which, in turn, is resulting in the growing demand for discretionary items, such as high-end cosmetics, perfumes, essential oils, and others. In addition to this, cinnamaldehyde is also utilized as a flavoring agent in the food industry for enhancing the flavor and aroma of food.
The surging demand for personal & home care products from both developed and developing countries is also resulting in the growth of the cinnamaldehyde market. As the cosmetics and personal care companies are getting good returns on their investments, the multi-national beauty companies are increasingly investing in potential markets. The consumers are further becoming more inclined toward luxury consumer goods, such as essential oils and perfumes, as their disposable income is increasing.
The rising utilization of cinnamaldehyde as an antimicrobial agent in agricultural practices is key trend in the cinnamaldehyde market. Cinnamaldehyde acts as an effective fungicide when it is applied to the roots of plants. The compound has been proven effective for restraining the growth of inoculated foodborne pathogens for over 40 different crops. In addition to this, cinnamaldehyde has low toxicity and some insecticidal effects, which makes it ideal for usage in the agriculture sector. Attributed to these advantages, several major players have started focusing on research & development of cinnamaldehyde-related products.
Hence, the market is growing due to the rising demand for personal & home care products and rapid urbanization which has led to rising demand for cinnamaldehyde from developing countries.
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Global Cinnamaldehyde (CA) Market 2021 Industry Outlook and Opportunities
Global Cinnamaldehyde (CA) Market 2021 Industry Outlook and Opportunities
Buy Now Cinnamicaldehyde (CA) is a specific type of natural organic compound, mainly found in the bark of cinnamon trees and other types of cinnamon species including camphor and cassia. It is generally produced naturally by forming the reaction between benzaldehyde for instance acetaldehyde and isovanillin. It is primarily used as flavor & fragrance agent in the food & beverage and cosmetics &…
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Cinnamon Market Growth, Trends Key Factors And Emerging Opportunities till 2025
August 26, 2021: The global Cinnamon Market was valued at US$ 760.2 million in 2018 and is estimated to grow at a CAGR of 13.8% and will touch the value of US$ 1.9 billion by the completion of the year 2025. This could be attributed to the ever-increasing awareness regarding health benefits provided by cinnamon. Healthy food habits and nutrition are topping the agenda of modern lives these days.
As such, cinnamon has found its presence in food & beverage sector as a preservative for loads of food products; basically due to its anti-fungal and anti-bacterial properties. Besides, healthcare experts opine that cinnamaldehyde; one of the active components in cinnamon oil; does help in the prevention of blood platelets’ undesirable clotting.
Market Scope:
The market’s growth is also getting impacted by the customers’ rising inclination toward cinnamon’s online purchase. Competitive pricing and shopping convenience catalyze online sales of cinnamon. Moreover, ease in the product’s accessibility makes it easily available.
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Market Segmentation:
The cinnamon market is segmented based on product, application, distribution channels, and geography. By product, the segmentation goes like Ceylon, Saigon, Korintje, Cassia, and others (Malabar, Indian, and more). By application, the cinnamon industry goes like medicines, cosmetics, and food & beverage. By distribution channel, the segmentation states supermarkets, hypermarkets, online retailers, specialty stores, and convenience stores. By geography, the same market says North America, Europe, Asia Pacific, LATAM, and MEA.
Regional Insights:
Asia Pacific rules the roost due to presence of prominent economies producing cinnamon herein. Plus, extensive research is being carried out regarding medical applications. This is likely to drive the cinnamon market in North America (Canada in particular, as it is a home to chain of restaurants). Europe could also follow suit. LATAM is slowly picking up due to Brazil taking the lead.
Players:
The players contributing to the cinnamon market include Adam Group, Elite Spice, HDDES Group, EOAS International, EHL Ingredients, C.F. Sauer Company, Bio Foods (Pvt.) Ltd., Ceylon Spice Company, Bart Ingredients, and ACH Food Companies.
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Market Segment:
Cinnamon Product Outlook (Revenue, USD Million, 2015 - 2025)
• Ceylon
• Cassia
• Saigon
• Korintje
Cinnamon Application Outlook (Revenue, USD Million, 2015 - 2025)
• Residential
• Commercial
Cinnamon Region Outlook (Revenue, USD Million, 2015 - 2025)
• North America
• U.S.
• Europe
• Germany
• U.K.
• Asia Pacific
• Japan
• India
• Central & South America
• Peru
• Middle East & Africa
• UAE
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Essential Oils Market Size, Share, Trends, Demand and Forecast to 2027
The global essential oils market size is expected to reach USD 14.6 billion by the end of 2026. As per the report, the market stood at USD 7.03 billion in 2018 and is projected to exhibit a stellar CAGR of 9.65% during the forecast period of 2019-2026. This vital information is stated by Fortune Business Insights™, in its report, titled, “Essential Oils Market, 2019-2026.” The global food and beverage industry is experiencing steady, yet significant evolution regarding ingredient formulations. The growing inclination of consumers towards organic and naturally grown products has categorized essential oils as an essential component of choice in food processing. This is likely to mark a significant contribution towards the growth of the market.
Inhalation of Essential Oils Likely to be Beneficial to Stall COVID-19 Virus
Since the COVID-19 virus outbreak, the disease has reached every country around the globe, which is why the World Health Organization declared it as a public health emergency. The global impacts of the coronavirus disease were observed by every industry and public too and significantly affected the essential oil market positively. According to the International Journal of Pharmaceutical Science and Research, inhalation of certain essential oils can be beneficial and an adjuvant therapeutic strategy to stall COVID-19. This study is likely to boost the demand and growth of the essential oils market.
Segmentation:
Based on type, the global essential oils market is divided into citrus, eucalyptus, lavender, rosemary and tea tree. The citrus based oil is expected to dominate in the market as the leading segment.
On the basis of application, the market is further categorized into food and beverage, personal care and cosmetics and pharmaceuticals among others. Among these, the food and beverage sector is the top application of such oils that act as natural antimicrobials. It held a share of about 46.1% in the year 2018.
Report Coverage:
We follow a comprehensive research methodology that focuses majorly on offering accurate information. Our researchers have used a data triangulation technique which would help us to provide authentic estimates and gauge the overall market dynamics. Besides, our analysts gained access to several global and regional paid databases for delivering the latest information so that you can invest only in the crucial zones.
Drivers and Restraints:
Essential Oils Used as a Preservation Source to Bolster Market Growth
Essential oils have a vital role to carry out regarding the organic preservation of foods during the rising fear for artificial food essences and their long-standing unfavourable outcomes. Several clinical trials, where the ranging based on concentration levels for the oils to be 0.5 to 20 microliters per gram, have observed antibacterial activities in foods such as meat products, sea-food, milk, milk products, vegetables, and even cooked rice, among others. There has been a significant collaboration established using mild preservation methods coupled with essential oils. Furthermore, it is a great opportunity for R&D to combine and utilize the oil as food additives and is anticipated to deliver further motivation for the essential oils market to grow.
Regional Insights:
North America and Europe to Co-Lead the Market Backed by Attraction of Aromatherapy
The essential oils market share in the North American region was worth USD 1.79 billion in 2018. The developed nations of the European region and the U.S. have acknowledged a few of the constituents of essential oils such as cinnamaldehyde, carvone, Citral, carvacrol, p-cymene, among others as a valid flavouring. The cosmetic developers in Europe too are leaning immensely to include essential oils in their products. The rising popularity for aromatherapy in major markets of the leading countries in the European region is projected to make a notable contribution to the sales segment of these oils further promoting the essential oils market growth.
Competitive Landscape:
Innovative Launches by Key Players to Further Promote Market Growth
The prominent players in the market are constantly watching out for opportunities to invest, launch or merge with other key companies to bolster their position in the market. They plan effective strategies along with the help of their expert advisors to enhance their brand value and ensure better reach among the end-users. One such efficient strategy is launching innovative products to attract consumers from all regions.
For example, in November 2018, Young Living Essential Oils launched its offerings and solutions in the Philippines, which falls in the Southeast Asian market.
Browse Detailed Summary of Research Report with TOC:
https://www.fortunebusinessinsights.com/industry-reports/essential-oils-market-101063
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Global Amyl Cinnamaldehyde Market Future Growth Strategies 2025
The Amyl Cinnamaldehyde research report set for rapid growth in the forecast period (2020 to 2025) cannot be underestimated for the reason that it offers real-time data on the current market, identifies customer needs and outlines the immediate competitors. The simplified document explains about how company owners plan to keep up with industry growth. A constant effort is created by the subject matter specialists to analyze how some business owners succeed in maintaining a competitive edge while others fail to do so makes the research interesting. A fast review of the realistic vendors makes the overall market study a lot more interesting. Opportunities that are serving to product owners' see their business any add worth to the study.
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A new business intelligence report released by Contrive Datum Insight with the title Global Amyl Cinnamaldehyde Market 2020 by Manufacturers, Type and Application, forecast to 2027 is designed with an objective to provide a micro-level analysis of the market. The report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, Research & Development, and regional growth of the leading competitors operating in the market. The current trends of the global Amyl Cinnamaldehyde market in conjunction with the geographical landscape of this vertical have also been included in this report.
The Amyl Cinnamaldehyde market was valued at xx Million US$ in 2019 and is projected to reach xx Million US$ by 2027, at a CAGR of xx% during the forecast period. In this study, 2019 has been considered as the base year and 2020 to 2027
Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players.
The Top Key Players include: Hairui Chemical, ZINC, Sigma-Aldrich, Achemtek, Chem-Space.com Database, LGC Standards, 3B Scientific (Wuhan) Corp, AHH Chemical co., ltd, Norris Pharm, Tractus, Boc Sciences, AK Scientific, Inc. (AKSCI), Biosynth, LabNetwork, a WuXi AppTec Company, AKos Consulting & Solutions, MolPort, abcr GmbH, A&J Pharmtech CO., LTD
The global Amyl Cinnamaldehyde market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.
Global Amyl Cinnamaldehyde Market Key Segments:
On the Basis of Type: Natural, Synthetic
On the Basis of Application: Chemistry Experiment, Others
On the Basis of Region:
North America Europe Asia-Pacific Latin America Middle East and Africa (MEA)
Research Snapshot:
Historic Period: 2014 - 2018 Base Year: 2019 Forecast Period: 2020-2027
Geographically, the global Amyl Cinnamaldehyde market has been analyzed in various regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, Europe, and India. The global Amyl Cinnamaldehyde region is dominating this market in the upcoming future.
The study objectives of global market research report:
To analyze the global Amyl Cinnamaldehyde market on the basis of several business verticals such as drivers, restraints, and opportunities It offers detailed elaboration on the global competitive landscape To get an informative data of various leading key industries functioning across the global regions It offers qualitative and quantitative analysis of the global Amyl Cinnamaldehyde market It offers all-inclusive information of global market along with its features, applications, challenges, threats, and opportunities
The major key questions addressed through this innovative research report:
What are the major challenges in front of the global Amyl Cinnamaldehyde market?
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Global Cinnamaldehyde Market
The report forecast global Cinnamaldehyde market to grow to reach xxx Million USD in 2019 with a CAGR of xx% during the period 2020-2025 due to coronavirus situation. The report offers detailed coverage of Cinnamaldehyde industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Cinnamaldehyde by geography. The report splits the market size, by volume and value, on the basis of application type and geography. First, this report covers the present status and the future prospects of the global Cinnamaldehyde market for 2015-2024. And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru]. At the same time, we classify Cinnamaldehyde according to the type, application by geography. More importantly, the report includes major countries market based on the type and application. Finally, the report provides detailed profile and data information analysis of leading Cinnamaldehyde company. Key Content of Chapters as follows (Including and can be customized) : Part 1: Market Overview, Development, and Segment by Type, Application & Region Part 2: Company information, Sales, Cost, Margin etc. Part 3: Global Market by company, Type, Application & Geography Part 4: Asia-Pacific Market by Type, Application & Geography Part 5: Europe Market by Type, Application & Geography Part 6: North America Market by Type, Application & Geography Part 7: South America Market by Type, Application & Geography Part 8: Middle East & Africa Market by Type, Application & Geography Part 9: Market Features Part 10: Investment Opportunity Part 11: Conclusion Market Segment as follows: By Region Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia] Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America[United States, Canada, Mexico] Middle East & Africa[GCC, North Africa, South Africa] South America[Brazil, Argentina, Columbia, Chile, Peru] Key Companies Mubychem Group Lanxess AG Payan Berthand S.A. Emerald Kalama Chemical Jayshree Aromatics Kao Global Chemicals Finoric ABI Chem Yingcheng Wuhan Organic Materials Co Haihang Industry Co Market by Type Synthetic Natural Market by Application Flavoring Agent Odor Agent Others
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Amyl Cinnamaldehyde Market Growth Opportunities and Global Analysis (2020-2027) | Hairui Chemical, Achemtek, Tractus
Most recent Study on Industrial Growth of Global Amyl Cinnamaldehyde Market 2020-2027. A point by point study gathered to offer Latest knowledge about intense highlights of the Amyl Cinnamaldehyde market. The report contains distinctive market expectations identified with CAGR, income, production, Consumption, market size, gross margin, cost and other considerable elements.
While highlighting the key driving and guiding powers for this market, the report additionally offers a total investigation of things to come patterns and advancements of the market. It additionally looks at the role of the main market players associated with the business including their financial summary, corporate review and SWOT investigation.
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Top players Included:
Hairui Chemical, Achemtek, Tractus, AHH Chemical co.ltd, Norris Pharm, 3B Scientific (Wuhan) Corp, Sigma-Aldrich, ZINC, LGC Standards, AKos Consulting & Solutions, Chem-Space.com Database
Global Amyl Cinnamaldehyde Market Key Segments: On the Grounds of Type:
Synthetic
Natural
On the Grounds of Application:
Chemistry Experiment
Others
Leading Regions:
North America, Asia-Pacific, UK, Europe, Central & South America, Middle East & Africa
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Opportunity mapping in terms of technological developments.
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Amyl Cinnamaldehyde Market Growth Opportunities and Global Analysis (2020-2027) | Hairui Chemical, Achemtek, Tractus
Amyl Cinnamaldehyde Market Growth Opportunities and Global Analysis (2020-2027) | Hairui Chemical, Achemtek, Tractus
Most recent Study on Industrial Growth of Global Amyl Cinnamaldehyde Market 2020-2027. A point by point study gathered to offer Latest knowledge about intense highlights of the Amyl Cinnamaldehyde market. The report contains distinctive market expectations identified with CAGR, income, production, Consumption, market size, gross margin, cost and other considerable elements.
While highlighting the…
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Cinnamaldehyde Market Analysis to Reflect Impressive Growth Rate by 2027
Cinnamaldehyde Market: Unsaturated aldehyde
Cinnamaldehyde is a pale yellow, viscous liquid that is present in the bark of cinnamon trees. The essential?oil of cinnamon bark contains about 55% to 76% cinnamaldehyde. It is also utilized as a building block to manufacture derivatives such as cinnamic alcohol, 3-phenyl propanol, and cinnamonitrile.
The derivatives of cinnamaldehyde include dihydrocinnamyl, dihydrocinnamaldehyde, and cinnamyl alcohol. It’s primarily used to fight tooth decay and bad breath and enhance oral health. Furthermore, cinnamaldehyde possesses antifungal and antibacterial properties, which help reduce infections. In the food & beverage industry, cinnamaldehyde is often used in a range of 9 ppm to 4900 ppm.
Cinnamaldehyde is extensively utilized in various end-use applications such as flavor & fragrance, agriculture, healthcare, and other (including corrosion inhibitor). Among these applications, flavor & fragrance is estimated to be the leading segment and hold a major share of the market.
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Rise in demand for personnel care products to drive the cinnamaldehyde market
Rising urbanization coupled with increasing disposable income of consumers is anticipated to drive the perfume market during the forecast period. Furthermore, increase in spending by consumers on personal care products and rise in research & development activities about the benefits associated with fragrance are driving the cinnamaldehyde market.
Additionally, development of new flavors with improved taste and increased emphasis on unique taste in processed food products are estimated to drive the global flavors market, which in turn is anticipated to drive the cinnamaldehyde market in the near future.
In the agricultural sector, cinnamaldehyde is utilized as an antifungal agent, for corn rootworm attractant, and dog and cat repellent. Moreover, it can also be employed as a casing in soil for growing mushrooms, row crops, turf, and other food commodities. Use of cinnamaldehyde as a fungicide and insecticide is projected to drive the market during the forecast period.
Flavor & fragrance segment to offer attractive opportunities
Increase in demand for personal care products coupled with the expansion of food and beverages segment is expected to propel the cinnamaldehyde market during the forecast period. Rise in usage of flavors in pharmaceutical, supplements for diets, and nutraceuticals is anticipated to boost the flavor & fragrance segment in the near future.
Rise in industrialization across the globe has led to the increase in manufacturing of scented or flavored commodities such as refined food, soaps, detergents, household cleaners, personal care products and oral hygiene products. All these factors are expected to fuel the flavor & fragrance segment of the market.
Additionally, utilization of cinnamaldehyde in a wide range of food products, such as non-alcoholic beverages, ice cream, candy, baked goods, chewing gum, and meats, is expected to offer lucrative opportunity to the cinnamaldehyde market in the near future.
Increase in regulations on cinnamaldehyde to hamper the market
Cinnamaldehyde is an allergy causing agent in humans and numerous reports state that it can cause skin irritation in humans. The Scientific Committee on Consumer Safety have recommended the limit of 0.01% cinnamaldehyde, as a fragrance in cosmetic products.
According to the current IFRA guidelines, the limit sets the usage of cinnamaldehyde in a concentrations of about 0.02% in lip care and deodorant products, 0.04% in intimate wipes, 0.4% in mouthwashes, and 0.05% in all other personal care products including fragrances.
Asia Pacific is projected to hold prominent share of the global cinnamaldehyde market
In terms of region, the global cinnamaldehyde market can be split into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Asia Pacific is anticipated to be a prominent market for cinnamaldehyde. Increase in disposable income of people coupled with a rise in living standards has led to an increase in spending power of consumers in the region. Increase in spending power has led to a rise in the usage of perfumes, which in turn is boosting the cinnamaldehyde market in the region.
Rising import of cinnamaldehyde in Latin America and Middle East & Africa owing to its excellent flavoring properties is expected to boost its demand in both regions.
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Key players operating in the Cinnamaldehyde market
Demand within cinnamaldehyde market is highly concentrated, with the top manufacturers accounting for a major share of the global market. Key players operating in the cinnamaldehyde market include
LANXESS AG
Emerald Performance Materials, LLC
Aurochemicals
Payan Berthand S.A.
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Natural Cinnamic Aldehyde Market SWOT Analysis Boosting the Industry Worldwide
Global Natural Cinnamic Aldehyde Market: Overview
The Natural Cinnamic Aldehyde Market SWOT Analysis is estimated to witness rapid growth owing to its use in multiple applications across a wide variety of Industries. Natural cinnamic aldehydes find abundant use in the making of scents and perfumes. The property of high blending with chemicals in perfume making improves penetration of the product. It creates a sweet scent when mixed with volatile chemicals thereby affixing aroma of perfumes.
The global natural cinnamic aldehyde market is poised for high gains over the tenure of assessment, thanks to its role as fragrance and flavor enhancer. Natural cinnamic aldehyde refers to a pale yellow colored organic compound that is widely utilized in liquid form. Also otherwise known as cinnamaldehyde, the product has witnessed a remarkable rise in its increased consumption in the agrochemicals industry.
Global Natural Cinnamic Aldehyde Market: Notable Developments
The Natural Cinnamic Aldehyde Market SWOT Analysis has witnessed some significant developments in over the last few years. One such significant development in the global natural cinnamic aldehyde market is mentioned below:
In 2017, US-based Emerald Performance Materials, a leading marketer and producer of specialty chemicals, successfully completed its project of operational expansion that was valued US$ 40 million. The project was situated at its Netherlands-based site. It is expected that following the completion of this high value project, the capacity and capabilities of the company for the production of natural cinnamic aldehyde products will increase manifolds.
Some of the noted organizations operating in the global natural cinnamic aldehyde market are as mentioned below:
Hic A&J Pharmtech Co.
ApexBio Technology
ChemExper Chemical Directory
IS Chemical Technology
Syntree and SigmaAldrich
Elan Chemical Company Inc.
Emerald Performance Materials
Global Natural Cinnamic Aldehyde Market: Key Trends
The following drivers, restrains, and opportunities is expected to shape the future course of the global natural cinnamic aldehyde market during the study tenure, from 2019 to 2027.
Growing Uses in Multiple Applications Across Various Industries Boosts Demand
Strong potential of use in a wide variety of products across food and beverages, personal care, and household care industries is estimated to propel the growth of the global natural cinnamic aldehyde market in years to come. The industry demand is likely to be fuelled by the natural presence of genus cinnamomum together with its wide availability. Nearly 90% of the total product market is dominated by cinnamon bark, which is an enriched source of natural cinnamic aldehyde.
Natural cinnamic aldehyde is generally and widely used as a flavor enhancing agent. The demand for the product is primarily impacted by the rapid expansion of the food and beverage industry across several regions. Increased shelf life and convenience of packaged food and beverages have resulted in increased demand for such packaged items, mostly from the working population. As such, the global natural cinnamic aldehyde market is foreseen to observe remarkable gains in years to come. In addition, emergence of various online food delivery services will further offer copious growth opportunities for the market in times to come.
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Fast-paced expansion of the cosmetics & personal care industry coupled with the increased consciousness about one’s looks is likely to drive the growth of the global natural cinnamic aldehyde market. A significant rise in the per capita income of people together with an propensity to spend on cosmetic products are expected to act as growth promoting factors for the market over the period of forecast. Increasing demand for cleansers, detergents, deodorants, and shampoos with various specifications are accelerating the demand for personal care products, which further boosts the market
Demand for organic agricultural products is shooting up the demand for nutrient-rich food products is considerably influencing the growth of the market. In addition, natural cinnamic aldehyde is finding increasing use in the heart diseases treatments and oral care owing to its anti-diabetic and anti-bacterial properties. Such varied uses are likely to facilitate the global natural cinnamic aldehyde market in years to come.
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Global Natural Cinnamic Aldehyde Market: Geographical Analysis
The global natural cinnamic aldehyde market is split into the regions of Asia Pacific, Latin America, North America, Middle East and Africa, and Europe.
North America is likely to account for a dominant share of the global natural cinnamic aldehyde market over the period of assessment. The region has the presence of several leading perfuming making plants, which comprise most of the demand for the product. In addition, a remarkable rise in the expansion of various end use industries is likely to propel growth of the regional market.
Changing demographic patterns and rising income are estimated to add to the growth of the Asia Pacific natural cinnamic aldehyde market. The region has recently witnessed surging demand for luxurious personal care products in countries like India, China, and Japan, which is likely to boost the market in the region.
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Essential Oil Market Is On Huge Boom Due To Shifting Trend Towards Preventive Healthcare
The global essential oils market size is expected to scope USD 11.19 Billion by 2022 growing at a CAGR of 8.83% from 2017 to 2022. The shifting trend towards preventive healthcare, coupled with an improved standard of living among consumers, are the major factors driving the market.
Browse 94 Market Data Tables and 45 Figures spread through 176 Pages and in-depth TOC on "Essential Oils Market - Global Forecast to 2022"
The key factors driving the demand for essential oil include growing research & development activities, increasing demand for food & beverage and cosmetic applications, and increasing demand for aromatherapy. Growing research & development activities and increased demand from food & beverage and cosmetic applications are also driving the market.
Growing awareness towards preventive healthcare, increasing double-income households, a rise in depression and anxiety cases, increasing demand for aromatherapy, and increase in end-use applications of essential oils are some of the factors driving the demand for these oils.
Lemon is the fastest-growing market as it is used for both dietary and non-dietary purposes in various regions. The major importer of lemons worldwide is the U.S., due to the growing demand from customers for essential oil products. The growing demand for lemon oil worldwide is attributed to its health benefits, which has encouraged manufacturers to produce essential oil products for different end-use applications such as food & beverages, health care, and aromatherapy.
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The food & beverage segment is projected to be the largest market for essential oil. Various essential oils used by the manufacturers include orange oil, lemon oil, lime oil, peppermint oil, citronella oil, clove leaf oil, among others. They are used in food & beverages for imparting flavor to the final products, as substitutes for synthetic ingredients. The major factor boosting the growth of the market is the increasing preference of natural and organic food products by the consumers.
Significant growth for essential oil is observed in the Asia-Pacific region
The Asia-Pacific region is segmented into China, Japan, India, Australia & New Zealand, and Rest of Asia-Pacific. The increase in preference of consumers for natural essential oil ingredients such as peppermint & spearmint and rise in purchasing power parity in the region is driving the demand for essential oils in applications such as aromatherapy, health care, and food & beverages.
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies in essential oils market. It includes the profiles of leading companies such as Cargill (U.S.), E.I. du Pont de Nemours and Company (U.S.), Koninklijke DSM N.V. (Netherlands), and Givaudan SA (Switzerland).
Cargill
Cargill’s key business operating segments include agri trading and processing; food ingredients & products; meat, poultry & eggs; farmer services; animal feed & nutrition; energy & nutrition; and financial. It offers a broad range of essential oils under animal feed & nutrition, which include feed additives such as cinergy, prohacid, nectarom, and biacid. To strengthen its business in the essential oil market, the company has adopted strategic investments; for instance, in 2013, Cargill launched a new product in feed additives segment to broaden the animal nutrition segment, which enabled the company to expand its essential oil market.
E. I. du Pont de Nemours and Company
E. I. du Pont de Nemours and Company, commonly known as DuPont, is a science- & technology-based company providing innovative products, materials, and services. The company operates through different business segments, namely, agriculture, food & personal care, electronics & communications, industrial biosciences, nutrition & health, performance chemicals, performance materials, safety & protection, and pharmaceuticals. The company’s nutrition & health segment comprises the specialty food ingredients business of Danisco A/S (Denmark). The segment offers essential oils compounds under the essential oil feed solution segment, which include compounds comprising optimized, high-concentration blends of thymol and cinnamaldehyde; these have been shown to stimulate feed intake & digestion, improve body weight, and offer healthy performance benefits. In October 2016
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Cinnamic Aldehyde Market Revenues Driving Factors, Growth Trends, and Business Opportunities, 2022
Global cinnamic aldehyde market is anticipated to witness exponential growth in the forecast period. Cinnamic Aldehyde is also termed as “Cinnamaldehyde”, an organic compound found naturally in the bark of cinnamon trees and other species of cinnamon such as cassia and camphor. It can be formed naturally by forming reaction between benzaldehyde such as acetaldehyde and isovanillin.
The factors that propel the growth of the market include rising demand for nutritious food products between health-conscious customer, growing demand for organic agricultural activities, shifting customer preference for organic food constituents, fast-growing food and beverage industry, and rapidly increasing personal care and cosmetics industry. On the other hand, there are factors that may hamper the growth of the market including characteristics of cinnamic aldehyde to cause irritation, if undiluted. Cinnamic aldehyde market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.
The market could be explored by product type, source, application, end user and geography. Market could be explored by product type as Flavor Agent, Aroma Agent, and Antimicrobial Agent. The “Antimicrobial Agent” segment led the market in 2017 and will continue to lead in the forecast period. The key factor that may be attributed to the growth of the market includes increasing customer health concerns.
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Based on the source, the market could span Synthetic and Natural. The “Natural” segment led the market in 2017 and will continue to lead in the forecast period. The key factors that may be attributed to the growth of the market includes high accessibility of naturally sourced products and growing consumer health concern.
The key applications that could be explored in the market include Odor agent, Flavoring agent, and others. The market could be explored based on the end user as Food & Beverages, Household & Personal Care, Agriculture, and Healthcare. Asia-Pacific accounted for the major share of the cinnamic aldehyde market in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include the fast growth of the Asia-Pacific cosmetics market, increasing appearance consciousness among the young generation, improved demand of home care and personal products, growing aged population, and surge in the disposable income of the population in this region. In addition, Asia-Pacific is followed by North American region owing to the presence of mature and stable homecare and personal care markets and increased consumption of packaged foods.
Some of the key players that fuel the growth of the cinnamic aldehyde market comprise LANXESS AG, Mubychem Group, Emerald Kalama Chemical, LLC, Payan Bertrand S.A, Kao Global Chemicals, Jayshree Aromatics Pvt. Ltd., ABI Chem, Finoric LLC, Haihang Industry Co. Ltd., and Yingcheng Wuhan Organic Materials Co., Ltd. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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Cinnamaldehyde Market Rise in Demand for Personnel Care Products | 2027
Cinnamaldehyde Market: Unsaturated aldehyde
Cinnamaldehyde is a pale yellow, viscous liquid that is present in the bark of cinnamon trees. The essential?oil of cinnamon bark contains about 55% to 76% cinnamaldehyde. It is also utilized as a building block to manufacture derivatives such as cinnamic alcohol, 3-phenyl propanol, and cinnamonitrile.
The derivatives of cinnamaldehyde include dihydrocinnamyl, dihydrocinnamaldehyde, and cinnamyl alcohol. It’s primarily used to fight tooth decay and bad breath and enhance oral health. Furthermore, cinnamaldehyde possesses antifungal and antibacterial properties, which help reduce infections. In the food & beverage industry, cinnamaldehyde is often used in a range of 9 ppm to 4900 ppm.
Cinnamaldehyde is extensively utilized in various end-use applications such as flavor & fragrance, agriculture, healthcare, and other (including corrosion inhibitor). Among these applications, flavor & fragrance is estimated to be the leading segment and hold a major share of the market.
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Rise in demand for personnel care products to drive the cinnamaldehyde market
Rising urbanization coupled with increasing disposable income of consumers is anticipated to drive the perfume market during the forecast period. Furthermore, increase in spending by consumers on personal care products and rise in research & development activities about the benefits associated with fragrance are driving the cinnamaldehyde market.
Additionally, development of new flavors with improved taste and increased emphasis on unique taste in processed food products are estimated to drive the global flavors market, which in turn is anticipated to drive the cinnamaldehyde market in the near future.
In the agricultural sector, cinnamaldehyde is utilized as an antifungal agent, for corn rootworm attractant, and dog and cat repellent. Moreover, it can also be employed as a casing in soil for growing mushrooms, row crops, turf, and other food commodities. Use of cinnamaldehyde as a fungicide and insecticide is projected to drive the market during the forecast period.
Flavor & fragrance segment to offer attractive opportunities
Increase in demand for personal care products coupled with the expansion of food and beverages segment is expected to propel the cinnamaldehyde market during the forecast period. Rise in usage of flavors in pharmaceutical, supplements for diets, and nutraceuticals is anticipated to boost the flavor & fragrance segment in the near future.
Rise in industrialization across the globe has led to the increase in manufacturing of scented or flavored commodities such as refined food, soaps, detergents, household cleaners, personal care products and oral hygiene products. All these factors are expected to fuel the flavor & fragrance segment of the market.
Additionally, utilization of cinnamaldehyde in a wide range of food products, such as non-alcoholic beverages, ice cream, candy, baked goods, chewing gum, and meats, is expected to offer lucrative opportunity to the cinnamaldehyde market in the near future.
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Increase in regulations on cinnamaldehyde to hamper the market
Cinnamaldehyde is an allergy causing agent in humans and numerous reports state that it can cause skin irritation in humans. The Scientific Committee on Consumer Safety have recommended the limit of 0.01% cinnamaldehyde, as a fragrance in cosmetic products.
According to the current IFRA guidelines, the limit sets the usage of cinnamaldehyde in a concentrations of about 0.02% in lip care and deodorant products, 0.04% in intimate wipes, 0.4% in mouthwashes, and 0.05% in all other personal care products including fragrances.
Key players operating in the Cinnamaldehyde market
Demand within cinnamaldehyde market is highly concentrated, with the top manufacturers accounting for a major share of the global market. Key players operating in the cinnamaldehyde market include
LANXESS AG
Emerald Performance Materials, LLC
Aurochemicals
Payan Berthand S.A.
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