#Cinnamic Acid Market Growth

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Market Entry Strategies for New Entrants in the Cinnamic Acid Market: A Comprehensive Guide

Cinnamic acid is an organic compound derived from cinnamon that possesses properties like antimicrobial, antioxidant, anti-inflammatory and UV protective attributes. Cinnamic acid finds wide application as flavouring agents in food & beverages, fragrance & perfumes as well as various pharmaceuticals. The growth in demand for natural flavoring agents from beverage and food industries has fuelled the consumption of cinnamic acid. Cinnamic acid is predominantly used in artificial vanilla and cinnamon flavours as well as in various dairy and sweet products.

The global cinnamic acid Market is estimated to be valued at US$ 24.33 Bn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market OpportunityThe rising demand for functional beverages like energy drinks, flavored water and fruit juices have provided impetus to the use of cinnamic acid as flavoring enhancer. Cinnamic acid helps in masking undesirable or unfavorable flavors as well as enhances desirable fruit flavors. Furthermore, it inhibits microbial contamination making products shelf stable for longer duration. The projected growth of the global functional beverage market at a CAGR of around 7% during 2023-2030 will foster the consumption of cinnamic acid as natural flavoring agent in the coming years.

Porter's Analysis

Threat of new entrants: The market has moderate barrier for new entrants due to established key players presence and capital requirement for R&D.

Bargaining power of buyers: Large buyers like food and beverages industry have significant bargaining power due to the fragmented nature of suppliers.

Bargaining power of suppliers: The suppliers have moderate bargaining power due to differentiated products and dependence of buyers on a wider supplier base.

Threat of new substitutes: Threat from new substitutes remains low due to lack of close substitutes that can offer the antimicrobial properties of cinnamic acid.

Competitive rivalry: Intense competitive rivalry exists among the key global players.

SWOT AnalysisStrength: Versatility in applications across industries like food, cosmetics. Antimicrobial properties aid in preservation.Weakness: Supply chain disruptions影响原材料供应 during COVID-19 pandemic. Significant capital requirement for compliance with stringent regulations.Opportunity: Increasing demand for natural preservatives boosts market growth. Advances in fermentation technology to lower production costs.Threats: Fluctuations in raw material prices increase supply risks. Stringent environmental regulations add to compliance costs.

Key Takeaways

The global cinnamic acid market is expected to witness high growth over the forecast period supported by wide applications across industries. The Asia Pacific region accounts for more than 35% of the global market value due to China being the dominant producer as well as consumer.

Regional analysis of Asia Pacific region indicates increasing per capita consumption in nations like India and Southeast Asia economies will drive the fastest market growth during the forecast period supported by rising health awareness. The growing trends towards natural preservatives boosts product adoption across food and cosmetics industries in the region.

Key players operating in the cinnamic acid market are BASF, Guangzhou Shiny Co. Ltd., BestAroma Biotech, Daurala Organics, Yuancheng Saichuang Technology, Wuhan Organic Material, Omega Ingredients, Elan Chemical Company, DSM, King-Pharm, Kay Fries, Juhua Group, and Bayer ltd. amongst others. BASF and Juhua Group captures over 30% of total market share.

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Cinnamic Acid Market Dynamics: Supply Chain and Distribution In sights

Cinnamic acid is a white crystalline compound, which is freely soluble in organic solvents. It is suitable for use as a flavoring agent, as it has odor similar to honey.

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Pyrotechnic Chemicals Market – Forecast (2022-2027)

The Pyrotechnic Chemicals Market size is estimated to reach more than US$2.8 billion by 2027, after growing at a CAGR of 4.2% during the forecast period 2022-2027. A pyrotechnic composition is a substance or mixture of substances such as calcium nitrate, cinnamic acid, potassium chlorate, potassium nitrate and others that produce an effect through heat, light, sound, gas, or a combination of these as a result of non-detonative self-sustaining exothermic chemical reactions. The industry is expected to grow significantly over the forecast period due to increased use of the product in construction and mining activities. The increasing number of infrastructure development projects in developing countries is expected to drive demand for pyrotechnic chemicals. The covid-19 pandemic majorly impacted the Pyrotechnic Chemicals Market due to restricted production, supply chain disruption, logistics restrictions and a fall in demand. However, with robust growth and flourishing applications across major industries such as construction and others, the Pyrotechnic Chemicals industry is anticipated to grow rapidly during the forecast period.

Pyrotechnic Chemicals Market Report Coverage

The “Pyrotechnic Chemicals Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Pyrotechnic Chemicals industry.

By Type: Proximate Pyrotechnics, Consumer Pyrotechnics and Display Pyrotechnics.

By Application: Fireworks, Safety Matches, Oxygen Candles, Automotive Airbags, Gas-Pressure Blasting and Others.

By End-Use Industry - Transportation (Automotive, Aerospace, Marine and Locomotive), Building & Construction (Residential, Commercial, Industrial and Infrastructure), Mining Industry, Consumer Goods, Entertainment Industry and Orders.

By Geography: North America (the USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Belgium and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World (the Middle East and Africa).

Key takeaways

Asia-Pacific dominates the Pyrotechnic Chemicals Market size. The increase in demand from applications such as fireworks, oxygen candles and others, is the main factor driving the region's growth.

One of the primary factors contributing to the Pyrotechnic Chemicals Market's favorable outlook is significant growth in the automotive industry around the world.

The flourishing building and construction industry is boosting the demand for Pyrotechnic Chemicals for applications, thereby driving the Pyrotechnic Chemicals industry.

However, Health Hazards related to Pyrotechnic Chemicals are limiting the Pyrotechnic Chemicals Market growth.

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Pyrotechnic Chemicals Market Segment Analysis – by Application

The Fireworks held a significant share in the Pyrotechnic Chemicals Market share in 2021 and is projected to grow at a CAGR of 4.5% during the forecast period 2022-2027. Pyrotechnic chemicals such as calcium nitrate, cinnamic acid, potassium chlorate and others are used to make fireworks. Global trends in spectacular fireworks are boosting the pyrotechnics chemical market. For instance, every year on July 4th, a massive fireworks display to celebrate American independence requires a significant amount of engineering and creativity in the pyrotechnics sector. With the rise in fireworks production across the globe, the demand for pyrotechnic chemicals is anticipated to rise for various applications, which is projected to boost the pyrotechnic chemicals industry’s growth during the forecast period.

Pyrotechnic Chemicals Market Segment Analysis – by Application

Automotive held a significant share in the Pyrotechnic Chemicals Market share in 2021 and is projected to grow at a CAGR of 4.9% during the forecast period 2022-2027. Pyrotechnics chemicals are used in a variety of automotive applications, including airbags and belt pretensioners. Increasing demand for transportation is driving the Pyrotechnic Chemicals Market. According to the Energy Information Administration (EIA), by 2035, there will be 1.7 million automobiles worldwide. According to the International Organization of Motor Vehicle Manufacturers (OICA), automobile output increased by 10% in the first nine months of 2021, to 57.26 million vehicles, up from 52.15 million units in the same period last year. With the rise in automotive production across the globe, the demand for pyrotechnic chemicals is anticipated to rise for various applications, which is projected to boost the pyrotechnic chemicals industry growth in the automotive industry during the forecast period.

Pyrotechnic Chemicals Market Segment Analysis – by Geography

The Asia-Pacific held a significant share in the Pyrotechnic Chemicals Market share in 2021 up to 38.9%. The flourishing growth of pyrotechnic chemicals is influenced by its major applications across major industries, along with growing development in automotive production and developing the base for pyrotechnic chemicals in APAC. The automotive sector in Asia-Pacific is rapidly growing due to a flourishing base for automotive manufacturers, demand for automotive compounds and production rise. According to India Brand Equity Foundation, in 2021, the Indian passenger car market was valued at US$ 32.70 billion and it is expected to grow to US$ 54.84 billion by 2027. According to International Trade Administration, China remains the world's largest vehicle market in terms of both annual sales and manufacturing output, with domestic output expected to reach 35 million vehicles by 2025. Thus, the growth of pyrotechnic chemicals in the region is being aided by the increasing automotive sector in APAC, thereby dominating the market in the Asia-Pacific region.

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Pyrotechnic Chemicals Market Drivers

Rising Demand for Consumer Goods:

Pyrotechnics are used in a wide range of consumer goods applications, including oxygen candles, fireworks and others. Increasing demand for the variety of consumer goods across the globe is driving the Pyrotechnic Chemicals Market in the consumer goods industry. For instance, In January 2021, Fireworks, based in Silicon Valley, has now launched in India. According to India Brand Equity Foundation, the market for consumer durables in India is expected to reach US$ 34 billion by 2025. With the rise in consumer goods production across the globe, the demand for pyrotechnic chemicals is anticipated to rise for various applications, which is projected to boost the pyrotechnic chemicals industry growth.

Bolstering Growth of the Defence and Military Industry:

Pyrotechnic chemicals are widely used in military applications. When a large amount of noise, light, or infrared radiation is required, military pyrotechnics are used for missile decoy flares, flash powders and stun grenades, thereby driving the pyrotechnic chemicals market. Moreover, an increase in government spending will also propel market growth. According to Delhi Policy Group, Overall defense expenditure for FY 2021-2022 is Rs.3,62,345.62 Crore (US$ 49.6 billion), an increase of Rs.24,792.62 Crore (US$ 3.4 billion) over FY 2020-2021 Budget Estimates in India. According to the Military of Defence, UK, in 2020/21, the government spend £42.4 billion on defense, a £2.5 billion increase over the previous year. With the increasing military and defense industry, the demand for pyrotechnic chemicals will also likely increase, as a result of which the pyrotechnic chemicals industry will be flourished over the forecast period.

Pyrotechnic Chemicals Market Challenge

Stringent Regulations:

The presence of stringent regulations is expected to hinder the Pyrotechnic Chemicals industry's growth over the forecast period. For instance, the Consumer Product Safety Commission is authorized to regulate hazardous substances, including fireworks devices, under the Federal Hazardous Substances Act (FHSA; 15 U.S.C. 1261-1278). Pyrotechnic Chemicals caused significant harm to humans, animals and the environment as a result of the noise and pressure released during mining operations. Moreover, Volatile raw material costs such as calcium nitrate, cinnamic acid and potassium chlorate, complexity and safety of manufacturing processes all add to the cost of the finished product, which is expected to have a negative impact on market growth over the forecast period. Thus, these are some of the key obstacles to the Pyrotechnic Chemicals industry.

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Pyrotechnic Chemicals Industry Outlook

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Pyrotechnic Chemicals Market. The top 10 companies in the Pyrotechnic Chemicals Market are:

Solar Industries India

Melrose Pyrotechnics

Zambelli Fireworks

Pyro Company Fireworks

Angelfire Pyrotechnics

Howard & Sons

Skyburst

Entertainment Fire-works

Supreme Fireworks

Celebration Fireworks

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Benzaldehyde Market Outlook: World Approaching Demand & Growth Prospect 2022-2027

Latest Report Available at Advance Market Analytics, “Benzaldehyde Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth. The global Benzaldehyde market focuses on encompassing major statistical evidence for the Benzaldehyde industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study. In addition the Benzaldehyde study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production, and utilized strategies are also marked. Some key players in the global Benzaldehyde market are

Kadillac Chemicals Pvt. Ltd. (India)

Shimmer Chemicals Pvt. Ltd. (India)

Emerald Performance Materials LLC (United States)

Gujarat Alkalies and Chemicals Limited (GACL) (India)

Haihang Industry Co. Ltd. (China)

Nantong Tianshi Chemical Co. Ltd. (China)

Jiangsu Jiamai Chemical Co. Ltd. (China)

Shenyang Huijinfengda Chemical Co. Ltd. (China)

Chematek S.p.A., Wuhan Dico Chemical Co. Ltd. (Italy)

Lianyungang Taile Chemical Industry Co. Ltd. (China)

Merck KGaA. (Germany)

Benzaldehyde also identified as benzoic aldehyde, is an aromatic compound that belongs to the functional group of aldehydes. It is widely used in the chemical industry for the manufacturing of dyes, Pharmaceutical, plastics, perfumes, mandelic acid, and cosmetics and in the food and beverage industry. It is also used as a solvent for resins, oils, cellulose ethers, cellulose acetate, and nitrate. The compound is extensively used in organic synthesis, where it is used as a raw material for a large number of products. What's Trending in Market: Increasing Use of the Derivatives of the Aromatic Compound for the Synthesis of Other Organic Compounds

Market Growth Drivers: Socio-Economic Development across the Emerging Economies

Increasing Application of Its Derivatives

Increasing Demand for Benzaldehyde as an Active Pharmaceutical Ingredient (API) In the Pharmaceutical Industries

Increasing Demand in Agricultural (Agrochemicals) Applications

The Global Benzaldehyde Market segments and Market Data Break Downby Type (Technical grade, FCC grade), Application (Aroma Chemicals, Pharmaceuticals, Agrochemicals, Food & Beverages, Dyes & Coatings, Others), Production Process (Toluene Chlorination Process, Toluene Oxidation Process), Derivatives (Benzoic Acid, Sodium Benzoate, Benzyl Alcohol, Cinnamic Acid, Others)

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AMA Research & Media LLP

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Growth Opportunities in the Benzenoid Market

The global benzenoid market size is estimated to be USD 651 million in 2020 and is projected to reach USD 857 million by 2025, at a CAGR of 5.6% during the forecast period. The market is primarily driven by factors such as steadily goring cosmetics, personal care and beauty market, cheaper availability of raw materials, and increasing trend of unique aroma formulations.

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The benzenoid chemicals market is dominated by few globally established players such as Tennants Fine Chemicals Ltd. (England), Jayshree Aromatics Pvt. Ltd. (India), Emerald Kalama Chemical (US), International Flavors & Fragrances, Inc. (US), and Eternis Fine Chemicals (India). These players have adopted various growth strategies such as partnerships, agreements, collaborations, and new product launches to increase their presence in the global market.

Jayshree Aromatics Pvt. Ltd. has gradually emerged as a strong player globally in the aroma chemicals sector. The company’s operations are a 100% concentrated on exports. The company has a strong backing for conducting processes, such as chlorination, hydrogenation, distillation and acetylation, in the same premise. The company’s growth is firmly driven by innovative chemistry and technology. Jayshree Aromatics Pvt. Ltd. has maintain a strong certification portfolio including ISO, HACCP, FSSAI, HALAL & KOSHER and REACH certifications. These have helped the company develop as a strong exporter of the aroma chemicals globally.

Tennants Fine Chemicals is a key aroma chemicals and acetate ester chemicals manufacturer in the UK. It is owned by Tennants Consolidated Ltd. The company serves manufacturers with chemicals required in primary manufacturing processes and has over the years successfully developed an export network in over 90 countries worldwide. The three key areas of operation of the organization include: distribution of chemicals, production of specialty chemicals and services. Tennants Fine Chemicals Ltd. has established manufacturing sites in North America, South America, Europe and China.

Emerald Kalama Chemical a business unit of Emerald Performance Chemicals offers wide range of flavor and fragrance intermediates, food & beverages preservatives, plasticizers, and other additives. This company was formed after the merger of aroma chemical business of Innospec Inc. in 2015 with Emerald Kalama, after an investment of USD 40 million.  It focuses on investing in the toluene oxidation chemistry. It is one of the leading global producers of benzoic acid, benzyl alcohol, benzaldehyde, sodium benzoate, potassium benzoate, and specialty derivatives such as linear aldehydes and hexyl cinnamic aldehyde. The company offers its products through three product segments, namely, benzoates & intermediates, aroma chemicals/flavor & fragrance, and K-FLEX (non-phthalate, low-VOC plasticizers, and coalescent). The company has its manufacturing facilities located in Kalama (US), Rotterdam (Netherlands), and Widnes (UK). It offers its products to 70 countries across the globe. The company majorly exports benzoic acid to various plastic additive manufacturers in Asia. Aroma chemicals are exported to the key markets of Mexico and Argentina. Some of its key clients in these markets are Firmenich Argentina, Brenntag, and IFF Mexico.

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China ranks first in terms of imports and exports of organic chemicals globally. The global chemical industry has seen a 7% annual growth rate. countries such as China, Japan, South Korea, Indonesia are doing exceedingly well in the cosmetics, beauty and personal care products market. According to Istrata reports, Southeast Asia revenue in the Beauty and Cosmetics segment amounts to USD25.449 billion in 2020 where 74% of sales contribute to mass-marketed cosmetics and 26% on luxury items. Thus the region accounts for the largest market shares in the global benzenoid market.

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APAC to Spearhead the Global Benzaldehyde Market over 2030

Global Benzaldehyde Market - Overview

Benzaldehyde also referred to benzoic aldehyde or benzenecarboxy aldehyde. It is a colourless substance and holds a pleasant odour. Benzaldehyde is extensively used as a synthesiser in various chemical additives and aromatic chemicals. As per a report published by Market Research Future (MRFR), the global benzaldehyde market was esteemed at USD 225.0 million of every 2015 and is required to arrive at USD 282.7 million before the finish of 2022, extending at a CAGR of 3.5 % from 2021 to 2030.

Benzaldehyde Market is commonly produced by chlorination of toluene, however, manufacturers are opting for other ways of production owing to safety issues associated to chlorination. Benzaldehyde, which is produced by chlorination of toluene is not permitted for use by the food industry. The toluene oxidation process is gaining traction across various end-use industries including the F&B sector owing to higher safety parameter.

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Global Benzaldehyde Market – Prominent Players Emerald Performance Materials LLC,Gujarat Alkalies and Chemicals Limited,LANXESS AG,Kadillac Chemicals Pvt Ltd,Jiangsu Jiamai Chemical Co. Ltd,Wuhan Dico Chemical Co. Ltd,Penta S.R.O,Taj Pharmaceutical Limited, are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Benzaldehyde Market. Market Boosters and Barriers

The benzaldehyde market is witnessing a healthy growth backed by consistent socio-economic improvement in developing countries. This has led to a higher purchasing capacity of people and has resulted in the growth of major end-use sectors like personal care and food and beverage. The compound’s escalating use as a flavoring agent and in the manufacturing of fragrances can translate into significant market growth over the coming years. Since the COVID-19 outbreak, the demand for soaps and detergents has risen strikingly, as the population is focusing on hygiene and cleanliness. As a result, the demand for the benzaldehyde market is projected to heighten rapidly in the following years. A significant percentage of global benzaldehyde consumption is accounted by aroma chemical manufacturing. Agrochemical and pharmaceutical are the other major end-use industries of benzaldehyde. Growing demand for aromatic chemicals worldwide is proving an impetus to the global benzaldehyde market. The product is also witnessing widespread popularity in in the pharmaceutical sector; it is increasingly used as an active pharmaceutical ingredient (API). The agrochemical sector also presents lucrative opportunities to market players. Demand for benzaldehyde is rising sharply in the agrochemicals industry.

Demand for food grade benzaldehydes is also growing at a substantial pace. Growth of the F&B sector and increased consumption of packaged food worldwide is fuelling the demand for food grade benzaldehyde. The product also finds application in dyestuff manufacturing and fragrance and flavour creation. Such factors are expected to support the growth of the global benzaldehyde market during the assessment period. Nonetheless, unstable crude oil prices may have ramification on supply and availability of raw materials use for benzaldehyde production. At the same time, stringent regulations on manufacturing and used of Benzaldehyde Market Size is somewhat undermines the market potential. In developing countries, the unfragmented nature of the market also remains a challenge.

Access Complete Report @ https://www.marketresearchfuture.com/reports/benzaldehyde-market-2040 Benzaldehyde Market   - Segments:

Benzaldehyde industry can be segmented with respect to derivatives as well as application.

The derivatives of benzaldehyde are benzoic acid, cinnamic acid, benzyl alcohol, sodium benzoate, and others. The benzoic acid segment has captured the biggest share in the global market as this derivative is widely used in pharmaceutical, chemical and food and beverages industries. It has a number of functional features such as antifungal and antibacterial effects and is a natural compound present in fruits like raspberries, prunes, prunes, cranberries, and plums.

The top applications of benzaldehyde are pharmaceuticals, dyes & coatings, agrochemicals, aroma chemicals, and others. The lead has been taken by aroma chemicals, which extensively use benzaldehyde for recreating almond and artificial cherry flavors for applications in the food and beverage sector. Moreover, during the manufacturing of a few flavor and fragrance types, such as cinnamic and cinnamaldehyde acid, benzaldehyde acts as an essential component; and therefore, the segment is expected to maintain its lead throughout the review timeframe. Buy Now @ https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=2040              

Global Benzaldehyde Market -Regional Analysis

The benzaldehyde industry has been geographically categorized as Europe, the Middle East & Africa (MEA), Asia Pacific (APAC), Latin America along with North America.

Asia Pacific forms the biggest market for benzaldehyde and can continue to soar at a rate of 4.2% from 2020 to 2027. By 2022, the market size in APAC is expected to be USD 152 million, thanks to the strong presence of established manufacturers, cheap labor costs, and the surge in industrialization rate. China stands at the vanguard of the regional market, mostly due to the low labor costs and the significant quality control and the rampant use of modern technologies during the manufacturing process. Other countries like South Korea, Indonesia and Japan are also making remarkable progress, as a result of the expanding industries like beauty, personal care products and cosmetics that make heavy use of benzenoid chemicals.

North America is touted to be one of the strongest players in the global market, given that the region is home to several renowned manufacturers that focus on innovations in benzaldehyde and explore new applications for its derivatives for use in major end-use industries. Benzaldehyde’s escalating use as an anticancer agent as well as a pesticide in the United States should also help North America attain a higher position in the global market. Read more reports at: https://www.marketresearchfuture.com/categories/chemicals-market-report Read more details at: https://www.marketresearchfuture.com/infographics Read more details at: https://www.marketresearchfuture.com/videos About Market Research Future:- At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact Us: Wantstats Research and Media Private Limited 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Maharashtra, India

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Benzaldehyde Industry | Growth, Trends, Size, Demand, Key Player profile and Regional Outlook by 2030

The Global Benzaldehyde Market has been evaluated as steady growing market and expected that the market will reach high growth figures. Benzaldehyde is colorless liquid with almond fragrance as it can be extracted from cherry stone and almond using enzyme. The benzaldehyde produced by oxidation of toluene or treating benzal chloride with alkali. Air oxidation of toluene uses liquid phase process to extract synthetic benzaldehyde. With increase in usage of benzaldehyde in wide area of application like pharmaceutical, aroma chemicals and agrochemical industries is propelling the growth of benzaldehyde market. Aroma chemicals share a largest market in this market. Moreover, increase in demand of cosmetics, perfumes and personal care products is expected to boost the market of aroma chemical. Pharmaceutical share second largest market share followed by agrochemicals owing to increase in demand for pesticide and herbicides in agriculture. Other industries like food & beverages and dye & coating are exhibiting higher demand in coming years.

Based on derivatives, benzoic acid share largest market. benzoic acid is largely used in food and agriculture industry. These industries are expected to grow in forecasted period due to rise in consumption rate and growing population. Increase in demand for personal care products, perfumes and cosmetics are ultimately increasing demand for benzaldehyde as it is used to provide fragrance. Benzaldehyde acts as stabilizer and sweetener in food industry. Therefore, it is expected to grow the benzaldehyde market in near future.

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As benzaldehyde is used as flavoring agent, it is best used in aroma chemicals. The FDA has also approved benzaldehyde as synthetic flavoring substance which is safe to be used in food and agrochemicals products. The growing economy of Asia-Pacific region such as India and China are blooming the benzaldehyde market growth. This is attributed due to growing end user industries, improving infrastructure and wide application. Government regulation regarding the usage of chemicals in particular industries will hamper the market. North America is expected to show steady growth due to steady innovation in benzaldehyde and saturation of application industries. Europe is expected to be slow market as usage of certain chemicals in industries is prohibited by government.

Global Benzaldehyde Market Players:

The major participants of this market are: Emerald Performance Materials LLC, Gujarat Alkalies and Chemicals Limited, LANXESS AG, Kadillac Chemicals Pvt Ltd, Jiangsu Jiamai Chemical Co. Ltd, Wuhan Dico Chemical Co. Ltd, Penta S.R.O, and Taj Pharmaceutical Limited.

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Segmentation:

The Global Benzaldehyde Market is majorly segmented on the basis of derivatives and application. Based on derivatives, the market is segmented into cinnamic acid, benzoic acid, sodium benzoate, benzyl alcohol and others. Further on the basis of application the market is classified into dyes & coatings, pharmaceuticals, aroma chemicals, agrochemicals and others.

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Shea Butter Market Landscape Assessment By Type, Opportunities And Higher Growth Rate By 2030

Global Shea Butter Market was valued at US$ 1.7 Bn in 2018 and is expected to reach US$ 2.67 Bn by 2026, at a CAGR of 5.81% during a forecast period.

Cosmetics & personal care industry is expected to surge the market growth during the forecast period owing to growing usage of Shea butter in this industry. Shea butter has cinnamic acid, which saves skin from the ultraviolet rays is boosting the market growth during the forecast period. In addition, it has anti-aging properties and helps to soften skin and regeneration of tissue cell are also expected to drive the market in the cosmetic & personal care industry.

Shea butter is used in various type skins, hair, and food products and has several healing properties. Major driving factors of the market are various governments are restricting the usage of Shea butter in products such as chocolate, increasing disposable incomes, and growing concerns regarding fitness. Rising consumer preference towards the Shea butter products is propelling the market growth. Shea butter products have A & E vitamins, which are expected to fuel the market growth owing to rising health awareness among consumers across the globe. The medical industry is boosting the market growth owing to rising usage of Shea butter in various treatments as it contains cinnamic acid and it is very flexible. In addition, Shea butter has properties such as antioxidants, recover skin damage, and also improve health of skin & hair are boosting the market growth.

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Europe is expected to hold the largest share in the market during the forecast period owing to developed economy and growing consumer awareness. Government is promoting the usage of Shea butter is another driving factor of the market. Asia Pacific is estimated to generate the highest CAGR during the forecast period owing to rising trend of fashion, which is boosting the market growth in the cosmetic & personal care industry. Rising population and changing living standards of the consumers are also expected to surge the market growth in a positive way in this region. India and China are projected to fuel the market growth during the forecast period as rising consciousness regarding health and growing western culture influence in these countries.

The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, PESTLE analysis, Value Chain Analysis, and SWOT analysis.

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Key player’s studies, analyzed, profiled and benchmarked inShea Butter Market areGhana Nuts Ltd, Maison Karite Sociedad Limitada, Adunni Ori Ltd., Timiniya Tuma Company Ltd., and Savanna Shea Industries. The Scope of the Report for Shea Butter Market

Global Shea Butter Market, by Type

Raw and Unrefined Shea Butter

Refined Shea Butter

Global Shea Butter Market, by Application Food Cosmetics & Personal Care Medical Others

Global Shea Butter Market, by Region North America Europe Asia Pacific Middle East & Africa South America

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Key Players Operating in Global Shea Butter Market Ghana Nuts Ltd Maison Karite Sociedad Limitada Adunni Ori Ltd. Timiniya Tuma Company Ltd. Savanna Shea Industries Star Shea Ltd Shea Radiance VINK CHEMICALS GMBH & CO. KG Jedwards International, Inc IOI Loders Croklaan Lovinah Naturals Maison Karite Sociedad Limitada Shebu Industries Shea Therapy Ltd

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Strategic Approaches in the Cinnamic Acid Market: Competitive Landscape and Business Strategies

Cinnamic acid is an organic compound derived from cinnamon that possesses properties like antimicrobial, antioxidant, anti-inflammatory and UV protective attributes. Cinnamic acid finds wide application as flavouring agents in food & beverages, fragrance & perfumes as well as various pharmaceuticals. The growth in demand for natural flavoring agents from beverage and food industries has fuelled the consumption of cinnamic acid. Cinnamic acid is predominantly used in artificial vanilla and cinnamon flavours as well as in various dairy and sweet products. The global cinnamic acid Market is estimated to be valued at US$ 24.33 Bn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Opportunity

The rising demand for functional beverages like energy drinks, flavored water and fruit juices have provided impetus to the use of cinnamic acid as flavoring enhancer. Cinnamic acid helps in masking undesirable or unfavorable flavors as well as enhances desirable fruit flavors. Furthermore, it inhibits microbial contamination making products shelf stable for longer duration. The projected growth of the global functional beverage market at a CAGR of around 7% during 2023-2030 will foster the consumption of cinnamic acid as natural flavoring agent in the coming years.

Porter's Analysis Threat of new entrants: The market has moderate barrier for new entrants due to established key players presence and capital requirement for R&D.

Bargaining power of buyers: Large buyers like food and beverages industry have significant bargaining power due to the fragmented nature of suppliers.

Bargaining power of suppliers: The suppliers have moderate bargaining power due to differentiated products and dependence of buyers on a wider supplier base.

Threat of new substitutes: Threat from new substitutes remains low due to lack of close substitutes that can offer the antimicrobial properties of cinnamic acid.

Competitive rivalry: Intense competitive rivalry exists among the key global players.

SWOT Analysis Strength: Versatility in applications across industries like food, cosmetics. Antimicrobial properties aid in preservation.

Weakness: Supply chain disruptions影响原材料供应 during COVID-19 pandemic. Significant capital requirement for compliance with stringent regulations.

Opportunity: Increasing demand for natural preservatives boosts market growth. Advances in fermentation technology to lower production costs.

Threats: Fluctuations in raw material prices increase supply risks. Stringent environmental regulations add to compliance costs.

Key Takeaways The global cinnamic acid market is expected to witness high growth over the forecast period supported by wide applications across industries. The Asia Pacific region accounts for more than 35% of the global market value due to China being the dominant producer as well as consumer.

Regional analysis of Asia Pacific region indicates increasing per capita consumption in nations like India and Southeast Asia economies will drive the fastest market growth during the forecast period supported by rising health awareness. The growing trends towards natural preservatives boosts product adoption across food and cosmetics industries in the region.

Key players operating in the cinnamic acid market are BASF, Guangzhou Shiny Co. Ltd., BestAroma Biotech, Daurala Organics, Yuancheng Saichuang Technology, Wuhan Organic Material, Omega Ingredients, Elan Chemical Company, DSM, King-Pharm, Kay Fries, Juhua Group, and Bayer ltd. amongst others. BASF and Juhua Group captures over 30% of total market share.

[chemicalsources]

Cinnamic Acid Market Growth: Meeting Global Standards for Cleanliness

Cinnamic acid is an organic compound that has both phenol and acrylate functional groups. It is predominantly used to produce fragrances and flavors. It occurs naturally in cinnamon and is also found in various fruits and vegetables. Cinnamic acid imparts sweet and warm aroma, and is widely used in the personal care and food & beverage industries. It is commonly used as a natural preservative and flavoring agent in processed food products. In personal care products, cinnamic acid is used in various skincare and hair care products due to its antioxidant and anti-inflammatory properties.

The cinnamic acid market is estimated to be valued at US$ 24.33 Bn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights Market Dynamics: The rising demand for natural ingredients from personal care industry is the major factor driving the growth of cinnamic acid market. Consumers are increasingly preferring personal care products that contain natural and plant-derived ingredients over synthetic ones. .

[reportr]

Cinnamic Aldehyde Market  forecast 2021 by Manufacturers, Regions, Type and Application, Forecast to 2027

Market Segmentation

The global Cinnamic Aldehyde Market is segmented into nature, application, end use industry, and region. On the basis of nature, the market is segregated into organic and synthetic. The synthetic cinnamic aldehyde is produced by reacting benzaldehyde with acetaldehyde.

Based on the application, the market is segmented into fragrance agent, flavor agent, insecticides, anti-microbial, anti-cancer, oral care, animal feed, and others. Flavor agent accounted for the largest market share as a result of increasing use in the households and food & beverage industry. The product use, as a fragrance agent, is increasing in deodorants, detergents, cleansers, and cosmetics. Cinnamic aldehyde helps to fight against tooth decay, bad breath, cure diabetes and reduce infections owing to antibacterial and antifungal properties.

Based on the end use industry, the market is divided into household, food & beverages, cosmetic & personal care, agriculture, healthcare, and others. The food & beverage industry accounted for the largest market share as a result of increasing demand for nutritious food products and beverages. The product consumption is rising in cosmetics & personal care industry with growing prevalence of various cosmetics brands in the market such as L’Oreal, Avon, and Lakme across the regions.

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 Regional Analysis

Based on the region, the cinnamic aldehyde market is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Asia Pacific is the fastest growing region in the cinnamic aldehyde market owing to the increasing demand for nutritious food and energy drink with rising health consciousness among the consumers. Increasing spending on the cosmetics & personal care industry is driving the market growth further.

North America is the second largest region in the cinnamic aldehyde market with increasing spending on personal care products coupled with high per capita income. Moreover, growing aging population coupled with rising health awareness is uplifting the market growth.

Europe is another significant region in the market due to growing food & beverage industry with increasing consumption of packaged food products among working population.

Latin America and the Middle East & South Africa regions are likely to witness moderate growth during the review period with significant growth of cosmetics and personal care industry.

 Competitive Analysis

Some of the key players in the global cinnamic aldehyde market are Kao Corporation (U.S.), Emerald Performance Materials (U.S.), Finoric (U.S.), Jayshree Aromatics Pvt Ltd (India), Muby Chemicals (India), Payan Bertrand S.A. (France), LANXESS (Germany), Yingcheng Wuhan Organic Material Co., Ltd (China), Merck KGaA , Sigma-Aldrich (Germany), and Graham Chemical (U.S.).

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 https://www.marketresearchfuture.com/reports/glyoxylic-acid-market-3158

[sayalibhokare]

Cinnamic Acid Market Exhibits a Stunning Growth Potentials | BASF, Guangzhou Shiny Co.& DSM

Cinnamic acid is extremely essential due to its therapeutic applications in the form of derivatives. Due to a surge in the number of people suffering from tuberculosis and malaria, particularly in rural regions, emerging nations such as India and Brazil are the largest markets for cinnamic acid. As a result, the demand for cinnamic acid in these countries would increase. The demand for cinnamic acid is also fueled by its use in the cosmetics industry. Skin care products are in high demand in industrialised countries such as the United States, Russia, and other European markets.

The global cinnamic acid market is divided into five regions: North America, Latin America, Asia Pacific, Europe, the Middle East, and Africa. Due to the rise of the cosmetics and fragrance/perfumes industries in the area, Asia Pacific is expected to have a leading position in the worldwide cinnamic acid market over the forecast period.

read more @ https://bhaokresayali.blogspot.com/2021/08/cinnamic-acid-market-growth-rate.html

[wenickjones]

UV Filter Market Growth, Application Insights, Latest Trends, Demand And Forecast 2021-2028

The Global UV Filter Market 2021-2028 Report provides an in-depth analysis on the studied market that helps to seem at the longer term requirement also as prediction. The UV Filter market Report evaluates the market by key market players, opportunities, value, trends, growth, market share, market competition landscape, recent developments and sales volume analysis. Additionally, it magnifies the chance for decision-making and helps create an efficient counter-strategy to realize a competitive advantage. The report provides up-to-date review of the present global market scenario, the newest developments and drivers, and therefore the overall market environment is given within the study.

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It provides the impact and recovery of Covid-19 pandemic on the UV Filter market. Relevant statistical data is additionally provided within the report back to recognize the challenges caused by the outbreak of Covid-19 and methods to cope up with the present scenario.

In addition to the present, the report also covers the section of competitive landscape of the worldwide market, which incorporates the market share & positioning of all the leading players within the industry. The competitive landscape analysis provides in-depth analysis of the company’s business and performance including company overview, recent investments by top players, financial information of market players, business strategy, revenue breakup by segment and by geography, SWOT Analysis, key product offering, marketing and distribution strategies, new development. a neighborhood of recent news & development has been added to the report which covers the newest information that are related with the market covering the acquisition, expansion, technology development, research & development activities, and other market activities.

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The Following are the Key Features of Global UV Filter Market Report:

Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis

Growth Drivers and Barriers, Market Trends & Market Opportunities

Porter’s Five Forces Analysis & Trade Analysis

Market Forecast Analysis for 2021-2028

Market Segments by Geographies and Countries

Market Segment Trend and Forecast

Market Analysis and Recommendations

Price Analysis

Key Market Driving Factors

UV Filter Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.

Global UV Filter Market Segmentation Analysis:

By Type                                          

- Organic

Cinnamates

PABA Derivatives

Dibenzoyl Derivatives

Salicylates

Benzophenones

Polysilicone-15

Camphor Derivatives

Triazine and Triazole Derivatives

Benzimidazole Sulfonic Acid Derivatives

Anthranilates

- Inorganic

Titanium Dioxide

Zinc Oxide

By Formulation

- Gels

- Creams

- Powder

- Lotions

- Sprays

- Wipes

By SPF

- SPF 6-14

- SPF 15-30

- SPF 31-50

- SPF 50+

Regional Insights:

The report analyses the market by geographies i.e. North America, Europe, Asia Pacific, Latin America & Middle East & Africa. Further, the regions are fragmented into the country and regional groupings:

- North America (U.S. & Canada)

- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)

- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)

- Latin America (Brazil, Mexico, and Rest of Latin America)

- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)

Reasons to purchase the report:

Identify possible investment areas supported a comprehensive analysis of the worldwide UV Filter market over subsequent few years.

Gain in-depth knowledge of the underlying factors that drive demand for UV Filter market and recognize the opportunities provided by them.

Strengthen the business knowledge in terms of industry dynamics, demand drivers, and therefore the latest technological advances among others.

Identify the main channels that drive the demand for UV Filter market, offering a robust image of potential prospects which will be tapped, leading to growth in revenue.

Channelize funds by concentrating on the continued initiatives pursued by the various countries within the global UV Filter market.

Competitive Analysis:

The key players of the market are listed during this section of the study. It helps to know the tactics and alliances that players consider fighting market rivalry. An important microscopic check out the market is given within the detailed study. The major players operating in the Global UV Filter market are

BASF

Symrise

Salicylates and Chemicals

Ashland

DSM

MFCI

Sensient Cosmetic Technologies

Uniproma

Hallstar

CLARIANT AG

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Cinnamic Acid Market - Size, Share, Trends, and Forecast 2019 - 2027

Cinnamic acid is a white crystalline compound, which is freely soluble in organic solvents. It is suitable for use as a flavoring agent, as it has odor similar to honey. It is available naturally from various plants such as cinnamon. In anti-oxidant and anti-diabetic medicines, derivatives of this acid is used as major components. Cinnamic acid is synthesized using Perkin reaction, which requires the base-catalyzed condensation of acetic anhydride and benzaldehyde. Cinnamic acid is used in various applications such as pharmaceuticals, synthetic indigo, fragrance/perfume, in preparation of various esters, amides, and cinnamoyl acids, and others.

Market Dynamics

Increasing demand for cinnamic acid in perfume industry and as a flavoring agent in Asia Pacific region is one of the major factors driving growth of the global cinnamic acid market. Moreover, growing cosmetic industry globally is expected to drive growth of the cinnamic acid market, as cinnamic acid is widely used in various skin care products, especially in sunscreen products.

It is also used in form of derivatives as a diabetic drug. This application of cinnamic acid is also expected to drive growth of the cinnamic acid market, as the number of diabetic patients is increasing, owing to changed lifestyle and improper food eating habits.

Market Outlook

On the basis of region, the global cinnamic acid market is segmented into North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. Asia Pacific is projected to hold dominant position in the global cinnamic acid market over the forecast period due to growth of cosmetics and fragrance/perfumes industries in the region. For instance, according to the U.S. Department of Commerce, International Trade Administration (ITA), Indian Beauty and Personal Care (BPC) industry was valued at US$ 8 billion in 2016 and it is expected to exhibit a CAGR of 5-6% during the forecast period (2019-2027).

Europe and North America regions are major consumers of cosmetics, worldwide and therefore, are major drivers for the cinnamic acid market growth for the past five years. In Middle East, there is high demand for cinnamic acid in perfume industry, which is expected to fuel growth of the cinnamic acid market.

Key Players

Some of the major players operating in the global cinnamic acid market include BASF, Guangzhou Shiny Co. Ltd., BestAroma Biotech, Daurala Organics, Yuancheng Saichuang Technology, Wuhan Organic Material, Omega Ingredients, Elan Chemical Company, DSM, King-Pharm, Kay Fries, Juhua Group, and Bayer ltd. amongst others.

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