Cinnamic Aldehyde Market Overview (2022 to 2032)

Global Cinnamic Aldehyde demand is anticipated to be valued at USD 5.3 Billion in 2022, forecast to grow at a CAGR of 5.2%to be valued at USD 8.8 Billion from 2022 to 2032. Increasing investments in the FMCG business are predicted to drive industry demand due to its great potential.

Report Attributes Details
Estimated Base Year Value (2021) USD  5 Billion
Expected Market Value (2022) USD 5.3 Billion
Anticipated Forecast Value (2032) USD 8.8 Billion
Projected Growth Rate (2022 to 2032) 5.2% CAGR

Cinnamic aldehyde, commonly known as Cinnamaldehyde, is an organic chemical that occurs naturally in the genus Cinnamomum as a pale yellow liquid. It has the chemical formula C9H8O and a phenyl group linked to an unsaturated aldehyde. Cinnamon bark contains 90 percent cinnamic aldehyde. Cinnamic aldehyde was extracted from cinnamon oil for the first time in 1834, and the molecule is a derivative of acrolein, the most basic unsaturated aldehyde.

It is created by steam distilling cinnamon essential oil. It may also be produced by the aldol condensation of benzaldehyde and acetaldehyde, or with the use of cinnamyl alcohol. Commercially, cinnamic aldehyde derivatives such as dihydro cinnamyl, cinnamyl alcohol, and dihydro cinnamaldehyde are employed.

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Which are Some Prominent Drivers Spearheading Cinnamic Aldehyde Market Growth?

The flavor and aroma of cinnamic aldehyde are well recognized. Because of its low toxicity, the cinnamic aldehyde is widely used in food, drinks, fragrances, agrochemicals, and surfactants. For a 70 kg individual, the potential toxicity is 0.5 to 5g/kg. Cinnamic aldehyde mixes well with other volatile compounds and assists in aroma fixing in fragrances.

This scent is utilized in the personal care and domestic care industries. The worldwide household care sector has grown rapidly in both established and emerging nations.

The leading competitors in the household care business have a number of strategies in place to enter and develop in prospective new markets. Furthermore, corporations are always decreasing expenses in order to relieve margin pressure and, eventually, lower end-product pricing.

Currently, household and personal care goods are reasonably priced and have taken a sizable portion of the market. Additionally, supply chain innovation has occurred in order to reach the masses.

What are the Challenges Faced by the Cinnamic Aldehyde Industry?

The tendency of cinnamic aldehyde to induce discomfort if undiluted is a constraint in the cinnamic aldehyde market.

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Why is Asia-Pacific emerging as an Opportunistic Cinnamic Aldehyde Market?

Asia Pacific is expected to lead the industry, accounting for more than 40% of the total. Cinnamon's easy and abundant availability is a primary driver of business expansion. Rising consumer expenditure on food and drinks, along with an increase in the number of industrial facilities, will sustain regional demand.

Changing demographics and income trends causing a preference for lavish consumer products, notably in India, China, Indonesia, and Japan, will have a beneficial influence on the product scope. Furthermore, the expansion of the household care and personal care industries will significantly contribute to the growth of the cinnamic aldehyde market.

How is North America Contributing to Growth of the Cinnamic Aldehyde Market?

According to Future Market Insights, Gains of more than 6% are expected in North America during the forecast period (2022 to 2032). The presence of well-established pharmaceutical enterprises, as well as a strong degree of Drivers, Restraints, Opportunities, and Threats activity, is an essential element fueling market demand. Another element fueling business progress is the growing number of perfume manufacturing facilities in the region.

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Market Competition

Some of the key participants present in the global Cinnamic Aldehyde market include IS Chemical Technology, Labseeker, ABI Chem, Ark Pharma Inc, ApexBio Technology, Timtec, A&J Pharmtech Co. Ltd., Day Biochem, ChemExper Chemical Directory, Sigma-Aldrich, Syntree, Bide Pharmatech among others.

Attributed to the presence of such a high number of participants, the market is highly competitive.

Scope Of Report

Report Attributes Details
Growth Rate CAGR of 5.2% from 2022 to 2032
Base Year for Estimation 2021
Historical Data 2015 to 2020
Forecast Period 2022 to 2032
Quantitative Units Revenue in USD Million, Volume in Kilotons, and CAGR from 2022 to 2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered End Use, Application, Region
Regions Covered North America; Western Europe; Eastern Europe; Asia Pacific Excluding Japan; Japan; Latin America; Middle East and Africa
Key Countries Profiled USA, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa
Key Companies Profiled IS Chemical Technology; Labseeker; ABI Chem; Ark Pharma Inc; ApexBio Technology; Timtec; A&J Pharmtech Co. Ltd.; Day Biochem; ChemExper Chemical Directory; Sigma-Aldrich; Syntree; Bide Pharmatech
Customization Available Upon Request
Table of Content
  • 1. Executive Summary
    • 1.1. Global Market Outlook
    • 1.2. Demand-side Trends
    • 1.3. Supply-side Trends
    • 1.4. Technology Roadmap Analysis
    • 1.5. Analysis and Recommendations
  • 2. Market Overview
    • 2.1. Market Coverage / Taxonomy
    • 2.2. Market Definition / Scope / Limitations
  • 3. Market Background
    • 3.1. Market Dynamics
      • 3.1.1. Drivers
      • 3.1.2. Restraints
      • 3.1.3. Opportunity
      • 3.1.4. Trends
    • 3.2. Scenario Forecast
      • 3.2.1. Demand in Optimistic Scenario
      • 3.2.2. Demand in Likely Scenario
      • 3.2.3. Demand in Conservative Scenario
    • 3.3. Opportunity Map Analysis
    • 3.4. Product Life Cycle Analysis
    • 3.5. Supply Chain Analysis
      • 3.5.1. Supply Side Participants and their Roles
        • 3.5.1.1. Producers
        • 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
        • 3.5.1.3. Wholesalers and Distributors
      • 3.5.2. Value Added and Value Created at Node in the Supply Chain
      • 3.5.3. List of Raw Material Suppliers
      • 3.5.4. List of Existing and Potential Buyers
    • 3.6. Investment Feasibility Matrix
    • 3.7. Value Chain Analysis
      • 3.7.1. Profit Margin Analysis
      • 3.7.2. Wholesalers and Distributors
      • 3.7.3. Retailers
    • 3.8. PESTLE and Porter’s Analysis
    • 3.9. Regulatory Landscape
      • 3.9.1. By Key Regions
      • 3.9.2. By Key Countries
    • 3.10. Regional Parent Market Outlook
    • 3.11. Production and Consumption Statistics
    • 3.12. Import and Export Statistics
  • 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
    • 4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2017 to 2021
    • 4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2022 to 2032
      • 4.2.1. Y-o-Y Growth Trend Analysis
      • 4.2.2. Absolute $ Opportunity Analysis
  • 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Form
    • 5.1. Introduction / Key Findings
    • 5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Product Form, 2017 to 2021
    • 5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Product Form, 2022 to 2032
      • 5.3.1. Natural
      • 5.3.2. Synthetic
    • 5.4. Y-o-Y Growth Trend Analysis By Product Form, 2017 to 2021
    • 5.5. Absolute $ Opportunity Analysis By Product Form, 2022 to 2032 Deep-dive segmentation will be available in the sample on request
  • 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
    • 6.1. Introduction / Key Findings
    • 6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2017 to 2021
    • 6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2022 to 2032
      • 6.3.1. Flavoring Agent
      • 6.3.2. Antimicrobial Agent
      • 6.3.3. Perfume Additive
      • 6.3.4. Agrichemical Agent
      • 6.3.5. Other Applications
    • 6.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2021
    • 6.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032 Deep-dive segmentation will be available in the sample on request
  • 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-use Industry
    • 7.1. Introduction / Key Findings
    • 7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End-use Industry, 2017 to 2021
    • 7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End-use Industry, 2022 to 2032
      • 7.3.1. Food & Beverage
      • 7.3.2. Metals & Mining
      • 7.3.3. Perfumes
      • 7.3.4. Agriculture
      • 7.3.5. Others
    • 7.4. Y-o-Y Growth Trend Analysis By End-use Industry, 2017 to 2021
    • 7.5. Absolute $ Opportunity Analysis By End-use Industry, 2022 to 2032 Deep-dive segmentation will be available in the sample on request
  • 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
    • 8.1. Introduction
    • 8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2017 to 2021
    • 8.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2022 to 2032
      • 8.3.1. North America
      • 8.3.2. Latin America
      • 8.3.3. Europe
      • 8.3.4. East Asia
      • 8.3.5. South Asia & Pacific
      • 8.3.6. Middle East and Africa
    • 8.4. Market Attractiveness Analysis By Region
  • 9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    • 9.1

Key Segments Profiled in the Cinnamic Aldehyde Industry Survey

Application:

  • Flavoring Agent
  • Odor Agent
  • Others

End Use:

  • Household Care Industry
  • Personal Care Industry
  • Food And Beverages
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Latin America
  • Middle East and Africa

Frequently Asked Questions

What is the anticipated growth of the Cinnamic Aldehyde market until 2032?

FMI projects the global Cinnamic Aldehyde market to expand at a 5.2% value CAGR by 2032.

Which region is forecast to be the most lucrative for Cinnamic Aldehyde market growth?

Asia Pacific is expected to be the most opportunistic Cinnamic Aldehyde market.

Which are some prominent Cinnamic Aldehyde manufacturers?

IS Chemical Technology, Labseeker, ABI Chem, Ark Pharma Inc, ApexBio Technology, Timtec, A&J Pharmtech Co. Ltd., Day Biochem, ChemExper Chemical Directory, Sigma-Aldrich, Syntree, Bide Pharmatech among others are some prominent Cinnamic Aldehyde manufacturers.

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