Ferulic Acid Market

Ferulic Acid Market Outlook (2022 to 2032)

The global ferulic acid market size reached a valuation of USD 67.8 Million in 2022. The overall sales of ferulic acid are projected to grow at a robust CAGR of 6.74% between 2022 and 2032, totalling around USD 130.1 Million by the end of 2032.

Ferulic acid is a natural chemical found within plant walls that pertains to the hydroxycinnamic acid family. Ferulic acid is an active compound (a naturally occurring phenolic phytochemical) with potent antioxidant properties.

Its chemical formula is C10H10O4 and its chemical name is 4-Hydroxy-3-methoxy cinnamic acid. Ferulic acid, a free radical scavenger, has been utilized as a food additive to prevent lipid peroxidation. Ferulic acid is harvested in large quantities from rice bran oil.

Data Points	Key Statistics
Ferulic Acid Market Size (2022)	USD 67.8 Million
Ferulic Acid Market Revenue Forecast (2032)	USD 130.1 Million
Ferulic Acid Market Growth Rate (2022 to 2032)	6.74% CAGR
North America Market Share	33.2%

Because ferulic acid is an anti-oxidant, it helps to slow the ageing process by neutralizing free radicals on the skin. Ferulic acid also protects us from sunburns and aids in the regeneration of skin that has already been desensitized. Furthermore, it improves the reliability and effectiveness of vitamin C and vitamin E.

Which Factors are driving the Growth of the Ferulic Acid Market?

The rising demand for an anti-ageing cream is predicted to propel the global ferulic acid market forward. Ferulic acid is also utilized as a preservative in the food industry in some areas. Naturally, the antioxidant property is not restricted to preventing wrinkles; it also battles cancer and aids in the treatment of diabetes.

Ferulic acid has a wide range of biological activities including anti-inflammatory, transcription factor stimulation, antimicrobial, metal chelation, anti-allergic, antithrombotic, elevated sperm viability, signal transduction, enzyme activity attenuation, and gene expression. These adaptable properties will undoubtedly garner the pharmaceutical sector, cruising the ferulic acid market to a great extent.

Which Factors are restraining the Growth of the Ferulic Acid Market?

The risk of developing an allergic reaction to ferulic acid as a result of a previous allergy to its raw materials such as corn, barley, and wheat may stifle market growth. This can cause a rash, hives, redness, peeling skin, and itching. When inhaled, the product may cause respiratory distress and aggravate medical conditions such as chronic bronchitis and emphysema.

How Will Growth Unfold in the North America Ferulic Acid Market?

North America, led by Canada, Mexico, and the United States, is anticipated to expand at a CAGR of 5.7% by 2032, owing primarily to an increasing prevalence of chronic illnesses and greater awareness about child health. This product improves lipid profiles, lessens oxidative stress, diminishes the risk of developing cardiovascular disease, as well as minimizes free radicals developed in muscles.

Rising healthcare costs, a growing preference for preventive services, and substantial technological innovations should augment the region's ferulic acid market revenue. North America holds a 13.5% market share of the global ferulic acid market.

How Will Growth Unfold in the European Ferulic Acid Market?

In 2018, Europe, led by Germany, the United Kingdom, and France, exceeded USD 4.6 Million in growth in innovative healthcare treatments and personalized medicines. It is utilized to diagnose Alzheimer's disease, diabetes, atherosclerosis, cancer, and cardiovascular disease. Ferulic acid market share is anticipated to boost due to rising biopharmaceutical deployment and low tax and interest rates in the region. Europe holds a 24.2% market share of the global Ferulic acid market.

Which Factors Pushing the Ferulic Acid Devices in the Asia Pacific?

The Asia Pacific has the largest ferulic acid market in the region. The Asia Pacific, led by Japan, India, and China, is expected to surpass USD 32 Million by 2032 due to the increasing consumption of packaged food as a result of significant urbanization and growth in the online retail sector.

Because of its ability to inhibit photooxidation of additives and non-toxicity, this product is frequently used as a food additive, making it suitable for cereals, dried fruits, juices, and soy products. Burgeoning canned consumption of meat because of its low cost, as well as excessive government schemes to attract investment in the food sector, should enhance the market for ferulic acid.

Category-wise Analysis

Which Segments Dominate the Global Ferulic Acid Market?

The ferulic acid market is divided into three applications: food, cosmetics, and pharmaceuticals, with the cosmetic segment expanding at exponential rates due to its anti-aging attributes.

Ferulic acid has a diverse range of health benefits. Because of its antioxidant and anti-inflammatory agents, this product is commonly used in medicines and food products. The pharmaceutical segment market is expected to accelerate due to an increase in chronic health disorders, and an increase in personal income. The food segment is rising due to the growing demand for packaged food for convenient ingestion.

The ferulic acid market is divided into two segments based on packaging: interior packing and exterior packing. Interior packing includes double polythene bags and cans, while exterior packing includes cardboard packaging.

The Start-Up Ecosystem: How key Players are opening Frontiers for Future Growth?

Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, mergers and acquisitions, partnerships, and collaboration to identify the interest of potential buyers and create a larger customer base. For instance,

• Avra Synthesis Private Limited was established on September 20, 2005. It recently released Ferulic acid, 98%, 100gm.
• Drunk Elephant was founded in 2012 by Tiffany Masterson. Drunk Elephant released a new vitamin C serum in August 2021. The original powerful antioxidant complex of 0.5% ferulic acid along with 15% l-ascorbic acid, and 1% vitamin E is included in the C-Firma Fresh formula to reveal a brighter, firmer, and more even-looking complexion.

Who are the Leading Players in Ferulic Acid Market?

Some of the leading Ferulic Acid device manufacturers include

Delekang, Top Pharm, Healthful International, Ankang, Huacheng, Hubei Yuancheng, App Chem-Bio, Yuansen, Shanghai Bettersyn Biotech, Oryza, OkayasuShoten, CM Fine Chemicals.

These key Ferulic Acid providers are adopting various strategies such as new product launches and approvals, partnerships, collaborations, acquisitions, mergers, etc. to increase their sales and gain a competitive edge in the global Ferulic Acid market. For instance,

• Leading vendors like Hunan Huachung Biotech and Kingherbs are expanding their marketing budgets to reach a larger consumer base. This strategy is presumed to assist these vendors in increasing their annual revenues.
• Oryza Oil and Fat Chemical is undertaking critical study and development to create new and more effective products.
• App Chem-Bio has recently released ferulic acid. It is used as a food additive and also used to produce vanillin. It has two kinds: cis-form and trans-form.

Report Scope

Report Attribute	Details
Growth Rate	CAGR of 6.74% from 2022 to 2032
Market Value in 2022	USD 67.8 Million
Market Value in 2032	USD 130.1 Million
Base Year for Estimation	2021
Historical Data	2016 to 2021
Forecast Period	2022 to 2032
Quantitative Units	Revenue in USD Million and CAGR from 2022 to 2032
Report Coverage	Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Type, Application, Packaging, Region
Regions Covered	North America; Latin America; Europe; Asia Pacific; Middle East and Africa
Key Countries Profiled	USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, China, Japan, South Korea, India, Malaysia, Singapore, Australia, New Zealand, GCC, South Africa, Israel
Key Companies Profiled	Delekang; Top Pharm; Healthful International; Ankang; Huacheng; Hubei Yuancheng; App Chem-Bio; Yuansen; Shanghai Bettersyn Biotech; Oryza; OkayasuShoten; CM Fine Chemicals

Key Segments covered in the Ferulic Acid Industry Survey

By Type:

• Synthetic
• Natural Ferulic Acid
• Against Type
• Sequence Type

By Application:

• Food
• Cosmetics
• Pharmaceuticals

By Packaging:

• Interior Packaging
• Exterior Packaging

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle Eats & Africa

Frequently Asked Questions

What is the current valuation of the ferulic acid market?

The global ferulic acid market reached USD 67.8 Million in 2022

What is the anticipated growth rate for the market on ferulic acid during the projected period?

As per FMI, the ferulic acid industry is expected to grow at a CAGR of 6.74% throughout the forecast period (2022 to 2032)

What is the projected valuation for the ferulic acid market by 2032?

Sales of ferulic acid are anticipated to total a valuation of USD 130.1 Million by 2032

Which is the leading market for ferulic acid?

Europe will continue to remain the most lucrative market for Ferulic Acids, accounting for a share of 39.9% market share