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Cinnamic Aldehyde Market Top Key Players Emerald Kalama Chemical, Kalpsutra Chemicals, Vee Kay International, Graham Chemical, LANXESS, Aurochemicals

Cinnamic Aldehyde Market

Cinnamic Aldehyde Market

Cinnamic Aldehyde Market is estimated to exceed USD 2 billion by 2024; according to a new research report.

Shifting consumer preference for organic food ingredients along with extensive usage of flavor & fragrance enhancers will propel cinnamic aldehyde market growth. Growth in global FMCG industry due to increasing buyer demand will drive product scope in substantial applications. Technological advancements tied with rapid industrialization in consumer goods industry are major factors driving industry demand.

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High consumer expenditure on luxurious consumer goods due to changing lifestyle specifically in developed nations is expected to enhance cinnamic aldehyde market trend. Rising demand from food & beverages, perfumes, surfactants and agrochemical industries, owing to low toxicity will fuel product demand. Easy blending capacity with other volatile chemicals, aids in the fixation of fragrance in several applications supporting the product demand.

Increasing consumer consciousness pertaining to health & safety will support industry demand. Moreover, increasing product usage in confectionery products including ice cream, candy and chewing gum to improvise flavors with usage levels ranging from 9 to 4900 ppm will drive the product demand.

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Asia Pacific is expected to account over 35% of cinnamic aldehyde market share by 2024. Strong outlook in agricultural applications as surface disinfectant owing to low mammalian toxicity will drive product demand. Superior antifungal properties enabling inhibition of various fungus including lenzites betulina, laetiporus sulphureus, and trametes versicolor will fuel the industry growth.

Global industry share is highly fragmented owing to presence of numerous local and multinational corporations. Some of the key players include Emerald Kalama Chemical, Kalpsutra Chemicals, Vee Kay International, Graham Chemical, LANXESS, Aurochemicals and Kao Global Chemicals. Integrated supply chains are mainly adopted among manufacturers to ease procurement of raw material and reduce overall costs. Product portfolio expansion, mergers, supply agreements and long-term contracts are among major strategies adopted by industry participants.

Partial Chapter of the Table of Content

Chapter 4. Cinnamic Aldehyde Market, By Product

4.1. Global cinnamic aldehyde market share by product, 2016 & 2024

4.2. Aroma agent

4.2.1. Market estimates and forecast, 2013 - 2024

4.2.2. Market estimates and forecast, by region, 2013 – 2024

4.3. Flavor agent

4.3.1. Market estimates and forecast, 2013 - 2024

4.3.2. Market estimates and forecast, by region, 2013 – 2024

4.4. Antimicrobial agent

4.4.1. Market estimates and forecast, 2013 - 2024

4.4.2. Market estimates and forecast, by region, 2013 – 2024

4.5. Others (Anticancer agent)

4.5.1. Market estimates and forecast, 2013 - 2024

4.5.2. Market estimates and forecast, by region, 2013 – 2024

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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