Press release
Cinnamicaldehyde Market Key Players 2018-2024 Emerald Kalama Chemical, Kalpsutra Chemicals, Vee Kay International, Graham Chemical, LANXESS, Aurochemicals and Kao Global Chemicals
Cinnamic Aldehyde Market
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Rising consciousness regarding skin infection due to undiluted form usage may pose threat for industry growth. Increasing research & development cost for organic products along with fluctuating cinnamon prices are major factors affecting cinnamic aldehyde market price trend.
Antimicrobial agent accounted over 15% of cinnamicaldehyde market share in 2016. The antimicrobial properties prevent more than 50% of bacterial growth in the oral cavity increasing the product scope in oral care segments. Effective inhibition of bacterial growth including gram positive and gram-negative bacteria, fungi, filamentos molds and dermatophytes will enhance product penetration.
Natural source dominated the industry share accounting for over 80% in 2016. Increasing consumer health concerns along with high availability of naturally sourced products will positively drive cinnamicaldehyde market growth. Strong demand for organic processed food & beverages remains key growth factor for the industry.
Food & beverages was valued over USD 350 million in 2016. Rising demand for flavored beverages accompanied by changing food habits will support industry growth. Improved postharvest disease control and maintenance of color & quality of fruits are major factors driving product demand in food packaging industry.
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Cinnamic aldehyde market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Tons and revenue in USD Million from 2013 to 2024, for the following segments:
Cinnamic Aldehyde Market, By Product
• Aroma agent
• Flavor agent
• Antimicrobial agent
• Others (Anticancer agent)
Cinnamic Aldehyde Market, By Source
• Natural
• Synthetic
Cinnamic Aldehyde Market, By End-Use
• Household & personal care
• Food & beverages
• Agriculture
• Healthcare
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Asia Pacific is expected to account over 35% industry share in 2024 due to increasing disposable income amongst middle class families in the region. Rising income and demographic trends prompting inclination towards luxury consumer goods in China, Japan and India will foster product demand. Moreover, development of household and personal care industries will significantly contribute to business growth.
Global industry share is highly fragmented owing to presence of numerous local and multinational corporations. Some of the key players include in cinnamic aldehyde market are 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.
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