Press release
Rising Product Demand due to Urbanization Driving Cinnamaldehyde Market
In 2016, the global cinnamaldehyde market generated a revenue of $183.7 million and is predicted to advance at a 6.5% CAGR during the forecast period (2017-2022). The market is witnessing growth due to the low toxicity of cinnamaldehyde, urbanization resulting in the rising demand for cinnamaldehyde in emerging economies, increasing demand for personal & home care products in developed and developing nations, and changing demographics and income trends in developing countries. An organic compound which provides the taste and smell of cinnamon spice is referred to as cinnamaldehyde.Get a sample copy of market analysis at: http://bit.ly/2vxzM1b
When source is taken into consideration, the cinnamaldehyde market is bifurcated into natural and synthetic. Between these two, the synthetic category dominated the market during 2013-2016 and is projected to account for the major share of the market during the forecast period as well, in terms of volume, as synthetic cinnamaldehyde is more economical than natural cinnamaldehyde. In terms of application, the market is divided into odor agent, flavoring agent, and others. Among these, the odor agent division held the largest volume share of the market during the historical period.
For more information visit: https://www.psmarketresearch.com/market-analysis/cinnamaldehyde-market
Geographically, Asia-Pacific (APAC) accounted for the largest share of the cinnamaldehyde market during the historical period and is expected to dominate the market during the forecast period as well, in terms of volume. The reason for this is the surging population in emerging economies, including China and India, which is creating increasing requirement for personal care and cosmetic products. China accounted for the largest share of the regional market during the historical period and is further projected to retain its position during the forecast period, in terms of volume.
The swift urbanization, which has resulted in rising product demand from emerging economies, is a key driving factor of the cinnamaldehyde market. Urbanization has also led to enhanced facilities and improved lifestyle of middle-class people. The living standard of urban population has risen up, which, in turn, is resulting in the growing demand for discretionary items, such as high-end cosmetics, perfumes, essential oils, and others. In addition to this, cinnamaldehyde is also utilized as a flavoring agent in the food industry for enhancing the flavor and aroma of food.
The surging demand for personal & home care products from both developed and developing countries is also resulting in the growth of the cinnamaldehyde market. As the cosmetics and personal care companies are getting good returns on their investments, the multi-national beauty companies are increasingly investing in potential markets. The consumers are further becoming more inclined toward luxury consumer goods, such as essential oils and perfumes, as their disposable income is increasing.
The rising utilization of cinnamaldehyde as an antimicrobial agent in agricultural practices is key trend in the cinnamaldehyde market. Cinnamaldehyde acts as an effective fungicide when it is applied to the roots of plants. The compound has been proven effective for restraining the growth of inoculated foodborne pathogens for over 40 different crops. In addition to this, cinnamaldehyde has low toxicity and some insecticidal effects, which makes it ideal for usage in the agriculture sector. Attributed to these advantages, several major players have started focusing on research & development of cinnamaldehyde-related products.
Hence, the market is growing due to the rising demand for personal & home care products and rapid urbanization which has led to rising demand for cinnamaldehyde from developing countries.
Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rising Product Demand due to Urbanization Driving Cinnamaldehyde Market here
News-ID: 1915220 • Views: …
More Releases from P&S Intelligence

U.S. ESG Investments Market Set to Skyrocket: $16 Trillion by 2032
According to the latest market research study published by P&S Intelligence, the U.S. Environmental, Social, and Governance (ESG) investments market is experiencing a significant surge, with projections indicating an increase from $6.5 trillion in 2024 to an estimated $16.0 trillion by 2032. This represents a robust compound annual growth rate (CAGR) of 12.1% over the forecast period.
According to a comprehensive analysis by P&S Intelligence, the market's expansion is driven…

Facility Management in the U.K. Booms with 14.1% CAGR as Demand Soars Across Sec …
According to the latest market research study published by P&S Intelligence, the U.K. facility management market is poised for significant growth, with projected revenues reaching USD 2,743.3 million in 2024 and expected to soar to USD 6,038.4 million by 2030, reflecting a robust CAGR of 14.1% during the forecast period.
This expansion is fueled by a surge in demand across both public and private sectors. According to the RICS U.K.…

Point-of-Sale Software Market in the U.S. Set to Grow by 9.7% CAGR, Boosted by O …
According to the latest market research study published by P&S Intelligence, the U.S. point-of-sale (POS) software market, valued at USD 4.7 billion in 2024, is poised for significant growth over the coming years, with projections estimating it will reach USD 9.8 billion by 2032, expanding at a compound annual growth rate (CAGR) of 9.7%. This growth is attributed to rapid technological advancements, a surge in mobile and cloud-based POS systems,…

Competitive Landscape of the Industrial Starches Market: Key Players, Trends, an …
According to the latest market research study published by P&S Intelligence, the global industrial starches market is poised for significant growth, with a projected increase from USD 110.3 billion in 2024 to USD 169.9 billion by 2030, at a robust compound annual growth rate (CAGR) of 7.5%. Industrial starches play a crucial role in diverse sectors, including food, pharmaceuticals, and paper, driven by their unique properties such as stabilizing, thickening,…
More Releases for Urbanization
Vietnam's Urbanization Spurs Demand for Environmental Monitoring Solutions
𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐚𝐭𝐞 𝐟𝐨𝐫 𝐆𝐥𝐨𝐛𝐚𝐥 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐌𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭
The size of the environmental monitoring market was estimated at USD 20.13 billion in 2023, and it is anticipated that total revenue from environmental monitoring will increase at a compound annual growth rate (CAGR) of 9.81% between 2024 and 2030, reaching around USD 38.76 billion.
𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐭𝐨 𝐩𝐞𝐞𝐤 𝐢𝐧𝐬𝐢𝐝𝐞? 𝐆𝐫𝐚𝐛 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐧𝐨𝐰:https://www.maximizemarketresearch.com/request-sample/31017/
𝐂𝐨𝐮𝐧𝐭𝐫𝐲-𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬
Environmental Monitoring Opportunities in…
Commercial Flooring Market Thrives on Urbanization and Construction Growth: Anti …
The commercial flooring market has demonstrated robust growth, escalating from $62.52 billion in 2023 to an anticipated $66.33 billion in 2024, showcasing a substantial Compound Annual Growth Rate (CAGR) of 6.1%. Expectations remain high, with the market poised for strong expansion to $84.34 billion by 2028, reflecting a consistent CAGR of 6.2%.
Urbanization's Impact: A Catalyst for Market Growth
Rapid Urbanization: The surge in rapid urbanization emerges as a key driver propelling…
Air Purifier Market | Growing Rapid Industrialization, And Urbanization
According to Precision Business Insights (PBI), the latest report, the air purifier market is expected to be valued at USD 13,365.2 million in 2022, growing at an 8.4% CAGR from 2022 to 2028. The primary driver of the expansion of the global Air Purifier market is rapid industrialization and urbanization in emerging economies countries, new product launches, increasing research and development activities among prominent key players, and rising awareness among…
Pepper Market: Rapid Urbanization Will Create New Growth Opportunities
Increasing consumption of pepper for cooking is a key factor predicted to enable growth of the global pepper market, says Fortune Business Insights in a report, titled “Pepper Market Size, Share & Industry Analysis, By Nature (Organic, Conventional), By Product Type (White Pepper, Black Pepper, Green Pepper, Red Pepper), By Application (Food and Beverage, Personal Care Products, Others), By Form (Whole Pepper, Powdered Pepper) and Regional Forecast, 2019-2026.” Increasing government…
Mushrooming Urbanization to Propel Electric Traction Systems Market
A report on the global electric traction systems market has been added to the repository of Marketresearchreports.biz. Titled, “Electric Traction Systems Market - Global Industry Analysis Size Share Growth Trends and Forecast 2017 - 2025,” the report analyzes the overall growth of this market. The latest trends, growth drivers as well as threats that could be faced by the market are discussed in detail in this report. The comprehensive study…
Global Luggage Market : Increasing Urbanization and Changing Lifestyles
The global luggage market is expected to grow at a CAGR of 5.8% during 2014 to 2020 and to reach an estimated value of USD 43.4 billion in 2020.
Increasing urbanization and changing lifestyles are the key drivers for the global luggage market. Technological advancements are further creating opportunities for luggage sales among high net-worth individuals, for whom safety is a major concern. Increasing travel and tours, rising business activities,…