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North America cinnamic aldehyde market will witness CAGR over 6% up to 2024. Growing consumption of packaged food and organic flavoring ingredients have favored industry growth. Rising demand for aromatic chemicals derived from cinnamic aldehyde including cinnamyl alcohol will propel business growth.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.
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Antimicrobial agent accounted over 15% of cinnamic aldehyde 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 cinnamic aldehyde 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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Powered by presence of both local as well as international players such as Emerald Kalama Chemical, Vee Kay International, Kalpsutra Chemicals, Graham Chemical, and LANXESS, the competitive landscape of the overall cinnamic aldehyde market is claimed to be highly fragmented. These biggies have been increasingly focusing on developing integrated supply chains for an easy procurement of raw materials which would ultimately reduce the overall cost trends.
With shifting manufacturer focus toward cost reduction along with spreading consumers’ awareness with regards to product credibility and functionality, cinnamic aldehyde industry size is forecast to exceed a valuation of USD 2 billion by 2024.
Browse key industry insights spread across 300 pages with 252 market data tables & 11 figures & charts from the report, “Cinnamic Aldehyde Market Size By Product (Aroma Agent, Flavor Agent, Antimicrobial Agent), By Source (Natural, Synthetic), By End-Use (Household & personal care, Food & beverages, Agriculture, Healthcare) Industry Outlook Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, China, India, Japan, South Korea, Australia, Thailand, Indonesia, Brazil, Mexico, Venezuela, Argentina, Saudi Arabia, UAE, South Africa, Egypt, Iran), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/cinnamic-aldehyde-market
Table of Contents (ToC) of the report:
Chapter 6. Cinnamic Aldehyde Market, By End-Use
6.1. Global cinnamic aldehyde market share by end-use, 2016 & 2024
6.2. Household & personal care
6.2.1. Market estimates and forecast, 2013 - 2024
6.2.2. Market estimates and forecast, by region, 2013 – 2024
6.3. Food & beverages
6.3.1. Market estimates and forecast, 2013 - 2024
6.3.2. Market estimates and forecast, by region, 2013 – 2024
6.4. Agriculture
6.4.1. Market estimates and forecast, 2013 - 2024
6.4.2. Market estimates and forecast, by region, 2013 – 2024
6.5. Healthcare
6.5.1. Market estimates and forecast, 2013 - 2024
6.5.2. Market estimates and forecast, by region, 2013 – 2024
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/cinnamic-aldehyde-market
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