Demand for cinnamic aldehydes worldwide is projected to be worth US$ 5.3 billion in 2022 and to increase at a CAGR of 5.2% to US$ 8.8 billion from 2022 to 2032. Due to its enormous potential, rising investments in the FMCG sector are expected to stimulate industry demand.
Cinnamic aldehyde, also known as cinnamaldehyde, is an organic compound with the chemical formula C9H8O. It is a pale yellow, oily liquid with a sweet, spicy, and warm aroma. Cinnamic aldehyde occurs naturally in cinnamon bark and essential oils derived from cinnamon, as well as in other plants such as cassia, nutmeg, and balsam trees.
Cinnamic aldehyde is widely used as a flavoring agent in food products such as baked goods, candy, chewing gum, and beverages. It is also used as a fragrance in perfumes, cosmetics, and personal care products. In addition to its sensory properties, cinnamic aldehyde has been found to exhibit antimicrobial, antifungal, and antioxidant activity.
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Impact of COVID-19 on Cinnamic Aldehyde Market
The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.
The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Cinnamic Aldehyde market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.
Important Questions Answered in the Cinnamic Aldehyde Market Report
- How will the Cinnamic Aldehyde market expand through 2032?
- Which region is the most lucrative in the Cinnamic Aldehyde market?
- What are the recent technological developments in the Cinnamic Aldehyde market?
- What are key challenges and competition threats faced by Cinnamic Aldehyde market players?
- Who are prominent players leading the Cinnamic Aldehyde market?
Cinnamic Aldehyde Market: Competitive Evaluation
The FMI’s Cinnamic Aldehyde market report provides a comprehensive analysis on key players operating in the Cinnamic Aldehyde market. Some of the key players are:
- IS Chemical Technology
- Labseeker
- ABI Chem
- Ark Pharma Inc
- ApexBio Technology
- Timtec
- A&J Pharmtech Co. Ltd.
- Day Biochem
- ChemExper Chemical Directory
- Sigma-Aldrich
- Syntree
- Bide Pharmatech
With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.
Why Buy FMI’s Report?
- Extensive analysis on high growth niche markets across major regions
- Detailed assessment on key segments and sub-segments
- Recent and upcoming strategies tracked of manufacturers for the Cinnamic Aldehyde market
- Reliable information on new product launches, technological advancements, and more
- Valuable insights on the impact of regulatory framework on the global Cinnamic Aldehyde market
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Key Segments Profiled in the Cinnamic Aldehyde Industry Survey
Application:
- Flavoring Agent
- Odor Agent
- Others
End Use:
- Household Care Industry
- Personal Care Industry
- Food And Beverages
- Others
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Latin America
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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