Global “Cinnamic Acid Market” 2019-2025 research report conducts a deep assessment on the existing state of Cinnamic Acid Industry with the definition, classification and market scope. The essential Manufacturing aspects like competitive landscape structure, prominent industry players, Market size and value is studied. The Cinnamic Acid Market development trends, growth plans, dynamic market driving factors and risk assessment is conducted.
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About Cinnamic Acid:
- Cinnamic acid or (E)-3-phenylprop-2-enoic acid is an aromatic organic compound which has crystalline structure and is freely soluble in various organic solvents. Cinnamic acid has odor similar to that of honey which makes suitable as flavoring agent. Cinnamic acid occurs naturally in several plants including cinnamon. The major applications for cinnamic acid include synthetic indigo, flavoring agent and preparation of various esters, amides and cinnamoyl acids which find range of pharmaceutical uses especially in diseases like malaria and tuberculosis. The derivatives of cinnamic acid are used as main components in anti-oxidants, anti-diabetic and anti-cholesterolemic medicines. The market for cinnamic acid is governed by its major application in perfume industry and as a flavoring agent which are in greater demand across Asia-pacific region. The other drivers for cinnamic acid include its derivative preparations which are mostly used in various medicinal preparations including that of tuberculosis and malaria which are predominant in developing countries like India and Brazil. Cinnamic acid’s application in skin care products (usually sun screen products) makes it grow across developed countries like the U.S and Western Europe as these countries are major consumers of cosmetic industry across globe.
- Fragrance/perfume industry has been driving this market over the past few years, and is estimated to grow at the highest growth rate amongst all other application segments during the forecast period. Asia Pacific region projects immense opportunities for this market as the region anticipates rapid growth in the cosmetics and fragrance/perfumes industries over the coming years.
- In 2019, the market size of Cinnamic Acid is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
- In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Cinnamic Acid.
Cinnamic Acid Market Segment by Manufacturers includes:
- BASF
- Guangzhou Shiny
- DSM
- Kay Fries
- Bayer
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Cinnamic Acid Market Segment by Regions includes: North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America, Middle East and Africa.
By Types, the Cinnamic Acid Market can be Split into:
- Industrial-Grade
- Pharmaceutical-Grade
- Food-Grade
By Applications, the Cinnamic Acid Market can be Split into:
- Industry
- Pharmaceutical Industry
- Food
- Others
The study objectives of this report are:
- To analyze the global Cinnamic Acid market size (value and volume) by business, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
- To share complete information about the significant factors influencing the progression of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To recognize the structure of Cinnamic Acid market by classifying its various subsegments.
- To analyze the Cinnamic Acid with respect to specific growth trends, future prospects, and their contribution to the total market.
- Focuses on the key global Cinnamic Acid manufacturers, to define, describe and analyze the sales volume, value, market segment, market competition landscape, SWOT analysis and progress plans in next few years.
- To analyze modest improvements such as developments, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their evolution strategies.
- To project the value and volume of Cinnamic Acid submarkets, with respect to key regions (along with their respective key countries).
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Some major Points from Table of Contents (TOC):
1 Market Overview
1.1 Cinnamic Acid Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1.2 Cinnamic Acid Type and Applications
2.1.3 Cinnamic Acid Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.2.1 Business Overview
2.2.2 Cinnamic Acid Type and Applications
3 Global Cinnamic Acid Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Cinnamic Acid Sales and Market Share by Manufacturer (2017-2018)
3.2 Market Concentration Rate
3.3 Market Concentration Rate
3.4 Market Competition Trend
4 Global Cinnamic Acid Market Analysis by Regions
And Continued…
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