Pune, India -- (SBWIRE) -- 10/03/2018 -- Cinnamic Aldehyde Market Overview to 2023
Cinnamic aldehyde is widely preferred in the households as a flavoring agent. The product demand is majorly influenced by the rapidly growing food and beverage industry across the regions. Escalating demand for the packaged food and beverages from the working population owing to convenience and long shelf life is uplifting the market growth. Prevalence of many online food delivery applications such as Zomato and Food Panda in India are likely to boost the product demand further.
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Key Players
Some of the key players in the global cinnamic aldehyde market are Emerald Performance Materials (U.S.), Finoric (U.S.), Jayshree Aromatics Pvt Ltd (India), Kao Corporation (U.S.), LANXESS (Germany), Muby Chemicals (India), Payan Bertrand S.A. (France), Yingcheng Wuhan Organic Material Co., Ltd (China), Graham Chemical (U.S.), and Merck KGaA , Sigma-Aldrich (Germany).
Rapidly expanding cosmetics & personal care industry with growing appearance consciousness among the consumers coupled with rising per capita disposable income is driving the cinnamic aldehyde growth globally. The product consumption is increasing in personal care products due to surging demand for detergents, shampoo, deodorants, and cleansers with different specifications.
Intended Audience
Cinnamic aldehyde manufacturers
Traders and distributors of cinnamic aldehyde
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratory
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Regional Analysis
The Asia Pacific is the fastest growing region in the cinnamic aldehyde market with the growing demand for nutrition-rich beverages for improved health. Growing food and beverages industry as a result of rising influence of western eating habits among the consumers in the developing economies is propelling the market growth.
Expanding cosmetics & personal care industry with increasing spending on cosmetic products by the consumers for their grooming is fuelling the product demand. Increasing investment in the production of crops and other agricultural products coupled with expanding population is driving the market growth.