Cinnamaldehyde Market : Evolving Technology, Trends and Industry Analysis by 2023
The growth of the cinnamaldehyde market is mainly driven by the growing applications of cinnamaldehyde in the flavor, and fragrance industries.
The growth of the cinnamaldehyde market is mainly driven by the growing applications of cinnamaldehyde in the flavor, and fragrance industries.
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Global <strong>Cinnamaldehyde</strong> <strong>Market</strong> Size, Share,<br />
Development, Growth, <strong>and</strong> Dem<strong>and</strong> Forecast - <strong>2023</strong><br />
The Rising dem<strong>and</strong> of aforementioned flavoring agent applications is expected to<br />
drive the growth of cinnamaldehyde market during the forecast period.
The growth of the cinnamaldehyde market is mainly driven <strong>by</strong> the growing applications of<br />
cinnamaldehyde in the flavor, <strong>and</strong> fragrance industries. Homecare <strong>and</strong> personal care products<br />
witnessed a high penetration rate in emerging economies owing to the availability of better<br />
market <strong>and</strong> distribution channels, which further creates opportunities for the key players in the<br />
cinnamaldehyde market.<br />
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On the basis of source, the cinnamaldehyde market has been segmented into synthetic <strong>and</strong><br />
natural, where the synthetic source held a larger share of the market in terms of volume in 2016.<br />
However, in the same year, natural source held the larger market share in terms of value.<br />
Asia-Pacific held the largest share of the cinnamaldehyde market, in terms of both revenue <strong>and</strong><br />
volume, in 2016. <strong>Cinnamaldehyde</strong> is used in the region <strong>by</strong> various industries such as homecare,<br />
personal care, food & beverages, <strong>and</strong> others. The region is home to almost 3 billion customers of<br />
homecare, <strong>and</strong> personal care industries.<br />
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Some of the key players operating in the cinnamaldehyde industry are Mu<strong>by</strong>chem Group,<br />
Lanxess AG, Payan Berth<strong>and</strong> S.A, Emerald Kalama Chemical, LLC, Jayshree Aromatics Pvt.<br />
Ltd., Kao Global Chemicals, Finoric LLC, ABI Chem, Yingcheng Wuhan Organic Materials Co.,<br />
Ltd., <strong>and</strong> Haihang <strong>Industry</strong> Co. Ltd.<br />
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