The global Trans-Cinnamic Acid market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Trans-cinnamic acid is not only used as a flavoring agent for bakery goods, confectionaries, beverages, and toothpaste but also as a precursor for esters to develop fragrances. Manufacturers extensively use trans-cinnamic acid to impart fragrance in air fresheners, soaps, and cosmetics. It is also used in mouthwash, chewing gums, and perfumes.
Trans-Cinnamic Acid Market aims to provide a comprehensive presentation of the global market for Trans-Cinnamic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Trans-Cinnamic Acid. Trans-Cinnamic Acid Market contains market size and forecasts of Trans-Cinnamic Acid in global, including the following market information:
- Global Trans-Cinnamic Acid Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Trans-Cinnamic Acid Market Sales, 2018-2023, 2024-2032, (K MT)
- Global top five Trans-Cinnamic Acid companies in 2022 (%)
The latest trend gaining momentum in the market is continuous R&D to prepare indigo dye which is less hazardous to health. Presence of synthetic indigo dye has resulted in declining use of natural dye in the textile industry. However, health issues and pollution due to synthetic dye has driven the demand for natural dyes in many countries. Keeping this in mind, scientists are trying to invent a method of producing indigo dye that is less hazardous to health with the help of continuous investment in R&D from manufacturers.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Trans-Cinnamic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Trans-Cinnamic Acid Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Trans-Cinnamic Acid Market Segment Percentages, by Type, 2022 (%)
- PurityAbove 98%
- PurityAbove 99%
- PurityAbove 99.5%
- Others
Global Trans-Cinnamic Acid Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Trans-Cinnamic Acid Market Segment Percentages, by Application, 2022 (%)
- Flavors
- Pharmaceuticals
- Food Additives
- Organic Synthesis
- Others
Global Trans-Cinnamic Acid Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Trans-Cinnamic Acid Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Trans-Cinnamic Acid revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Trans-Cinnamic Acid revenues share in global market, 2022 (%)
- Key companies Trans-Cinnamic Acid sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Trans-Cinnamic Acid sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- BestAroma Biotech
- Elan Chemical Company
- Omega Ingredients
- Wuhan Organic Material
- Juhua Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Trans-Cinnamic Acid, market overview.
Chapter 2: Global Trans-Cinnamic Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Trans-Cinnamic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Trans-Cinnamic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Trans-Cinnamic Acid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
Industry Market Size
