Market Overview:
Benzyl cinnamate is an organic compound that is used as a flavoring agent in food and beverages. It is also used as a fragrance additive in cosmetics and personal care products. The global benzyl cinnamate market was valued at US$ XX million in 2017 and is projected to reach US$ XX million by 2030, registering a CAGR of X% during the forecast period. The global benzyl cinnamate market can be segmented on the basis of type into esterification and abbreviated. On the basis of application, the market can be segmented into spices, cosmetics industry, food additives, and others. The North American region dominates the global benzyl cinnamate market due to high demand from end-use industries such as cosmetics industry and food additives. However, Asia Pacific is expected to register highest growth rate during the forecast period owing to increasing demand from countries such as China and India.
Product Definition:
Benzyl cinnamate is a fragrant organic compound that occurs naturally in a variety of plants, including cinnamon and basil. It has a sweet, floral aroma and is used as an additive in perfumes and cosmetics. It also has some antimicrobial properties.
Esterification:
Esterification is a chemical reaction in which ester groups are formed. It is also known as alkylation. Esterification process involves reactant (allyl alcohol) and an acid (carboxylic acid). The major application of esterification is to produce polymers, adhesives, lubricants & coatings and solvents among other products.
The basic raw materials used for the production of allyl alcohol are propylene.
Abbreviated:
Benzyl cinnamate is a chemical compound derived from benzene. It has a strong sweet smell similar to cinnamon and is used in the food industry as an artificial flavoring agent. The demand for benzyl cinnamate is expected to grow on account of increasing application scope in pharmaceuticals, cosmetics, and food & beverages industries.
Application Insights:
The global benzyl cinnamate market is segmented by application into spices, cosmetics industry, food additives and others. The cosmetics industry emerged as the leading consumer of benzyl cinnamate with a consumption of over 1.5 million tons in 2015. Benzyl cinnamate is used in various personal care products such as soaps, shampoos and conditioners on account of its sweet fragrance which makes it popular among consumers especially women consumers globally.
Spices emerged as the second-largest consumer owing to increasing demand from countries such as India China and Middle East countries for seasoning food items particularly chicken curry powder flavor enhancer which has been gaining popularity due to its authentic taste without adding artificial flavors or colors to foods or beverages spiced up with them thus driving the product demand in this segment over recent years.
Regional Analysis:
North America was the largest market for benzyl cinnamate in 2016, accounting for a share of over 35.0% owing to increasing demand from various end-use industries such as cosmetics and food additives. The region is expected to witness significant growth on account of rising consumer awareness regarding health and well-being coupled with an increase in spending power.
Asia Pacific is anticipated to be the fastest growing regional market at a CAGR of XX% from 2017 to 2030 due high product consumption in countries such as China, India, Japan, South Korea & Taiwan where spices are majorly consumed along with other applications such as fragrance.
The Middle East & Africa (MEA) accounted for approximately 7% share of global revenue in 2016 owing to increasing demand from countries like Saudi Arabia.
Growth Factors:
- Increasing demand for natural and organic cosmetics products
- Rising awareness about the benefits of Benzyl Cinnamate in personal care products
- Growing popularity of aromatherapy and essential oils
- Proliferation of online retail channels
- Increasing investment by cosmetic companies in research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Benzyl Cinnamate Market Research Report
By Type
Esterification, Abbreviated
By Application
Spices, Cosmetics Industry, Food Additives
By Companies
Achemica, BOC Sciences, 3B Scientific (Wuhan) Corp, AKos Consulting & Solutions, BioCrick, WuXi AppTec Company, Accela ChemBio Inc., Smolecule, Beijing FutureCeed Biotechnology, Finetech Industry Limited, Sinfoo Biotech, Debye Scientific Co.,Ltd, Anward, MolCore BioPharmatech, Enamine
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Benzyl Cinnamate Market Report Segments:
The global Benzyl Cinnamate market is segmented on the basis of:
Types
Esterification, Abbreviated
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Spices, Cosmetics Industry, Food Additives
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Achemica
- BOC Sciences
- 3B Scientific (Wuhan) Corp
- AKos Consulting & Solutions
- BioCrick
- WuXi AppTec Company
- Accela ChemBio Inc.
- Smolecule
- Beijing FutureCeed Biotechnology
- Finetech Industry Limited
- Sinfoo Biotech
- Debye Scientific Co.,Ltd
- Anward
- MolCore BioPharmatech
- Enamine
Highlights of The Benzyl Cinnamate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Esterification
- Abbreviated
- By Application:
- Spices
- Cosmetics Industry
- Food Additives
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Benzyl Cinnamate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Benzyl cinnamate is a cosmetic ingredient found in many skin care products. It is a derivative of benzyl salicylate, and it has been shown to be an effective antioxidant.
Some of the major companies in the benzyl cinnamate market are Achemica, BOC Sciences, 3B Scientific (Wuhan) Corp, AKos Consulting & Solutions, BioCrick, WuXi AppTec Company, Accela ChemBio Inc., Smolecule, Beijing FutureCeed Biotechnology, Finetech Industry Limited, Sinfoo Biotech, Debye Scientific Co.,Ltd, Anward, MolCore BioPharmatech, Enamine.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Benzyl Cinnamate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Benzyl Cinnamate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Benzyl Cinnamate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Benzyl Cinnamate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Benzyl Cinnamate Market Size & Forecast, 2020-2028
4.5.1 Benzyl Cinnamate Market Size and Y-o-Y Growth
4.5.2 Benzyl Cinnamate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Esterification
5.2.2 Abbreviated
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Spices
6.2.2 Cosmetics Industry
6.2.3 Food Additives
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Benzyl Cinnamate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Benzyl Cinnamate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Esterification
9.6.2 Abbreviated
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Spices
9.10.2 Cosmetics Industry
9.10.3 Food Additives
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Esterification
10.6.2 Abbreviated
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Spices
10.10.2 Cosmetics Industry
10.10.3 Food Additives
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Esterification
11.6.2 Abbreviated
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Spices
11.10.2 Cosmetics Industry
11.10.3 Food Additives
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Esterification
12.6.2 Abbreviated
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Spices
12.10.2 Cosmetics Industry
12.10.3 Food Additives
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Esterification
13.6.2 Abbreviated
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Spices
13.10.2 Cosmetics Industry
13.10.3 Food Additives
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Benzyl Cinnamate Market: Competitive Dashboard
14.2 Global Benzyl Cinnamate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Achemica
14.3.2 BOC Sciences
14.3.3 3B Scientific (Wuhan) Corp
14.3.4 AKos Consulting & Solutions
14.3.5 BioCrick
14.3.6 WuXi AppTec Company
14.3.7 Accela ChemBio Inc.
14.3.8 Smolecule
14.3.9 Beijing FutureCeed Biotechnology
14.3.10 Finetech Industry Limited
14.3.11 Sinfoo Biotech
14.3.12 Debye Scientific Co.,Ltd
14.3.13 Anward
14.3.14 MolCore BioPharmatech
14.3.15 Enamine
