Market Overview:
The global cinnamaldehyde market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cinnamaldehyde as a flavor agent, aroma agent, antimicrobial agent and other applications such as anticancer agent. Asia Pacific is expected to be the fastest-growing region during the forecast period.
Product Definition:
Cinnamaldehyde is an organic compound that is responsible for the characteristic scent of cinnamon. It is a colorless liquid that can be used as a flavoring agent or fragrance.
Flavor Agent:
Flavor agent is a substance that gives food flavor and taste. It can be natural or artificial in nature. Natural flavor agents are obtained from plants, animals, fermentation products of microorganisms such as yeast, bacteria and fungi and essential oils. Artificial flavor agents are manufactured by chemical synthesis procedure using different chemicals such as ethyl alcohol (ethylene chloride) or hydrocarbons (isobutylene).
Aroma Agent:
Aroma agent is a natural or synthetic compound that enhances the fragrance of a product. It can be used in food products, cleaning agents, and other household products to improve their aroma. The most commonly used aroma agents are spices such as clove, cinnamon, anise and fennel seeds; herbs such as rosemary; fruit peels such as orange peel; essential oils including lemon oil and peppermint oil among others.
Application Insights:
The global market is segmented by application into food and beverages, household and personal care industry, agriculture, healthcare and other sectors. The food and beverage sector dominated the market in 2017 accounting for over 50% of the overall revenue share. Cinnamaldehyde has a significant impact on various applications such as bakery products (pastry & confectionery), dairy products (yogurt & cheese), meat products (cured meats) including bacon/cured pork/sausage among others. It also finds application in non-alcoholic beverages such as juices among others.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing product demand in countries such as China, India, Japan, South Korea, and Taiwan. In addition, rising awareness regarding health benefits coupled with growing disposable income levels will drive the regional market further.
The food & beverage industry in Asia Pacific is one of the most dynamic sectors owing to rapid urbanization and industrialization along with changing lifestyles of consumers from rural areas to cities along with their increased spending capacity for quality products that enhance their nutritional value. This has led manufacturers focus on R&D activities for development of innovative food products that meet consumer needs & demands across various categories including dairy foods; meat; seafood; bakery foods; beverages & confectionaries etc., which will fuel cinnamaldehyde demand over the next eight years.
Growth Factors:
- Increasing demand for natural flavors and fragrances in food and beverage industry
- Rising awareness about the benefits of cinnamaldehyde for health
- Growing popularity of aromatherapy and essential oils
- Technological advancements in extraction and purification processes
- Expansion of global trade routes and rise in export volumes
Scope Of The Report
Report Attributes
Report Details
Report Title
Cinnamaldehyde Market Research Report
By Type
Flavor Agent, Aroma Agent, Antimicrobial Agent, Other (Anticancer Agent)
By Application
Food and Beverages, Household & Personal Care Industry, Agriculture, Healthcare, Other
By Companies
Mubychem Group, LANXESS, Emerald Kalama Chemical, Graham Chemical Corporation, Haihang Industry, Bide Pharmatech, Kao Global Chemicals, Indukern F&F, Aurochemicals, Mubychem Group
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Cinnamaldehyde Market Report Segments:
The global Cinnamaldehyde market is segmented on the basis of:
Types
Flavor Agent, Aroma Agent, Antimicrobial Agent, Other (Anticancer Agent)
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
Food and Beverages, Household & Personal Care Industry, Agriculture, Healthcare, Other
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:
- Mubychem Group
- LANXESS
- Emerald Kalama Chemical
- Graham Chemical Corporation
- Haihang Industry
- Bide Pharmatech
- Kao Global Chemicals
- Indukern F&F
- Aurochemicals
- Mubychem Group
Highlights of The Cinnamaldehyde 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:
- Flavor Agent
- Aroma Agent
- Antimicrobial Agent
- Other (Anticancer Agent)
- By Application:
- Food and Beverages
- Household & Personal Care Industry
- Agriculture
- Healthcare
- Other
- 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 Cinnamaldehyde 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?
Cinnamaldehyde is a chemical compound with the molecular formula C10H8O2. It is a white solid that has a characteristic odor of cinnamon.
Some of the major companies in the cinnamaldehyde market are Mubychem Group, LANXESS, Emerald Kalama Chemical, Graham Chemical Corporation, Haihang Industry, Bide Pharmatech, Kao Global Chemicals, Indukern F&F, Aurochemicals, Mubychem Group.
The cinnamaldehyde market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cinnamaldehyde 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 Cinnamaldehyde Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cinnamaldehyde 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 Cinnamaldehyde 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 Cinnamaldehyde Market Size & Forecast, 2020-2028
4.5.1 Cinnamaldehyde Market Size and Y-o-Y Growth
4.5.2 Cinnamaldehyde 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 Flavor Agent
5.2.2 Aroma Agent
5.2.3 Antimicrobial Agent
5.2.4 Other (Anticancer Agent)
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 Food and Beverages
6.2.2 Household & Personal Care Industry
6.2.3 Agriculture
6.2.4 Healthcare
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cinnamaldehyde 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 Cinnamaldehyde 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 Flavor Agent
9.6.2 Aroma Agent
9.6.3 Antimicrobial Agent
9.6.4 Other (Anticancer Agent)
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 Food and Beverages
9.10.2 Household & Personal Care Industry
9.10.3 Agriculture
9.10.4 Healthcare
9.10.5 Other
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 Flavor Agent
10.6.2 Aroma Agent
10.6.3 Antimicrobial Agent
10.6.4 Other (Anticancer Agent)
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 Food and Beverages
10.10.2 Household & Personal Care Industry
10.10.3 Agriculture
10.10.4 Healthcare
10.10.5 Other
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 Flavor Agent
11.6.2 Aroma Agent
11.6.3 Antimicrobial Agent
11.6.4 Other (Anticancer Agent)
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 Food and Beverages
11.10.2 Household & Personal Care Industry
11.10.3 Agriculture
11.10.4 Healthcare
11.10.5 Other
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 Flavor Agent
12.6.2 Aroma Agent
12.6.3 Antimicrobial Agent
12.6.4 Other (Anticancer Agent)
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 Food and Beverages
12.10.2 Household & Personal Care Industry
12.10.3 Agriculture
12.10.4 Healthcare
12.10.5 Other
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 Flavor Agent
13.6.2 Aroma Agent
13.6.3 Antimicrobial Agent
13.6.4 Other (Anticancer Agent)
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 Food and Beverages
13.10.2 Household & Personal Care Industry
13.10.3 Agriculture
13.10.4 Healthcare
13.10.5 Other
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 Cinnamaldehyde Market: Competitive Dashboard
14.2 Global Cinnamaldehyde Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mubychem Group
14.3.2 LANXESS
14.3.3 Emerald Kalama Chemical
14.3.4 Graham Chemical Corporation
14.3.5 Haihang Industry
14.3.6 Bide Pharmatech
14.3.7 Kao Global Chemicals
14.3.8 Indukern F&F
14.3.9 Aurochemicals
14.3.10 Mubychem Group
