Market Overview:
The global synthetic cinnamaldehyde market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cinnamaldehyde from various applications such as food & beverages, household & personal care, agriculture and healthcare. In addition, rising awareness about the benefits of cinnamaldehyde is also contributing to the growth of this market. On the basis of type, food grade accounted for a major share of the global synthetic cinnamaldehyde market in 2017. This segment is projected to grow at a CAGR of 5.8% during 2018-2030 owing to its growing application in food products such as bakery items and confectioneries.
Product Definition:
Synthetic cinnamaldehyde is a synthetic compound that has the same smell and taste as natural cinnamaldehyde. It is used in food flavoring and as a fragrance.
Food Grade:
Cinnamaldehyde is an organic compound derived from cinnamon. It has a strong, sweet smell similar to that of burning plastic and is used as a flavoring agent in various food products such as bakery goods, meat products, processed fruits & vegetables and beverages.
The global cinnamaldehyde market size was valued at USD 58 million in 2015 and is expected to witness significant growth over the forecast period owing to its increasing demand for use as a flavoring agent.
Chemical Grade:
Chemical grade cinnamaldehyde is a colorless, flammable liquid with an almond-like odor. It is used as an additive in scents and flavors of food products such as baked goods, meat & poultry products, beverages (coffee creamers), processed fruits & vegetables and bakery items. The product has applications in perfumery industry for flavoring agents.
Application Insights:
The food and beverages segment accounted for the largest revenue share of over 50% in 2017. The product is widely used as a flavor enhancer in various foods such as cheese, chocolate, coffee, soft drinks and alcoholic beverages. Rising health concerns among consumers regarding high calorie intake from processed foods will drive the demand for SCA across the food industry during the forecast period.
Household & personal care products are expected to be one of the fastest growing application segments owing to increasing consumer awareness about skin aging caused by exposure to UV radiations and pollution with regard to SCA. In addition, rising consumer disposable income levels coupled with changing lifestyles has led people towards using more expensive products which contain natural ingredients having antioxidant properties such as SCA that provide longer-term benefits on human skin compared to synthetic counterparts.
Regional Analysis:
Europe was the dominant regional market in 2017 and accounted for over 35% of the global share. The region is expected to witness a significant growth owing to rising demand from countries, such as U.K., Germany, Spain, Italy, and France among others. North America is projected to be the fastest-growing regional market at an estimated CAGR of XX% from 2018 to 2030 due to increasing product use in food & beverages sector along with personal care products manufacturing industry growth in Mexico and Canada.
Growth Factors:
- Increasing demand for natural flavors and fragrances in food and beverage industry
- Rising awareness about the benefits of synthetic cinnamaldehyde among consumers
- Growing use of synthetic cinnamaldehyde in personal care products
- Increasing investment by manufacturers in research and development activities to develop new applications for synthetic cinnamaldehyde
- Rapid growth of the e-commerce sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Cinnamaldehyde Market Research Report
By Type
Food Grade, Chemical Grade
By Application
Food &beverages, Household &Personal care, Agriculture, Healthcare
By Companies
Berje, NIPA Laboratories, Penta Manufacturing, D&O Chemical, Givaudan Corporation, Quest International Fragrances, Chemical Dynamics, CHEM-FLEUR, Haarmann & Revmer, Universal Oil Products
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Cinnamaldehyde Market Report Segments:
The global Synthetic Cinnamaldehyde market is segmented on the basis of:
Types
Food Grade, Chemical Grade
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 &beverages, Household &Personal care, Agriculture, Healthcare
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:
- Berje
- NIPA Laboratories
- Penta Manufacturing
- D&O Chemical
- Givaudan Corporation
- Quest International Fragrances
- Chemical Dynamics
- CHEM-FLEUR
- Haarmann & Revmer
- Universal Oil Products
Highlights of The Synthetic 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:
- Food Grade
- Chemical Grade
- By Application:
- Food &beverages
- Household &Personal care
- Agriculture
- Healthcare
- 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 Synthetic 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?
Synthetic cinnamaldehyde is a chemical compound that is used as an odorant and flavoring agent. It is also used in cosmetics, detergents, and plastics.
Some of the key players operating in the synthetic cinnamaldehyde market are Berje, NIPA Laboratories, Penta Manufacturing, D&O Chemical, Givaudan Corporation, Quest International Fragrances, Chemical Dynamics, CHEM-FLEUR, Haarmann & Revmer, Universal Oil Products.
The synthetic cinnamaldehyde market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Synthetic 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 Synthetic Cinnamaldehyde Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Synthetic 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 Synthetic 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 Synthetic Cinnamaldehyde Market Size & Forecast, 2020-2028
4.5.1 Synthetic Cinnamaldehyde Market Size and Y-o-Y Growth
4.5.2 Synthetic 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 Food Grade
5.2.2 Chemical Grade
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 &beverages
6.2.2 Household &Personal care
6.2.3 Agriculture
6.2.4 Healthcare
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synthetic 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 Synthetic 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 Food Grade
9.6.2 Chemical Grade
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 &beverages
9.10.2 Household &Personal care
9.10.3 Agriculture
9.10.4 Healthcare
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 Food Grade
10.6.2 Chemical Grade
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 &beverages
10.10.2 Household &Personal care
10.10.3 Agriculture
10.10.4 Healthcare
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 Food Grade
11.6.2 Chemical Grade
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 &beverages
11.10.2 Household &Personal care
11.10.3 Agriculture
11.10.4 Healthcare
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 Food Grade
12.6.2 Chemical Grade
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 &beverages
12.10.2 Household &Personal care
12.10.3 Agriculture
12.10.4 Healthcare
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 Food Grade
13.6.2 Chemical Grade
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 &beverages
13.10.2 Household &Personal care
13.10.3 Agriculture
13.10.4 Healthcare
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 Synthetic Cinnamaldehyde Market: Competitive Dashboard
14.2 Global Synthetic Cinnamaldehyde Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Berje
14.3.2 NIPA Laboratories
14.3.3 Penta Manufacturing
14.3.4 D&O Chemical
14.3.5 Givaudan Corporation
14.3.6 Quest International Fragrances
14.3.7 Chemical Dynamics
14.3.8 CHEM-FLEUR
14.3.9 Haarmann & Revmer
14.3.10 Universal Oil Products
