Cinnamic Acid Market Growth Rate, Statistics, Segment and Forecasts To 2026| BASF, Guangzhou Shiny Co.& DSM

 

Cinnamic acid, also known as (E)-3-phenyl prop-2-enoic acid, is a crystalline aromatic chemical molecule that is easily soluble in a variety of organic solvents. Cinnamic acid has a honey-like odour, making it an excellent flavouring ingredient. Cinnamic acid is found in a variety of plants, including cinnamon. Synthetic indigo, flavouring ingredient, and synthesis of various esters, amides, and cinnamoyl acids are some of the most common uses for cinnamic acid, which have a wide range of therapeutic applications, particularly in diseases like malaria and tuberculosis.

Cinnamic acid derivatives are common ingredients in anti-oxidants, anti-diabetic, and anti-cholesterolemic medications. Cinnamic acid's market is dominated by its main applications in the perfume industry and as a flavouring ingredient, both of which are in high demand in the Asia-Pacific area. Other drivers for cinnamic acid include its derivative preparations, which are primarily employed in various pharmaceutical preparations, such as those for tuberculosis and malaria, which is prevalent in developing nations such as India and Brazil.

Cinnamic acid's use in skin care products (typically sunscreen products) has caused it to gain in popularity in developed countries such as the United States and Western Europe, as these countries are major consumers of cosmetics around the world. Cinnamic acid is found naturally in cinnamon oils, but it may also be made industrially by combining benzyl dichloride with sodium acetate. Cinnamic acid's chemical structure provides reactive sites for phenyl ring replacement and carboxyl acid reactions, making it appropriate for the synthesis of a variety of medicinal derivatives.

Cinnamic acid is used primarily in the perfume and fragrance industry, as well as as a flavouring agent (as a precursor to the artificial sweetener aspartame), in the preparation of synthetic indigo, and in the form of derivatives in the preparation of medicinal drug preparations for diseases such as tuberculosis and malaria. Skincare products, which are widely used in the cosmetic business, are another important driver for cinnamic acid. Cinnamic acid is in high demand as the cosmetics business expands around the world.

The global cinnamic acid market is divided into five regions: North America, Latin America, Asia Pacific, Europe, the Middle East, and Africa. Due to the rise of the cosmetics and fragrance/perfumes industries in the area, Asia Pacific is expected to have a leading position in the worldwide cinnamic acid market over the forecast period.

Cinnamic acid is extremely essential due to its therapeutic applications in the form of derivatives. Due to a surge in the number of people suffering from tuberculosis and malaria, particularly in rural regions, emerging nations such as India and Brazil is the largest cinnamic acid market. As a result, the demand for cinnamic acid in these countries would increase. The demand for cinnamic acid is also fueled by its use in the cosmetics industry. Skincare products are in high demand in industrialised countries such as the United States, Russia, and other European Cinnamic acid markets.

Cinnamic acid is manufactured by several businesses, including BASF, Guangzhou Shiny Co., DSM, Kay Fries (USA), and Bayer ltd.