Cinnamaldehyde Market Scope
Cinnamaldehyde is an aldehyde that gives cinnamon its flavour and odour. Cinnamaldehyde arises naturally in the bark of cinnamon trees and other species of the genus Cinnamomum like camphor and cassia. These trees are the natural source of cinnamon and the essential oil of cinnamon bark is about 90% cinnamaldehyde. Cinnamaldehyde is used as a fungicide and also can be used in combination with additional components such as dispersing agents, solvents and other surfactants. The increasing use of cinnamaldehyde as anti-microbial in personal care products.
According to AMA, the Global Cinnamaldehyde market is expected to see growth rate of 6.44%
Research Analyst at AMA estimates that United States and Chinese Vendors will contribute to the maximum growth of Global Cinnamaldehyde market throughout the predicted period.
Labseeker Inc. (United States), Muby Chemicals (India), Lanxess Aktiengesellschaft (Germany), Emerald Kalama Chemical LLC (United States), Jayshree Aromatics Pvt. Ltd. (India), Kao Chemical Corporation (China), Finoric LLC (United States), ABI Chem (Germany), Haihang Industry Co., Ltd. (China) and Yingcheng Wuhan Organic Material Co., Ltd. (China) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Cinnamaldehyde market by Type (Flavor Agent, Aroma Agent, Antimicrobial Agent and Other Product Types (Anticancer Agent)), by Application (Food and Beverages, Household & Personal Care Industry, Agriculture, Healthcare and Other) and Region with country level break-up.
On the basis of geography, the market of Cinnamaldehyde has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- The Increasing Use of Cinnamaldehyde as Insecticide in Agriculture Sector
Market Drivers
- The Use of Cinnamaldehyde As Corrosion Inhibitor for Steel and Other Ferrous Alloys Is Rising
- The Growing Use of Cinnamaldehyde as a Flavour Agent in the Food and Beverage Industry
Opportunities
- The Increasing Of Spending Income in Personal Care and Cosmetics Leads to Growth in Cinnamaldehyde
Restraints
- Government Regulations against Cinnamaldehyde
Challenges
- Concentrated Cinnamaldehyde Can Cause Skin Irritation
Key Target Audience
Cinnamaldehyde Manufacturers, New Entrants/Investors, Raw Material Suppliers, Dealers, Suppliers, Traders, And Distributors and Government Regulatory And Research Organizations