Stratview Research has recently published a report on the cinnamic aldehyde market. This strategically evaluated report provides a detailed overview that presents today’s market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2021 to 2026.
The Cinnamic Aldehyde Market is Segmented by Product Type (Aroma Agent, Flavor Agent, and Antimicrobial Agent), by Source Type (Natural and Synthetic), by End-Use Type (Household & Personal Care, Food & Beverages, Agriculture, and Healthcare), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
cinnamic aldehyde market Analysis:
Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the cinnamic aldehyde market is likely to witness a CAGR of 6.8% during the forecast period.
Some of the companies drive the market growth:
- Elan
- ECSA Chemicals
- Jayshree Aromatics
- M&U International
- Prakash Chemicals International
- Symrise
- Lansdowne Chemicals
- SRS Aromatics
- Taytonn
- Treatt.
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Segments Analysis
By Source Type
Based on the source type, the market is segmented into natural and synthetic. Natural sources accounted for more than 80% share of the total cinnamic aldehyde market in 2020, and they are likely to maintain their dominance during the forecast period as well. High demand for organic processed foods and beverages continues to be a key growth driver for the segment’s penetration into the market.
By Region
In terms of regions, Asia-Pacific dominated the market in 2020, and is expected to maintain its incontestable lead during the forecast period as well. Easy and extensive availability of cinnamon is one of the major drivers of growth of the industry in the region’s market. Further, the growth of the market is supported by increased consumption of food & beverages, modification of demographic and income trends, particularly in India, China, Indonesia and Japan, will have positive effects on the product scope. North America and Europe are also expected to offer lucrative growth opportunities over the forecast period.
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
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