Cinnamic Acid Market - Global Outlook and Forecast 2022-2028

March 2022 | 78 pages | ID: C99D2F560E5CEN
Market Monitor Global

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Cinnamic acid or (E)-3-phenylprop-2-enoic acid is an aromatic organic compound which has crystalline structure and is freely soluble in various organic solvents. Cinnamic acid has odor similar to that of honey which makes suitable as flavoring agent. Cinnamic acid occurs naturally in several plants including cinnamon. The major applications for cinnamic acid include synthetic indigo, flavoring agent and preparation of various esters, amides and cinnamoyl acids which find range of pharmaceutical uses especially in diseases like malaria and tuberculosis. The derivatives of cinnamic acid are used as main components in anti-oxidants, anti-diabetic and anti-cholesterolemic medicines. The market for cinnamic acid is governed by its major application in perfume industry and as a flavoring agent which are in greater demand across Asia-pacific region. The other drivers for cinnamic acid include its derivative preparations which are mostly used in various medicinal preparations including that of tuberculosis and malaria which are predominant in developing countries like India and Brazil. Cinnamic acid’s application in skin care products (usually sun screen products) makes it grow across developed countries like the U.S and Western Europe as these countries are major consumers of cosmetic industry across globe.

This report contains market size and forecasts of Cinnamic Acid in global, including the following market information:

Global Cinnamic Acid Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Cinnamic Acid Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Cinnamic Acid companies in 2021 (%)

The global Cinnamic Acid market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Industrial-Grade Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Cinnamic Acid include BASF, Guangzhou Shiny, DSM, Kay Fries and Bayer, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Cinnamic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Cinnamic Acid Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Cinnamic Acid Market Segment Percentages, by Type, 2021 (%)
  • Industrial-Grade
  • Pharmaceutical-Grade
  • Food-Grade
Global Cinnamic Acid Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Cinnamic Acid Market Segment Percentages, by Application, 2021 (%)
  • Industrial
  • Pharmaceutical Industry
  • Food
  • Others
Global Cinnamic Acid Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Cinnamic Acid Market Segment Percentages, By Region and Country, 2021 (%)
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia
    • Nordic Countries
    • Benelux
    • Rest of Europe
  • Asia
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Rest of Asia
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Turkey
    • Israel
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Cinnamic Acid revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Cinnamic Acid revenues share in global market, 2021 (%)

Key companies Cinnamic Acid sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Cinnamic Acid sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
  • BASF
  • Guangzhou Shiny
  • DSM
  • Kay Fries
  • Bayer
1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Cinnamic Acid Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Cinnamic Acid Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL CINNAMIC ACID OVERALL MARKET SIZE

2.1 Global Cinnamic Acid Market Size: 2021 VS 2028
2.2 Global Cinnamic Acid Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Cinnamic Acid Sales: 2017-2028

3 COMPANY LANDSCAPE

3.1 Top Cinnamic Acid Players in Global Market
3.2 Top Global Cinnamic Acid Companies Ranked by Revenue
3.3 Global Cinnamic Acid Revenue by Companies
3.4 Global Cinnamic Acid Sales by Companies
3.5 Global Cinnamic Acid Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Cinnamic Acid Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Cinnamic Acid Product Type
3.8 Tier 1, Tier 2 and Tier 3 Cinnamic Acid Players in Global Market
  3.8.1 List of Global Tier 1 Cinnamic Acid Companies
  3.8.2 List of Global Tier 2 and Tier 3 Cinnamic Acid Companies

4 SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 By Type - Global Cinnamic Acid Market Size Markets, 2021 & 2028
  4.1.2 Industrial-Grade
  4.1.3 Pharmaceutical-Grade
  4.1.4 Food-Grade
4.2 By Type - Global Cinnamic Acid Revenue & Forecasts
  4.2.1 By Type - Global Cinnamic Acid Revenue, 2017-2022
  4.2.2 By Type - Global Cinnamic Acid Revenue, 2023-2028
  4.2.3 By Type - Global Cinnamic Acid Revenue Market Share, 2017-2028
4.3 By Type - Global Cinnamic Acid Sales & Forecasts
  4.3.1 By Type - Global Cinnamic Acid Sales, 2017-2022
  4.3.2 By Type - Global Cinnamic Acid Sales, 2023-2028
  4.3.3 By Type - Global Cinnamic Acid Sales Market Share, 2017-2028
4.4 By Type - Global Cinnamic Acid Price (Manufacturers Selling Prices), 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Cinnamic Acid Market Size, 2021 & 2028
  5.1.2 Industrial
  5.1.3 Pharmaceutical Industry
  5.1.4 Food
  5.1.5 Others
5.2 By Application - Global Cinnamic Acid Revenue & Forecasts
  5.2.1 By Application - Global Cinnamic Acid Revenue, 2017-2022
  5.2.2 By Application - Global Cinnamic Acid Revenue, 2023-2028
  5.2.3 By Application - Global Cinnamic Acid Revenue Market Share, 2017-2028
5.3 By Application - Global Cinnamic Acid Sales & Forecasts
  5.3.1 By Application - Global Cinnamic Acid Sales, 2017-2022
  5.3.2 By Application - Global Cinnamic Acid Sales, 2023-2028
  5.3.3 By Application - Global Cinnamic Acid Sales Market Share, 2017-2028
5.4 By Application - Global Cinnamic Acid Price (Manufacturers Selling Prices), 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Cinnamic Acid Market Size, 2021 & 2028
6.2 By Region - Global Cinnamic Acid Revenue & Forecasts
  6.2.1 By Region - Global Cinnamic Acid Revenue, 2017-2022
  6.2.2 By Region - Global Cinnamic Acid Revenue, 2023-2028
  6.2.3 By Region - Global Cinnamic Acid Revenue Market Share, 2017-2028
6.3 By Region - Global Cinnamic Acid Sales & Forecasts
  6.3.1 By Region - Global Cinnamic Acid Sales, 2017-2022
  6.3.2 By Region - Global Cinnamic Acid Sales, 2023-2028
  6.3.3 By Region - Global Cinnamic Acid Sales Market Share, 2017-2028
6.4 North America
  6.4.1 By Country - North America Cinnamic Acid Revenue, 2017-2028
  6.4.2 By Country - North America Cinnamic Acid Sales, 2017-2028
  6.4.3 US Cinnamic Acid Market Size, 2017-2028
  6.4.4 Canada Cinnamic Acid Market Size, 2017-2028
  6.4.5 Mexico Cinnamic Acid Market Size, 2017-2028
6.5 Europe
  6.5.1 By Country - Europe Cinnamic Acid Revenue, 2017-2028
  6.5.2 By Country - Europe Cinnamic Acid Sales, 2017-2028
  6.5.3 Germany Cinnamic Acid Market Size, 2017-2028
  6.5.4 France Cinnamic Acid Market Size, 2017-2028
  6.5.5 U.K. Cinnamic Acid Market Size, 2017-2028
  6.5.6 Italy Cinnamic Acid Market Size, 2017-2028
  6.5.7 Russia Cinnamic Acid Market Size, 2017-2028
  6.5.8 Nordic Countries Cinnamic Acid Market Size, 2017-2028
  6.5.9 Benelux Cinnamic Acid Market Size, 2017-2028
6.6 Asia
  6.6.1 By Region - Asia Cinnamic Acid Revenue, 2017-2028
  6.6.2 By Region - Asia Cinnamic Acid Sales, 2017-2028
  6.6.3 China Cinnamic Acid Market Size, 2017-2028
  6.6.4 Japan Cinnamic Acid Market Size, 2017-2028
  6.6.5 South Korea Cinnamic Acid Market Size, 2017-2028
  6.6.6 Southeast Asia Cinnamic Acid Market Size, 2017-2028
  6.6.7 India Cinnamic Acid Market Size, 2017-2028
6.7 South America
  6.7.1 By Country - South America Cinnamic Acid Revenue, 2017-2028
  6.7.2 By Country - South America Cinnamic Acid Sales, 2017-2028
  6.7.3 Brazil Cinnamic Acid Market Size, 2017-2028
  6.7.4 Argentina Cinnamic Acid Market Size, 2017-2028
6.8 Middle East & Africa
  6.8.1 By Country - Middle East & Africa Cinnamic Acid Revenue, 2017-2028
  6.8.2 By Country - Middle East & Africa Cinnamic Acid Sales, 2017-2028
  6.8.3 Turkey Cinnamic Acid Market Size, 2017-2028
  6.8.4 Israel Cinnamic Acid Market Size, 2017-2028
  6.8.5 Saudi Arabia Cinnamic Acid Market Size, 2017-2028
  6.8.6 UAE Cinnamic Acid Market Size, 2017-2028

7 MANUFACTURERS & BRANDS PROFILES

7.1 BASF
  7.1.1 BASF Corporate Summary
  7.1.2 BASF Business Overview
  7.1.3 BASF Cinnamic Acid Major Product Offerings
  7.1.4 BASF Cinnamic Acid Sales and Revenue in Global (2017-2022)
  7.1.5 BASF Key News
7.2 Guangzhou Shiny
  7.2.1 Guangzhou Shiny Corporate Summary
  7.2.2 Guangzhou Shiny Business Overview
  7.2.3 Guangzhou Shiny Cinnamic Acid Major Product Offerings
  7.2.4 Guangzhou Shiny Cinnamic Acid Sales and Revenue in Global (2017-2022)
  7.2.5 Guangzhou Shiny Key News
7.3 DSM
  7.3.1 DSM Corporate Summary
  7.3.2 DSM Business Overview
  7.3.3 DSM Cinnamic Acid Major Product Offerings
  7.3.4 DSM Cinnamic Acid Sales and Revenue in Global (2017-2022)
  7.3.5 DSM Key News
7.4 Kay Fries
  7.4.1 Kay Fries Corporate Summary
  7.4.2 Kay Fries Business Overview
  7.4.3 Kay Fries Cinnamic Acid Major Product Offerings
  7.4.4 Kay Fries Cinnamic Acid Sales and Revenue in Global (2017-2022)
  7.4.5 Kay Fries Key News
7.5 Bayer
  7.5.1 Bayer Corporate Summary
  7.5.2 Bayer Business Overview
  7.5.3 Bayer Cinnamic Acid Major Product Offerings
  7.5.4 Bayer Cinnamic Acid Sales and Revenue in Global (2017-2022)
  7.5.5 Bayer Key News

8 GLOBAL CINNAMIC ACID PRODUCTION CAPACITY, ANALYSIS

8.1 Global Cinnamic Acid Production Capacity, 2017-2028
8.2 Cinnamic Acid Production Capacity of Key Manufacturers in Global Market
8.3 Global Cinnamic Acid Production by Region

9 KEY MARKET TRENDS, OPPORTUNITY, DRIVERS AND RESTRAINTS

9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints

10 CINNAMIC ACID SUPPLY CHAIN ANALYSIS

10.1 Cinnamic Acid Industry Value Chain
10.2 Cinnamic Acid Upstream Market
10.3 Cinnamic Acid Downstream and Clients
10.4 Marketing Channels Analysis
  10.4.1 Marketing Channels
  10.4.2 Cinnamic Acid Distributors and Sales Agents in Global

11 CONCLUSION

12 APPENDIX

12.1 Note
12.2 Examples of Clients
12.3 Disclaimer

LIST OF TABLES

Table 1. Key Players of Cinnamic Acid in Global Market
Table 2. Top Cinnamic Acid Players in Global Market, Ranking by Revenue (2021)
Table 3. Global Cinnamic Acid Revenue by Companies, (US$, Mn), 2017-2022
Table 4. Global Cinnamic Acid Revenue Share by Companies, 2017-2022
Table 5. Global Cinnamic Acid Sales by Companies, (K MT), 2017-2022
Table 6. Global Cinnamic Acid Sales Share by Companies, 2017-2022
Table 7. Key Manufacturers Cinnamic Acid Price (2017-2022) & (USD/MT)
Table 8. Global Manufacturers Cinnamic Acid Product Type
Table 9. List of Global Tier 1 Cinnamic Acid Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Cinnamic Acid Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Cinnamic Acid Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Global Cinnamic Acid Revenue (US$, Mn), 2017-2022
Table 13. By Type - Global Cinnamic Acid Revenue (US$, Mn), 2023-2028
Table 14. By Type - Global Cinnamic Acid Sales (K MT), 2017-2022
Table 15. By Type - Global Cinnamic Acid Sales (K MT), 2023-2028
Table 16. By Application – Global Cinnamic Acid Revenue, (US$, Mn), 2021 & 2028
Table 17. By Application - Global Cinnamic Acid Revenue (US$, Mn), 2017-2022
Table 18. By Application - Global Cinnamic Acid Revenue (US$, Mn), 2023-2028
Table 19. By Application - Global Cinnamic Acid Sales (K MT), 2017-2022
Table 20. By Application - Global Cinnamic Acid Sales (K MT), 2023-2028
Table 21. By Region – Global Cinnamic Acid Revenue, (US$, Mn), 2021 VS 2028
Table 22. By Region - Global Cinnamic Acid Revenue (US$, Mn), 2017-2022
Table 23. By Region - Global Cinnamic Acid Revenue (US$, Mn), 2023-2028
Table 24. By Region - Global Cinnamic Acid Sales (K MT), 2017-2022
Table 25. By Region - Global Cinnamic Acid Sales (K MT), 2023-2028
Table 26. By Country - North America Cinnamic Acid Revenue, (US$, Mn), 2017-2022
Table 27. By Country - North America Cinnamic Acid Revenue, (US$, Mn), 2023-2028
Table 28. By Country - North America Cinnamic Acid Sales, (K MT), 2017-2022
Table 29. By Country - North America Cinnamic Acid Sales, (K MT), 2023-2028
Table 30. By Country - Europe Cinnamic Acid Revenue, (US$, Mn), 2017-2022
Table 31. By Country - Europe Cinnamic Acid Revenue, (US$, Mn), 2023-2028
Table 32. By Country - Europe Cinnamic Acid Sales, (K MT), 2017-2022
Table 33. By Country - Europe Cinnamic Acid Sales, (K MT), 2023-2028
Table 34. By Region - Asia Cinnamic Acid Revenue, (US$, Mn), 2017-2022
Table 35. By Region - Asia Cinnamic Acid Revenue, (US$, Mn), 2023-2028
Table 36. By Region - Asia Cinnamic Acid Sales, (K MT), 2017-2022
Table 37. By Region - Asia Cinnamic Acid Sales, (K MT), 2023-2028
Table 38. By Country - South America Cinnamic Acid Revenue, (US$, Mn), 2017-2022
Table 39. By Country - South America Cinnamic Acid Revenue, (US$, Mn), 2023-2028
Table 40. By Country - South America Cinnamic Acid Sales, (K MT), 2017-2022
Table 41. By Country - South America Cinnamic Acid Sales, (K MT), 2023-2028
Table 42. By Country - Middle East & Africa Cinnamic Acid Revenue, (US$, Mn), 2017-2022
Table 43. By Country - Middle East & Africa Cinnamic Acid Revenue, (US$, Mn), 2023-2028
Table 44. By Country - Middle East & Africa Cinnamic Acid Sales, (K MT), 2017-2022
Table 45. By Country - Middle East & Africa Cinnamic Acid Sales, (K MT), 2023-2028
Table 46. BASF Corporate Summary
Table 47. BASF Cinnamic Acid Product Offerings
Table 48. BASF Cinnamic Acid Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 49. Guangzhou Shiny Corporate Summary
Table 50. Guangzhou Shiny Cinnamic Acid Product Offerings
Table 51. Guangzhou Shiny Cinnamic Acid Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 52. DSM Corporate Summary
Table 53. DSM Cinnamic Acid Product Offerings
Table 54. DSM Cinnamic Acid Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 55. Kay Fries Corporate Summary
Table 56. Kay Fries Cinnamic Acid Product Offerings
Table 57. Kay Fries Cinnamic Acid Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 58. Bayer Corporate Summary
Table 59. Bayer Cinnamic Acid Product Offerings
Table 60. Bayer Cinnamic Acid Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 61. Cinnamic Acid Production Capacity (K MT) of Key Manufacturers in Global Market, 2020-2022 (K MT)
Table 62. Global Cinnamic Acid Capacity Market Share of Key Manufacturers, 2020-2022
Table 63. Global Cinnamic Acid Production by Region, 2017-2022 (K MT)
Table 64. Global Cinnamic Acid Production by Region, 2023-2028 (K MT)
Table 65. Cinnamic Acid Market Opportunities & Trends in Global Market
Table 66. Cinnamic Acid Market Drivers in Global Market
Table 67. Cinnamic Acid Market Restraints in Global Market
Table 68. Cinnamic Acid Raw Materials
Table 69. Cinnamic Acid Raw Materials Suppliers in Global Market
Table 70. Typical Cinnamic Acid Downstream
Table 71. Cinnamic Acid Downstream Clients in Global Market
Table 72. Cinnamic Acid Distributors and Sales Agents in Global Market

LIST OF FIGURES

Figure 1. Cinnamic Acid Segment by Type
Figure 2. Cinnamic Acid Segment by Application
Figure 3. Global Cinnamic Acid Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Cinnamic Acid Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Cinnamic Acid Revenue, 2017-2028 (US$, Mn)
Figure 7. Cinnamic Acid Sales in Global Market: 2017-2028 (K MT)
Figure 8. The Top 3 and 5 Players Market Share by Cinnamic Acid Revenue in 2021
Figure 9. By Type - Global Cinnamic Acid Sales Market Share, 2017-2028
Figure 10. By Type - Global Cinnamic Acid Revenue Market Share, 2017-2028
Figure 11. By Type - Global Cinnamic Acid Price (USD/MT), 2017-2028
Figure 12. By Application - Global Cinnamic Acid Sales Market Share, 2017-2028
Figure 13. By Application - Global Cinnamic Acid Revenue Market Share, 2017-2028
Figure 14. By Application - Global Cinnamic Acid Price (USD/MT), 2017-2028
Figure 15. By Region - Global Cinnamic Acid Sales Market Share, 2017-2028
Figure 16. By Region - Global Cinnamic Acid Revenue Market Share, 2017-2028
Figure 17. By Country - North America Cinnamic Acid Revenue Market Share, 2017-2028
Figure 18. By Country - North America Cinnamic Acid Sales Market Share, 2017-2028
Figure 19. US Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 20. Canada Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 21. Mexico Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 22. By Country - Europe Cinnamic Acid Revenue Market Share, 2017-2028
Figure 23. By Country - Europe Cinnamic Acid Sales Market Share, 2017-2028
Figure 24. Germany Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 25. France Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 26. U.K. Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 27. Italy Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 28. Russia Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 29. Nordic Countries Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 30. Benelux Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 31. By Region - Asia Cinnamic Acid Revenue Market Share, 2017-2028
Figure 32. By Region - Asia Cinnamic Acid Sales Market Share, 2017-2028
Figure 33. China Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 34. Japan Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 35. South Korea Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 36. Southeast Asia Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 37. India Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 38. By Country - South America Cinnamic Acid Revenue Market Share, 2017-2028
Figure 39. By Country - South America Cinnamic Acid Sales Market Share, 2017-2028
Figure 40. Brazil Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 41. Argentina Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 42. By Country - Middle East & Africa Cinnamic Acid Revenue Market Share, 2017-2028
Figure 43. By Country - Middle East & Africa Cinnamic Acid Sales Market Share, 2017-2028
Figure 44. Turkey Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 45. Israel Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 46. Saudi Arabia Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 47. UAE Cinnamic Acid Revenue, (US$, Mn), 2017-2028
Figure 48. Global Cinnamic Acid Production Capacity (K MT), 2017-2028
Figure 49. The Percentage of Production Cinnamic Acid by Region, 2021 VS 2028
Figure 50. Cinnamic Acid Industry Value Chain
Figure 51. Marketing Channels


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