Cinnamic Acid is an aromatic compound having crystalline structure and odor similar to that of honey. It is widely used as a flavouring agent in fragrance/perfume industry. It occurs naturally in cinnamon plants and also in several other plants. The major application segments for the Cinnamic Acid market are fragrance/perfume, pharmaceuticals, cosmetic, synthetic indigo and others.
Fragrance/perfume industry has been driving this market over the past few years, and is estimated to grow at the highest growth rate amongst all other application segments during the forecast period. Asia Pacific region projects immense opportunities for this market as the region anticipates rapid growth in the cosmetics and fragrance/perfumes industries over the coming years.
Europe and North America regions are the major consumers of the cosmetic industry worldwide and have been driving the Cinnamic Acid market for the last five years. However, rapid industrialization and growth in economy in Asia-Pacific region projects huge potential for this market.
The global Cinnamic Acid market is estimated at $xx million for the year 2013 and is expected to grow at a CAGR of xx% during the forecast period.
The report consolidates various key players in the Cinnamic Acid market. Some leading players active in this market are: BASF SE, ROYAL DSM, Bayer AG and others.
This study aims to estimate the global market of Cinnamic Acid for 2013 and to project its projected demand by 2019. This market research study provides a detailed qualitative and quantitative analysis of this market.
We have used various secondary sources such as directories, industrial journals, and database to identify and collect information useful for this extensive commercial study of the market. The primary sources – experts from related industries and suppliers- have been interviewed to obtain and verify critical information as well as to assess the future prospects of this market.
Scope of this report
This research report categorizes the global market for Cinnamic Acid on the basis of application, end-user industries, and geography along with forecasting volume, value, and analysing trends in each of the submarkets.
On the basis of applications
- Synthetic Indigo
On the basis of geography
- North America
Please fill in the form below to receive a free copy of the Summary of this Report
Please visit http://www.micromarketmonitor.com/custom-research-services.html to specify your custom Research Requirement