Cinnamic acid or (E)-3-phenylprop-2-enoic acid is an aromatic organic compound which has a crystalline structure and is freely soluble in various organic solvents. Cinnamic acid has an odor similar to that of honey which makes suitable as a flavoring agent. Cinnamic acid occurs naturally in several plants including cinnamon. The major applications for cinnamic acid include synthetic indigo, flavouring agent and preparation of various esters, amides and cinnamoyl acids which find range of pharmaceutical uses especially in diseases like malaria and tuberculosis.This growth is primarily driven by Increase in Number of Patients Suffering from Tuberculosis and Malaria Especially in Rural Areas in Developing Nations and The Growth in the Demand in the Cosmetic Industry.
Globally, a noticeable market trend is evident Continuous R&D to Prepare Indigo Dye by Key Market Players. Major Vendors, such as BASF SE (Germany), Guangzhou shiny co. (China), Koninklijke DSM N.V. (Netherlands), Bayer AG (Germany), Elan Chemical Company (United States), Omega Ingredients (United Kingdom), Wuhan Organic Material (China) and Others etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Increase in Number of Patients Suffering from Tuberculosis and Malaria Especially in Rural Areas in Developing Nations
- The Growth in the Demand in the Cosmetic Industry
- Continuous R&D to Prepare Indigo Dye by Key Market Players
- Federal Regulations Associated With Manufacturing and Consumption of Cinnamic Acid
Increasing Demand from the Perfume industry and as a Flavoring agent
AdvanceMarketAnalytics follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization of the Report:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase