Synthetic Cinnamaldehyde Market Analysis

Product Type (Flavor agent, Antimicrobial agent, Aroma agent, Pesticide & Insecticide)

The antimicrobial agent segment is poised to hold 42% share of the global synthetic cinnamaldehyde market during the forecast period. The increased demand for antimicrobial agents arising from various industries like healthcare, food processing, and packaging due to growing concerns about hygiene, food safety, and health. Antimicrobial agents are extensively used in these sectors to inhibit the growth of microorganisms and ensure product safety, contributing to their projected market growth.

Application (Food & beverages, Household & Personal Care, Agriculture, Healthcare, Industrial)

Synthetic cinnamaldehyde market from the food and beverages segment is set to garner the majority revenue share. This segment typically holds the highest market share owing to the universal necessity of food products and the continuous demand for innovations in food processing, preservation, and safety. The food & beverage industry consistently seeks advancements in ingredients, packaging, and processing techniques, leading to significant growth opportunities and a substantial market size. As per statistics, the synthetic food industry accumulated a revenue of USD 16 billion in 2023. This enhanced opportunities for the market.

Our in-depth analysis of the global market includes the following segments:

Product Type	Flavor agent Antimicrobial agent Aroma agent Pesticide & Insecticide
Application	Food & beverages Household & Personal Care Agriculture Healthcare Industrial

Frequently Asked Questions (FAQ)

Increasing adoption in industrial and chemical processes, rising demand in the food and beverage industry, and growing applications in the pharmaceutical industry are some of the major growth drivers in the market.

The market size of Synthetic Cinnamaldehyde is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2024-2036.

The major players in the market are Symrise, Chem-Fleur, Inc/ Firmenich SA., Chemical Dynamics, Inc., Givaudan, Penta Manufacturing Company, LLC., BERJÃ‰ INC, Merck KGaA, ABI Chem, TimTec LLC, NIPPON A&L INC. and others.

The antimicrobial agent segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.

Synthetic Cinnamaldehyde Market Analysis