Cinnamyl Alcohol Market Size, Share & Industry Analysis, By type (Cinnamyl Alcohol >98.5%, Cinnamyl Alcohol 95.0%, Other), By Application (Food, Cosmetic, Pharmaceuticals, Other), and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI103771 | Status : Ongoing

KEY INDUSTRY INSIGHTS

Cinnamyl alcohol is an organic compound found in esterified form in storax, Peruvian balm and cinnamon leaves. It creates a crystal structure of white solid when clean, or a yellow oil when slightly impure. It can be generated by storax hydrolysis. Cinnamyl alcohol has an unique smell, balsamic, aromatic, cinnamon, and is used in perfumes. Cinnamyl alcohol exists naturally in small quantities, so that its industrial requirement is generally fulfilled by cinnamaldehyde-based synthetic chemistry. The combination is solid at room temperature, generating colorless crystals that melt at moderate simmer. This is common of most high-molecular weight alcohols, it is less dissolved in water at room temperature, but is completely soluble in most alcohols.

Due to rapid population growth, people are becoming very fond of maintenance and personal care. This has contributed to the widespread use of cinnamyl alcohol worldwide. Cinnamyl alcohol is also applied as a seasoning in a number of food items, such as jams, bakery and pastries. Buyers are always looking for new tastes, cinnamyl alcohol in several food items stands to be a new choice. Uncertainty in the price of raw material used for the production is established as a limiting factor in the demand for cinnamyl alcohol. In addition, high competition between major players in the market due to lack of supply also hinders the growth of the sector.

Key Market Driver -

Increasing demand food and fragrance industry drives the market.

Key Market Restraint -

Uncertainties in prices of raw materials and high competition will restrict growth.

Market Segmentation:

Based on type, the market for global cinnamyl alcohol is segmented into cinnamyl alcohol >98.5% and cinnamyl alcohol 95.0%, and others. On the basis of application, the market is classified into food, cosmetic, pharmaceuticals and other. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global cinnamyl alcohol market is fairly fragmented, with number of players operating in the global markets. Some of the key players in the global cinnamyl alcohol market includes Emerald Kalama Chemical, Yuancheng Saichuang Technology, Super Chemicals, Godavari Sugar Mills, TNJ CHEMICAL, Rajkeerth Aromatics and Biotech.

Key Insights

New Advancements in Production Technologies

Key Trends in the Global Cinnamyl Alcohol Market

New Product Launches, Expansions, Key Players

Ranking of Key Players in the Market

Regional Analysis:

The global cinnamyl alcohol market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is projected to expand rapidly as a result of sudden growth in emerging economies and increasing changes in regional industries. Rising numbers of population in Asia-Pacific enjoy functional foods, and increased competition in the food processing sector has led to the successful growth of the cinnamyl alcohol market and has accounted for the highest consumption. Cinnamyl alcohol is commonly used in the United States due to a increasing consumer demand for a variety of flavors and fragrances. Cinnamyl alcohol is primarily used in personal - care products in Europe. The Middle East and the African region will rank among the recent advances led by regional industrial growth, in specific the progress of production plants. Latin America also suffers from political turmoil and economic uncertainty that hinders business growth.

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Segmentation

ATTRIBUTE	DETAILS
By Type	Cinnamyl Alcohol >98.5% Cinnamyl Alcohol 95.0% Other
By Application	Food Cosmetic Pharmaceuticals Other
By Geography	North America (USA, Canada) Europe (UK, Germany, France, Italy, Spain, Russia, BENELUX and Rest of Europe) Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia and Rest of Asia Pacific) Latin America (Brazil, Mexico, Rest of Latin America) Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Global Cinnamyl Alcohol Market Industry Developments

In 2017, Emerald Kalama Chemical. a material solution provider has announced that it has completed its expansion at the company’s Netherlands location. The entirely expanded and deployed growth improves Emerald 's worldwide strengths, production versatility and ability for Purox B Benzoic Acid, Kalama Hexyl Cinnamic Aldehyde (HCA), Kalama Benzaldehyde and Kalama Amyl Cinnamic Aldehyde (ACA).

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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