Natural Cinnamic Aldehyde Market is Projected to Reach US$ 1,327.4 Mn By 2028

VALLEY COTTAGE, New York, July 11, 2018 /PRNewswire/ --

Future Market Insights' newly published market report, "Natural Cinnamic Aldehyde Market: Global Industry Analysis and Forecast, 2018-2028" examines the natural cinnamic aldehyde market and offers crucial market insights for the next 10 years. According to the report, the flavoring agent application segment of the natural cinnamic aldehyde market is expected to dominate the market, accounting for around 76.2% share of the overall market value by 2028 end while registering a CAGR of 3.1% during the forecast period (2018 - 2028). The estimated value of the global natural cinnamic aldehyde market in 2018 is expected to be US$ 927.6 Mn and the market is projected to reach US$ 1,327.4 Mn by the end of 2028.

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Global Natural Cinnamic Aldehyde Market: Dynamics 

The global natural cinnamic aldehyde market is estimated to be driven by growing demand from the rapidly growing food & beverages and perfume industries. Also, progress pertaining to increase in demand for food additives among customers is expected to result in demand rise in the natural cinnamic aldehyde market. Major players involved in the natural cinnamic aldehyde market are channelizing efforts to inculcate advanced process developments and strengthen their production infrastructure to make the available products more pure. This will encourage sales volume growth of natural cinnamic aldehyde across regions. Moreover, emphasis on mergers and acquisitions in the perfume and food & beverages industries is also expected to gain momentum during the forecast period, thereby further pushing revenue growth of the global natural cinnamic aldehyde market.

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People across the world are becoming more heath conscious and choosing healthy diets to maintain their healthy lifestyle. Cinnamic aldehyde has powerful medicinal properties -- it has anti-inflammatory properties, it lowers the blood sugar levels and helps in treating neurodegenerative diseases. Various research publications and strategically sponsored advertisements by prominent market players and institutions have immensely influenced people to include cinnamic aldehyde in their diet.