Natural Cinnamic Aldehyde Market is Projected to Reach US$ 1,327.4 Mn By 2028 - Seite 2

The global fragrances market was worth US$ 48 Bn in 2016. Many luxury brands have expanded into fragrances as entry points for customers. Fragrances are often more affordable than luxury goods, such as bags or shoes, allowing these brands to tap into middle- and lower-income consumer segments. Almost, in all perfume production facilities, cinnamic aldehyde is utilised for its sweet and natural scent.

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Global Natural Cinnamic Aldehyde Market: Forecast 

On the basis of application, the flavouring agent segment is expected to witness highest growth in terms of volume during the forecast period. As per the forecast, the flavouring agent segment is estimated to account for more than 3.9% share in the overall market value by the end of the forecast period. This is largely due to the massive applications of natural cinnamic aldehyde in various food products.

View Report Preview at Natural Cinnamic Aldehyde Market Segmentation By Application - Flavoring agent, Perfume additive, Antimicrobial agent, Others; End-use - Food & beverages, Perfume, Agrochemicals, Home & personal care, Metal & mining, Others: https://www.futuremarketinsights.com/reports/natural-cinnamic-aldehyde-market

On the basis of region, North America is anticipated to dominate the global natural cinnamic aldehyde market throughout the forecast period. The region's market is expected to expand at a CAGR of around 3.8% during the forecast period. SEA & Pacific region is anticipated to display relatively higher CAGR during forecast period in the global natural cinnamic aldehyde market. These two regions along with Western Europe are expected to register attractive growth rates in the global natural cinnamic aldehyde market during the forecast period.

Global Natural Cinnamic Aldehyde Market: Competitive Landscape 

Some of the players reported in this study on the global Natural Cinnamic Aldehyde market are Robertet SA, WEN International Inc., Fleurchem, Inc., Sunaux International, Graham Chemical Corporation, Indukern F&F, Aurochemicals, Elan Chemical Company Inc., ERNESTO VENTOS SA and Finoric LLC, among others. Industry players, over the recent past, have been channelizing efforts to embrace advanced technology to optimise their performance. Manufacturers have been focussing on strategic acquisitions to rapidly strengthen their business. These factors are expected to positively impact the global Natural Cinnamic Aldehyde market in the near future.