Natural Ferulic Acid Market Report

Market Insights

Natural Ferulic Acid Market is likely to witness an impressive CAGR of 6.7% during the forecast period. Growing demand for anti-aging creams, use of natural ferulic acid in anti-aging serums given its abilities in reducing age spots and wrinkles, a significant rise in spending on personal care products are some of the major factors driving the market growth during the forecast period.

Segment Analysis

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Natural Ferulic Acid Market Share: By Purity Type

Based on the purity type, the market is segmented as natural ferulic acid <98% and natural ferulic acid >=98%. Natural ferulic acid <98% dominated the market in 2019, owing to its rising usage in the fabrication of vanillin, which is widely used in pharmaceutical and food & beverage industries. In addition, its antioxidant capacity enhances its compatibility for food processing, chocolate, ice cream and baking applications. The increasing demand for proteins, antioxidant-rich products and healthy lifestyles is further expected to boost the market growth during the forecast period.

Natural Ferulic Acid Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the leading region in the market driven by the growth in countries such as Japan, India, and China. The growth in the e-retail sector paired with urbanization is creating demand for packaged food. Natural ferulic acid finds its usage in food additives. In addition, rise in the consumption of canned meat accompanied with government initiatives to promote investment in the food sector is further expected to drive the natural ferulic acid market during the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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Market Scope & Segmentation

Natural ferulic acid is a phenolic phytochemical which is an important element of various food products as well as medicines. It contains antioxidant and therapeutic properties due to which it finds widespread usage in medicines and food products.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The natural ferulic acid market is segmented into the following categories.

Natural Ferulic Acid Market Size, Share, & Forecast, by Purity Type:

• Natural Ferulic Acid <98%
  • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
  • Type Analysis: Cosmetics, Pharmaceuticals, and Functional Food & Dietary Supplements
• Natural Ferulic Acid >=98%  
  • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
  • Type Analysis: Pharmaceuticals, Food Preservatives, and Cosmetics

Natural Ferulic Acid Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the key players in the natural ferulic acid market are-

• Cayman Chemical
• Hunan Huacheng Biotech, Inc.
• Kingherbs Ltd.
• Kowa India Pvt. Ltd.
• Haihang Industry Co., Ltd.
• Oryza Oil & Fat Chemical Co., Ltd.
• Shaanxi Guanjie Technology Co.
• Sisco Research Laboratories Pvt. Ltd.
• Xi’an App-Chem Bio (Tech) Co.
• Zhonglan Industry Co., Ltd.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation by any one of the purity types by region.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.