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Global Trans-cinnamic Acid Market 2018-2022

  • Published: Feb 2018
  • Pages: 102
  • SKU: IRTNTR20672
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This market research report presents a comprehensive analysis of the global trans-cinnamic acid market based on applications such as flavors, dyes and coatings, pharmaceuticals, and reagents. The report also provides an analysis of the market's growth prospects across different geographic regions such as the Americas, APAC, and EMEA.

Overview of the global trans-cinnamic acid market

Trans-cinnamic acid is not only used as a flavoring agent for bakery goods, confectionaries, beverages, and toothpaste but also as a precursor for esters to develop fragrances. Manufacturers extensively use trans-cinnamic acid to impart fragrance in air fresheners, soaps, and cosmetics. It is also used in mouthwash, chewing gums, and perfumes. Manufacturers of toiletries and household products increasingly rely on trans-cinnamic acid to impart fragrances. The growing demand for aroma chemicals in manufacturing medicines will further trigger the demand for trans-cinnamic acid. Technavio’s market research report identifies that the rapid expansion of flavors and fragrance industry will be one of the primary growth drivers for the global trans-cinnamic acid market till 2022. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 6% by 2022.

Manufacturers extensively add flavors in products such as lipsticks, cosmetic products, and oral hygiene products. The rising demand for flavor blends from the cosmetic industry is identified as one of the key trends that will gain traction in the trans-cinnamic acid market. Vendors are investing more in their production capability and distribution network and focusing on attracting more customers by using flavoring agents in cosmetic products. This in turn, will boost the demand for flavoring agents such as trans-cinnamic acid.

Companies covered

The trans-cinnamic acid market appears to be highly concentrated. The industry research report provides a comprehensive analysis of the market’s competitive landscape and the growth prospects for the vendors in the cinnamic acid market. Additionally, the report provides information about the strategies adopted by companies to enhance their revenue shares in this competitive market.

This research report provides an an analysis of the various companies in this market including –

  • BOC Sciences    
  • Capot Chemical
  • Ivy Fine Chemicals          
  • Merck  
  • Tokyo Chemical Industry              

Segmentation by application and analysis of the trans-cinnamic acid market

  • Flavors
  • Dyes and coatings
  • Pharmaceuticals
  • Reagents

The trans-cinnamic acid market is witnessing maximum growth in the flavors segment. This attributes to the extensive use of trans-cinnamic acid as a flavoring agent in several products including beverages and bakery goods.

Segmentation by geography and analysis of the trans-cinnamic acid market

  • Americas
  • APAC
  • EMEA

In terms of geography, APAC accounted for the major shares of the trans-cinnamic acid market during 2017. Our anaysts have predicted that this region will continue to account for the maximum share of this cinnamic acid market throughout the predicted period as well.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2022?
  • What are the key factors driving the global trans-cinnamic acid market?
  • What are the key market trends impacting the growth of the global trans-cinnamic acid market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global trans-cinnamic acid market?
  • What are the market opportunities and threats faced by the vendors in the global trans-cinnamic acid market?
  • What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
  • What are the key outcomes of the five forces analysis of the global trans-cinnamic acid market?

Technavio also offers customization on reports based on specific client requirement.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

  • Segmentation by application
  • Comparison by application
  • Flavors – Market size and forecast 2017-2022
  • Dyes and coatings – Market size and forecast 2017-2022
  • Pharmaceuticals – Market size and forecast 2017-2022
  • Reagents – Market size and forecast 2017-2022
  • Market opportunity by application

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • APAC – Market size and forecast 2017-2022
  • Americas – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Continuous R&D to prepare indigo dye which is less hazardous to health
  • Expanding demand for flavors from cosmetic industry

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • BOC Sciences
  • Capot Chemical
  • Ivy Fine Chemicals
  • Merck
  • Tokyo Chemical Industry

PART 15: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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