Cinnamic Aldehyde Market Cinnamic Aldehyde Market | Page 2

Based on the source, the market could span Synthetic and Natural. The “Natural” segment led the market in 2017 and will continue to lead in the forecast period. The key factors that may be attributed to the growth of the market includes high accessibility of naturally sourced products and growing consumer health concern. The key applications that could be explored in the market include Odor agent, Flavoring agent, and others. The market could be explored based on the end user as Food & Beverages, Household & Personal Care, Agriculture, and Healthcare. Asia-Pacific accounted for the major share of the cinnamic aldehyde market in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include the fast growth of the Asia-Pacific cosmetics market, increasing appearance consciousness among the young generation, improved demand of home care and personal products, growing aged population, and surge in the disposable income of the population in this region. In addition, Asia-Pacific is followed by North American region owing to the presence of mature and stable homecare and personal care markets and increased consumption of packaged foods. Some of the key players that fuel the growth of the cinnamic aldehyde market comprise LANXESS AG, Mubychem Group, Emerald Kalama Chemical, LLC, Payan Bertrand S.A, Kao Global Chemicals, Jayshree Aromatics Pvt. Ltd., ABI Chem, Finoric LLC, Haihang Industry Co. Ltd., and Yingcheng Wuhan Organic Materials Co., Ltd. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry. Browse Related Category Market Reports @ https://www.millioninsights.com/industry/chemicals