The Cinnamic Acid Market is estimated for 2023 for the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.Cinnamic acid is aromatic organic acid used as flavoring agent and precursor to flavor and fragrance compounds such as cinnamaldehyde and cinnamyl alcohol. It occurs naturally in cinnamon. Its key applications include flavoring agent in foods, cosmetics and pharmaceuticals.
Market Dynamics:
The cinnamic acid market is driven by its wide applications in flavor and fragrance industries. Cinnamic acid is used as flavoring agent in foods, beverages, candies and medicines to provide cinnamon flavors. It is also used in perfumes, cosmetics and personal care products due its pleasant aroma. Additionally, cinnamic acid serves as important precursor or intermediate in production of commercial flavor and fragrance compounds such as cinnamaldehyde with high demand. These extensive applications in end use industries are expected to fuel the market growth over forecast period. Furthermore, constant product innovation in food and beverage sector has bolstered the demand for natural flavors including cinnamic acid.
Rising Demand From Flavor & Fragrance Industry
The flavor and fragrance industry is one of the largest end-users of cinnamic acid globally. Cinnamic acid and its derivatives have become an essential ingredient for manufacturing various aroma chemicals used in perfumes, soaps, detergents, air fresheners, and more. It imparts aromas of spice and balsam. Moreover, cinnamic acid is used to provide flavors of cinnamon, honey, and fruits to food products, beverages, candies, baked goods, etc. With the rising disposable incomes and changing lifestyles, the demand for premium and value-added products from the food & beverage industry is surging. This is propelling the need for natural and high-quality flavoring and fragrance ingredients like cinnamic acid. Furthermore, increasing health consciousness is prompting manufacturers to opt for natural ingredients over synthetic ones. This is anticipated to further foster the demand from the flavor and fragrance industry in the coming years.
Growing Application in Animal Feed Industry
Cinnamic acid is gaining widespread acceptance as a feed additive in the animal feed industry. It acts as an antimicrobial agent and helps improve the gut health of livestock. Cinnamic acid also aids in enhancing palatability, feed efficiency, and overall meat quality when added to animal feed. With the burgeoning global population, meat consumption is soaring which is augmenting pork, poultry, cattle, and dairy production. Subsequently, it is driving the need for high-quality and nutritive animal feed products fortified with essential feed additives like cinnamic acid. Additionally, ban on the use of antibiotics as growth promoters in livestock feed in several countries is prompting farmers and feed producers to explore natural alternates like cinnamic acid. This is further expected to accelerate the demand from the animal feed sector.
Stringent Regulatory Framework
The regulatory landscape governing the food & feed industries has become quite rigid over the years, especially in developed markets. Regulatory agencies meticulously scrutinize the safety profile of each ingredient before approving its use in end-products. For instance, the U.S. FDA subjects all food additives including flavors and fragrances to an extensive review and clearance process. They may restrict the use of some compounds depending on their toxicity profile. Similarly, the European Food Safety Authority tightly controls the approval and application of feed additives. Notably, cinnamic acid is listed as a generally recognized as safe (GRAS) substance for use in food by the FDA. However, manufacturers need to adhere to strict production standards and thickness specifications. Additionally, varied laws across countries could increase the production and trade complexities for cinnamic acid producers. The stringent regulations pose constraints to the growth potential of the cinnamic acid market to a certain level.
Increasing Demand from Personal Care Industry
The personal care industry has emerged as a lucrative opportunity area for cinnamic acid. It is commonly used in various hair care, skin care, sun care, color cosmetic, and oral care products. Cinnamic acid acts as an effective organic UV filter, antioxidant, and anti-microbial agent useful for protecting the skin and hair from sun damage as well as oxidative stress. It also helps soothe and treat skin conditions like acne, hyperpigmentation, etc. Furthermore, cinnamic acid imparts antimicrobial properties, preventing microbial growth in personal care formulations with longer shelf life. With growing consciousness about personal hygiene, health, and wellness, the demand for natural and high-performance personal care products is escalating globally. This development is likely to stimulate the adoption of cinnamic acid across diverse segments in the personal care industry.
Growing Demand for Natural Food Preservatives
The global food preservatives market is witnessing trend wherein manufacturers are increasingly switching from synthetic to natural preservatives due to changing consumer preferences. Cinnamic acid is categorized as a natural antimicrobial food preservative. It inhibits the growth of various microorganisms that can cause food spoilage by prolonging the lag phase of microbes. Cinnamic acid is effective against harmful bacteria such as Listeria, Salmonella, E. coli, and Clostridium botulinum. It is approved for use as a food preservative in bakery goods, confectionery
