Chemical Industry Updates

  Cinnamic acid is an organic compound that has a wide range of applications in food flavoring, perfumes, cosmetics and others. Used as flavoring agent in bakery and confectionery items, it enhances the taste and aroma. The compound is also used as UV absorber in sunscreens and as antimicrobial agent. Cinnamic acid derived esters are widely used in perfumes and fragrances due to their sweet floral odor. The global cinnamic acid market is estimated to be valued at US$ 24.33 Bn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the growth of the cinnamic acid market is its increasing usage in natural and organic personal care products. Consumers are preferring natural and plant-derived ingredients in cosmetics and personal care items due to rising health concerns related to chemical-based products. Cinnamic acid derived from nat...

  Cinnamic acid is an organic compound that has a wide range of applications in food flavoring, perfumes, cosmetics and others. Used as flavoring agent in bakery and confectionery items, it enhances the taste and aroma. The compound is also used as UV absorber in sunscreens and as antimicrobial agent. Cinnamic acid derived esters are widely used in perfumes and fragrances due to their sweet floral odor. The global cinnamic acid market is estimated to be valued at US$ 24.33 Bn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the growth of the cinnamic acid market is its increasing usage in natural and organic personal care products. Consumers are preferring natural and plant-derived ingredients in cosmetics and personal care items due to rising health concerns related to chemical-based products. Cinnamic acid derived from ...