Global Trans-Cinnamic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Purity 98%, Purity 99%, and Purity 99.5%.By Application;
Flavors , Dyes and coatings, Pharmaceuticals and Reagents.By End User;
Cosmetics and Personal Care.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Trans-Cinnamic Acid Market (USD Million), 2021 - 2031
In the year 2024, the Global Trans-Cinnamic Acid Market was valued at USD 128.50 million. The size of this market is expected to increase to USD 169.10 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.
The Global Trans-Cinnamic Acid Market is characterized by its essential role in various industries due to its versatile applications and distinct properties. Trans-cinnamic acid, a naturally occurring compound found in cinnamon and other aromatic plants, is widely utilized for its aromatic and flavoring qualities. It is a key ingredient in the fragrance industry, where it imparts a pleasant scent to perfumes and other scented products. Additionally, its use in flavorings enhances the taste profile of various food and beverage products, contributing to its significant market presence.
The pharmaceutical industry also leverages trans-cinnamic acid for its potential therapeutic properties. It is used in the formulation of certain medications and health supplements, capitalizing on its bioactive compounds. As a result, the market for trans-cinnamic acid is bolstered by ongoing research and development in pharmaceuticals, which explores its various health benefits and applications.
Geographically, the trans-cinnamic acid market is expanding across regions including North America, Europe, and Asia-Pacific. In North America and Europe, the market is driven by strong demand from the fragrance and cosmetics sectors, supported by established industrial infrastructure. Meanwhile, the Asia-Pacific region is experiencing rapid growth due to increasing consumer demand and industrial expansion, particularly in emerging markets like China and India. This global expansion reflects the compound's broad applicability and the diverse needs of different industry sectors.
Global Trans-Cinnamic Acid Market Recent Developments
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In March 2021, a comprehensive market report analyzed key factors influencing the growth of the trans-cinnamic acid industry, providing insights into segments and sub-segments.
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In February 2025, Vogue highlighted the increasing use of tranexamic acid in skincare products, underscoring its rising prominence in the beauty industry.
Segment Analysis
The Global Trans-Cinnamic Acid Market is segmented by type into Purity 98%, Purity 99%, and Purity 99.5%, with each type serving distinct market needs based on purity levels and applications. Purity 98% trans-cinnamic acid is typically used in more cost-sensitive applications such as flavorings and fragrances, where the exact purity is less critical. It offers an affordable option for large-scale production in industries where small impurities do not significantly affect the performance or end product quality. Purity 99% trans-cinnamic acid is more refined, often used in applications such as food flavorings, fragrances, and some pharmaceutical intermediates where a higher standard of quality is required. The 99.5% purity grade is the highest available and is typically used in highly specialized applications, particularly in pharmaceuticals, high-end fragrances, and research and development, where the chemical's quality and consistency are critical for precise formulations and performance.
The market is further segmented by application, including Flavors, Dyes and Coatings, Pharmaceuticals and Reagents. Trans-cinnamic acid plays an important role in the flavoring industry, contributing a sweet, cinnamon-like scent and taste to food and beverages. It is also utilized in dyes and coatings, providing a distinct fragrance and color to certain products, particularly in the textile and coating industries. In pharmaceuticals, trans-cinnamic acid is used as an intermediate for the synthesis of various bioactive compounds, and in reagents for laboratory applications, especially in organic synthesis. Its role in pharmaceuticals also extends to its use as an active ingredient in certain medications, owing to its therapeutic properties, including antimicrobial and anti-inflammatory effects.
The end-user segmentation of the Global Trans-Cinnamic Acid Market includes Cosmetics and Personal Care, where trans-cinnamic acid is widely used due to its fragrance and antimicrobial properties. In cosmetics, it is commonly found in products such as perfumes, lotions, creams, and soaps, where its pleasant aroma and skin-beneficial qualities enhance the product experience. The personal care industry also benefits from trans-cinnamic acid's antioxidant properties, which are valued for their ability to protect skin from oxidative stress. As consumer demand for high-quality and multifunctional ingredients continues to rise, trans-cinnamic acid's role in personal care products is expected to grow, further boosting its market share in the global market.
Global Trans-Cinnamic Acid Segment Analysis
In this report, the Global Trans-Cinnamic Acid Market has been segmented by Type, Application, End User and Geography.
Global Trans-Cinnamic Acid Market, Segmentation by Type
The Global Trans-Cinnamic Acid Market is segmented by Type into Purity 98%, Purity 99%, and Purity 99.5%.
The Global Trans-Cinnamic Acid Market is segmented by type into Purity 98%, Purity 99%, and Purity 99.5%, each catering to different industrial and commercial needs based on the required quality and applications. Trans-Cinnamic acid with 98% purity is commonly used in less stringent applications, such as in the production of flavorings, fragrances, and some pharmaceutical intermediates. While not as pure as the higher grades, it still offers substantial performance for products where high purity is not critical. The 98% purity grade is also more cost-effective, making it attractive for mass production in industries that prioritize price efficiency.
The Purity 99% grade of trans-cinnamic acid is often used in applications where a higher degree of purity is necessary, such as in fine chemicals, higher-quality fragrances, and some specialized pharmaceutical applications. This grade is particularly valued in the food and beverage industry, where it is used to produce flavoring agents and as an additive in various products. The 99% purity trans-cinnamic acid offers a good balance between cost and performance, making it a popular choice for both industrial-scale production and high-quality consumer products.
Purity 99.5% trans-cinnamic acid represents the highest grade available, and it is used in premium applications that require the utmost quality and precision. This high-purity variant is commonly utilized in research and development, high-end pharmaceuticals, and luxury-grade fragrances where the chemical's consistency, performance, and purity are critical. The 99.5% purity grade ensures minimal impurities, which is essential for applications where the end product's quality is of the highest importance. This segment is often associated with niche markets and industries that demand superior standards, driving its premium pricing and demand for top-tier performance.
Global Trans-Cinnamic Acid Market, Segmentation by Application
The Global Trans-Cinnamic Acid Market is segmented by Application into Flavors , Dyes and coatings, Pharmaceuticals and Reagents.
The Global Trans-Cinnamic Acid Market is segmented by application into several key areas, each benefiting from the compound's unique properties. In the Flavors segment, trans-cinnamic acid is used to enhance the taste and aroma of food and beverages, contributing to the development of distinctive flavor profiles. Its application in this sector is driven by consumer demand for natural and appealing flavoring agents, which enhance the overall sensory experience of food products.
In the Dyes and Coatings segment, trans-cinnamic acid serves as a precursor for various dyes and coatings, offering stability and vivid coloration. Its use in this application helps improve the quality and durability of products, ranging from textiles to industrial coatings. The compound’s chemical properties make it an essential component in creating high-performance and aesthetically pleasing coatings and dyes.
The Pharmaceuticals segment utilizes trans-cinnamic acid for its potential therapeutic benefits and as a building block in drug formulation. Its presence in this sector is supported by ongoing research into its health benefits and its role in developing effective medications. In the Reagents segment, trans-cinnamic acid is employed in chemical reactions and analytical procedures, highlighting its versatility and importance in scientific research and industrial processes. Each application area underscores the compound's diverse uses and its significance across various industries.
Global Trans-Cinnamic Acid Market, Segmentation by End User
The Global Trans-Cinnamic Acid Market is segmented by End User into Cosmetics and Personal Care.
The Global Trans-Cinnamic Acid Market is segmented by end user into Cosmetics and Personal Care industries, where the compound plays a significant role in enhancing product formulations. In the Cosmetics sector, trans-cinnamic acid is utilized for its pleasant fragrance, which adds a desirable scent to various cosmetic products such as perfumes, lotions, and makeup. Its ability to blend well with other ingredients and its stability make it a popular choice for creating high-quality cosmetic formulations.
In the Personal Care industry, trans-cinnamic acid is valued for its potential benefits in skincare and therapeutic products. It is used in creams, ointments, and other personal care items to provide soothing effects and improve the overall user experience. The compound's natural origins and beneficial properties appeal to consumers seeking effective and gentle personal care solutions.
This segmentation reflects the growing demand for trans-cinnamic acid in industries focused on enhancing sensory appeal and functional benefits in consumer products. Its applications in cosmetics and personal care highlight its versatility and the increasing consumer preference for products with natural and effective ingredients.
Global Trans-Cinnamic Acid Market, Segmentation by Geography
In this report, the Global Trans-Cinnamic Acid Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Trans-Cinnamic Acid Market Share (%), by Geographical Region, 2024
The Global Trans-Cinnamic Acid Market is segmented geographically into key regions, each with unique market characteristics and growth drivers. North America is a significant market, driven by strong demand from the cosmetics and pharmaceutical industries. The region’s well-established industrial infrastructure and consumer preference for high-quality, natural ingredients support the growth of trans-cinnamic acid applications in fragrances and personal care products.
Europe also represents a major market for trans-cinnamic acid, with substantial consumption in the cosmetics and personal care sectors. Countries such as Germany, France, and the United Kingdom are leading in the adoption of innovative and high-quality ingredients in their products. The European market benefits from stringent regulatory standards and a focus on sustainable and natural ingredients, which drive the demand for trans-cinnamic acid.
In the Asia-Pacific region, rapid industrialization and increasing consumer demand for cosmetics and personal care products are fueling the growth of the trans-cinnamic acid market. Emerging markets like China and India are expanding their production and consumption of cosmetic and pharmaceutical products, which boosts the demand for trans-cinnamic acid. The region’s growing middle class and rising disposable incomes contribute to the market’s expansion, along with the adoption of advanced manufacturing processes.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Trans-Cinnamic Acid Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Growing Fragrance Demand
- Flavor Industry Expansion
- Pharmaceutical Applications Growth
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Natural Ingredient Popularity: Natural ingredient popularity is significantly driving the Global Trans-Cinnamic Acid Market, as consumers and industries increasingly seek products derived from natural sources. Trans-cinnamic acid, extracted from cinnamon and other aromatic plants, aligns with the growing preference for natural and organic ingredients in personal care, food, and pharmaceutical products. This trend is fueled by rising consumer awareness of the benefits of natural ingredients, including their perceived safety and environmental sustainability. As a result, industries are incorporating trans-cinnamic acid to meet consumer demand for more natural and less synthetic alternatives.
The emphasis on natural ingredients also influences product formulations and marketing strategies, with companies highlighting the natural origins of trans-cinnamic acid to appeal to health-conscious and eco-aware consumers. This has led to a broader application of the compound across various sectors, including cosmetics, where it is valued for its aromatic properties and potential skin benefits. The growing popularity of natural ingredients enhances the market potential for trans-cinnamic acid, driving innovation and expanding its use in diverse products.
Restraints
- Regulatory Challenges
- High Production Costs
- Substitute Ingredients Availability
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Supply Chain Disruptions: Supply chain disruptions significantly impact the Global Trans-Cinnamic Acid Market by causing interruptions in the steady flow of raw materials and finished products. These disruptions can stem from various factors, including geopolitical tensions, natural disasters, or logistical challenges, leading to delays and increased costs. For manufacturers and suppliers, ensuring a consistent supply of trans-cinnamic acid becomes challenging, potentially affecting production schedules and market availability. The instability in supply chains can also result in higher prices for raw materials, which may be passed on to consumers, impacting market dynamics and competitiveness.
Additionally, supply chain disruptions can affect the sourcing of natural ingredients used in trans-cinnamic acid production. Dependence on specific regions or suppliers for raw materials can make the market vulnerable to fluctuations in supply. Companies may face difficulties in securing high-quality ingredients, which can impact the consistency and quality of the final product. To mitigate these risks, businesses may need to diversify their supply sources, invest in inventory management, and adopt more resilient supply chain strategies to ensure stability and maintain market presence.
Opportunities
- Emerging Markets Growth
- Product Innovation Potential
- Sustainability Trends Adoption
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Research and Development: Research and development (R&D) play a crucial role in advancing the Global Trans-Cinnamic Acid Market by driving innovation and expanding the applications of this compound. Ongoing R&D efforts focus on exploring new uses and improving the efficacy of trans-cinnamic acid in various industries, such as pharmaceuticals, fragrances, and food and beverages. Researchers are investigating its potential health benefits, exploring novel formulation techniques, and developing more efficient synthesis methods. These advancements can lead to enhanced product performance, new market opportunities, and increased demand for trans-cinnamic acid.
Moreover, R&D initiatives can address challenges related to cost and sustainability by developing more cost-effective production methods and alternative sources of trans-cinnamic acid. Innovations in extraction techniques, green chemistry, and sustainable practices can reduce environmental impact and improve the overall efficiency of production processes. By investing in R&D, companies can stay competitive in the market, meet evolving consumer demands, and capitalize on emerging trends, thus fostering growth and expansion in the global trans-cinnamic acid industry.
Competitive Landscape Analysis
Key players in Global Trans-Cinnamic Acid Market include;
- BOC Sciences
- Capot Chemical
- Ivy Fine Chemicals
- Merck
- Tokyo Chemical Industry
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Global Trans-Cinnamic Acid Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing Fragrance Demand
- Flavor Industry Expansion
- Pharmaceutical Applications Growth
- Natural Ingredient Popularity
- Restraints
- Regulatory Challenges
- High Production Costs
- Substitute Ingredients Availability
- Supply Chain Disruptions
- Opportunities
- Emerging Markets Growth
- Product Innovation Potential
- Sustainability Trends Adoption
- Research and Development
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Trans-Cinnamic Acid Market, By Type, 2021 - 2031 (USD Million)
- Purity 98%
- Purity 99%
- Purity 99.5%
- Global Trans-Cinnamic Acid Market, By Application, 2021 - 2031 (USD Million)
- Flavors
- Dyes and coatings
- Pharmaceuticals
- Reagents
- Global Trans-Cinnamic Acid Market, By End User, 2021 - 2031 (USD Million)
- Cosmetics
- Personal Care
- Global Trans-Cinnamic Acid Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Trans-Cinnamic Acid Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- BOC Sciences
- Capot Chemical
- Ivy Fine Chemicals
- Merck
- Tokyo Chemical Industry
- Company Profiles
- Analyst Views
- Future Outlook of the Market