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).
Report ID: Rn843131248 Published Date: March, 2025 Updated Date: April, 2025

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Trans-Cinnamic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Fragrance Demand
        2. Flavor Industry Expansion
        3. Pharmaceutical Applications Growth
        4. Natural Ingredient Popularity
      2. Restraints
        1. Regulatory Challenges
        2. High Production Costs
        3. Substitute Ingredients Availability
        4. Supply Chain Disruptions
      3. Opportunities
        1. Emerging Markets Growth
        2. Product Innovation Potential
        3. Sustainability Trends Adoption
        4. Research and Development
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Trans-Cinnamic Acid Market, By Type, 2021 - 2031 (USD Million)
      1. Purity 98%
      2. Purity 99%
      3. Purity 99.5%
    2. Global Trans-Cinnamic Acid Market, By Application, 2021 - 2031 (USD Million)
      1. Flavors
      2. Dyes and coatings
      3. Pharmaceuticals
      4. Reagents
    3. Global Trans-Cinnamic Acid Market, By End User, 2021 - 2031 (USD Million)
      1. Cosmetics
      2. Personal Care
    4. Global Trans-Cinnamic Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BOC Sciences
      2. Capot Chemical
      3. Ivy Fine Chemicals
      4. Merck
      5. Tokyo Chemical Industry
  7. Analyst Views
  8. Future Outlook of the Market