Global Cinnamic Acid
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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"Global Cinnamic Acid market size 2025 is $822.4 Million whereas according out published study it will reach to $1364.04 Million by 2033. Cinnamic Acid market will be growing at a CAGR of 6.529% during 2025 to 2033."
As per the current market study, out of 822.4 Million USD global market revenue 2025, North America market holds 21.85% of the market share. The North America Cinnamic Acid industry grew from 143.679 Million USD in 2021 to 179.694 Million USD in 2025 and will record 79.96% growth. In coming future this industry will reach 280.991 Million by 2033 with a 5.747% CAGR. If we look at the percentage market shares of top North America countries for 2025,United States (80.46%), Canada (11.19%), Mexico (8.35%)
As per the current market study, out of 822.4 Million USD global market revenue 2025, Europe market holds 20.20% of the market share. The Europe Cinnamic Acid industry grew from 132.185 Million USD in 2021 to 166.125 Million USD in 2025 and will record 79.57% growth. In coming future this industry will reach 265.987 Million by 2033 with a 6.06% CAGR. If we look at the percentage market shares of top Europe countries for 2025,United Kingdom (12.90%), Germany (21.48%), France (11.31%), Italy (11.20%), Russia (5.64%), Spain (8.01%), Sweden (6.07%), Denmark (4.25%), Switzerland (4.32%), Luxembourg (0.75%), Rest of Europe (14.06%)
As per the current market study, out of 822.4 Million USD global market revenue 2025, Asia Pacific market holds 43.35% of the market share. The Asia Pacific Cinnamic Acid industry grew from 271.394 Million USD in 2021 to 356.51 Million USD in 2025 and will record 76.13% growth. In coming future this industry will reach 616.544 Million by 2033 with a 7.087% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,China (34.80%), Japan (17.65%), India (14.05%), South Korea (7.99%), Australia (4.44%), Singapore (4.06%), South East Asia (5.19%), Taiwan (3.81%), Rest of APAC (8.01%)
As per the current market study, out of 822.4 Million USD global market revenue 2025, South America market holds 5.88% of the market share. The South America Cinnamic Acid industry grew from 37.037 Million USD in 2021 to 48.357 Million USD in 2025 and will record 76.59% growth. In coming future this industry will reach 82.142 Million by 2033 with a 6.847% CAGR. If we look at the percentage market shares of top South America countries for 2025,Brazil (35.10%), Argentina (20.93%), Colombia (14.17%), Peru (7.65%), Chile (9.17%), Rest of South America (12.98%)
As per the current market study, out of 822.4 Million USD global market revenue 2025, Middle East market holds 4.54% of the market share. The Middle East Cinnamic Acid industry grew from 28.736 Million USD in 2021 to 37.378 Million USD in 2025 and will record 76.88% growth. In coming future this industry will reach 62.978 Million by 2033 with a 6.739% CAGR. If we look at the percentage market shares of top Middle East countries for 2025,Saudi Arabia (25.99%), Turkey (20.09%), UAE (13.99%), Egypt (13.89%), Qatar (9.81%), Rest of Middle East (16.23%)
As per the current market study, out of 822.4 Million USD global market revenue 2025, Africa market holds 4.17% of the market share. The Africa Cinnamic Acid industry grew from 25.543 Million USD in 2021 to 34.335 Million USD in 2025 and will record 74.39% growth. In coming future this industry will reach 55.394 Million by 2033 with a 6.161% CAGR. If we look at the percentage market shares of top Africa countries for 2025,Nigeria (14.49%), South Africa (37.36%), Rest of Africa (48.15%)
2021 | 2025 | 2033 | CAGR | |
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Global Cinnamic Acid Market Sales Revenue | $ 638.575 Million | $ 822.4 Million | $ 1364.04 Million | 6.529% |
North America Cinnamic Acid Market Sales Revenue | $ 143.679 Million | $ 179.694 Million | $ 280.991 Million | 5.747% |
United States Cinnamic Acid Market Sales Revenue | $ 116.093 Million | $ 144.582 Million | $ 224.034 Million | 5.627% |
Canada Cinnamic Acid Market Sales Revenue | $ 15.661 Million | $ 20.108 Million | $ 33.185 Million | 6.463% |
Mexico Cinnamic Acid Market Sales Revenue | $ 11.925 Million | $ 15.004 Million | $ 23.772 Million | 5.921% |
Europe Cinnamic Acid Market Sales Revenue | $ 132.185 Million | $ 166.125 Million | $ 265.987 Million | 6.06% |
United Kingdom Cinnamic Acid Market Sales Revenue | $ 16.787 Million | $ 21.43 Million | $ 35.296 Million | 6.436% |
Germany Cinnamic Acid Market Sales Revenue | $ 27.865 Million | $ 35.684 Million | $ 60.06 Million | 6.725% |
France Cinnamic Acid Market Sales Revenue | $ 15.281 Million | $ 18.789 Million | $ 28.62 Million | 5.402% |
Italy Cinnamic Acid Market Sales Revenue | $ 14.963 Million | $ 18.606 Million | $ 29.099 Million | 5.749% |
Russia Cinnamic Acid Market Sales Revenue | $ 7.852 Million | $ 9.369 Million | $ 13.539 Million | 4.709% |
Spain Cinnamic Acid Market Sales Revenue | $ 10.469 Million | $ 13.307 Million | $ 21.811 Million | 6.372% |
Sweden Cinnamic Acid Market Sales Revenue | $ 7.958 Million | $ 10.084 Million | $ 16.372 Million | 6.245% |
Denmark Cinnamic Acid Market Sales Revenue | $ 5.684 Million | $ 7.06 Million | $ 11.065 Million | 5.777% |
Switzerland Cinnamic Acid Market Sales Revenue | $ 5.856 Million | $ 7.177 Million | $ 10.879 Million | 5.338% |
Luxembourg Cinnamic Acid Market Sales Revenue | $ 1.057 Million | $ 1.254 Million | $ 1.766 Million | 4.371% |
Rest of Europe Cinnamic Acid Market Sales Revenue | $ 18.413 Million | $ 23.365 Million | $ 37.48 Million | 6.085% |
Asia Pacific Cinnamic Acid Market Sales Revenue | $ 271.394 Million | $ 356.51 Million | $ 616.544 Million | 7.087% |
China Cinnamic Acid Market Sales Revenue | $ 93.902 Million | $ 124.066 Million | $ 217.332 Million | 7.259% |
Japan Cinnamic Acid Market Sales Revenue | $ 48.851 Million | $ 62.924 Million | $ 103.949 Million | 6.476% |
India Cinnamic Acid Market Sales Revenue | $ 36.91 Million | $ 50.09 Million | $ 92.482 Million | 7.966% |
South Korea Cinnamic Acid Market Sales Revenue | $ 22.254 Million | $ 28.485 Million | $ 46.796 Million | 6.402% |
Australia Cinnamic Acid Market Sales Revenue | $ 12.756 Million | $ 15.829 Million | $ 24.6 Million | 5.666% |
Singapore Cinnamic Acid Market Sales Revenue | $ 10.856 Million | $ 14.474 Million | $ 25.587 Million | 7.381% |
South East Asia Cinnamic Acid Market Sales Revenue | $ 13.57 Million | $ 18.503 Million | $ 34.095 Million | 7.94% |
Taiwan Cinnamic Acid Market Sales Revenue | $ 10.584 Million | $ 13.583 Million | $ 22.664 Million | 6.609% |
Rest of APAC Cinnamic Acid Market Sales Revenue | $ 21.712 Million | $ 28.556 Million | $ 49.04 Million | 6.993% |
South America Cinnamic Acid Market Sales Revenue | $ 37.037 Million | $ 48.357 Million | $ 82.142 Million | 6.847% |
Brazil Cinnamic Acid Market Sales Revenue | $ 13.074 Million | $ 16.973 Million | $ 28.52 Million | 6.702% |
Argentina Cinnamic Acid Market Sales Revenue | $ 7.63 Million | $ 10.121 Million | $ 17.8 Million | 7.312% |
Colombia Cinnamic Acid Market Sales Revenue | $ 5.259 Million | $ 6.854 Million | $ 11.175 Million | 6.3% |
Peru Cinnamic Acid Market Sales Revenue | $ 2.852 Million | $ 3.698 Million | $ 6.184 Million | 6.636% |
Chile Cinnamic Acid Market Sales Revenue | $ 3.37 Million | $ 4.434 Million | $ 7.664 Million | 7.079% |
Rest of South America Cinnamic Acid Market Sales Revenue | $ 4.852 Million | $ 6.276 Million | $ 10.8 Million | 7.021% |
Middle East Cinnamic Acid Market Sales Revenue | $ 28.736 Million | $ 37.378 Million | $ 62.978 Million | 6.739% |
Saudi Arabia Cinnamic Acid Market Sales Revenue | $ 7.443 Million | $ 9.715 Million | $ 16.475 Million | 6.826% |
Turkey Cinnamic Acid Market Sales Revenue | $ 5.718 Million | $ 7.509 Million | $ 12.954 Million | 7.054% |
UAE Cinnamic Acid Market Sales Revenue | $ 3.908 Million | $ 5.229 Million | $ 9.346 Million | 7.528% |
Egypt Cinnamic Acid Market Sales Revenue | $ 4.046 Million | $ 5.192 Million | $ 8.439 Million | 6.26% |
Qatar Cinnamic Acid Market Sales Revenue | $ 2.851 Million | $ 3.667 Million | $ 6.065 Million | 6.492% |
Rest of Middle East Cinnamic Acid Market Sales Revenue | $ 4.77 Million | $ 6.066 Million | $ 9.698 Million | 6.04% |
Africa Cinnamic Acid Market Sales Revenue | $ 25.543 Million | $ 34.335 Million | $ 55.394 Million | 6.161% |
Nigeria Cinnamic Acid Market Sales Revenue | $ 3.655 Million | $ 4.975 Million | $ 8.187 Million | 6.424% |
South Africa Cinnamic Acid Market Sales Revenue | $ 9.349 Million | $ 12.828 Million | $ 21.725 Million | 6.808% |
Rest of Africa Cinnamic Acid Market Sales Revenue | $ 12.539 Million | $ 16.532 Million | $ 25.481 Million | 5.557% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Applications |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Report scope is customizable as we have a huge database of Cinnamic Acid industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Cinnamic Acid Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Increasing Demand in Flavor and Fragrance Industries:
Cinnamic acid is widely used as a flavoring agent and fragrance component. In the food sector, it enhances flavors in products like snacks, baked goods, dairy items, syrups, and beverages. In fragrances, it imparts pleasant cinnamon notes to perfumes, soaps, and cosmetics. The growing consumer preference for natural ingredients over synthetic additives is boosting the demand for cinnamic acid in these applications.
Expansion in Pharmaceutical and Cosmetic Sectors:
Beyond flavor and fragrance, cinnamic acid is gaining prominence in pharmaceuticals and cosmetics. Its derivatives are studied for potential therapeutic effects against conditions like diabetes and Alzheimer's disease. In cosmetics, its antioxidant properties and ability to promote collagen production make it valuable in anti-aging products.
Shift Towards Natural and Clean Label Products:
There's a notable consumer shift towards products with natural and clean labels, free from artificial ingredients. This trend is driving manufacturers to seek natural alternatives like cinnamic acid to meet consumer expectations for transparency and healthier choices.
Key Restraints of Cinnamic Acid Market
Regulatory and Quality Compliance Challenges:
The production and use of cinnamic acid are subject to stringent regulations, especially in the food and pharmaceutical industries. Ensuring compliance with varying regional standards can be complex and resource-intensive for manufacturers.
Supply Chain Vulnerabilities:
Dependence on specific regions for raw materials exposes the cinnamic acid market to supply chain disruptions. Factors like geopolitical tensions, natural disasters, or logistical challenges can lead to delays and increased costs, affecting production and distribution efficiency.
Availability of Substitute Ingredients:
Alternative synthetic preservatives and flavoring agents are available at lower costs. Their availability poses a challenge to the market share of cinnamic acid, especially in price-sensitive applications.
Key Trends of Cinnamic Acid Market
Diversification of Applications:
Cinnamic acid's applications are expanding beyond traditional uses. Ongoing research is exploring its potential in treating various health conditions, which could open new therapeutic avenues and increase demand in the pharmaceutical sector.
Technological Innovations in Production:
Advancements in production technologies, including the use of artificial intelligence to optimize processes and enzymatic catalysis for cost-effective synthesis, are enhancing manufacturing efficiency. These innovations contribute to reduced costs and the development of specialized cinnamic acid derivatives.
Focus on Sustainability:
There's a growing emphasis on sustainable and eco-friendly production methods. Research into bio-based manufacturing via microbial or fermentation processes is gaining momentum, aligning with global sustainability goals and responding to consumer demand for environmentally responsible products.
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Chemical and materials companies are facing some challenges including stringent rules & regulation, supply chain disruption along with raw material price volatility. Thus, some of the key players are adopting new technologies to enhance their product portfolio. Now days digital technologies play an important role in this sector because it improves efficiency, operations and productivity of the plant. This study helps you to understand the competitor’s revenue generation, key strategies, recent development coupled with its S.W.O.T analysis.
Top Companies Market Share in Cinnamic Acid Industry: (In no particular order of Rank)
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The regional analysis offers Cinnamic Acid market size, share and a detailed analysis for each region. This quantitative as well as qualitative information is crucial for new entrants along with companies operating in Cinnamic Acid market . Cinnamic Acid market production and consumption can vary significantly from one region to another owing to factors such as, the availability of raw materials, regulatory environments, and others.
The current report Scope analyzes Cinnamic Acid Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Cinnamic Acid Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Cinnamic Acid Industry growth. Cinnamic Acid market has been segmented with the help of its Applications, Distribution Channel , and others. Cinnamic Acid market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2021 to 2033. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.
Applications of Cinnamic Acid analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Cinnamic Acid Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Cinnamic Acid Market.
Some of the key Distribution Channel of Cinnamic Acid are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Cinnamic Acid Market is witnessing significant growth in the near future.
In 2023, the Pharmaceutical Intermediates segment accounted for noticeable share of global Cinnamic Acid Market and is projected to experience significant growth in the near future.
The Direct segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies BASF, DSM and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Applications | Pharmaceutical Intermediates, Food Additives, Others |
Distribution Channel | Direct, Indirect |
List of Competitors | BASF, Guangzhou Shiny, DSM, Kay Fries, Bayer |
This chapter will help you gain GLOBAL Market Analysis of Cinnamic Acid. Further deep in this chapter, you will be able to review Global Cinnamic Acid Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Cinnamic Acid. Further deep in this chapter, you will be able to review North America Cinnamic Acid Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Cinnamic Acid. Further deep in this chapter, you will be able to review Europe Cinnamic Acid Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Cinnamic Acid. Further deep in this chapter, you will be able to review Asia Pacific Cinnamic Acid Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Cinnamic Acid. Further deep in this chapter, you will be able to review South America Cinnamic Acid Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Cinnamic Acid. Further deep in this chapter, you will be able to review Middle East Cinnamic Acid Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Cinnamic Acid. Further deep in this chapter, you will be able to review Middle East Cinnamic Acid Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Cinnamic Acid. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Applications Analysis 2019 -2031, will provide market size split by Applications. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Applications Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Distribution Channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Cinnamic Acid market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Pharmaceutical Intermediates have a significant impact on Cinnamic Acid market? |
What are the key factors affecting the Pharmaceutical Intermediates and Food Additives of Cinnamic Acid Market? |
What is the CAGR/Growth Rate of Direct during the forecast period? |
By type, which segment accounted for largest share of the global Cinnamic Acid Market? |
Which region is expected to dominate the global Cinnamic Acid Market within the forecast period? |
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