Home > Chemicals & Materials > Specialty Chemicals > Custom Synthesis > Caffeic Acid Market

Caffeic Acid Market Trends

Report ID: GMI6111
Published Date: Jun 2023
Report Format: PDF

Download Free Sample

Caffeic Acid Market Trends

There is a growing consumer preference for natural and plant-based ingredients in various industries, including food, beverages, cosmetics, and pharmaceuticals. Caffeic acid, being a natural phenolic compound found in plants, aligns with this trend. The demand for caffeic acid has been impelled by the shift towards clean labels, organic products, and natural alternatives to synthetic additives. The increasing emphasis on health and wellness has boosted the demand for functional ingredients with potential health benefits. Caffeic acid is known for its antioxidant, anti-inflammatory, and antimicrobial properties, which make it attractive for various applications.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of caffeic acid was worth over USD 140 million in 2022 and is predicted to reach USD 195 million by 2032 driven by rising consumer awareness about the health benefits of natural ingredients.

The natural source segment held a major share of the caffeic acid market in 2022 and is poised to witness high demand owing to the growing number of health-conscious consumers seeking functional ingredients.

U.S. caffeic acid industry generated USD 35 million in 2022 and is projected to expand at a steady pace through 2032 owing to the rising trend of health and wellness among customers and the surging demand for natural and functional ingredients.

Cayman Chemical, Biosynth AG, Wuhan Hezhong Bio-chemical Manufacture, Hubei Yuancheng Technology Co., Ltd., Central Drug House, and Penta.