Home > Chemicals & Materials > Biobased Chemicals > Natural Ferulic Acid Market

Natural Ferulic Acid Market Analysis

  • Report ID: GMI3416
  • Published Date: Sep 2024
  • Report Format: PDF

Natural Ferulic Acid Market Analysis

The natural ferulic acid >=98% segment will capture USD 62.88 million and demonstrate a 6.6% CAGR till 2032. Due to growing consumption of ready-to-eat food products. It stabilizes and prevents the autoxidation of natural oils in food along with inhibiting growth of pathogenic bacteria such as E. coli, staphylococcus aureus and bacillus subtilis. Rising industrialization and growing demand to enhance shelf life of food products is predicted to accelerate the segment growth. This segment is experiencing growth due to increasing consumer preference for high-purity, natural ingredients known for their potent antioxidant properties. Key players are focusing on advanced purification technologies and sustainable sourcing to meet market demands. Innovations in extraction processes and investments in research are enhancing product quality and bioavailability. As the industry shifts towards more sophisticated and effective formulations, the demand for high purity ferulic acid is expected to continue rising.
 

Asia Pacific Natural Ferulic Acid Market Size, 2021 - 2032 (USD Million)

Asia Pacific natural ferulic acid industry is projected to achieve USD 51.22 million, with a CAGR of 7% from 2024 to 2032. Due to rising demand for packaged food owing to significant urbanization and online retail sector growth. This product is routinely used as a food additive on account of its ability to prevent photo-oxidation of ingredients and non-toxicity which increases its suitability for cereals, dried fruits, juices and soy products. Growing canned meat consumption pertaining to its low cost along with increasing government schemes to promote investment in the food sector should promote the natural ferulic acid market.
 

In the Asia-Pacific region, led by Japan, India, and China, the market is experiencing robust growth. This surge is driven by increasing consumer demand for natural skincare products, heightened awareness of health benefits, and expanding applications in pharmaceuticals and cosmetics. Japan's advanced research and development, India's growing manufacturing capabilities, and China's large consumer base are pivotal in shaping market dynamics. Investments in innovation and sustainable practices are also contributing to the market's expansion, positioning the Asia-Pacific region as a key player in the global natural ferulic acid industry.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size for natural ferulic acid achieved USD 50.31 million in 2023 and will grow at 6.7% CAGR from 2024 to 2032, due to the growing demand for anti-aging creams, along with significant product innovations.

The natural ferulic acid >=98% segment will demonstrate a 6.6% CAGR through 2032, due to increasing consumer preference for high-purity, natural ingredients known for their potent antioxidant properties.

Asia Pacific natural ferulic acid industry is projected to achieve USD 51.22 million, with a CAGR of 7% from 2024 to 2032, due to rising demand for packaged food with significant urbanization and online retail sector growth.

Zhonglan Industry, Hunan Huacheng Biotech, Kingherbs, Oryza Oil & Fat Chemical, Cayman Chemical, Jiangxi Sincere Biochemical, Biosynth Carbosynth, and Zhejiang Yongyang Biological among others.

Natural Ferulic Acid Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 172
  • Countries covered: 21
  • Pages: 200
 Download Free Sample