USD 72.58 million
Natural Ferulic Acid Market Size, Share, Growth Analysis, By Application(Cosmetics and Skincare, Food and Beverages, Pharmaceuticals), By End-user(Agriculture, Food and Beverage, and Pharmaceuticals), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15E2426 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|Tables:
63
|Figures:
75
Natural Ferulic Acid Market Insights
Global Natural Ferulic Acid Market size was valued at USD 40.19 million in 2022 and is poised to grow from USD 42.77 million in 2023 to USD 65.92 million by 2031, growing at a CAGR of 5.6% in the forecast period (2024-2031).
The natural ferulic acid market is an integral part of the phytochemical sector at a global level and is driven by the increasing cognizance of its numerous fitness blessings and diverse applications across various other industries. Ferulic acid, a phytochemical determined in various plant sources along with grains, fruits, and vegetables, has gained prominence for its antioxidant homes and capability health benefits. As a herbal antioxidant, it permits combat against oxidative strain and free radical harm that would make contributions to chronic illnesses.
One of the primary drivers of the herbal ferulic acid marketplace is the growing call for natural and plant-based substances inside the food and cosmetic industries. Ferulic acid is utilized as a herbal preservative in food merchandise and is well known for its pores and skin-protective and anti-getting older properties in cosmetics.
Furthermore, the pharmaceutical and nutraceutical sectors are increasingly incorporating ferulic acid into their formulations due to its capability therapeutic advantages. Studies advise that ferulic acid may have anti inflammatory, anti-most cancers, and cardiovascular protective residences.
The market is witnessing innovation in extraction and purification strategies to meet the call for great and high-purity herbal ferulic acid. Additionally, the market's boom is supported by patron preferences for herbal and organic products.
As the fashion toward more healthy and more sustainable existence continues, the natural ferulic acid marketplace is anticipated to amplify in addition, presenting opportunities for both factor suppliers and product manufacturers in diverse industries.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Cosmetics and Skincare
Fastest Growth
Cosmetics and Skincare
Growth Rate
6.74% CAGR
Global Natural Ferulic Acid Market ($ Bn)
Country Share for Asia Pacific Region (%)
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Natural Ferulic Acid Market Segmental Analysis
The global natural ferulic acid market is segmented by Application, End-User, and Region. Based on Application the market is segmented as, Cosmetics and Skincare, Food and Beverages, Pharmaceuticals. Based on End-User the market is segmented as, Agriculture, Food and Beverage, and Pharmaceuticals. Regional the market is segmented as, North America, Europe, Asia-Pacific, and Latin America.
Analysis By Application
In the herbal ferulic acid market, the "Cosmetics and Skincare" section presently dominates due to the considerable use of ferulic acid within the splendor and personal care enterprise. Ferulic acid is extraordinarily appeared for its antioxidant residences, which assist in defending the skin from oxidative pressure, UV radiation, and environmental pollutants. It is a key factor in skincare products such as serums, lotions, and sunscreens. The demand for herbal and organic substances in cosmetics has in addition fueled the adoption of ferulic acid as a desired desire amongst producers and customers, contributing to the phase's dominance.
Conversely, the "Pharmaceuticals" segment represents the quickest-developing phase in the natural ferulic acid marketplace. Ferulic acid has gained recognition inside the pharmaceutical industry for its ability health blessings and programs in drug formulations. Research is ongoing to discover its role in various therapeutic regions, including neuroprotection, anti-inflammatory treatments, and cardiovascular health. As these investigations develop, the pharmaceutical sector is poised for a sturdy increase, driven with the aid of the improvement of recent ferulic acid-based totally pharmaceutical products and dietary supplements.
Analysis By End-user
In the herbal ferulic acid marketplace, the "Pharmaceuticals" phase is currently dominating, driven by the growing use of ferulic acid in pharmaceutical formulations and studies. Ferulic acid is known for its antioxidant and therapeutic homes, making it a precious ingredient in drug improvement and the manufacturing of antioxidant dietary supplements. As the pharmaceutical enterprise keeps innovating and broadening new therapies, the demand for ferulic acid in this zone stays consistently high, contributing to its dominant function inside the market.
On the opposite hand, the "Food and Beverage" segment is the fastest-growing section inside the herbal ferulic acid market. Consumers have become increasingly more fitness-conscious and are in search of natural antioxidants and preservatives in their meals and beverage products. Ferulic acid, as a herbal antioxidant derived from plant sources, is being utilized to extend the shelf lifestyles of numerous food items whilst maintaining exceptional product. The developing fashion closer to clean-label and herbal components is propelling the fast boom of ferulic acid utilization within the meals and beverage industry, making it the fastest-growing section within the marketplace.
Global Natural Ferulic Acid Market By Application
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Natural Ferulic Acid Market Regional Insights
In the global natural ferulic acid marketplace, the largest area is Asia-Pacific, with China being the dominant u . S . In phrases of manufacturing and intake. China's prominence in this market may be attributed to its full-size agricultural sports, such as the cultivation of rice, wheat, oats, and other ferulic acid-wealthy vegetation. Chinese producers extract ferulic acid from these herbal sources and deliver it to numerous industries, each domestically and internationally. Additionally, China's thriving pharmaceutical and cosmetics industries force considerable demand for natural ferulic acid as a key ingredient.
The second-largest vicinity inside the natural ferulic acid marketplace is North America, with the USA at the vanguard. The United States is a great player inside the pharmaceutical, meals, and cosmetics industries, wherein ferulic acid unearths programs as an antioxidant, preservative, and skincare aspect. The call for herbal and plant-derived ingredients in those sectors has contributed to North America's giant presence within the ferulic acid market. While Asia-Pacific leads in manufacturing, North America stands proud as a distinguished consumer and user of natural ferulic acid, reinforcing the market's worldwide importance.
Global Natural Ferulic Acid Market By Geography
- Largest
- Fastest
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Natural Ferulic Acid Market Dynamics
Drivers
Increasing Health and Wellness Awareness:
- Growing awareness of the health advantages related to antioxidants and natural components is riding the call for natural ferulic acid in diverse programs, including dietary supplements, cosmetics, and useful meals.
Expanding Cosmetic Industry:
- The beauty and skin care enterprise's emphasis on natural and plant-based ingredients, coupled with ferulic acid's antioxidant homes, has fueled its use in anti-ageing and skincare merchandise.
Restraints
Limited Plant Sources:
- Ferulic acid is mostly sourced from particular flora like rice bran, oats, and wheat bran, which restricts its availability and might lead to price fluctuations due to supply constraints.
Cost Constraints:
- The value of producing natural ferulic acid can be pretty excessive, impacting its affordability for manufacturers and customers.The manufacturing of natural ferulic acid includes a great cost, exerting a palpable impact on its accessibility for each producer and customers. This lofty rate is intricately woven into the material of its introduction, related to problematic procedures and specialized sources
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Natural Ferulic Acid Market Competitive Landscape
The competitive panorama of the natural ferulic acid market is characterized with the aid of the presence of established gamers and emerging companies striving to meet the growing demand for this flexible antioxidant. Key market participants together with Delekang, Xi'an App-Chem Bio (Tech), Shaanxi Guanjie Technology, and Hunan NutraMax Inc. Are among the prominent producers of herbal ferulic acid, with a global presence and a focal point on expanding their product portfolios.
Additionally, collaborations, acquisitions, and research and development activities are common strategies to gain a competitive edge in this market. The market's dynamism is fueled by the increasing utilization of natural ferulic acid in diverse industries, including cosmetics, pharmaceuticals, and food, which has spurred competition and innovation among manufacturers to cater to evolving consumer preferences for natural and health-focused products.
Top Player’s Company Profile
- Xi'an App-Chem Bio (Tech) Co., Ltd.
- Shaanxi Guanjie Technology Co., Ltd.
- Cayman Chemical Company
- Hangzhou Sage Chemical Co., Ltd.
- Shanghai Soyoung Biotechnology Inc.
- Hunan NutraMax Inc.
- ChemFaces Biochemical Co., Ltd.
- NutriScience Innovations LLC
- Nanjing Zelang Medical Technology Co., Ltd.
- Kingherbs Limited
- Shaanxi Sinuote Bio-Tech Co., Ltd.
- Foodchem International Corporation
- Shaanxi Bolin Biotechnology Co., Ltd.
- Organic Herb Inc.
- Shaanxi Yuantai Biological Technology Co., Ltd.
- BioMax Life Sciences Limited
- Hangzhou Molcore BioPharmatech Co., Ltd.
- Shaanxi Undersun Biomedtech Co., Ltd.
- Xi'an Leader Biochemical Engineering Co., Ltd.
- Shenzhen Simeiquan Biotechnology Co., Ltd.
Recent Developments
- March 2023: InterHealth announced the launch of its new line of natural ferulic acid products. The products are designed for use in the food and beverage, cosmetics and personal care, and pharmaceutical industries.
- April 2023: Kemin Industries announced the enlargement of its production potential for natural ferulic acid. The enlargement is being made to meet the growing call for the product.
- May 2023: Frutarom introduced the release of its new herbal ferulic acid product for the food and beverage industry. The product is designed to enhance the taste and shelf existence of meal products.
- June 2023: Prinova Group introduced the purchase of Agrauxine. Agrauxine is a producer of herbal ferulic acid. The acquisition will help Prinova Group to enlarge its product portfolio and reach new markets.
- July 2023: The European Commission authorized using herbal ferulic acid as a food additive. The approval is a major enhancement for the herbal ferulic acid marketplace.
Natural Ferulic Acid Key Market Trends
- Growing Demand for Natural Ingredients: There is a growing choice among clients for herbal and plant-based total ingredients in various products, such as cosmetics, skincare, and meals. Natural ferulic acid, derived from plant resources, aligns with this trend, using its adoption in these sectors.
- Cosmetic and Skincare Applications: Natural ferulic acid is more and more utilized in cosmetics and skincare products because of its antioxidant homes. It enables guarding the pores and skin from unfastened radical harm and is typically incorporated into anti-growing old and sun safety formulations.
Natural Ferulic Acid Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component type’s team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global natural ferulic acid market analysis, in terms of segments, the market is primarily categorized by application areas, including cosmetics and skincare, food and beverages, pharmaceuticals, and more. One of the primary drivers propelling this market is the increasing consumer demand for natural and plant-based ingredients, aligned with the broader trend toward healthier and cleaner label products. Ferulic acid, derived from plant sources, fits these criteria, making it a sought-after ingredient in various consumer products. Its antioxidant properties are particularly valued in cosmetics, where it helps combat free radical damage. In pharmaceuticals, it is finding applications in formulations and supplements, driven by its potential health benefits. The food and beverage industry also appreciates ferulic acid for its natural preservative properties. As these trends persist, the natural ferulic acid market is poised for continued growth and diversification.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 40.19 million |
| Market size value in 2031 | USD 65.92 million |
| Growth Rate | 5.6% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Natural Ferulic Acid Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Natural Ferulic Acid Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Natural Ferulic Acid Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Natural Ferulic Acid Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Natural Ferulic Acid Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Natural Ferulic Acid Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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