Global Natural Ferulic Acid Market

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 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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FAQs

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 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. '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.'

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.

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.

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.

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Global Natural Ferulic Acid Market

Report ID: SQMIG15E2426

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