Report ID: SQMIG15E2426
Report ID:
SQMIG15E2426 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|
Tables:
63 |
Figures:
75
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.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG15E2426