Sandy, Utah, USA, Jan. 31, 2023 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Comprehensive Analysis of the Ferulic Acid Market: Size, Trends, and Insights By Type (Natural, Synthetic), By Application (Pharmaceuticals Intermediates, Cosmetics, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Market Share, Outlook, and Forecast 2022–2030” in its research database.
“According to the latest research study, the demand for the global Ferulic Acid Market share was valued at approximately USD 68 Million in 2021 and is expected to reach USD 75.44 Million in 2022. Furthermore, it is projected to achieve a value of around USD 135 Million by 2030, exhibiting a compound annual growth rate (CAGR) of about 8% during the forecast period from 2022 to 2030.”
Our comprehensive research report provides a thorough analysis of the Ferulic Acid market, detailing critical drivers and constraints, and their influence on market demand throughout the forecast period. Additionally, the report investigates global opportunities and conducts a competitive analysis of the Ferulic Acid market.
Click Here to Access a Free Sample Report of the Global Ferulic Acid Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=21762
In-Depth Overview of the Ferulic Acid Market
The application of ferulic acid in various industries effectively reduces bacterial contamination by preventing oxidation in bananas, preserving the color of green peas, and maintaining the quality of green tea. Notably, it protects human skin from harmful UV radiation, making it a popular ingredient in cosmetic products as a sunscreen and skin-whitening agent that absorbs long UV wavelengths. Its structural properties also endow it with anti-inflammatory, apoptotic inhibitory, and cardioprotective functionalities. Moreover, ferulic acid combined with curcumin in dietary supplements is recognized as a nutritional approach to mitigate amyloid pathology and oxidative damage in patients suffering from Alzheimer’s disease.
Key Growth Factors Driving the Ferulic Acid Market
The global ferulic acid market is projected to experience significant growth, primarily driven by the rising demand for anti-aging products. The inherent antioxidant properties of ferulic acid not only combat cancer but also aid in diabetes management and wrinkle prevention, appealing to a health-conscious consumer base.
The biological effects of ferulic acid are remarkably diverse, encompassing anti-inflammatory, transcription factor activation, antibacterial, anti-allergic, metal chelation, antithrombotic, and enhanced sperm viability, alongside gene expression modulation. These versatile qualities will likely attract substantial interest from the pharmaceutical sector, significantly impacting the ferulic acid market.
In food processing, ferulic acid is utilized as a food preservative due to its non-toxic nature, which makes it ideal for the food industry. Recent years have witnessed a surge in demand for canned meats owing to these properties. Additionally, the increasing demand for packaged baby food items, driven by a growing number of working parents, and the rising consumption of natural baked goods are also expected to foster the growth of the global ferulic acid market.
(A free sample of the Ferulic Acid report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Detailed overview, industry analysis, and key insights are included in the updated 2022 report.
- The report includes an analysis of the COVID-19 pandemic’s impact.
- A comprehensive research report of approximately 220+ pages, including recent findings.
- Provides detailed chapter-by-chapter guidance on the request.
- Updated regional analysis featuring graphical representations of size, share, and trends for 2022.
- Tables and figures have been thoroughly updated.
- The latest version of the report includes information on top market players, their strategies, sales volume, and revenue analysis.
- Insights into the Custom Market Insights (CMI) research methodology.
(Please note that the sample of the Ferulic Acid report has been modified to include the COVID-19 impact study prior to delivery.)
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Segmental Analysis of the Ferulic Acid Market
The ferulic acid market is segmented based on type and application. The natural ferulic acid segment is anticipated to witness a higher CAGR from 2022 to 2030. This naturally occurring compound is derived from the leaves and seeds of various plants, contributing to rigidity through conjugation with the cell membrane. It is produced in plants via biological processes and is found abundantly in commercial plants such as pineapple, oats, wheat, and rice. Natural ferulic acid currently dominates the ferulic acid market and is expected to experience robust growth during the forecast period.
In terms of application, the food industry represents the second-largest segment of the ferulic acid market. Both natural and synthetic forms of ferulic acid are utilized in the production of packaged food products. Known for its ability to lower cholesterol and protect against heart diseases, ferulic acid also boasts significant antioxidant properties, thus increasing its usage in the processing of packaged food goods.
Key Questions Addressed in This Research Report:
- What is the current size of the Ferulic Acid market, and what is its anticipated growth rate?
- What are the main driving factors propelling the Ferulic Acid market forward?
- Who are the leading companies in the Ferulic Acid industry?
- What categories does the Ferulic Acid market serve?
- Which segment or region is projected to grow the fastest?
- What roles do key players occupy within the value chain?
- How can one obtain a free copy of the Ferulic Acid market sample report along with company profiles?
Key Offerings of the Research:
- Market Share, Size & Forecast by Revenue | 2022−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
- Competitive Landscape – Top Key Vendors and Other Prominent Players
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Regional Analysis of the Ferulic Acid Market
The largest ferulic acid market globally is located in the Asia Pacific region, led by countries such as Japan, India, and China, primarily due to increasing packaged food consumption driven by rapid urbanization and the growth of the e-commerce industry.
This compound is frequently used as a food additive because of its ability to prevent photooxidation and its non-toxic nature, making it suitable for dried fruits, juices, cereals, and soy products. The ferulic acid market is further supported by rising canned meat consumption, attributed to its cost-effectiveness, alongside government initiatives encouraging investment in the food industry.
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Comprehensive Report Scope
Feature of the Report | Details |
Market Size in 2021 | USD 68 Million |
Projected Market Size in 2030 | USD 135 Million |
Market Size in 2022 | USD 75.44 Million |
CAGR Growth Rate | 8% CAGR |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Prominent Players | Delekang, Healthful International, Top Pharm, Ankang, CM Fine Chemicals, Hubei Yuancheng, Huacheng, App Chem-Bio, Yuansen, Oryza, Shanghai Bettersyn Biotech, OkayasuShoten, and Others |
Key Segment | By Type (Natural, Synthetic), By Application (Pharmaceuticals Intermediates, Cosmetics, Others), and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfill your research requirements. |
Competitive Landscape of the Ferulic Acid Market
In response to the increasing demand for ferulic acid, industry players are focusing on enhancing their market presence across various nations and regions. The ferulic acid market is witnessing robust growth globally, driven by intense competition that fuels product innovation.
Our market analysis features a dedicated section that highlights key players in the ferulic acid market. Analysts provide an overview of each player’s financial statements, perform product benchmarking, and conduct SWOT analyses. The competitive landscape section elaborates on key development strategies, market share analysis, and the positioning of mentioned competitors on a global scale.
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Explore the complete “Ferulic Acid Market Size, Share, Growth Analysis Report By Products & Software, (Instruments, Consumables, LIMS), By Services (Heavy Metal Testing, Microbial Analysis, Potency, Residual Screening), By End-User (Cultivators, Laboratories, Research Institutes), and By Region – Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2022–2030” report at https://www.custommarketinsights.com/report/ferulic-acid-market/
Latest Industry Developments:
- 2022: A new hair and body care line from the Japanese beauty and skincare company EDOBIO was announced, incorporating anti-aging ingredients such as phytic acid and ferulic acid, proven to support healthy skin and hair.
- 2022: NovaBay Pharmaceuticals, Inc., a leading pharmaceutical company specializing in skincare and eyecare products, announced the expansion of its top-selling Kakadu C and Calm Cool + Corrected product lines. These new products are formulated with anti-aging components, including ferulic acid, aimed at reducing the appearance of wrinkles, fine lines, pores, and discoloration.
Prominent Players in the Ferulic Acid Market
- Delekang
- Healthful International
- Top Pharm
- Ankang
- CM Fine Chemicals
- Hubei Yuancheng
- Huacheng
- App Chem-Bio
- Yuansen
- Oryza</