According to Custom Market Insights (CMI), The Global Ferulic Acid Market share was estimated at USD 68 million in 2021 and is anticipated to reach around USD 135 million by 2030, growing at a CAGR of roughly 8% between 2022 and 2030.
Our research report offers a 360-degree view of the Ferulic Acid market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Ferulic Acid market.
Ferulic Acid Market: Overview
Using ferulic acid reduces bacterial contamination by preventing banana oxidation, green pea color tone maintenance, and green tea discolouration. Additionally, it shields human skin from UV rays. As a result, ferulic acid is frequently utilized in cosmetics applications as a sunscreen, a whitening agent, and to absorb long UV wavelengths. Due to its structural properties, it also functions as an anti-inflammatory, apoptotic inhibitor, and cardioprotective drug. Ferulic acid and curcumin food supplements are regarded as a nutritional strategy to lessen amyloid pathology and oxidative damage in Alzheimer’s patients.
Browse the full “Ferulic Acid Market Size, Trends and Insights By Type (Natural, Synthesis), By Application (Pharmaceuticals Intermediates, Cosmetics, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032″ report at https://www.custommarketinsights.com/report/ferulic-acid-market/
Growth Factors
The global ferulic acid market is anticipated to grow due to the increased demand for anti-ageing products. Antioxidant properties naturally fight cancer and help with diabetic therapy, in addition to wrinkle prevention.
The biological effects of ferulic acid are extremely diverse and include anti-inflammatory, transcription factor activation, antibacterial, anti-allergic, metal chelation, antithrombotic, enzyme activity attenuation, enhanced sperm viability, signal transmission, and gene expression. These adaptive qualities will surely attract the pharmaceutical industry, which will greatly influence the ferulic acid market.
The food processing sector uses ferulic acid as a food preservative. Due to ferulic acid’s non-toxic properties, which make it suitable for use in the food industry, the demand for canning meat has risen in recent years. Additionally, factors that are anticipated to promote the growth of the global ferulic acid market include the increasing demand for packaged baby food items due to an increase in the number of working parents and an increase in the consumption of natural baked goods.
Segmental Overview
The market for Ferulic Acid is segmented into type and application. Based on type, the natural ferulic acid segment is expected to witness a higher CAGR during 2022-2030. Ferulic acid is a substance that occurs naturally and is generated from the leaves and seeds of plants. It provides rigidity as a result of conjugation to the cell membrane. In plants, ferulic acid is produced through biological processes. Ferulic acid is a naturally occurring substance in commercial plants like pineapple, oats, wheat, and rice. In addition, it is present in grains, flowers, vegetables, and grasses. Natural ferulic acid dominates the ferulic acid market and is expected to grow at a healthy rate over the forecasted period.
Based on application, the food industry accounts for the second-largest segment of the ferulic acid market. Both natural and synthetic ferulic acids, i.e., ferulic acid, are employed in the manufacture of packaged food products. It is well known that ferulic acid lowers cholesterol and guards against heart disorders. It has strong antioxidant properties in nature. Thus, the processing of packaged food goods uses more ferulic acid.
Regional Overview
The largest ferulic acid market in the world is in Asia Pacific. Asia Pacific, headed by Japan, India, and China because of rising packaged food consumption brought on by major urbanization and expansion of the internet retail industry.
This substance is often used as a food additive due to its capacity to prevent photooxidation of additives and lack of toxicity, making it appropriate for dried fruits, juices, cereals, and soy products. The market for ferulic acid is boosted by rising canned meat consumption due to its low cost as well as overzealous government initiatives to promote investment in the food industry.
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Competitive Landscape
To meet the rising demand for Ferulic Acid, industry players are concentrating on increasing their market presence in numerous nations and regions. The Ferulic Acid market is experiencing increased expansion across the globe due to the fierce competition driving product innovation.
Our market analysis includes a section specifically devoted to key players operating in the Ferulic Acid market. Our analysts give an overview of each player’s financial statements, along with product benchmarking and SWOT analysis. The competitive landscape section includes key development strategies, market share analysis, and market positioning analysis of the mentioned competitors globally.
Some of the prominent players
- Delekang
- Healthful International
- Top Pharm
- Ankang
- CM Fine Chemicals
- Hubei Yuancheng
- Huacheng
- App Chem-Bio
- Yuansen
- Oryza
- Shanghai Bettersyn Biotech
- OkayasuShoten
Table of Contents: https://www.custommarketinsights.com/report/ferulic-acid-market/#table-of-contents
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