Natural ferulic acid market will grow at a CAGR of 6.7% by 2025 and industry expects consumption at over 750 tons from 2019 to 2025 owing to the growing demand for anti-aging creams owing to significant product innovation and rise in elderly population.
This product plays a vital role in preventing free radical formation and enhancing the effectiveness of various antioxidants such as vitamins C, E and A. It is routinely added to anti-aging serums pertaining to its efficiency in reducing wrinkles and age spots. Global anti-aging market size is likely to exceed USD 300 billion by 2025, owing to rising demand for dermal fillers and booming medical tourism sector which indicates ample growth opportunities. Increasing spending on personal care products on account of rising income and rising stress wing to fast-paced lifestyles should further accelerate the natural ferulic acid market growth.
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Increasing health awareness and changing lifestyles should promote the adoption of natural ferulic acid in packaged food industry. Global packaged food market size surpassed USD 2.5 trillion in 2018 owing to rising awareness regarding food hygiene which is an indicator of tremendous growth potential. It is essential for avoiding coronary diseases and lowering cholesterol levels on account of its antioxidizing property. It also plays a key role in preventing food discoloration and bacterial contamination. Growing demand for packaged baby food owing to rise in the number of working parents and increasing consumption of natural baked products should augment the natural ferulic acid market share.
The possibility of developing an allergic reaction to ferulic acid owing to a pre-existing allergy to its raw materials such as corn, barley and wheat may hamper market growth. This may result in rash, hives, redness, skin peeling and itchiness. The product may also cause respiratory distress and aggravate medical conditions such as chronic bronchitis and emphysema upon inhalation. However, most cosmetic manufacturers ensure on sourcing natural ingredients which minimizes these adverse health effects and should boost market growth.
|Forecast Period:||2019 to 2025|
|Historical Data for:||2014 to 2018|
|No. of Pages:||190|
|Tables, Charts & Figures:||303|
|Segments covered:||Purity and Region|
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Global natural ferulic acid <98% market surpassed USD 8.5 million in 2018 owing to growing adoption in the manufacturing of flavoring agent vanillin which finds widespread usage in pharmaceutical, food and beverage industries. The product offers significant antioxidant capacity which increases its suitability for food processing, chocolate, ice cream, and baking. Growing demand for proteins, antioxidant-rich products and healthy lifestyles is likely to further stimulate industry growth.
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Global natural ferulic acid <98% market from pharmaceutical applications should register over 6.5% gains by 2025 on account of growing drug affordability and rising health awareness. This substance is routinely used to reduce inflammation, prevent microbial growth, treat diabetes and cancer. It prevents coronary disease, improves sperm viability and masks unpleasant taste and odour of medicines. Significant economic growth, medical innovations and manufacturer’s efforts to target specialty diseases segment should accelerate natural ferulic acid <98% growth.
Global natural ferulic acid >=98% market from food preservative applications is likely to surpass USD 7.5 million in the predicted timeframe pertaining to growing consumption of ready-to-eat food products. It stabilizes and prevents the autoxidation of natural oils in food along with inhibiting growth of pathogenic bacteria such as E. coli, staphylococcus aureus and bacillus subtilis. Rising industrialization and growing demand to enhance shelf life of food products is predicted to accelerate the segment growth.
Global natural ferulic acid >=98% market from cosmetic applications exceeded USD 10 million in 2018 primarily owing to booming e-commerce industry and adverse effects of climatic conditions on skin health. It enhances the delivery of vitamin C in cosmetic products to the skin and prevents its oxidation. This substance absorbs harmful ultraviolet radiations from sunlight and inhibits the formation of melanin, thus preventing darkening. Growing demand for natural ingredients and increasing adoption of fashion products among men should further foster natural ferulic acid >=98% segment growth.
North America driven by Canada, Mexico, and the U.S. should register over 5.5% gains up to 2025 majorly owing to rise in chronic illnesses and significant awareness regarding child health. This product improves lipid profiles, reduces oxidative stress, and lowers the risk of cardiovascular disease, along with reducing free radicals formed in muscles. Growing healthcare costs, increasing preference for preventive healthcare and significant technological advancement should further stimulate the natural ferulic acid market revenue in the region.
Europe led by Germany, UK and France surpassed USD 4.5 million in 2018 pertaining to growth in innovative healthcare treatments and personalized medicines. It plays a vital role in the treatment of alzheimer’s disease, diabetes, atherosclerosis, cancer and cardiovascular disease. Increasing adoption of biopharmaceuticals and low tax & interest rates in the region is predicted to accelerate the natural ferulic acid market share.
Asia Pacific led by Japan, India, and China should exceed USD 30 million by 2025 on account of rising demand for packaged food owing to significant urbanization and online retail sector growth. This product is routinely used as a food additive on account of its ability to prevent photo-oxidation of ingredients and non-toxicity which increases its suitability for cereals, dried fruits, juices and soy products. Growing canned meat consumption pertaining to its low cost along with increasing government schemes to promote investment in the food sector should promote the natural ferulic acid market.
Global natural ferulic acid industry share is significantly competitive and includes several market participants such as
Certain manufacturers are engaged in expanding production capacity to cater to rising demand from food & pharmaceutical industries which should stimulate market growth.
Natural ferulic acid is a phenolic phytochemical which is extracted from natural raw materials such as rice bran oil, asafoetida and Angelica sinensis. This product is routinely used in medicines and food products owing to its antioxidant and therapeutic effects. Rise in chronic health disorders, increase in personal income and growing demand for packed food for convenient consumption is predicted to accelerate the natural ferulic acid market.
Natural ferulic acid Market report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2019 to 2025, for the following segments:
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The above information is provided on a regional and country basis for the following: