Global Ferulic Acid Market Growth 2023-2029

Global Ferulic Acid Market Growth 2023-2029

Ferulic Acid is extracted from Rice Bran Oil. It is one of the most powerful natural anti-oxidants. Ferulic acid is a natural chemical that is found in the cell walls of plants. It is called phytochemicals, which are found in a wide variety of plant species. The official name for this product is 4-hydroxy-3-methoxycinnamic acid.

LPI (LP Information)' newest research report, the “Ferulic Acid Industry Forecast” looks at past sales and reviews total world Ferulic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Ferulic Acid sales for 2023 through 2029. With Ferulic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ferulic Acid industry.

This Insight Report provides a comprehensive analysis of the global Ferulic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ferulic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ferulic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ferulic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ferulic Acid.

The global Ferulic Acid market size is projected to grow from US$ 78 million in 2022 to US$ 268.6 million in 2029; it is expected to grow at a CAGR of 268.6 from 2023 to 2029.

Global ferulic acid key players include Zhejiang Delekang Food Co., Ltd, Healthful International, Fengzhijin, etc. Global top 5 manufacturers hold a share about 70%.

Europe is the largest market, with a share about 65%, followed by China and North America, both have a share over 25 percent.

In terms of product, natural is the largest segment, with a share over 85%. And in terms of application, the largest application is food industry, followed by pharmaceuticals.

This report presents a comprehensive overview, market shares, and growth opportunities of Ferulic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Natural Ferulic Acid

Synthetic Ferulic Acid

Segmentation by application

Food Industry

Pharmaceuticals

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Healthful International

Zhejiang Delekang Food Co., Ltd

Fengzhijin

Hunan Huacheng

TSUNO

XI’AN APP-CHEM BIO (TECH) CO., LTD

Tateyamakasei

Jining Ankang Pharmaceutical Co., Ltd

Leader Chem

OkayasuShoten

Oryza

Shanxi Bioon

CM Fine Chemicals

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ferulic Acid market?

What factors are driving Ferulic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ferulic Acid market opportunities vary by end market size?

How does Ferulic Acid break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.