Global Market Size, Forecast, and Trend Highlights Over 2025-2037
p-Hydroxycinnamic Acid Market size was valued at USD 150.53 million in 2024 and is likely to cross USD 253.79 million by 2037, expanding at more than 4.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of p-hydroxycinnamic acid is estimated at USD 155.78 million.
The growth of the market can be attributed to adoption of safer alternatives which includes natural compounds or biodegradable polymers. Less than approximate 0.30 percent of all thermoplastics were consumed globally in 2020 from biodegradable polymers. However, they do have a significant chance of helping to create a more sustainable future.
p-Hydroxycinnamic acid is a type of aromatic acid that perhaps be found in many plants which includes tea leaves, coffee beans, cinnamon bark, and cumin. It also exhibiting pharmacological effects that include anticancer, antioxidant, antiviral, immunomodulatory, and antiallergic. HCA has recently been demonstrated to exhibit anti-cancer properties in a variety of human cancer cell types, including bone metastatic breast cancer MDA-MB-231, pancreatic MIA PaCa-2 and Pt45P1 cells, human colon cancer cells, and neuroblastoma N2a cells.
p-Hydroxycinnamic Acid Sector: Growth Drivers and Challenges
Growth Driver
-
Growing Application of p-Hydroxycinnamic Acid in Various Industries: The International Coffee Organization (ICO) estimates that 167.26 million bags of coffee are estimated to be consumed worldwide in the coffee year 2020/21, a rise of 1.9% from the 164.13 million bags that were reported in the coffee year 2019/20. High amounts of p-hydroxycinnamic acids (HCAs), a type of natural phenolic component, can be found in a variety of foods including fruits, vegetables, cereals, coffee, tea, and wine. P-Hydroxycinnamic acid is a vital ingredient of coffee, thus its use in the food business is anticipated to increase.
-
Growing Prevalence of Obesity and Diabetes: By 2025, it is predicted that 2.7 billion adults would be overweight, over 1 billion people would be obese, and 177 million individuals would be extremely obese.
-
Technology Advancement in p-Hydroxycinnamic Acid: A natural preservative called p-Coumaric Acid has been introduced by Massachusetts-based biotech Conagen as the "clean label" trend spreads across several consumer product categories (PCA). The natural preservatives provided by Blue California, Conagen's marketing partner, are expanded by PCA, which is produced by fermentation.
-
Growing Cosmetic Industry: The value of the global market for natural cosmetics and personal care products is projected to rise from just under 29 billion dollars in 2021 to around 50 billion dollars in 2027.
-
Hydroxycinnamic acids are employed as external electron acceptors: As a potential alternative energy source, the metabolism of hydroxycinnamic acids by 19 exclusively heterofermentative lactic acid bacteria strains was studied. The strains of Weissella spp., Lactobacillus brevis, Lactobacillus fermentum, and Leuconostoc mesenteroides, for which the MIC values were the same, were the next most tolerant to hydroxycinnamic acids, followed by Lactobacillus curvatus PE5.
Challenges
- High Production Cost
- Harmful Effect of p-Hydroxycinnamic Acid
- Lack of Awareness about the Product
p-Hydroxycinnamic Acid Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
4.1% |
|
Base Year Market Size (2024) |
USD 150.53 million |
|
Forecast Year Market Size (2037) |
USD 253.79 million |
|
Regional Scope |
|
p-Hydroxycinnamic Acid Segmentation
In p-hydroxycinnamic acid market, chemical industry segment is projected to capture revenue share of over 32.69% by 2037, backed by extensive use of p-hydroxycinnamic acid in medical application. Most of the mouth washers and toothpaste also content this acid. Further it is also being used for treating cancer, and cardiovascular disease. Increasing cases of diabetes is moreover expected to boost the growth of the market. There were 1.4 million new cases of diabetes identified in 2019. It is estimated that, over 37.3 million Americans, or one in ten, have diabetes.
Our in-depth analysis of the global p-hydroxycinnamic acid market includes the following segments:
|
By Product |
|
|
By End-User |
|
Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.
Customize this Reportp-Hydroxycinnamic Acid Industry - Regional Synopsis
Asia Pacific industry is predicted to dominate majority revenue share of 43% by 2037, attributed to growing middle-class population in this region. The middle-class population in Asia Pacific is expected to grow from approximate 2 billion to 3 billion people between 2020 and 2030, an approximate 70% increase as well as about 80% of the global growth. Also the growing cosmetic industry is expected to fuel the market growth in this region.
Additionally, By the end of 2037, Europe region is projected to capture considerable p-Hydroxycinnamic Acid market share. Further, the Europe region is segmented into countries including, Germany, France, UK, Italy, Spain, and more. Out of which, Germany region in p-Hydroxycinnamic acid market is likely to account for substantial revenue share by 2037.
Companies Dominating the p-Hydroxycinnamic Acid Landscape
- Cayman Chemical
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- United States Biological Corporation Inc
- Tokyo Chemical Industry Co., Ltd.
- AdooQ BioScience, Nanjing NutriHerb BioTech Co.,Ltd,
- APExBIO Technology LLC
- FujiFilm Wako Pure Chemical Co.
- BioCrick BioTech
- Merck KGaA
- MOLNOVA.
In the News
- In 2022, Hangzhou Viablife Biotech launched p-coumaric acid (4-hydrocinnamic acid), produced through fermentation and formulated as a natural preservative.
- In 2021, Conagen, a leading biotech company, introduced a new range of preservative products, featuring p-coumaric acid.
Author Credits: Rajrani Baghel
- Report ID: 4355
- Published Date: Dec 24, 2024
- Report Format: PDF, PPT
