Natural Ferulic Acid Market Size, Share, Trends, Growth 2030

The global natural ferulic acid market size was evaluated at $90.77 million in 2022 and is slated to hit $201.03 million by the end of 2030 with a CAGR of nearly 10.45% between 2023 and 2030.

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Global Natural Ferulic Acid Market: Overview

Natural ferulic acid is an antioxidant that occurs naturally in many seeds and plants. From the rice bran of Sativa Linne (Gramineae), the natural ferulic acid is been extracted and refined. Ferulic acid plays an essential role as it offers rigidity to the cell wall as well as in the formation of some of the important organic compounds including curcumin, vanillin, diferulic acid, sinapic, and coniferyl alcohol.

Global Natural Ferulic Acid Market: Growth Factors

The rise in demand for natural ferulic acid by the food industry due to its vital role in food preservation, growing consumption of natural baked products, and rise in disposable income are the primary factors that are fueling the growth of the global natural ferulic acid market. Natural ferulic acid offers several benefits and a wide range of applications in the cosmetic industry. It is a very powerful anti-aging agent and antioxidant. In addition to this, it acts as a synergistic with antioxidants such as vitamin E & C, prevents damage to skin cells that is been caused by UV light, neutralizes several free radicals that cause damage including nitric oxide, hydroxyl radical, & superoxide, which has anti-irritant properties, and also have skin-whitening effects.

Due to all these properties, ferulic acid is widely used in face creams, anti-aging serums, eye creams, lotions, sunscreens, lip treatments, & antiperspirants. Thus, with the rapid growth in the cosmetic industry, there is a huge demand for ferulic acid thereby contributing to the growth of the global market. Moreover, in addition to the cosmetic industry, ferulic acid is being widely used in the pharmaceutical and chemical industry which is also fostering the growth of the market. Furthermore, the rise in research & development activities for the launch of innovative products may create huge opportunities for the growth of the global natural ferulic acid market over the forecast period. However, some of the allergic reactions such as itchiness, rash, redness, skin peeling, and hives are associated with the use of ferulic acid that may limit the growth of the global natural ferulic acid market.

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The global natural ferulic acid market is hit by the outbreak of Covid-19. The decision of stay-at-home orders, strict lockdown, and restriction on movement have affected each sector of business across the world. The shutdown of production units has harmed the production of the products. The end-users of natural ferulic acid including the packaged food industry, cosmetics, and many more are also been affected by the pandemic resulting in a dropdown in the demand for the products. In addition to this, the disruption in the supply chain is been observed due to limitations on trade and transport. All these factors have resulted in the setback in the growth of the global natural ferulic acid market during the Covid-19 outbreak.

Natural Ferulic Acid Market : Report Scope

Global Natural Ferulic Acid Market: Segmentation

The global natural ferulic acid market is segregated based on application, purity, and region. Based on the application, the global natural ferulic acid market is bifurcated into pharmaceuticals, food, and cosmetics. Based on the purity, the global market is divided into <98% and >=98%.

Global Natural Ferulic Acid Market: Regional Analysis

Among the regions, North America is estimated to grow substantially and account for the largest share of the global natural ferulic acid market. The rise in demand for packaged food, growing demand for natural ferulic acid in the pharmaceutical sector owing to increase in chronic diseases, and presence of advanced technologies used in the extraction processes of the ferulic acid. On the other hand, Asia Pacific is anticipated to be the fastest-growing region during the forecast period.

This is attributed to expanding cosmetic industry, rise in demand for anti-aging products, and growing use of ferulic acid in pharmaceuticals owing to its beneficial properties. Europe is also expected to contribute for significant share due to the rise in acceptance of personalized medicines.

Global Natural Ferulic Acid Market: Competitive Players

The global natural ferulic acid market is led by players like:

• Cayman Chemical
• Hunan Huacheng Biotech
• Haihang Group
• Oryza Oil & Fat Chemical
• Zhonglan Industry
• Kingherbs Ltd
• Sisco Research Laboratories Pvt Ltd
• Nutragin Biotechnology Co Ltd
• Shaanxi Guanjie Technology Co Ltd
• Kowa India Pvt. Ltd

The global natural ferulic acid market is segmented as follows:

By Purity

• <98%
• >=98%

By Application

• Pharmaceuticals
• Food
• Cosmetics

Global Natural Ferulic Acid Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.